Posted by RuthW on 01/09/2019
Musicians are responsible for adapting to our rapidly changing music industry. In addition to artistry, professionalism, and social savvy, 21st century musicians need resources to thrive financially. Record labels, promoters, radio stations, booking agents, music schools, and industry gatekeepers are slowly giving way to a new breed of musician who takes control of their career and future by learning how to build websites, implementing marketing strategies, recording, mixing and mastering their projects, building businesses, filing their taxes, and most importantly managing their finances.
The “Starving Artist” stigma has plagued creatives ever since Henri Murger published Scènes de la vie de Bohème in 1847 romanticizing poverty among artists. The book was later adapted into the opera La Bohème and spun off into films including Rent and Moulin Rouge. The widespread attribution of “the bohemian lifestyle” onto creatives would mask incredible stories of wealthy artists such as Michelangelo and Shakespeare. It’s a shame creative communities across the globe harbor toxic mentalities amongst themselves and mislead students of the future.
Creatives, specifically musicians, have the power to thrive no matter their circumstances or upbringing. My clinic aims to provide attendees with resources for improving their financial awareness and mindset. For many struggling musicians, money is a sensitive subject that brings with it feelings of scarcity and shame. A healthy financial mindset serves as a foundation from which they choose how to live, invest, and create their art free of financial anxiety.
1. Shared Experience: Anecdotes of Financial Struggle
2. Money in Society: What is Money? Understanding what money means to us as a society and as musicians is the starting point to taking control of our lives and careers.
3. Mindset (Money, Music, Career, and Life): Our mindset is our most valuable asset. Adjusting our mindset can lead to finding our purpose, understanding passive and active income, knowing our worth, and more.
4. Mental Health: Sleeping, Eating, Time-management, Physical activity, and Therapy are the baseline for a healthy lifestyle and career.
5. Business: Treating our careers as a business will in fact allow more creative freedom. The importance of relationship building, how to finance an album or project, and accessing multiple streams of income are a few ways to succeed in this regard.
6. Taxes: Dispelling myths regarding taxes and freelancers.
7. Saving & Retirement: These are our rainy-day emergency funds and future nest eggs. Starting early is imperative, the power of compound interest is unmatched.
8. Investment: We make decisions to purchase liabilities or assets daily. A basic knowledge of these terms and their consequences are key to making financial decisions.
9. Educational Tools and other Resources: Knowledge is more accessible now than ever before. Books, podcasts, and online schools are plentiful.
Spenser Liszt – Thriving Musician:
For over 12 years, Spenser Liszt has served as a freelance saxophonist, performer, composer, woodwind specialist, marketing coordinator, contractor, curator and educator based in the Dallas/Fort Worth Metroplex. His work ethic and passion for collaboration has led him to perform and record with many groundbreaking artists, including Aretha Franklin, Father John Misty, Frankie Valli and The Four Seasons, The Temptations, Deon Estus (George Michael,) BNQT (Midlake/Franz Ferdinand,) Prophets and Outlaws, Larry Joe Taylor, Miles Okazaki, John Clayton, Terrell Stafford, Erin Dickins, Rich Perry, Peter Erskine, Mike Stern, Frank Wess, Wayne Bergeron, Denis DiBlasio, Shelley Carrol, Roger Boykin, Lars Jansson, Stefan Karlsson, Steve Wiest, Frank Mantooth and renowned nu metal band Korn. He toured as the baritone saxophonist with UNT’s Grammy-nominated world-renowned One O’clock Lab Band and was featured on their releases Lab 2013 and Lab 2012.
Liszt is credited on more than 30 albums to date. Liszt studied classical saxophone with Don Fabian at Southern Methodist University and holds a Bachelor and Master of Music in jazz studies from the University of North Texas under the apprenticeship of Brad Leali. He has taught privately and/or provided clinics and masterclasses at The University of North Texas, Eastfield Community College, Booker T Washington High School for the Performing Arts, Wichita State University, Southlake Carroll High School, Sherman High School and more. Certified in various marketing techniques, Liszt serves clients including Lone Star Wind Orchestra, The Funky Knuckles, AMP Trio and Song Dynasty.
As the founder of Thriving Musician, his mission is to drastically improve the lives of musicians by teaching financial awareness, mindset, and music business through clinics, courses and coaching.
Owner and founder Thad Bonduris carefully selects instructors based on professionalism, prestige, and presence in the community. All of our instructors are professionally trained, love what they do, and are passionate about teaching music. They are also experienced performers who regularly play with various bands and ensembles throughout the DFW metroplex and beyond.
Our catalog is for information only. Please contact us to coordinate purchases directly from the artists under their terms and conditions. Dismiss