25 Profitable Business Opportunities for Musicians (Full List)

25 Profitable Business Opportunities for Musicians (Full List)

Are you interested in starting a music related business idea but unsure what to start?

The good news is, there are so many business ideas for musicians to become entrepreneurs and build innovative products/services in this line of work.

We put together below the most profitable music business ideas you can start today in 2022.

Here they are:

1. Become a music blogger ($996/month)

A music blog covers different topics of interest among music lovers. With the music industry so popular in 2022, it is a great time to start a music blog. A music blog offers you a chance to get as creative as possible and is also a precious tool to help you promote and publicize music genres.

Starting a music blog is as easy as selecting a music niche. Identify topics of interest and create shareable content.

How Much Can You Make?
$996 — $160,000/month
Average Initial Investment
$50
Time To Revenue
270 days
Skills
Business model

Case Study

Hi, my name is DJ Tobander and I’m running a blog with the same name. I’m writing about djing and am also selling info products like “How to start DJing” or “How to get more Bookings” but mainly I’m selling collections of great DJ Sets for special occasions like weddings or NYE.

I’m not selling the music itself but the name of the songs and in what order the DJs were playing them. DJs should never copy the style or whole sets of other DJs but they should definitely inspire themselves by looking at what other DJs are playing where and when.

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

2. Start a music school ($2K/month)

For those with a passion and love for music, starting an online music school is a great opportunity to start your music tutoring business. Not only will you gain customers locally but also globally. Besides, starting an online music school is an opportunity to work from anywhere and at your preferred time.

Whether you are brand new to teaching music online or you have been teaching online but looking for some fresh inspiration, you can incorporate different to your online music school. examples include:

  • Teaching church music online
  • Teaching children’s choir
  • Youth & adults’ choirs
  • Teach live video sessions using online meeting platforms
  • Choir, band & orchestra

How Much Can You Make?
$2,000 — $100,000/month
Average Initial Investment
$9,000
Skills
Business model

Case Study

A warm welcome to all the readers. Thanks to Starter Story for the encouragement and motivation by covering our story.

Definitely, music heals. It helps to improve concentration and memory. Usage of the left and right brain and coordination helps us to enhance our grasping ability. Yoga helps to de-stress and helps stay fit. Arts definitely helps us to unwind ourselves.

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

3. Start a guitar company ($100K/month)

Guitars are versatile, portable, accessible, and affordable musical instruments. Besides, guitars can be self-taught, or you can learn online.

If you are passionate about guitars, consider starting a guitar company. There are different entry points ranging from guitar production, guitar sales, and distribution company or even guitar repair. To start the guitar business, identify your target market, and create a business plan. You must register a business name and meet all the licensing requirements.

How Much Can You Make?
$3,000 — $100,000/month
Average Initial Investment
$13,250
Skills
Business model

Case Study

My name is Adam Klosowiak and I’m the cofounder and CEO of KLOS Guitars, a company that builds durable, portable, and great sounding sleek carbon fiber guitars and ukuleles.

KLOS Guitars launched on Kickstarter in June of 2015 and did $33k in sales that year. Now, four years later, we’ve shipped to over 70 countries and all 50 states and we’re doing over $100k per month in sales mostly on Shopify.

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

4. Create a voice recording platform

A voice recording platform can be used to edit, record, and repair audio.

Businesses use voice recording platforms to communicate with customers and provide responses 24/7. The voice recording software is connected to a telephone line and prompts the customer to leave a recorded message.

Therefore, creating a voice recording platform that can serve businesses and different organizations can be profitable.

The best voice recording platform supports MIDI recording & editing and offers a ton of effect plugins to enhance the voice recording quality and ensure appealing audio tracks. You do not need programming/coding skills and app development skills to create a voice recording platform. You can hire programmers to develop the platform from scratch.

5. Start a karaoke bar business

Karaoke bars provide karaoke equipment, so people sing publicly on a set stage. The karaoke bars are high traffic and can generate income easily compared to standard nightclubs. Karaoke bars feature basic lighting and giveaways to encourage singers and their participation and let the booze flow!

