My son wishes to earn $5000 to buy a new piano by performing in a concert. Can you help with any ideas?

My son wants to do a concert to earn his piano because his old piano is getting pretty bad. I do not have the money to buy it but he is willing to give a concert to earn $5,000.00 for it. Thank you for any help or ideas if you can help. He is 13 years old.

Sincerely yours,

Leti Licea


Hi Leti,

I am so inspired by your son’s passion. He is willing to work to get what he wants.

When you say his old piano is getting pretty bad, how bad do you mean?

Pianos do not damage or decay easily. This is why they can stay in good playing condition for decades.

I suggest you try to get a piano technician to come and have a look at it. Tuning can greatly improve the quality of the sound of the piano without costing much.

It usually cost around a $100 to tune a piano. The local musical instrument stores that sell pianos should have the contact number of the nearest piano technician.

Giving a concert to earn the $5000 is an admirable idea for a 13 year old. But bear in mind that you probably have to spend money first. Concert hall rent, flyers to promote the concert, piano moving and some other hidden cost will have to be considered.

Assuming you charge $20 per person for the tickets to the concert you still have to sell 250 tickets to make $5000.00. If you are optimistic that there is a high demand for a piano concert in your neighborhood, I’d say go for it. But it seems very challenging to me to raise that kind of money.

A good piano does not have to cost $5000. I am assuming you are referring to a brand new – just out of the factory piano here. We can actually find an excellent Yamaha or Kawai reconditioned upright piano for $2000 to $3000.

I have been playing on a reconditioned Yamaha piano for 3 years now. I have no complaints about her performance.

Most piano dealers have affordable payment plans for their customers. Let’s say you buy a $2000 reconditioned piano from a dealer that allows you to pay in installments every month for 2 years. That would only cost you about $84 a month.

Thank you for e-mailing me about this. I hope I had been of help. Let me know of your son’s progress.

Nizar


Hi Nizar. I was able to read your response, and I think you did a nice job focusing on an important question.

Is $5,000 the true dollar amount necessary for her son's needs at this time?

As you know there is a huge range of prices on piano.

One idea would be, have they considered some of the nice Clavinova Pianos out there?

I have had a Yamaha Clavinova for years that I still use for composing and writing music, and now there are so many other options for fine instrumentation.

It's not necessarily the same as a piano, but the sound is great, it's more mobile, and provides for a cheaper options, yet still get a great quality sound.

So, again I think it's an important question to as "what do I really need at this time?". If $5,000 is the true amount, it would be difficult to earn that in one shot at a concert given the expenses (as you mentioned in your response as well.)

Couple other thoughts....

1) What timeline is her son looking to raise this amount? Why just 1 concert?

2) Can he think in terms of "smaller" concerts or performances?...a wedding here, an event there, a house concert is always a good option as well.

3) What other things besides a concert (non music functions) that her son can do to raise money?

Ultimately where this is a will, there is a way.

Kudos to her son for wanting to not only keep up his musical pursuits, but also wanting to use it to raise the money.

Very Admirable!

Best.

Matthew Mayer

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