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what's up it's eldridge today we're
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going to be talking about everyone's
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favorite topic and that is shmoney
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schmeckles bucks
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cheddar chicken benjamins dollars blue
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cheese money man there's so many words
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for it here are five proven ways to make
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money as a music producer right now at
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this very moment um and when i say
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proven i mean these are literally my top
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five streams of revenue that i currently
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make right now and that i have been
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making over the past couple years
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because i have been fortunate enough to
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make a good amount of money in music and
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uh i've been i was broke like three
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years ago so without further ado let's
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get into number one so number one is
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streaming so for the most part my main
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source of income has been streaming
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royalty so that's all my music on
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streaming platforms like spotify apple
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music amazon music whatever it may be
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and you may hear some discouragement
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when you're trying to get into this
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because they do pay very very little per
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stream
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but i've been fortunate enough to get so
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many streams that the tiny amounts add
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up you know i'm saying and how did i do
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this how did i get to this level well
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it's a mixture of consistency hard work
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and a little bit of luck so i talked
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about my come up story and exactly kind
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of how i got to where i am in this video
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right here about how i fell off but long
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story short i was posting music related
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content on instagram for years it
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started building up a following and then
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tiktok came around and as some of you
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may know i went viral a bunch of times
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on tick tock with a bunch of different
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songs and all those songs whether it be
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a remix or like a lo-fi instrumental i
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would always upload the instrumentals to
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spotify and that's kind of how i started
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building a following and building up
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this catalog of music at this point i
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have so much music in so many different
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playlists whether it's editorial
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algorithmic or personal playlists people
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just saving my songs that i pretty much
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can just maintain a decent living
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there's been some highs there's been
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some lows but right now i'm kind of
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coast in the middle and again i mostly
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do like lo-fi hip-hop instrumentals
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which is a very easy listenable
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playlistable kind of genre but that's
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not the only way to do it but you can
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upload any types of instrumentals as a
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producer or just music for anybody who's
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watching this as an artist but as long
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as you can connect it to some kind of
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viral content put yourself out there on
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tick tock whether it's remixes or just
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sampling certain things as long as you
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have a decent marketing plan and you're
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on all the social media platforms you
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can start driving traffic to your
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spotify apple music whatever you want
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now let's move on to number two which is
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brand deals slash youtube but i just
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want to say overall content creation
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once you start building a following on
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all these different platforms eventually
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brands will start reaching out the more
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subscribers followers views you get
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that's the more that these companies
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will pay you and this is a decent chunk
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of my revenue as a producer but again
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this also relies on you being consistent
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creating content and all that kind of
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stuff as some of you may know when i
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first popped off with that disneyland
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video where i sample sounds at
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disneyland and it went super viral on
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twitter
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right after that the car company honda
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reached out to me out of nowhere and
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they paid me like six thousand dollars
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to go to their dealership and sample
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sounds around the cars and make these
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little holiday jingle lo-fi beats and
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then right after that like right off of
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the buzz of that same disneyland video
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samsung reached out to me flew me out to
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ces in vegas paid for the hotel and
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everything and they paid me like nine
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thousand dollars just to do a similar
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thing i went around i was like a i was a
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big time influencer bro i had to post
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instagram stories tweets and a youtube
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video and i sampled some sounds around
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the samsung exhibit or whatever which
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was a great experience because i've
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always wanted to go to ces i'm a tech
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nerd shout out to my guys out there
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mkbhd and all that and also to note at
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that time i didn't have like an agent or
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a manager or any negotiation skills or
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anything like that so pretty much they
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just kind of ask you what's your what's
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the budget what's the price and i just
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gave them the numbers out of thin air
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almost but that being said all both of
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those opportunities just came from that
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one video that i happened to post on
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twitter which by the way i wasn't even
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gonna post on twitter like it was for
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tick tock but hey and that's not even
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from youtube once you start getting a
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certain amount of views and subscribers
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you get paid off of youtube ads directly
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from youtube now for me that's probably
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one of my lowest streams of income but
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it's there and then also as a producer
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you know there's plug-in companies
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different types of music companies that
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will reach out and pay you to promote
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their product for them and honestly you
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don't even have to be like a huge top
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level youtube producer like as long as
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you have a community of people a few
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hundred like a few thousand views you
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can still make these companies money and
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they know that and they'll pay you for
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that which brings me to number three
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making your own products so once these
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brands are hitting you up and you
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realize you're making them money you're
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gonna it's gonna click into your head
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like huh
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if i can make them money why can't i
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make myself money and that's when
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producers start to make their own
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products like sample packs or plugins
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you got legends in the game like decap
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with his drums at knox series making the
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big bucks you got bigger youtubers like
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simon cerveda kyle beats simon savita
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has a plug-in he has a chorus and he has
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sample bags whatever it may be
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consultations anything as long as you
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got a group of people that trust you and
