How To Become An Artist Manager
An artist manager, also known as a music manager or talent
manager, is the primary representative of an artist. They manage
the business side of an artist's career, allowing the artist to
focus on their creative endeavours. The manager's goal is to
promote the artist's career, secure opportunities, and ensure
the artist's success.
Understand Your Role: Managing Artists’ Expectations
In
the pursuit of becoming a band manager, one must understand what
role he or she plays in relation to the artist. The question
above in fact answers itself: a band manager handles the
artist’s career, and more specifically, manages and understands
the expectations of those artist’s. A competent music manager is
one who is able to identify all areas that may relate to the
artists career and administer them in such a way that directs
their career into success – whatever the artist establishes
success as. The goals are then unanimously identified in the
artists career business plan. So, to help achieve the artist’s
vision, it is the role of the manager to develop career
strategies. Asking questions like “We are making this career
decision to realize what goal?” is important to fully steer the
artistic career into a believable, achievable end result. And to
do that properly, one must be organized, meet deadlines, and,
above all else, passionately dedicated to one’s work.
Become
a Student Manager
Not many colleges and institutions agree that the hands-on/do it
yourself approach is the best way to learn how to manage an act,
and thus offer specific courses that direct the student into
finding a band to manage for the entirety of the school program.
This can be a great way to start as a manager because if any
mistakes are made, there is lesser backlash to the manager’s
reputation since he or she is considered to be in training. And,
as you will read below, the manager that has attained a positive
reputation in the industry over time has much higher chances of
working with talent he or she believes has potential.
Start
Your Own Company
By obtaining a comprehensive understanding of how the music
industry works; the artist manager is now gaining reputation in
the industry. Since a positive reputation earns someone
credibility, the manager with a good reputation is also
receiving positive attention and building greater respect. This
will allow for better opportunities to work with bigger and more
developed acts. Still, even for the young managers who are yet
to establish a name in the field, starting their own company can
be a perfectly adequate decision. Personally knowing an artist
can stimulate young entrepreneurs to start a musical talent
management company, and representing someone they already know
is, in fact, very common – most artists feel comfortable having
a trustworthy friend supervise their career. Before starting a
music management company, defining how much time and money can
be devoted to it is key, because, just like in any small
business startup, initial capital is necessary and it may take
several weeks for the company to start generating profit.
Network! Be Connected and Informed
Making connections and taking advantage of the “six degrees of
separation” principle to further increase one’s professional
circle is standard practice for the manager who wants to have
greater accessibility to industry tools in order to advance his
or her artist’s career. The manager who knows the best publicity
agent in the region, has worked with experienced event
promoters, and has built relationships with radio directors and
is friends with music supervisors is the manager who has access
to the key people who can influence and progress the artist’s
career. In fact, networking is such an integral part of being a
manager that there are many networking events designed
specifically for managers to connect with other music
professionals, as well as artists and other managers.
Managing an artist or band is a responsibility that demands
discipline, dynamism, and open-mindedness. Due to its
competitive nature, while it requires patience and determination
that is fuelled by a passion for the art, it can be a very
rewarding profession.
Negotiating
Management Deals
Negotiation is a key part of securing a management deal. The
financial aspects of talent management, including commission
rates and the complexity of management structures, play a
crucial role in these negotiations. Focus on important points
such as commission rates, contract duration, and the scope of
services. Be aware of red flags, such as unreasonable demands or
lack of transparency, and ensure the terms are fair and mutually
beneficial.
Maintaining a Good Relationship with Your Manager
A positive relationship with your manager is essential for
long-term success. Effective communication, setting clear
expectations, and addressing issues promptly help maintain a
healthy partnership. Building trust and mutual respect ensures a
productive and collaborative relationship.
How Artist Managers Get Paid
Artist managers typically earn a percentage of the artist's
income, known as a commission. The standard rate ranges from 15%
to 20% of the artist's gross earnings, though this can vary
depending on the manager's experience and the scope of services
provided. Some managers might also negotiate flat fees or
retainers, especially for specific projects or short-term
engagements.
