Beyond knowing the art of business, you need to know the
particular business that you are into.
Every business or trade has keys and it
is important that as the set man over the business, you must learn those keys
and know them.
Give your business what it takes to make it work. Don’t just give your best. You must know your business thoroughly.
Check the history, future and present trends in your industry. You must stay informed and constantly keep abreast of the facts of your business.
HOW TO KNOW YOUR BUSINESS
Case study: The Nigerian Music Industry
+ What are the current popular songs?
+ Which artistes or musicians won music awards in
the recently concluded AFRIMA awards?
+ Which music videos are reigning?
+ Which music schools are available in Lagos?
+ As a musician, how can you capture your
audience’s attention?
+ How many music collecting society do we have in
Nigeria? What are their names?
+ As a music publisher, how will I make profit
+ How do I make profit as a musician?
+ What are the current challenges in the music
industry?
+ Do scandals affect the careers of music
artists? Etc.
Assignment
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