MY WAY OR THE HIGHWAY
Be willing to relinquish control over the finished product
You wrote the song, you own it, and no one can use it without your permission. Once you have given that first permission to record the song, others can record it without consulting you. But before that first recording, if you do not sign the song to a publisher, the song is totally yours to control. This sounds like a powerful position. You might get the impression that you had some say in how the song comes out. Forget it.
Unless you are the producer, or related by blood or marriage, you will not be invited to the recording session. You will have no say in the outcome and no opportunity to contribute to the arrangement or the artist’s performance. This situation ...