GEZZE... what the hell are you thinking???
That there is some simple easy way to become a sucessful record label?
Most of the existing independent ones will fail within the next 3 years
and even the 'big boys' are having a tough time...
How do you think you can sell thousands and thousands of CDs
by bands no one has heard of... and bands who aren't constantly touring?
A small indie band that tours all the time might manage to sell 5,000 CDs
but most of that will be at the gig's merch table and thus you won't get
a cut. The odds that a band will even sell that many CDs is slim.
But Hey! If you have a lot of money already - and aren't bothered
by loosing money - then sure go out and form your own indie record label.
and after that, why not become a Movie Director too !