(PEOPLE.com) -- Nick Jonas is just getting started.
As he launches a solo career with a new band, Nick Jonas & The Administration -- a 14-city tour that kicks off January 2 and a new album, "Who I Am," due out February 2 -- the 17-year-old singer-songwriter admitted his ambition is still yet to be satisfied.
Asked to explain his new band's name, Jonas, an Elvis Costello fan, said, "It's a play on Elvis Costello & The Attractions ... It's also [a nod to] my fascination with the presidency."
Likewise when it comes to some of the song titles: "The Rose Garden," "Olive & An Arrow," "Conspiracy Theory" and "State of Emergency."
So does Nick plan to run for president one day?
"Possibly," he said. "We'll see what happens. I guess this is kind of the start to my campaign."
"This is a side project," he said. "It's something that can coexist with the Jonas Brothers."
Fans can tune in to see Nick Jonas & The Administration perform on Wednesday's Grammy Nominations Concert Live at 9 p.m. on CBS.
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