Music Management: Should You Ever Trade Up?

Yesterday’s Lefsetz Letter blog talks about switching music management:

“I’m fascinated by Usher firing Benny Medina and returning to his mother for management. The question arises…should you stay with who got you there, or switch allegiance to the big swinging dick?”

Lefsetz brings up a good point. Your first manager will most likely have tons of passion, which can make up for experience. But once you reach your goal of success, should you trade up for a Big Gun manager?