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In this episode of The Manager's Playbook, Ray Daniels - industry veteran, hitmaker, host of The GAUDS Show and founder of R.A.Y.D.A.R. Management - unpacks the real music business: the power plays, the pitfalls, and the personal lessons that shaped him. From managing superstar songwriter Theron Thomas to being blackballed and building back, Ray takes us through the highs, lows, and everything in between. We talk about the rise of the DIY era, how data shifted the role of the A&R, and why artists and managers need to think like scientists and storytellers. This episode isn’t just a history lesson. It’s a strategy session. Ray keeps it honest about major labels, equity in deals, mentorship, and the importance of staying authentic while evolving. Simply put, a conversation like this doesn’t come cheap. Timestamps: 00:00 Intro 01:15 Who is Ray Daniels? 02:02 The Reality of the Music Dream 04:08 Managing and Mentoring Talent 09:39 The Business of Music Splits 19:01 The Importance of Being Authentic 26:26 The Role of a Manager 32:23 The Importance of Consistency 34:22 Equity and Fairness in Record Deals 35:32 The Decline of Great Music Executives 44:29 The Importance of Storytelling in Music 46:09 Comparing Music Legends: Jay-Z vs. Bow Wow 57:13 The Influence of Kanye West 01:03:53 Debating Jay-Z vs. Kanye West 01:07:09 The Evolution of Superstars 01:25:25 Magic vs. Science in Music 01:31:26 Strategic Thinking in the Music Business 01:35:49 Reverse Engineering Success 01:39:08 Lessons from Movies 01:43:57 The Value of Authenticity 01:47:06 The Journey of Self-Discovery 02:01:49 Concluding Thoughts The opinions shared by our guest are their own and do not necessarily reflect those of the host or The Manager’s Playbook. Book a 1:1 Strategy Session with Mauricio Ruiz, host of The Manager's Playbook, with over 16 years of experience for tailored advice for artists and managers. Consultation Fees Apply https://calendly.com/themanagersplayb... Join the Discord, a real space for real music business conversations. https://app.levellr.com/the-managers-... Follow The Manager's Playbook Newsletter https://www.the-managers-playbook.bee... Instagram / mauroisruiz TikTok / managersplaybook Facebook / mngrsplaybook X / mngrsplaybook LinkedIn / the-managers-playbook Snapchat / bcaz8cvw Website https://mngrsplaybook.com Host: Mauricio Ruiz Executive Producer: Mauricio Ruiz Director of Photography: Will Dobak On Location Sound: Jesse Lopez Editor: Max Carmona & Madison Lair Co-Editor: Mauricio Ruiz Colourist: Max Carmona & Madison Lair Sound Engineer: Madeline Currie Project Manager: Erica Kongvongxay Marketing Coordinator: Melanie Letra-Frade Production Company: 8 Til Faint #themanagersplaybookpodcast #musicbusinesspodcast #musicbusiness #musicindustry #artistmanagement #musicbusinesstips