Damon Dash "Paycheck Percentage" (ASK DAME)

Hip Hop Motivation's Kenyatta "The Barber Walters" Ask Dame email questions from [e-mail] Music By [e-mail] www.poppingtongroup.com www.thesecrettoballin.com
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[@O2Hyii]

This is probably the most honest and accurate perspective told from an entrepreneurial stand point most people think the money will just appear without investing in yourself, hints the term "Go for broke" .......

[@kenyattakhari2579]

Word up

[@rollinlxwade7982]

kenyatta griggs ask dame about Zro the rapper, has he heard him

[@bougwada]

That crib is pure motivation too ! that's the kind of house that I need !!! Lol

[@kenyattakhari2579]

It is, thats why we had to capture the interview in this part of the house. Peace and thanks for the support. God bless

[@aldeb456]

Hooking up with Jay-Z an Biggs an creating the brain child for a record label, clothing line, an movie deal. Getting artists, doing contract negotiations, art gallery's, part owning a club at one time an creating the first hip hop tour. Dame may have his flaws (we all do) but I got to give him credit where credit due. Yea Puff, Suge, Baby, Master P, Russell Simmons, may have paved the way, but I think Dame is on that Mount Rushmore of CEO's as well!!

[@Younglouisbyrd]

Insightful. We need more interviews like these types of real social commentary.

[@kenyattakhari2579]

I agree, Sometimes the questions can go left field but its all good. Thanks for the support

[@markjones1126]

Black men need to learn the power of credit.with credit you need no cash to get started

[@allosesmoii]

Always put in your own Cash.. The whole point of the video is being his own Boss. Hence, Mr.Bank can go fuck himself.

[@znhait]

I think people misunderstand Dame when he said his money is in the streets. All he means is that if his net worth is 5 millions, he might only have one million in liquid cash to use. The rest of the 4 millions is invested into business. In essence, he's actually never broke. As long as he runs his businesses properly, there will never be a point where he would totally lose all that 4 millions. On the other hand, most of the times, that 4 million turns into 10 millions. I personally would always have a good amount of actual cash, but that just depends on your mentality. Dame has been successful before, so he has a different mind set.

[@Constance2g12]

most people don't understand

[@bleedblue9657]

And people say this mans broke and hes sitting in a cinema room in his crib lol

[@clizark1]

Dope interview...... Invest in yourself!

[@kenyattakhari2579]

Appreciate the shout out

[@clizark1]

Already! I'm proud of you Fam.....Much more success to you.

[@kenyattakhari2579]

Keith Clizark All praise due to God. Thank you for your positive shout out.

[@clizark1]

King Jul That's whats up! Before the Braids Kenyatta used to cut me up back in the days.

[@RNEAL1]

This video should have over 20 million thumbs up I love Hip Hop Motivation

[@Snaxallday03]

Thanks. Your channel keeps me motivated on my path to being Indy.

[@kenyattakhari2579]

Thats whats up, good to hear. Thank you for the support

[@S.O.C.E.PRODUCTIONS]

In order to be a boss you can't be afraid to USE or LOSE your own money!!! Invest in yourself and use your own money and eventually you will become successful!!! and stay focused. - S.O. Crew

[@kenyattakhari2579]

Word up. Peace

[@immyownpresident]

I think the most important thing about investing is the will to take risks. Every investment is not gonna work just like every relationship wont. The will to take risks is the will to move forward, even with mistakes becuase if you look hard enough, there's a lesson that will prepare you for the next step. Most people look at mistakes as a loss. Learn, prepare and take risks.

[@MrBlaq]

@ 2:25 Agreed. Referrals ars the best.

[@kenyattakhari2579]

Yea I learned that first hand

[@JLoveYoutube]

Damn I need me one of them chairs!

[@kenyattakhari2579]

Yea man the leather is butter

[@haywardmyers8464]

Excellent vid fam!!.....very insightful as usual.....showing different locations of the his crib, or even other locations period adds a refreshing quality to these vids, but material is not nearly as important to what he's saying though.........keep the vids coming bro.

[@kenyattakhari2579]

I agree, thanks for the shoutout. Good lookin out on the support

[@haywardmyers8464]

kenyatta griggs Anytime bro, good lookin out on these videos!

[@Constance2g12]

Love the videos. a lot of truth and knowledge is helpful to those in the start up phase. I think the next video should be contacting investors, and customers to generate venture capital. Shops that have a good product can find this helpful in gaining the conversion.

[@jeffreypattie7150]

Must rewatch every dsme video multiple times to catch everything..dame gives so freely of hisself..blacknificent, somebody coined 4 him..nobody gives better tip!!!

