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ContraDependency

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Music styles could change and fall into the same style, pulling audience away ... In year one we anticipate getting 1000 songs downloaded a day. ... – PowerPoint PPT presentation

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Title: ContraDependency


1
ContraDependency
2
Agenda
  • Overview of Business Plan
  • 10 Reasons Businesses Fail

3
Mission Statement
  • To encourage the growth of independent musicians

4
Market Summary
  • Market past, present, future
  • -Consumer base is anyone looking to find a
    different musical experience, and to get the
    music from undiscovered musicians available to
    a wider audience.

5
Opportunities
  • Problems and opportunities
  • Difficulties will be in getting our name known
    as a place to look for music, and drawing in
    different musicians.
  • Bringing Independent musicians to the attention
    of mainstream media

6
Business Concept
  • Online Service available to a wide audience and
    different cultures. Bringing different cultures
    music together to create opportunities for a
    wider audience base.

7
Competition
  • Mainstream media
  • Could pull away artists
  • Music styles could change and fall into the same
    style, pulling audience away

8
Companys Advantage
  • We would have a prior relationship and play a
    role in bringing independent musicians to a
    larger audience
  • Mainstream music has stagnated into several
    styles that havent changed much over the last
    several decades.

9
Financial Plan
  • In year one we anticipate getting 1000 songs
    downloaded a day. That equates to 9,900 dollars
    in sales a day.
  • At the end of 2 years, market analysis suggest we
    should be getting around 2,000 downloads a day,
    or 19,800 a day.
  • By the end of year 3, 4,000 downloads a day and
    39,600 a day in gross sales

10
Resource Requirements
  • Personnel requirements
  • Our Starting personnel plus we would need some
    advertising and people to get new artists
    interested in our site
  • Resource requirements
  • We would require several servers to start up with
    and room to grow.
  • External requirements
  • Dedicated line to the internet, servers, server
    maintenance and backups, packaging materials for
    hard copy distribution

11
Key Issues
  • Near term
  • Finding site and dedicated internet connection.
  • Acquiring artist library
  • Long term
  • Keeping in tough with independent artists
  • Artists could sign with a label and bands could
    break up

12
10 Reasons Businesses Fail
  • Our proposed solutions to these problems

13
Bad Planning
  • Stick to the business plan
  • Must plan ahead
  • For see future problems

14
Not Knowing the Market
  • Identify customer base
  • Identify competition

15
Cash Flow Management
  • Accounting
  • Supply management
  • Labor management

16
Inadequate Control
  • Actively supervise
  • Watch investments

17
Failing to Change
  • Adapt to new market trends
  • Follow advancements in technology

18
Procrastination
  • Hit the ground running
  • Stay on task
  • Accomplish tasks in a timely manner

19
Sloppy or Ineffective Market
  • Dont assume product will sell itself
  • Attention to marketing

20
Ignoring Customers Needs
  • Pay attention to detail
  • Customer service
  • Keep Eyes Ears Open

21
Lack of Versatility
  • Inadequate expandability
  • Depending on one product

22
Poor Location
  • Accessibility (Web)
  • Ease of contact

23
Summary
  • Overview of Business Plan
  • 10 Reasons Businesses Fail

24
Thank YouFor Your Time
  • We will be glad to answer any questions you may
    have.
  • We welcome your comments.
  • Or you can reach us at
  • www.ContraDependency.com
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