Recomendados
Más contenido relacionado
Destacado
Último
Último (20)
Jp3 swot v1.1
- 1. S W T Strengths • Nearly Self-owned with $300 in revolving monthly debt. • Able to travel efficiently for long distances at a cost that allows for investments into opportunity. • Able to create, record and produce cost- effective and industry quality material. Opportunities • Small/Mid Size Blues Festivals • Music Licensing for independent productions (games, movies, etc.) • Growth outside of the local market by utilizing dedicated fan base Threats • Potential for ill-committed band members that may not fully support the name. (Not being a “band”, but being a musician “for the name”.) • Venues consistently wanting to pay less. O Weaknesses • Frequent turnover of band members has impeded musical cohesion in the group. • Rather ineffective at creating new work and expanding the client list. • Management skills suffer due to compassion rather than business focus. • Inconsistent management traits due to overloading of responsibilities. JP3 SWOT ANALYSIS
Notas del editor
- This SWOT tickler seems to open up some basic ideas in a general way. This would be a good tool to use with a focus on a specific goal. From what is listed here, I could pontificate a specific goal may include: Play Music for fun and potential future profit, minimizing cost of playing music developing a core of band members leading to cohesive growth in writing original music for fun and possible sale generating revenue. To be able to perform and travel to Small and Mid Sized Blues Festivals cost effectively yet comfortably. Develop fan base leading to larger audiences and related gross revenue. Please use this as a starting point to defining the goal. This is quick and rough, just to get this started….. Steps to address: Define goals for Management Define goals for musicians Define goals for non-musician participants Develop long range goals that meet the goals of Management, musicians and participants - why are we doing this, who is in it, what are we doing, where do we do this, when do we do this? How do we get paid to do this How is revenue distributed to Management, musicians, Participants (MMP) List sources of revenue for MMP, shows, merch, CD sales, Internet Sales, Tip Jar, etc. List sources of expences paid by who Develop P&L for JP3 LLC Develop monthly status reports and meeting agenda for band schedules and income status. This can be as simple as a monthly status email or VTC or sit down at a bar or in the van on the road Agenda items should include: financial status, P&L review, gig calendar review, past gig performance critique, events of note since last meeting, open business to discuss, open issues, progress reports from others assigned a task. Inventory of merch, CD’s and revenue items to be replenished. Potential Gigs and new venues, festivals to send press packs, followup on cold calls status, equipment status, equipment maintenance schedule (including vehicle), cost saving ideas, reviews of past venues associated personnel, hotels, restaurants, etc. Colateral duties to be assigned, discussions of hiring additional personnel, job (cost justification) descriptions