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How to Save for Your Start-up Venture
If you’re trying to save money for your start-up venture, then you’re going to need to figure out ways to spend less. There are many ways that you can start saving today if you’re willing to make a few sacrifices. Take a look at some of the ways that you can save below. They should help you to come up with the money that you need over time.
Setting a Budget
Setting a budget is the first thing that you should do. You might discover that you are spending a significant amount of money on things that you don’t necessarily need. If you set a budget that just covers the essentials each month, then you should be able to stick to it while putting away some money each month. This is very basic advice, but that doesn’t make it any less useful.
Making Money on the Side
Another way to save up money for a start-up venture is to try to increase your income. Some people like to take on side jobs or “side hustles.” Whatever you want to call it is irrelevant so long as you have some way that you can make some extra cash. This could involve selling crafts online, or it could be driving for a ride-sharing service.
Sell Things
Selling things could also help you to come up with a lot of money. If you have items that you do not need any longer, then you could sell them off to come up with extra funds. Music instruments, jewelry, video games, and other items might fetch a pretty penny on the second-hand market. It’s worth looking into whether any of your unwanted items are valuable.
Save Lump Sums of Cash
Some people receive holiday bonuses or tax refunds. This could be a way for you to save a lot of cash all at once. Instead of spending this sudden influx of money, you should make the decision to place it in a savings account for the sake of your start-up venture. The money can go where you want it to go, and you’ll be one step closer to launching your start-up company.
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Emerging Trends That Could Reshape the Music Industry
The music industry has been evolving for a long time, and it always seems to take on new forms for new generations. Whether you’re talking about new genres being created or if you’re taking a look at new technologies, it’s easy to see the history of change in the music industry. There are some emerging trends that have the potential to reshape the music industry in the coming years. Keep reading to examine some of these trends that might become a very important part of the industry in the near future. 
Radio Is Going Away
Radio has been dwindling for many years and many experts assume that radio isn’t going to last for too much longer. Many young people don’t listen to the radio at all any longer. Car companies have noticed this, and many are starting to put media screens in their vehicles that will make it easier to access streaming services. Traditional radio might be just a memory before too much longer. 
Increased Streaming Service Fees
The likelihood that streaming service fees will remain low like they are now is slim. The cost of a premium streaming service will likely increase in the near future. Hopefully, this will lead to the music artists receiving more revenue. As it stands, many artists make very little money from streaming when compared to the album sales of the past. 
Streaming Services Signing Artists and Bands Directly
It’s even possible that streaming services might start signing artists and bands directly. It makes a lot of sense when you think about it. If a hot new band or rapper signs specifically to a streaming service and has all their music become exclusive to that streaming platform, then that is a reason for fans to sign up. This might become the norm in the future, and traditional labels might go away in favor of streaming platforms. 
The Album Structure Fading Away
For some artists, the current structure of creating an album might disappear. It doesn’t make as much sense for certain artists as it used to. Many artists are starting to simply release new songs to promote tours or dropping music when they have something new to share. Some artists will probably stick to the album format when they have a cohesive musical story to tell, but you’ll see fewer albums years into the future. 
New Technology Makes New Things Possible
New technology is going to allow people to enjoy music in new ways. Some people are touting the rise of virtual reality as something big for the music industry. Virtual reality concerts and augmented reality music experiences might be big in a few years. This depends on whether users adopt these technologies in large numbers, though.
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Emerging Trends That Could Reshape the Music Industry
The music industry has been evolving for a long time, and it always seems to take on new forms for new generations. Whether you’re talking about new genres being created or if you’re taking a look at new technologies, it’s easy to see the history of change in the music industry. There are some emerging trends that have the potential to reshape the music industry in the coming years. Keep reading to examine some of these trends that might become a very important part of the industry in the near future. 
Radio Is Going Away
Radio has been dwindling for many years and many experts assume that radio isn’t going to last for too much longer. Many young people don’t listen to the radio at all any longer. Car companies have noticed this, and many are starting to put media screens in their vehicles that will make it easier to access streaming services. Traditional radio might be just a memory before too much longer. 
Increased Streaming Service Fees
The likelihood that streaming service fees will remain low like they are now is slim. The cost of a premium streaming service will likely increase in the near future. Hopefully, this will lead to the music artists receiving more revenue. As it stands, many artists make very little money from streaming when compared to the album sales of the past. 
