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“DON’T Wait For OPPORTUNITIES!” – Master P (@MasterPMiller) – Top 10 Rules


we’re in a culture that’s a
billion-dollar business but we create
millionaires well you start standing by
your word you’ll be able to build more
relationships and resources you know
what if you’re gonna get in a cell you
got to be prepared you got to do
something big when you get into a room
you gotta take advantage of Network
having an open conversation sometimes
you got to look in like pop all you want
to go I love to win
the people that love to win they’re
gonna be successful probably one of the
first and only to play in the NBA he’s
an American rapper actor entrepreneur
and former basketball player he’s a
founder and CEO of P Miller enterprises
a conglomerate company in 2013 Forbes
estimated his net worth to be 350
million dollars he’s master P and here
is my take on his top 10 rules for
success
we’re in a culture that’s a
billion-dollar business but we create
millionaires I talked to a lot of guys
that I know that got a lot of big
contracts in the financial advisors
running everything and it’s like when
basketball over so you can’t play
basketball anymore you haven’t put
anything into learning financial
literacy where do you go from that you
go back to the hood they take everything
they steal everything that you have
we’re not thinking ownership you got
somebody writing your checks even though
it’s good financial advisors out there
but the most of them most of them and at
the end of these guys careers they’re
known as the same story what happened to
my money
I come from Independence I come from
owning product that’s what that’s the
way I was able to be who I am and as I
grow and mature you know I’m thinking
like whatever LeBron owned the Cavs how
much money he would be making on Nike
you know it’s good Nike gave him a
billion-dollar shoe did a lifetime deal
but how much money are they gonna make
off him what happens when we own
actually own the product when you look
at all the all of all the big brands
from Apple TV 2 apple music you know
these guys are taking over the industry
and we got to go to them to sell them
our product and to get a small piece but
we are not creating brands oh no and I
think that’s where I plan to change the
game you know I wanted to be more of us
more minorities having an opportunity to
cash out on what we do every day
if you’re a businessman and entrepreneur
you got to find a problem so I found the
problem record stores are closing but
video game stores are opening that and
that’s when it hit to me I’m like I need
to be in a video game business I put my
life my passion and saying what I did
into the music I put into the video game
and
I’m mostly like probably the only person
that looked like me come from our
culture that’s a part of this in Silicon
Valley just like what she was saying
when you give somebody your word your
word is so important once I gave her my
word I had to come here but not I’ve got
the million other things I got to do is
say well I gave up my word and that’s
gonna go a long way with you in business
once you give somebody a word it’s good
to get it in right everything that you
need to get done but when you give
somebody your word you gotta stand by
because when you start standing by your
word you’ll be able to build more
relationships and resources you know
what if you’re gonna get in a cell you
got to be prepared you got to do
something big you know and you gotta you
gotta you know I feel like this pilot
record with me in low Wang it’s
definitely a statement record but it’s
just real this time it I know I mean I
tell you all the time ain’t on my time
we won’t go soon absolutely so how the
Brian James a1l feel when you’re in the
gym you got to go practice work on your
jump shot work on your game I feel like
or does not need to spend that time in
the studio then just pour it in order my
whole life is about helping the kid
helping other kids you know letting them
look at my life through a blueprint you
know you can’t just make an amusement in
the music business I want to show people
that you got a you gotta have a couple
of things long cuz when that when that
thing ran out something else might open
up you know the film the TV open up for
me all the clothes you know the music
business is not the same yeah so it’s
like like you say it about the marketing
is about the endorsement deals so you
got to get hiding something to get
though India so you know I think in this
game 9 what I don’t know how to do best
is about being independent you know so
if you’re independent you could make
movies the way you want to make it you
want to be successful now down the line
you meet somebody you might see them
again and they gonna remember you you
build those relationships I did the same
thing with uh we Warren Buffett didn’t
know he was Warren Buffett
you guys you know I’m sitting in a room
with Donald Trump Robert Kiyosaki and
I’m thinking these are the guys you know
and he told me say man look his old guy
over here he makes a million dollars
just touching the computer and I’ve been
talking to this guy the whole time you
know what I’m like wow you never know
who you might be sitting next to who you
might meet so you got when you get into
a room you gotta take advantage of
network having an open conversation meet
somebody tell me your name
telling them where you from telling of
