Mobile DJ Business Earnings Potential
Monday, January 2nd, 2012What is the earnings potential of a mobile DJ business? Well, I have to be careful how I answer that question. This blog post is not an income claim. There are too many factors involved in this business for anybody to accurately predict the profitability of somebody else’s business. While I believe anybody can make good money as a mobile DJ, it is possible that you could lose money in this business – that is true of any business. You alone must assume the financial risk associated with starting your own mobile DJ business.
With that disclaimer in mind, let’s talk dollars and cents.
I said something about risk earlier. What risk? There really is very little risk when you become a mobile DJ. There is the risk that you will spend money on equipment and music, after which you will not find any clients or make any money. The money you spent on equipment would be a loss – but you can always return it or sell it to recoup the costs. That is really the only risk you will encounter. What’s my advice for avoiding it? Don’t spend too much money up front. Go cheap, buy used when possible, and only upgrade your equipment by re-investing your profits.
How much money can you make as a mobile DJ? Here’s a quick scenario:
You book a gig with a new client. The client asks you to provide music and lights for 3 hours next Saturday evening. For your time and services, you charge a package price of $350.
Rinse and repeat that once per week, and you just made $350/week. Not too bad, right? You are only working 3 hours plus setup/travel time. That’s a great extra income. About $1,400 per month of extra money.
Now imagine you were able to book 2 of those gigs per week. One on Friday night and one on Saturday night. Now you have doubled your profits. That’s $700/week or a monthly income of $2,800!
Is that a realistic income? Sure. Those prices are pretty accurate in most markets. And if you are DJing a wedding, odds are you will charge even more than that. So how much can a DJ make? If you can book 1 or 2 gigs per week, you are looking at 1-3 thousand dollars a month for only a few hours of work. The income is really up to you – how hard do you want to work? How diligent will you be when it comes to finding clients and booking new gigs? Only you can determine how much money you make as a mobile DJ.
But I think you can see that the potential is pretty impressive.
Learn More About Making Money In The DJ Business