10/90 Rule: This is how you make money in the biz…

10/90 that’s it.  That is all you have if you want to make a living in your business, whatever that may be.

Oh what is the 10/90 rule? It is a simple ratio…out of all your fans/clients/followers you can expect that 10% of them will monetarily support you…that is it.

That is why we as artist and/or entrepreneurs have to stay on top of our games and truly cater to and value our fans.

That is the importance of trying to gain a larger audience…within your niche. Think of it in these terms if you have a total of 50 fans, only 5 will contribute an artistic donation…but if you had 5000 fans, thats 500 that will contribute to your well-being.

Here are 8 tips to help you maximize the 10/90 rule within your band/brand/company..

1. Think Niche

2. Serve your needs first

3. Stand Out

4. Craft a Story

5. Embrace Technology

6. Delegate  

7. Never Stop Learning

8. Be A Work in Progress

For more details on the above tips check this article out

Hope this was helpful…

As always…lets check out some good music…lets see…

I posted this track a few months back when it leaked online..but here is Big Boi with Shutterbug (official video).  By the way get his new album  Sir Lucious Left Foot: THe Son of Chico Dusty

Printing These Thoughts To Tape,

L.Byrd

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