Wendy DayCEO/Coach, PowerPlays Coaching, LLC · Helping rappers make money with their music. Building millionaires in the urban music industry since 1992.

You're NOT running a business...

6 Sept 2024 · 1 min

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Most music operations are just A&R departments spending money, not real businesses. Rap-A-Lot owns its catalog, generates revenue annually, and has a sustainable financial model. Real music businesses need catalog ownership, consistent revenue streams, and strategic partnerships.

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You have to figure out a way to be a real business and not an exaggerated A&R where you got a budget and you could do things with your budget, but it's not a business. It's not like Rap-A-Lot or something like that. You know what I'm saying? Like, that's a, that's a business. That's his. He got his masters. He has the things. He makes money every year. He spends money every year. He gets money. He's got catalog. Catalog. So it's like when I spoke to him about music back then, it was a whole nother thing. And it made sense to me because even with Rockefeller, I think we stayed more in the A&R— you did joint venture, you did, because you always had to go there for something. We always had to do, you know, by the label. Yeah.