I have always wondered what it would be like to have investors – folks who believe in me and my music so much that they would front me money for my next project. Basically, a record label.
What if I had people demanding that I get in the studio to record, demanding that I make a music video. And what if I was on the hook financially for those outcomes?
Would it produce better, quicker results?
I think so.
There is a newish thing happening on the indie music scene. It is called “crowd-funding” or “fan-funding”.
The idea is that I get a bunch of friends and fans and family to invest money in my next project. In return they get something based on the amount they give – i.e. a cd, a hug, a drawing, a song named after them, a party, etc. It is like quid pro quo, except there is an element of awesomeness to it.
In addition to getting fabulous prizes, investors have a real impact on my production.
What do you think?