Creative Ways for Musicians to Make Money Beyond Gigs

Most of us who chose becoming music educators were motivated by our own experiences in creative self-expression and playing or singing in ensembles, and inspired by our incredibly dedicated school and private music teachers and ensemble directors. The “calling” of entering this profession was due to wanting to share this joy of making music! The best part of all of these musical experiences and training? Most of us retain these skills throughout our careers and even in retirement — many participating in community bands, orchestras, choirs, or jazz combos — some for hire!

Guest blogger Ed Carter reminds us that there are many ways to literally “cash in” our musicianship and supplement our income.

Article by Ed Carter

As a musician, making money can be challenging, especially when starting out. However, there are unique and unconventional ways through which musicians can earn extra money. Here are some ideas worth considering.

Live Streaming

Live streaming has become a popular way to reach audiences, especially because of its convenience and cost-effectiveness. As a musician, you can leverage this platform by hosting online concerts, meet-and-greet sessions, and private performances. To earn money from these events, consider using these platforms.

Selling Merchandise

Merchandise sales are a great way to promote yourself while creating extra income.
Consider offering merch such as hats, stickers, or even signed t-shirts. The key is to make your offerings unique and appealing to your fans. To ensure maximum exposure and sales, consider selling your merchandise at live events and through your website or social media channels.

Starting a YouTube Channel

YouTube has proven to be a powerful platform for musicians to gain exposure, build their fan base, and earn money. You can create a channel hosting content such as behind-the-scenes clips, tutorials, or even live performances. To earn money through YouTube, consider joining the YouTube Partner Program or utilizing sponsored content. Additionally, use other forms of social media platforms to promote your channel and gain more subscribers.

Tutoring

By sharing skills and experience, musicians can earn money through teaching. Consider offering lessons to beginners or those looking to advance their skills. To ensure consistent income, you can offer both in-person and online lessons. Creating a lesson plan, setting a reasonable rate, and marketing your services online will help you attract students.

Networking

Getting involved in your local music scene is essential to connecting with other musicians and growing your fan base. Consider attending open mics, local concerts or festivals, joining a band or musical group, or even volunteering. By building relationships with other musicians, you can collaborate on projects, gain valuable experience, and increase your exposure.

Playing Gigs

Playing for events is a great way to not only earn extra money but also gain exposure to potential fans. Consider contacting event planners, wedding coordinators, and event organizers to offer your services. To succeed in this avenue, be reliable, punctual, and consistently produce quality music. By offering a unique musical experience, you will earn more referrals and increase your client base.

Composing

If you have experience in musical arrangement and composition, there is a high demand for those skills. Consider working with bands, orchestras, and other musical groups to create unique arrangements. To get started, create a portfolio of past arrangements, market your services online, and network with other musicians in your community.

Striking a First Impression

If you are a musician, having an engaging and memorable business card can help you stand out from the crowd and promote yourself. One solution to create professional and visually appealing cards is to use online tools. You can include your contact information, social media handles, and music style description on your card and distribute them at events, live performances, and networking opportunities. This may be a solution to help you make a lasting impression and expand your fanbase.

As a musician, there are various ways to earn extra money while building your career. By leveraging different platforms and services, such as live streaming, YouTube, and
merchandise sales, you can increase your revenue and grow your brand. Remember,
consistent quality and hard work are key to achieving success in the music industry.

Book by Ed Carter

About Ed Carter, Guest Blogger

I’m Ed Carter, and I am a retired financial planner. Over the years, I’ve worked with clients of all ages, backgrounds and incomes. About 10 years into my career, I saw a need for financial planners who specialize in helping individuals and families living with disabilities. Regardless of their nature or how long they’ve affected someone, physical and mental limitations often cause stress and confusion when it comes to financial planning. Many people are unaware of just how many options they have when it comes to financial assistance and planning, so it’s an honor to offer my experience and change people’s lives for the better.

Now that I’m retired, I’m committed to continuing my services, even though I work on a broader scale than when I was working 9 to 5. I now spend my free time writing financial literacy articles for people to share on their blogs, collecting resource links for people to share on their websites, and collaborating with like-minded folks who want to make a difference.

— From Ed Carter’s website

© 2023 Paul K. Fox