Archive for March, 2010

11 Great Reasons why Smiling makes us More Successful!

March 31, 2010 in Personal Development | Comments (0)

Tags: ,

First: Our smile shows others people that we are friendly.
If a stranger approached you and gained eye contact with you and then treated you to a broad smile you will have a fairly good idea that they are being friendly and certainly mean you no harm.

By contrast we would find it far more difficult to offer trust to the stranger that wears a scowl or unfriendly face features.

Second: A smile can make people happy.
When someone treats you to a smile, even a stranger, you usually smile back.  For that moment you enjoy a flash of positive communication without saying a word. As you walk through a crowed area such as a main street you can do this hundreds times in a very short period of time.

When you smile at someone who is not already smiling and they smile back you have brought a moment of happiness into their lives which, who knows, could last all day.

Third: Smiling is infectious.
When you spend a lot in the company of someone who smiles a lot you will soon discover that their smile starts to wear off on you.  It is hard not to return a smile; most of us do it at a subliminal level without thinking.

Fourth: Smiling can make you popular.
Which type of people do you prefer? A person that has a tired and listless face. An expression that may reflect their inner thoughts of boredom and worry? Or, would you prefer someone who is always smiling and shows that they have an enthusiastic passion for life.

I think for the majority of us the choice would be obvious!

Fifth: Smiling can help you to make new friends
In the same way few of us would choice a miserable person for a friend. Lets face it we all want someone who is going to be bubbly and a happy and positive.

Sixth: A smile is usually returned
When someone smiles back at you it make you feel good inside. You have just made a short but very positive communication and possibly the first step in the process of getting to know or making friends with someone new.

Seventh: Smiling makes you positive and happy inside.
When you smile it is hard to feel unhappy, negative or sad in anyway. Smiling gives you enthusiasm and drive, it is also habit forming.

Eight: A smile makes you look far more attractive.
You don’t see many celebrities or media personalities that are not smiling because if you did it is fairly certain that their popularity would quickly start to drop!

Ninth: Smiling also helps make you memorable to others!
Have you noticed that smiling people are usually far more memorable than those that are not? It is fact that you are 3 time more likely to remember the person that is smiling over the one that is wearing a negative or neutral features.

Tenth: Most importantly, smiling is good for your health!!!
When you are smiling you find whatever you are doing far easier. It releases stress, worry and tension that you may have built up throughout the day. Long term, developing the smiling habit will be one of the smartest things that you can do to improve most aspects of your life.

Eleventh: The effects of smiling can last for hours
Whatever problems and challenges you have in your life, smiling temporary puts them and hold.  For a while you forget the problems and become positive, and while you are in a positive state you have far more potential and power to advance and improve your life.

Lastly: Smiling is FREE!
You are never going to run short of smiles and will always have enough to go around.  When you weigh up the positive points of smiling it is a no brainer decision to do far more smiling and share them with as many people as possible.

Keep smiling.


Benjamin Franklin’s method of habit formation

March 27, 2010 in Personal Development | Comments (0)

Tags: , , , , , , , , , , , , , , , , , ,

Benjamin Franklin, inventor, statesman, writer, publisher and economist relates in his autobiography that early in his life he decided to focus on arriving at moral perfection. He made a list of 13 virtues, assigning a page to each. Under each virtue he wrote a summary that gave it fuller meaning. Then he practiced each one for a certain length of time.

To make these virtues a habit, Franklin can up with a method to grade himself on his daily actions. In a journal he drew a table with a row for every virtue and a column for every day of the week. Every time he made a fault, he made a mark in the appropriate column. Each week he focused his attention on a different virtue. Over time, through repetition, he hoped to one day experience the pleasure of “viewing a clean Book.”

He says that he carried out this personal examination for years. In order to do the work thoroughly he decided to attempt each virtue and a quarter of its importance – one at a time. He began with temperance, which included the moderating of every pleasure or inclination to develop undesirable habits, because temperance “tends to procure that coolness and clearance and head that is so necessary where constant vigilance is to be kept up and guard maintained against the unremitting attraction of ancient habits and the force of perpetual temptations.”

