benjamin fisher wrote on Tue, 02 February 2010 19:33 |
Dave Rickard wrote on Tue, 02 February 2010 16:12 |
benjamin fisher wrote on Tue, 02 February 2010 14:03 | Dave, I really dont have much of a budget. Things are and have been tight. I'm not opposed to putting some aside when possible, as long as I know its going to be worthwhile and pay off. I think I need a bigger rig to open up my possible clientele. Taking out a small business loan could possibly help in more ways than one, if practical.
|
Just a thought for you--
If it's not feasible to do this and make a decent profit, then it's not really feasible at all.
(Whether you reinvest your profit in your gear or take it home as income is your choice.)
|
What I keep hearing is basically "get a bigger rig to supply sound for bigger bands, that have more money to spend". So its either bar/club bands, or something bigger and better.
|
I disagree. To make money you need to fulfill a demand in the market. If anything people are telling you to find a niche, and you are hearing I need more stuff!
Virtually no one earns a living providing sound for bar bands. Some make money proving bigger systems while others earn money with little to no equipment.
A couple examples (based on real people)
Soundman A:
Owns an O1v96, some powered wedges/SOS speakers, cabling, mic, DI, etc.
Does mostly corporate work running A/V for charities, religious groups, and companies. He rents what he needs for the clients within their budget.
Overhead: Lets say $10,000
5 hour minimum fee: $200 but recently $250
Average fee for a days work: $350 (including advancing equipment, etc)
Soundman B:
Owns a Behringer board (it's big!) some random old JBL speakers as mains, Peavey mains as monitors (they don't have a wedge angle), dusty and mismatched EQ, etc. (you get the idea)
Overhead: Unfortunately, I think about $10,000 (plus he needs his truck)
minimum Fee: Lucky to get $15-$20/hr (no minimum)
Average fee per day: Does odd-jobs and works long hours so lets say $200.
Soundman C:
Owns up to date DJ gear, various analogue and digital consoles, properly powered and well recognized rig, and smaller SOS rigs. Good well taken car of Eq's, Comps, FX, etc.
Overhead: $35,000
Minimum fee: won't get up for less than $150, but not as good a soundman as A or B.
Average fee: $350 (balance between 3/4 SOS dry-hire and 1/4 Bigger stuff)
What's my point?
Soundman A has the greatest skills and least equipment. He appeals to clients with money, and doesn't have to 'sell' his wares. He'll get you whatever you want. Soundman B bought too much random crap that no one really wants to use, but thinks its great. Soundman C has great gear but does mostly SOS rentals. A large part of his overhead is only for a small part of his current business.
Bigger is not better. As soon as you have a bigger system it will be too small for the next thing you want to do. Moreover, you need to follow a demand for a bigger rig. You can't just build it and hope that the phone will ring off the hook!
You need enough rig for the gig, but the question is - do you need
that gig?
I've made more money off SOS and DJ gear rentals than anything else. You are adding gear that no one in your current market will pay for. You'll need to spend $250,000 before you can compete with the regional sound co's who probably get most of the work you're dreaming about doing.
Stay small and learn... it's nice down here.
Just my thoughts,
Marlow