Posts Tagged ‘how to start a dj business’

Mobile DJ Business Earnings Potential

Monday, January 2nd, 2012

What 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

Choosing Equipment For Your DJ Business

Monday, January 2nd, 2012

One of the most common questions I get from would-be DJ’s is, “What equipment do I need to start a DJ business?” Luckily, this is also one of the easiest questions to answer.

You really can personalize your setup according to your needs. If you don’t have a bunch of money to start a DJ business, then you can get a few bare-bones essentials. You can always upgrade and expand your equipment later –when you have some profits rolling in.

Where should you start? The obvious starting point is your music library. You might have a really nice set of speakers and a huge sub woofer… but if you don’t have all the music your clients want, then you won’t get too many gigs. Work on expanding your music library first. Get songs from all eras and from all genres. Oldies, disco, pop, rock, r&b, hip hop, dance, etc. You should try to develop a good selection of all music. Then you can start to focus on your gear.

Next, get your hands on a DJ mixer. These are fairly cheap, but you can find more expensive ones with lots of extra features. I have seen DJ mixers for as low as $60. Just about anybody can afford that, right? This mixer allows you to plug in a sound source (CD player, iPod, etc.) and route that music to your speakers. Many people decide to purchase a dual CD deck as well. This is pretty much the standard in the mobile DJ community. But if you want to save some money or use equipment you already have, your iPod will work just fine for getting started. Plug the iPod into your mixer and get the party started.

Speakers are your next hurdle. Many beginner DJ’s will borrow speakers at first, or they will use home stereo equipment. That’s fine for your first few gigs, but you should really get something more professional ASAP. You want two main speakers with at least 12″ drivers. These speakers may be active or passive, meaning they are self-powered or they require a power amp. Active speakers are usually more costly, but you save money on a power amp and you don’t have to carry that extra equipment to every gig.

Now that you have the basics of your sound gear, you might consider some basic lights for your show. Check out sites like Musiciansfriend.com for starter light kits. They are usually only $120-$200, and they will work just fine for a beginner.

That’s it! You have all the equipment you need to start booking clients and bagging profits. The DJ business is fun and lucrative, so I hope you enjoy it as much as most DJ’s do.

For a great mobile DJ business course, check out MobileDJProfits.com. This audio course covers everything from the basics to the advanced business tactics that will make you tons of money as a DJ!

Click Here to Visit MobileDJProfits.com