53 Profitable Business Opportunities for Musicians (Full List)

53 Profitable Business Opportunities for Musicians (Full List)

If you have a passion for music and want to take your experience to the next level, starting a business in the industry may be the perfect opportunity for you.

The good news is, there are so many opportunities to become a musical entrepreneur and build an innovative product/service in this line of work.

We put a list together below of the most profitable business opportunities you can start today + the resources you need to get started.

1. Become a music blogger ($12K/year)

DJ Tobander from Stuttgart started DJ Tobander almost 7 years ago, a music blogger.

  • Revenue: $996/ month
  • Founders: 1
  • Employees: 0
  • Location: Stuttgart

In 2018 I already did blogging for about 10 years. I have sold a couple of copies of my “How-To-Guides” but nothing memorable. This was kind of frustrating as this was the kind of stuff other DJs told me they want to learn. Unfortunately, it seemed no one actually wanted to pay for it.

This seemed kind of strange because all the business books and info product gurus out there all were telling to ASK your customers what they want. In my case, everybody told me they wanted to become better at djing and play more gigs. But nobody actually wanted to pay for products like this.

So one day I noticed that I always get a lot of questions about my DJ sets at special occasions like weddings or birthdays: what kind of music I was playing, what my starting song as if I have any secret weapons when there’s nobody dancing and so on. So I just made a small collection of my playlists from that year and also looked out for other public DJ sets that I liked on blogs or websites. I then put my favorite sets into a pdf made it look nice and sent it to my mailing list.

how-i-started-created-niche-infoproducts-for-djs-that-now-generate-1k-month

2. Start a music school ($24K/year)

Meenakshi S from Chennai started Art Splash Academy of Fine Arts over 6 years ago, a music school.

  • Revenue: $2,000/ month
  • Founders: 1
  • Employees: 12
  • Location: Chennai

My paternal grandfather was my mentor in Indian music. He taught me Carnatic vocals when I was 4 years old. He was my inspiration. My maternal grandfather was a businessman who ran hotels, lodges, oil and rice mills, spares shops, etc. He too was my inspiration. My mom will always be an inspiration to me as she taught me righteousness and virtues.

Also, my school provided great exposure to dance and vocal, both being my passion. I had participated in various cultural competitions and events during school and got recognized and awarded by our Chief Minister and Governor at that time. I even performed in the International sports festival inauguration dance that happened in India during my grade 12. The thrill was the music was composed by our Oscar awardee AR Rahman, India's pride. I used to be actively participating in Lions club events, competitions, and Bookfair every year.

To start any business we need to have the investment and I definitely wanted to save for that big day. It took me years and I decided after my younger kid was born. I wanted to balance my work and family life better, without compromising both and also keep them growing.

how-i-left-my-job-to-start-a-music-vocals-dance-and-art-academy

3. Start a film production company ($14.4M/year)

Hope Horner from Los Angeles, California, USA started Lemonlight over 7 years ago, a film production company.

  • Revenue: $1,200,000/ month
  • Founders: 3
  • Employees: 70
  • Location: Los Angeles, California, USA

I grew up in Johnson City, TN - a small town in the northeast corner of the state. For as long as I can remember, I dreamed of moving to Los Angeles and starting my own business. When I was 18, I moved to LA to attend college and haven’t left yet.

I started my first business in 2008 when the startup culture was very limited in Los Angeles. Resources were scarce and it was difficult to learn how to start and run a company with no experience. Nonetheless, I trudged through the journey for a few years trying to figure it out. It was filled with some success and a lot of learning lessons, but ultimately, it didn’t end the way I had hoped. I spent a few more years working with startup companies and learning more about the landscape and how to hone my skills as a leader and entrepreneur.

In April of 2014, I started my second company, Lemonlight, out of a second bedroom with my two co-founders, Daniel Marlow, and Chad Rogers. Lemonlight’s mission was to offer small and medium-sized businesses access to high-quality, affordable video content that they could use to advertise their brand online.

how-i-started-a-500k-month-video-production-company-from-my-bedroom-in-la

4. Become a recording artist

Examples of a successful recording artist:

Here are some great videos on how to get started with a recording artist:

For further info, check out these books and products:

Learn more about starting a recording artist ➜

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5. Start a guitar company ($1.2M/year)

Adam Klosowiak from Provo, Utah, USA started KLOS Guitars over 6 years ago, a guitar company.

