Finding the Ideal or Optimal Span of Control The ideal in an organization, ing to modern organizational experts, is approximately 15 to 20 subordinates per supervisor or manager. However, some experts with a more traditional focus believe that five to six subordinates per supervisor or manager is ideal.
While the artist is generally the one who has the creative capacity to come up with their own ideas for releases and content, the manager can also play a role in the decision making. The artist manager should serve not only professionally to their artist but also as a friend and guide.
Steps To Starting An Artist Management Company Build Your Artist Roster. Sign A Contract. Don't Quit Your Day Job Just Yet. Draft an Artist Management Company Business Plan. Make a Name for Yourself. Get Organized. Work With an Entertainment Accountant. Hire an Entertainment Lawyer.
The common average rate we've observed is around 15%, but it can differ depending on the scope and specific needs of an artist. The scale of some careers, for example, requires a business manager and a "normal" manager to collaborate, separating the business side from the career strategy.
Those who make artist management their long-term career usually manage multiple clients at a time, and the most successful among them can go on to found management companies—or "agencies"—based around their roster of clients.
In most cases its one manager. However it is not uncommon for an artist to have two “managers” but each would be assigned different roles. For example you can have a talent manager and a business manager.
Build your professional network Promoting your client's name and talents and building friendships with other managers and artists in the industry can help you establish a strong brand identity and increase awareness. This can encourage others to reach out to you and your client with jobs and business opportunities.
In conclusion, starting a career in artist management requires a love for music, strong communication skills, a network of industry contacts, and knowledge of the business side of the industry. By gaining experience and building relationships, you can pave your way to success in this exciting field.
Steps To Starting An Artist Management Company Build Your Artist Roster. Sign A Contract. Don't Quit Your Day Job Just Yet. Draft an Artist Management Company Business Plan. Make a Name for Yourself. Get Organized. Work With an Entertainment Accountant. Hire an Entertainment Lawyer.