Passive income is the Holy Grail of income types, but it’s something that eludes most audio entrepreneurs. Most of us simply trade dollars for hours.
One way to start building passive income is to venture into the world of sync licensing. The issue, however, is that it’s rapidly-changing, hyper-competitive, full of pitfalls, and a complete
“black box” for the average audio engineer.
In this episode, we interviewed the CEO Soundstripe – a rapidly-growing micro sync licensing platform. He helps break down the wall of confusion and helps us make sense of what’s working in today’s world of sync licensing.
Click the play button below in order to listen to this episode:
Quotes
“What we saw was this opportunity that the bigger companies didn’t see, and that was, everybody with a camera was now a filmmaker.” – Travis Terrell
“I would say that the vast majority of our listeners are creating songs with vocals in them, so it’s interesting to know that if you mute the vocal then suddenly you have two products. The song itself that you’re marketing to listeners and the instrumental that you could be marketing to sync licensing companies.” – Chris Graham
“Stop waiting on motivation to hit and focus on habit. Focus on those 5,000 words per day if you’re Stephen King or that one song per week if you’re a sync licensing artist.” – Brian Hood
Episode Links
Websites
456 Recordings – www.456recordings.com
Chris Graham – www.chrisgrahammastering.com
Soundstripe – www.soundstripe.com
Courses
The Profitable Producer Course – theprofitableproducer.com
6FHS Free Website Course – https://academy.thesixfigurehomestudio.com/
Facebook Community
6FHS Facebook Community – http://thesixfigurehomestudio.com/community
YouTube Channels
The Six Figure Home Studio – https://www.youtube.com/thesixfigurehomestudio
Casey Neistat – https://www.youtube.com/user/caseyneistat
6FHS – podcast@thesixfigurehomestudio.com
Blogs
Travis Terrell – http://www.travisterrell.live/
Music Licensing Companies
Soundstripe – www.soundstripe.com
Marmoset – https://www.marmosetmusic.com/
Pond 5 – https://www.pond5.com/
Music Bed – https://www.musicbed.com/
Artlist – https://artlist.io/
Epidemic Sound – https://www.epidemicsound.com/
Performing Right Organization
ASCAP – https://www.ascap.com/
BMI – https://www.bmi.com/
SESAC – https://www.sesac.com/#/
Books
The Lean Startup by Eric Ries – https://goo.gl/NAXCT1
Podcasts
Ep. 35: The Secret To Happier Clients, Fewer Revisions, And Faster Projects – https://www.thesixfigurehomestudio.com/the-secret-to-happier-clients-fewer-revisions-and-faster-projects/
People
Miles Davis “Kind Of Blue” – https://goo.gl/DCojwf
Stephen King – https://www.stephenking.com/
Jim Collins “20 Mile March” –https://www.jimcollins.com/concepts/twenty-mile-march.html
