Blockchain Music Investment, Ending Artistic Poverty, and the Power of Practice | with Mark Miller of Labelcoin.io - Progressions: Success in the Music Industry

Episode 73

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Published on:

17th Aug 2022

Blockchain Music Investment, Ending Artistic Poverty, and the Power of Practice | with Mark Miller of Labelcoin.io

Today’s guest is musician and music business entrepreneur Mark Miller. Mark is the co-founder and CEO of Labelcoin, a revolutionary Web 3.0 based song exchange that allows fans to invest in the next big song. Mark and his team are working to usher in a new era for the music industry in which artists’ future revenues are brought forward to the present day with the ultimate goal of stamping out artistic poverty. Prior to his work with Labelcoin, Mark spent a decade as a touring recording artist before starting several businesses designed to help artists build their careers, including a national booking agency and a video and photography production company. We have a great chat about creating a blockchain based music investment platform, the importance of marketing for musicians, the difference between an amateur and a professional, and what one of the biggest things holding artists back is.

In this episode we'll dig in on...

  • Utilizing blockchain technology to support musicians
  • Humility is always the best way forward
  • Making $120k a year playing college shows and touring
  • Why most musicians and artists give up
  • How to value a catalog's future earnings
  • How blockchain backed song shares could replace producer and mixer points
  • The importance of welcoming people into your creative process
  • The difference between an amateur and a professional
  • A fan's money should go to the artists that they listen to
  • Branding and marketing for independent artists
  • Practicing your stage banter
  • Not living and dying by the numbers
  • "Free to Focus" by Michael Hyatt (here)

Travis' Intro: Excuses, Procrastination, and Avoidance

Learn More About Mark Miller and Labelcoin...

Website: https://labelcoin.io/

Instagram: https://www.instagram.com/labelcoin/

Twitter: https://twitter.com/musicallymark

LinkedIn: https://www.linkedin.com/in/mark-miller-563bb512/

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Credits:

Guest: Mark Miller

Host: Travis Ference

Editor: Stephen Boyd

Theme Music: inter.ference

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About the Podcast

Progressions: Success in the Music Industry
Host Travis Ference chats with music producers, engineers, mixers, artists, musicians, and songwriters about the tips, tricks, mindsets, and ideas that helped them define their careers.
Insightful conversations about building and maintaining a fulfilling and successful career in the music industry. Music producers, engineers, mixers, artists, songwriters, musicians, composers and various other audio professionals sit down and share the tips, tricks, mindsets and ideas that helped them define their careers.

Created and hosted by Grammy nominated recording and mixing engineer Travis Ference, Progressions: Success in the Music Industry is inspired by the journey of his career so far. Travis is determined to set the next generation of music creators up with the tools they need to define their own success and live a happy, healthy, and prosperous career in the music business.

Don’t wait for luck. Start building your future now.

Join us on YouTube for extra content: https://www.youtube.com/channel/UCwsSYXoW9AXB3TdJPXO02Gw

Get in on our conversations on The Complete Producer Network: https://www.completeproducer.net/share/z_LJhc8M_GtKZ1OX?utm_source=manual
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About your host

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Travis Ference

Travis Ference is a Grammy nominated mixer, producer, and recording engineer based out of Los Angeles, CA. With over a decade of experience in the music business he has worked on multiple #1 albums, several top 10's, numerous RIAA platinum and gold certified records, as well as hit TV shows and blockbuster films. His work can be heard on more than 15 million albums sold and billions streams worldwide.

The inspiration for his podcast came from his journey over the last 5 years to redefine what success is for him, to take control of his time, and to ultimately live the life he wants while making the records he loves.