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    <title>Ashanti Abdullah Knew Artists Were Bleeding Cash. So He Did Something About It - MMCxchange</title>
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        <title>Ashanti Abdullah Knew Artists Were Bleeding Cash. So He Did Something About It</title>
        <link>https://mmcxchange.com/detail/ashanti-abdullah-knew-artists-were-bleeding-cash-so-he-did-something-about-it</link>
        <pubDate>Thu, 10 Jul 2025 02:02:05 -0400</pubDate>
        <dc:creator><![CDATA[The Narrative Matters]]></dc:creator>
                <category><![CDATA[General]]></category>
                <guid isPermaLink="false">https://mmcxchange.com/detail/ashanti-abdullah-knew-artists-were-bleeding-cash-so-he-did-something-about-it</guid>
        <description><![CDATA[Discover how Ashanti Abdullah&rsquo;s Ternwheel is changing how independent artists make money in today&rsquo;s music industry. Ashanti Abdullah&rsquo;s&#8230;]]></description>
        <content:encoded><![CDATA[<p><img src="https://mmcxchange.s3.us-east-2.amazonaws.com/uploads/cover_photo/1752090146.png" alt="Ashanti Abdullah Knew Artists Were Bleeding Cash. So He Did Something About It" /></p><p><!-- wp:image {"id":204938,"width":"400px","sizeSlug":"full","linkDestination":"none"} --></p>
<p>Discover how Ashanti Abdullah&rsquo;s Ternwheel is changing how independent artists make money in today&rsquo;s music industry.</p>
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<p>Ashanti Abdullah&rsquo;s path into software design didn&rsquo;t follow the typical Stanford or Harvard cookie-cutter mold-his path was far less conventional. Abdullah, a former DJ-turned-manager,&nbsp; spent years watching artists lose money on tour&mdash;consistently, quietly, and unnecessarily.</p>
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<p>&ldquo;There&rsquo;s a study that found touring artists lose over $1.16 billion a year to inefficiencies,&rdquo; Abdullah said. &ldquo;And nobody blinks. That number told me everything. I didn&rsquo;t want to fix it&mdash;I wanted to recover it.&rdquo;</p>
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<p>&nbsp;When he led the largest independent hip hop festivals like Soundset and Ryhmsayers he noticed&nbsp; after budgeting, the artists would come home with a 32 percent margin but landing at 12.&nbsp;</p>
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<p>&ldquo;That&rsquo;s not miscalculation. That&rsquo;s leakage. Someone&rsquo;s skimming, or something&rsquo;s broken. And no one was tracking it in real time, &ldquo; says Abdullah.</p>
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<p>No centralized system. No live tracking. No transparency. Artists often left with confusion at the end of every tour.</p>
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<p>Abdullah moved to Silicon Valley 10 years ago to launch <a href="https://www.ternwheel.com/"><em>Ternwheel</em>,</a> a touring SaaS platform designed not for investors or product managers, but for performers who live out of suitcases.&nbsp;</p>
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<p>&ldquo;On your first day working at Ternwheel, you get a pair of Jordans,&rdquo; Abdullah said. &ldquo;No matter who you are or where you come from. That&rsquo;s how we move. It&rsquo;s about culture. We&rsquo;re not adapting to tech&mdash;we&rsquo;re making tech adapt to us.&rdquo;</p>
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<p>The software is made for artists, managers, road crews. The ones who wake up in a city without remembering how they got there. Abdullah didn&rsquo;t build tech to impress Silicon Valley. He built a tool to empower the artist.</p>
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<p>&ldquo;<a href="https://grievesmusic.com/">Grieves</a> tours 200 days a year. He texts me ideas constantly,&rdquo; Abdullah said. &ldquo;One week it was weather alerts for each tour stop. We added it.&rdquo;</p>
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<p>Before software, Abdullah worked on the road. He DJ&rsquo;d for Prof and <a href="https://www.instagram.com/manifestive/?hl=en">Manifest.</a> He managed artists. He ran routing, handled money, coordinated travel.&nbsp;</p>
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<p>&ldquo;Eventually I realized I was better at the business than the turntables,&rdquo; he said. &ldquo;So I fired myself as a DJ and hired myself as a manager.&rdquo;</p>
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<p>&ldquo;There were tools like Master Tour,&rdquo; he said. &ldquo;But they weren&rsquo;t built to protect artists&rsquo; profit. They were glorified calendars. Useful, but useless when it came to knowing who spent what, when, and why&rdquo; says Abdullah.</p>
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<p><em>Ternwheel</em> changed that. Artists now see real-time P&amp;Ls while on the road. Tour managers can issue spending cards. Every dollar is tracked. And because Abdullah lived the chaos firsthand, he knows what matters.&nbsp;</p>