[@Snaxallday03]

For the person who asked the question.. take whatever % you can afford.. also find cuts in spending elsewhere. Do you eat out, high cable bill etc. Dame started in the drug game so it a little different but the same principles. (please correct me if I'm wrong) You have to find a product or service that you can get with the capital you have available to you. Flip it! Rinse and repeat! Don't spend the money, you MUST reup! Put it back in your business. buy low sell high. Hustle hard ..

[@kenyattakhari2579]

Great breakdown, this is appreciated. God bless

[@seabreez7550]

Good looking out

[@plsod701heldcaptivmusik]

I needed to here this today. good vid Famm

[@kenyattakhari2579]

Thats whats up bruh, im glad to hear you got a spark from this post. Thanks for the support

[@Halloffameproductions]

I was here. I’m cold. This video was nice and chill.

[@derekweiland9493]

Great vid bro! I love hearing you two talk business. I really like hearing how you guys got started, that's the knowledge I (I'm sure all of us) would love to learn. Keep them coming man, I appreciate it!

[@kenyattakhari2579]

Good lookin out Derek. I appreciate your shout out and support. Thank you

[@derekweiland9493]

kenyatta griggs No doubt. How could I get one of those Hip Hop Motivation t-shirts? They're dope and I'd love to support the movement.

[@tiransims21]

Yo Dame is trying to teach us invest in are self IAM in to houses good work dame

[@TheTruthIsRefreshing]

Good video.

[@kenyattakhari2579]

Thank you and as always thanks for the support

[@mallymall1350]

I love this channel, so much real knowledge is being dropped

[@kenyattakhari2579]

We appreciate your input and support, good lookin out

[@MAHONEYDRO]

The realist shit ever!!! POWERMOVES

[@mynameisirrelevant46]

To all of you'll who say Dame is arrogant ..Look how humbly he asked "K" to educate him on what his starting process was.....

[@jemalguillory]

Postal worker can open their own marketing by mail firm. Bulk mail permit is .11 a letter. Current rate is .51. The .40x is your profit margin. Turn in your retirement today!

[@rjvilla5228]

Mr. Kenyatta, great video sir. I'm getting inspiration from your method of putting aside a percentage of what you make towards a business you have in mind. I also see that you have to have a skill that you are very good at to succeed in business. Wishing more success to you sir and thank you for sharing Dame's as well as your knowledge on things.

[@kenyattakhari2579]

No doubt, peace and God Bless your movement

[@MallLaSoul]

im not rich i have a humble living but I think dame has the term entrepeneur all messed up. It just sounds like he just blows cash at any willing opportunity. SAVING IS key

[@SheilaMakena]

I think it takes a great amount of skill to do what Dame does. He has been an entrepreneur all his life, so he definitely has very advanced skills on how to create and sustain businesses. The way he works is like business on speed. Those of us who are not in that mental league won't survive so it's better to do it the way Kenyatta did. Save, save, save and put it into a project that is meaningful to you... then as you grow, and as your skills get more complex, you'll find yourself doing even more complex deals/projects/businesses, etc.

[@Teterboro92]

save... then what, u gotta invest. saving aint gon get u nowhere especially with this economy, the dollars VALUE is shurly gonna fall off and then inflation will kick in and all the money you saved wont be woth shit lol... save enough money put it into something that will bring you continuous cash flow and invest in "sound money" Dame holla at me ima young 22 year old brother i gotta job in ND making about 4800 every 6 weeks working for an oil company and i plan on starting my own real estate business with all this money im saving.... if you can and if you have the time email me i would love to pick your brain on a few subjects... Pause! [e-mail]

[@aldeb456]

Tajier Burley I hear where you coming from but what I notice with a lot of young people especially African Americans, they don't know how to save an buy frivilous things.

[@northstar6832]

aldeb456 African Americans have more saved funds than any other group of Black people in the world.

[@aldeb456]

North Star Really? Can you show me proof? Not dissing what you're saying but from what I've seen many young African Americans (21-30 yrs old) spend their money foolishly. Now if you talking about African Americans that are 40 an older maybe I can understand.

[@winderfulfoster680]

Cool!😎😎😎😎

[@Sidenotez]

this is what im talking bout Kenyatta Griggs - add to the conversation - this made me laugh at the end - gotta risk your own money - no way around it

[@kenyattakhari2579]

Appreciated, were glad you enjoyed the post. Thanks for the shout out

[@bonniendlo]

Real shit

[@WILLPOWERSTUDIO]

dope.

