Sync Licensing: The Gateway To Passive Income For Audio Entrepreneurs – With Travis Terrell

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:

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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

 

Email

6FHS – podcast@thesixfigurehomestudio.com

 

Blogs

Travis Terrell – http://www.travisterrell.live/

 

Music Licensing Companies

Soundstripe – www.soundstripe.com

Marmosethttps://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 Rieshttps://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

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