Do's and Don'ts for Artist Managers
Do's
Do Stay Committed to Your Artist 100%
Building a strong relationship based on trust is crucial. This
enables you to stay focused on the artist's goals and
achievements, working together as a team.
Do Communicate Effectively
Communication between the manager and the artist is vital. Even
though the manager handles the business side, the artist must
remain in control of their art and creativity. Keep the artist
involved in all necessary decisions.
Do Create and Sustain Relevant Contacts
Establishing industry connections is essential. Even if you
don't have the relevant contacts immediately, work hard to gain
them. Networking is key to opening doors and creating
opportunities for your artist.
Do Understand the Industry
Stay informed about industry trends, market changes, and new
opportunities. This knowledge helps you navigate the complex
landscape of the music industry effectively.
Do Keep Learning
Continually educate yourself on new marketing techniques,
business strategies, and legal requirements. This ensures you
stay relevant and can provide the best guidance to your artist.
Don'ts:
Don't Try to Mould the Artist
There's a difference between artist development and trying to
change the artist. Respect their individuality and creative
vision. Only suggest changes if you believe they are vital for
their success.
Don't Make Decisions Without Informing Your Client
Making decisions without the artist's feedback or consent is a
poor practice. Always consult with your artist before making any
significant decisions to ensure transparency and trust.
Don't Lie to Your Artist
Honesty is crucial for developing a good working relationship.
Even if the news is bad, it's better to be upfront. Trust is
built on honesty and can be easily damaged by deceit.
Don't Overcommit
Avoid taking on more artists or projects than you can handle
effectively. Overcommitting can lead to poor management and
affect the quality of your work.
Don't Neglect Self-Care
Managing an artist can be demanding. Ensure you manage your own
health and well-being to remain effective in your role.
Don't Lose Sight of the Artist's Vision
Always respect and support the creative vision and personal
goals of your artist. They should feel empowered and understood.
Essential Skills and Qualifications
A successful artist manager needs more than a few skills under
their belt. Here are some essential skills:
Effective Communication: Comfortable dealing with everyone from
artists to producers, sponsors, and executives.
Leadership Ability: As an artist becomes more established,
leadership becomes crucial. Managers need to liaise with
senior-level individuals and delegate tasks effectively.
Marketing and Promotion: A good manager should be able to design
and deliver promotional campaigns, independently or via PR
teams.
Negotiation Skills: Even in the early days, selecting the most
lucrative sponsors and securing the best deals is pivotal.
Financial Sense: Basic understanding of finance is necessary to
manage the artist's finances effectively.
Navigating the Music Industry
Understanding
the music industry landscape is crucial for artist managers.
They need insights into every aspect, from live performances and
touring to recording contracts and executive negotiations.
Networking and Building Relationships:
A strong online presence is a good start, but an artist manager
needs to go the extra mile. Networking with music supervisors,
promoters, publishers, agents, and more is essential for finding
the best team for your artist.
Career Planning and Development:
Have the tools to get the job done, build trust with your
artist, follow your instincts, have passion, and take risks
together. Financial sense is also important; don't spend wildly
when you get that first big paycheck.
Being an artist manager is a demanding yet rewarding career that
requires a blend of business acumen, industry knowledge, and
interpersonal skills. By understanding the comprehensive roles
and responsibilities, maintaining ethical standards, and
following the essential do's and don'ts, aspiring managers can
effectively guide their artists to success and build a
sustainable career in the entertainment industry.
Artist managers are among the most respected and sought-after
professionals in the music industry. The best artist managers
can turn an independent musician into a global superstar.
However, there's more to this job than overseeing an artist's
schedule and securing deals.
Securing a music manager is a significant milestone in an
artist’s career. A music manager plays a crucial role in
overseeing and guiding the development of an artist's career,
including areas such as crisis management, financial planning,
and strategic growth. By understanding the role of a manager,
assessing your readiness, building a solid foundation, and
effectively networking, you can increase your chances of
attracting the right professional to guide your journey. With
dedication, strategic planning, and the right support, you can
navigate the complexities of the music industry and achieve
long-term success.
Get our training guide, This guide will provide an in-depth look
at what it means to be an artist manager, the key roles and
responsibilities, how they get paid, and essential do's and
don'ts.
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