Damon Dash Breakfastclub interview

[militantmidget]

Start up capital........no one agreeing with this muthafucka has yet to address it.




EVERYTHING ELSE IS BULLSHIT.....if you don t address start up capital.....period.

There's plenty of ways to get start up capital. There is nothing stopping someone from starting a business if they want.

 

[geechiedan]

There's plenty of ways to get start up capital. There is nothing stopping someone from starting a business if they want.

name a few..that doesn't require working for someone else?

 

[ViCiouS]

Bringing this up would mean someone else cutting you a check, and that flies in the face of "bossness".

How do asians, mexicans etc get startup capital? They pool their money, something we do not currently do.

Getting startup capital involves having an ownership mindset, outside of the west indian and african communities, we don't have any form of group economics yet, but stop using the business loan crutch, if you have a job - own your job, even if you work fries at McDonalds approach it as a partnership. What can they give you other than $$?
Almost any job provides compensation other than pay, but most ignore those opportunities and /or education.
A fry cook at McDonalds can become an owner over time and McDonalds franchisees and corporate will provide all the tools and resources needed, but only if the fry cook takes the step of educating himself on the business.

Look IME - If you are unable to get or generate start up capital for your business / idea-
then you aren't prepared yet to run a business, either you have more to learn about your business or your approach is too limited.

 

[BrownTurd]

You didn't answer my question, but that's cool.

I'm not saying Envy working for the radio is a bad thing. But what Dame said still rings true. That six figure check can be taken away at a moments notice. Also, envy gotta do what the radio tells him to do.

Now for most people, this is a cushy position that pays extremely well and you can provide for your family and all. Nothing wrong with that.

But what Dame was saying is that he's not comfortable with someone telling him what to do at a job everyday in addition to having no control in his financial future.

I'm saying Dame made a good point. Now does that mean I think Envy is an uncle tom or a slave for being a radio DJ, no I personally do not.

However, as a community that is in dire need of businesses right now in this economic climate, I find it interesting that many of the high tier employed blacks do not branch out on their own to gather a larger slice of the pie in their respected fields.

DJ Envy, Yee, and Charlamagne could definitely start their own radio show because they have a strong brand. The money they are paid is pennies on the dollar considering the strength of their brand.

Your are forgetting one important thing. iheart radio has a huge marketing team and sales force who help position the company into so many markets.

Where would Envy get the money to take on a company as large as iheart?

 

[ViCiouS]

name a few..that doesn't require working for someone else?

why?
it doesn't matter how you get the capital as long as you are working towards a goal of ownership, and not just living the hustle.

 

[geechiedan]

why?
it doesn't matter how you get the capital as long as you are working towards a goal of ownership, and not just living the hustle.

`well it does in a number of ways...dame talks as if there are no steps or progression into entrepreneurship.

if you want to your own business just flip your money...well where do you get the money from in the first place?

he uses consignment as an example but thats a fancy word for employee isn't it.

he says in the age of social media you have direct to consumer contact. But you gotta have something people want to buy and a base thats interested in the first place..how do you make that happen?

loans make you obligated to the loaner

criminal activity to raise funds is...illegal

so outside of gifting, donating and literally finding money..how do you raise start up funds that doesn't obligate you or make you an employee/sucka in his words?

Dame himself funded his start thru inheritance and criminal activity.

most people don't get inheritence money and most don't want to get involved in criminal activity so where does that leave them?

 

[ViCiouS]

Your are forgetting one important thing. iheart radio has a huge marketing team and sales force who help position the company into so many markets.

Where would Envy get the money to take on a company as large as iheart?

Envy doesn't need to take on IHeart or Clear Channel...
Look Envy is doing good where he is at, but if he was inclined to be an entrepreneur or take over the world, he could concentrate on building a strong branded event or series of events in one market. But very few are built to run something like that. If more were, then dudes like Byron Allen, Tyler Perry, Master P, 50 cent, and Chamillionaire wouldn't be so exceptional.

 

[exiledking]

Envy doesn't need to take on IHeart or Clear Channel...
Look Envy is doing good where he is at, but if he was inclined to be an entrepreneur or take over the world, he could concentrate on building a strong branded event or series of events in one market. But very few are built to run something like that. If more were, then dudes like Byron Allen, Tyler Perry, Master P, 50 cent, and Chamillionaire wouldn't be so exceptional.

You didn't mention Jay Z in that list. Why?

 

[BrownTurd]

Envy doesn't need to take on IHeart or Clear Channel...
Look Envy is doing good where he is at, but if he was inclined to be an entrepreneur or take over the world, he could concentrate on building a strong branded event or series of events in one market. But very few are built to run something like that. If more were, then dudes like Byron Allen, Tyler Perry, Master P, 50 cent, and Chamillionaire wouldn't be so exceptional.