How Much Can You Make?
$12,000/month
Skills

Case Study

We are Kelli Bielema & Vanessa Resler and we run The AirScream, a mobile karaoke lounge in a vintage Airstream located in Seattle, WA. The AirScream is an experience like no other where we bring the trailer to your special event, park it & let the party ignite! Our customers are marketing and brand specialists who want a unique activation at their events that bring people together. We also work with event planners who plan corporate parties as well as private social celebrations like birthday parties and weddings.

We are new to the market and are slowly scaling up as we get comfortable with our processes so we can perfect everything before we debut to the public. Currently, we are operating focus groups with event planners & vendors, our friends & family and with upcoming pop-up events at select locations where we truly will experience The AirScream in the wild.

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

6. Start a music streaming app

Music streaming apps allow the consumption of audio content in different formats. The global music streaming market recently recorded a CAGR of 14.7%, and experts project it will reach $29.45 billion in the next few years.

The rising penetration of digital platforms and the growing use of smart devices are some factors boosting the market growth. Therefore, developing music streaming app in 2022 can be a great chance to make money.

How Much Can You Make?
$70,000/month
Average Initial Investment
$6,500
Skills

Case Study

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

7. Create an online course ($117K/month)

Online course businesses are one of the fastest-growing online business models. Creating an online course is an awesome way to generate extra income because it allows you to monetize the knowledge you already have. More people are taking online courses every day, and the COVID pandemic has accelerated that, with some online learning platforms having seen 15-folds growth in the number of users.

Another advantage is that these new platforms are so easy to use for instructors that you don't have to worry at all about the tech side of the business. You just need to focus on creating exciting content that is informational & engaging at the same time.

Starting an online course allows you to eliminate some of the huge costs associated with setting up a physical training facility, and it's a great way to reach as many people.

How Much Can You Make?
$350 — $3,735,000/month
Average Initial Investment
$4,297
Time To Revenue
150 days
Skills

Case Study

We are Christian and Rasmus Mikkelsen, also known as the Mikkelsen Twins online. We run an online education company where we help people to build an online book publishing business. The reason why we teach what seems like a random/kinda weird online business model is because it’s what changed our lives almost 3 years ago and freed us from the life path we were heading down (were in the middle of a business degree in community college and there was absolutely no hope for a truly happy and fulfilled life if we had continued to take that path in life).

Fast forward to today, our company is making over 6-figures in profit every month which is almost unbelievable for two 24-year-old (ambitious) idiots with just a laptop, wifi connection and a small team.

how-we-launched-a-120k-month-audiobook-publishing-course

8. Become a local event artist

Event artists make the audience more centered, increase event PR, attract new artists, and build a good brand profile.

Becoming an event artist is easier than you think. All you need to do is choose a niche and work on attracting foot traffic to the events. Be creative and work on your communication skills.

9. Become a music tutor ($70K/month)

Are you passionate about music or looking for a profitable coaching business? How about becoming a music tutor?

To start a music coaching business, decide your target audience and location and set your rates. You can meet new students through a community event, online, a music club, or target the local community. Set rates for your music classes and advertise your business to get as many clients.

How Much Can You Make?
$30,000 — $70,000/month
Average Initial Investment
$5,035
Skills

Case Study

Hi! I’m Jacques Hopkins, creator of Piano In 21 Days. My online piano course helps adults of all ages learn to play piano as fast as possible. Most of my students are people who never had the time or failed piano lessons before. Some are retirees who are excited about a new hobby but don’t want to wait years for results. Others are busy parents or professionals who need a low-pressure, flexible learning schedule.

My business brings in five figures every month, and I built everything from the ground up. I knew I had a unique take on piano lessons, but I had to learn everything about digital entrepreneurship and marketing in real time. It took a lot of effort, but it worked: I quit my engineering job and have been supporting my family this way for over eight years now.

i-created-a-480k-year-online-piano-lessons-business-with-100

10. Become a band manager

A band manager is a professional representative and advisor for a music band. The manager helps the artists build a successful music career, get them clients, and negotiate contracts on behalf of the band.

