Master P gets real with Ray Daniels and Tamira Smith on this week’s episode of The GAUDS Show. From uplifting and supporting Black entrepreneurs, to the culture divide in the music industry and the role of passion in achieving your success Master P gives us a Masterclass.
He shares how he met Nipsey Hussle when Nipsey was in 8th grade and talks about working with Snoop to create the first Black-owned cereal company with a national distribution deal. We talk about the importance of economic empowerment, accountability, and consistency, as Master P offers advice to Black entrepreneurs.
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“The most treasures are in the graveyard. People that never finished what they started cause they think they got a lot of time. So that’s why we gotta do what we gotta do now and get up in the morning and make it happen.” – Master P
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Quotes:
Episode Time Stamps:
00:03:02 – Master P talks about the biggest misconceptions within the Black community 00:07:06 – The role passion plays in the journey to success
00:09:26 – Meeting Nipsey Hussle
00:10:40 – Why you should not only expect but plan for failure
00:10:40 – Kobe Bryant’s dad was Master P’s coach on his journey to the NBA
00:12:51 – The meaning behind the label name “No Limits” and how Master P built the brand
00:17:04 – The real story behind Master P and 50 cent
00:24:38 – Master P talks about working with Snoop and creating the first Black-owned cereal company with a national distribution deal together
00:35:29 – The difference between working on a product vs working with talent 00:37:39 – Master P shares his experience as a father and the true value in wisdom 00:47:43 – The Master P Statute of Limitations Rule
00:49:16 – Why Master P stopped managing Meek Mill
00:57:39 – Mixing family and business
00:33:33 – The importance of building economic empowerment
00:41:21 – Master P breaks down the culture divide in the music industry
00:45:12 – What it takes to make it in the industry
00:54:31 – How to work with lawyers
01:02:20 – The inspiration behind Bout It Bout It
01:06:09 – How Master P completed college in 30 days and the value in consistency 01:07:54 – Supporting Black owned businesses and your family
01:14:31 – Advice for Black entrepreneurs
01:23:23 – “The most treasures are in the graveyard. People that never finished what they started cause they think they got a lot of time. So that’s why we gotta do what we gotta do now and get up in the morning and make it happen.” – Master P
01:27:08 – Master P plays Put Your Money Where Your Mouth Is 01:31:02 – Master P gives his credit check
01:33:59 – Master P – G.O.A.T or Underdog?