Study Hall

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Business Savvy: Why Are You In the Live Sound Business?

Clarifying your business mission statements.

Each audio person has a unique set of experience, education, aspirations, and motivations, different from everyone else.

Consequently, each of us is likely to answer the “why” question a little differently than the next person. What makes us tick? What motivates us?

How does the answer to the question “Why am I in the audio business?” relate to my career and business plan? Let’s explore the issue of defining your audio business mission, vision, and values.

Five Motivations

Whether full time or part time in audio, your motivation is likely to fall into one or more of the following categories:

1. Make a living. This ranges from “pay the bills” to “get rich.” Some people are motivated primarily by money or financial need.

Everyone needs some source of income. For those of us who are not already independently wealthy, the prospect of making a living doing something we love (like working in audio) is attractive ­ a positive motivator.

2. Fulfill a dream. “I’ve always wanted to do something in audio,” or, “If only I could be in the industry doing sound full time…”

Some of us may want to see the names of our clients on the marquee, on records or in the Billboard charts. Others aspire to business or technical support roles but still desire to be involved in audio as a career.

3. Create a legacy. “When I’m gone I want people to remember my work (or influence on the audio industry.)”

Looking a little further into the future, some of us are motivated by the idea of creating a company or a body of work that takes on an identity or a life of its own.

4. Benefit other people. “Take care of my family,” or, “Inspire others…” Some of us focus on our immediate family and friends while others are driven to benefit the broader industry, community, or society as a whole.

5. Adrenaline rush. “There is no other feeling like the energy coming from a crowd during a show.” This applies whether you are on stage, backstage, or in the audience, and it can also be a positive motivator.

A possible sixth category is “all of the above.” See how this sounds to you: “I’ve always wanted to do something with audio that will benefit mankind ­ the big audience out there.

If I’m successful, I’ll make a good living along the way and be remembered as a positive influence on the world.

When I hear the applause during a show, I remember what it’s all about ­ great music and great sound.”

Sound idealistic? Maybe so, but a whole lot better than, “Oh well, I might as well get a job in the live sound factory because it’s better than working the counter at McDonald’s for minimum wage all my life…”

Profit Fundamentals

Here’s a simple formula that drives all businesses: revenue minus expenses equals profit.

Profit is simply the money left over after a business pays the costs of doing business.

If you’re essentially a one-person sound business, profit also represents the money that is available to pay for life: food, housing, clothing, recreation, education, etc.

Some audio people are put off by the concept of profit, feeling that the idea of having something left over after “working hard for the money” is evil, tacky, lowlife, non-artistic, anti-art, or whatever pejorative word comes to mind.

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Live Sessions: Studio Mics For Live Recording

Here are some observations on this situation, gathered over a 30-year period.

• Unless you’re independently wealthy (some are, but relatively few), the need to make money is a motivator for live sound people.

• The general public buys concert tickets, records, merchandise, and related material created by musicians ­ and supported by audio people and promoted by the industry.

Fans “vote with their pocketbooks,” meaning they buy what they like and come back to the shows, venues, and acts that they enjoy on a repeated basis.

• To judge whether a specific musical performance is “good or bad” from an artistic standpoint is largely subjective.

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Celebrating over 50 years of audio excellence worldwide, Audio-Technica is a leading innovator in transducer technology, renowned for the design and manufacture of microphones, wireless microphones, headphones, mixers, and electronics for the audio industry.