How To Make Money From Songwriting

Posted by Mike Schuck

A songwriter is someone who writes or composes music, either for other people to perform as songs, or themselves to listen to as music. The term “songwriter” comes from the ancient practice of poets writing lyrics and music (lays) together to create poems.

The word “poet” has fallen out of use in common parlance, but the word “songwriter” still exists! It was probably more popular back then because musicians were not very professional and anyone could write their own songs, so it gave others a platform to do so.

Nowadays, however, there are many ways to make money being a songwriter. You can work alone or with several other writers and publishers as you produce your songs and launch them. Some become famous for what kind of style they write while others learn how to maximize revenue through marketing strategies and business skills.

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Many songwriters find success by collaborating with or offering services to other songwriters. There are even online tools that connect aspiring artists with opportunities to earn income via micro-jobs or full time employment.

Create a songwriting business

how to make money from songwriting

A growing number of people are making good money writing songs as a career. It is even possible to make enough income from it to cover your monthly expenses! While this seems like an outlandish statement, it is true for many professional writers.

There are several ways to go about creating a music writing business that will help you earn more money. You can start by picking a genre or area of music that you are passionate about and which has lots of opportunities to write songs.

Then, you can choose to be either a freelance writer which means you get paid per word written or a full time artist who is compensated according to how much material you produce. Many artists begin their careers as freelancers before transitioning into being part of a recording team or taking other creative projects outside of music.

The most important thing is to know what tools and resources are needed to succeed in the music industry. This includes things such as software, apps, and forums where you can share your knowledge and develop relationships.

Develop your musical skills

how to make money from songwriting

There are many ways to make money as a songwriter beyond being hired to write songs for other artists or companies. In fact, some of the best paid music writers in this industry don’t even have record deals themselves!

Songwriters who develop their musical knowledge and skill set can offer their services as a writer/producer for other musicians or as an artist and leader of your own project.

As you begin exploring different areas of song writing, look out for free events and competitions that reward creative content. These could include writing blogs, poetry, lyrics or even recording yourself singing a verse or two!

If you're more into composing, try taking lessons in music theory or composition. Both are great tools for expanding your songwriting repertoire and strategies.

There are plenty of resources available online and through community groups such as Song Writing Clubs which may be able to help connect you with like-minded people and opportunities.

Write great songs

Even if you don’t have much of a writing background, there are ways to make money as a songwriter. You can write your own material or create music for others to poach content from. There are many ways to get started with songwriting!

Songwriters earn royalties off their work and artists often look to writers to help them craft new tracks. It is not too difficult to learn how to be a successful writer either.

There are several courses and online resources that teach you the basics of songwriting. Once you have learned some fundamentals, then you can begin trying out your skills by offering your services to other musicians.

You may also choose to go into freelance composing where you offer your musical talents to various projects. Both types of artist need additional music sometimes quickly so it is best to be well prepared when opportunities arise.

Connect with other songwriters

how to make money from songwriting

As we mentioned before, being a professional musician doesn’t guarantee you will be able to make money from your songs. But one of the most important things that can help you is connecting with other like-minded people in the music industry.

There are many ways to do this, but one of our favorite strategies is hosting a writing get-together. A writing get- together is when two or more writers come together to share their latest ideas and write a short piece each.

After all of the participants have left, the rest of the writers collaborate on what they wrote and produce an album of new material. This way, everyone gets credit for their work and it helps promote friendship among the writers.

Writing get-togethers are not only good for promoting friendships, but they also give you another source of income.

Choose your perfect market

how to make money from songwriting

The first thing you need to do as a songwriter is determine what kind of product you want to produce. You can choose from three main markets: songs for TV, movies, or games, music merchandise, t-shirts, and more!

Songwriters get very creative with their products. A musician may write lyrics for a song that they then have someone else turn into a melody and record as a cover version. Or they might compose an instrumental track that people use in other songs.

The best way to learn how to make money writing songs is by studying successful artists and getting copies of their materials. There are many ways to make money writing songs!

Start off by choosing your ideal market and then finding out which genre/genres this market accepts.

Know your market like the back of your hand

how to make money from songwriting

As we mentioned before, being aware of what types of music is popular can help you determine if there are any opportunities in song writing. If there is not much demand for songs with lyrics that tell people how great they are or use metaphors or poetic language, then this could be your chance to make money as a writer!

There are many ways to go about achieving your goal of becoming an artist who makes a living from his or her craft, so do not get discouraged even when it seems impossible at first. This article will talk about some strategies for earning income as a singer/songwriter.

Create a website

how to make money from songwriting

After you have written your first song, it is time to start thinking about how to make money from writing songs! The best way to do this is by creating your own music site or platform.

A web-based music site gives you an online space to store your songs, manage your media, run advertising, and create accounts for the services that you want to use to make money off of your work.

The most common sites are Spotify, Soundcloud, YouTube, and Facebook. Each one has different features and levels in their membership packages, but the good news is that almost all offer some type of paid account option at least once you have reached the level of contributor.

This article will talk more about how to make money as a writer via sites like these. But before we get into those details, let’s take a look at what kind of income writers earn through their websites.

What are the average salaries for people who write for pay?

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This question was asked on Quora, so there are several sources available. According to one source, “the average revenue per musician is $2,000 per month with a total annual compensation of around $24,000.”1

That means that most musicians earn just over $20,000 per year. While this seems low, it is actually quite well paying if you think about it.

Find a manager

how to make money from songwriting

Finding a good manager is one of the most important things you will do as a songwriter. A great manager can make a huge difference in your career!

A music business professional (also known as a record executive, producer or manager) helps promote their artist’s songs by contacting media outlets like radio stations, magazines, and newspapers. They also manage an artist's schedule and work with other professionals like agents, publicists, and lawyers.

The more people that know about your talent, the greater chance you have of being heard for yourself, but also the better chances of finding success.

Agents are usually paid per contact they make on behalf of their artists, while managers are typically paid a percentage of income generated through engagements. The engagement could be performing at a show, making an album launch copy-pasted from the same source twice a month, or even having someone read your lyrics off the phone for an hour!

In fact, some top recording artists never hire their own private management team because they find it to be too expensive.

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