One thing that is important for New York rappers and any other artist is longevity. Some rappers come and go and we never hear from them again. Some rappers we hear from in their music, then disappear and re appear somewhere else. This is important and only few rappers understand the business side of hip-hop. What I mean by re appear, is that they are a new owner of a sports team, or company etc.
Only a few rappers understand this concept. In order to build a brand and longevity, hip hop must be your life. You must have an entrepreneurial mind set to grow. Some artists just have the music side down 100%. That is why you need a team. The ones who are the true entrepreneurs are the artists who put the money they make back into their brand. Let's talk about some New York rappers that know this concept.
Someone like 50 Cent understands the business side of hip hop. He took his talents from the streets of New York, and turned them into profitable businesses. Now Fifty owns companies, record labels, and is a movie star. He is the definition of Get Rich or Die Tryin.
Another artist that has been doing a lot of similar things like 50 Cent is Jay-Z. Another New York City music loving artist is from right here in Brooklyn. Even if you do not listen to hip hop the name Jay-Z rings a bell. Jay-Z has been around the NYC realm for some time now. Both Jay-Z and 50 Cent share many business similarities as well as hip hop similarities. In order to build a brand both of these rappers understand that the music tells the story, and the businesses support that story. I once read "The poor and the middle class work for money. The rich have money work for them." -Rich Dad, Poor Dad.
From creating music to owning a portion of the Brooklyn Nets, Jay-Z has come a long way. 50 Cent and Jay-Z are here to stick around as New York music lover legends. They both use their own money and reinvest it to make more money in other areas then hip hop. This is detrimental to any business decision. Jay-Z and 50 have both set up foundations to become who they are today.
New York is a very hard place to get ahead. For a New York rapper to do something like Jay Z and 50 Cent, they must set a foundation. There is a saying, "If you can make it in New York, you can make it anywhere". Maybe some of these new rappers from New York can start a savings plan to be a part owner of a sports team like Nelly, J-Lo, Usher, or Will Smith.
Only a few rappers understand this concept. In order to build a brand and longevity, hip hop must be your life. You must have an entrepreneurial mind set to grow. Some artists just have the music side down 100%. That is why you need a team. The ones who are the true entrepreneurs are the artists who put the money they make back into their brand. Let's talk about some New York rappers that know this concept.
Someone like 50 Cent understands the business side of hip hop. He took his talents from the streets of New York, and turned them into profitable businesses. Now Fifty owns companies, record labels, and is a movie star. He is the definition of Get Rich or Die Tryin.
Another artist that has been doing a lot of similar things like 50 Cent is Jay-Z. Another New York City music loving artist is from right here in Brooklyn. Even if you do not listen to hip hop the name Jay-Z rings a bell. Jay-Z has been around the NYC realm for some time now. Both Jay-Z and 50 Cent share many business similarities as well as hip hop similarities. In order to build a brand both of these rappers understand that the music tells the story, and the businesses support that story. I once read "The poor and the middle class work for money. The rich have money work for them." -Rich Dad, Poor Dad.
From creating music to owning a portion of the Brooklyn Nets, Jay-Z has come a long way. 50 Cent and Jay-Z are here to stick around as New York music lover legends. They both use their own money and reinvest it to make more money in other areas then hip hop. This is detrimental to any business decision. Jay-Z and 50 have both set up foundations to become who they are today.
New York is a very hard place to get ahead. For a New York rapper to do something like Jay Z and 50 Cent, they must set a foundation. There is a saying, "If you can make it in New York, you can make it anywhere". Maybe some of these new rappers from New York can start a savings plan to be a part owner of a sports team like Nelly, J-Lo, Usher, or Will Smith.
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