Crucial Music

We've Bootstrapped Two Successful Music Licensing Businesses [With $0 In Marketing]

August 19th, 2021
Tanvi Patel
Founder, Crucial Music
$75K
revenue/mo
2
Founders
4
Employees
Crucial Music
from Los Angeles, CA, USA
started May 2006
$75,000
revenue/mo
2
Founders
4
Employees
market size
$28.7B
avg revenue (monthly)
$154K
starting costs
$18K
gross margin
90%
time to build
330 days
average product price
$100
growth channels
Word of mouth
business model
content-library
best tools
Quickbooks, Facebook, Dropbox
time investment
Full time
pros & cons
40 Pros & Cons
tips
8 Tips
Discover what tools recommends to grow your business!
Discover what books Tanvi recommends to grow your business!
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Hello! Who are you, and what business did you start?

I’m Tanvi Patel, and in 2006, I started Crucial Music Corporation, aka CrucialMusic.com (a music licensing company), with my mentors Jim and Deborah Long. In 2015, we launched CrucialCustom.com, and in 2016 I bought out Jim and Deborah, and now I am the sole owner of the company.

The main product of both services is music licensing for film, television, and advertising. CrucialMusic.com contains 16,000+ pre-existing recordings in all genres of music, and CrucialCustom.com is a virtual custom music house that creates on-demand music for clients by the artists who are signed to CrucialMusic.com.

Our customers for both services include big studios and streamers such as ABC, Amazon, AppleTV+, CBS, Disney+, Fox, HBO, Hulu, NBC, Netflix, Paramount, Showtime, Sony TV and Pictures, Warner Bros, and Walt Disney; ad agencies such as Ogilvy, Energy BBDO, FCB Chicago, and McCann; and independent music supervisors who work for the above and independent productions.

What’s compelling about our company is that our annual marketing budget is $0 for both services. When we launched...

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