Jay-Z is one of the most brilliant businessmen the United States has ever produced.
The 48-year-old mogul has found enormous success with his record labels Roc-a-Fella Records, a clothing line Rocawear, Roc Nation, the streaming service Tidal, and investments in companies like Jetsmarter and a finance company called Arrive.
It’s safe to say Jay-Z is a successful, serial entrepreneur.
But Jay-Z’s story is no overnight success tale.
He has survived numerous trials and tribulations.
His first company Roc-a-Fella Records with Damon Dash Kareem “Biggs” Burke imploded, and was eventually sold off for around $20 million dollars.
The same thing happened with Rocawear, which was also sold to Iconix for $204 million.
But Jay bounced back, took over Def Jam, married Beyonce, and launched a new label called Roc Nation, which has artists like J. Cole, DJ Mustard and Jaden Smith on the roster.
In 2015, Jay-Z also decided to take on Spotify and Apple Music with his own streaming service Tidal with artists like Kanye West, Beyonce, Alicia Keys, Madonna and others as stakeholders.
Not to mention in between all of this, Jay has dropped classic albums like Magna Carta…Holy Grail, 4:44 and his latest Everything Is Love with Beyonce.
Over the course of the last 30 years, Jay has risen from being a drug dealer worth nothing to having a worth of an astounding $1. 2 billion dollars with his wife Beyonce.
So how does a person like Jay-Z weather so many storms, and manage to live so “enormous” and never “dormant?”
Check out these six tips from Hov himself.
Slow Down And Reflect
Have such a strong belief in yourself that you can quiet out all the outside noise because that’s you’re gonna need that every step of the way.
Be Aware Of Your Haters
There are people that are projecting their fears and their shortcomings and failures on you and you have to be very careful with that. People telling you can’t do that. Why can’t I? Because they may have tried or, they don’t believe that they can do it and it’s not really about you. It’s about what they feel and their fear inside. So you have to be strong enough and resilient to believe in whatever it is you’re trying to do.
Live A Balanced Life
Life is about balance right? You have to have some type of balance you have time for work and it’s time for play and if you don’t allow these two things to co-exist you have an imbalance.
Understand People Around You Will Change As You Change
What happens most of the time people change. People change around you because they start treating you different because of your success. So you are changing. You don’t change who you are, the core of who you are, the things you believe, the things you love and the things you die for and your principles – you don’t change that – but you’re going to change who you are. You can’t do the same things. You can’t hang on the corner.
Be True To Yourself
Be true to yourself. You know it sounds like a very simple thing to do, but it is not simple to do with all the pressures to succeed, and all the pressure to, once you succeed, to stay there.
Believe In Yourself
Belief in oneself and knowing who you are. That’s the foundation of everything great.