In this episode, Jared Judge revisits a critical topic that can make or break a musician's career: building a profit margin into your price. He shares his personal experiences and mistakes in managing his musical act, emphasizing the importance of not just compensating musicians but also covering administrative costs, marketing, and investments in equipment. Jared provides a step-by-step guide to calculating the cost of a gig and determining an appropriate profit margin, stressing that this is essential for the financial stability and longevity of a musical act. Whether you're part of a band or a solo act, this episode offers valuable insights into managing your finances and ensuring that your music thrives.
