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3. Organize contests.
Why not organize a songwriting contest for all songwriters in your area? Or, better yet, use Internet and start one on a national basis! Let's say you collected 250 entries at $10 a pop... that's $2,500. Even if you offered up $500 in prizes, you still walk away with $2,000! You might also get local songwriting clubs, music stores, etc., to help with advertising and even contribute to prize offerings.
4. Publish an online newsletter. Publishing your own newsletter, or "ezine", can be an excellent way to earn some extra money. And, although some folks have succeeded at offering a fee-based newsletter, it's much easier to publish a free one.
Three of most common ways to make money with your free newsletter are: sell advertising space, promote affiliate programs, and advertise sale of your own products, such as your tapes and CD's.
5. Start your own jingle business.
There is alot of money to be made in writing jingles. And, as a songwriter, you probably already have all equipment you will need to get started. It's also good training because it helps you learn to "write on demand".
Brian Cook is a freelance writer whose articles on music and songwriting have appeared on many websites.
You can find more of these at www.songwritersguide.com