I did learn a lot during that summer of busking. If you're going to make any money you need to be able to grab people's attention and make them stop or slow down long enough to throw some cash in your case. You'll figure out pretty quickly what works and what doesn't and those skills carry over into playing other types of gigs.
Really you have nothing to lose by trying it some. Just be persistent and keep it up until you start to see positive results. It can be really satisfying.
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