The other virtues practice in succession by Franklin were silence, order, resolution, frugality, industry, sincerity, Justice, moderation, cleanliness, tranquility, chastity and humility. For the summary order he followed a little scheme of employing his time each day. From five to seven each morning he spent in bodily personal attention, saying a short prayer, thinking over the day’s business and resolutions, studying and eating breakfast. From eight till twelve he worked at his trade. From twelve to one he read or overlooked his accounts and dined. From two to five he worked at his trade. The rest of the evening until 10 he spent in music, or diversion of some sort.

This time is used also to put things in their places. In the last thing before retiring was examination of the day. At the age of 79, he ascribed his health to temperance; the acquisition of misfortune to industry and frugality; the confidence of his country to sincerity and justice.

Franklin’s extraordinary success in life and politics can be attributed to his perseverance to overcome his personal liabilities, and his desire to constantly become better.

Next time you really want to achieve something, take time to focus on your own personal journal. What is your temptation that is standing in your way to greatness? What can you do to form the habit of becoming a success?


A Golf Driver Tip To Remember

March 26, 2010 in Fitness | Comments (0)

Tags: , , , , , , , ,

Every golfer wants to know the best golf driver tip.  I hate to disappoint you but there are many great golf driver tips that could be the key to unlocking monster drives for you.  Every month the golf magazines have dozens of tips in them, but none of them get to the root of the problem.

If I were to get the opportunity to write a golf driver tip for a magazine, I’d say something against the norm.  Something teaching instructors wouldn’t want to hear.  Do you want to know what it is?  It’s not some quick fix, because they never work long-term.  The “only” thing that works long-term is working on you.

Your body has a current level of physical ability.  I don’t care how many balls you hit at the range; how many lessons you take; and what driver you’re swinging.  Hitting the ball further takes an increase in clubhead speed.  Period.  So hitting more balls or taking more lessons won’t improve this.

The only thing that can improve clubhead speed is strengthening your core rotational strength and flexibility.  Your core is the engine to your swing.  A weak or inflexible core will not give you the results you are looking for.

The golf swing a turn back and a turn through.  Isn’t that about as simple as you can make it?  If that’s true, why wouldn’t you improve your body’s ability to rotate quicker and more powerfully?  This is the ticket to longer drives!

There are many simple, yet effective core rotational exercises you can do in your home, or even office to greatly improve your clubhead speed and driving distance.

Do you want an easy one you can do right in your chair?

Cross your arms in front of your chest.  Sit up tall and erect.  With a fixed head position, rotate to the right and left slowly.  See how far you can go.  Do this without stopping.  As you feel a loosening of the core, start to rotate faster and faster.  Do this 20 or 30 times when you think about it and I guarantee you’ll feel it.

Since time is such a valuable commodity, you’ve got to get creative.  I’ve put together a complete section of my manual that covers simples stretches and exercises you can do right in your chair in your office.  You can’t get more convenient than that.

I hope I didn’t disappoint you with this golf driver tip.


A Review Of Techniques In Managing Your Depression

March 25, 2010 in General Health | Comments (0)

Tags:

Some people have a difficult time in managing their depression. Sometimes, their depression and fears can get best of them. As a result, here is a short list of techniques that a person can use to help manage their depression.

I was told by a counselor that one of the ways to manage depression is to challenge your negative thinking with positive statements and realistic thinking. When encountering thoughts that make your fearful or depressed, challenge those thoughts by asking yourself questions that will maintain objectivity and common sense. For example, your afraid that if you do not get that job promotion then you will be stuck at your job forever. This depresses you, however your thinking in this situation is unrealistic. The fact of the matter is that there all are kinds of jobs available and just because you don’t get this job promotion doesn’t mean that you will never get one. In addition, people change jobs all the time, and you always have that option of going elsewhere if you are unhappy at your present location.

Some people get depressed and have a difficult time getting out of bed in the mornings. When this happens, a person should take a deep breathe and try to find something to do to get their mind off of the problem. A person could take a walk, listen to some music, read the newspaper or do an activity that will give them a fresh perspective on things. Doing something will get your mind off of the problem and give you confidence to do other things.

Sometimes, we can get depressed over a task that we will have to perform in the near future. When this happens, visualize yourself doing the task in your mind. For instance, you and your team have to play in the championship volleyball game in front of a large group of people in the next few days. Before the big day comes, imagine yourself playing the game in your mind. Imagine that your playing in front of a large audience. By playing the game in your mind, you will be better prepared to perform for real when the time comes. Self Visualization is a great way to reduce the fear and stress of a coming situation.

