At it's HEIGHT in 2020, Shut Down Music (my music-for-media agency)
Had 8 employees, 50+ artists, & made $600K+
We went from $200K in 2019 to $600K in JUST a year
Won 2 industry awards (LA Emmy & Mark Award), had our music in 1000s of TV shows, movies, video games, & ads
How did I build Shut Down Music to a powerhouse?
Why were people in the industry calling me a legend at just 21 yrs old?
How did I make over $1M in the MUSIC INDUSTRY?? Which is notorious for being hard to make money in
HERE are the 5 secret strategies I used
Keep reading
STRATEGY 1 - BUILT SYSTEMS
Flashback to April 2019
Shut Down Music was the definition of a SMALL BUSINESS
Me & 1 employee (Anna, from Russia) managed the whole thing
I paid her $600 a month
We had NO systems. it was wild
Didn't even know when she clocked in & out of work
1 (PT 2)
May 2019 comes around
I decide FUCK IT. I've had enough
Decided to invest in SYSTEMS
Hopped on
https://t.co/9E3tulpqbj & started building
Next 6 months I worked relentlessly to build systems for
project management, artist management, team/client communication, etc
1 (PT 3)
Every system I created was structured like this:
1) What, when, why: background on what the system is, when it's executed, and how it fits into the big picture
2) Step-by-step: the incredibly detailed process
1 (PT 4)
3) Video run-through: screen-recorded video of me going through the system and explaining my thought process
4) Resources: all external pages you need access to while executing the system
Check out a pic of one of our Systems 👇
STRATEGY 2 - INVESTED IN LABOR
I also let go of Anna in May 2019
Went through tough times & I told her things needed to change
The Last straw? she literally Didn't answer the phone for 2 days
Then told me she "took a train to Moscow & there was no WiFi"
Fired her on the spot
2 (PT 2)
So glad I fired her
Because then I decided to INVEST in labor
Hired 2 Americans with 14 yrs combined industry experience
& a top-notch Admin assistant from
https://t.co/q88s6kkXk7 Things finally started to turn around
STRATEGY 3 - FOCUSED ON PRODUCT
What separated Shut Down Music from everyone else?
We created the BEST music in the game
How?
1) Our A&R system found us the best producers/rappers/singers
2) Every song we made I executive produced & went thru DEEP revisions
3 (PT 2)
Easy to get clients when ur product is just THAT much better
IRRESISTIBLE OFFER
Watch video below on HOW I executive produced our songs and why they were so much better
STRATEGY 4 - GREAT CLIENT RELATIONS
I made it a POINT
For my team & I
to be super Nice, warm, high-energy & communicative with our clients
Make it easy fucking peezy to work with us
4 (PT 2)
When a musician compromised our relationship with a client?
(Didn't want to sign a contract, turned music in after deadline etc)
We CUT THEM OFF right away. no questions asked. we're done.
Hold your client relationships CLOSE & DEAR TO YOUR HEART
STRATEGY 5 - BUILT A MOAT
What does building a moat mean?
it means creating 4-5+ competitive advantages in ur biz
That no one else can TOUCH
Creates a huge separation between you & your competition
5 (PT 2)
Some of our Competitive Advantages were:
1) SYSTEMS - music is known as a wild industry. almost no one has exceptional systems like we did
2) PRODUCT - our product was just so much better than everyone else's, no one could touch us
5 (PT 3)
3) TEAM - made it a focus to build a warm, loving, critical-thinking team
4) YOUTH - everyone else in the industry was OLD. we were forward-thinking & had our ears to the streets, everyone at SDM was under 30
I dismantled Shut Down Music in November 2020
Cool thing is
I'll still be receiving $25-35K royalty checks 4 times a year for next 5 yrs before it starts to dip
Solid perk of building up my music agency
Peep the Shut Down Music instagram below
https://t.co/6AcA6qPIQz
So.
I used those 5 strategies to make Shut Down Music into
an award-winning, money-printing empire
Now? I tweet about how to do the Same with YOUR business
Follow me
@THETYFRANKEL to learn
Hard NOT to go from $0 to $10K/month with JUST my tweet below
https://t.co/7WaF8qCo8C
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https://t.co/CP4zyKzGLT
Idk why it didn't post this
Watch this video on our workflow & why we were so successful...
Give top tweet a like if this helped you in any way 🤝