How Can I Make More Money With My Music And Skills? 50 Ways!

entrepreneurship indie artists making money monetization small business Sep 25, 2024

*Updated 9/25/24*

Before becoming established in the industry, making money from your music can be one of the toughest challenges for many independent artists, songwriters, producers, and composers. We've created a list of 50 ways to help you earn more with your music - and skills. Whether you’re just getting started, or have been in the music industry for a long time, this list is full of ideas that might inspire you and help you find new ways to make income as your career grows.

    1. Music Licensing (or “Sync”) - One cool way to make money is by letting TV shows, movies, ads, or video games use your songs. This is called licensing your music. It's like renting out your song for someone else to use in their project. To help you get started with this, you can get our quick start guide called "The Basics of Sync" by 2Indie. This resource will teach you what sync is and how it can benefit you!
    2. Streaming Royalties - If you aren’t releasing your music on Spotify, Apple Music, YouTube Music, and Amazon Music, you are missing out on potential revenue streams through mechanical royalties.
    3. Live Performances - Another great way to start making more money with your music is by playing out! Typically, this works by you booking a club or other venue, and then the venue charges a cover at the door. After the show, you’ll get a cut of the money that your audience pays. Alternatively, you could have a friend pass a tip jar around to the people in the venue so they can support you with individual contributions. And don’t forget to bring your merch and physical copies of your music to sell (more on those later).
    4. House Concerts - Performing at home concerts can be a cozy and lucrative way for indie musicians to earn money. Here, fans pay to have you play music in their living room or backyard. It's intimate, making it special for both you and your fans. You can charge per ticket or have a fixed fee, and since it's small-scale, there's less overhead cost. Plus, it builds a personal connection with your audience, which can lead to more fans and gigs.
    5. Performance Royalties - Joining a Performance Rights Organization (PRO) like ASCAP, BMI, or SESAC is a smart way for indie musicians to earn money from their music. Here’s how it works: every time your song is played publicly, like on the radio, in a bar, or in a TV show, you get paid a small royalty. The PRO tracks these performances and collects the money for you. It’s like having a team that ensures you get paid for your music whenever it's played out there in the world.
    6. Busking - Busking, or street performing, is a cool way to earn cash by playing music in public places. Here's what you need to know:
      1. Location: In some cities, you can just start playing without any special permission, but others require you to get a busker's permit or sign up for a specific spot and time.
      2. Rules: Always check the local rules. Some places let you use speakers (P.A. systems), but in others, it's illegal, and you could get fined.
      3. What to Play: Playing well-known songs can grab people's attention quickly. This makes them more likely to stop and listen, or even tip you. 
    7. Physical Copies - Don’t sleep on CDs, vinyl, and audio cassettes - YES cassettes! Even though most everyone listens to music through some type of digital streaming, there are still a lot of people who love the nostalgia of past audio formats. Some may buy them just as collector’s items, while there’s still a devoted fan base that buys and uses record players, old-school boomboxes, CD-changers, etc.   
    8. Merchandise - Let’s talk about other branded physical items you can sell. Popular merch options include tees, hoodies, hats, stickers, pins, patches, bags, keychains, plushies, mugs, koozies, postcards, prints, and posters. Think outside the box on this too, perhaps your best-selling merch is gonna be a unique item relating to your most popular song!
    9. Email List - This is the simplest way of creating a fan club; collecting the email addresses of your fans at shows and online. You can then email them about new music, upcoming shows, or special offers. It’s not a way of making money directly, but it’s a powerful marketing tool that you can leverage to sell tickets, merchandise, digital downloads, and other things. Plus, you can ask for donations or pre-sales for new projects. It's personal and direct, making it easy for true fans to support your music career.
    10. Digital Downloads - You might think that it’s no longer possible to charge for mp3s or streaming versions of your songs, EPs, or albums, but there are platforms like Bandcamp that still allow you to set your own price on these kinds of access to your music. 
    11. Crowdfunding - This is a great way to get money for your music projects. Websites like Kickstarter, IndieGoGo, and GoFundMe help you collect funds by letting people donate or invest in your project. You can set up a campaign pretty easily, but remember, some sites won't give you the money unless you meet your fundraising goal.
