Dame Dash on the BreakFast Club this morning, nikka angry for no reason
- Thread starter FreshAIG
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My point was simply that there's several dimensions to consider.Honestly, the fact that your go-to comparison was between a hot dog stand and being the top executive at one of the largest companies in the world pretty much tells me everything I need to know about your mentality. You and I debating this would probably be a fruitless conversation, you're too far invested in the other direction.
As far as the second statement, it seems that you think everyone's goal is to make as much money despite what they do. Most people who go into business for themselves do it for the control, not necessarily for the amount of money they can/will make. Most understand that, short term, your financial rewards will tend to be better as an employee than running a startup company, but what's the price for freedom? Maybe for you it's $15 per hour, or $10M per year or $10B worth of Apple shares, I don't know, but for others it's priceless.
And by the way, I never said either way was "right" or "wrong" or made you more/less of a man.
I'm a trainee in a certain risk advisory program, it would be fantastic to not have a boss when I've gathered enough experience and connections. However, I would not buy part of a restaurang and leave my career in the bushes to gain independence. Independce is not my main goal professionally speaking, I'd rather study interesting markets with a boss than trying to resell motor oil in Brooklyn, while the converse might be true for others. Now if I could do it on a large scale independently, that would be even better.
As individuals to keep it really simple, we should always maximize our 'happiness', Dame is acting as if everyone's happiness should be functions of the same factors.
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you think i or most dudes here even support these conmenmortuus est
Veteran
jaydolf spitler
Superstar
Every name he came up with for his business was so suspect he gotta say pause after it
"We opening up a restaurant called Buns (Pause)"
"We working on a movie called Mixed Nuts (Pause)"
"We opening up a restaurant called Buns (Pause)"
"We working on a movie called Mixed Nuts (Pause)"
torcher
Superstar
That was Irv, Suge and J-Prince not Dame.
On another note I would never take business advice from somebody who says saving money is stupid and is knee deep in debt.
Oooookay, Warren Buffet. Weirdo.
LV Koopa
Jester from Hell
1) Dame was saying that Envy couldn't pass the radio station on to son (which he can't). Dame never said anything about Envy's stocks/assets... I didn't even take that as Dame going at Envy personally as much as making a point in general, which is true (that's how I took it). If you're a janitor your whole life, you can't pass that job down to your child.
2) Did anybody even ask him how he started Dash Motors? If somebody wanted the knowledge on how that industry works, they could Google it. There's no excuse, in 2015, to have to wait for one person to tell anything.
3) That's not the worst advice to give somebody. If you take something from somebody, you're beholden to that person. That's not even business, that's LIFE rules. You've gotta pay the cost to be the boss. Mark Cuban would tell you the same thing about not taking a loan to start your business; I assume you'd rather hear it from somebody like that.
4) You don't have to save to start a business, it just depends on what business you want to start. As far as the whole "saving is for suckers" I understand what Dame is saying but I personally don't agree. A lot of the responses on here make me think y'all think I'm Dame's promoter something, I don't agree with everything dude says either.
And maybe this is where we differ. You're looking for inspiration or somebody to tell you how to do something, or more or less, looking for a boss... I'M NOT. I have a different mentality. I'm not clicking on a Damon Dash interview thinking I'm about to be in a Harvard business seminar.
Stock represents ownership in the company. If Envy ever has enough share where he is even close to majority he can pretty much do what he wants. Of course he doesn't have bread like that. BUT he can pass something down to his kids. When he admitted he can't just give his son a job Dame shytted on him - not realizing that he actually has the power to do something possibly just as good. Again, look at the businesses environment and WHO the product is before taking what Dame says as gospel. A janitor is not the product at the school he cleans. DJ Envy IS the product at TBC. Even if Envy can't give his son a job he has enough stake in the company to give him something. Dame missed this - big time.
you're right, why expect Dame to go into detail when he'll probably just mislead people
3) That's not the worst advice to give somebody. If you take something from somebody, you're beholden to that person. That's not even business, that's LIFE rules. You've gotta pay the cost to be the boss. Mark Cuban would tell you the same thing about not taking a loan to start your business; I assume you'd rather hear it from somebody like that.
Actually it is and if you had basic investment knowledge you'd understand why. When you take out a loan, the issuers have 0 say in your business. You aren't beholden to anyone. All they can ask you for is the money they lent based on the agreement they signed. They can't tell you how to run your business. When you issue stock, you're first order of businesses is to generate shareholder wealth. If you own the most shares - and that could in turn be purchased through loans with other people's money - you are beholden to yourself. Mark Cuban actually told people not to diversify their portfolios - which is great advice when you can AFFORD the risk of an entire asset class dropping. Likewise it's great if you can get by without a loan - but not many people can afford that risk. But you go ahead and expound on these economic scenarios for us since you've done your googles after Cuban said it
Aight. Then everyone should just quit their jobs right now and go open up whatever business they want. Since being a real man means using your own money - no loans, don't issue stock, and don't cash in bonds. Tell me how that works out. I don't think Dame is promoting anything. I'm more concerned with people thinking he is giving good advice when it's really, really, bad.