Another technique that is very helpful is to have a small notebook of positive statements that make us feel good. Whenever you come across an affirmation that makes you feel good, write it down in a small notebook that you can carry around with you in your pocket. Whenever you feel depressed, open up your small notebook and read those statements.

As a Layman and author of an anxiety book, I have done many interviews with various counselors in how to manage fear, anxiety and depression. The techniques that I have just covered are some basic ways to manage your depression, however your best bet is to get some help from a professional.


3 Simples Ways To Avoid Bankruptcy

March 24, 2010 in General Health | Comments (0)

Tags: , , , ,

In this debt-ridden society, many people are in severe financial difficulties. While bankruptcy is the last step in a long road of financial pressures for many, others opt for this solution too early, sometimes without considering suitable bankruptcy alternatives.

There are several options available for you if you are in debt and do not wish to declare bankruptcy. The most sought-after option is obtaining a debt-consolidation loan and closing all existing credit lines.
Debt consolidation is where you take a new unsecured loan and use the funds to pay off your outstanding debts.

An unsecured debt consolidation loan will help you consolidate all your unsecured debt and avoid bankruptcy. This new money can save you hundreds of dollars per month if you choose to use your loan to pay off existing debt – especially high rate credit cards. Even if you don’t own a home, you could qualify for their debt consolidation loan.

Debt consolidation loans are repayable over a longer term at a relatively low interest rate. This means that the monthly repayments are lower. If the loan is secured on your property then the interest rate and payments may be even lower.

But you must compare the pros and of debt consolidation loans before taking the plunge. There are two options for consolidating debts – either you borrow money to pay off all your debts or seek assistance from a debt consolidation service. The decision on which option will meet your needs has a lot to do with whether you can qualify for qualify for low mortgage rates on debt consolidation loans , and the total amount of debt you need to consolidate.

Borrowing for debt consolidation immediately eliminates multiple debt payments. All debt collection actions eliminated. Most importantly, it won’t impact your credit rating; infact it may help improve your credit rating. Seeking debt consolidation services immediately decreases your monthly payments. It also brings to a stop, and in some cases, eliminates some interest and fees.

By getting this loan and using it to pay off credit cards, you’ll pay much less interest. Once you’ve paid off your credit cards or other debt, you’ll have a fresh start with your finances and can set up a budget within which you can live comfortably without ever having to run up credit card debt again.

Debt consolidation is an excellent tool that can help you manage and decrease your debt when you just can’t seem to do it on your own. There is no way that you can completely fix bad credit without the ability to reduce debt and pay your bills on time. However, once your debt has reached a certain level, this can seem almost impossible to accomplish.

A credit counsellor can provide you with the option of enrolling in a debt management plan, which provides immediate relief and allows repayment of debts without the high fees and negative ramifications of bankruptcy.

However, your choice has to be based upon your financial situation, as well as fit in with your own belief system and lifestyle.


A Guide to Gambling on Online Poker Rooms

March 23, 2010 in Uncategorized | Comments (0)

Tags: ,

So, what is your hobby?  Do you like playing cards?  Have you yet discovered the amazing world of online poker rooms?  In truth, there is nothing more wonderful to card players than online poker.  This has become a hobby to many poker players.

Online poker room gambling popularity emanates from the ease and convenience of this type of gambling.  It is way much easier to gamble in an online casino than in an actual brick and mortar one.  The gambling software creates an almost effortless game.  You are assured that you won’t even miss your turn.  You would be prompted when you need to place a bet, even suggests the amount that you should bet.  You would even be asked if you want to fold, which you could do so if you feel like your hand is not good enough.  This is why a lot of people are getting addicted to online poker gambling.

The Benefits of Online Poker Gambling

Poker software are being constantly developed and improved to meet customers demand and satisfaction.  You can choose your games and play only those that you love.  You can play with a limit, no limit or within pot limit.  If you are confident with your game, you can for high stakes.  You can even switch from one game to another.  It doesn’t even matter when you log on to play, there are games 24/7 and there are seats available.

What Should You Remember When Playing Poker Online?

The hitch on online gambling is that you can’t see your opponents; such that it would be difficult to gauge their reactions.  You won’t be able to see their body language.  You won’t see them fidget, get excited or frown.  This makes winning a little bit difficult.  To ensure your chances of winning, there are some things that you have to remember when gambling and playing poker online.

