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| quote: | Originally posted by deadmau5
well normally, i stay away from this shit..but... what can i say, i love Toronto too much! but i kinda feel the need to dispell the weath illusion here...
making music alone, has been nothing but expensive. i mean, all the gear, software, space to do it in... etc. and thats just the tip of the iceberg really, because then you have the costs involved in getting that music out... production costs, management fees, paying your employees of course, legal fees (happens unfortunatley), not to mention the all around fees involved in just running a label... and thats just the music part... and i thought it was manageable... at least until the tour bits hit! man, you really need to dosh out.. conservatively i'd say 86% of your gross back into things like flights, hotels, logistics, shipping, booking agents cuts, a tour manager to accompany you and all his expensees... the list seems to go on forever.
i guess a good example for me would have been my show at the fillmore in NYC.... or WMC... hell, i walked out of that shit in debt!
but you know what, if wealth means... being able to create something, and have a self sustainable business, even if a profit margin is extremely minimal... AND everyones having fun... then fuck it. im having a great time then.
i cant say what the future holds for me, but if it puts me back on the ground to say this, im constantly worried about making "deadmau5" and mau5trap a self sustainable thing that will someday in the distant future give me the security and freedom we all have in life... which i still feel i am very far away from.
in fact, after this tour, ill be happy to break even... i've just taken out my first mortgage, and believe me when i tell you, im just as scared of it as any first time buyer.
and finally, im VERY proud to announce that after exploring many options, i've decided to call Toronto my permanent address! |
Thank You for the insight. People don't realize how much money it takes to eventually make money. When mau5trap and the "deadmau5" name become self sustaining enterprises then you will see the fruits of your labour and hopefully early retirement, unlike my sorry ass.
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| quote: | | Scott has been introduced to the rave scene, and Ecstasy, by Craig. The two of them go out on the weekends, with some of Craigs friends, and stay up all night, dancing in a drug-fueled trance. |
Last edited by Moral Hazard on Apr-26-2011 at 07:48
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