My #7daystartup Day One

So, yes I’ve been inspired to launch yet another project.  It never gets old, right??

Dan Norris, CEO of WPCurve.com and entrepreneur/author wrote a book called “The 7 Day Startup: You Don’t Learn Until You Launch”.  In this best-seller, Dan talks about the many businesses he started and the lessons learned along the way.  The culmination of his journey is a blueprint for starting a business in 7 days.  Now, I’ve started several businesses and 7-days seems ridiculous.  However, after reading through the book and understanding his approach, it makes a ton of sense. Especially, for businesses that are internet-based where you can get a ton a feedback in a short amount of time.

So, I’ve been thinking about this new project for some time and after talking to a few people in his Facebook group, I’m launching this new idea.

What’s the idea? Since that is the purpose behind “Day One” in Dan’s blueprint.

My ideas is this: stock music membership site

What is “stock music?”  It’s the background music you hear in many different mediums when something is playing in the foreground. For example; TV Commercials, intro music for podcasts, music behind product videos, etc.

The producers of these works usually have a musical connection somewhere.  They either have a roster of music producers who they can tap for custom music.  Or, they search online marketplaces, such as audiojungle. Or they hire a musician and co-produce a customer piece of music.

Well I happen to have hundreds of recorded works that fit into this category.  Some of the recordings will be used for actual songs that I will put on a future album, but those are the “special” ones.  90% of the songs ideas are snippets.  So, why not offer these as stock music?  Seems like a viable idea and it’s exciting to considering putting these pieces of music out there.

There are several unknowns at this point:

  • will I be able to generate enough traffic to the site to sell anything
  • how much time is required to finish these recorded works to be usable
  • should I offer them with Creative Commons License or standard copyright?
  • how should I price the membership?  annual or monthly? lifetime?
  • should I sell tracks individually?

I will be answering these questions and many more over the next 7 days!

Here are my notes from going through the “nine elements” exercise:

Screenshot 2014-12-11 21.59.41So that’s day one – establishing the idea.

Published by

mechlin

Songwriter, Dad and Entrepreneur. Always creating and sharing music. Team builder.