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you have knowledge to give value to
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share you can start selling your own
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products and again for me this isn't
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even a high priority
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um revenue stream for me but that being
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said my lj drum kit series does do very
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well for me when i drop it but when i'm
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not dropping that i mean to be honest
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though my website prodbyeldre.com it
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brings in at least one to two thousand
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dollars a month without me really having
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to drop anything new it's kind of just
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like all the youtube videos i have
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promoting sample packs on the website
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just kind of all trickles and now i have
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this somewhat passive income that you
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know i drop new stuff make a little
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cheddar here and there but it's still
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nice to have so imagine if i dedicated
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my time to this and this was my top
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priority the possibilities are endless
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on that note let's go to number four
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sync licensing sync licensing if you
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don't know what it is it's pretty much
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just getting your music in like tv
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movies and commercials and stuff like
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that i've done some work for like
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commercials
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uh tick tocks social media ads and stuff
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like that and with this there's a huge
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range of like how the payment goes like
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you can go from being paid really low to
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be being paid like a really fat check
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because i know for me for transparency's
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sake i've been paid anywhere from like
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1800 to 15 000
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for a certain project and for me this is
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kind of like a back of the mind if the
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opportunities come they come type of
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situation so imagine if you were someone
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who dedicated your entire life to this
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line of work i'm sure you could be
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making some big bugs and that brings us
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to number five
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i saved this one because it could be a
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little controversial but number five is
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nfts so the reason why i saved this for
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the end is because the nft space is
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super new it's really confusing for a
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lot of people there's a high barrier to
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entry because you kind of have to know
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what you're doing you can easily get
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scammed there's there's a lot of cons to
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it but the pros the pros are very high
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as well so a little back story earlier
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this year i started a music slash art
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nfc project with my guy cody a banks
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called lo-fi guys so we built a really
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cool community really cool project in
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the first couple of months we've nearly
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made half a million dollars which is
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like
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insane bro like i'm telling you insane
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so but the reason why i put it low on
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the list even though like it's made me
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more money than like
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anything else i've ever done in such a
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short period of time is because it's
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it's it's not easy to get into like i
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would just want to give a huge shout out
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to my guy cody like the art for this is
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really fire and eye-catching and you
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know i just kind of have a know-how with
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like marketing or whatever it may be so
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we ended up building something really
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cool together but that being said it
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almost all kind of relies upon the web 3
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culture which is kind of like it's more
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of a like investing space where it's
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kind of like you got day trader type
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people and you know a lot of fomo and
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everything you do in that space is based
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on how the market's doing so
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back when we made the most of the money
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when everything was super fun and going
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crazy was when ethereum which is the
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cryptocurrency that the nfts are made on
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it was high it was like almost at its
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peak at the time that we started and
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then towards like our third round of it
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the market crashed so just the simple
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fact that the value of the currency
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really fluctuates that really controls
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how much money like usd that you can
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make from this and when the market
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crashed a bunch of people lost a bunch
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of money a bunch of people left the
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space and now if you're gonna start a
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new project it is a lot more difficult
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to get it off the ground and do
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something crazy successful but it's such
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a huge chunk of my income from this year
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i had to let you guys know that if
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there's somebody out there that has an
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insane idea that could change lives or
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just really knows what they're doing and
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you get inspired by this then go for it
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but just use caution that's all i'm
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saying it's not a get rich quick scheme
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but you can get rich quick so do what
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you want with that information but yeah
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i mean that kind of wraps up my top five
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things that i currently am actually
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making money from but there's a ton i
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mean i've done videos on it in the past
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like i started selling beats on beat
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stars you can you can sell beats you can
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work with artists you can get placements
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you can do work for higher work if you
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play guitar if you play piano you can
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make samples for a living you can go on
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fiverr there's a lot of opportunities on
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fiverr you can be a guy that plays
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guitar on other people's tracks a few
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hundred dollars a time but the whole
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point of this video is just get creative
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don't let anybody say like oh you can't
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make money in music because it's
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definitely possible but it is very very
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hard and a lot of the things i mentioned
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are all based on being someone like me
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who is very content savvy i would say
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like i've been making videos like
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forever i have a lot of know-how with
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that kind of stuff so if you're somebody
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who doesn't like being in front of a
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camera and creating content
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a lot of these things that i said here
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that i'm making money off might not even
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apply to you but that being said if you
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really want to make money you might want
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to get on camera so take what you want
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from that info but yeah i think that's
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it that wraps it up so thanks for
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watching if you guys would like to help
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me continue make money go on my website
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cop some sample packs stream my music i
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can't do it without you guys so thank
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you guys for paying my rent i appreciate
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you guys i love you all and hopefully i
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can come up with some more ideas for you
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guys to make money and maybe we'll make
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some money together who knows but
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peace out um stay positive22294
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