Streaming Services Signing Artists and Bands Directly
It’s even possible that streaming services might start signing artists and bands directly. It makes a lot of sense when you think about it. If a hot new band or rapper signs specifically to a streaming service and has all their music become exclusive to that streaming platform, then that is a reason for fans to sign up. This might become the norm in the future, and traditional labels might go away in favor of streaming platforms. 
The Album Structure Fading Away
For some artists, the current structure of creating an album might disappear. It doesn’t make as much sense for certain artists as it used to. Many artists are starting to simply release new songs to promote tours or dropping music when they have something new to share. Some artists will probably stick to the album format when they have a cohesive musical story to tell, but you’ll see fewer albums years into the future. 
New Technology Makes New Things Possible
New technology is going to allow people to enjoy music in new ways. Some people are touting the rise of virtual reality as something big for the music industry. Virtual reality concerts and augmented reality music experiences might be big in a few years. This depends on whether users adopt these technologies in large numbers, though.
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Does Blockchain Have a Place in the Music Industry?
It’s no secret that the music industry has gone through significant changes in the last several decades. Things have been changing ever since file-sharing services started making it tougher for artists to make money. Artists used to make a lot of money by selling records and CDs to the masses. Now the profit margins are substantially different due to the advent of streaming services. 
Many artists feel like the music industry has been taken from them. Monetizing your songs has become tougher due to the low amount of money that is paid out by streaming services. In fact, many artists simply release albums as a way to promote a live tour now. Is there any way that blockchain technology could help the music industry to empower artists and make things more profitable for everyone?
Blockchain Could Help Artists 
Blockchain has the potential to help music artists in a few important ways. They would be able to develop smart contracts that would help to create contracts with more favorable terms. Artists can also protect their rights by ensuring that the metadata of their songs will be protected. It can also facilitate the timely distribution of royalties that are due to the artists. 
Bringing Artists and Fans Together
It’s also possible that blockchain might be able to bring artists and fans closer together. Blockchain technology comes with many possibilities. One of those possibilities involves creating a type of referral program. This could help artists to connect with their fans and it gives fans the incentive to share the artist’s music. 
When fans place songs from the artists on their playlists and share songs, it’s going to bring new people into the fold. Artists can potentially set up a type of revenue sharing that will make fans want to get new people into the music. It could be a way for fans to become more connected with the artists that they are passionate about. It’s an interesting prospect that could be a unique way for blockchain to revolutionize the music industry. 
In Closing
Blockchain does potentially have a place in the music industry. Some artists, such as Imogen Heap, are exploring that potential right now. In the future, blockchain could become a big part of the music industry. Time will see whether blockchain will catch on or if it will remain little more than a curiosity.
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Does Blockchain Have a Place in the Music Industry?
It’s no secret that the music industry has gone through significant changes in the last several decades. Things have been changing ever since file-sharing services started making it tougher for artists to make money. Artists used to make a lot of money by selling records and CDs to the masses. Now the profit margins are substantially different due to the advent of streaming services. 
Many artists feel like the music industry has been taken from them. Monetizing your songs has become tougher due to the low amount of money that is paid out by streaming services. In fact, many artists simply release albums as a way to promote a live tour now. Is there any way that blockchain technology could help the music industry to empower artists and make things more profitable for everyone?
Blockchain Could Help Artists 
Blockchain has the potential to help music artists in a few important ways. They would be able to develop smart contracts that would help to create contracts with more favorable terms. Artists can also protect their rights by ensuring that the metadata of their songs will be protected. It can also facilitate the timely distribution of royalties that are due to the artists. 
Bringing Artists and Fans Together
It’s also possible that blockchain might be able to bring artists and fans closer together. Blockchain technology comes with many possibilities. One of those possibilities involves creating a type of referral program. This could help artists to connect with their fans and it gives fans the incentive to share the artist’s music. 
When fans place songs from the artists on their playlists and share songs, it’s going to bring new people into the fold. Artists can potentially set up a type of revenue sharing that will make fans want to get new people into the music. It could be a way for fans to become more connected with the artists that they are passionate about. It’s an interesting prospect that could be a unique way for blockchain to revolutionize the music industry. 
