Wednesday, May 13, 2009

Looking forward, looking up

OK, I admit it.  I've been avoiding my blog.  Avoiding it.  To be truthful, I didn't want to seem complainy or publish my fears and disappointments.  Let's just say I hit snags with finances for the business and for my project, with the web design firm overseas and have hit more setbacks.  I don't know how I ever thought I would get a CD done in 2 months, though I also didn't set out to create a record label along the way.  Therefore I didn't plan to become the CEO of said record company or - gasp! - to sign other artists!  Yet here I am, on the verge of doing just that as well!

My graphic artist, Valerie, and I have collaborated to come up with an awesome logo concept and a look for the site that is awesome, and lovely, and inspiring!  I can't wait for the site to launch!

My assistant and I are looking at possible office spaces.  It's a scary thought, but I am open to the possibility of having an office, and office hours!  It's hard to contemplate such a high monthly cost without knowing what the monthly income from the business will be.  That's why I'm thinking about it.

Meanwhile I'm working on a business plan and may be able to secure help writing a good one.  I think my business model has a lot of merit because the approach is well rounded and there are so many avenues of income:

CD sales
CD downloads
Demo downloads
Individual song downloads
Songbook downloads
Individual sheet music downloads
Guitar tablature downloads
Choral sheet music sales
Licensing to other artists
Merchandise sales
Advertising

When I went over this at the bank, I had several bankers just shake their heads in awe and tell me they've never heard such a good business plan, and they were falling all over themselves to help me.  Not only that, they can't wait to see the site and get their hands on the CD!  One of the bankers even plays the guitar and might be helping me out!

Despite being down for the last little while and wondering if I will ever make this dream a reality, I've come to the conclusion that the Lord brought me to it, and he'll help me through it.  He will make a way. 

My husband, Shane is an enormous support.  Of course he's hesitant about basically any financial risk, but he's neck and neck with my mother for #1 fan!  I can't tell who's winning that race - probably still my mom but he is one determined and dedicated guy!

I will be updating weekly, at least.  Please leave a comment or send me an email - I need the encouragement!