Shibbibilybob wrote
I have thought about this issue long and hard, and quite simply, we (south african bands) usually drop the ball.
If you're going to tell me you try to run your band like a business, then I wanna see a business model, a business plan and a stack of capital.
I reckon for most of us it's more like trying to start a lemonade stand that we hope to grow into something. So you don't really go into it with a stack of capital besides the minimum investment. The plan is to learn on the small scale and attempt to build on your successes and reinvest. Because no band is worth investing capital in before you can show certain minimum accomplishments.
But in order to achieve that minimum (the holy grail of a regular, dedicated audience that comes out to gigs to see you - in the case of an original band - or venues that are prepared to hire you repeatedly for more than it costs to get there and back - in the case of cover bands) you still need to be smart and give yourself the best chance of success. I think it's this that Averatu alludes to with the basics.