    12. Songwriting - With the right talent and connections, writing songs can be a goldmine. You don't just make money when you perform them (through performance royalties), but you can also sell or license your songs to other artists, TV shows, movies, or commercials. Each time your song is used or played, you earn royalties. Plus, if your song becomes popular, you could earn money for years to come without lifting a finger – all because you wrote a truly catchy tune or heartfelt lyric.
    13. Producing - Many artists struggle to find a good producer to hire. Have you ever thought of becoming a producer yourself? As long as people want to record songs, there will always be a demand for capable producers. You can start with free and low-budget projects to build up a good reel and then go from there with it.
    14. Session Work - Studio session work is a fantastic way for indie musicians to earn money. This means you get paid to play instruments on the recordings of other artists or bands. You don't need to be famous to do this! Many producers and studios simply need talented players to help create music. Just make sure you're reliable and punctual, as professionals expect you to be ready to work when you're hired.
    15. Fan Clubs - Starting a fan club can be a fantastic way to make money. Fans pay a membership fee to join, and in return, they get exclusive content like behind-the-scenes videos, VIP access to tickets, or special merchandise. It's a way to offer more personal interaction and rewards for your most dedicated fans. Plus, it helps you build a community around your music, making your fanbase even stronger.
    16. Fan Subscriptions - Services like Patreon are awesome for indie musicians to earn a steady income. Here's how it works: fans pay you a small amount each month, and in return, you give them exclusive content or perks, like early access to new songs, behind-the-scenes videos, or personal shoutouts. It's like having a bunch of mini-patrons who support your music career regularly, helping you make music without worrying about finances. Keep your supporters happy with regular updates and rewarding content.
    17. Livestreaming - Platforms like Twitch or YouTube can be a fun way for indie musicians to make money. You regularly perform live online or host a live podcast, and viewers can tip you or subscribe to your channel, which gives you a regular income. You can also earn from ads if enough people watch your streams. Plus, it's a great way to connect with fans, get instant feedback, and grow your audience while doing what you love – geeking out about music!
    18. Music Blogging - Writing a music blog can earn you money as well. You share your thoughts on music, review albums, or write about the local scene, and over time you can make money through direct subscriptions (using a platform like Substack), ads on your site, sponsored posts, or affiliate links where you earn a cut when people buy things you recommend. It's a way to express your takes on the music world, connect with fans, and potentially earn from your passion for music. Just keep posting regularly to keep your readers coming back!
    19. Corporate Events - Playing at corporate events like company parties, product launches, or conferences is a great way for indie musicians to make money. Companies often pay well for live music because it makes their events more fun and memorable. You perform your music, sometimes tailored to their theme, and get paid for your time. It's a chance to showcase your talent to a new audience who might not typically listen to indie music, and sometimes you can even network with people who might help your music career further.
    20. Playlisting - Becoming a playlister, where you curate playlists on platforms like Spotify or Apple Music, can be a cool way to make money. Companies or artists pay you to include their music in your playlists because it helps their songs get more listeners. If you have a popular playlist, you can also earn from ads or by getting sponsored by brands. Plus, it's a way to share your music taste with others while making a bit of cash.
    21. Teaching - Teaching music can be a steady way for indie musicians to earn money. You can give lessons on your instrument or teach songwriting, music theory, or production. You might teach one-on-one, in a group, or even online. You can either work for an educational institution or start your own teaching business. It's not just about making money though; you also pass on your skills and knowledge, which can be incredibly rewarding. Plus, teaching helps you understand music better yourself and can connect you with students who might become your future fans or even bandmates.
    22. Beat Leasing & Selling - Leasing and selling beats can be a cool way for indie musicians to make money, especially if you're good at making instrumentals. When you lease a beat, you allow rappers or singers to use it for a fee, often for a limited number of streams or copies. If you sell a beat, they buy the full rights. This means each time someone wants your music track for their song, they will pay you either a little bit - or a lot. The income you create from this can help you fund your own music projects.
