Damon Dash Breakfastclub interview

This is what I was thinking.

Why work for the man while they could pull together the resources and start their own?

Some of our people are in their comfort zones that the thought of crossing over and self independence terrifies them. But you got to understand the damage and fear has been instilled to our people for so long that sometimes its tough making them see the bigger picture. All those black radio DJ's you mentioned have a cult following and anywhere they go listeners will always follow them.

As much as we have a hopeless generation now (our age range) we still have time for the future generation and we have to start investing into the mindset of our children. For instance, black parents could take their children and show them the example of what it means to start saving and have a real banking relationship instead of going into a relationship with the Currency Exchange, that’s going to grow into something significant within say 20 yrs time.

Group economics works with other communities and races I cant see why it cant work with blacks
Cause alot of black folks want to be accepted by CAC. The second video Dame was trying to tell Charlamagne how be be a boss he didn't want hear it.
 
I really enjoyed the interview, dude is super arrogant, but I like people like that. :dunno:

I think he is wrong for clowning people who don't want to own a business or be the boss.
That responsibility is not for everyone. Some people want to get up everyday, go to work,
make a decent living and enjoy their family. There is nothing wrong with that. There is
also nothing wrong with making good money working for a company doing what you enjoy.
His rant toward envy was off the mark in my opinion.

Having said that I have a new respect for this crazy Mofo :cheers:

HNIC




His position on the subject was retarded. How can anyone be a boss without employees? His claim that people are lame for working for someone else was the dumbest shit I ever heard.
 
70 minute Dame Dash interview.

Yes dude was dropping gems. He is a serial entrepreneur but all that antagonism was totally unnecessary. Who wants to work with someone like that? Then he pulls the unity excuse when Spike just doesn't want to deal with dude. Don't know how or why Spike dissed him but Dame may have potentially lost business or a networking opportunity because of his attitude.

I'm all for entrepreneurialism and always have been but why beat up on people who work jobs? You a boss? Whoever you hire is going to be working guess what? A job!

Attitude gets you just as far as your entrepreneurial spirit. I agree with all that but his whole style and approach is wack. How is that promoting or inspiring unity?

I had to learn a long time ago that some people will just work a job and that's it. Some people will always be somebody else's customer and that's it. They will never have their own customers.

Nothing wrong with investing either. He doesn't like that. Aggressive investing is more of a business than passive investing. Not to mention the millionaires created from stock investments. All with no bosses.

Like I said he was dropping gems he just doesn't know how to serve them. Can't help your people the way he wants to by beating them over the head. It's called sales, marketing and communication.
 
I don't think he's looking at it as a "boss and employee" type of relationship. He looks at his business situation as a group of investors.
 
Man, anyone who's a business owner was nodding their head to 90% of what Dame was saying. You gossipy bitches that can't get past the Jay-Z shit and his brusk personality are either some full time groupies or happy employees.

Dame was dropping mad jewels. Yes, his delivery can be off putting at times but listen to the message.

How the fuck can you pass a "job" onto your children? Where's the value in that? How can you be at the same company for years and not figure out how to be the boss?
I
I swear some of you are just retarded, must be white or are just plain ignorant. The message is more important than the messenger in this case. Black people are taught to be employees and not employers. This is why the police can shoot us with impunity and not worry about repercussions. No economic base means no leverage.

Dude even said he wants black people to work together yet a lot of you want to stay on irrelevant nigga shit
Seriously, some of you guys are such dumb fucks.
 
we were making a point that the media likes to highlight the loyal black worker..the dedicated negro.. they tend not to show black entrepreneurs cause they don't want nigs to get any idea's of seperating themselves from the worker bee into a independant bee..they want to get in ur head that the only way to make money is by some job hand out aka paycheck and not fig out how to generate ur own source of income..this is def not a mistake and def part of the media trickery.. i always said in general they don't want nigs to have money and by carefully putting out subliminals of the dedicated clock puncher negro to the masses that ur skillset is limited and can only be used under somebody else company
Took the words off my keyboard. By a certain age, you have to learn how to stop working hard and how to start working smart. I commend people who take the initiative to better themselves. Not hating on the brother but I prefer stories where my brothers come from the bottom, not staying there.

Being a hard worker when you're old is nothing to aspire to. But hey, that's the message that is fed to black people all the time.

...
 
