#301

Рет қаралды 19,817

Жыл бұрын

In this vlog I am getting real with you about cashflow when you're a DJ, from fees to what you actually earn at the bottom line. Did you know about this and are there things you didn't expect? Let me know in the comments! 💰
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Пікірлер: 137

@antonvalentine 11 ай бұрын

Takeaways: - Don't quit your day job just yet - If you're playing abroad, try to book multiple shows within that same trip - Live on a budget - Try to be as independent as you can so you don't have to split your earnings as much

@KazanWaugh Жыл бұрын

Luke is Always breaking down the real stuff.

@MikeyGlazer Жыл бұрын

Yeah. Nobody else will talk about money. We want to know.

@MORRILL_MUSIC Жыл бұрын

If I wanted the easy life as DJ I would of became a local wedding DJ. This life ain’t for everyone only the real ones make it work. Your consistency and long lasting career is the inspiration anyone needs.

@laidbackluke Жыл бұрын

Thank you for the awesome comment, Preston!

@KNF01 Жыл бұрын

Local wedding DJ - that one is horror from start to the end. Yes you get paid pretty well and lot of fun gigs but If you really want easy life then lounge/terrace dj would be it.

@yogawithdom Жыл бұрын

Hahahaha! Making everyone from 6 year old grandchildren to 80 year old grand parents dance for 6 hours is not easy!

@theleague383 11 ай бұрын

Who the hell wants to be a “Local wedding DJ? Shit sounds horrifying

@dj_paultuk7052 Жыл бұрын

Good things to note Luke for the young players. When i started out in Reading / Newbury back in 95/96 i was just getting cash in hand and was loving it. Until 10 months in and a brown letter arrived in the mail from Mr Tax Man, yeh that hurt. They find out!, so always put aside taxes. For an international DJ such as yourself i know thats an absolute nightmare.

@ItsWesSmithYo 10 ай бұрын

Good break down of the Artist/DJ specific processes and related “line items”. Everyone interested in how to manage this should read a book on small business management and finance. That will give a structure for any business, and then these line items will fit nice into that framework and pay off on spades when growing and working with all those people, income, expenses, that you will pay. Rave on ya freaks.

@austinkramer Жыл бұрын

Love this Luke, thanks for sharing! (Small tip for any DJs with a LLC in the US starting to make significant fees; file as an S Corp to save on FICA )

@OscarTroya Жыл бұрын

😎

@laidbackluke Жыл бұрын

Yes sir! Thank you for mentioning this!

@andrewarcane Жыл бұрын

Thanks for this Luke!

@djsoomo Жыл бұрын

Thank you Luke for keeping it real and explaining the reality of the situation that those in the business are not aware of- It can be even worse for promoters that may up making a loss!

@djplastix Жыл бұрын

Yes it all makes sense same here! Also for mobile DJs it's minus taxes, transport, food, assistant and speakers, mic, lights rent costs. Or better could be an investment where u buy all the equipment and use ur own, and the coats splits on all the events you work.

@laidbackluke Жыл бұрын

Man I didn't even think about Mobile DJs, good call!

@DJBradSmith Жыл бұрын

Thank you! Love the advice. I've been making a living Djing dance music since 92 but I still learn something new in every one of your vlogs!!

@chainlezmusic Жыл бұрын

very interesting video Luke! so good that you start from getting the first ever gigs to getting national and international shows and how it all comes together when you having a Team around you.

@hoo_dofficial Жыл бұрын

Yoo thanks so much Luke for this video! I'm a DJ/Producer out here in Vancouver Canada and I do want to get big some day and this video opens my eyes on what you have to prepare for/budget for. Keep them videos coming! Hootie Hoo!

@VarunPratapSingh Жыл бұрын

So good to get a video notification from one of my favourite channels!

@DJXquizitOfficial Жыл бұрын

Some additional details: I like to plan a vacation in another continent and pay those costs up front then have my booker look for shows. A recent month long trip to Europe to include ADE ended up netting me a few bucks despite paying flights, Uber, train, and hotels myself over 9 bookings in 6 cities over 3 weeks, ending the tour back home at the Formula 1 Mexican Grand Prix. Another way I handle residencies is finding the base amount the club usually makes per weekend. Since my style of playing leads to a lot of singing and thus, a lot of drinking, my shows tend to make quite a bit more than the other DJs in my city. So after a couple of weekends we go through the books and I take 10-15% of the additional income, which tends to justify why my residencies pay considerably more than other local DJs.

