Crowdfunding
has become an exceptionally useful tool for bands/musicians who are being held
back by financial woes (so…pretty much everyone). But before you get carried
away with daydreams of recording your opus on the dimes of your fans, you need
to give seriously pragmatic thought to how many dimes you ask for. Don’t ask
for the exact amount that you think you’ll need because other expenses are
always going to come up. Maybe you’ll have to go back and fix some backing
vocals that didn’t come out quite right, maybe you have a lot of fans in Europe
and sending them the album once completed will cost you what should be your
first couple hundred bucks in revenue. Your best bet is to aim for an amount
roughly in the middle of the bare minimum and the worst-case scenario maximum.
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