To be a successful band manager, you must have a passion for artist management. Fluency in the artistic language of music and relentless drive for music will help you perform well. To kickstart your career, you can practice with the local choirs or music groups. Then, you can diversify to established bands as you gain band management skills.

11. Become a sound engineer

Sound engineers assemble, operate, and maintain the technical equipment for recording, amplifying, enhancing, mixing, and reproducing sound.

To become a sound manager, you must complete an audio production course, music theory training, and sound engineering degree. To acquire these skills, you can attend a vocational school or degree program that trains and hands-on experience for your future audio engineering career.

12. Become a sound effects producer ($50K/month)

Sound effect editors recreate the realistic ambient sounds that films portray. To become a sound effect producer, complete a sound engineering course or a relevant course to earn sound designer skills. Secure an internship to practice and hone your skills.

How Much Can You Make?
$20,000 — $50,000/month
Average Initial Investment
$7,005
Skills

Case Study

My name is Aaron Hsu. I started Blerp in my junior year of college after I made the viral Shia Lebouf soundboard app. In the first few weeks after launch, we had over 100K downloads. It was at that moment I realized there was an opportunity to make a full sound sharing platform instead of downloading one off soundboard apps at a time.

Blerp takes a small cut of soundpack sales. We’re excited about bringing more ways for creators to monetize their brand and their most iconic moments.

my-college-project-inspired-me-to-start-a-240k-year-audio-sharing-platform

13. Start a music therapy company

Are you passionate about helping people cope with emotional and mental problems through music? Starting a music therapy company can turn your passion into a profitable business.

As a music therapist, you will work with people of all ages and use music to help them through emotional or mental problems, learning or physical disabilities, development disorders, life-limiting conditions, or other physical illnesses.

To start the music therapy company, consider earning a bachelor’s degree in psychology and register for clinical training or a supervised internship where you will harness your skills. To practice, you must pass the national board certification exam administered by a certification board for music therapists.

14. Become a music video director ($100/month)

A music video director is the head of music video production from initial conception to final editing. The director conceives of the video's artistic and dramatic aspects while instructing the music act, the technical crew, actors, models, and dancers.

To become a music video director, learn the basics of film-making with photography. Then, purchase filming equipment and produce amateur music videos to prepare you for learning the job.

How Much Can You Make?
Skills

Case Study

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

15. Start a music podcast ($20K/month)

Would you want to share your passion and music skills with other people? Or perhaps you are in a music career and looking for ways to expand your revenue streams? If you match these criteria, becoming a podcast host could be the perfect opportunity for you.

Podcasting is one of the fastest-growing mediums for online audio, and it's not expected to slow down any time soon. But unlike traditional radio, podcasts are driven by content creators passionate about sharing stories with their listeners.

One of the main benefits of starting a podcast is the minimal investment needed. All you need is a computer or phone with a microphone and a way to host it online. You can even create one on your website if you want.

How Much Can You Make?
$20,000/month
Average Initial Investment
$10,000
Skills

Case Study

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

16. Start an instrument repair business

If you have a high level of technical aptitude for instrumentation engineering, you can start an instrument repair and restoration business as a part-time job or a full-time business.

As an instrument repair professional, your normal operations will include buying spare parts and fixing or repairing faulty parts. Typically, repair specialists fix instruments for players from all walks of life, from beginners to amateurs.

How Much Can You Make?
Skills

Case Study

My name is Allen Chiang, and I founded Retro Radio Farm, where I repair and restore old radios. I offer Bluetooth MP3 upgrade if the customer wants to play digital music.

Right now, I make about $50K a year for the work I put in primarily on weekends. While it’s highly profitable, it has not yet lucrative enough yet for me to quit my day job. Although, the business has been growing 20% every year.

finding-and-repairing-retro-radios-turned-into-a-successful-side-hustle

17. Become a music app developer ($85K/month)

The music app developer is a programmer who creates apps for mobiles for both Android and iOS devices. The music app development business targets creating various apps that give musicians and their fans a user-friendly experience.

To become a music app developer, first, touch up on your skills. There are several courses available online. Once you obtain the certification, choose your niche and focus on your skill set.

