The Backup Plan - Artist's Side Businesses
Anyone who goes into a career in the music business always gets the question from their mother's "What will you fall back on?" Of course mom's mean well, but even famous artists thank their lucky stars for their mom's giving them that sage advice. Here are a few artists who took on a few side businesses.
The former Van Halen vocalist works just as hard off-stage as he does on. The Red Rocker designed a mountain bike and bought a number of independent bike stores in California to go with it. Haggar is also the proud owner of Cabo Wabo tequila (which he recently sold 80% of for 80 million dollars), he also has his own chain of nightclubs and restaurants located in southern USA, Hawaii and Mexico.
Lead Guitarist of Aerosmith Joe Perry’s love isn’t just rock n’ roll, he has grown into quite the foodie and owns his own hot sauce called Rock Your World. Made from fresh habanera peppers, onions garlic, tangy squeezed lime juice, red bell peppers, chipotle peppers, and aged red wine vinegar the hot sauce is comparable to none. Cases of the sauce can be bought online or can be found at Hard Rock Café’s located around the world.
The King of all rock n’ roll entrepreneurs Gene Simmons has taken his status along with his band name and literally cashed them in. Sellout doesn’t even begin to describe his business techniques, KISS has their name on over 3,000 enterprises including coffins, condoms, golf courses, and most recently a pub and restaurant called Rock & Brews in California.
Jon Bon Jovi
The musician was previously the co-owner of the Philadelphia Souls arena football team for six years before moving on to open his own restaurant. Soul Kitchen is less of a business and more of a charity. The restaurant located in Bon Jovi’s home state of New Jersey is run by volunteer workers and allows customers to not only pick what they would like off the menu, but as well as how much they would like to pay. “This is not an entitlement thing, this is about empowering people…’ said Bon Jovi.
Cooper’s Town is a sports bar & grill owned by Alice Cooper himself. With mouth watering menu options such as Fajitas pasta and Beef Brisket (just to name a few) that are named after sports the players the sports bar located in Phoenix Arizona is a popular attraction amongst locals.
The rock n’ roll band teamed up with the Australian winery Warburn Estate to create their own line of AC/DC wines which are named after their most famous hits including, Hells Bells Sauvignon Blanc, Highway to Hell Cabernet Sauvignon and Back in Black Shiraz.
(The Clarence Hotel)
When Bono isn’t busy performing or saving the world he also looks after his 5 star hotel which him and band member The Edge purchased in 1992. Bono also partnered with several elite businessmen to found Elevation Partners, a billion dollar private equity firm that invests in media, entertainment, and technology.