He's a clown and fuck them gems some of y'all speak of..... So if I work for a boss for 40 years and leave my kid 3mil and them to do what you think is best with it. Does that make me a bad father for having a job?
 
He's a clown and fuck them gems some of y'all speak of..... So if I work for a boss for 40 years and leave my kid 3mil and them to do what you think is best with it. Does that make me a bad father for having a job?

First of all, can I ask how old are you?

Second of all, if you had to work for someone for 40years to get 3mil, imagine how much you could've made working for yourself for 30 of those years.

What's three million if you don't have the necessary knowledge to invest it into assets that can appreciate? 3million 30 years from now won't have the same value. It's about giving your children something to OWN. Passing down a legacy. Money is not passing down a legacy

As Omar from the Wire said: "Money has no owners, just spenders."

Would you rather pass a business onto your children or 3million dollars that could end up anywhere?

I'm not shitting on you dude. I'm just trying to understand how you can't see the value in assets. Investments. Businesses. That's why they call it "old money". They pass down intangible assets to their next of kin. A brand, a trademark. Something that is "theirs." Money is not there for you to keep, it's there for you to spend.
 
He's a clown and fuck them gems some of y'all speak of..... So if I work for a boss for 40 years and leave my kid 3mil and them to do what you think is best with it. Does that make me a bad father for having a job?


The Dame follower don't hear you.

Ok be a boss, of what? If you have a great plan go for it. Nobody is ever shitting on black entrepreneurs. But this vague claim of being a boss without doing the work and specifics on how to perform and succeed is just 2015 black unity religion.
 
First of all, can I ask how old are you?

Second of all, if you had to work for someone for 40years to get 3mil, imagine how much you could've made working for yourself for 30 of those years.

What's three million if you don't have the necessary knowledge to invest it into assets that can appreciate? 3million 30 years from now won't have the same value. It's about giving your children something to OWN. Passing down a legacy. Money is not passing down a legacy

As Omar from the Wire said: "Money has no owners, just spenders."

Would you rather pass a business onto your children or 3million dollars that could end up anywhere?

I'm not shitting on you dude. I'm just trying to understand how you can't see the value in assets. Investments. Businesses. That's why they call it "old money". They pass down intangible assets to their next of kin. A brand, a trademark. Something that is "theirs." Money is not there for you to keep, it's there for you to spend.

I'm over fort... Where I work generates a ton of traffic that's done on a 200mil a year budget. I could never do that.. I tried my own business, sometimes dealing with employees and their problems is very stressful. My kid Will get money when I'm gone and it may just go with the big money he's already making... If I left him a business, he would just sell it to put more money into his thing that he actually does very well with... If you left a kid a business doing something they really didn't enjoy, it would be a waste. If you teach them well, give them some values they'll be fine with some cash...

You talk like my kid is 5 years old with that "money will not have the same value years from now" stuff, they'll be thirty soon... I was a horny teenager:lol:
 
First of all, can I ask how old are you?

Second of all, if you had to work for someone for 40years to get 3mil, imagine how much you could've made working for yourself for 30 of those years.

What's three million if you don't have the necessary knowledge to invest it into assets that can appreciate? 3million 30 years from now won't have the same value. It's about giving your children something to OWN. Passing down a legacy. Money is not passing down a legacy

As Omar from the Wire said: "Money has no owners, just spenders."

Would you rather pass a business onto your children or 3million dollars that could end up anywhere?

I'm not shitting on you dude. I'm just trying to understand how you can't see the value in assets. Investments. Businesses. That's why they call it "old money". They pass down intangible assets to their next of kin. A brand, a trademark. Something that is "theirs." Money is not there for you to keep, it's there for you to spend.

Some cats not willing to get into the dope game to become a boss like Dame though. Dame telling everybody don't work for nobody but he's not saying what they should do. Like how do you invest money you don't have into yourself? It makes no sense.
 
I'm over fort... Where I work generates a ton of traffic that's done on a 200mil a year budget. I could never do that.. I tried my own business, sometimes dealing with employees and their problems is very stressful. My kid Will get money when I'm gone and it may just go with the big money he's already making... If I left him a business, he would just sell it to put more money into his thing that he actually does very well with... If you left a kid a business doing something they really didn't enjoy, it would be a waste. If you teach them well, give them some values they'll be fine with some cash...