1. Play free poker games first.  Before jumping into a poker game, be sure to sit out a few hands to get a feel for the online poker room gambling site.  You would also get used to the game.  This is especially important since online poker is faster than your traditional poker game.
2. Start with low-staked gambling.  Unless you are pretty sure that you’d fare well in a high-staked poker game, do not risk your money in one.  Again, feel your way through online poker and online betting by starting with small bets.
3. Earmark your fund.  Before you jump into a game or a tournament, determine first what you can afford to lose.  If at some point in the game you lost that amount of money, do not go any further.


8 Resume Editing Tips

March 22, 2010 in Business | Comments (0)

Tags: , , , , , ,

It’s amazing what a well-written and nicely presented resume can do for your job search. Before you send yours out, follow this checklist to ensure you are sending out an excellent quality representation of yourself.

1. Grammar, spelling, punctuation – Use the grammar and spell check function, then print it out and read the document word for word. Spell checker doesn’t know that you meant “manager” when you actually typed “manger.”

2. Capitalization – Use a manual such as the Gregg Reference Manual if you do not know capitalization rules.

3. Punctuation – Check for proper use of commas and semi-colons. Again, if you are unsure, refer to the Gregg Reference Manual.

4. Run-on sentences – Check to make sure you do not have run-ons that are hard to read.

5. Consistency – You must be consistent with your number usage (dates, money, numbers), plurals, and abbreviations. For example, don’t list one date as 8/2004 and then list another date as 3/15/2004. Also, be aware of listing software consistently (abbreviation use). MS Word and Microsoft Outlook are both correct, but not consistent.

6. Education section – When you have a degree, list only the year that you obtained your degree. When you list your dates, (i.e.: 9/1998 to 1/2002) many resume-scanning systems will not recognize that you obtained a degree, only that you attended college for a period of time.

7. Ampersands – Ampersands (&) do not belong on a resume. There are a few exceptions. One exception is a well-known company name (AT&T). Another exception is well-known industry terms (P&L).

8. Hyperlinks – All e-mail and web addresses that you list need to be deactivated in your resume. To do this in MS Word, highlight the link, go to the “Insert” drop down menu, scroll down to and click “Hyperlink”, and on the lower left-had side of this screen there should be a little button that says “Remove link”, when you find it, give it a little click and voila! Alternatively, you can highlight the link, right click on it, and scroll down to “remove link” to deactivate the link.


ABC’s of the Music Industry

March 21, 2010 in Business | Comments (0)

Tags:

Music is an art, however, when it comes to the music industry Music is about money!

If anyone or any company feels that your music will not make them money, there will be absolutely no interest in your music. That’s it in the nut shell. Remember, to always remember this. The Music Industry is about Money!

There are a few sources of money to be made in the music industry. They include but are not limited to:

· Record sales

· Songs played on the radio

· In movies and television

· Concerts

· Song writing

· Producing

· Merchandising

· Advertising

· CD-ROMs/DVDs

If you are an artist and want to get into the music business, you need 3 very important very good people in your corner batting for you on a daily basis. They include:

· Personal Manager – The most of important of the three. They should have contacts in the music industry, keep on eye on all your affairs, advise you on things to do, help promote your music, producers to hire, who to sign with when to go on tour, etc. The personal manager will receive 15% and 20% of an artists gross earnings and have good contacts with record companies A&R, Marketing / Sales, and Promotion departments.

· Music Attorney – A good attorney specializing in the music will know how to properly negotiate and structure the deals an artist makes. They should have good contacts and be trust worthy. Expect to pay between 100 and 200 per hour for a good music attorney. If an attorney thinks you will get signed, they forego a set fee and charge a percentage of artist’s earnings. In bigger cities, you’ll pay more than in smaller cities.

· Music Agent – Book concerts and special appearances. A Personal Manager will help the artist with selecting a good agent.

If you blow up and start generating the big money, then a good Manager / Accountant will be needed to handle your tax situation, review royalty statements, financing tours, offer invest advice and how to manage your money.

Getting recognized by mailing your demo to record labels isn’t impossible, however, 99.9% of the time your material will not get listened to. Even if you have the best song on the planet, it will not be listened to. Record labels want to limit their liability, so they do not listen to unsolicited music. Record labels don’t want to listen to numerous songs and then be held liable if someone claims their material was copied.