I'm not looking for inspiration from anyone. Never did I say anything to promote that idea. When I see someone talk about business, ownership, wealth, and passing things down to their children my ears perk up because those are very important concepts to black people. Many of us need to hear it. However, when I listen and hear misleading statements, lack of detail, and shytting on a man who is in a great position to do the things you are saying he can't - I speak out. This goes doubly for Dame Dash because as a man who has failed big time he is in position to tell you what to do and what not to. We look at failure as a negative thing when it really isn't (at times) and all I hear out of this man's mouth is IM A BOSS, I got Dash Motors, My son sells his own cookies. He just "inspiring" yall with all the would be positives and doesn't expose the realities of how businesses work. Either he is purposely hiding this to big up his own ego and/or he truly doesn't know. That is dangerous.
Mike Otherz
All Star
everyone talkin bad about dame, but everytime he go to these shows he shutting cats up on their own backyard. bill o reilly, power 105, combat jack and just blaze.
overall i see what Dame was trying to say in a very disrespectful way (lol) and also i feel you overall. i feel like there's no right or wrong and not everyone is built to be independant.I appreciate the platform, however he has got the clout to do it. Just because he owns his own shyt doesnt mean he cant hire everyone else to run the shyt while he comes in does his show and goes the fukk home. If he wanted to he could take his platform to the internet, and do the shows from his living room with video camera, mics and famous guests and stream it there. He could do lots, but he and other people are putting these false limits like all he can do is be on the show.
You can but those lessons are harder to learn. Its different from telling your son "Ok now when you go to mcdonalds, dont take money from the register." and having your own store and having a hands on lesson about it. Its hard for me to describe because my pops still owns his own business, so I got to learn the good way--from the heart, from blood. while other nikkas, corporate america, white people and their ethics company propaganda taught yall how to be responsible and integriry
I never said he'd be doing worse. I support him, I hope one day he does reach the top.
but if we look specifically at the whole "start a independant breakfast club" idea, while it's good to think that way, Dame is making an oversimplification of it. the reason it's not as simple as taking their talents to the internet is that if they go, they have far less reach as far as advertisement is concerned. as many connects Envy may have with famous guests, if their reach to the public is not as big, the guests are better off going to a Ebro in the Morning or Sway in the Moring, or a Big Boy's Neighboorhood to promote whatever they want to promote if it means reaching more people. i understand the internet can theoretically reach anyone with an internet connection but breaking through the clutter is where the value is. the bottom line is figuring out a way to make money out of it. traditionally in broadcast, it's either gonna be advertisement or subscription (or a mix).
funny thing is, even saying all that, i still think it would be cool as fukk if they did it... but if they do it (Pause), they gotta go in well informed of the risks and hurdles ahead. while Dame was dropping solid gems about independence, i just wish he would have touched even slightly (Pause) on the challenges and risks. he made it sound too simple.
also, if we go even deeper on a philosophical level, you're always at the mercy of someone. The only way to be truly independent is if you truly don't give a fukk about anyone else or even your life. As someone else said in the thread, even if you own a radio company, you still depend on advertisers. you might have more room to maneuver as far as choosing which advertisers to do business with but the bottom line is you still need advertisers and as soon as you get used to the money they pay you for allowing them to advertise during your show, they gain leverage on you (or as Dame would say, they become your boss). Even if you cut the middle man and get subscriptions, the customer becomes your boss in a way. Facebook depends both on advertisers and subscribers. if facebook does something controvercial and offends a big enough demo, that could be their ass. No one man is an island. i think Dame never understood that. Still respect to him for sparking a convo...
Family Man
Banned
Exactly! You can fail a million times all it takes is being successful at the right thing once. It's through failures that you learn valuable lessons.
Poh SIti Dawn
Staying Positive, Getting Better Everyday. Holler!
Lool yeah that's so true, its just that we be so many pages deep and into full fledged keyboard wars, I'm like "why even focus on miniscule things" although if you let them build up it definitely can have an effect.
And yeah, in my eyes he's pretty cool, especially if you like the new school not so underground but its out there stuff like currensy or krit.
I really need to keep up on him I'm super lazy with music these days.
Ski Beatz - Nothing But Us ft. Curren$y, Smoke DZA:
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that shyt was...vulgar..."Are you a superhero to your son" ?- Dame
"Yes....I am" - Envy
"Not when your boss walks in the room" - Dame
Just filthy............
this dude is a true scumbag
Charlemagne could have won if he didn't try to play "gotcha" with Dame. cause even if he catches a contradiction, Dame still games CtG into a corner cause he's a little quicker and then belittles him.
