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Entrepreneur Ideas for Music Lovers

Updated on December 20, 2010

Entrepreneur Ideas for Music Lovers


If you are a music lover like my 16 year old and you want to start an online music related business, here are a few entrepreneur ideas. Today, there is enough free and low cost software to make it easy, even for the most hard core technophobe, to build an online business. You can visit my Group Benefits virtual business to get an idea. No one has a reason to say "I don't get this internet stuff" anymore. You've got to get it, or you simply cannot be in business!

Entrepreneur Ideas for Music Lovers

I have to admit, music has never been one of my greatest assets. As a matter of fact I only listen to classic rock. I believe it comes from my U.C. Berkeley years. Therefore I never really tried to come up with music entrepreneur ideas until my 16 year old got into DJing. Now, all of the sudden, a topic that was totally off limits, quickly took an integral part of my life. How? My 16 year old wanted to start an online music business! So here I was, a total and complete music ignoramus, putting my business thinking hat on to come up with entrepreneur ideas about online music ventures.

So if you are a music lover like my 16 year old and you want to start an online music related business, here are a few entrepreneur ideas:

First, do some keyword research and find out what music keywords people are searching online. You can use tools such as Google keyword tool to do your free research. Just type "Google keyword tool" in Google search to get to the site. You can either type a few keywords related to your music interest or you can chose from the pre-defined categories on the left column.

Don't go after the general keywords, they are too competitive and it would take you too long to rank high in Google. Your goal is to make it to page one of Google search. Therefore choose "long tail" keywords to increase your chances of ranking high in the search engines. What are "long tail" keywords? Long tail keywords are those three and four keyword phrases which are very, very specific to whatever you are selling.

To give you an example; say you are a music teacher and want to sell online guitar lessons. If you go to the Google Keyword Tool and type "guitar lessons" you will get about 550,000 global searches but if you look at the competition you will see that more people are competing for this word, therefore making it more difficult for you to succeed online. Now if you scroll down, you will see long tail keywords such "metal guitar lessons" or "finger style guitar lessons." Although these long tail keyword phrases have approximately 3,600 global searches, the competition is a lot lower, therefore increasing your chances of success.

This means that to succeed online you not only have to worry about coming up with entrepreneur ideas and getting traffic. You also have to take into consideration the competition and the commerciality of the potential niche market you choose. Therefore, before you invest anytime developing a product or writing an online course:

  1. First find a potential profitable niche
  2. Make sure the competition is low
  3. Test to see if you will be able to drive traffic

Once you have the results, and you see you have a potential profitable niche market, then and only then develop your online music product

JackieBiz' eBusiness Blog

Virtual Business Dashboard.com: Welcome to my site where I am sure you are going to find a lot of great and informative things. If you are interested in finding the best information and resources available in the internet today for implementing, managing and building a low cost, high profit eBusiness. You may also want to check out my blog at JackieBiz.com

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    • JackieBiz LM profile image
      Author

      JackieBiz LM 7 years ago

      @Mart903: My pleasure Mart903. Thanks for the comment!

    • profile image

      Mart903 7 years ago

      Looking forward to re-visiting this lens; very valuable guidelines. Thank you, JackieBiz!

    • jdwheeler profile image

      jdwheeler 7 years ago

      There are so many ways to make money online. It's easy. Basically, if you can copy and paste you can build great websites. Zazzle and Squidoo are free and have unlimited legitimate potential. I do it everyday in my spare time.

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