If you do decide to mail your CD to record label, send the “solicited” material. First get a contact, preferably an individual in the Artists & Repertoire (A&R) department. Call and first speak to someone. After sending your CD follow up to determine if the targeted individual received your material and another follow up call to determine if it was listened to. Submit 3 to 6 songs and send a bio and picture of yourself. Again this isn’t the preferred way to submit your material to major record labels.

Until you have music business advisors in your corner trying to promote you and there is a “buzz” going around about you, your demo will not reach the decision makers at the record labels. Record companies on a daily basis receive thousands of unsolicited CDs. Most likely your CD will be tossed into a bin located in a remote room filled with overflowing bins of CDs.

Record labels like to deal with artists who have a history of record sales. These are artist that may have produced and sold their own CDs locally or regionally. Record labels like to deal with artists who have performed their material and there is this “buzz” going on about them. MC Hammer, before he became famous, performed his own materials and sold his own records until a major record label signed him. MC Hammer had a lot of leverage in negotiating a good contract because he already proved on a local basis he could sell records.

Record companies want to limit their liability. If you are signed, you are considered an investment that will require some money and they want to see a premium return on their money invested in you. The more you can prove that you can sell record, the better chance you can get signed.

If you get signed to a record company, you the artist will go into the studio and record songs for the record company. The record company makes copies of the master recording and ships it to a distributor. The distributor is a wholesaler who then sells the CDs to retail outlets like Best Buy, Sam Goody and Tower Records. The record company then pumps money into marketing by advertising and promoting your music with hopes of selling records, thus making you a superstar and becoming rich!

It is not as easy as it sounds. It takes a lot of hard work by a talented group of people. Everyone has to work together to make this happen. There are usually many people behind the scenes working to make an artist a superstar.

Record companies often categorized into 4 groups: · Major label record companies – have the recording and operating resources to complete all function to sell records. Major label record companies are integrated in that they can handle the promotion, sales, marketing, and distribution to sell music. Major label record companies are Arista, Atlantic, Capital, and Sony.

· Major label affiliate labels – have special agreements with the major label record companies, where the major label may fund the smaller labels recording and operating expenses in exchange for a portion of the smaller label profits.

· Independent labels – distributes records through major labels. Independent labels have few employees. They tend to find talent, sign the talent, sees to it the music is recorded and contracts with major record labels to perform the promotion, marketing, and other functions.

· True independent labels – Has no association with a major label and distribute their music through independent distributors.

The A&R (Artists & Repertoire) Department

The A&R department is the talent scout. They are in charge of finding new talents. They are the eyes and ears of the record company. However, not because you get signed to a record label because an A&R representative likes you it doesn’t mean your CD will ever get produced and released. Executives higher in the company could cancel your deal if they feel your CD will not sell. A record company will have to invest several hundred thousands of dollars to release your CD, so they will be extremely cautious on whom they release.

The Marketing and Sales Department

This department is responsible for getting the public excited about your music and first selling to retail stores the idea of carrying your CD. They are responsible for promotional merchandise, advertising your CD, in store displays, publicity, your CD cover, etc.

The Promotions Department

This department is responsible for getting your music played on the radio. The individuals in this department will visit the various radio stations to convince them to play your material. If your material doesn’t get played, no one will now how you are. People will look at your CD in the retail store and wonder who you are. There is also a direct correlation with CD sales vs. how many times a song for that CD gets played on the radio. More air time on the radio equals more CD sales for the record companies.

Remember music is art, but to the record companies, it’s about money. Keep in mind that it’s a business. Keep in mind everyone is out to make money. The minute people believe that you will not make money for them, you will be dropped and these same people will turn to seek other new artists that they believe will make them money. Unfortunately, the record business doesn’t believe in grooming people. If your first CD isn’t a success, you are out. There are rarely second chances. There are always other talented people behind you who what their shot at fame.

Distribution

Most major retailers such as Tower records will not carry a CD unless the record has a distributor. A strong distributor ensures that your CD will be available in enough places so your CD will sell to ultimately make money. Major labels use large distributors who are better able to get record stores stocked. After years of consolidation, there are only 5 major national wholesale distributors in the US who are owned by conglomerates who also own major record labels. They are:

· BMG (distributes Arista, BMG and RCA)

· EMI (distributes Capital and Virg.)

