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1) Spotify Plays Don’t Equal Fans
I can’t tell you how many artists I see on Spotify with hundreds of thousands or millions of streams, but can’t get even 100 out to their local (or any) shows. Or get anyone to back their crowdfunding campaign. Or support them in any way whatsoever. These listeners are not fans of the artists, they are fans of the playlist these songs got included on. You must understand this new world of streaming we are in. 10 million plays ain’t impressive anymore. Know what is impressive? Bottom lines.
11) If All Your Eggs Are in Instagram You’re Doomed
Yes, Instagram is the hottest social app out right now (sorry Snapchat). But that doesn’t mean it always will be. I’m sure you’re too young to remember Myspace, but at one point the only online presence that mattered for musicians was Myspace. Those that didn’t grab their fans and transfer them to a database they owned (i.e. email list) lost contact with all their fans when Myspace died.