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Ways to make money from music?

I am really looking for a way to make a little bit of cash making music, which is my complete passion. I have been taking guitar lessons since I was about 6, and have been studying music/jazz theory for YEARS. There are some things I would really love to save up for, but I can't really get a job. I am a teenager, and I don't have a car or anything I could use as transportation. I have been recording a lot lately, and I do a lot of improvisation with my Boss Digital looper and BR-800 recorder (not to mention my entire rig, which consists of many pedals on a pedal board, collection of amps, and so much more). I have invested a lot of money, time and thought into music in general, and have wanted since I was a little kid to be a musician when I grow up. There are some things I have thought of that actually kind of seem realistic. A lot of people tell me that I should go to places like farmers markets, set up and play with an open case. I have been told I could make a pretty decent pay doing that. Another thing I would love to do is start something like a youtube channel, and if I could get enough people to enjoy the music I post (Which would be a challenge and hard enough on its own), I could monetize my videos and collect revenue. But like I said, I am a teenager. Would I even legally be able to go to a place like a farmers market and play to collect money? Would I be able to collect revenue from sites like YouTube? What are the legalities of these scenarios, and what are any suggestions you might have? Making money doing something I love is great, but if I got out and really did something with music, I am know that would be really good to put on a college resume, and it would really stand out. Obviously, music is a hobby and a passion, and I am involved in it for fun, but if I could somehow make some saving money by playing, I would really be amazed. Thanks in advance!

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  • 8 years ago
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    I have no experience in your specific field of music, I produce electronic and the industry for it is much different (It is btw a good industry to enter, especially if you know theory. Most of the artists don't know theory and just end up making repetitive music, but those who do can produce truly stunning music.)

    What I do know is that YouTube is the best route. If you are capable of entertaining your audience with consistent videos, you WILL become popular. A good way to become known is by making your own covers/improvs of popular songs, then when you have a fan base make some original compositions. YouTube will not make you rich, you'd be lucky to get a few thousand a year off of ads (that's with a decent 20k+ viewers per video). What will net you some real money would be convincing your YouTube fanbase to buy your music on iTunes/BandCamp.

    Playing in public is a great way to make some extra money. If your local farmers market or flea market is somewhat busy, I wouldn't be surprised if you could make $50+ in a day.

    As for YouTube ads, you will have to use your parents/gaurdians. You have to provide information from your federal income tax papers to claim the revenue, but they won't care if the money goes through somebody else

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