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<p>&ldquo;One of our artists comes home with 21% more now, just by using the system. Nothing fancy. Just less waste.&rdquo;&nbsp; Ternwheel is a decision-making system that shows artists exactly where their money is going while they&rsquo;re still on the road.</p>
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<p>His philosophy is a precise calculation, &ldquo;Managers get paid on gross. Artists get paid on net. So if no one&rsquo;s watching the backend, artists are the ones getting screwed.&rdquo;</p>
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<p>After self-funding with $250,000&nbsp; from a longtime friend, Abdullah hit a wall.</p>
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<p>&nbsp;&ldquo;I pitched over 100 VCs. Nothing landed,&rdquo; he said. &ldquo;Then one of them pointed me to TxO. They called on a Saturday. I was in the program by Monday.&rdquo;</p>
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<p>That program&mdash;a16z Talent x Opportunity Initiative (TxO) at <a href="https://a16z.com/txo/">Andreessen Horowitz</a>&mdash;connected Abdullah to people who understood the weight of culture.&nbsp;</p>
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<p>&ldquo;Kofi, Trey, the whole TxO team&mdash;they don&rsquo;t chase hype&rdquo; he says.&nbsp; That hands-on approach helped him survive a brutal funding process, proving TxO as a strategic alignment to boost capital and gain larger access.</p>
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<p>Abdullah said, &ldquo;They weren&rsquo;t trying to turn me into a tech bro-they respect culture.&rdquo;</p>
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<p>&nbsp;&ldquo;That team backs founders who don&rsquo;t come from the Stanford pipeline. They saw what I was doing, and they understood why it mattered.&rdquo;&nbsp;</p>
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<p>&ldquo;Marc Andreessen hasn&rsquo;t seen it yet, but Ben Horowitz? He gets it. He runs his whole operation like it&rsquo;s a hip-hop label. That&rsquo;s why I trust them.&rdquo;</p>
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<p><em>Ternwheel</em> didn&rsquo;t launch quietly. It dropped at <a href="https://www.sxsw.com/">South by Southwest</a>. &ldquo;We finished building the product on a Saturday and started selling it that Tuesday,&rdquo; he said. &ldquo;No soft beta. Just go.&rdquo;</p>
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<p>Now Abdullah is preparing to roll out banking integration&mdash;direct artist accounts, spending cards for crew, and live reconciliation during the tour.&nbsp;</p>
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<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&ldquo;Every transaction connects to your P&amp;L,&rdquo; he said. &ldquo;You don&rsquo;t wait until the settlement to find out you&rsquo;re broke.&rdquo;</p>
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<p>And the vision doesn&rsquo;t stop at music.&nbsp;</p>
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<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&ldquo;This works for Broadway tours, sports teams, arena shows,&rdquo; he said. &ldquo;Anywhere you move people from city to city. That whole world runs on spreadsheets and duct tape. We&rsquo;re giving it infrastructure&rdquo; Abdullah says.</p>
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<p>He doesn&rsquo;t see himself as a founder in the conventional sense.&nbsp;</p>
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<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&ldquo;I don&rsquo;t code. I don&rsquo;t wear Allbirds. I&rsquo;m not 26,&rdquo; he said. &ldquo;But I know how artists get robbed. And I know how to stop it.&rdquo;</p>
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<p>At <em>Ternwheel</em>, there are no Zoom check-ins, no slide decks about &ldquo;mission statements.&rdquo; There&rsquo;s only execution.</p>
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<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&ldquo;You work when and how you want&mdash;as long as the work is done. We&rsquo;re not a startup. We&rsquo;re a results-based company. Just deliver.&rdquo;</p>
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<p>Abdullah&rsquo;s approach is direct, tactical, and uncompromising.&nbsp;&nbsp;&nbsp;</p>
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<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&ldquo;I came close to walking away,&rdquo; he admitted. &ldquo;I was tired. I&rsquo;d been bootstrapping this thing. But I didn&rsquo;t stop. I knew we had something.&rdquo;</p>
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<p>What Abdullah is building isn&rsquo;t some &lsquo;disruption story.&rsquo; It&rsquo;s a correction. For artists. For culture. For everyone who&rsquo;s ever come back from tour with empty pockets and no receipts.</p>
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<p>And if your joining the Ternwheel team. Yes, you still get the Jordans.</p>
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<p>#MusicIndustry #IndieArtists #Entrepreneurship</p>
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