My American Benefits Plan - Using Unemployment $$ To Start A Music Business
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Using Unemployment $$ To Start A Music Business
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Walt Ribeiro
Composer, Pop Songs Arranged For Orchestra
http://ForOrchestra.com
Interview Highlights
2-3 years ago he was laid off and decided to start his music composition business.
He was working for a music award company and they had to downsize because of the economy.
His business arranges popular music for different orchestras around the world.
He has always been involved with music.
He feels that you should always be involved with what you love.
For example, he arranges Lady GaGa and the music for a full orchestra like the Boston Pops, over 100 musicians.
They do about one song a week.
New music and new ideas appeal to new audiences.
Most orchestras play the same music every year and are losing their audience.
You can imagine if the movie theaters played the same movies every year.
He sells the sheet music to orchestras around the world.
He puts a sample on iTunes.
He was originally a guitar performance player in school until he got carpal tunnel syndrome.
That is when he started writing; he changed his major from performance to writing.
He was giving music lessons on the Internet and that became popular.
He started all of this with government money by using his unemployment checks.
This is a legitimate thing to do with his unemployment money.
He had to report on his business to the unemployment people every few weeks.
He started making enough revenue about the same time he ran out of his unemployment money.
It was all legal.
People seem to look at unemployment money as a source of revenue to start a business.
If he was not getting unemployment money he would have not been able to start his business.
What's cool is when you get that first sign that things may work out.. when that first customer gives you money.
You have to be the best you can be every week in business.
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