Is running a label a business or a hobby? It's always a question I have to ask myself and most of the time I find myself leaning towards the latter. These days it is not so easy to sell music and I would be a hypocrite if I said that I never take advantage of free music even if it is illegal. What is fantastic is the growing number of people who do choose to buy music and support musicians.
From my point of view, building connections is the most important thing about running a label. Most of the artists on Res Wood I have never met but we still cooperate via the Internet and I feel that I do know them because of their music and their trust that our relationship is built on.
I think that if I was to view this as a business a lot of things would have to change. I would charge higher prices for the work I do and also sell the albums at a higher price. I would also be more demanding of myself and people on the label.
So I guess this is why it's a hobby but an important one. Of course it's a great feeling to make a sale but I feel that it's more so because of the fact that someone out there now has a copy of one of our albums rather than the income we have earned on it.