You talk like my kid is 5 years old with that "money will not have the same value years from now" stuff, they'll be thirty soon... I was a horny teenager:lol:

Respect brother. I was just trying to see where you were coming from. Sorry to hear about your business. I know how tough it is to deal with so many different personalities.

I agree with you though. As long as you pass down the knowledge, your children can make something of that money. I'm just hoping when I have children, that I instill the same entrepreneur mindset I have .

Thanks for replying though. I appreciate you sharing your story.:yes:
 
I'm over fort... Where I work generates a ton of traffic that's done on a 200mil a year budget. I could never do that.. I tried my own business, sometimes dealing with employees and their problems is very stressful. My kid Will get money when I'm gone and it may just go with the big money he's already making... If I left him a business, he would just sell it to put more money into his thing that he actually does very well with... If you left a kid a business doing something they really didn't enjoy, it would be a waste. If you teach them well, give them some values they'll be fine with some cash...

You talk like my kid is 5 years old with that "money will not have the same value years from now" stuff, they'll be thirty soon... I was a horny teenager:lol:

I see nothing wrong with this. I don't understand how can someone get mad at someone for working hard and getting their money up to own their own business or pass money off to their kids. Instead, everyone wants to be a weekend baller and trick their money off.
 
First of all, can I ask how old are you?

Second of all, if you had to work for someone for 40years to get 3mil, imagine how much you could've made working for yourself for 30 of those years.

What's three million if you don't have the necessary knowledge to invest it into assets that can appreciate? 3million 30 years from now won't have the same value. It's about giving your children something to OWN. Passing down a legacy. Money is not passing down a legacy

As Omar from the Wire said: "Money has no owners, just spenders."

Would you rather pass a business onto your children or 3million dollars that could end up anywhere?


Imagine how much I could've made if I had my own business.... So over 40 years if I made enough to leave my kid 3mil, How much did I actually make over those years??? I didn't leave them every dime I made... I had to buy the houses, cars, boats, college, handbags, shoes etc over 26 of those years:):)

I'm not shitting on you dude. I'm just trying to understand how you can't see the value in assets. Investments. Businesses. That's why they call it "old money". They pass down intangible assets to their next of kin. A brand, a trademark. Something that is "theirs." Money is not there for you to keep, it's there for you to spend.



Imagine how much I could've made if I had my own business.... So over 40 years if I made enough to leave my kid 3mil, How much did I actually make over those years??? I didn't leave them every dime I made... I had to buy the houses, cars, boats, college, handbags, shoes etc over 26 of those years:):)
 
Respect brother. I was just trying to see where you were coming from. Sorry to hear about your business. I know how tough it is to deal with so many different personalities.

I agree with you though. As long as you pass down the knowledge, your children can make something of that money. I'm just hoping when I have children, that I instill the same entrepreneur mindset I have .

Thanks for replying though. I appreciate you sharing your story.:yes:

Anytime man:yes:
 
Some cats not willing to get into the dope game to become a boss like Dame though. Dame telling everybody don't work for nobody but he's not saying what they should do. Like how do you invest money you don't have into yourself? It makes no sense.

Where in that post you quoted of mine mention Dame Dash? The post I made was talking about owning businesses and having that as a legacy. My first post in here however clearly said I don't agree with everything Dame was saying. But, the main thing I got from his interview was not to be stagnant. You can't be in the same job for years and years and not figure out how to do it yourself. Not everyone can be a boss, chief etc but at some point, there are those who will take the step from being an employee to an employer.

I can look past Dame's arrogant demeanour to read between the lines. Again, I don't agree with everything he says but I respect that he would rather be his own man than work for someone else.

Jews, Arabs, Asians teach their children this from the moment theu are born. This is why they have financial clout and can say "fuck you" to white racists. Why shit on Dame for having the same mentality?
 
Not everyone wants to be an entrepreneur, no matter how much you try to talk down to them they just don't want
to be one and there is nothing wrong with that.

You have to be wired a certain way to be an entrepreneur. It's a mindset. You have to be willing to risk
everything to be successful, do without, work extreme hours when everyone else is getting drunk and fucking hot
whores. Then when the project is over the shit may be a total failure, but you start all over again because
that's who you are.