  • Revenue: $100,000/ month
  • Founders: 2
  • Employees: 13
  • Location: Provo, Utah, USA

KLOS Guitars is the first company that I started. And how I got here is quite the unconventional path.

I’m from the suburbs of Chicago originally. After graduating high school I went to Princeton University to study electrical engineering with an emphasis on semiconductor physics, which was fueled by my passion for science and a curiosity of how things work.

I first dipped my toes into entrepreneurship my junior year when I entered into a Hackathon with two of my peers. The three of us felt that our curriculum was too theoretical and we wanted to test our hands on skills by building something practical. We came up with Dorm Control, which was a bluetooth controlled power strip that you could control via your phone.

how-we-invented-a-carbon-fiber-guitar-and-grew-to-1m-year

6. Create a voice recording platform ($0/year)

Nicholas Phair from London, UK started telbee over 2 years ago, a voice recording platform.

  • Revenue: $0/ month
  • Founders: 2
  • Employees: 2
  • Location: London, UK

Before telbee, I had founded a couple of other businesses - I’ve always been an entrepreneur by nature.

At the time that I came up with the idea of telbee, I was working in the insurance space, but taking some time out to reflect deeply on what my goals for the next five years were.

When I first came up with the idea of launching a business around voice tech, it was based on a simple realization: While modern automation does help make things quicker and easier for businesses, we seem to have lost a lot of the personal side of business-to-customer relationships.

how-i-launched-an-online-voice-recording-platform-for-businesses

7. Start a digital magazine ($600K/year)

Drew Williams from Toronto, Ontario, Canada started SWAGGER Magazine almost 15 years ago, a digital magazine.

  • Revenue: $50,000/ month
  • Founders: 1
  • Employees: 25
  • Location: Toronto, Ontario, Canada

Honestly, the idea started as a hobby.

When I started the blog in 2007, it was meant to be an alternative to the major men’s magazines on shelves because the magazine industry still hadn’t fully accepted the fact that everything was going digital and that print would be dying a slow and painful death. I wanted men to have access to cool guy things online, as well as dating advice, with a focus on realistic male acquisitions instead of focusing on things your average guy could not afford. Promoting the "fake it till you make it mentality".

I had worked for a magazine called Performance Auto and Sound Magazine pasmag.com, so I had in-depth knowledge about the business from a print perspective.

swagger-starting-a-digital-men-s-magazine

8. Start a clothing blog ($72K/year)

Jon Shanahan from Pittsburgh, Pennsylvania, USA started The Kavalier almost 7 years ago, a clothing blog.

  • Revenue: $6,000/ month
  • Founders: 1
  • Employees: 1
  • Location: Pittsburgh, Pennsylvania, USA

My days with a camera can be traced back to my parents’ Sony Handycam when I was 6 directing my friends to make mini movies (still somewhere around here on VHS) but high school was a defining time for that passion as I joined the video club.

There’s certainly no substitute for hard work and dedicating thoughtful time to what you’re working on. I’ve published over 500 videos in the last three years and it takes a lot of time and effort to get there but if you show up everyday you will be ahead.

I was a distracted student in high school but my one reprieve was making videos at the direction of my teacher Brad Schulte. One of my earliest projects is still on YouTube which received 700k views at a time when that was a big deal. Most of those views came from people searching for keywords which planted a seed.

starting-a-youtube-channel-and-blog-making-6-000-month

9. Start a mobile karaoke experience ($144K/year)

Kelli L Bielema from Seattle, Washington, USA started The AirScream over 2 years ago, a mobile karaoke experience.

  • Revenue: $12,000/ month
  • Founders: 2
  • Employees: 2
  • Location: Seattle, Washington, USA

The two of us met while working at Deloitte. I (Kelli) was an operations manager with an extensive background in event and entertainment production including creating live experiences at Universal Studios Hollywood. Vanessa was a year one CPA fresh out of the University of Washington who realized within just a few months in at the fall tax deadline that this was not her jam. She decided to jump ship and start a DJ & Karaoke Service. Barely a year later, I left the firm, as well as my then part-time event production company, began to take off & I was finally able to commit to it 100% when I got a contract with Boeing.