In Closing
Blockchain does potentially have a place in the music industry. Some artists, such as Imogen Heap, are exploring that potential right now. In the future, blockchain could become a big part of the music industry. Time will see whether blockchain will catch on or if it will remain little more than a curiosity.
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Factors to Consider Before Starting a Business
If you’re considering starting a business sometime soon, then it’s going to be important to take some time to think. This is not going to be a simple endeavor, and you’ll want to ensure that this is really what you want before you start investing time and money into it. Take a look at the following factors that you need to consider before starting a business. It’ll make it easier for you to determine if this is the proper path for you to take.
Running a Business Is Difficult
Running a business is difficult, and it isn’t something that everyone is cut out to do. If you aren’t ready to put in a lot of work on a daily basis, then running a business might be too tough for you. If you’re ready for a challenge and you’re passionate about your business idea, then this could work out great. It’s just important to acknowledge that starting a business is hard.
The Financial Aspect
Starting a business is going to cost you money. If you have your own money to invest in the business, then you’ll be taking a significant risk. If you need to finance the business using a lender, then you’ll have to pitch your idea to the lender in order to secure the necessary funds. Be ready to handle this and understand that it will also likely take time for your business to become profitable.
Having a Clear Plan
Having a clear plan for what you want to accomplish with your business is necessary. Taking the time to develop a business plan will help to inform your successes. Trying to muddle your way through the initial phases of launching a business without a good plan in place would be folly. Make sure that you take the time to come up with a sound plan.
Promoting a Business
Promoting a business can be difficult at times as well. You’re going to need to market your new business to potential customers. This will involve running advertisements, building a website, connecting with potential customers on social media, and so much more. It can be a lot to have to deal with, and you need to develop a promotional strategy early on.
Sacrificing Personal Time
Sacrificing personal time is going to be necessary when you’re trying to launch a business. This is not going to be something that you will be able to do half-heartedly. You’re going to be pouring many hours into this business, and it might take away from your personal life quite a bit in the early years. If you aren’t prepared to make this commitment, then you might be better off not starting a business.
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Helpful Subscriptions for Entrepreneurs
Entrepreneurs need to be able to save time whenever they can. There are actually some beneficial subscription services that will help entrepreneurs out quite a bit. Take a bit of time to read about the helpful subscriptions for entrepreneurs below. You might find that one or several of these subscriptions will be perfect for your situation.
Care/of
This subscription service is about making sure that you are getting the vitamins you need. Entrepreneurs often burn the midnight oil, and you need the energy to be able to make it through long nights at work. You’ll be able to get the vitamins that will keep you feeling energized without it being a hassle.
Sun Basket
Sun Basket is great because it makes it easier for you to eat healthily. You won’t always have the time to whip up a healthy meal from scratch. This service has plans for many different types of diets, and you’ll be able to enjoy delicious foods. If you’re at all concerned about your nutrition, then this subscription is worth checking out.
Trunk Club
Do you have a tough time picking out clothes for a professional event? If so, then Trunk Club has you covered. This will help you to find a stylist, and you’ll also be sent stylish clothes that will look amazing on you. It makes it easier to look your best at important events.
Dollar Shave Club
Everyone needs to shave, and Dollar Shave Club makes it easier to ensure that you will always have razors. They also sell grooming products that work superbly. Your razors will be shipped to your location frequently, and it’s all very cost-effective. It’s a convenient subscription service everyone should make use of.
Quip
Finally, you’ll want to consider making use of Quip to take care of your oral hygiene needs. You’ll be able to get new electric brush heads for your electric toothbrush very easily. If you are concerned about your teeth, then taking care of them with Quip is recommended. It’s a good service that provides you with top-quality products.
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How AI and New Startups Will Affect the Music Industry
The music industry is something that continues to evolve over time. It is an industry that has been in a constant state of change for years now. The advent of file-sharing networks changed music and made it easier for people to gain access to songs. Presently, music streaming services have made it easier than ever to simply enjoy music without having to worry about paying too much money for the privilege. 
As we move towards the future, it’s important to understand that new technologies are going to have a similarly game-changing impact. The rise of AI is going to play a role that will change the way that people consume music. New startups might also have an impact on the music industry as a whole. Read on to look into this topic further. 
New Startups
New startups have the potential to change the music industry by looking at music from a different perspective. These new businesses might look at music in a different way than others currently are. For example, there might be companies that will explore the relationship between augmented reality and music. This could provide a new experience for listeners that is unique to what the current streaming services are providing. 
