Starting Your Own Company
Music publishing is a business. If you have a relatively good head for business—or even a marginally good head for business—you will want to seriously consider having your own publishing company at some point in your songwriting career (preferably sooner rather than later). It’s hard for me to understand why a songwriter would want to give 100 percent of the publisher’s share of his song to an outside publisher when some, most, or even all of the publisher’s share could belong to the songwriter’s own publishing company.
However, I’ve almost always been on the business end of the music business, so I can’t claim to know what it’s like to actually be a professional songwriter and have a songwriter’s point of view ...