HUMILITY FOR LEARNING TO ENDURE MUSIC BUSINESS

Some significant points for business development from the three interviews of Jayson Whitmore includes how humility enables one to balance passions in order to learn; how business plans aid in forecasting potential market trends; and how demonstrating a self-respect for quality is a mark of professionalism.  

Remaining humble during the journey of a career in entertainment will foster creativity, personality and self-confidence. According to Jayson Whitmore, the aforementioned characteristics are “huge” factors for how he determines the caliber of potential employees or partners. In addition to identifying potential associates, humility is essential to my being able to learn during my career.  Instead of being passionate for an immediate gain, humility will enable me to temper my passion in order to gain invaluable hands-on and theoretical learning opportunities.

Forecasting potential business trends in a marketplace is an invaluable benefit of developing a business plan. Accurately, Jason pointed out how mission statements, business forecast, and market research are some essential benefits from developing a business plan. Critical to achieving any fund raising goals is the ability to present a correct and sound business plan for capital investors; moreover, developing a sound business plan can also indicate the level of professionalism or commitment to one’s own ideas and positions.  In other words, how a person represents their own self-interest is an indication of how a person may represent the business, investment, or another company. The development of a business plan is refining my ability to shape a mission statement by understanding the forecast of a business venture, 

A parallel exists between how his company operates in a “small circle” and how the entertainment industry as a whole has a tight-knit community.  My career goals for operating in the music industry will require an ability to maximize the “one-person degree of separation” within the industry’s network; therefore, my professionalism must show a respect for the trade’s standards of quality.  

REFERENCES

1) Jason Whitmore interview at Full Sail University; Selling Yourself, Business Plan Development, and Professionalism.