24. Myths About Musicians and Money

Jul 27, 2021 · 19m 48s
24. Myths About Musicians and Money
Description

We are all familiar with doubt in our lives, sometimes it is obvious, other times it’s hidden in our self-sabotage. It can be action or inaction. It can also spread...

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We are all familiar with doubt in our lives, sometimes it is obvious, other times it’s hidden in our self-sabotage. It can be action or inaction. It can also spread like a virus through false belief and inaccurate ideas or myths. Well, we are here to offer a cure, and no, it’s not more cowbell.

https://reverb.org
REVERB was founded in 2004 by environmentalist Lauren Sullivan and her musician husband, Adam Gardner of Guster. While Lauren was seeing the power musicians brought to environmental campaigns when she was working at the Rainforest Action Network, Adam was feeling badly about the size of his band’s environmental footprint on tour.
After speaking to a number of other touring musicians who felt the same way, they decided to form REVERB. Lauren reached out to Bonnie Raitt’s manager, Kathy Kane after seeing Bonnie’s Green Highway tour which was an earth-friendly tour that educated fans at shows. REVERB was initially a project of Kathy and Bonnie’s ARIA Foundation until it grew into it’s own 501c3 organization.

REVERB’s early artist partners were Dave Matthews Band, Jack Johnson, Maroon 5, John Mayer and Barenaked Ladies–and continue to work with all of them to this day. Check out REVERB.ORG for more information

Let’s start by diving into the myths we have heard over the years about musicians and money. This is in no way a complete list but is in fact an ever growing one. One thing we artists have proven good at it’s making shit up!

Myths about Musicians and Money:
Unless you’re famous your broke
Musicians can't make middle classes wages
Musicians can’t get home loans
1099s are so important
Musicians can’t retire so don’t plan on it
Being a musician isn’t a sustainable life choice
Musicians can’t have healthy family lives
Only super talented become successful
Taking money for commercial work is sell out
Covering other people’s music is selling out
Writing music for money is selling out (Paul McCartney ex)
- There is no such thing as selling out, except selling out of something, like tickets or merch, which is very real. And very awesome.
musicians get no tax breaks

As a musician it’s better to not claim your income.
WRONGGGG

Since there is so much work I need to do on my music biz it’s better to just not do any

Every musician is different, no two are exactly the same, just like our fingerprints, we all have something unique. Find the place of your work you really love and grow from there. Don’t start from these places of myths.

Connect with us at: https://www.musicianstipjar.com/ or send an email to musicianstipjar@gmail.com
 

Intro & Outro Music Donated by: The Magi https://www.themagimusic.com 

Intro Read by: David “DJ” Lee of The Magi

https://soundcloud.com/rockababyrock 

Picture by: Kit Chalberg https://kitchalberg.com/

https://www.musicianstipjar.com/
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Author Chris Webb & Dave Tamkin
Organization Chris Webb & Dave Tamkin
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