[@kenyattakhari2579]

Good lookin out Will, more to post

[@WILLPOWERSTUDIO]

dope man, I'll be tuning in

[@TonyHndrxx]

Look at Dame flipping the script and interviewing you. I think its time we need an ask Kenyatta/T.B.W. sequement. From looking at all these interviews you have jewels that I know that you dont even put on KZbin. Whether it was game giving from you from various people you interview that you may had to edit or etc.. As always good work bro and its finally September I cant wait for the movie/documentary to drop.

[@kenyattakhari2579]

Man, real talk I appreciate that Anthony. I agree, and we will start doing that more, because I have been around some very powerful minds in all industries. "THE SECRET TO BALLIN" movie reveals the type of people weve been blessed to interview besides Dame. Thanks for that shout out and your support. God bless your movement. Peace

[@LouieTzepher]

I agree, Kenyatta def has some jewels we need to hear, i was thinking the same thing.

[@kenyattakhari2579]

pradaluggage2 Thats appreciated family. Thank you for the support. God Bless your movement

[@suaveG216]

great info.

[@kenyattakhari2579]

Peace, we appreciate your support. Thank you

[@jermainestallenberg]

Hey thank you for the insightful content and for Dame's dimes of knowledge. Would you refine the sound quality a bit?

[@TOON.MUSIC.503]

dame makes sense most the time and puts himself in other peoples shoes besides the regular working middle lower class human being,

[@keyodi]

is that dames house?

[@hiphopmotivation101]

Yes

[@jonathanlippe]

Ive been "saving up" to get some of those theater chairs / seats. I like the similar taste. Best Buy has them in their glassed in rooms with the big TVs.

[@sooutstanding31]

first off most companies offer 401k and they are willing to match up to a centain percentage make sure you do that first. 2nd depending on your religion pay your tithes. 3rd put money aside for emergency funds 4th put money aside for business.

[@thesolomonexp]

i like that very informative

[@kenyattakhari2579]

Appreciate the support

[@thesolomonexp]

indeed, it was good to hear your business views, a lot key points young entrepreneurs miss..look forward to the #Film

[@kenyattakhari2579]

Carolina Execs Thank You Fam, I appreciate the shout out.

[@thesolomonexp]

Indeed Fam

[@exodus1536]

lol @ Burt Reynolds, I totally agree though, I did the same thing and stack a few racks from my pay check to start my business, working towards having my own building. But I need more clients, I may need to use Kenyatta's client promo technique. great vid as usual

[@kenyattakhari2579]

Thank you. We just trying to teach people to turn there life goal into a part time job that can eventually turn into a full time situation.

[@YellowSynth]

you push a line and it's wrap lol

[@davisdynasty83]

Hip Hop Motivation haha had his mustache looking like Burt Reynolds lol....

[@kenyattakhari2579]

Ive given out a few Genuwine mustaches in my lifetime. From Burt to Genuwine

[@kenyattakhari2579]

davisdynasty83 Oh yea I gave out a few Hitlers back in the day

[@redman6790]

You have to be vulnerable and put money in. With the business to consumer model (b2c) you gotta wait for the money to flip. Its high risk but its worth it! That’s my aim inshallah

[@rg3127]

Yo Kenyatta excellent videos, also can u ask dame to elaborate more on culture vultures and dudes with pockets on the mind thanks

[@kenyattakhari2579]

Ok, make sure you send your complete questions to [e-mail]

[@AmenIamHotepRA]

#PracticeBlackGroupEconomics

[@robertroland445]

0:40

[@sidewaysinfinity7762]

I have 2 questions number 1 Dame says he wants to be the next LVMH I was wondering what are your objectives? what do you hope to accomplish in business and number 2 what do you think about successorship and legacy and can you do a video describing the importance of having a successor and leaving a legacy thank you

[@kenyattakhari2579]

"LEGACY"... Stay tuned thats coming

[@orishaphotos481]

It's called A savings account.

[@TheBammyTVShow]

Dame forgot that no matter how smart you are ... You need humility and empathy to truly lead and get respect from your workers and business partners. Once you apply true humilty and empathy people start trusting you. T.R.U.S.T. Dame , No one trust you , that's why it seems they out to get you. You can have your beliefs and still respect others. Respect doesn't equal weakness. #Respect

[@mr.worldfree3333]

which jordans is Dame wearing?

[@cocaingotti1878]

cement 3's

[@StarScorpio1]

Kenyatta, I always look forward to these videos man! My wife and I have a cake business in Toronto...that's her on the right in the picture. I'm a black man that knows the struggle, I did stand up comedy for 8 years and it's sad that every black comic runs to the only established (white) club in Toronto because there are no black people paving the way in Toronto. Everyone just looks out for themselves. I started monetizing my wife's cake videos and from those profits and cake profits we are saving for a shop. Mall La Soul below don't be so reckless with your word choice, "blows cash" come on....

