Wallz,
Let me first keep it very real by saying that I've been taking note of every word that you've said on this post and have even cut and pasted the things that you've said that are important to me in a word doc.
I could use some good advice and information. First, you are the only person I know semi-personally that is making a living off of making music. I know the very basics of how a producer can make money, like through an advance for a beat, royalties on records sold, mechanical and sync licenses, blah blah blah. These are all things I've read in a book. But from your real world, real life experience, what brings in the most money for you. And I know that how much you make on royalties and liscenses depends on the particular artist, label, beat, whether or not the track becomes a hit, and all that, so if I just answered my own question, then maybe you can just give me any info you have to offer about how a producer makes money in this business.
Also, what players do you have on your team? Do you have your own publishing company or do you use a seperate publishing company? Do you have a personal manager? I'm sure you have an entertainment lawyer. Do all these players try to make money for you by promoting the use of your beats and who brings the most business for you?
Right now I'm spending all my available time developing my production skills. That is to say that I'm improving my abilitiy to make beats, mix, and master beats, and I'm also trying to expand my knowledge about non-musical aspects of being a producer. Instead of working with artists and trying to get tracks on the radio I'm trying to build a solid library of beats.
I've read from your posts, and other resources, that good entertainment lawyers have relations with all the entities in the music industry. And no one really wants to piss off a lawyer, so you're lawyer might be able to get your music in the right peoples hands. What I want to know is, what do entertainment lawyers look for in a producer? Could you give a list of prerequisites that you should have before looking for a lawyer. Is it good enough to have 50 hot joints just waiting to be recorded and released, even though you've never sold a beat or worked with an industry artist before? Or do they only work with people that have already established themselves in some way, like by having already sold a beat to an industry artist or anything else along those lines? So basically, to you recommend that I look for a lawyer once I have a large stock of radio ready beats?
Sorry for all the questions but the sh*t that your doin for us right now is very very helpful and eye openning.... I couldn't control myself.
Peace