288 – Reap the Rewards of an Ownership Mindset in Your Music Career & Achieve Elevated Results

There is no power in viewing everything in your music career as happenstance and circumstance. The power is in taking responsibility for your actions and even the outcomes you produce. In this episode of The New Music Industry Podcast, David shares how you can reap the rewards of an ownership mindset and achieve elevated results in your music career. Download the PDF Transcription Podcast Highlights: 00:17 – Ownership mindset: Why it’s so powerful! 01:12 – Why being on the hook leads to greater rewards 01:39 – How having an entrepreneurial mindset lightens your load 03:09 – Elevating yourself means elevating your music career 03:31 – Closing thoughts Sponsors: The Music Entrepreneur Companion Guide: Get the official, definitive companion guide to The Music Entrepreneur Code covering, in clarity and detail, secrets to making it in the new music business. Productivity, Performance & Profits Blackbook: The first of its kind – David’s new premium book covering productivity, featuring content from Music Entrepreneur HQ, his personal blog, his many books, and even Start Your Year the Right Way, which is included in its entirety. Be fully unleashed in accomplishing your dreams and desires! The New Music Industry Podcast Unisex Fleece Zip Up Hoodie: Another exciting addition to our merch line. The official zip up hoodie is warm, comfy, stylish, unisex, and it’s even available in multiple sizes and colors! Click the “Buy this” button to add yours to your wardrobe now! The New Music Industry Podcast Unisex T-Shirt: It’s finally here – the official podcast T-shirt! It’s comfy, it’s stylish, it’s unisex, and it’s available in multiple sizes and colors. Click on the link, choose your size and color, and click on the “Buy this” button to get yours now! Transcription: Hey, it's David Andrew Wiebe. Today I wanted to talk about something that is very foundational to having a successful artistic career. It's not necessarily easy. It can be challenging at times. But what I want to talk about is the power of taking an ownership mindset. In other words, taking ownership of your goals, your objectives, your intentions, and even the results and outcomes you produce in your music career. So often what people do is they don't take ownership of any of it, so they end up blaming the venue. They end up blaming circumstances, the weather. The hockey game, pretty much anything they can think of. "Well, you know, no one turned out to our show because tonight there was a hockey game, and everybody was going to see that." Well, who is responsible for booking the show? It was you, wasn't it? Or it was at least someone in your band. I can't imagine it was your manager or your agent. So, why aren't you taking ownership for that? I think oftentimes people don't want to be on the hook for anything, which is why they don't commit. But when you are on the hook for something, you have the chance to be paid immeasurably more for the work you do. Another way of thinking about this is entrepreneurial mindset versus employee mindset. Why do entrepreneurs get paid more for what they do? Because they take on the bulk of the risk. So, are you willing to take on the bulk of the risk for the chance at a better income in your music career? Now, what's the difference between an entrepreneurial mindset and employee mindset? Here's a statement that really brings it into view. Employee mindset is working for other people and money. And an entrepreneurial mindset is having money and other people work for you. Now, you're a creative, you're an artist, obviously. You're going to be the one working on your music, probably doing some song writing or composing or arranging, recording in the studio, performing live. You're going to have different responsibilities as an artist, so that part, you'll want to take ownership over yourself. It's not necessarily about having other bands work for you, right?