February 22nd, 2012

Lessons Learned – 2012, Week 2

As a self-employed musician, looking at your bank account isn’t the only indicator of how well your career is doing. It’s important to see yourself as a complete business. I learned about the importance of reflecting on your business each week from Dan Kennedy, in his book,
No BS Time Management for Entrepreneurs (affiliate link). Thank you in advance for all your support should you decide to purchase through my affiliate link.

Transparency is important to me, so I’ve decided to be as candid with you as I possibly can about my business, without compromising the privacy of any client, vendor, partner, sponsor, or organization that I have a relationship with. I invite you to give me your feedback below so that I can learn more about how to serve people better. Thank you in advance for taking the time to read this.

What I Know This Week That I Didn’t Know About:

My Business

I learned that I am doing much better financially than I realized. Sometimes, I get so busy, I easily lose track of how much money is in the bank, how much money I’m owed, or what bills are coming. My cash flow is way to often connected with my emotions. Over time, I am constantly putting more effective systems and habits in place to remove stress around money.

My Industry as a Whole

I learned that some of the smartest, hardworking people that I know are still caught up in a fairy tale about what success in music is. There is a difference between being successful and being a celebrity. One doesn’t necessarily have to do with the other.

My Competition

I’ve got some work to do this year in terms of my drum skills. They are always improving, but I really need to tighten up some key details in my playing.

My Clients as a Group:

I’ve been noticing that my clients have been treating me with more love overall.

My Top 10 Clients:

One former client is now back in my life as a client. They were one of my best paying clients and working with them again felt like home. The reason I stopped working with them years ago is because some boundaries were crossed (by me and them) and integrity was lost. We admitted where we were both wrong, clarified our expectations, and are both excited about working together again.

I invite you to give me your feedback below and be sure to check out the book,

No BS Time Management for Entrepreneurs (affiliate link).

As always, comments are welcome and encouraged. Cheers.
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About Mike Veny

Mike Veny has written 434 articles on this site..

Mike Veny is a professional drummer sponsored by Gretsch Drums, Bosphorus Cymbals, Toca Percussion, Gibraltar Hardware, Vic Firth Drum Sticks, Aquarian Drumheads, Gator Cases & a Member of the Board of Directors of the Fender® Music Foundation. He lives in New York City & has been happy playing drums since 1989. His current projects include recently playing drums on music for the Investigation Discovery Channel & performing with Sean 360x & the universoul spiRitual Ankhestra alongside Ramsey Jones of the Wu-Tang Clan family. Sean 360x is a MySpace chartopping artist & has been #1 on the ReverbNation Electronica/Dance charts for over 16 weeks. Mike also performs with Kim Oler, an Emmy Award winning composer for ABC’s All My Children, As the World Turns,The Tracey Ullman Show, and The Guiding Light.

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