@laidbackluke Жыл бұрын

This is a pretty awesome set up, thank you for sharing that and way to go man wow!

@imusiccollection Жыл бұрын

Get ready for your year of the dragon next year, Luke. You're going to ROAR! 🔥

@laidbackluke Жыл бұрын

Oh wow I didn't even realize that! I'm getting ready for sure!

@johnnychipello919 10 ай бұрын

good thing i went into accounting instead of DJ'ing. You're awesome!!

@gary8411 Жыл бұрын

Very Realistic Luke. I applaud you. CHEERS! Great Video!

@williamfranco7526 Жыл бұрын

Laidback Luke the legend! Thank you!

@DJWixel Жыл бұрын

Luke, just wanted to tell you i loved your Ultra Miami set 🔥 straight banger!

@DJJordanSanchez Жыл бұрын

This is hands down one of the most helpful videos for a DJ on KZfaq right now. Also, I’m a sucker for numbers!

@TheMAU5SoundsLikThis 11 ай бұрын

Really enjoyed the breakdown. At 31 a lot of the calculations make a lot of sense to me, which wouldn’t have been the case when I was 20, say 😂 Really valuable video for younger ages especially

@markromamusic Жыл бұрын

Loved this one Luke 👌

@divanadj Жыл бұрын

Very informative video Luke. Thank you for this!

@mashupnationph3484 Жыл бұрын

Always amazing stuff indeed 🎶🎵🎼

@user-fa4jcdep1dc2 Жыл бұрын

Thanks for sharing your experiences!

@brettantoni Жыл бұрын

This was an amazing and extremely insightful Video Luke! I'd be interested in more videos discussing the business and economics side of the touring/DJ-ing industry as an up and coming Producer/DJ to help know how to manage/set expectations. It seems as though that is something extremely hard to find especially in the edm/dance music space.🙏

@SPFAlpha Жыл бұрын

I love the breakdown, got to see you in Denver way back. Salud

@MOSKAHOUSE5 Жыл бұрын

ufff what a good video! props luke!

@mauimedellin 11 ай бұрын

Really good insight Luke. Thanks for sharing brotha

@darthvulture 11 ай бұрын

Great insight into this! and makes sense how much some of these big artists earn then consdering the huge team they bring with them.

@MauriMoore 11 ай бұрын

In Spain, what a national dj charges is with all expenses paid by the club that hires him: flights, dinner & hotel for 2 . If he charges €500, this is with taxes apart, that is, 500+ 21% VAT = €605. Right now they are charging from 500 to 2k euros , and above that are the most famous ones who obviously charge much more .

@lambadainc8510 Жыл бұрын

KZfaq hasn't suggested your videos for at least a year. So crazy, I had the bell activated though...

@laidbackluke Жыл бұрын

That's so strange! Well then there's at least 26 videos you can catch up on. I've still been going 😅 Happy you found me again!

@marvinvasp9108 Жыл бұрын

Can't wait for the Philippines vlog. Basstrip Bohol was on 🔥🙌💯

@junior_vancity Жыл бұрын

Thank you for breaking it down for those who are starting out in the business.. Also about out to everyone that's ever driving to a set!😂

@dubtechnosessions3161 Жыл бұрын

This would have been an interesting video if you used real life examples ie. I played this festival this year got paid X costs were Y & Z or I made this when I started it took me this long to justify an increase in my fee and so on. Subd either way though for all the good times I had seeing you dj. Nice to see you on KZfaq giving advice. Super good of you. Cheers Luke thanks again for the irl joy you brought me and my friends. Appreciate you

@belyaevkirill0103 Жыл бұрын

Thank you so much for this video

@nicholaimifsud Жыл бұрын

Always a pleasure watching your vlogs and more importantly occasionally party with you at a club or festival. As always, i will see you at Tomorrowland... for the 7th time.

