286 – Don’t Panic

The New Music Industry Podcast | MusicEntrepreneurHQ.com | with David Andrew Wiebe

Scammers are everywhere. People are desperate. In tough times, people will go to extraordinary lengths to cover their bills and meet their needs. In his coaching efforts, however, David often helps his clients create “possibility lists,” a long list of items (usually 50 to 100) possible sources of money an artist or entrepreneur can leverage to get themselves out of tough times. David usually finds his clients are back on track by the time they’ve actioned five to seven items. In this episode of The New Music Industry Podcast, David shares how to navigate the desperate post-pandemic world. Download the PDF Transcription Podcast Highlights: 00:18 – Scamming is at an all time high 01:23 – A post-pandemic economic downturn 01:47 – The feeling of desperation 02:22 – Catfishing attempts 03:25 – Negative influence of the movies 03:42 – Opportunity and problem solving 04:15 – Creator economy 04:33 – Freelancing 05:05 – Advertising 05:22 – Affiliate marketing 05:44 – Collaboration 06:11 – Sponsorships 06:26 – Other opportunities 07:29 – Final thoughts Sponsors: Productivity, Performance & Profits Blackbook: The first of its kind – David’s new premium book covering productivity, featuring content from Music Entrepreneur HQ, his personal blog, his many books, and even Start Your Year the Right Way, which is included in its entirety. Be fully unleashed in accomplishing your dreams and desires! The New Music Industry Podcast Unisex Fleece Zip Up Hoodie: Another exciting addition to our merch line. The official zip up hoodie is warm, comfy, stylish, unisex, and it’s even available in multiple sizes and colors! Click the “Buy this” button to add yours to your wardrobe now! The New Music Industry Podcast Unisex T-Shirt: It’s finally here – the official podcast T-shirt! It’s comfy, it’s stylish, it’s unisex, and it’s available in multiple sizes and colors. Click on the link, choose your size, and color, and click on the “Buy this” button to get yours now! Transcription: Scamming is at an all time high. I pulled some stats from LegalJobs for your perusal. In the U.S., one in 10 adults will fall victim to scam or fraud every year. In 2018 alone, internet enabled theft, fraud, and exploitation were responsible for a massive $2.7 billion in financial losses. In 2019, phishing attempts grew by 65%. One in 10 profiles on free dating sites is a scam. Anecdotally, I see attempts at scamming on a near daily basis, be it on Twitter, WhatsApp, BEGO LIVE, Line, YouTube comments, or otherwise. I posted a video on a Coinbase Wallet scam in 2022. I ended up losing about $500 and every day there are multiple scammers trying to get people to sign up for their so-called services to recover their crypto, which is the furthest thing from their mind. They're just trying to take more money from the people who've already potentially lost thousands, tens of thousands, hundreds of thousands of dollars. Adding insult to injury, a post pandemic economic downturn was a foregone conclusion in my mind. It surprises me when people are so taken aback that things are taking a turn for the worst. I mean, we have clowns running this country and it doesn't look all that different for our friends down south, so I'm not sure what people expected. But this is not a political show, and you don't need to agree to my opinions. Desperation I understand well the feeling of desperation. I've gone broke and in debt at least three times. A credit card company even started taking legal action against me last year. I suspect there's a decline in morality and increase in narcissism and sociopathy because I don't know about you, but my conscious would be seared and rattled with guilt if I tried to extract money from people using anything less than ethical and legal means. I'm all about working for big bags of money, don't get me wrong, but I put more than an honest day's work in on any given day,