Music is something that is important to humanity, and it isn’t something that should be looked at from only one perspective. These new startups are going to try to innovate and riff off of the current streaming model that is seeing so much success. This could mean new types of streaming content, such as virtual reality concert experiences. Time will tell just how much new startup companies with bold ideas will impact the music industry. 
AI Changes the Game
AI is changing the game for much more than just the music industry. The potential for AI to change the lives of humanity in all sectors is there. When it comes to the music industry, AI will make it easier for people to find the music that they love. An AI will be able to easily find music to suggest to people based on the choices that they make when listening right now. 
The current algorithm-based music suggestions on music streaming services will be improved thanks to AI becoming more powerful. Also, AI has the potential to help artists manage their content by becoming a virtual manager of sorts. The sky’s the limit for AI applications in the music industry. It’s going to play a role on the consumer side of the spectrum, and it will also be useful for artists and labels.
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How AI and New Startups Will Affect the Music Industry
The music industry is something that continues to evolve over time. It is an industry that has been in a constant state of change for years now. The advent of file-sharing networks changed music and made it easier for people to gain access to songs. Presently, music streaming services have made it easier than ever to simply enjoy music without having to worry about paying too much money for the privilege. 
As we move towards the future, it’s important to understand that new technologies are going to have a similarly game-changing impact. The rise of AI is going to play a role that will change the way that people consume music. New startups might also have an impact on the music industry as a whole. Read on to look into this topic further. 
New Startups
New startups have the potential to change the music industry by looking at music from a different perspective. These new businesses might look at music in a different way than others currently are. For example, there might be companies that will explore the relationship between augmented reality and music. This could provide a new experience for listeners that is unique to what the current streaming services are providing. 
Music is something that is important to humanity, and it isn’t something that should be looked at from only one perspective. These new startups are going to try to innovate and riff off of the current streaming model that is seeing so much success. This could mean new types of streaming content, such as virtual reality concert experiences. Time will tell just how much new startup companies with bold ideas will impact the music industry. 
AI Changes the Game
AI is changing the game for much more than just the music industry. The potential for AI to change the lives of humanity in all sectors is there. When it comes to the music industry, AI will make it easier for people to find the music that they love. An AI will be able to easily find music to suggest to people based on the choices that they make when listening right now. 
The current algorithm-based music suggestions on music streaming services will be improved thanks to AI becoming more powerful. Also, AI has the potential to help artists manage their content by becoming a virtual manager of sorts. The sky’s the limit for AI applications in the music industry. It’s going to play a role on the consumer side of the spectrum, and it will also be useful for artists and labels.
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Meaningful Skills That All Entrepreneurs Should Possess (or Pursue)
Becoming successful as an entrepreneur might not be easy, but it’s possible when you’re willing to put in the work. It’s also going to be helpful to ensure that you possess certain meaningful skills. Take a look at the skills that all entrepreneurs should possess or pursue listed below. These skills are all very useful for entrepreneurs, and you’ll be able to develop the skills over time with a bit of effort.
Great Communication
Communication is one of the most important aspects of being an entrepreneur. There are so many people that you need to be able to communicate with. You need to be able to speak with employees, and it’s also essential to be able to deliver the right messaging to your customers. You should strive to become an excellent communicator over time.
Good Finance Management Skills
You should try your best to work on your financial management skills as well. Being able to successfully manage your finances is crucial when you’re trying to keep your business going. You need to know how much to save while also determining when to invest money back into the business. If you’re someone who usually spends a lot of money on frivolous things, then you’ll need to break that habit to become a successful entrepreneur.
Marketing Skills
Marketing your business to the people you’re trying to draw in really matters. If you have a good mind for marketing, you will have an easier time getting new customers in the door. A lot goes into marketing a business, and you’ll want to look into things from all perspectives. If you have the skills to handle a significant chunk of the marketing yourself, then that’s going to be great for your business.
Managing Time Effectively
Managing time effectively is another important skill that you should work on. Some people struggle to get everything accomplished when they are just getting started. You need to work efficiently while understanding how to schedule things to maximize your ability to get things done. Good time management is going to improve your business substantially.
