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thank you!

Thank you! Happy to hear it was helpful. Let me know if there are any topics you want me to cover. Getting ready to record some new videos over the summer.

agreed! If they take a cut at all. But they deduct all their expenses from show settlements, so COGS is totally fair game!

Exactly “or any cut at all”. At the most I think promoters/venues should just get a flat rate fee like the booth/space rental fee for fairs and festivals and conventions and the like.

that's cool to hear. What did you do for the show?

@@chrisgoyzueta I was a runner. Did many shops at many stores and restaurants through out the day for her staff.

@@angelacosta466 that's great! Being a runner is a great way to break into the industry. I've had lots of runners that are now touring with artists, running venues, etc. What do you hope to do in the industry?

@@chrisgoyzueta I’ve done production assistant and runner work so far. I want to be a production manager and do the accounting for shows.

Thanks so much for checking it out. Appreciate the comment! Doing some new episodes this summer. Let me know if there are any topics you want to learn more about.

Don't think I did. But do you want to learn more about show deals? Doing some new episodes this summer.

Heard many stories about them. Hope bands stop playing there.

Thank you! chris@ocmgmt.group

Thank you! Doing some new episodes this summer. Let me know if there are any topics you want to learn more about.

For sure! Probably in all major markets - LA (most of California), Boston, Chicago, even Miami, etc.

Thanks so much! Doing some new episodes this summer. Let me know if there are any topics you want to learn more about.

@@chrisgoyzueta will do! Just getting started being a promoter and a manager and everything's going well and everything you recommended I've already been doing!

This might be a good video idea for this Summer. You have to ultimately create value for your artist. Festivals like to see - 1. How much engagement you have on socials & spotify 2. Are you local or regional to the festival location (some support their local scene) 3. They a lot of times book smaller artists from the same agencies, labels, and management companies as their headliners - so the team makes a big impact. 4. Are you worth tickets in the area, and do you have a positive relationship with venues/promoters. 5. Do you have a relationship with the festival producers. Best plan of attack - 1. Put out good music 2. Test and run consistent ads to gain new fans 3. Build from a small venue, sell that out, patiently grow into the next size venues and don't move up until you're able to sell out the previous capacity 4. Put out consistent content 5. Be patience & be consistent over a long period of time. For some artists like the 502's, it might take 3-5 years to get on a Live Nation tour. For artists like Jelly Roll, it might take 10-15 years. There is a saying - you become an overnight success by being consistent for 10 years. Then you're "best new artist" even though you've been grinding for years. Hope this help! Got a little long in the tooth and passionate on this response. ha!

Appreciate you! Thank you! Doing some new episodes this summer. Let me know if there are any topics you want to learn more about.

Come join here! Got a great community of promtoers and lots of content. www.patreon.com/makingitacademy

Not legal advice. For educational purposes only. Make sure to hire an attorney or tax professional to get what you specifically need for your business. In general, when someone is managing an artist, they don’t need any type of license in most states in the United States. An LLC is a great layer of protection along with general liability insurance. To book shows, every state has different laws. Some may require you to be a licensed talent agent to book shows.

Many different philosophies and ways to do things. I just think if you have a good product and content, that money is spent better learning how to properly run digital ads, and sell tickets for people to come see you. Never said not to spend money on marketing. I just think there are better more productive ways to build your career. Best of luck!

@@chrisgoyzueta I run nights and use digital ads and I’m one of the best in the world you’re a top 1% advertiser in the world if you can get cpa for 8 dollars a person. So yea if a show has 1000 people paying 3-500 bucks instead of running my own show is absolutely worth it

Due to time and having a few hundred students - I currently only do coaching or you can join one of my courses. But feel free to send me a note with some more info and let's start from there - chris@ocmgmt.group

thank you! Appreciate the comment.

since this is vs. Net, it's after all expenses are paid. so in this scenario the promoter would Gross a little over $7k. But they may have expenses of their own, which is why I say "Gross"

Thanks for the question. There is no cookie cutter answer to this because as an independent you’re taking all the risk. You could lose $10k or make $10k on a show or anything in between pending how big the show is. And that’s at a 750 to 1,500 capacity range. The opportunity and loss gets much bigger the larger the venues get. If you’re working for someone - a Jr. Buyer should make $40-60k per year, club buyer $40-80k plus bonuses, Talent Buyer $75-100k plus bonuses, and senior buyer anywhere north of $100k per year plus bonuses. Just some guidelines. It all depends size of venues, number of venues, and if they’re in touring, just a region, or only a local market.

If you can get shows that venues want and they can’t or you can bring a venue volume, and run shows well, deals change very fast. I’ve received rebates or “promoter bumps,” or have given them to promoters when I was on the venue side. Very common in arenas, but definitely happens in clubs and theaters.

Thank you! Doing some new episodes this summer. Let me know if there are any topics you want to learn more about.

Hi - just replied to your email too - The guarantee is only included in the expenses in a Promoter Profit deal or also known as a Plus deal. On a versus deal, it's basically a greater than deal. Whichever is greater, the guarantee or percentage is what the artist receives. Let me know if this helps and if you have any other questions. Appreciate the comment and support!

Thanks so much!! Really appreciate this. 🙏🏽