Do Artists Need Life Insurance?
Dan Scott Dan Scott

Do Artists Need Life Insurance?

When we think of life insurance, the image of a responsible family person may come to mind, someone safeguarding their loved ones' financial future. However, artists, often celebrated for their creativity and passion, also need to consider the practicalities of life, including securing their financial legacies. In this blog, we will explore why artists need life insurance, shedding light on what life insurance is, the differences between temporary and permanent life insurance, and the unique benefits each offers to those who make their living through art.

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The Role of Actors Under the New SAG-AFTRA Agreement
Josh Saviano Josh Saviano

The Role of Actors Under the New SAG-AFTRA Agreement

The SAG-AFTRA strike is officially over! After an unprecedented 118 days, the longest strike in the history of the union, the studios and union finally agreed on a new CBA and we can all get back to work creating tv and movies again. But what does the new regime look like and, more importantly, how does this impact actors going forward?

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How Do Songwriters Make Money?
Dan Scott Dan Scott

How Do Songwriters Make Money?

Behind every chart-topping hit and moving ballad, there is a songwriter whose creativity and talent bring those melodies to life. While the world often celebrates the artists who perform these songs, it's essential not to forget the unsung heroes of the music industry - the songwriters. In this blog, we'll explore the diverse revenue streams available to songwriters, shedding light on how they can earn a living from their craft.

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Mastering the Art of Budgeting for Creatives
Dan Scott Dan Scott

Mastering the Art of Budgeting for Creatives

Budgeting is often seen as a mundane task, overshadowed by the allure of creativity and the pursuit of artistic passions. However, for creatives, mastering the art of budgeting is essential to ensure financial stability, pursue their artistic endeavors, and ultimately thrive in a world that often values art but doesn't always pay the bills. In this blog, we'll explore the importance of budgeting for creatives, provide practical tips, and reveal how a well-structured budget can be a tool for artistic freedom rather than a constraint.

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5 Key Lessons Entrepreneurs Can Learn From Woodstock
Dan Scott Dan Scott

5 Key Lessons Entrepreneurs Can Learn From Woodstock

Woodstock has remained culturally relevant for over 50 years. I have seen the movies and documentaries, read the books and spent time getting to know the wonderful human behind it all. Here are five key lessons I have learned about business and being an entrepreneur from Woodstock and its founder, Michael Lang.

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Getting Over the Fear of Being An Entrepreneur
Dan Scott Dan Scott

Getting Over the Fear of Being An Entrepreneur

Fear and doubt are what stop most people from becoming an entrepreneur, along with the idea that getting a "safe" job is more practical. The reality is that our fears and doubts are often based in irrational worst-case scenarios and becoming an entrepreneur is not necessarily that impractical.

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Planning for Success: Managing the 4 Types of Capital You Have (and Need)
Dan Scott Dan Scott

Planning for Success: Managing the 4 Types of Capital You Have (and Need)

Your plan for success requires five key elements: purpose (or goal), capital (or resources), team, structure and process. Where most plans fall short is in understanding your capital. Too often, we confine our understanding of assets to traditional financial capital (i.e., money). While important, and great if you have them, financial resources are the scarcest and make up only a small portion of the assets you have at your disposal.

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What Entrepreneurs Can Learn from HBO's 'Succession'
Dan Scott Dan Scott

What Entrepreneurs Can Learn from HBO's 'Succession'

HBO's original series "Succession" focuses on a dilemma many entrepreneurs face: what happens to the empire they build when they retire or die? This article discusses the complexity of business, wealth and legacy succession planning.

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The 6-Step Process to Creating Engaging Content
Dan Scott Dan Scott

The 6-Step Process to Creating Engaging Content

The success of an influencer marketing campaign rises and falls on the authenticity of the creative, their relationship with the sponsored brand and the message being delivered. The problem facing influencer marketing today is that influencers are largely not seen as genuine or authentic at all. If you really want to create authentic content, follow these steps.

