While I agree about honing your craft etc, I take that AS A GIVEN.
Sure there are those who pursue fame only caring about being famous, but fame need not be a dirty word. Certainly not the dirty word it has become.
I never understood why wanting to make a good living from music was wrong, or indeed frowned upon by some sections of musicians. Nor why wanting to be rich is bad either (despite my own lack of interest in it all). I am not saying that is Michael or Randy's opinion.
Will it make for a fulfilling life? Who knows. Being rich may well result in less stress about keeping a roof over your head and putting food in your mouths.
So in reading your message as "I already develop myself as an artist, I hone my craft and strive to improve, but how do I now make some money from it?", that is a fair question.
Making money isn't necessarily easy. Making money from the arts is above all hard to predict. I will say that:
You need to learn about the business side of music, including the legal side and the marketing and promotion side. I would also recommend reading up on entrepreneurship and running a business of any kind.
You almost certainly cannot do it alone.
Draw realistic boundaries. Be prepared to cross them almost immediately. lol I joke but really most who get into the biz end up doing a lot of things they never thought they would.
Learn about controversy. Learn about PR. Controversy makes for a cheap, easy promotion tool.
There is a lot, lot more but I'm going to go eat some food!
One questions I would ask is... what are you prepared to pay? Not me, although I love having money to spend on food and heating like anyone else, but becoming famous COSTS. Sure it may eventually pay, but in the meantime, it will cost you more than simple hard work. You have to invest in yourself, even if that is to have a publicity and promotion budget!
Then of course it can cost in other ways, such as hiring agents, managers etc You hire them because of experience and contacts etc and in exchange you give them a slice of the profits.
I digress. I need food.
TTYS