+1,000,000
We've had pretty good success through word of mouth, mainly with national acts themselves rather than lawyers, etc. There have been a couple "scouts" (if that's what they really are) at shows we've played (a couple fests and Jager tours), but the best exposure we've gotten has been through establishing contacts with bands/band members of bigger bands and them liking our music.
Aside from that, I'm realistic about where I am, where my band is and what would be feasible. It seems that all of our friends in signed bands are complete road dogs and pretty much live in poverty...And, there are way too many "popular" metal bands that are closer to them than to where I am at. I have a good job, make good money, and have a family...The other dudes in my band are the same way. So, what could we really offer a label? Hopefully good music, but there's no way we could tour our ass off year after year unless we had enough money coming in to make our families comfortable.
The way I see it these days, I just don't know if I feel like I'd need a label. Sure, you have the chance to sell more CD's and play some killer tours, but as it stands now, my band is my outlet/hobby, we have enough endorsements to not have to shell out for gear, all the money we've spent on recording (especially since I do it myself), merch, CD replication costs, etc. are all recouped, and we have enough to still make another pressing of our newest CD, which we'll have to do before long and it's only been out a month. To me, I kinda feel like I've reached my goals already. Now, I'd like to see how far we as a band could take it ourselves. Everything we do is 100% within our group, booking, recording/mixing/mastering, CD graphics, merch art, so for me it's a source of pride to say we are 100% DIY and have done the things we've done and built the relationships in the industry that we have (however small others think it may be).