One savvy entrepreneur now earns nearly £12,000 a month after creating an modern platform for musicians impressed by his love of music.

Will Fenton is the founding father of MidderMusic, a web site devoted to instructing individuals the very best method to discover ways to their instrument of alternative. 

The founder, who initially began the location as a “side hustle”, says MidderMusic stands out from different music websites as a result of it helps artists in selling, distributing advertising and marketing and monetising their music, reports The Daily Express US.

For Mr Fenton, the concept got here from his lifelong curiosity in music and he used his advertising and marketing background to get his enterprise up and operating.

READ MORE: Martin Lewis issues warning for millions over £400 energy support

Speaking to Daily Express US, he mentioned: “I started a side hustle three to four years ago that has now become a full-time job. My website earns me around $15,000 per month and has a valuation price of $500,000 to $675,000.

“The website averages around 400,000 page views per month but is growing rapidly.”

Mr Fenton pointed to his father as an necessary affect, significantly in his love of music. He mentioned: “Music has been a big part of my life, I started playing the drums at an early age.

“Also, my dad has excellent taste in music and had me listening to the greats from day dot (The Rolling Stones, the Faces, etc.) along with telling me about his early adventures in the Liverpool music scene.

“I also had a music magazine going on the side and just wanted to immerse myself in that world. So I listened to the advice, 'choose a topic you'd be happy to write about every day', and began MidderMusic.”

He mentioned there have been two hurdles when evolving his facet hustle to his major supply of revenue, specifically incomes cash for development and scaling the enterprise to the scale it's as we speak.

He mentioned: “Initially when trying to turn a side hustle into a full-time gig, the main priority is earning enough money to support its growth (and yourself).

“Although simplistic, this is also the most difficult part, as you have to take what is for some a passion project and figure out how to monetise it and turn it into a profitable business.

“Some people start with the knowledge and intention of how they will make money, but for many, starting a side hustle is a completely new path, and you don't necessarily have that knowledge from day one.

“Some niches are harder to monetise than others, so figuring out how you will make money is key.”

His enterprise plans are clearly working, with MidderMusic raking in over 420,000 views every month and persevering with to point out indicators of development.

On what comes subsequent for various enterprise pursuits, Mr Fenton defined he needs to make use of his advertising and marketing background to broaden his attain by different web sites.

He mentioned: “I’m already underway to expand and diversify the portfolio. With my education in Economics and Finance, as well as my experience working in London in financial services, I’ve launched a personal finance blog, Sterling Savvy.”

Mr Fenton mentioned he wished to assist others with their facet hustles by utilizing his information of investing.

He mentioned: “I’ve experienced first-hand what earning a bit of extra income, creating a saving/budgeting plan and having an investment strategy can do. 

“I think for many it can help significantly, and there isn’t too much good information about it, most people are just trying to sell something.”