jallenmorris wrote:
A friend of mine has talked to me about starting a record label. He's got one person lined up to use his name, but I'm not sure when it will all happen or even if. It's more of a pipe-dream rather than an actual goal. I do know an MBA from a great school (+ current JD) will help me get a better spot in the organization if we start it.
If I don't do entrepreneuership, I want to do marketing. I'd rather be the creative person that comes up with some of the slogans, but I'm open to anything
I know lots and lots of people who have started record labels. Some succesfully, some not so. Before digital media became massive, new labels had very little power, it was down to the distributor, because they could select which labels to work with. Also artists are hard to recruit when you have porr distribution.
In todays web2.0 world, the business model needs to change. People expect music for almost free, so the income stream needs to come from elsewhere. I;m working on a few ideas (in my head) about this.
I've also got a couple more ideas... roughly speaking (without going into to much detail):-
1) Location Based Mobile Service
2) MMORPG based enterprise solution.
I'll probably be entetering the business case competitions when I start B-school. HKUST are quite competitive in this area, so hope to make some progress (plus its a science and technology focused university which means potential employees if an idea comes to fruition)