In just months after both launching our businesses respectively, our client rosters began to grow. Vanessa’s company and namesake moniker, Baby Van Beezly, dove into the private and corporate event vendor realm, spinning party tunes and wedding marches. My clients with my company, Shindig Events, began to move away from private individuals to corporate entities such as PopCap Games, Adobe, Boston Consulting Group, Oculus, and Facebook. I was able to hire Vanessa for all sorts of gigs over the course of the next 6 years.

While Vanessa’s Baby Van Beezly biz began to really take off, my Shindig Events were coming to a close. After 7 years I was ready for a change, a stress break and launched back into day-job land, where I currently reside. But there’s always that itch to do something creative and event-related so a side hustle was inevitable.

how-we-raised-45k-to-build-a-mobile-karaoke

10. Start a music streaming app

Examples of a successful music streaming app:

Here are some great videos on how to get started with a music streaming app:

For further info, check out these books and products:

Learn more about starting a music streaming app ➜

And for some real world inspiration, give Joel Fickson Ngozo's story on creating Vwaza Multimedia a read:

I'm Joel Fickson Ngozo, a software engineer, innovator, and techpreneur. I'm the founder and the developer of Vwaza Multimedia, a startup company offering media streaming services for African creators targeting a global audience. Vwaza empowers African Creators by helping them have a platform through which they can distribute music and poems. Launched on June 9th, 2021, Vwaza has 220 plus listeners from Africa, the USA, Europe, and China, and over 100 artists from over 5 African countries.

Vwaza has two sections: Vwaza Creator, and Vwaza Listener. Vwaza Creator is an artist section where African Artists can upload their content. Content can be music albums, eps, and singles, and even poem collections. This content is streamed through the Vwaza Listeners App available on both Web and Mobile (Android and iOS). Listeners will start buying the music through our web platform and artists will be getting revenue from sales that are empowered by us.

i-created-a-music-app-to-empower-african-artists

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Joel Fickson Ngozo, on starting Vwaza Multimedia ($0/month) full story ➜

11. Start an online courses business ($60K/year)

Lidiya Kesarovska from The Netherlands started Let's Reach Success almost 9 years ago, a online courses business.

  • Revenue: $5,000/ month
  • Founders: 1
  • Employees: 0
  • Location: The Netherlands

Back in 2013, I had already discovered my passion - personal development - and had realized writing is the best way to express myself. So I combined these and started a self-improvement blog.

Starting the blog was the best decision and not giving up on it over the years (even when no traffic or money was coming in) was what helped me move forward.

It was first just a hobby and I knew nothing about blogging. Over the years, after publishing a ton of content, gaining traffic, learning about SEO, email marketing, social media, and all the ways to monetize a blog, it became a real business.

how-i-created-a-5k-month-online-course-about-blogging

12. Start a music licensing business ($4.5M/year)

Aaron Green from Minnetonka, Minnesota, USA started Easy Song Licensing over 16 years ago, a music licensing business.

  • Revenue: $375,000/ month
  • Founders: 2
  • Employees: 12
  • Location: Minnetonka, Minnesota, USA

I grew up with my business partner, Mark Meikle, in Plymouth, Minnesota (Mark is the President of ESL). We attended the Robbinsdale Spanish Language Immersion Elementary School in Golden Valley, MN, starting in the fall of 1987. This was the first public school in Minnesota to incorporate the Spanish language within the curriculum at the same time as English (learning to read/write/speak/math/science in a bilingual fashion K-5).

The old entrepreneurial saying comes to mind; ‘you need to reinvent yourself every 4-5 years to maintain success’, which we can personally attest to. Staying rigid and stubborn regarding your original business plan and execution can only lead to dead-ends if you do not experience any hint of the growth you were anticipating.

There, we were fortunate to meet 10 of our life-long best friends, whom we are still close with today. With the exception of college, Mark and I were classmates from kindergarten all the way through our graduation from Armstrong High School. Mark is one of my childhood best friends, who was always one of the smartest in our grade, as well as the fastest-running kid. Me, being a little overweight growing up, would use my early sales skills and motivation tactics to coach Mark around the running track and various sports in elementary school, so we’ve always been a team since the beginning of our friendship.

how-we-bootstrapped-a-music-licensing-business-to-2-5m-year

13. Start an app for music producers ($2.4K/year)

Karan Beghi from London, England, United Kingdom started Musicspace about 2 years ago, a app for music producers.