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How Streaming Changed the Music Industry (and What’s Next)
The music industry has gone through many changes over the years. Recently, the rise of music streaming services has changed the way that people consume music. For the most part, people don’t go out to buy albums any longer. Instead, they pay for monthly subscription services to music streaming platforms and are then able to listen to whatever music they want to at any time. 
This drastic change from the model of purchasing individual albums or songs has altered the music industry. If you’re curious about just how much streaming has changed the music industry, then you should keep reading to learn more. You’ll also be able to examine a little bit about what might be next. 
Selling Music Is Different Now
Selling music is significantly different now than it was just ten years ago. People still bought CDs and MP3 albums earlier in the 2010s. Although there are still people who prefer to purchase their music outright, the masses have largely turned to streaming services. These subscription models have led to industry growth overall, but this might not be great for music artists in every way. 
The amount of money that an artist earns from a music streaming application is relatively low. When compared to the money that artists used to earn from music sales, it might not be great for everyone. Even so, the potential is there to make money from music streaming apps. It’s just different than it used to be, and artists are adapting to this new model.
Standing Out Is Becoming Tough
Standing out as a musical act is becoming tougher due to how easy it is to put your music out there. Indie artists and bands have an easier time than ever when it comes to simply making music available. It’s still tough to build a name and become popular in the music world, though. Being a standout artist or band is still going to take real talent, and you’re now competing with thousands of artists or bands from the same genre on the same streaming services. 
Augmented Reality Might Be the Future
Some experts think that augmented reality might be the future of the music industry. Augmented reality makes use of technology to put a listener in a certain experience. Images can be projected that will make the listener feel as if they are somewhere else or as if something else is in the room with them. This could be used to provide unique experiences that will accompany songs, and it could change the industry as a whole. 
Virtual Reality Concerts
It should also be noted that virtual reality concerts are likely to become a big deal in the future. VR technology is seeing some use in the video game world currently and the technology is continuing to evolve. This could make it more practical for people to experience concerts without having to pay for expensive tickets or needing to travel to a big city. The potential for VR concerts will be huge if VR technology starts to become more widespread in the decades to come.
The post How Streaming Changed the Music Industry (and What’s Next) first appeared on Montressa Lavell Cunningham. from Montressa Lavell Cunningham https://ift.tt/3btuhmq via IFTTT
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How Streaming Changed the Music Industry (and What’s Next)
The music industry has gone through many changes over the years. Recently, the rise of music streaming services has changed the way that people consume music. For the most part, people don’t go out to buy albums any longer. Instead, they pay for monthly subscription services to music streaming platforms and are then able to listen to whatever music they want to at any time. 
This drastic change from the model of purchasing individual albums or songs has altered the music industry. If you’re curious about just how much streaming has changed the music industry, then you should keep reading to learn more. You’ll also be able to examine a little bit about what might be next. 
Selling Music Is Different Now
Selling music is significantly different now than it was just ten years ago. People still bought CDs and MP3 albums earlier in the 2010s. Although there are still people who prefer to purchase their music outright, the masses have largely turned to streaming services. These subscription models have led to industry growth overall, but this might not be great for music artists in every way. 
The amount of money that an artist earns from a music streaming application is relatively low. When compared to the money that artists used to earn from music sales, it might not be great for everyone. Even so, the potential is there to make money from music streaming apps. It’s just different than it used to be, and artists are adapting to this new model.
Standing Out Is Becoming Tough
Standing out as a musical act is becoming tougher due to how easy it is to put your music out there. Indie artists and bands have an easier time than ever when it comes to simply making music available. It’s still tough to build a name and become popular in the music world, though. Being a standout artist or band is still going to take real talent, and you’re now competing with thousands of artists or bands from the same genre on the same streaming services. 
Augmented Reality Might Be the Future
Some experts think that augmented reality might be the future of the music industry. Augmented reality makes use of technology to put a listener in a certain experience. Images can be projected that will make the listener feel as if they are somewhere else or as if something else is in the room with them. This could be used to provide unique experiences that will accompany songs, and it could change the industry as a whole. 
Virtual Reality Concerts
It should also be noted that virtual reality concerts are likely to become a big deal in the future. VR technology is seeing some use in the video game world currently and the technology is continuing to evolve. This could make it more practical for people to experience concerts without having to pay for expensive tickets or needing to travel to a big city. The potential for VR concerts will be huge if VR technology starts to become more widespread in the decades to come.
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