Russ On How To Make Money Without A Record Label

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Information Russ On How To Make Money Without A Record Label

Title	:	Russ On How To Make Money Without A Record Label
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Artists, don’t be dumb Fund your own careers (ask bank for loans) Don’t sign record deals (you will be in debt to the record deal equally as the bank) Don’t use distributors( exSpotify) Pay for publicity yourself (radio spots, magazine shoots, billboards) Otherwise you are giving control to others Just hire your own team
Comment from : Jessica

paying 1000 a month for the rest of your life… borrower is always a slave to the lender
Comment from : Therealponton

You'll ne in debt all your life
Comment from : Johnny Matt

❤❤❤
Comment from : N D

All well and good if you have millions which most don’t
Comment from : Phillip Montoya

This works for 1 percent of population the other 99 percent can’t get a half million dollar loan from bank
Comment from : zaymoney252

🐾
Comment from : Zblockbulliez

Very smart
Comment from : Bailey Lawrence

If you like paying interest 🤷
Comment from : American Hooligans

This is what priviledge sounds like try saying yo bank give me half a million dollars and tell us how that goes lol
Comment from : Pull The Block Ent

I'm a bit confused, If you have the money to do it yourself Why wouldn't you? The interest the bank is going to be mad no matter how you look at it
Comment from : Damon Damon

👌🏾💯🔥🔥🔥🔥
Comment from : Nevik Wright

Russ made them all look stupid, he is a boss!
Comment from : Manifesto Manifesting

Difference is if a label loans you the money the risk is on them if the project fails They are stuck with the bill If you borrow from a bank, you have to pay it back even if the project fails
Comment from : Music

But why’s he wearing a cheap polyester jacket
Comment from : norakat

Yo can someone simplify this to me I'm kinda lost😂
Comment from : Prezley Lofi n R&B Instrumentals

💯💯💯
Comment from : RSNHUNCHOO

A hour for 60 grand #yuhhurdme
Comment from : deQuince

how to borrow moneynot "make" money
Comment from : Josh Relic

Doesn't work if you're not sure you're gonna make money
Comment from : MoLten MetaL

Good debt because he’s making money off it Stop buying stupid shit and get a hobby
Comment from : The Perry Family Experience

It’s sounds good But reality is a bit different Remember do what makes sense for you, and your own situation If you can make your own beats and have a studio to record, yeah sure try his route But on the other hand if you don’t have access to a studio or you can’t make beats etc etc used what you can Try going the record label route might be the best option for you
Comment from : James

But i still dont get how this is smart unless your apr is insanely low If you utilize money from a bank you pay interest If you take out 20K and pay it back monthly you can end up paying back 30k, 40k depending on your interest rate and monthly payment Please explain how this is a good idea😊😊
Comment from : Everyday Runway

My credit score is 700 Buddy makes it sound easy
Comment from : Sizzy Saint

💰
Comment from : ★Ria_Kit776★

👨🏽‍🍳
Comment from : jaelen percival

This is BUSINESS credit guys not personal credit !!!!!!!
Comment from : Lay

This idiot fails to realize that FIAT Currency isn't anybodies money It's all a Ponzi Scheme in the midst of imploding brbrName 1 Country chomping at the bit to do International Transactions in Federal Reserve Notes?brbrAny wonder USInc Wants a War? Not Korea, Russia, Iran are 3 Countries without Rothschild Central Banks(He recently died by the way, may he burn in the darkest hole)brbrRecommend learning how Fractional Reserve Banking works brbrHis 1,000 a month isn't his Reserves Notes it's the BanksbrbrHis financial literacy is BS
Comment from : maurice ballard

When multi millionaire tell us how they use the banks to make money is just dumb when all money is debt and numbers on a screen they create out of nothing DON'T TAKE A HALF MILLION AS A LOAN IF YOU AIN'T GOT IT
Comment from : Mooemoney

I can't get approved for a 300 dollar capital one card
Comment from : Jose Ayala

This guys is giving out too much information Protect him
Comment from : NIGHT OWL

Let’s makes sure we point of that he was already up millions by the time he thought of this
Comment from : Zona GaloreMusic

Alhan trying to act American
Comment from : Ben made the cut

You have to be disciplined with money and already have a following to make money in music, don’t be stupid
Comment from : DOMSTA

Whether they call it a line of credit or advance, either way you go, you’re just getting a loanbrbrYou can pay like 2-10 interest to the bank depending on the terms and when you got your loanbrbrOr you can surrender your masters, publishing, the majority of your royalties, creative control, etc brbrIf you get a loan from the bank, the money is not taxable If you get the loan from the record label, it’s paid to you in the form of a cash advance on your royalties, so the income is taxable despite the fact that you will pay the label back for them to recuperate brbrTax rates are between 10-37 Even if the label let you keep 100 of your masters, publishing, royalties, etc and took absolutely nothing in return, it would still cost more because of the taxes For example, if you got a $1M advance from a label, you’ll end up paying about 33 in taxes If you went to a bank today for a loan, you’d pay somewhere around 4
Comment from : Chace Bonanno

Very smart man and informative
Comment from : DaRealAntDawg

No income taxes on the loan money Smart move if low interest rate
Comment from : Chiro Crack Addict ASMR

Yeah but the borrower is now a slave to the one lending, smh typical world view, it sounds good but but look deeper & you'll find its totally flawed!!! reasoning!!!
Comment from : Michael Briggs

60 grand for an hour not smart
Comment from : Black Lives Sports World Wide

Dawg NFTs have been a HUGE blessing, I’ve already made thousands as a TINY artist with less than 200 YouTube Subs at the time of writing this🤘🏽🤘🏽🤘🏽
Comment from : Hurric4n3Ike

💯💯
Comment from : RoDale

It’s smart He’s using the credit to make more money they promotion Credit is only good if yu using it to make more money
Comment from : TrueRootsGenealogy2022