  • Revenue: $200/ month
  • Founders: 1
  • Employees: 1
  • Location: London, England, United Kingdom

I’ve always loved talking about my personal journey, especially about how my first startup failed because It scaled too fast when I was 18, after leaving school to pursue growing it. Even after my first failure, I knew I just couldn’t be told what to do without it sparking my creativity. I love working in teams and working on tasks, but just not the aspect of someone telling me what to do and when. Thankfully, I’ve since grown in terms of my business acumen, and enjoy learning from so many talented and hardworking entrepreneurs online who give me so much hope and inspiration for my personal and business life.

It took about 2-3 failed project ideas before launching Avora Now & Musicspace. Avora Now is an invite-only music distribution platform I launched back in 2018 for artists and producers. If you’re familiar with music distribution income, you’d know that it takes a musician about 3-4 months before they receive their first payment for a song they’ve released, which led me to a new dilemma --- How on earth would I be able to survive long term if it took 3-4 months before an artist makes money from our platform? Bear in mind, Avora only makes money when our artists do, using a revenue share model. Fast-forward a year, I had grown Avora’s Instagram page to thousands of followers reaching tens of thousands of engaged musicians each week. But the same issue remained once again - We just weren’t making anything yet. In fact, I was hustling to make money selling album cover art designs on Fiverr.com, doing one-to-one Instagram consultations, selling promotional slots on my Spotify playlist, Instagram shoutouts, money from my partner and money from my parents. I owe it all to my loved ones who stood by me throughout it all.

So then it hit me hard…. Why don’t I create a new platform that could benefit users instantly, instead of having to wait 3-4 months for them to enjoy the real value? -- In came Musicspace.

on-launching-a-simple-music-catalog-management-app-for-artists-and-producers

14. Become a local event artist

Examples of a successful local event artist:

Here are some great videos on how to get started with a local event artist:

For further info, check out these books and products:

Learn more about starting a local event artist ➜

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15. Become a song writer

Examples of a successful song writer:

Here are some great videos on how to get started with a song writer:

For further info, check out these books and products:

Learn more about starting a song writer ➜

16. Start an antique instrument business

Examples of a successful antique instrument business:

Here are some great videos on how to get started with a antique instrument business:

For further info, check out these books and products:

Learn more about starting an antique instrument business ➜

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17. Become a conductor

Examples of a successful conductor:

Here are some great videos on how to get started with a conductor:

For further info, check out these books and products:

Learn more about starting a conductor ➜

18. Become a theme song creator

Examples of a successful theme song creator:

Here are some great videos on how to get started with a theme song creator:

For further info, check out these books and products:

Learn more about starting a theme song creator ➜

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19. Become a street performer

Examples of a successful street performer:

Here are some great videos on how to get started with a street performer:

For further info, check out these books and products:

Learn more about starting a street performer ➜

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20. Start a song licensing business

Examples of a successful song licensing business:

Here are some great videos on how to get started with a song licensing business:

For further info, check out these books and products:

Learn more about starting a song licensing business ➜

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21. Become a music tutor ($840K/year)

Examples of a successful music tutor:

Here are some great videos on how to get started with a music tutor:

For further info, check out these books and products:

Learn more about starting a music tutor ➜

And for some real world inspiration, give Nimrod Cohen's story on creating OnlinePianist a read:

My name is Nimrod, and I am the CEO & co-founder of OnlinePianist, a mobile application that makes it super fun & easy to play one’s favorite songs on the piano.

my-personal-crisis-fueled-me-to-build-an-840k-year-piano-tutorial-app

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Nimrod Cohen, on starting OnlinePianist ($70,000/month) full story ➜

22. Become a voice coach

Examples of a successful voice coach:

Here are some great videos on how to get started with a voice coach:

For further info, check out these books and products:

Learn more about starting a voice coach ➜

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23. Become a music producer

Examples of a successful music producer:

Here are some great videos on how to get started with a music producer:

For further info, check out these books and products:

Learn more about starting a music producer ➜

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24. Start a record label

Examples of a successful record label:

Here are some great videos on how to get started with a record label:

For further info, check out these books and products:

Learn more about starting a record label ➜

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25. Become an event promoter

