Friday, November 23, 2012

Why the Art of Negotiation Is Essential To a Career in Music Part II: Establishing Your Criteria




, here is my next installment on negotiating a better deal for you and your band. I understand that some of you are still the type you jump on anything that comes without question, but why? Why are you so eager to take any little gig that comes? I know some of you make the long haul to LA from the IE for some little bar gig where nobody could care less what you play and somehow you think it will launch your LA career but it won’t. Now, if that little place is willing to pay you, it’s a different story. Now, let’s talk about how to determine whether or not the gig is worth it be examining a few steps. Here are the three main components to negotiation:

Step One: Research
Gather as much info on the venue as you can. How far are they? Do they pay? What bands have [played there? Find out what kind of reputation they have and ask other bands who have played there what their experience has been. The more information you have on a place, the better your chances are during negotiation. Also you need to be digging for further info when you are in the negotiation process and get to know the owner or booking agent as much as possible when you do

Step Two: Establishing the Criteria
Have you determined what it is that your band needs andwants? What does the venue want? Have you fully examined how each of you can fulfill the needs of the other and what are you willing to compromise on to reach a suitable agreement? This is very important to establish right of the bat.

Step Three: Reaching an Agreement
At this point you need to fine tune your understanding of the contract and this is where the criteria you have established and your information comes into play and each of you work out the finer details of your arrangement and always remember; the goal is for both parties to come out feeling as if they have gotten what they wanted.

It is very important that you be willing o walk away from the negotiations if you are not going to get what you want, despite your eagerness to perform. This is how you establish yourself worth and the more you do that, the more value you will project.

This reminds me of my hero Howlin’ Wolf.  among my reasons for admiring him was his dedication to his band mates. He was their leader and what made him so effective was his ability to ensure they were taken care of. He understood what it meant to stand up for the needs of the band and what they required to be satisfied and he would not do anything to compromise on that. This ensured that each and every performance was top notch because everyone was happy.  Keep that in mind as you enter into your negotiations and you will be a far better deal maker.


Part III


Ref.
http://performingbiz.com
How To Be Your Own Agent-Jeri Goldstien

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