Money, Music & Meaning (Part 1): Why Money & Music Feel So Complicated | SOLOCAST
Feeling conflicted regarding the role of money in your musical lifestyle? Is your music income not booming in tune with current music industry headlines?
In this episode—Part 1 of a three-part series on Money, Music & Meaning—we explore the relationship between music and money. We discover perspectives on how to approach your musical lifestyle and lay the foundations for clarifying your underlying music motivation and creating a “music career investment” portfolio.
I’m Dave Goodrich, a performing singer/songwriter/producer, and personal music coach. My life is an adventure in song and sound, and I am excited to share what I collect along the way. From the beginning, I’ve always had a deep love for music, and I‘ve spent my life creating and perfecting my lifestyle to surround it.
Join me as we discover new ways to live a richer, more satisfying lifestyle in music.
Together we can take your musical lifestyle to the next level!
Let’s go…where music is life!
More information about me can be found at https://www.davegoodrich.com.
Wear the apparel that I wear whenever I want to feel free and connected and live life golden: eco-chic regenerative fashion from One Golden Thread. With this special offering for 15 Minutes with Dave Goodrich listeners, you will receive 18% off your first purchase with the following code: IAMGOLDEN816374 Two trees will be planted for every purchase. https://onegoldenthread.com/ (See affiliate disclosure below.)
Sign up for the 15 Minutes with Dave Goodrich newsletter at https://15minutes.powersongtribe.media.
Join the 15 Minutes with Dave Goodrich private Facebook group at https://www.facebook.com/groups/15minuteswithdavegoodrichpodcast.
Connect with us at https://www.facebook.com/15minuteswithdavegoodrich.
Contact us at 15minutes@powersongtribe.media.
Presented by Power Song Tribe™, a songwriting adventure company. Find out more at https://powersongtribe.com/.
We appreciate your enthusiasm and support!
To never miss an episode, make sure to hit the Subscribe button on your favorite podcast platform. To help us grow, please leave a review or share your comments on Apple Podcasts, Podchaser, or other fine podcast listening rooms.
Don’t forget to share your favorite episodes on social media. Thanks for joining us!
References and resources for this episode:
Check out these references:
The Lifestyle Investor: The 10 Commandments of Cash Flow Investing for Passive Income and Financial Freedom by Justin Donald (2021, 2024, Ethos Collective)
Live Big: The Entrepreneur’s Guide to Passion, Practicality, and Purpose by Ajit Nawalkha (2018, BenBella Books, Inc.)
- Xposure Music — Music Industry Report 2025 (survey-based independent artist income figures) - Xposure Music Blog https://info.xposuremusic.com/
- Mordor Intelligence — market sizing: U.S. live music market; music streaming market | 2 linked articles - Market Research Company - Mordor Intelligence™ | 2 linked articles United States Live Music Market Size and Share Source: https://www.mordorintelligence.com/industry-reports/united-states-live-music-market Updated on January 16, 2026 Music Streaming Market Analysis by Mordor Intelligence Source: https://www.mordorintelligence.com/industry-reports/music-streaming-market Updated on January 28, 2026
- Tim Cook, Apple CEO | Auburn University Commencement Speech | May 14, 2010 - 8-26-2011 article by Kit Eaton on fastcompany.com entitled “Tim Cook, Apple CEO, Auburn University Commencement Speech 2010”
- MIDiA Research | Global Entertainment Data & Insights - MIDiA Research — recorded music market analysis (H1 2025 updates) Global recorded music revenues up 5.9% in H1 2025 By Mark Mulligan | 29 Sep 2025 https://www.midiaresearch.com/blog/global-recorded-music-revenues-up-59-in-h1-2025
- Reuters — coverage of Spotify payout figures and Live Nation results | 2 linked articles - Spotify says it made record payout of more than $11 billion to music industry in 2025 By Reuters | January 28, 20263:42 PM EST | Updated January 28, 2026 https://www.reuters.com/business/media-telecom/spotify-says-it-made-record-payout-more-than-11-billion-music-industry-2025-2026-01-28/ Live Nation beats quarterly revenue estimates on strong concert demand By Reuters | February 19, 20263:47 PM EST | Updated February 20, 2026 https://www.reuters.com/business/media-telecom/live-nation-beats-quarterly-revenue-estimates-strong-concert-demand-2026-02-19/
- Spotify — For the Record | From $11B in 2025 Payouts to What We’re Building for Artists in 2026 | JANUARY 28, 2026 - Spotify — For the Record Spotify Newsroom — 2025 music industry payouts announcement https://newsroom.spotify.com/
- RIAA — U.S. recorded music revenue reports (2024 year-end; 2025 mid-year) - Reports Archive - RIAA https://www.riaa.com/reports/
- IFPI — Global Music Report 2025 (State of the Industry / 2024 results) - IFPI — Representing the recording industry worldwide https://www.ifpi.org/
- Musicians and Singers : Occupational Outlook Handbook: : U.S. Bureau of Labor Statistics - BLS — Musicians and Singers Occupational Outlook / wage data
Podcast Production Credits
Audio engineering, production & mastering by Dave Goodrich & Sandra Goodrich
Copywriting & graphics by Sandra Goodrich & Dave Goodrich
Theme Music Credits
Theme music “15 Minutes” from the album 15 Minutes by Dave Goodrich:
Written & produced by Dave Goodrich
Engineered & mixed by Chris Salamone
Mastered by Dave Glasser
Dave Goodrich: Acoustic guitar
Chris Salamone: Drums, percussion, & hand claps
Lane Baldwin: Bass guitar
Jeff Covert: Electric guitar
Peter Bonta: Keyboards
Sandra Goodrich: Hand claps
Check out the full version of the 15 Minutes theme song:
For privacy information, see https://www.captivate.fm/privacy-policy-for-listeners/.
One Golden Thread Disclosure: We participate in the One Golden Thread Affiliate Badassador Program, which is an affiliate advertising program that allows us to earn commissions through discount codes and links shared on this podcast, on our websites, and via social media.
Captivate.fm Disclosure: We participate in the Captivate.fm Affiliate Program, which is an affiliate advertising program that allows us to earn commissions through links on Captivate.fm, the Captivate.fm podcast player, and social media.
Mentioned in this episode:
One Golden Thread Affiliate Badassador Discount Code & Disclosure Notice
Wear the apparel that I wear whenever I want to feel free and connected and live life golden: eco-chic regenerative fashion from One Golden Thread. With this special offering for 15 Minutes with Dave Goodrich listeners, you will receive 18% off your first purchase with the following code: IAMGOLDEN816374 Two trees will be planted for every purchase. https://onegoldenthread.com/ (See affiliate disclosure below.) One Golden Thread Disclosure: We participate in the One Golden Thread Affiliate Badassador Program, which is an affiliate advertising program that allows us to earn commissions through discount codes and links shared on this podcast, on our websites, and via social media.
One Golden Thread Affiliate Link
Power Song Tribe™ SWAG Discount Code
Power Song Tribe™ SWAG offers hand-painted silk scarves and sarongs, created from pure imported silk, finished with care, and designed to move beautifully with you. Each piece is individually painted, artist-signed, and thoughtfully packaged for a truly refined experience. Enjoy 15% off your entire first order with code PSTSWAG15. No minimum purchase required. One use per customer. Cannot be combined with any other discounts. Coupon may expire at any time. Discover Power Song Tribe™ SWAG at swag.powersongtribe.com.
