The Financial Reality of Running an Indie Record Label
©2026. Oya Obinidodo. All rights reserved. A s the owner of No Females Allowed Records , I've made it a point to carefully track every penny spent in the pursuit of my passion for music. Running an indie record label is no small feat, and while the creative side can be incredibly rewarding, the financial aspect is equally important to keep in check. Here’s a breakdown of my expenses over the last few years, reflecting the investment behind the music I create and promote. Yearly Expenditure Overview - 2022: $1,655 - 2023: $2,044 - 2024: $1,683 - 2025: $2,591.87 Growing Expenses As you can see from the numbers, my spending has fluctuated year by year. In 2022, I managed my finances tightly, coming in under $2,000. However, as the label grew and I took on more projects, expenses understandably rose. By 2023, I spent over $2,000, indicating an increase that likely stemmed from more ambitious marketing campaigns and higher production costs. The year 2024 saw a slight dip in spending, dr...
