How Recording Studios Can Get (and Stay) Out Of Debt

Brian and Assistant to the Regional Manager, Chris, discuss a big topic for people worldwide: debt. Many people struggle with debt, and Brian and Chris have had their fair share of experience on the topic. They give their advice on the matter so you can learn from their mistakes.

In this episode you’ll discover:

  • Good debt vs. bad debt
  • Why you should not buy gear you can’t afford
  • How taxes can bite you
  • How sports relate to finances
  • What you can do to get out of debt
  • Why we gravitate towards things we’re good at and ignore things we’re bad at
  • Why you should get credit early… and use it responsibly
  • Why you should audit your expenses regularly

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“I believe if you are charging someone for a college education, you are obligated to share the placement rate for people who have the degree. The placement rate for any sort of audio degree right now is not very good. . . I would guess it’s probably somewhere around a philosophy degree or a dance major. Not very high. .” – Chris Graham

“It (a line of credit) is like an accordion. You can use it either way; you can put money in or you can take money out of a line of credit, versus a loan where if you put money in you cannot get it back out. That works really well for entrepreneurs like us.” – Brian Hood

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Related Podcast Episodes

Podcast Episode 45: How Studio Owners Are Multiplying Their Income And Minimizing Their Headaches Using The 80/20 Principle –

Podcast Episode 51: Why Are Audio Engineers So Bad With Relationships? –



Integrity by Dr. Henry Cloud –



Mint –

Quickbooks –

GoDaddy Bookkeeping –


Dave Ramsey’s Envelope System –

Automatic Episode Transcript — Please excuse any errors, not reviewed for accuracy

Raise Your Rates With Confidence

This free guide gives you rate benchmarks for a number of services–including recording, mixing, mastering, reamping, drum editing, guitar editing, and more!

Also included are The 5 Rules of Free Work. Follow these five rule EVERY SINGLE TIME you do free work, and you'll set yourself up for success.

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