Now Reading:

7 Money and Ownership Lessons by Nipsey Hussle

7 Money and Ownership Lessons by Nipsey Hussle

“Do not swim in an ocean of knowledge and drown in ignorance”

In honor of Rapper Nipsey Hussle and his progressive work and wisdom, beBATONROUGE would like to present you with 7 Money and Ownership Lessons to further assist you in your journey to financial literacy and generational wealth.

This story was inspired by a post from Kezia M. Williams, the CEO of The Black Upstart, an organization that offers training for black entrepreneurs.

 

  1. On Hustlenomics – You learn all the secrets to the game on your way up. Most folk want to skip the process when you skip steps, you miss the lessons
  2. On Turn Up v Own Up –  It isn’t cool to be in the club spending all of this money, or having cars and jewelry – but you don’t own any real estate? a fourplex? If the answer is no, you’re not a real hustler.
  3. Entrepreneurship – The new mindset is we don’t want advances, we want equity. We don’t want 1-off endorsements, we want ownership
  4. Black Capital – Biz models are built around our cultural currency. They develop the platform, implement structure & bring us in to raise value.
  5. On Breaking the Chains – Own the supply chain from production to consumption. People take shots at Jay-Z but he’s the first Black artist to have vertically integrated biz model where he owns the whole chain.
  6. On Creating Value – I released 100 mixtapes and charged $1000 for each because I understood the economic principle of scarcity. The profit funded my independent label.
  7. On Owning Real Estate – I own the block where I used to hustle from 8 am to 10 pm. I hustled, then I rented now me and David Gross will own in Crenshaw.
Share This Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Input your search keywords and press Enter.
That Brand Stole My Look!
Baton Rouge’s Urban Congress on African American Males Charts A Path For Progress At Annual Convening
Healthy BR’s New Geaux Get Healthy Project
MLK Festival of Service 2019
beCULTURED beGREAT beWell
7 Money and Ownership Lessons by Nipsey Hussle
Love Alive Church “Unleashes” 2-Day Conference
Community members “Tell Us More” about themselves, through dance
7 Money and Ownership Lessons by Nipsey Hussle
Community members “Tell Us More” about themselves, through dance
The Reel Review: Creed II
The Reel Review: The Hate U Give
Celebrating a “Big Victory”
Love Alive Church “Unleashes” 2-Day Conference
Essence Highlights Black Women Mayors
The Reel Review: Creed II
Bloom Festival Returns For Its 2nd Annual Event
Mayor-President Broome Hosts 5th Annual Family Fit Day
Don't Just Stay Woke, #WorkWOKE
Here's to the Millennial Moms!
What Happens When Women Pray For Women?
UPDATE: New looks at Louis Armstrong New Orleans International Airport’s forthcoming $1 billion terminal
Where does Southern University rank for affordability?
Local Non-Profit Organization Now Enrolling for STEM and Arts Program
X