362.Lessons from a Business Transition with Peggy Duquesnel

Meet Peggy Duquesnel, a seasoned professional musician whose passion and perseverance led her into unexpected territory—taking over another music business. When the founder of a local music company passed away, Peggy stepped in to take over the reins, honoring both the legacy and potential of the business. With no formal training in inheriting a business, she relied on determination, creativity, and a clear vision to rebuild operations, retain her own students and clients, and modernize systems. Through consistent effort, strategic outreach, and smart financial decisions, Peggy turned the business into a profitable enterprise—proving that with the right mindset and steps, artists can thrive not only in performance but also in leadership and growth. Full article here: https://goalsforyourlife.com/business-transition Reach Peggy Duquesnel at: htttps://PeggyMusic.com Make sure you’re getting all our podcast updates and articles! Get them here: https://goalsforyourlife.com/newsletter Resources with tools and guidance for mid-career individuals, professionals & those at the halftime of life seeking growth and fulfillment: http://HalftimeSuccess.com #howtopromoteyourmusic #musicmoneymakeover #artistperseverance #musicbusinessadvice #musicmarketing CHAPTERS: 00:00 - Introduction 02:27 - Peggy Duquesnel, Musician and Business Owner 04:43 - Taking Over a Business 05:49 - Mentorship and Business Training 08:17 - Unexpected Business Transition 10:55 - Integrating Two Businesses 14:15 - Maintaining Business Operations 19:25 - Catalog Buyout Offers 25:10 - Business Roles and Responsibilities 28:30 - Favorite Aspects of Business 31:54 - Music Release Strategies 36:19 - Advice for Aspiring Artists 39:34 - Contacting Peggy Duquesnel 40:39 - Closing Remarks 43:11 - Outro 43:50 - Goals for Your Life Newsletter Sign-Up 44:14 - Thank You for Joining Us