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    How to Make It in the New Music Business by Ari Herstand Summary

    How to Make It in the New Music Business
    Ari Herstand
    4.4 (904 Reviews)
    BusinessCareerEntrepreneurship
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    Overview of How to Make It in the New Music Business

    In a music industry transformed by streaming, Ari Herstand delivers the ultimate DIY blueprint. Rated 4.7/5 by professionals, this guide empowers independent artists with the 50/50 Split concept. Want to avoid band breakups while building sustainable success? This is your roadmap.

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    "I never knew where to start with nonfiction—BeFreed’s book lists turned into podcasts gave me a clear path."

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    "Perfect balance between learning and entertainment. Finished ‘Thinking, Fast and Slow’ on my commute this week."

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    "Crazy how much I learned while walking the dog. BeFreed = small habits → big gains."

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    "Reading used to feel like a chore. Now it’s just part of my lifestyle."

    @Erin, Investment Banking Associate , NYC
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    "Feels effortless compared to reading. I’ve finished 6 books this month already."

    @djmikemoore
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    "BeFreed turned my guilty doomscrolling into something that feels productive and inspiring."

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    "Makes me feel smarter every time before going to work"

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    Elon MuskCharlie KirkBill GatesSteve JobsAndrew HubermanJoe RoganJordan Peterson
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    ManagementAmerican HistoryWarTradingStoicismAnxietySex
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    2025 Best Non Fiction Books2024 Best Non Fiction Books2023 Best Non Fiction Books
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    Chimamanda Ngozi AdichieGeorge OrwellO. J. SimpsonBarbara O'NeillWinston ChurchillCharlie Kirk
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    Points clés

    1

    The New Music Business: Where DIY Artists Thrive

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    The music industry has undergone a seismic shift. Gone are the days when success depended on being "discovered" by a suit-wearing executive. Today, DIY artists earn over $1.5 billion annually from recorded music alone, with 16,500+ musicians making $50,000+ just from Spotify. Artists like Ingrid Michaelson, Amanda Palmer, and Chance the Rapper have built thriving careers without traditional labels. Success now comes from understanding the business, mastering multiple revenue streams, and building sustainability. But what does "making it" actually mean? True success isn't about reaching Beyonce-level fame - it's about using your creative talents to pay all your bills. Just as we don't consider local coffee shops "failures" because they aren't Starbucks, musicians shouldn't view themselves as unsuccessful simply because they haven't achieved superstardom. The sobering reality? Over 98% of major label signees fail commercially, and today's labels prefer signing artists who've already built substantial followings rather than developing unknown talent.

    2

    The 50/50 Rule: Balancing Art and Business

    3

    Building Your Modern Music Team and Studio

    4

    Release Strategy and Artist Identity

    5

    Building a Loyal Fanbase Through Engagement

    6

    Developing Multiple Revenue Streams

    7

    Your Path Forward in the Digital Music Era