Fastest Way to $7,000/Month for Music Creators
If you are a music creator dreaming of making a full-time income from your passion, you’re in the right place. In November 2022, I made just $150 from my music, but by November 2023, I had skyrocketed to $7,150 in a single month. Since then, I’ve consistently earned over $7,000 every month by monetizing my music skills and knowledge online.
In this guide, I’ll walk you through the 10-step formula that I would follow if I had to start over. By the end, you’ll have a clear roadmap to turn your music into a profitable business.
Step 1: Start With the End Goal in Mind
Before you dive in, define your destination. Ask yourself:
- How do you want to monetize your music? There are countless ways to make money, from selling beats to teaching lessons or creating digital products. Choose three to five revenue streams that best align with your skills and interests.
- How much money do you need to make? Calculate your monthly expenses and add at least 25% extra for safety. Factor in taxes to determine your real income goal.
For example, if you need $3,000 to cover expenses, add $750 (25% buffer) and another 30% for taxes, bringing your target income to around $5,000 per month.
Break this goal down into manageable income streams:
- $2,500 from online course sales (25 sales at $97 each)
- $1,500 from mixing and mastering services (three clients at $500 each)
- $1,000 from coaching sessions (10 students at $100 each)
This makes earning a full-time income from music feel much more achievable.
Step 2: Choose a Discovery Platform
To sell anything, you need an audience. The best free way to gain exposure in 2024 is through social media. However, don’t spread yourself too thin—choose one or two platforms max.
For music creators, video platforms work best. Options include:
- YouTube – Great for long-form content and building authority.
- Instagram & TikTok – Ideal for short-form content with viral potential.
If I had to start again today, I’d focus solely on YouTube. It’s easier to monetize and provides long-term growth opportunities.
Step 3: Build Your Audience
Growing an audience takes time, but consistency is key. If you feel you’re not good enough yet, document your journey as you improve. This attracts like-minded followers who resonate with your progress.
Make sure your online profiles clearly state:
- Who you are
- What you do
- Why people should follow you
Step 4: Attract the Right Audience
Your content should appeal to your ideal customer, not just random viewers. Think about who will actually pay for your music or services. For example:
- If you sell beats, target rappers and singers, not other producers.
- If you teach music production, target beginner producers who need guidance.
Align your content with their needs to build an engaged audience ready to buy.
Step 5: Learn Content Creation Skills
To succeed online, you need to master:
- Video editing
- Graphic design
- Copywriting
- Content strategy
- Social media algorithms
Study these skills through books, videos, and networking with other creators. If you want to fast-track your learning, consider joining specialized courses.
Step 6: Build Multiple Revenue Streams
Diversify your income by mixing different monetization methods. Some popular options include:
- Selling beats
- Mixing and mastering services
- Offering online courses
- Coaching and consulting
- YouTube Ad revenue
- Affiliate marketing
- Selling sample packs or digital products
Step 7: Create a Content Strategy
Your content should attract, engage, and convert your audience. Plan your content in advance, focusing on:
- Educational content (e.g., “How to Mix Vocals Like a Pro”)
- Entertaining content (e.g., studio vlogs, challenges)
- Promotional content (e.g., showcasing your products/services)
Step 8: Engage With Your Audience
Building relationships with your audience increases trust and conversions. Respond to comments, interact in DMs, and create content that encourages discussion.
Step 9: Optimize for Sales
Use calls-to-action (CTAs) in your content to drive sales. Examples:
- “Download my free sample pack here” (lead magnet for future sales)
- “Sign up for my production course” (direct monetization)
- “Book a coaching session with me” (high-ticket sales)
Step 10: Stay Consistent and Adapt
Success doesn’t happen overnight. Stick to a schedule, analyze your results, and adjust your strategy as needed. The key is to keep learning, experimenting, and refining your approach.
Following this 10-step formula, you can start making real money from your music. Whether you’re selling beats, offering services, or building an online brand, the path to $7,000/month is achievable with the right strategy and consistency.
Ready to take action? Start today and transform your passion for music into a sustainable career!