According to Jay Foley, artists should gain a thorough understanding of the music industry and its related dynamics.
“Some [artists] Ego, vision…has disappointed me as a result of belief. Most of these talents are short-sighted and want things overnight in 24 hours, it doesn’t work”, He revealed.
Jay Foley maintains that artists must gain a deep understanding of the musical terrain, including its relational dynamics. He compared artist-manager relationships to practices in the corporate world of businesses “Engage professionals to do the work for them and trust these professionals to do the work. Trust, this is key.”
Unfortunately, “most of these geniuses are visionaries”, He regretted that.
Because Jay Foley has a lot of knowledge and experience that other artists have yet to achieve, he has learned that managing an artist is managing people, which takes time to get the desired results. It seems impossible to turn the situation around in the short term. That is, Jai is not a wizard.
Failure to meet the demands of these musical talents often contributes to the fallout between artists and their managers. “Artists, after 10, 20 retweets on their Twitter … they think they’re on top of the world, some of them, they think they’re there. And then ego comes into play.”Jay said.
Money never seems to leave the equation. In this regard, experienced former artist managers revealed that some artists eventually become complacent due to the structure of payments received from their works. “Of course, the money comes in the artist’s name, so if he checks his balance and he’s got $100,000 in there and he thinks you only have 15% of it, he thinks, ‘I’ve got the money so I’ll call the shots.'” Always in case”.
Jay Foley is known for his years of hard work and experience in artist management.