Karan Beghi


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Karan Beghi is a British entrepreneur. Karan started Musicspace in 2019 and is based in London.[1]

Karan Beghi, founder of MusicspaceKaran Beghi, founder of Musicspace

Company

Musicspace

Twitter

@Karanrbeghi (333 followers)

Instagram

@Karanbeghi

Career

Early Career

No early career info added yet...

Musicspace

Karan started Musicspace in 2019. They detail the beginnings of their company in their Starter Story interview: [1]

Q: How did you get started on Musicspace?

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.

I came up with the idea for Musicspace in September 2019 when I asked an artist I worked with, “Can you send me the lyrics for your song?”, to which he replied in a voice note saying, “I never wrote them down… I’ll re-write them later and send them to you”. This spurred me to ask others how they managed their music catalog metadata (information related to their songs). To my surprise, I found out people were using everything from Word documents to store their information (in a horrible format), to having lyrics and broken pieces of information stored in the notes app on their phones. What happened if their information wasn’t backed up and their phone broke? Hmmm…. This was my calling.

I conducted the quickest product-market fit questionnaire ever to my audience of thousands of followers, asking if a simple catalog platform would be valuable to them, of which 90%+ responded saying “yes”. Additionally, I asked how many people actually stored any of their track metadata, to which 50%+ responded with “No”. I knew I had to act fast.

Source [1]

References