Examples of a successful event promoter:

Here are some great videos on how to get started with a event promoter:

For further info, check out these books and products:

Learn more about starting an event promoter ➜

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26. Become a band manager

Examples of a successful band manager:

Here are some great videos on how to get started with a band manager:

For further info, check out these books and products:

Learn more about starting a band manager ➜

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27. Become a sound engineer

Examples of a successful sound engineer:

Here are some great videos on how to get started with a sound engineer:

For further info, check out these books and products:

Learn more about starting a sound engineer ➜

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28. Become a sound effects producer ($600K/year)

Examples of a successful sound effects producer:

Here are some great videos on how to get started with a sound effects producer:

For further info, check out these books and products:

Learn more about starting a sound effects producer ➜

And for some real world inspiration, give CHRIS KELLY's story on creating ProductionCrate, LLC a read:

Hey everyone!

I work with a group of artists and developers who are making tools for other artists. If you need royalty-free music, video effects, graphics, or sound assets, we’ve got you covered.

ProductionCrate got its reputation from our VFX library, FootageCrate. That’s our flagship product, and where most of our million-plus users first found us. Filmmakers don’t just need one asset, though. As soon as our users realize we have all kinds of production resources, they’re downloading everything they need to make their project awesome.

i-bootstrapped-a-600k-year-video-production-company-10m-downloads

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CHRIS KELLY, on starting ProductionCrate, LLC ($50,000/month) full story ➜

29. Become a studio owner

Examples of a successful studio owner:

Here are some great videos on how to get started with a studio owner:

For further info, check out these books and products:

Learn more about starting a studio owner ➜

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30. Become a video game audio creator

Examples of a successful video game audio creator:

Here are some great videos on how to get started with a video game audio creator:

For further info, check out these books and products:

Learn more about starting a video game audio creator ➜

31. Become a parody artist

Examples of a successful parody artist:

Here are some great videos on how to get started with a parody artist:

For further info, check out these books and products:

Learn more about starting a parody artist ➜

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32. Start a music therapy company

Examples of a successful music therapy company:

Here are some great videos on how to get started with a music therapy company:

For further info, check out these books and products:

Learn more about starting a music therapy company ➜

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33. Become a music video director ($1.2K/year)

Examples of a successful music video director:

Here are some great videos on how to get started with a music video director:

For further info, check out these books and products:

Learn more about starting a music video director ➜

And for some real world inspiration, give Jordan Williams's story on creating Snake Oil Music News a read:

Alright guys I’m Jordan Williams, I am the Founder and Owner of Snake Oil Music News. I am a massive fan of music and finding new bands and artists specifically in the Indie Rock’N’Roll genre proving that Rock’N’Roll is still alive and kicking even though some people would say it finished years ago.

However, we do have a website where you can buy Snake Oil Music News merchandise from T-Shirts, Beanies, Bucket Hats, etc which helps fund equipment that we use for content and any events that we put on.

on-starting-a-website-about-rock-music

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Jordan Williams, on starting Snake Oil Music News ($100/month) full story ➜

34. Start a music podcast ($240K/year)

Examples of a successful music podcast:

Here are some great videos on how to get started with a music podcast:

For further info, check out these books and products:

Learn more about starting a music podcast ➜

And for some real world inspiration, give Annette Thomas's story on creating The Digital Vibe Podcast and Network a read:

Hello, my name is Annette Thomas. I am the Creator and Founder of The Digital Vibe Podcast and Network. The Digital Vibe Podcast started as a Podcast and evolved to become a Network that comprises, a podcast, a publishing company, a network of affiliates, and a global brand that is networked and heard all around the world!

If you sum up all of these income streams it would be around $20k per month.

on-starting-a-blog-and-podcast-to-inspire-entrepreneurs

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Annette Thomas, on starting The Digital Vibe Podcast and Network ($20,000/month) full story ➜

35. Start an instrument rental service

Examples of a successful instrument rental service:

Here are some great videos on how to get started with a instrument rental service:

Learn more about starting an instrument rental service ➜

36. Become a festival organizer

Examples of a successful festival organizer:

Here are some great videos on how to get started with a festival organizer:

For further info, check out these books and products:

Learn more about starting a festival organizer ➜

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37. Start an instrument repair business

Examples of a successful instrument repair business:

