Being that I am a vocal artist and a graduate student as well, I have been faced with every aspect of artist management, because I have to manage school and myself as an artist. I have been faced with planning budgeting, and execution as an independent artist. During the time of rest between the scheduling of show events, I am constantly writing music for the actual song that I am performing. I have a budget in which I have to control that aids in financial assistance for my wardrobe attire, costs of registry itself, and tickets for promotion of my events. I am still currently learning new approaches to the music entertainment business by pursuing a degree in my field of expertise.
I am now a promoter for Chakra Ultralounge in Orlando, Fl. I noticed that promotion is the most important part of the entertaiment business.There are times when I find out that a show is cancelled or held over because not enough promotion was done for the event itself. Countless situations have occurred considering financial costs, and not being able to meet the budget. For example, I have $200.00 for my budget cost and I have to pay $150.00 for registry of the show. The registry costs include 30 tickets. For, instance if tickets are priced at $5 dollars each and I only sell 20 of 30 tickets, I only made $100.00 in profit, which means I end up only paying $50.00 for the total cost of the event. If I had a budget of $400.00 or more per show or event, I would have a more secure financial budget to work with for extra costs of events and promotions.
I am now a promoter for Chakra Ultralounge in Orlando, Fl. I noticed that promotion is the most important part of the entertaiment business.There are times when I find out that a show is cancelled or held over because not enough promotion was done for the event itself. Countless situations have occurred considering financial costs, and not being able to meet the budget. For example, I have $200.00 for my budget cost and I have to pay $150.00 for registry of the show. The registry costs include 30 tickets. For, instance if tickets are priced at $5 dollars each and I only sell 20 of 30 tickets, I only made $100.00 in profit, which means I end up only paying $50.00 for the total cost of the event. If I had a budget of $400.00 or more per show or event, I would have a more secure financial budget to work with for extra costs of events and promotions.
During the promotion of events, I have found that social networking is the easiest and cheapest way of promoting yourself and sending out invites for my own performance events. Free promotional assistance with the planning and implementation of events really cuts down the financial budgeting because promotion is considered to be inclusive in the event of planning to perform at local shows here in Orlando, Florida. Alex Braggs is a really good friend of mines who is an entertainment business entrepreneur /artists developer out of Orlando, Florida. He gives great advice and is very helpful with the promotion of my events as an independent artist. If you are interested in becoming an entrepreneur of business entertainment or you can use help with some promotional services contact Nicole McFadden at (708)-595-7446.
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