Because Spotify pennies won’t buy you Taco Bell at 2 a.m.
Are you tired of getting checks from streaming platforms that can’t even cover a venti latte? We get it. Being a music artist in the age of streaming is like being handed a participation trophy for running a marathon—it's something, but it’s not paying the rent.
So, let’s talk about leveling up your money game. If you’re ready to expand your revenue streams beyond streaming, here are seven ways to make the moolah flow like your sick beats. Spoiler: they don’t all involve you living in the studio 24/7.
Not everyone has your talent, but some would pay good money to learn. Whether you’re teaching guitar to aspiring rock stars or offering vocal lessons to choir kids who dream of Broadway, teaching is a goldmine.
How to Start:
Pro tip: Market yourself as a “cool music teacher.” Nobody wants the vibe of a grumpy high school band director yelling about eighth notes.
Workshops are like teaching but on steroids. Instead of one-on-one, you’re running an event where you can teach a group of people at once. Cover topics like songwriting, music production, or even the business side of being an artist.
How to Start:
Bonus points if you give it a catchy name like “Beats and Brains” or “The Hitmaker’s Bootcamp.”
You know those Instagram ads where someone’s holding a protein shake looking way too happy? That could be you. Brands are always on the lookout for fresh faces (or sounds) to help them sell their stuff.
How to Start:
And don’t forget to be authentic. Nobody’s buying that you actually use "DJ Dave's Miracle Guitar Polish" unless it actually slaps.
You know jingles, those catchy little tunes you can’t get out of your head? Businesses, weddings, and even podcast creators need custom music. That’s where you come in.
How to Start:
Just make sure you’re okay with hearing your work sell laundry detergent or play during someone’s “first dance” 20 years from now.
Residencies are like the holy grail of gigs. Instead of constantly traveling to different venues, you camp out in one spot and get paid to perform regularly. Think of it as the “steady job” of the music world.
How to Start:
If you’re lucky, you might even land a residency in Vegas. But hey, even a residency at your local brewery counts.
Ah, the bread and butter of a musician’s income. Whether it’s playing gigs at local venues, private events, or backyard weddings, live performances are still one of the best ways to get paid.
How to Start:
And don’t forget to milk the merch table for all it’s worth. (More on that next.)
Your fans don’t just want your music—they want to wear it, hang it on their walls, or flex it on their phone screens. From T-shirts to digital downloads, merch is the gift that keeps on giving.
How to Start:
NFTs, you say? Yep, some artists are cashing in by offering one-of-a-kind digital collectibles. Just don’t forget to explain what an NFT is to your fans. (Hint: it’s not a sandwich.)
Conclusion
Streaming might get your music heard, but these revenue streams will actually get you paid. From teaching and workshops to live gigs and merch, the opportunities are endless for artists willing to think outside the (streaming) box.
Start with one, experiment, and expand as you go. The key is diversifying so you’re not putting all your eggs in one Spotify playlist.
Remember, you’re not just a musician—you’re a brand, a teacher, an entrepreneur. Go out there, make the magic, and watch the dollars roll in.
Now go forth and monetize like a boss.