How can you clown a dude like envy who started out doing local mixtape stuff around NY and ends up being one of
the hottest DJ's in the country worth millions. You are going to tell me there are no lessons there for his
kids. Success breeds success. Our kids are inspired by how hard we work and how persistent we are, regardless of
our field of expertise.

Not everyone wants to be rich, some people just want to help others, what's wrong with that. Some people want to
be doctors and make folks well, what's wrong with that. Some people want to help the less fortunate, what's
wrong with that.

I'm an old head and what I tell anyone who ask me, find a job or start a venture that makes you happy,
something that doesn't seem like work. Nothing beats being happy, enjoying what you do and making a living at it.

HNIC




First of all, can I ask how old are you?

Second of all, if you had to work for someone for 40years to get 3mil, imagine how much you could've made working for yourself for 30 of those years.

What's three million if you don't have the necessary knowledge to invest it into assets that can appreciate? 3million 30 years from now won't have the same value. It's about giving your children something to OWN. Passing down a legacy. Money is not passing down a legacy

As Omar from the Wire said: "Money has no owners, just spenders."

Would you rather pass a business onto your children or 3million dollars that could end up anywhere?

I'm not shitting on you dude. I'm just trying to understand how you can't see the value in assets. Investments. Businesses. That's why they call it "old money". They pass down intangible assets to their next of kin. A brand, a trademark. Something that is "theirs." Money is not there for you to keep, it's there for you to spend.
 
Not everyone wants to be an entrepreneur, no matter how much you try to talk down to them they just don't want
to be one and there is nothing wrong with that.

You have to be wired a certain way to be an entrepreneur. It's a mindset. You have to be willing to risk
everything to be successful, do without, work extreme hours when everyone else is getting drunk and fucking hot
whores. Then when the project is over the shit may be a total failure, but you start all over again because
that's who you are.

How can you clown a dude like envy who started out doing local mixtape stuff around NY and ends up being one of
the hottest DJ's in the country worth millions. You are going to tell me there are no lessons there for his
kids. Success breeds success. Our kids are inspired by how hard we work and how persistent we are, regardless of
our field of expertise.

Not everyone wants to be rich, some people just want to help others, what's wrong with that. Some people want to
be doctors and make folks well, what's wrong with that. Some people want to help the less fortunate, what's
wrong with that.

I'm an old head and what I tell anyone who ask me, find a job or start a venture that makes you happy,
something that doesn't seem like work. Nothing beats being happy, enjoying what you do and making a living at it.

HNIC


:yes::yes::yes:
 
Not everyone wants to be an entrepreneur, no matter how much you try to talk down to them they just don't want
to be one and there is nothing wrong with that.

You have to be wired a certain way to be an entrepreneur. It's a mindset. You have to be willing to risk
everything to be successful, do without, work extreme hours when everyone else is getting drunk and fucking hot
whores. Then when the project is over the shit may be a total failure, but you start all over again because
that's who you are.

How can you clown a dude like envy who started out doing local mixtape stuff around NY and ends up being one of
the hottest DJ's in the country worth millions. You are going to tell me there are no lessons there for his
kids. Success breeds success. Our kids are inspired by how hard we work and how persistent we are, regardless of
our field of expertise.

Not everyone wants to be rich, some people just want to help others, what's wrong with that. Some people want to
be doctors and make folks well, what's wrong with that. Some people want to help the less fortunate, what's
wrong with that.

I'm an old head and what I tell anyone who ask me, find a job or start a venture that makes you happy,
something that doesn't seem like work. Nothing beats being happy, enjoying what you do and making a living at it.

HNIC

Hey, that's all well and good. The problem is, I'm speaking from a black perspective where we have a disproportionate amount of consumers to owners. We face heavy discrimination becsuse we don't fit the look of the people hiring us. We don't have the luxury of just enjoying ourselves because we face hurdles at every avenue. A black person could be more qualified than their manager and yet still never reach their level economically.

Look at the nba. All that talent we have yet other "cultures" are making money off of our talent. We should be the majority owners since we are the majority of players. Without our talent a lot of these whites, Jews etc would not have wealth. We need to monetise our talent because everyone is eating off us; music, sports, comedy, natural resources etc.

That's why Donald Sterling talked about "his" team like he was a slave owner, and the Clippers could only turn their shirts inside out. They didn't want to rock the boat too much incase "daddy" got upset. Shit was pathetic but showed just who the "boss" is.