What do you mean by Evny would not have to take on Iheart or Clear Channel? Those would be his direct competition who have billions of dollars backing them.

If Envy and the breakfast club left they would lose their entire market and syndication. We are not even talking about the number of advertiser that Iheart has which generates millions.

 

[II Dxnum]

You didn't mention Jay Z in that list. Why?

you're a moron lmao

 

[woodchuck]

How do asians, mexicans etc get startup capital? They pool their money, something we do not currently do.

I can't say for all groups, but at one time (maybe it's still the case), the S. Korean gov't was granting interest free business loans for the citizens that were emigrating over here to start a business.

 

[ViCiouS]

`well it does in a number of ways...dame talks as if there are no steps or progression into entrepreneurship.

if you want to your own business just flip your money...well where do you get the money from in the first place?

he uses consignment as an example but thats a fancy word for employee isn't it.

he says in the age of social media you have direct to consumer contact. But you gotta have something people want to buy and a base thats interested in the first place..how do you make that happen?

loans make you obligated to the loaner

criminal activity to raise funds is...illegal

so outside of gifting, donating and literally finding money..how do you raise start up funds that doesn't obligate you or make you an employee/sucka in his words?

Dame himself funded his start thru inheritance and criminal activity.

most people don't get inheritence money and most don't want to get involved in criminal activity so where does that leave them?

Consignment makes you an agent not an employee. Do or die either you sell or go home, its a great way to start a retail venture.

I don't cosign Dame on the being an employee is for suckas, I believe that if all you want to be is an employee, then you're probably not very good at your job, and you've made yourself blind to many opportunities.

Look, IMO personal finance and consumer finance should be taught in grade school.
If you work and get paid, rule #1, after overhead, always pay yourself first, fuck tithing or any other bs. If you have savings thats $$ that can be flipped.

Before you invest blood or money you should have invested alot of time learning about the business you want to enter. If you can't answer all of the questions you just asked in your post, then you aren't ready to start that business.

 

[geechiedan]

Consignment makes you an agent not an employee. Do or die either you sell or go home, its a great way to start a retail venture.

I don't cosign Dame on the being an employee is for suckas, I believe that if all you want to be is an employee, then you're probably not very good at your job, and you've made yourself blind to many opportunities.

Look, IMO personal finance and consumer finance should be taught in grade school.
If you work and get paid, rule #1, after overhead, always pay yourself first, fuck tithing or any other bs. If you have savings thats $$ that can be flipped.

Before you invest blood or money you should have invested alot of time learning about the business you want to enter. If you can't answer all of the questions you just asked in your post, then you aren't ready to start that business.

an agent..really? and if you don't have all of the money from the package what happens?

 

[ViCiouS]

You didn't mention Jay Z in that list. Why?

Jay isn't an entrepreneur, everyone I listed other than Byron, literally self funded and sold their product face to face or out of the trunk of a car.

 

[ViCiouS]

an agent..really? and if you don't have all of the money from the package what happens?

you. go. home. (or hospital if you are lucky)
and your family throws you a homecoming



there are legal products you can sell on consignment. Like cars, you spend the money to detail and advertise the car plus storage and transport the vehicle.
If you don't sell it within the allotted time frame, you are in the red, and the wholesaler takes the product back

 

[geechiedan]

you. go. home.
and your family throws you a homecoming



there are legal products you can sell on consignment. Like cars, you spend the money to detail and advertise the car plus storage and transport the vehicle.
If you don't sell it, you are in the red.

so an agent is ANOTHER fancy word for employee

my point is youre given a product to move freely...no one tells you how to move it they just want their money..if they don't get their money you got a problem..while they don't say what to do, how to do or when to do you are still beholden to them..you answer to them. Thats a boss and only the boss can repossess your shit or take your life when its time to payback.

Dame is correct in that people in general and blacks in particular should want more independence but every indian can't be a chief and every chief NEEDS indians. And most times...the indians just want to be indians meaning they want to a part of team or something bigger than themselves...and there should be no shame or demeaning that. They make the machine work.

Not every player on a basketball team wants to a superstar..there are cats who take pride in being the sixth man..the person whos first off the bench postively contributes and helps the team win...the way dame put it he shits on that guy..

thats what so horrible about what he said and how he said it.