@djbabek Жыл бұрын

I'm tired of explaining to people that a $500 DJ gets less than the woman who cleans the toilet at the club... Think about what's left of an 8 hour stay at the club - Transportation - Taxes - Invest in material and music - insurance and finally food are still an issue for local gigs - when it starts "starting in your own country" and you need more than 3 hours drive - then the costs explode to another level... taxes - Taxes Taxes - here in Germany partly double and triple. At the end you have 15 dollars an hour... Teulette women makes 25 an hour - thank you

@DJGemStar Жыл бұрын

This is some great info

@Morphious117 Жыл бұрын

Looking forward to seeing you live

@djfreshandeverythingchanne5429 10 ай бұрын

Wow you're also Filipino? Cheers bro!!! How I wish to see u in person 😊🙏🙏 You're music is awesome 👌👌👌

@user-vh4ph7ij4z Жыл бұрын

Kuya Luke i miss you

@wonderwonderwonderwo Жыл бұрын

For the first time in my life I can actually write "First"! 🙌 Keep doing you Luke ❤️

@KoiFabiosa Жыл бұрын

This was really educational, Kuya Luke

@marcusstubbs6034 Жыл бұрын

I think the most important question is: does Steve Aioki pay for his own cakes??

@tronist Жыл бұрын

He might b able to afford it

@mescaleo5597 Жыл бұрын

😅😅😅😅 Good question

@ravirana2001 Жыл бұрын

Marketing team bro 😂😂😂

@KoiFabiosa Жыл бұрын

😂😂😂

@dylanpajuelo8352 11 ай бұрын

I think the team premakes the cakes before every set

@Tonyy2Nite Жыл бұрын

@Laidbackluke Great Video 👊🏼 Can you please make a Video about how much do Artist make when releasing a Track through a Label!!! How to avoid labels keeping the Masters of your Music!!! Thanks ☝🏼

@citysupplies Жыл бұрын

Thanks

@laurenspagen Жыл бұрын

Cool video!

@UrbanLikwid Жыл бұрын

What a hustle! Easier to be a pusher hustling the streets. Would have like to see real DJ number examples. For example what does it cost to book LBL in Australia, what are the expenses and what is the end net.

@Marineight 11 ай бұрын

Hi Luke. What would you do if you'd have to start djing and producing nowadays? how to reach the crowd, how to get heard?

@djason_music Жыл бұрын

Very interesting! I’m a hobby DJ so the ROI for me is always just having fun. Is this part of the reason we see so many big DJs (yourself, James hype, etc) move intro producing, starting labels, sponsorship, etc?

@laidbackluke Жыл бұрын

That's a great question! The higher you get on the ladder, the more opportunities around tbh. I personally was a producer first before I became a DJ so I had already been putting tracks out. But keeping it under your own umbrella (ie starting your own label) can be beneficial. But then again, can also work against you because other labels and organizations won't have as much incentive to sign your things. There's plenty of scenarios and options out there!

@davidfenton109 Жыл бұрын

Only pay taxes on what is left of the fee after deducting all your business expenses (travel, lodging, meals, business entertainment (drinks with Afrojack etc.)). Hope to see you soon at a festival in Texas! I'm not a producer but love making EDM mixes :)

@djvektormd Жыл бұрын

Would be awesome if you can do a video on the business aspect of the bookings. How do you negotiate the riders, including hospitality. How do you "feel out" what is a reasonable ask (Fee, riders, etc). With your experience, I would love to hear tips, tricks, advice, and more importantly...never ever do XYZ.

@21acog Жыл бұрын

Can you make a video on situations of when its the right time to do this full time? Maybe with a few use cases - For eg - I’m a top producer on some big labels but not big on social (followers, fake followers etc) so hard time getting picked up. Is it strategic to hire an agent before im noticed so i can leverage his connections? Things like that would be helpful.

@laidbackluke Жыл бұрын

Ah that's an awesome subject for a new VLOG! I love it. But let me give you the short short answer in the meantime: If you can pay your rent, groceries, car and etc from your net income, that's the time to start considering being full time. But man, there's so much more to that. Stay tuned!

@abbasahmedlp Жыл бұрын

Hey luke, i was wondering if shows like shared revenue with the promoter existsin industry.... Also is it artist alone who invests in free fan concerts like hardwell did in india?

@Mizzobeats Жыл бұрын

🎉🎉🎉

@bonogmgm2650 Жыл бұрын

i like the ETH charts

@ShyXoMusic Жыл бұрын

Hello, how are things? Sorry for the inconvenience, I wanted to ask you a question about those extra dollars you have to spend on travel and food. What do you have left over of what you need for your day to day at home. Obviously, for an artist like you, I don't think he has that much time to be at home, he spends it more than anything traveling. When you don't do your dj role, do you have enough to live comfortably or not? What I mean. It's you who come home after playing your dj role. And you have to come home with your earnings that allow you to live.