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4 Lessons I Learned From 11-Year-Old Will Smith
Dan Scott Dan Scott

4 Lessons I Learned From 11-Year-Old Will Smith

Will Smith — the sometimes rapping, oftentimes acting, always captivating kid from Philadelphia — just released his first memoir aptly entitled, Will. The prologue to the book is entitled "The Wall" and it tells the story of how when Smith was 11 years old, his father made him and his younger brother build a large wall in front of his father’s shop. It took nearly a year, but eventually they finished constructing the wall. When it was complete, Smith’s father stood next to his two children looking at their accomplishment and said, “Now, don’t y’all ever tell me there’s something you can’t do.” The most profound lesson, however, did not come out of completing the wall (after all, we have all heard that hard work pays off); rather, it occurred early on in the process.

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4 Ways to Spark Your Creativity
Dan Scott Dan Scott

4 Ways to Spark Your Creativity

Creativity is part of human nature. We are all creative in that we possess some form of creative intuition — that inner voice that speaks to us from time to time and seems to spontaneously produce ideas. As a species, we have a conscious awareness of self and, as a result, see and experience the world through our own unique lens. It is our unique lens — our perspective — that gives way to our creative intuition and our ability to produce original ideas of value. Unfortunately, many of us lose touch without our creative intuition over time and either bury it deep down inside so that it is not heard or we simply choose to ignore it. The good news is that it is always there, and there are ways to channel it.

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The Most Important Investment You are Probably NOT Making
Dan Scott Dan Scott

The Most Important Investment You are Probably NOT Making

If you have been invested in the stock market the past several years, you have probably done pretty well for yourself in terms of your financial return. Still, you have probably overlooked the most important investment you could possibly make with the greatest potential return: relationships. Social capital, or your relationships, is one of four types of capital you have and, for the reasons discussed in this article, is the one with the overall greatest return in your life.

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Finding an Athlete’s Life Purpose
Dan Scott Dan Scott

Finding an Athlete’s Life Purpose

The 2021 NFL Draft came to a close early last month with some 259 young athletes officially beginning their professional football careers. They will enter the NFL believing that this is their life purpose. Well, unfortunately for them, it is not. The reality is that all athlete’s will be unable to physically play their sport for their entire lifetime, with most retiring or having their careers end before they are the age of 30 years old. To the extent that you understand your life to have meaning, purpose and value in this world, surely that does not all end before you turn 30, right? While playing sports may not be the answer itself, understanding why an athlete plays sports may very well be the key.

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Why Do We Create?
Dan Scott Dan Scott

Why Do We Create?

If you are a creative person, then you know that creativity is not something you choose—it chooses you. Creativity, ideas, are thrust upon us. We are compelled by what feels like a force outside of ourselves, at least outside of our conscious mind, to create. All of a sudden, like lightning reigning down from the gods, we are struck with an idea. We hear a song, or a lyric. We have a vision. A story comes to mind to express an emotion or truth. The solution to a previously unsolvable problem becomes apparent. What once seemed like random events or occurrences suddenly piece together like some divine puzzle. It is instantaneous and feels neither willed by us nor within our control. So, what is it?

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Vai on Van Halen: Three Lessons About Creative Intuition
Dan Scott Dan Scott

Vai on Van Halen: Three Lessons About Creative Intuition

Following the passing of guitar legend Eddie Van Halen, another guitar legend—Steve Vai—penned a thoughtful tribute to Eddie’s “genius.” It is a rare opportunity to read one creative genius’s insights about the creativity of another. The result is a short essay about creative intuition that applies to anyone and everyone, not just guitar enthusiasts or musicians. This article discusses three key lessons about creative intuition we all need to know.

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The Beach Boys and Building a True Legacy
Dan Scott Dan Scott

The Beach Boys and Building a True Legacy

The Beach Boys have sold a controlling stake in their intellectual property—including their master recordings, a portion of their publishing, the Beach Boys brand, and their memorabilia—to a new company created by music mogul Irving Azoff called Iconic Artist Group. While a lot of artists, particularly heritage acts like the Beach Boys, are thinking about their estate planning—after all, they have families and complex financial concerns—and they are also thinking about their legacies, but the two are not the same.

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