Chocolate Soldier wrote:How to make a million in the reggae label biz = start out with 2 million
Choc, that's a variation of the old saying "how do you make a small fortune in the recording industry? start with a large one!"
it's been around for years and is meant to highlight the pitfalls of running a recording studio - most aren't profitable and eventually get sold for pennies on the dollar. a 10% return on investment is doing well.
as many on here know, it applies equally well to running a label! the margin for error is very narrow with small runs - if you are paying for studio time and an engineer, it's very unlikely to show any kind of profit at all and more likely to be a monetary liability.