I've taken a 15 year break from playing music in bands to pursue a more professional career. Now that I've reached a decent place in my company, I've been getting the urge to play music live again. I found a group on craigslist and started playing music with them, but I find myself frustrated with the disorganization and unproductive practice sessions. I've realized that I want to run a band like a business and I'd love to get your feedback on this. I have a strong background in starting companies and managing people in a professional environment. I want to create a well-payed cover band.
I want to play in the band (keyboard and rhythm guitar) and hire 5 other people (male vocals, female vocals, lead guitar, bass, drummer) to play in the band as employees. We'd focus on playing cover songs that people liked with the goal of lots of crowd interaction and the audience having a good time.
My wife would be the manager and would handle the business aspects like getting gigs, promoting, managing vendors (accounting etc). We'd hire a sound person to be present for every gig.
I want to buy a very professional PA system: custom in-ear monitors and personal monitor mixes for every member. No amps on stage (guitar and bass could have their amps mic'd offstage). Digital mixing console beside the stage controlled remotely by ipads or other tablets. I'd also buy awesome lighting effects and a van for loading/unloading. We'd rent a reharsal space.
I'd pay everyone (as W-2 employees) a fixed amount for practices and gigs, and I'd cover all expenses. I'd make all decisions including setlist and hiring/firing.
The musicians will only have to worry about learning the songs and putting on a good show. Everything else will be taken care of for them. Obviously, they will make less than what they would earn if they did all this work themselves, however, what they get in return will be a busy gigging band with strong leadership, strong organization, good communication, happy audiences, and professional equipment.
I'm sure this idea isn't novel, but it seems out of the norm. Please let me know what you think of this idea.