Directioners, now's your chance to kick off your music career under the management of a One Direction member! That's right: Louis Tomlinson started his own label!

"This is something I've wanted to do for some time," Tomlinson told the Sun (quote via PEOPLE). "To be given the opportunity to potentially give new artists a platform is an incredible feeling. I hope to sign some really exciting new artists down the line."

The 23-year-old singer already signed his first artist! PEOPLE reports that The X Factor UK's Jack Walton is attached to the label. Rumor has it that Louis will be holding auditions for a girl group in between his One Direction duties.

LT's new label will reportedly be a part of the Sony family as an imprint of Simon Cowell's Syco label.

Louis is no stranger to the business world. In June 2014, he purchased British soccer team the Doncaster Rovers. Earlier this year, rumors swirled that the singer was starting his own company. He reportedly registered the name 78 Productions Limited in the U.K. as an unknown business. Seeing as the name of his label hasn't been announced yet, there's no confirmation that the two are connected.

Additionally, back in March rumors popped up that Louis might return to his X Factor UK roots, this time as a judge on the singing competition. At the time, the Sun noted, “Louis has his business head screwed on and is busy making plans for the future. He’s rated very highly at Sony and they knew he’d be great to get on board. Louis accepted their offer straight away. He has visions of being a music boss in the future and has a good eye for new talent.”

It sounds like this new gig is perfect for him!

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