All I'm saying is that once we get into a position where we own a lot of shit, then we can have the luxury of just enjoying work. But with White supremacy being able to cut off a lot of black people at the click of the finger, I'm going to encourage more of my people to be owners.
 
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^^^^^
This aint about black business or empowerment. Dame can speak on neither. He is stuck on that harlem shit. He sounds silly trying get validity from Harlem at 46 years old. He has failed or been made a fool of in business since he a jay split. I can let him try to support his failure as a business man by spinning the conversation into some black business rant. He failed at business whem he had to do it on his own merit. Miserably, did you see what happened to hin with Rachel Roy. He is not the one tell anyone anything. He was talking down to envy and envy prolly got more money than him. Look at the dusty niggas he got around him. What the hell kind of business man show up with murdah mook and the dude you get your loud paks from. Smh. Dame cant say shot about business except he failed at it witbout jay z. :smh:
 
^^^^^
This aint about black business or empowerment. Dame can speak on neither. He is stuck on that harlem shit. He sounds silly trying get validity from Harlem at 46 years old. He has failed or been made a fool of in business since he a jay split. I can let him try to support his failure as a business man by spinning the conversation into some black business rant. He failed at business whem he had to do it on his own merit. Miserably, did you see what happened to hin with Rachel Roy. He is not the one tell anyone anything. He was talking down to envy and envy prolly got more money than him. Look at the dusty niggas he got around him. What the hell kind of business man show up with murdah mook and the dude you get your loud paks from. Smh. Dame cant say shot about business except he failed at it witbout jay z. :smh:


I don't think they heard you.... You should have put it all CAPS...:yes::yes:
 
^^^^^
This aint about black business or empowerment. Dame can speak on neither. He is stuck on that harlem shit. He sounds silly trying get validity from Harlem at 46 years old. He has failed or been made a fool of in business since he a jay split. I can let him try to support his failure as a business man by spinning the conversation into some black business rant. He failed at business whem he had to do it on his own merit. Miserably, did you see what happened to hin with Rachel Roy. He is not the one tell anyone anything. He was talking down to envy and envy prolly got more money than him. Look at the dusty niggas he got around him. What the hell kind of business man show up with murdah mook and the dude you get your loud paks from. Smh. Dame cant say shot about business except he failed at it witbout jay z. :smh:
you are misinformed...

1. This wasnt supposed to be a "Dame interview" it was supposed to be promo for the movie the Mook and 2 other brothers are in (one dude missed the interview)

2. From what you wrote, you are clueless of the details w/ Rachel Roy collection and the other shit Dame has his fingers in and you're just parroting popular opinion.


Look there are 2 types of people in this thread, business heads and fans.
Fans can't understand Dame because they can't even understand the huge biz difference between Puffy vs. JayZ. Fans believe Jay Z has ownership in RocNation, CAA, Barclay Center, Barney's etc...
Business heads know better. JayZ has as much ownership in those companies as Envy has in Clear Channel. Jay is a highly paid employee, if ,god forbid, he dies tomorrow- home boy's only real legacy other than $$ is his publishing. That isn't true wealth.
If / when one is able to really see the differences (a clearer example is jim kimsey vs steve case - both "founders" of AOL) - then they can pull the truth from the gospel Dame is spreading, regardless of his relative successes vs failures.

Not everyone can be owners and risk takers, but IMO they should have the mindset. Every job I took, I negotiated my salary and responsibilities as a limited partner, even back when I was just a dairy clerk eventually manager. Setting performance goals and seeking opportunities to increase profits and efficiency, improve service, etc... both personally and with management. I always keep in mind that the partnership can be dissolved by either party at anytime, so if it was nolonger profitable for me I dissolved the partnership and formed a new one elsewhere and vice versa.
Now I've personally grown past being a limited partner, I'm taking on being a general partner bringing on limited partners into a new business. And working with another general partner to build another business.
 
Look there are 2 types of people in this thread, business heads and fans.

All that you said was gospel but this sentence right here sums up why this thread is polarised. And I'm no fan of Dame Dash at all but most of what he said regarding the business made sense. All that other gossipy shit was irrelevant to me.
 
Another example is Michael Jordan. Another highly paid employee (at the time). Michael Jordan "just" became a billionaire. A man that revolutionised the sport and sneakers, only "just" became a billionaire. He tried to get part ownership of the Washington Wizards after playing for them. When he retired, he was told his services were no longer requires in any capacity.