what business you in you know tell them
whatever whatever you involved in
because that person might know somebody
say hey you know you into okay I could
hook you up with them like oh okay again
this is my guy from over here that’s
what building relationships is about in
network and that’s the first part of
business being entrepreneurial because
you might not have the money to start
the business even though you
entrepreneur you got the idea that’s how
people say they started a business with
no money they had the idea but then they
went to somebody and network with the
person that had the money right now
through the power the internet right now
think we should have to sit back and
wait is about creating the opportunity
don’t wait for something right now the
Internet is so strong with me
so Chuck say looking at a god-like
soldier boy just came on the internet so
you not sitting back waiting even though
people laughter so the old man is built
yourself or whatever but this guy
created is not happening but you like
Chuck same he also had to go sell out to
take it to a big pigeon now my thing is
sometimes you got to look at and like
pop all you want to go they might think
it’s independence I thought that this
was a happening I was able to open up
and create and still be able to empower
all the people in the community so I
just think that we have to figure out
how far we want to go in before I got
the deal turned down a million dollar
deal with Jimmy Iovine
Jimmy Iovine offered me a million
dollars you know I’m in the project I
had like five hundred dollars in my
pocket
okay so I went to see him and my brother
was with my brother see he was like man
take the million now they’re gonna be
rich and go take over the project I said
nah ain’t taking over the present when I
get this baby now I’m going I’m out of
this I don’t even wanna see no more
president I need to be gone so I sit in
that office I had to check but I read
the paperwork so orders that’s watching
this you need to read the paperwork by
me going to college outlook I was like
to my mind I’m thinking this is a
Michael Jordan tickets Michael Jordan
got a million dollars from Nike he would
have been a billionaire people don’t
know that but they gave him maybe like
3% a 5% of stuff like that so I was like
I can’t do this deal because I won’t own
my name no more none of this stuff so I
told my say I said mr. bean I’m gonna
get some lunch I’ll be back
so he was like man if you don’t come
back you would never get a deal in this
town I get back on the plane I’m on
Southwest we start eating them peanuts I
start thinking about that million
dollars look make the people you wanting
more peanuts me my brother man we bout
to fight he’s like he was like go man
why would you not take the million
dollars knowing that we don’t have no
money so I could see how much money you
got you fired us I got 500 out he said
you got 500 out you turn out million as
I say but before we start shipping on
each other that white man offered me a
million ounce how much you think I’m
worth
that’d be worth 10 15 20 something
you know that’s when he left me alone it
was a long ride back to New Orleans but
you know but that’s sometimes you gotta
take chances on yourself I think you
know a lot of people they say the
hustles they said it from the streets
but why somebody else putting your music
up if you really on the street I’m these
records I’m hands yeah how you trapping
and how you doing all right you know you
should be input your own musica right
you don’t need nobody but your musica
right nothing we was out there if we
change our life but we put our own
musica
right we did our own thing I like to win
I love to win the people that love to
win they’re gonna be successful but this
okay losing some time you might not win
all the time because you always say
tomorrow I loves today but tomorrow I’m
gonna make up for it so be prepared to
take losses in business being
entrepreneurs so that’s the thing about
it but that one win take away all the
pain if you want to put north and you
own your own business and you run your
business well I’m probably the first
hip-hop artist to make a movie
independent film I’m probably the first
hip-hop artist to do a sports agency I’m
probably the one of the first hip-hop
artists that do clothing probably one of
the first and only to play in the NBA
probably one of the first and only to
make an 80/20 deal distribution deal I
mean I could go on and on then but it’s
like you know I mean so many doors and
opened up for people and I’m just glad
to be a part of that that history thank
you so much for watching I made this
video because mystery MediaCorp asked me
to so if there’s a famous entrepreneur
that you want me to profile next leave
it in the comments below and I’ll see
what I can do I’d also love to know
which of Master P’s top ten rules hit
you the hardest and why leave it in the
comments I will join the discussion
thank you so much for watching continue
to believe
seasons will slow me down the most
important work ever if you have to think
of one word that’s most important to you
or that sums you Apple that would be
like a little beacon cabling nation if
you want to know what the most important
one word is for Tony Robbins Gary
Vaynerchuk Oprah Winfrey will.i.am and
Howard Schultz I have a very special
secret video for you check the
description for details
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