Why are so many people trying to make it in music and so little or making money in music?

Answer 1

THe answer is in the question.

Answer 2

So many people are trying to make it in the music industry because they think they have talent, they might actually have talent, or they want to be the "next big thing". As far the money, it depends. If you're just starting out, the flow of cash may be small but if you've establish yourself well then your fiancially secure compared to most people in America.