@matkooooooo Жыл бұрын

What is the best way to switch from bedroom DJ to real DJ? :) Any good advices? I.e I am bedroom DJ for a year, but never played in front for the people (and it is not easy to start in my age as I am 30+, so "school parties", etc.. are out of hands for me)

@imusiccollection Жыл бұрын

Just play out as much as possible and get experience. That's the best teacher. Do it for the love..

@matorb4683 Жыл бұрын

I miss the Kung fu athlete in the intro🥲 Did you stop with kung fu? Are you going to do a video about it? Thanks for your amazing videos all these years!!

@aleksiz_ Жыл бұрын

And dedicated dad. I think he stopped being that too

@laidbackluke Жыл бұрын

Ha ha you guys, no I'm still a Dedicated Dad and a Kung Fu Athlete! I'm a Kung Fu teacher, I can't quit : ) I just needed to make the intro shorter that's all!

@freshtodeath88 Жыл бұрын

Do you save for retirement?

@mickharrison90 Жыл бұрын

Great video. I got the dj booking fees all wrong. So how does things like Miami Music week work as there are a lot of djs there. Also any UK shows planned? 😊

@dj_paultuk7052 Жыл бұрын

Still exactly the same, you are booked via your agent. If your mates with lots of other DJs then sometimes we all pool in and pay for a large hotel room as it works out cheaper. Been there done that. Luke should be back over here for Creamfields, DLDK, and possibly MoS again in October for his usual slot.

@mickharrison90 Жыл бұрын

@@dj_paultuk7052 Thank you very much. He's not on the Creamfields lineup weirdly

@dj_paultuk7052 Жыл бұрын

@@mickharrison90 I dont think the list is complete, just checked. I know other DJs that are going and they are not on the website list yet.

@IVCMusic Жыл бұрын

you forgot healthcare + pension 😂 basically you need to be constantly on the road if you wanna survive. the only good thing out of this career is the social life & seeing the world. but its a life for solo people, there is often no room for a family life unless you got lucky. one taking care about things with their stable job, the other goes touring

@KevvyQuezada Жыл бұрын

The highest I was ever payed in a rave was at a small local club for 100 bucks and before that I was doing bigger shows from $30 - 60 while everyone gets 100 and up

@Axon_the_neuron Жыл бұрын

Not the first time I've heard this exact same senerio with how the money is spent

@theleague383 11 ай бұрын

Wth i thought i was going to learn how much headliners make lol

@dennybellens6071 Жыл бұрын

One day I will make it like you. 👈👉

@LaurentEgliAdventure Жыл бұрын

You’re missing Insurance you’re going to need a liability insurance and also insurance for if you get sick or in an accident.

@laidbackluke Жыл бұрын

Ugh you're so right!

@Maldives_Bitch Жыл бұрын

I was hoping to hear if DJ’s get a cut of drink sales or how a venue can afford a DJ like Tiesto. Seems like the ticket sales couldn’t add up to his very high fee.

@laidbackluke Жыл бұрын

John, great question! From my experience it's very unusual for DJs to get a cut of drink sales. Unless it's a hard ticket show, I could imagine a set up like that, but again, it's not very common. How a venue could afford Tiesto is through sponsorships (big brands attaching to the night) and having a lot of bottle service going on. With the interstellar prices of bottle service, this would render the venue enough money to afford a top tier DJ like Tiesto.

@OiVinn-eq1ml Жыл бұрын

Isn’t a Manager & Booking Agent the same thing? Or make them the same to save money

@adreelb Жыл бұрын

Booking agent is the person who helps you to get gigs as it has the connections with the club and festival promoters. Manager is the person who helps you to lead your career into a sucessful road, putting your music on labels with good deals, getting you remixes etc. Grosly talking It's like booking agent has the contacts for gigs and manager for put your music and career in the correct place. Ofc it depens on multiple factors

@OiVinn-eq1ml Жыл бұрын

@@adreelb Thanks!

@Trailer__Swift Жыл бұрын

$150 on room service for a one night gig? Bruh…

@davidfenton109 Жыл бұрын

Even if was making some coin I would look for budget eats and drink outside the hotel. However if pressed for time and earning enough fee $150 may be warranted. Interesting the business side of DJing. Time = $ so may be worth it to pay $150 for the time it affords you to get that gig and be near it!

@Kevinbellofficial Жыл бұрын

I took me years to understand this.

@ThePurpleSnork Жыл бұрын

This is more "how much it costs to be a DJ". What we all want to know is what the gross is for playing a show like EDC. We know how much taxes, hotel, food, and travel are. We pay for those, too, obviously. I've heard numbers from $20,000 to over $50,000. If a DJ is losing money on that gig they're spending too much money.