Michael Jordan.

Air Jordan.

Was expendable to these "owners".

Please think very carefully about that.

 
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you are misinformed...

1. This wasnt supposed to be a "Dame interview" it was supposed to be promo for the movie the Mook and 2 other brothers are in (one dude missed the interview)

2. From what you wrote, you are clueless of the details w/ Rachel Roy collection and the other shit Dame has his fingers in and you're just parroting popular opinion.


Look there are 2 types of people in this thread, business heads and fans.
Fans can't understand Dame because they can't even understand the huge biz difference between Puffy vs. JayZ. Fans believe Jay Z has ownership in RocNation, CAA, Barclay Center, Barney's etc...
Business heads know better. JayZ has as much ownership in those companies as Envy has in Clear Channel. Jay is a highly paid employee, if ,god forbid, he dies tomorrow- home boy's only real legacy other than $$ is his publishing. That isn't true wealth.
If / when one is able to really see the differences (a clearer example is jim kimsey vs steve case - both "founders" of AOL) - then they can pull the truth from the gospel Dame is spreading, regardless of his relative successes vs failures.

Not everyone can be owners and risk takers, but IMO they should have the mindset. Every job I took, I negotiated my salary and responsibilities as a limited partner, even back when I was just a dairy clerk eventually manager. Setting performance goals and seeking opportunities to increase profits and efficiency, improve service, etc... both personally and with management. I always keep in mind that the partnership can be dissolved by either party at anytime, so if it was nolonger profitable for me I dissolved the partnership and formed a new one elsewhere and vice versa.
Now I've personally grown past being a limited partner, I'm taking on being a general partner bringing on limited partners into a new business. And working with another general partner to build another business.

This line of thinking is crazy to me. What Jay has done is NO Different than what Puff or Dame has done. Jay has just done it on a more grand scale.

I get what you're saying. Out of Jay's business moves he's more of the face of those moves than he is the actual owner.

But and this is a serious question, would you rather make 50 million in a partnership deal or make 250,000 dollars on your own? I know what Dame's answer is. Dame doesn't believe in spending other peoples money.

Y'all keep talking about people in here are either fans or business heads. If you want to generalize fine but to the business heads out here(I don't claim to be though I feel i'm on that path) how is spending other peoples money a bad thing?

I really wish the messenger was different because its very hard to decipher through the truth Dame is speaking when you have bullshit clouding it.
 
I feel Dame , the problem is you only have a short window to become your own boss. You can take them risks financially when you young and single with no kids. You also can work a job and have a boss while plotting to do your own shit and working towards it. You have to live while achieving goals. Money don't just grow out the ground you have to start at a point, dope, be an employee, something. Don't no 30 year old with a wife and kids have time to fuck around from the ground up . Wife will be like bitch you better get a job to split these bills and feed the kids. Family can't wait on your experiments. Using all these self made billionaires and millionaires is fugazi because many of them came from money and had backing or fell into a perfect sitiation.
 
But and this is a serious question, would you rather make 50 million in a partnership deal or make 250,000 dollars on your own? I know what Dame's answer is. Dame doesn't believe in spending other peoples money.
Man Dame is full of shit. His rationale is based in justifying his current situation by any means while devaluing anything that anyone else does if it doesnt fit that same narrative. That applies to things big and small... From the trivial to the grandiose. Ive seen him apply that same immature subjective bullshit logic to everything from personal clothing styles, grooming choices, employment matters, who one choices to socialize with, etc... His goal is to always communicate to you two things; 1) He is doing it right, and 2) you are doing it wrong.

And he usually starts in a passive aggressive tone and ends with giving backhand compliments while lecturing you that his intentions are only to motivate you and make you better. The guy is a clown for the most part. Look no further than his inability to get through a serious discussion without atleast 30 inane "pauses" littered throughout. This guy is for entertainment purposes only at this point. If you learn something in process then good for you. But dont click play expecting anything of much substance.
 