 

[ViCiouS]

so an agent is ANOTHER fancy word for employee

my point is youre given a product to move freely...no one tells you how to move it they just want their money..if they don't get their money you got a problem..while they don't say what to do, how to do or when to do you are still beholden to them..you answer to them. Thats a boss and only the boss can repossess your shit or take your life when its time to payback.

Dame is correct in that people in general and blacks in particular should want more independence but every indian can't be a chief and every chief NEEDS indians. And most times...the indians just want to be indians meaning they want to a part of team or something bigger than themselves...and there should be no shame or demeaning that. They make the machine work.

Not every player on a basketball team wants to a superstar..there are cats who take pride in being the sixth man..the person whos first off the bench postively contributes and helps the team win...the way dame put it he shits on that guy..

thats what so horrible about what he said and how he said it.

nah- more like a vendor relationship.
A complicated form of consignment is usually the agreement structure between major retailers and vendors on big ticket items. Following your logic Best Buy and Walmart are the employees of Apple HP etc... that can not be because Walmart dictates terms to its vendors.
The taking life part is illegal.
As for the legal, the wholesaler and the retailer are in contract agreement the time frame, price and process are agreed on before the inception of the deal.
But if you are an employee then the conversation always goes the way Lando and Vader's convo go down in Ep5.

 

[geechiedan]

nah- more like a vendor relationship.
A complicated form of consignment is usually the agreement structure between major retailers and vendors on big ticket items. Following your logic Best Buy and Walmart are the employees of Apple HP etc... that can not be because Walmart dictates terms to its vendors.

who ever dictates the terms is boss.period.

 

[ViCiouS]

who ever dictates the terms is boss.period.

If you are in a business where terms are always dictated to you then you are an employee.

If you are really about your business being successful, then terms aren't dictated they are negotiated.

If you are selling product on consignment and you didn't negotiate the terms then you're unprepared and shouldn't be in business

 

[playahaitian]

Say what you want (if you agree with his message or not) but the fact this thread is still growing shows dame touched a nerve and sparked real discussion that will most likely lead to not only inspiration but real motivation for black people.

But it should also be a lesson to dame that if he could maybe refine himself some

Because unfortunately he turned OFF more people in the process making them even more defensive and reluctant.

that he could really not only lead a positive change in the black community but make a ton of money.

 

[Moore]

You guys talking in circles now man, this thing has to end.

 

[Mr. Met]

Start up capital........no one agreeing with this muthafucka has yet to address it.




EVERYTHING ELSE IS BULLSHIT.....if you don t address start up capital.....period.

Like Dame's? Lol.

<img src="https://ritsucdg.files.wordpress.com/2011/12/drug-money.jpg" width="500" height="300" >

 

[Top_Bunk]

I fins it odd. Classism. It is ok for the corporate man to look down on the man making a career out of flipping burgers (maybe he lazy maybe he got felonies, maybe he doing it like Mexicans shacking up in one house saving up). That's fine to look down on them.

But when a business owner looks down on the corporate man then oh no....it is all hell. Truth it....wait for my next post

 

[Top_Bunk]

....truth is the man with the corporate job has allways told the man makin less than: study, go to school, get education network.

Well now the business owner is telling the corporate guy: diversify, save up, get LLC, hire people. You are allways going to get dogged by the economic class above you. Corporate dudes are not exempt

 

[exiledking]

you're a moron lmao

Jay isn't an entrepreneur, everyone I listed other than Byron, literally self funded and sold their product face to face or out of the trunk of a car.

Jay z isn't an enteprenuer. Gotcha.

I was just making sure you guys were complete idiots lol.

 

[II Dxnum]

don't include that dude's post as if I was cosigning it, you silly bastard

 

[exiledking]

don't include that dude's post as if I was cosigning it, you silly bastard

Lol I ain't really know where you were going with it. My bad

 

[exiledking]

....truth is the man with the corporate job has allways told the man makin less than: study, go to school, get education network.



Well now the business owner is telling the corporate guy: diversify, save up, get LLC, hire people. You are allways going to get dogged by the economic class above you. Corporate dudes are not exempt

Nah. The former minor partner in a successful business and current owner of a shit business is acting like he can still give advice out here in these streets. And diversify and savings is exactly what he said NOT to do. I love how yall out words in Dames mouth that actually make sense.

 

[code_pirahna]

How do asians, mexicans etc get startup capital? They pool their money, something we do not currently do.

Getting startup capital involves having an ownership mindset, outside of the west indian and african communities, we don't have any form of group economics yet, but stop using the business loan crutch, if you have a job - own your job, even if you work fries at McDonalds approach it as a partnership. What can they give you other than $$?
Almost any job provides compensation other than pay, but most ignore those opportunities and /or education.
A fry cook at McDonalds can become an owner over time and McDonalds franchisees and corporate will provide all the tools and resources needed, but only if the fry cook takes the step of educating himself on the business.