· Sony Music (distributes Columbia, Epic and Sony)

· Universal Music Group (distributes Interscope, Island/Def Jam, and MCA)

· WEA (distributes Atlantic, Elektra and Warner Bros.)

Distribution via the Internet Record labels and artists are increasingly using the web to distribute their music. Unknown artists can also use sites like this mZeus.com, http://www.mZeus.com, to generate buzz about their music. However, unknown artists will still have to work hard to get the buzz going about their music. Ultimately, signing a contract with a major record label is the way to go. The major record labels have the financial muscle and people to give you a good shot at becoming famous.

Let’s face it. It’s all about money! Yes, the entertainment industry seems fun and exciting, but people are in it to make money. As an artist the most important contract in the music industry is the record contract. The royalty is a portion of money from record sales paid to the artist for his/her music. The record contract which is a negotiated legal agreement between the record label and artist will state how much royalty an artist is entitled to among other things.

An artist should have a good understanding of how royalties are calculated. A good music attorney will help with this process by making sure the artist is paid what he/she deserves. A 13% royalty for one artist may be a lot of money, however a 13% royalty for another maybe “chump change”.

So this is how the numbers work. An artist successfully signs a record contract. The artist goes to the studio and work diligently to create a CD that the record company fully supports. The record company via its distributor sells the CD with a suggested retail list price (SRLP) of $17.99 to a retailer for about $10.99. The distributor will take 10% – 14% of the $10.99. Therefore the record company will get about ½ the SRLP of $17.99. Independent record companies may receive less than ½ the SRLP. Major record companies will pay artist royalty as a percentage of SRLP.

Rates will vary of each artist depending on how successful their record sells. For a new artist who never had a record deal or has sold less than 100,000 albums will get a typical royalty rate of 12% to 14% of the SRLP. For an independent record label it maybe 10% to 14% of the SRLP. For established artists who have a track record of selling 200,000 to 500,000 albums the royalty rate maybe 14% to 16%. For artists who have sold over 750,000 albums the royalty rates maybe 16% to 18%. As you can see, the more successful the artist is, the higher the royalty. Additionally, royalty maybe based on how well the record sells. For instance, the record contract may state that an artist will get 12% for the first 100,000 units sold, 14% for 100,001 to 300,000 units sold, and 16% for over 300,000 units sold.

But hold your horses. If you sell 500,000 albums and have a royalty rate of 12% doesn’t mean you will get 12% of 500,000 at a SRLP of $17.98 which would equal $1,078,800. This is because as specified in the record contract, there are deductions (expenses) that have to be deducted.

To start off the bat, the record company will deduct a “packaging charge” from the SRLP which is typically 20% for cassettes and 25% for CDs.

Second, more often the artist is responsible for paying the record producer a portion of his/her royalties. Typically a producer will receive 3% to 4% of the SRLP.

Third, in the record business, the contract may state that the artist’s only generates royalties on 85% of the unit sales. For every 100 albums sold, 15 albums sold, the artist gets no royalty.

Forth, the record company will hold a portion of the royalty money because the distributor typically has an agreement with the retail outlets to take back and credit the retail stores money from unsold units. This is very important, because a good portion of your album could be returned to the record company if the album doesn’t sell! The money that’s held back is called a reserve. Reserves maybe held for 2 years before it’s paid to the artist. Typically a major record label will hold a reserve of 25% to 40% of the royalties.

Fifth, advances paid from the record company to the artist are deducted from the artist’s royalty. Advances include but are not limited to the:

· Recording studio expenses (new artists to an independent my get an advancement of $0 to $80,000, new artist to a major record label $150,000 to $400,000

· Hiring independent promoters to help sell the albums

· Cost of making a music video (promotions and an inexpensive music video can cost $150,000 to $200,000.

When money is made for the record sales, these costs are deducted from the artist’s royalties. This is called re-coupment. Therefore, if the artist’s record isn’t successful, the artist may never see a dime. If the royalties are less than the deductions, they artists may well owe the record company money by being in the red! This negative cost maybe carried over to the next album release. A good record contract will not allow a negative cost from one album to be carried over to another album (cross collateralization). If there isn’t another album the record company generally eats the loss.

There are many other costs that the record company will not charge the artists. This includes marketing and in-house promotions (free CD give away, etc.).

So how much does an artist make for a gold album (500,000 albums sold).