^^^^^
This aint about black business or empowerment. Dame can speak on neither. He is stuck on that harlem shit. He sounds silly trying get validity from Harlem at 46 years old. He has failed or been made a fool of in business since he a jay split. I can let him try to support his failure as a business man by spinning the conversation into some black business rant. He failed at business whem he had to do it on his own merit. Miserably, did you see what happened to hin with Rachel Roy. He is not the one tell anyone anything. He was talking down to envy and envy prolly got more money than him. Look at the dusty niggas he got around him. What the hell kind of business man show up with murdah mook and the dude you get your loud paks from. Smh. Dame cant say shot about business except he failed at it witbout jay z. :smh:

Prolly???? Dame WISHES he was in Envy's financial space. The tax man has had his foot on his neck for YEARS. Like you said...when he had to do shit on his OWN merits and there was no dope game money and all the bridges had been burned......he was a failure on MANY levels. WTF is he even doing NOW other than doing straight to torrent low budget ass hood flicks? his "gallery" ain't shit if it's even still open. A jack of all trades but nowhere near a master of any.....barely even an apprentice.
 
This line of thinking is crazy to me. What Jay has done is NO Different than what Puff or Dame has done. Jay has just done it on a more grand scale.

I get what you're saying. Out of Jay's business moves he's more of the face of those moves than he is the actual owner.

But and this is a serious question, would you rather make 50 million in a partnership deal or make 250,000 dollars on your own? I know what Dame's answer is. Dame doesn't believe in spending other peoples money.

Y'all keep talking about people in here are either fans or business heads. If you want to generalize fine but to the business heads out here(I don't claim to be though I feel i'm on that path) how is spending other peoples money a bad thing?

I really wish the messenger was different because its very hard to decipher through the truth Dame is speaking when you have bullshit clouding it.
wealth isn't about how much you make now, its how many generations of your children are going to eat off of what you create. Names like Chase, Rothchild, Betancourt... are permanently wealthy. They created businesses that still earn in to perpetuity and were handed off generation to generation. New comers are Walton (Walmart), Ford, Firestone.

the difference between Puff n J is, Puff is building and maintaining majority ownership in profitable companies that will out live him... Dash is trying to do the same. Jay isn't.

to answer your question about $250k ownership vs a limited partnership bringing $50 million with limited residual, I'll answer by giving a practical example with Walmart.

When Sam Walton started Walmart and started streamlining supply from vendors and manufactures to increase profit margin and offer steep discounts, he could have partnered with Sears or FW Woolworths when he was ready to grow to regional / national, he would have traded majority ownership and gotten millions in his bank account instead of $200k. But then his children and grandkids wouldn't have a combined value of over $2-300 billion today and more coming in.
Imagine if Bill Gates got a $50 million salary in 1983 instead of keeping majority shares of his company?

Jay hasn't done anything like or similar to Puff in anyway.

Puff owns Bad Boy - J owns RocaFella, but didn't own Def Jam while he ran it.

Puff is still eating off of EVERY residual income stream from Bad Boy (publishing merch etc)-
Jay isn't really eating off of any residual income from DefJam -only Rocafella.

Puff owns these companies (majority shares): Revolt Bluestar Media SeanJean Enyce.
Jay sold RocaWear. He has minority shares in RocNation. LiveNation and CAA have the majority for label and agency respectively... Barclays center, minority owner. Barneys Collection, glorified ad man (similar to Puff's deal with Cirroc)

IMO None of Jay's companies live past him as continuing to be profitable more than a generation, Puff's companies right now have a chance to do at least 2 or 3 generations. Even more if the tequila brand gets established.
 
Dame still on that Harlem shit, and there are definitely positive things to take away from his interview, but I find it very hard to take him as seriously as he takes himself for several reasons.

One major issue I have is that he was just another dude trying to find his way in this world until he got into the drug game. Granted there are serious risks involved, but from a financial standpoint, he basically game genie'd his way out of the hood by pushing poison in his community. I believe Cam said in an interview that he tried working at a sneaker store to make legit money but quit after seeing how small his first check was. It definitely takes strength to be an entrepreneur, but not having the self control to function within a system that you don't have control over is also a weakness IMO.

For him to look down upon people who chose to either work in a profession that makes slow, legal money or simply makes them happy is wrong and it sends the wrong message to the youth. No one should be made to feel that they have to destroy their own community for them to be successful but that was his early path in life. Granted, he does some positive things in the community now, but his message should be more along the lines of "strive hard to get what you want and believe in yourself" as opposed to "If you're not rich then I can't respect you"
 
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