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In this video, the speaker discusses key steps for starting an independent record label. First, it is essential to set up a company, which can be done for a few hundred dollars. This offers personal asset protection and enhances professionalism when approaching distributors or major labels. Having an LLC or Inc. designation gives the company credibility. Additionally, it’s crucial to sign artists to your label to ensure you have talent ready for promotion and distribution. Overall, these foundational steps are important for establishing a successful record label.
