The music business is what I think of as a 90-5-5 industry, similar to other art & performance industries like photography, dance, fashion, book-publishing, etc.
- 90% of the artists lose money
- 5% break even
- 5% make so much money that they pay for the whole industry
If you can support yourself as a gigging musician, you ought to be grateful because you’re in the minority. Oh, and there is only a loose connection at best between talent and income.
For me personally, when I was playing as a full-time professional, whenever I started focusing on the money-making component, the fun would vanish, which would make the music less enjoyable to the listeners, which would create a downward spiral. I realized the way to be content would be to play music for fun and do other things for money.
The good news is, if you’re not depending on the gigs to pay the bills, you can just cut loose and have fun, which creates more fun for everyone! YMMV.