Do I Need an LLC when I'm just starting out in music?

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Music artists don’t know if they should get an LLC or not when starting out. In most cases it's not the money it's a fear of building a business because your dream is finally becoming real. Here's the thing, not knowing is one thing but being scared of succeeding is another. Every creative or new music exec getting started should be in the position of I have no choice to alleviate the fear but how do you get there you ask? Watch this video and find out right there on the Music money Makeover show!
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00:00 - Let’s Talk
01:56 - Here’s The Quick Answer!
02:10 - Oh The Mistakes
02:28 - But I’m just a nobody!
02:53 - My Scandalous Dealings
03:31 - #1 Mistake
04:32 - #1 Mistake Explained
05:00 - Suede The Remix God vs Shirley Caesar
08:02 - The 2nd Mistake Publishing
10:10 - Funding
11:06 - Co Mingled Funds
11:46 - Cash is an asset in the beginning
12:33 - Grow with your LLC
13:48 - Build it right!
15:47 - Clarity for your career
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Video Copyright © 2023 Music Money Makeover LLC (www.musicmoneymakeover.com)
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#MusicMoneyMakeover #LLC #RecordLabel

Пікірлер: 54

  • @asavagehandproductions186
    @asavagehandproductions186 Жыл бұрын

    Bro I just wanted you to know you are freaking dope your channel is the best it's very intuitive precise thx

  • @shawnatkins2172
    @shawnatkins2172 Жыл бұрын

    Thank you my brother you taught me something very valuable

  • @ChaosNetwork
    @ChaosNetwork Жыл бұрын

    I started two LLCs, my label in 2021, and the Publishing Company last year. I'm with you Casey. I went all in last year and haven't ate unless it was off music. It's been an amazing experience. I want that funding and legal protection. I learned the business from you and Sidney Eugene at LearnMBE. We gone 🚀

  • @litfanswagacii2127
    @litfanswagacii2127 Жыл бұрын

    Thanks for this

  • @nubiwiththebull
    @nubiwiththebull Жыл бұрын

    You always drop gems bro

  • @eefmydee1slideways

    @eefmydee1slideways

    Жыл бұрын

    Straight facts😊

  • @EnrichedVisions
    @EnrichedVisions Жыл бұрын

    Blessings on Blessings. Thank you for your wisdom. Don't ever quit. Us artist need people like you.

  • @MusicMoneyMakeover

    @MusicMoneyMakeover

    10 ай бұрын

    I appreciate that

  • @disciple_deshun
    @disciple_deshun Жыл бұрын

    "If You build it, They will come"!... I receive it.

  • @blu3dymondmusic
    @blu3dymondmusic Жыл бұрын

    Yasss Thank you for this 💎

  • @MusicMoneyMakeover

    @MusicMoneyMakeover

    Жыл бұрын

    You're welcome

  • @keepitahunnybun
    @keepitahunnybun Жыл бұрын

    Appreciate this! I'll admit I've thought about doing the same thing with other people's beats 😅

  • @MusicMoneyMakeover

    @MusicMoneyMakeover

    Жыл бұрын

    😅 C'mon man stall em out!

  • @MrBODYGraffiti
    @MrBODYGraffiti Жыл бұрын

    I'm looking for a second job just so I can get this info, you motivated me.

  • @MusicMoneyMakeover

    @MusicMoneyMakeover

    Жыл бұрын

    You got this!

  • @SkylerJuan
    @SkylerJuan Жыл бұрын

    Respect! ✊🏽 I bought the course. Went through the first three steps. Ready to finish the rest of it! 🎉

  • @checkmatenate

    @checkmatenate

    Жыл бұрын

    Hell yeah man glad to hear it!

  • @y.e.a.h5634

    @y.e.a.h5634

    Жыл бұрын

    How do I get an LLC if I don't have the money to start one?

  • @MusicMoneyMakeover

    @MusicMoneyMakeover

    Жыл бұрын

    Awesome! Thank you!

  • @reignkaida

    @reignkaida

    Жыл бұрын

    @@y.e.a.h5634 You got the typical response of someone who says they are broke I bet if you asked where you can buy the course your question would have been answered that same day. Don’t try to interact with these businessmen that’s all about business most will make it seem like they are giving you secret information just to get you to listen to them pitch something. All this information is readily available or accessible if you look hard enough for it. Good luck in your journey and don’t finance someone else’s dream while trying to find yours.

  • @abandcalledwoof
    @abandcalledwoof Жыл бұрын

    Gems as always. Thanks for another insightful video!

  • @MusicMoneyMakeover

    @MusicMoneyMakeover

    Жыл бұрын

    Anytime

  • @monymeekins8509

    @monymeekins8509

    Жыл бұрын

    Is this all in your book 📚

  • @kadianmm
    @kadianmm Жыл бұрын

    I guess my confusion comes when you say Record Label Creation. If you are an Independent singer/songwriter, is creating a Record label holding all your songs whether written or sung? Maybe the way I word this question is incorrect or correct.