Look IME - If you are unable to get or generate start up capital for your business / idea-
then you aren't prepared yet to run a business, either you have more to learn about your business or your approach is too limited.

From people who have fucking jobs......a word that Dame Dash was allergic to saying during his bullshit ass interview with him trying to be big time.....

 

[code_pirahna]

There's plenty of ways to get start up capital. There is nothing stopping someone from starting a business if they want.

name a few..that doesn't require working for someone else?

I'll also wait on your answer militant....cause money doesn't grow out of folk's asses......

Bringing this up would mean someone else cutting you a check, and that flies in the face of "bossness".

Which is what pisses me off about the whole thing cause then you ll get dumb ass muthafuckas on some ole.."I can start a business without capital." "I'm a boss."



that bullshit will be in name only.

 

[code_pirahna]

Like Dame's? Lol.

<img src="https://ritsucdg.files.wordpress.com/2011/12/drug-money.jpg" width="500" height="300" >

The only reason why I am pissed is cause Dame is being 100% disingenuous....

and that shit needs to be called out....

the main thing keeping most people from starting a business is start up capital....period. and dude was dishonest cause he wouldn t even address it....

that is the foundation...period.

 

[code_pirahna]

I can't say for all groups, but at one time (maybe it's still the case), the S. Korean gov't was granting interest free business loans for the citizens that were emigrating over here to start a business.

and that shit aint happening in the US....esp for black people...

EVERYONE KNOWS....the bank doesn t give out loans to people unless you already have money..

 

[marcvoi]

What the fuck?

You do realize being a DJ means you're self employed right? He can get booked at clubs all across the world to DJ.

He's more of his own businessman than Dame.

How do you think he got started with mixtapes and getting songs?

DOsen't he have a side real estate business?
i have to agree with Complex on this one. why go to all the headache having your own show when your smooth sailing in a 4 hour radio show and have the rest of the to chill. by him staying in power 105 helps his brand as dj and personality guess appearance, shows etc....

also wwe have too many brothers doing their radio and online thing already

 

[tallblacknyc]

If you pull out a few statements from a 70min interview then it would make it seem as if it was a direct attack @ social media. Dame's attack wasnt against social media "per se"....it was more so about the folks who ALWAYS use that lane as their MAIN source of information. And the "chatty patty" shit was more so about dudes gossiping about rumors on social media... but not putting out names.






No.. according to Dame Malcolm was a student and partner of Elijah.





Yeah....
But judging by most of the comments in this thread it made most of the people emotional & mad; Maybe because it spoke to their personal struggles, their Fathers struggles or their inabilities to break away from the norms of society. But keeping it 100...the interview was actually great!!! ....if you have thick enough skin and respect people who are honest and true to their nature.

The mass majority of what Dame was talking about...even when he was going at Envy... pertained to folks WILLINGLY getting into bs comfort zones....getting comfortable about being told what to do... and never trying to evolve to the next level. Never settle...cause the world is rarely at a stand still....keep shit in a constant rotation. SIMPLE AS THAT!!!

I dont know if Dame practices what he preaches or not....really dont care. I just feel like most of what he said made a lot of sense. When he said what he said about Spike Lee's perception of him..it made me go back to the reason why Kanye said he stuck with Jay and stopped messing with Dame. The way Dame expresses himself rubs a lot of folks the wrong way. His "persona" makes folks not want to do business with him. Whereas I think Spike and Dame could probably partner up and do good business...Dames persona makes Spike want to keep his distance...instead of getting to know Dame ON A BUSINESS LEVEL and make something happen.

I think a lot of you misconstrued the point he was making when he was talking about having a job. I also think a lot of you got overly emotional when Dame was talking to DJ Envy about how his children viewed him. Maybe what he said made you all think about how your children viewed u; cause maybe you all have been great EMPLOYEE'S for most of your lives, hence his comments made u feel like a failure. Or maybe it made u reflect on how you viewed your own fathers. Or maybe your paychecks prevent u from understanding. But bottom line is once u take out all the emotions...and peep whats real...then youll realize that a lot of what he said made sense....IMHO.

Anyways....based off a lot of your emotional comments...i can tell that a lot of you are used to having shit sugar coated before its presented to you. GL with that as you move through life!!!

game..set..match..thread

 

[II Dxnum]

Lol I ain't really know where you were going with it. My bad

just be more cautious. not everything is adversarial in nature.

don't be so quick to get the beef route. *inert forced dame pause*

how did I even get in here?