What will be the impact of your idea?
Musical Missionary will impact local communities in the United States by supporting after-school programs that will help children with their general school work as well as enhancing their exposure to arts education. In addition, Musical Missionary aims to setup scholarship funds that enhance the educational opportunities for underprivileged youth in America. Through these programs, Musical Missionary aims to reduce disenfranchisement among America's poor youth and raise the standard of living for America's poor communities.
Musical Missionary will impact poor nations by supporting school-building activities in areas where schools are needed most and have shown success in keeping children away from religious extremist groups. Musical Missionary also hopes to fund scholarship programs in these areas to offer youth more educational opportunities and ultimately raise the standard of living for these international communities.
Who will help you develop your idea? Why are you the one to make this happen?
As far as the music label component of Musical Missionary, I have an extensive network of contacts throughout the music industry. One of Musical Missionary's earliest supporters who has given me hours of advice and a number of contacts is a board member of the National Academy of Recording Arts and Sciences (NARAS), the board responsible for the Grammy Awards. He is just one of many close contacts I have with decades of experience producing, releasing and publishing music.
I plan to consult other philanthropists currently engaged in similar charity work. Musical Missionary has already donated $1000 to a Miami after-school arts program called SoBe Arts (sobearts.org) and plans to donate money to a school-building program in Afghanistan called Three Cups Of Tea (threecupsoftea.com). Musical Missionary plans to consult the leaders of these organizations for advice on how to create and position a sustainable nonprofit charity.
From these different networks, Musical Missionary plans to add valuable members to its board of directors to ensure sustainability and maximum impact through its mission.
How much will it cost to launch your idea? (This can be an estimate)
Musical Missionary has managed to launch its label with no start up capital by starting out as a digital-only label and by soliciting music donations. However, a significant marketing/promotions budget could help Musical Missionary maximize its exposure and revenue potential. $5,000 would help Musical Missionary promote it's first 10 releases and gain exposure in major magazines.
Another way Musical Missionary could accelerate its exposure is to commission music from well-known music producers. $5,000 would be sufficient to utilize this tactic over the course of one year.
Finally, Musical Missionary could accelerate the process of creating its first documentary with approximately $10,000 to $15,000.
Currently, Musical Missionary plans to fund the activities mentioned above with earned income.