Know how to recognize a scam. Once word gets out that you’re interested in pursuing a musical career, you might find yourself being targeted by scammers with bad contracts. Keep these things in mind :
If an agent or a label wants to sign you, it shouldn’t cost you any money – you’re being signed because the agent thinks you can make money for him or her, as well as for yourself. Don’t consent to any contracts that require you to pay for demos, vocal training, or anything else. Remember: a good agent gets paid when you’re successful, not before you’ve even done anything.
If you do get offered a contract, read it carefully. It might be worth it to pay a lawyer to go over it with you. It might cost you a few hundred up-front, but it could save you thousands in the long run.Never settle for a verbal agreement. Always demand a written contract where money or rights are concerned.