Check out the math:

CD (suggested retail list price SRLP) = $ 17.99 Less CD Packaging of 20% = $ -4.50 NET = $ 13.49 Times: Net artist royalty rate (12% – 3% to producer) = X 9% Gross royalty per CD (9% of $13.48) = $ 1.21 Times 500,000 albums = $ 500,000 SUB TOTAL = $ 605,00 Times: Royalty bearing % (15% o = no royalty) = X 85% Gross Royalty = $ 514,250 Less advances: Recording, promo, music video, tour = $ -350,000 TOTAL ROYALTY TO ARTIST = $ 164,250 – Reserves (35%) returned by retailer) = $ -57,487.50 (1) ACTUAL ROYALTY PAID TO ARTIST = $ 106,762.50

(1)Reserves will be paid to artist in 2 years if no CDs returned by retailer

Remember the artist still has to pay TAXES! Don’t forget Uncle Sam has to get his cut! Also, don’t forget the Personal Manger, the Attorney, the Accountant, the Agent and other numerous expenses.

However, there are many other royalties that an artist can acquire. They include, Record Clubs, Compilation CDs, Samplers (low-priced albums in which a few artists are featured), Premiums (albums sold with other products, such as cereal), Film Soundtrack Album, Music Video Sales, Greatest Hit’s Album, Foreign Royalties (song played in some foreign country radio stations pay royalties, unlike the US), Master Use License (music used in a movie, television, commercial, the Internet, CD-ROM and DVD), etc.

Of course because of the Internet, the rules royalties are changing. Many people now buy their music via the Internet. Just think, no packaging required and no distribution to traditional retail stores needed. Some websites allow customers to buy individual songs as oppose to an album. Changes are currently taking place on how royalties are calculated because of the Internet. Many attorneys are pushing to have royalties be based on each song sold as oppose to each album sold. So stay tuned!


5 Steps to Goal Setting Success

March 20, 2010 in Uncategorized | Comments (0)

Goal setting is the true secret to success in any area of life. But although setting a goal may seem simple, achieving it is usually another question altogether.

Why is that?

Because you will never achieve your goals unless you: (1) know exactly what you want, (2) are passionate about your goal, and (3) have a solid, realistic plan of action. This is what marks the difference between nebulous dreams and wishes – and truly achievable goals!

Many obstacles and challenges will fly right in your face when you’re going after a goal. Here are 5 time-tested methods that will help get the success you deserve.

1. Know exactly what your goal is

Your first job is to discover exactly what your goal is. What will achieving that goal really look like? Be as specific as possible about exactly what your desired end result is. Your success will be a measure of your clarity – since an achievable goal plan cannot be created around a nebulous “dream.”

If your goal is to create a more successful business, what will that look like? Are you thinking in terms of simply hiring someone else to give you more free time? Are you looking for a very specific monthly profit? Or can your goal be best expressed in terms of a certain lifestyle?

Regardless of what you want, the best way to get it is to first clarify exactly what you want in as much detail as possible. This can be hard work. But without a clear mental picture, you’ll never have the focus required to achieve your goal.

2. Be willing to pay the “entry fee”

Success takes dedicated planning and effort. In a way it’s like building a house. In the beginning all you have is a rough concept. Then you develop a complete set of plans – and you immediately move closer to success. The same is true of creating a better lifestyle, or a more successful business.

But there’s always an *entry fee* to be paid for success.

The entry fee?

Creating more success in your business may mean less recreational time. Writing your own book may require less TV. Being closer to your children may require adjusting your work or social activities.

It’s the “full glass” deal. If your life (your time) is already full to the top, there’s no room for something new. The entry fee is carving out the time to create that something new.

3. Focus on your goal every day

I’m sure you probably want to achieve your goal as fast as possible. That’s why clear mental focus is so very important.

Consistent daily focus is absolutely necessary to “burn in” the new neural pathways you need to create your new goal. Without daily focus, the old mental habits that have kept you from your goal will continue to take over.

This happens automatically – since these old habits replay 24/7 deep in your subconscious mind. The only way to override subconscious anti-success messages is to consciously focus on what you DO want – and build new neural networks!

That’s why success is an every-day event.

Re-commit to your goal every day. Don’t let your goal take a back seat to the daily tasks and distractions that will try to take over. Life WILL try to get in your way. Just get, and stay, on course every day. Focus on your goal, and on success!

4. Get passionate

One of the most powerful tools in your “success tool box” is having real passion for your goal.