    23. Private Events - Performing at private events like weddings or kids' parties is a fun way for indie musicians to make money. You get paid to play your music for a specific group of people, often for special occasions where they want live music to make it extra memorable. These gigs can pay well because people are usually willing to spend more for a unique experience. You can add a personal touch by playing requests or themed songs, which can lead to more bookings through word-of-mouth.
    24. Podcasting - If you like to talk a lot, then podcasting could be a great music-related hustle. On your show, you can talk about the local music scene, interview other artists, discuss hot topics in the industry, or dive deep into your own tracks. You can earn money through ads, where companies pay to have their commercials played during your show, or through sponsorships where brands more generally support your podcast. Plus, if you have a big enough audience, you might get paid for exclusive content or memberships where fans pay to hear extra episodes or get special perks. It's like running your own radio show but only for music and topics you love.
    25. Custom Composing - Custom composing, or making music for specific needs, is a great way for indie musicians to make money. This could be for videos, ads, games, or even someone's personal project. In sync, these types of projects are called “bespoke” work. You get paid to create a unique piece of music that fits exactly what the client wants. Since your music is tailored just for them, they often pay well for this service. Plus, it's not just about the money; it's also about building a portfolio that shows you can handle diverse projects, which can lead to more and bigger opportunities.
    26. YouTube Channel - Monetizing a YouTube channel can be a fantastic way for indie musicians to make money. You upload videos of your music, covers, tutorials, or behind-the-scenes content. Once your channel grows, YouTube pays you for ads shown on your videos. You can also earn through sponsorships, where brands pay you to talk about their products, or through Super Chat where fans can pay to have their messages highlighted during live streams. Plus, you can sell merchandise or offer channel memberships for exclusive perks, turning your passion for music into a sustainable income.
    27. Sample Packs / MIDI Packs - Creating and selling sample packs or MIDI packs can be an awesome way for indie musicians to make money. Sample packs are collections of sounds, loops, or beats that other musicians buy to use in their own music. MIDI packs are like templates for melodies or rhythms that producers can customize. By selling these, you help other artists create music faster, and in return, you earn money each time someone buys your pack. It's like sharing your musical building blocks with others, making money from your creativity without playing a single note live.
    28. Subscription Boxes - Starting a subscription box service can be a fun and unique way for indie musicians to make money. Each month, fans pay to receive a box filled with exclusive items like vinyl, limited edition merchandise, personal notes, or even unreleased music. It’s like a monthly fan club package where subscribers get surprises that they can't find anywhere else. This not only ensures a steady income but also builds a loyal fanbase, as subscribers feel more connected and invested in your music career.
    29. Cover Shows - Doing cover shows can be a fun and profitable way for indie musicians to make money. This means you perform songs by popular artists or bands that everyone knows and loves. Since people already enjoy these songs, they're more likely to come to your shows, buy tickets, and tip you. Bars love cover bands because they help pack the place. Most of the time it’s a less risky way for them to attract an audience because you're playing familiar hits. You can add your own twist to the covers, making them unique while still catering to the crowd's tastes.
    30. Live Sound Engineer - Being a live show engineer can be a fantastic way for indie musicians to make money. This job involves setting up and managing the sound at live music events, ensuring everything sounds great for both the performers and the audience. You work with bands or solo artists, adjusting sound levels, microphone placements, and sometimes even lighting. It's technical work, but it pays well because every live show needs a good sound. Plus, it keeps you in the music scene, networking with other musicians, which could lead to more opportunities in your own music career.
    31. DJ - Being a DJ can be a super fun and profitable way for indie musicians to make money. As a DJ, you play music at events like parties, clubs, or weddings, mixing songs to keep the crowd dancing and having a good time. You get paid for each gig, sometimes even for how long you play. Plus, while DJing, you can sneak in your own tracks or promote your music, which can help grow your fanbase. It's like being the musical life of the party, and it's a great way to earn while you spin tunes.