Here are some great videos on how to get started with a instrument repair business:

For further info, check out these books and products:

Learn more about starting an instrument repair business ➜

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38. Start a music clothing line

Examples of a successful music clothing line:

Here are some great videos on how to get started with a music clothing line:

For further info, check out these books and products:

Learn more about starting a music clothing line ➜

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39. Become a voiceover artist

Examples of a successful voiceover artist:

Here are some great videos on how to get started with a voiceover artist:

For further info, check out these books and products:

Learn more about starting a voiceover artist ➜

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40. Become a social media influencer

Examples of a successful social media influencer:

Here are some great videos on how to get started with a social media influencer:

For further info, check out these books and products:

Learn more about starting a social media influencer ➜

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41. Become a music reviewer

Examples of a successful music reviewer:

Here are some great videos on how to get started with a music reviewer:

For further info, check out these books and products:

Learn more about starting a music reviewer ➜

42. Become a music app developer ($960K/year)

Examples of a successful music app developer:

Here are some great videos on how to get started with a music app developer:

For further info, check out these books and products:

Learn more about starting a music app developer ➜

And for some real world inspiration, give Ian Chen's story on creating Discotech a read:

Hello! My name is Ian Chen and I am the Co-Founder and CEO of Discotech, we are essentially OpenTable for Nightlife.

Since surviving the Covid pandemic which ravaged our industry, we have been generating over $1M a month in gross sales, and netting between 10-15% of that as our net revenue.

how-3-college-friends-created-the-opentable-for-nightlife-1m-year

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Ian Chen, on starting Discotech ($90,000/month) full story ➜

43. Become a talent hunter

Examples of a successful talent hunter:

Here are some great videos on how to get started with a talent hunter:

For further info, check out these books and products:

Learn more about starting a talent hunter ➜

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44. Become a dance choreographer

Examples of a successful dance choreographer:

Here are some great videos on how to get started with a dance choreographer:

For further info, check out these books and products:

Learn more about starting a dance choreographer ➜

45. Start a night club

Examples of a successful night club:

Here are some great videos on how to get started with a night club:

For further info, check out these books and products:

Learn more about starting a night club ➜

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46. Start a dance tutorial blog

Examples of a successful dance tutorial blog:

Here are some great videos on how to get started with a dance tutorial blog:

For further info, check out these books and products:

Learn more about starting a dance tutorial blog ➜

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47. Become a mobile DJ

Examples of a successful mobile DJ:

Here are some great videos on how to get started with a mobile DJ:

For further info, check out these books and products:

Learn more about starting a mobile DJ ➜

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48. Become a fan page administrator

Examples of a successful fan page administrator:

Here are some great videos on how to get started with a fan page administrator:

Learn more about starting a fan page administrator ➜

49. Start a souvenir shop

Examples of a successful souvenir shop:

Here are some great videos on how to get started with a souvenir shop:

For further info, check out these books and products:

Learn more about starting a souvenir shop ➜

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50. Become a music publicist

Examples of a successful music publicist:

Here are some great videos on how to get started with a music publicist:

For further info, check out these books and products:

Learn more about starting a music publicist ➜

51. Become an entertainment lawyer

Examples of a successful entertainment lawyer:

Here are some great videos on how to get started with a entertainment lawyer:

For further info, check out these books and products:

Learn more about starting an entertainment lawyer ➜

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52. Start a wedding band business

Examples of a successful wedding band business:

Here are some great videos on how to get started with a wedding band business:

For further info, check out these books and products:

Learn more about starting a wedding band business ➜

And for some real world inspiration, give Joel Klein's story on creating Ritani a read:

My name is Joel Klein and I am the founder and CEO of Ritani.com. At Ritani, we specialize in diamonds, engagement rings, wedding bands, and fine jewelry. We are proud to handcraft our engagement rings in our New York factory. Our customers include men and women that mostly range in their late 20s to 50s.

A majority of our customers are shopping for an engagement ring for the first time, while some of our other customers are upgrading their engagement rings to a larger diamond for their anniversary. At Ritani, we strive to give our customers an educational experience and guide them along the way so they can choose the right diamond and setting for their budget.

on-starting-a-business-selling-diamonds-and-engagement-rings-online

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Joel Klein, on starting Ritani ($0/month) full story ➜

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