Music is part of everyone’s daily life, from listening to music to your drive to work or school to listening to music while you work out or while doing work. People listen to music daily. Most music streaming brands are just streaming popular artists while Global Beats target small musicians in developing countries.
Music helps people lower anxiety levels and who doesn’t want to help out people when listening to good music. Global beats allows people to listen to good quality music while helping out some by giving them a job and money.
Global beats has multiple portable recording studios that will travel to developing countries to give the artists a chance to record and publish their music in our app. Global Beats wants to help the musicians make a name for themselves and to help them start to make a living doing what they love.
Our main competitors are Spotify, Apple Music, and SoundCloud. Currently they are the most popular and highest streamed apps.
For pricing, we were looking at having a one time purchase of 4.99 dollars in the app store, then a optional ad free subscription of 9.99 dollars a month. Another source of income for us is ads. An expense we are going to have is the portable recording studio which would cost us around 7,000 dollars.
We also plan to expand to more countries to help more low income musicians. We plan to partner up with popular artists to share our name and to get to people to use our app. We want to keep our app for helping out low income musicians and not turn into one of the larger streaming apps that only share popular artists or top hits.
During an Innovation night, we presented to a group of individuals that were “investors”. Once we finished presenting, the audience was allowed to ask question or respond with guidance and we received better ways to improve this business idea. We have taken those ideas in hope to make our app a big hit.
Proctor Academy Social Entrepreneurship 
