$69 Jaddan Comerford: Inspired by dad and starting music record label at age 17 to $20M Unified Music Group today, how monetisation and artist model works & unpacking spotify

Welcome to episode #69 w Jaddan Comerford! Here are 5 key takeaways that I think you will learn from this episode today:How his parents inspired him to have a go which led to starting his music record label at age 17?What helped Jaddan succeed starting his own business right out of high school? Unified Music Group today has 70 employees and $20M in revenue without any external capital raised. A-Z of Unified Music Group and the support it provides artistsThe challenging economics in music and why artists earn less than 20c a stream on Spotify?How did Jaddan get started investing 4 years ago?BONUS: Jaddan mentions, “not all that glitters is gold” and ask yourself, is it an opportunity or a distraction?***TIMESTAMPS03:00 - Jaddan quick facts 03:45 - High Flyer in Jaddan’s life 04:50 - Jaddan’s sunrise: influence of family + environment 07:30 - Inspiration from his entrepreneurial parents 08:50 - Not fitting into private school 11:05 - Average marks graduating high school 11:50 - First 3 months of starting Boom Town records at age 17 14:35 - Learning how to run a startup early on 16:20 - What helped him succeed starting out at 17? 20:30 - Balance between inner belief and over confidence 24:00 - Dynamics of people in music industry: trust in relationships 27:15 - Basic introduction into Unified Music Group and operations? 30:20 - How does an artist get discovered? 32:20 - Monetisation model in Music: Do Artists earn less than 20c a stream on spotify? 36:40 - Independence vs going direct to audience and discovery 38:50 - Touring provides biggest return for artists and how it’s returning after COVID downturn 40:35 - Involvement in MODA DAO and Web3 for Music 42:45 - How did Jaddan get started investing 4 years ago? 48:00 - How has Rachael made him a better person? 49:40 - Final sprint***Thank you for rating / reviewing this podcast on iTunes and Spotify, as it helps others find us and convince guests to come on the show and grow the show with sponsors and partners. Follow us on Instagram, LinkedIn or Twitter for more!This show showcases relatable role models, re-imagining a high flyer to help you achieve your potential and be 1% better everyday!Contact Vidit at [email protected]