Indeed, there are advantages and bragging rights too to sign in a music label. Primarily, they can provide you the resources, expertise and connections needed. This way, you can focus on being creative. On the other hand, it might come at a price that a lot of artists are not familiar of. It’s the fact that the label has the ownership to their music.
Know what You’re Getting into
You have to thoroughly understand what it is you really want and plan how you would get there. You may ask people as well or do your research. Besides, setting a goal and having a clear plan is an indicative that you are here for business.
Some people might just want to make music and get sync licensing deals either for movies or commercials. Others see themselves performing in front of big crowds while some wish to become a producer of their own tracks or of other artists.
It’s not for Everyone
Not all artists share the same aspirations or goals. It might take time before realizing your long term goal and it might even change too as you are gaining experience. This is exactly the same reason why you need to have a clear goal and a plan.