Hello everyone,
Thanks for tuning into another post. Today's post is an article written by Charles Carpenter. They are a musician in the San Antonio region of Texas. I would highly suggest you venture over to their website healing sound. There are some other great writings available there. Without further to do, here is Charles Carpenter's advice on making income as a musician during the pandemic.
(Photo via Pexels)
Since COVID-19 restrictions went into effect in early 2020, professional musicians have been hit hard. With the majority of their income being generated from in-person performances — which have been put on hold for a year now — individuals in the industry have had to look to alternatives for making an income.
While things are beginning to look a bit more promising than they have in months, social distancing measures and capacity restrictions will likely be in place for the long haul. If you are a musician who is still in search of ways to generate additional income, you can follow Chris Friesen’s lead and heed these valuable tips.
Host online performances.
Although it doesn’t have the same vibe as an in-person show, musicians around the globe have used Zoom and other online platforms to host digital performances. You can also use this idea to put on a paid performance for your fans. Consider partnering with other local musicians and small businesses to host an online music “fest.” Offer your attendees fun incentives at different ticket tiers, and promote the importance of supporting local musicians.
Start your own online business.
Whether music-related or not, starting your own online business is easier than you think. This is especially true when setting up a business that earns you passive income. With a great name, an intuitive website design, and a bit of marketing, you can generate hundreds (or even thousands) of dollars per month.
Before launching, be sure to select the business entity that is right for your situation. Since you’ll likely be in business by yourself, an LLC or sole proprietorship will work best. If your business will mainly be a side gig, a sole proprietorship structure is the easiest and least expensive to set up. At tax time, you will report all your business income (and deduct business losses) on your personal tax return. An added bonus is that the tax rates for this business structure are usually the lowest.
Check music-related job openings at local schools.
Since you know how to play one or more instruments, why not use your expertise to teach at a local school? Check online listings for openings at your city’s local schools. Whether for an after-school program or part of a credit-earning course, there may be a part- or full-time position that suits you perfectly. Some of these positions even come with benefits, including insurance and paid days off.
Write a book.
Have you always wanted to write a fiction or non-fiction book? Self-publishing platforms have made it easier and less expensive than ever before to publish whatever book idea has been swirling around in your mind. The great thing about publishing a book is that you can continue to generate passive income from it for years to come. Even after in-person shows have resumed at full capacity, you can continue to market and promote your book to earn extra cash.
Take up gig work.
If you are in a pinch, one of the quickest ways to start making money is to take on gig work. Across the country, there is a major demand for food delivery, grocery delivery, and transportation services. Signing up for several of today’s top platforms — such as Uber Eats, DoorDash, and Shipt — can help you earn several hundred dollars per week.
Times have definitely been challenging for musicians. Until life gets back to some version of “normal,” get creative in the way you use your skills to earn income. Look for every opportunity to utilize your passion and expertise, and know that better days are ahead.
Chris Friesen provides in-person and 100% online guitar, piano, voice, bass guitar, and upright bass lessons for adults and children. Explore Chris’ services and pricing now.
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