@sellingwhips Жыл бұрын

Yea i thought same, would like to know how much they are getting paid for the bigger shows/festivals/club nights

@ThePurpleSnork Жыл бұрын

@@sellingwhips Every "how much do DJs get paid" video I've ever seen focuses on the fact that there's a cost of doing business, while they never talk about the revenue. Chances are good they have signed nondisclosure agreements so they can't say.

@blaiswilliam Жыл бұрын

They probably have a NDA

@sellingwhips Жыл бұрын

@@blaiswilliam yea prob. But ay if we get enough ppl asking maybe Luke can give us a hint/clue....or just say a range of pay for other djs

@freshtodeath88 Жыл бұрын

They should indicate that then because we know the cost. Does the NDA prevent to even mention there’s a NDA? 🤔

@vidoemakenoke2424 Жыл бұрын

Helaas oké

@louguzzo4977 11 ай бұрын

I argue with mobile/wedding DJ about this all the time! You might charge $2,000 for a wedding, but what are you really making? All your overhead sucks from that 2K. gREAT VIDEO!

@alexsauber Жыл бұрын

Well sounds not that "clear" to me: Depending on the Agents it's mostly Artist Fee + 10-15% for the agent + travel cost (flights etc) (flights may not come on top if you book the artist "landed") then the promoter has to guarantee the forwarding to the event (ground transportation airport- hotel- venue- hotel - airport) adding a 5* hotel mostly, for the artist & his travel party (Agent, tourmanager, buddy...) then the promoter agrees on the rider which obviously defines the dj gear BUT also the catering (and other extras) then the SFX are defined in the contract too, an the promoter has to deliver them.... never seen an artist pay for sfx....;)

@MauriMoore 11 ай бұрын

this is more realistic than the video .

@OiVinn-eq1ml Жыл бұрын

$150 in Food!?? What are you eating? Caviar??

@KellyDavisMusic Жыл бұрын

And you'll never make money from your music anymore. It's all touring now. "Respect the artist, support the music."

@djjameshayes9766 Жыл бұрын

What are taxes 😅

@nickvobelg Жыл бұрын

7:34 its Saint Petersburg lol! My hometown!

@AlexNH56 Жыл бұрын

Is Calvin Harris still the highest paid dj?

@johnnyv303 Жыл бұрын

Wonder what he got for Coachella and what was Ellie Goulding's cut 🤔 lol

@jasez8812 Жыл бұрын

Put it this way...Calvin appears to only play shows every few months or few times a year...I think he was paid $1million for a club opening in Las vegas. Probably millions for coachella headline this that happended this month.

@afrojockers Жыл бұрын

First Bed room DJ => Resident DJ => Local DJ => National DJ => International DJ => Superstar DJ , the last thing We would like to do is to Play a set for UFOs😅🤣🤣👽👽👽@laidbackluke Would you play with us for free for da 👽👽👽👽?😛😇

@prepaidtrash5552 2 ай бұрын

$1000 for an international set doesn’t seem realistic

@DJDRIIIFT Жыл бұрын

So the most important lessons we're getting here: 1. Tax = THEFT ;) 2. Never ever play for free as long you will be making money from something else related to your gig (no, exposure won't pay your electricity bill)

@davidfenton109 Жыл бұрын

Is proly the same Internationally as in U.S. however only pay taxes on what is left over after taking all the meal/travel/hotel deductions etc...

@RAMSEYSPENCER 11 ай бұрын

Bad Bad and misleading title change it to where the dj spend their money on when they get paid You didn't mention anything about how much some level of dj get paid and others or so on...all you talked about tax and hotel which not your business ...you said in the misleading title what do they make ...but your video all about hotels and flight tickets ..change your video title

@DaFreak98715 Жыл бұрын

Being paid under the table is nice, you don't have to pay taxes

@marioaguirre3708 Жыл бұрын

The real question is.......what's your fee, Luke?

@rejoinslarepubliquedebourg1436 Жыл бұрын

If you don't declare what you earn you don't need to pay taxes 👀👀

@dj_paultuk7052 Жыл бұрын

But it wont take long for that brown letter to arrive in the mail. And thats a bad day......

@jan_777 Жыл бұрын

@@dj_paultuk7052In Germany I had been playing for more than three years and „they“ never send me a letter. On the other hand, my club paid cash and never told who they paid😂