Why passion?

Because intense passionate desire for your goal will help you burn in those new neural pathways even faster. Many, many scientific studies have shown that intense emotion (passion) is a key success tool.

PLUS (and this is really a *big* plus), intense passion will also help you rapidly override any inappropriate old “failure messages” stored in your subconscious mind.

5. Take consistent action

In many ways, actually taking action can be the most difficult step. Successful goal achievement is built by taking one small action after another.

The word is ACTION!

If you commit to take at least one small action each day, your actions WILL add up and make a difference. So avoid sitting back waiting for that big second when everything will magically “just happen.”

You CAN create whatever you want in life. The secret is to determine exactly what you want, then pursue it passionately. But remember — in the end, only action counts! You can’t just dream about it! You have to DO IT!


10 Tips For Loving In The Fast Lane

March 19, 2010 in Relationships | Comments (0)

Do you ever feel like you catch up with your partner infrequently, often late at night when you’re too tired to speak?  Or when your timetables happen to collide?  There are work dinners, school outings, sporting practice, dinners with friends, homework to supervise, household chores and so the list goes on.  Do you feel like you need to make a date night just to spend some one on one time with your other half?  Time when you’re not sleeping?

If this sounds like you then I’m sure you will enjoy these tips for keeping each other close at heart, even if you can’t always be as physically close as you’d like.

Its all about communicating and sharing the little things that make up our lives.  Here are ten easy ways to make your feelings known:

1.    Birthday love letter.  There is something powerful about a letter.  A few years ago my husband and I agreed to write a love letter for each other’s birthday.  I think I picked it up from a magazine article about Nicole Kidman and Tom Cruise.  Apparently it’s something they used to do in lieu of expensive presents.  Obviously it didn’t work for their marriage but we’ve found it has become the part of our birthday celebrations that we enjoy the most.

Writing down all the things that you love about the other person and then giving it to them is a very personal and thoughtful thing to do.  In many cases its better than any gift you could possibly imagine and something to appreciate and cherish even when the birthday is a distant memory.  You can do it for your children too if you have any and they will never need to doubt that you love them.   Of course, you don’t have to wait until it is your loved ones birthday to send them a letter – anytime is a good time to tell them how you feel about them.

2.    Sit down and talk about your day.  When we can we sit down at the table to eat our evening meal and take it in turns to talk about what we did in our day.  Even our two and a half year old joins in.  For a long time he would talk about who he saw rather than what he did but now he’s getting the hang of it.  The other thing we take it in turns to do is name the best and worst things that happened that day.  Sometimes so much happens each day that it helps to pause and reflect on what were the highlights and lowlights.

3.    Celebrate all your partner’s successes with them – from a high five to a glass of champagne.  Whatever the scale of the success calls for, make it a joint celebration.

4.    Allow yourself to be impressed by your partner and let them know.  ‘I’m proud of you’ is something that I think everyone loves being told by someone they care about.

5.    Never underestimate the power of a hug – train your kids to hug you back.  My five year old son Jack loves hugs.  He loves giving them and getting them.  Sometimes he will spontaneously hug someone if he feels they are a bit sad, although usually he asks first if they would like ‘a Jack hug’.

6.    Send them a photo that means a lot to you and tell them why its important – you could use a Show & Tell Card.  It’s a new type of greeting card that lets you stick your photo on the front and is blank inside so you can write what you like.   Go to http://www.showandtellcards.com for more information.

7.    Share an experience.  It could be a movie, a new CD, magazine article, or a short story.  Talk about what you read or saw and why you liked or disliked it.   And do it regularly.

8.    Compliments.  Everyone loves getting them so never pass up the opportunity to give one of these reliable mood boosters.  You can give them in person or write them on a small piece of paper and leave them somewhere unexpected for your loved one to find.

9.    Dance.  It doesn’t take long to find a great song you both enjoy, put it on and dance around the living room floor – probably 5 minutes maximum but it is a wonderful way to physically reconnect with each other in between dinner and desert or at the end of a long evening or you could make it an unusual way to start your day.

10.    Thoughtful gestures.  Doing something unexpected, especially when you’re loved one is busy and stressed, is a lovely way to show that you understand what they are going through and that they have your support.

Showing your partner how much you love them need not take a lot of time and you will be rewarded many times over for your effort.  Get loving today!