  • @disciple_deshun
    @disciple_deshun Жыл бұрын

    I want to learn how to bypass Songtrust for the "International Mechanical Royalties"....

  • @yhvhdriven9814
    @yhvhdriven9814 Жыл бұрын

    If you are an independent artist who wants to create a record label , do you hav to LLC your artist name to legally keep track of royalties under your LLC ? Should you trademark your artist name along with your record label ? What are the differences in that legally ?

  • @amorousmiamor
    @amorousmiamor Жыл бұрын

    ❤️

  • @FreddieGmuzik
    @FreddieGmuzik Жыл бұрын

    💯💯💯

  • @cdtba2594
    @cdtba2594 Жыл бұрын

    How much money should be enough to start a LLC ? Watching you from the UK and taking notes of everything !!

  • @tzoneo8029
    @tzoneo8029 Жыл бұрын

    I have signed up with BMI, I am going to also sign up with MLC, Sound exchange etc. will I still need Songtrust for publishing?

  • @NahVeA
    @NahVeA Жыл бұрын

    I need to know bc i cant find the answer anywhere, Do i need to trademark my publishing company name or my artist name? and lastly should an artist open an LLC for both or just one?

  • @bharp3539
    @bharp3539 Жыл бұрын

    Once I have the LLC how do I put all my assets, songs, music etc under the LLC?

  • @y.e.a.h5634
    @y.e.a.h5634 Жыл бұрын

    What If I don't have the money to start an LLC?

  • @Chicagolingo.
    @Chicagolingo. Жыл бұрын

    I need that course asap

  • @MusicMoneyMakeover

    @MusicMoneyMakeover

    Жыл бұрын

    Sure thing man. Grab it right here: www.musicmoneymakeover.com/60-day-record-label-course

  • @efiltej
    @efiltej3 ай бұрын

    So basically I shouldn’t have made a PRO account under my own SSN because if I want to collect my royalties I have to make everything else under my SSN n I’m more at risk for being sued and having my personal assets taken away? So should I delete everything off all platforms and setup my LLC before even dropping anything at all on my Distrokid account?

  • @AntmanFelix
    @AntmanFelix Жыл бұрын

    Question: So I have already signed up with ASCAP using my personal information rather then an LLC. I do intend to have a publishing company as an LLC. Is there a way to change my personal information to reflect the LLCs once it's created and have the EIN number? Thanks

  • @lamonth9019

    @lamonth9019

    Жыл бұрын

    Great question! I registered for ASCAP awhile ago and have been wondering the same thing.

  • @bharp3539

    @bharp3539

    Жыл бұрын

    I'm in the same situation...do we create a new ASCAP BMI account under our LLC?

  • @WaterTeam

    @WaterTeam

    Жыл бұрын

    same question I have

  • @kuntry1k
    @kuntry1k7 ай бұрын

    i started music bout 7 months ago and did not open a llc i fucked up ive bought a lot of stuff too this year i can write off, is it too late to get that in order before the year is over? ive made a little bit of money to if you could hit me up ill pay you to put me on some game i need you to talk me through it

  • @darthstarone3532
    @darthstarone3532 Жыл бұрын

    💪😎🎸 KILLA 🎸👻

  • @cynthiawalker1179
    @cynthiawalker1179 Жыл бұрын

    Thank you for the information! Can you tell me how much it costs to start an LLC? Thank you! 🙏

  • @MusicMoneyMakeover

    @MusicMoneyMakeover

    Жыл бұрын

    Depends on your state

  • @ruethemaker5069
    @ruethemaker50693 ай бұрын

    What type of LLC or business entity encompasses the production and distribution of music? Can I accomplish both with a production company rather than a label?

  • @MusicMoneyMakeover

    @MusicMoneyMakeover

    3 ай бұрын

    LLCs are just the company structure you can use it for any type of company you wish. There’s no specific special LLC.

  • @KIDMUZIC871
    @KIDMUZIC871 Жыл бұрын

    Jw let’s say I’m signed am I still able to set up a llc for protection is it best to do it before you sign or after

  • @MusicMoneyMakeover

    @MusicMoneyMakeover

    Жыл бұрын

    Before

  • @KIDMUZIC871

    @KIDMUZIC871

    Жыл бұрын

    Can you still do it after?

  • @natecurtis2665
    @natecurtis2665 Жыл бұрын

    Can I order a hard-back copy of 60 Day??

  • @MusicMoneyMakeover

    @MusicMoneyMakeover

    Жыл бұрын

    Sorry Nate I don't have a hard back version.

  • @natecurtis2665

    @natecurtis2665

    Жыл бұрын

    @@MusicMoneyMakeover Thank you for letting me know.

  • @thewayofmusic100
    @thewayofmusic100 Жыл бұрын

    Jesus is King