Then the best way to showcase your work is to build a portfolio website where you will display your skills, projects, and testimonials. Another way to promote yourself is to create your brand and start a blog. This will, in turn, build a network, and you will be able to connect with people and attract more clients.

How Much Can You Make?
$10,000 — $100,000/month
Average Initial Investment
$153,350
Skills

Case Study

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

18. Become a dance choreographer

Dance choreographers create dance compositions and plans and arrange dance movements and patterns for dances, especially ballets. Choreographers also develop different interpretations of existing dances for an individual or group of dancers.

To become a dance choreographer, you will need to take training lessons. You may pursue a degree in musical theater and take relevant dance coursework. The training enables you to master different dance types and learn how to create dances.

How Much Can You Make?
Skills

Case Study

Turning a passion into a 6-figure business is the goal of many entrepreneurs, and Jennifer Sobel has made that happen.

She has taken her long-term passion for belly dancing and used her three years of knowledge in digital marketing to build a successful belly dancing coaching business online.

Her company is called TheBellyDanceSolution.com and she inspires hundreds of women to attain their positive body goals with the help of belly dancing.

Jennifer uses belly dancing as a tool to live a healthy and happy life and helps her clients live a stress-free life while guiding them to regain their confidence & self-esteem.

article

Listen to the full podcast on sidehustleschool.com➜

19. Become a music publicist

A music publicist is a professional who deals with media and public relations on behalf of a music group or a musician. An artist will consult the publicist before releasing any communications to the public.

To become a publicist, earn a bachelor’s degree in a relevant field, and develop strong public relations skills. You must have experience in media relations, client communications, crisis management, and press campaign development to serve effectively as a publicist.

How Much Can You Make?
$10,000/month
Skills

Case Study
  • Loren Gray is an American model with the number of over 23 Million followers on Instagram.
  • She is much popular on social media for her TikTok videos with $19 Million net worth.
  • She was born on 19 April 2002 at Pottstown, Pennsylvania.
  • She started posting on TikTok in 2015, at the age of 13.
  • Her height is 5 foot 8 inches, or 172cm on present.

article

Read the full story on popbuzz.com ➜

20. Become a song writer

A songwriter is a musician who composes musical compositions and writes lyrics for songs. To become a songwriter, you must start writing songs regularly and improve your creativity.

21. Become a conductor

A conductor is a music professional who conducts an orchestra, chorus, opera company, ballet, or musical group.

To become a conductor, one must possess relevant degree training in music. After completing the course, you must work under an attachment position to gain relevant experience. A conductor must hone sound music skills and have the ability to interpret various music styles effectively.

22. Become a voice coach

A vocal coach is a professional in charge of writing and producing vocal arrangements for four-part harmony and helping to develop counter melodies for a secondary vocalist. Vocal coaches also advise singers or bands on lyric writing.

To become a vocal coach, you must have much musical knowledge and experience. You should be able to teach singers how to sing correctly and how to improve their voices. A vocal coach should have training in teaching singing techniques.

Average Initial Investment
$1,000
Skills
Business model

23. Become a music producer

A music producer or a record producer assists an artist with their recording project. The professional focuses on bringing the musician's vision to fruition and guiding the sound.

To become a music producer, enroll in music lessons and listen to different styles of music from multiple eras. Then, learn an instrument so you can read sheet music. Familiarize yourself with the music production software and set up a professional music production and recording space.

24. Become a studio owner

A music studio owner owns the establishment where recording artists come to record their music. The music studio owner should have all the equipment necessary for recording. To ensure business success, the music studio owner should hire a trained studio manager to run the studio affairs.

25. Start an instrument rental service

Music reviewer engages in the analysis and interpretation of music work. To become a music reviewer, you need a certificate in a music-related field. Then you need to attend industry conferences and seminars to establish contacts with editors and agents.

Pat Walls,  Founder of Starter Story
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Pat Walls

I'm Pat Walls and I created Starter Story - a website dedicated to helping people start businesses. We interview entrepreneurs from around the world about how they started and grew their businesses.