Is it better to be under contract and get paid up front? Or to be independent and own all the long-term value you’ve accrued?
Show Notes
Is it better to be under contract and get paid up front? Or to be independent and own all the long-term value you’ve accrued?
That’s the question we’re addressing today. We discuss what it means to be an independent creator and spend some time illustrating what we can learn about the future of our work from prominent creators such as Joe Rogan, Michelle Obama, and Joe Budden.
Most of us will probably never reach these levels of fame, but it’s a good conversation to have because of the important implications for creators moving forward.
Main Takeaways
- Unlike many other career paths, the options are endless for independent creators.
- Keeping your personal or professional brand in mind when signing a contract is critically important because that will drive how you impact the marketplace.
- A key question to ask yourself when deciding which path to choose is, “Do you want money now or more money later through more work?”
- It’s hard to “make it” regardless of who you are, so there’s minimal risk going independent and retaining everything that you create.
Links
Creators of the Day
Resources of the Day
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What is The Future Belongs to Creators?
A show for creators, by creators. Every Wednesday, hosts Charli Prangley, Miguel Pou, and Haley Janicek explore the creator economy, discussing the topics and questions facing creators and creative hopefuls alike.