    32. Photographer - Being a photographer can be a fantastic way for indie musicians to make money, especially if you're good at capturing live music moments or taking artistic shots. Bands, labels, and venues often need photos for posters, album covers, or social media. You can sell these photos or get paid for each shoot. Plus, being a music photographer lets you network with musicians, potentially leading to gigs for your own music. It's like turning your eye for detail and love for music into a money-making skill.
    33. Content Creator - Becoming a social media content creator can be an amazing way for indie musicians to make money. You create videos, posts, or stories about your music, behind-the-scenes content, or even daily life, building a following. Brands might pay you to promote their products, or you could earn from ads if your channel grows big enough. Plus, you can sell merchandise or offer exclusive content through paid memberships. It's like being your own TV star but on platforms like YouTube, Instagram, or TikTok, where you connect with fans and make money from your creativity.
    34. Sponsorships - Indie musicians can make bank with sponsorships. Imagine brands paying you to feature in your music videos, or sponsoring your live events. You could even create joint venture products with brands or get funding and tour support for your next album. It's about partnering up, where both your music and the brand gain exposure - making it a win-win proposition. This gets easier to negotiate (and works better) the bigger your following is.
    35. Music Therapy - Instead of just playing gigs or selling songs, you can use your music to help people feel better mentally. You might create special songs for someone's therapy, lead music activities in groups, or play at places where people go for healing. As more people know about your work, you get more chances to help and earn money. It's like being a superhero with music, making a difference one note at a time.
    36. Promoting/Organizing Live Shows or Festivals - Organizing or promoting shows is a cool way for indie musicians to make money. Instead of keeping all the spotlight on yourself, you can set up concerts or events where other bands play too. You earn cash by selling tickets or getting sponsors. The more shows you organize or promote, the more you learn and the more money you can make. It's like being the boss of your own music party, where you invite friends, make new fans, and everyone has a good time while you earn.
    37. Recording Engineer - Working as a recording engineer in a studio is a solid way for indie musicians to earn cash. You help other musicians record their songs, under the guidance of a producer. You handle the sound equipment, mix tracks, and make music sound awesome. Depending on the working situation, you may get a lot of creative freedom and input on songs. The more experience and credits you get, the more money you can make. It's like being the behind-the-scenes hero who makes every song sound great, turning your music-making skills into a steady job.
    38. Copywriter - Writing catchy words for artists and bands is a smart way for indie musicians to make money. Writing descriptions, bios, or social media posts for other musicians can be a killer side hustle. You get paid for making their words sound cool and interesting. The better you get at writing, the more bands want your help and the more money you can earn. It's like being the wordsmith behind the music, helping artists shine with your writing.
    39. Lyricist - Plenty of musicians are great with melody and structure but terrible with words! Writing lyrics for songs is a cool way for indie musicians to earn cash. Instead of performing, you can craft the words other musicians sing. You get paid for your words, which become part of their songs. The more catchy and unique your lyrics are, the more artists will want you in their writing sessions, leading to more money. It can lead to a publishing deal which can make or at least support your living expenses. 
    40. Coaching - Being a coach in the music business is a solid way for indie musicians to earn money. It can be fun and rewarding to teach other musicians how to succeed in the industry. A lot of times coaches will pick one niche they are the best at helping people out in. Things like showing them how to get gigs, write better songs, make deals, or grow their fan base. The more you help others, the more they may be willing to pay for your advice. 
    41. Videographer - Being a videographer offers indie musicians a visually appealing way to make money. You can film music videos or live shows for other artists. They pay you to make their music look cool on video. You also would typically edit the videos yourself or hire an outside contractor (maybe someone on Fiverr) to do it for you. The more videos you create, the more you learn and earn. It's about using your camera skills to help bands get noticed, mixing your love for music with making impactful media.
    42. Artist Manager - Being an artist manager can earn indie musicians money. Instead of just playing music, you can guide other musicians' careers. This means helping them find gigs, make deals, and grow their fanbase. You get paid for making their music journey successful. As their manager, you typically take a cut of the income they make. The better you manage, the more success your artist roster has, and the more cash you make. With this, you are in essence becoming the personal coach for other musicians, steering their path to success.
    43. Social Media Manager - Do you love Instagram, Snapchat, TikTok, X, and other social media platforms? It turns out, a lot of artists hate social media and claim to be “terrible at it.” So bad that they are glad to pay someone else to do it for them. Running social media for musicians can make you bank. You post updates, share music, and grow your fan base online. They pay you to keep their followers engaged. The better you do at getting them results, the more you can charge. It's a job where your online skills boost your music career.
    44. Graphic Design - If you’re handy with websites like Canva or Photoshop, you can make money by designing graphics for musicians. From album art to band merch, your visual flair can turn into cash. Your designs can help sell their music, making you a key part of their marketing team. It also happens to be a great skill to apply to the promotion of your own music.
    45. Royalty-Free Libraries - These types of companies let indie musicians earn money by licensing the music of artists in their catalog directly to individuals and companies. Typically clients will pay a one-time fee or a subscription fee to use your music, and then you’ll get a cut for each time it is licensed. In this situation, you may be giving them the right to use the song pretty much however they see fit. Typical uses can be wedding reel soundtracks, corporate presentations, podcasts, and YouTube content, and some of them even curate in-store radio playlists you can get onto - and get paid for. If you have songs that work well for these kinds of libraries, you can make a lot of money a little bit at a time!
    46. Production Music Libraries - Production music libraries are places where indie musicians can sell their tracks once and earn money every time those tracks are used in TV shows, ads, or films. You create music (possibly receiving a demo fee up front), submit it to your library, and then get paid each time your music is chosen for a project. While libraries typically take 100% of your publishing, you’ll still retain all the writer’s rights and get paid through your PRO that way. If you build a big and well-used catalog with reputable libraries, it can be very lucrative.
    47. Song Admin - Are you a stickler for detail? Do you live for spreadsheets? Being a song admin means you handle the boring but crucial tasks artists don't want to do, such as registering their music with copyright offices and PRO, getting contracts signed by all parties, and managing their catalogs (and metadata) in DISCO. Musicians pay you to take care of these details, ensuring they get paid for their music's use. It's a job where your organizational skills turn into income for you and the artists you help. Plus it helps you keep your own catalog organized by keeping those skills sharply honed for your own career.
    48. Publicist - Are you great with building relationships and hyping your friends up? Being a publicist means you help other musicians get noticed. You write press releases, set up interviews, and get their music reviewed. Bands hire you to spread the word about them, making sure people talk about their music. Your job is to boost their fame, and in return, you earn money from their success. You can leverage the industry relationships you build for your own music too!
    49. Record Label - Starting a record label means you can sign and promote other musicians, keeping a share of their music sales. Depending on the deals you make, you could handle everything from recording artists to selling their albums. Artists pay you to take care of all of the business of selling their music, and you then earn money when their music sells. It can be about turning your well-rounded music business skills and industry relationships into profits.
    50. Music Supervisor - Does helping pick the right songs for TV shows, movies, and ads sound rewarding? It can pay indie musicians well! Music supervisors get paid on a by project basis. Their job is to find music fits scenes perfectly, while also fitting budgetary and legal requirements. There are plenty of music supervisors who are successful in placing their own music - when it’s appropriate. So who knows, this could really help your own songs find the spotlight of big screens around the world.

If you have any questions about the ways you can monetize your music and skills, feel free to reach out to us at [email protected].

Your friends and fellow indie music makers,
-John & Sonnet
Founders of 2Indie

The Sync Society

It's our exclusive onlineĀ sync club, with:

  • Weekly live industry introductions via Zoom to the people who make the music, the people who pitch the music, and the people who PLACE the music
  • Live weekly workshops covering songwriting, production, pitching, branding, and more
  • Monthly song briefs from sync agencies
  • Sampler submission opportunities
  • Private Facebook group for 24/7 collabs and accountability
  • Ever expanding resources library with hundreds of hours of past live coaching replays, workshops, conferences, and more
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