[@kenyattakhari2579]

Thats great, is there a link where I can check out your business? Thanks for the support

[@StarScorpio1]

kenyatta griggs lawrencecakedesign.com/. It's hard man, that's why I watch inspiring videos. We both work full time jobs and do cakes mostly on weekends. I was reaching out to my cousin Andrew Wiggins to post my page on his twitter to get more hits. We do crazy cakes like cake boss and business is going well from home. I just don't know how to start...no guidance. It's scary when you're paying a mortgage. Thanks for hitting back!

[@kenyattakhari2579]

I just saw your videos, great job. Thanks for sharing. Peace

[@aldeb456]

kenyatta griggs @ 1:56 mark you made an excellent point. You stack a certain percentage of your earnings. @4:14 looking to get your own salon, being 20 yrs old an putting all the money you stacked up......you have to go broke initially! Wish more you ppl took heed to your advice.

[@snoop218]

Nigga dats tupac

[@bankruptmusic9806]

Like ur videos wit Dame talking asz...Sometimes give him a break so he can catch his breath by letting him interview you....Good ish Hop...

[@itsrelativ3967]

DON'T EVER GET A LOAN TO START YOUR BUSINESS IN TODAY'S ECONOMY!!!!

[@PAHZAZZ]

I respect Kenyatta coming from a regular dude stand point cause Dame been having paper sense the turn on the century & beyond lol.... I know that Home Theater is fresh smh *PAHZAZZ RADIO IS NOW HERE ON KZbin FLY HIP HOP MUSIC and MUSIC VIDEOS FROM YOURS TRULY HIT THAT CHANNEL ENJOY SOME AMAZING CONTENT!!!!!

[@kenyattakhari2579]

Greatly appreciated fam

[@PAHZAZZ]

kenyatta griggs YES SIR....

[@cigarcatfromwayback...lets380]

I love the conversation these cats are having about business, but Dame is giving the wrong strategy as far as money. Any person who has ever started a business (no matter the size) will tell you that you need to use leverage (other people's money) when you begin. This money can come from small financial institutions, private lenders, notes, equities, secondary mortgages, etc. Rich folks almost never use their own money for projects ..... any person who does is greatly putting their financial stability at risk .... not a smart idea ....

[@orderofgrandpuba]

So if you buy a $5 T-Shirt from the T-Shirt guy in the mall, Go Home Put a Smiley Face on it & Sell it for $20. Take the $20 & Buy 4 T's, Make $80, & So On So Forth, Rinse & Repeat, & Keep Flipping & Re-Upping, That's the "WRONG STRATEGY"? How is a $5 investment putting anyone's "FINANCIAL STABILITY AT RISK"? I think Dame's strategy is basically "BOOTSTRAPPING" from a street perspective. Nobody is going to give you a loan, capital, or leverage without a case study of growth, cash flow, & demand for your product. Nobody is going to give you "leverage" off the strength of an "idea". You have to have a PROVEN business model before anyone invests in your business to ensure they get a ROI

[@cigarcatfromwayback...lets380]

WRONG! #1 your basic T-shirt strategy is leaving out a lot of costs for a true ROI. Also Dame's "bootstrapping" perspective comes from money he made selling drugs. Not hating ... love the brotha ..... but is that a risk YOU'RE willing to take? Of course not ... ALSO look at your comments ... "Nobody is going to give you leverage off the strength of an idea" .... WRONG .... if you go to your local real estate investors club meetings, entrepreneurial meetings, private lender meetings you can get money .... I see it done all the time ... you just have to get creative with terms to make it lucrative for them ... but the KEY is that you're not using your own money. If this concept makes you nervous, that means you didn't have an idea you believe in in the first place .... CREATIVE FINANCING is the key .... Then you said you have to have a PROVEN business model ... WRONG (again) .... many small entrepreneurs who accomplished amazing things just had a vision combined with desire and "want to" and used their persuasive selling skills to convince their potential investor(s) that they were worth investing in. Now ... you're correct if you're talking about going to a BANK and doing this via "conventional means" (which I wouldn't recommend) then you're going to have to show a "proven" model ... but the problem is that you may have to wait months upon months to get financing ... by that time, the opportunity may be gone ... If I were YOU, I'd listen to the words that are coming out of your mouth ... it seems that you're talking YOURSELF out of an idea or deal that YOU don't believe can happen unless you believe in the "conventional wisdom" that comes from people who've don't know a damn thing about business and schools which are being taught by people who've never ATTEMPTED to become an entrepreneur or run a business in their life! Like one of my mentors once told me ... it's a shame when someone tries to stop you from achieving your dreams ... but it's a DAMN SHAME when you're stopping yourself .....

[@orderofgrandpuba]

+WHO DARES That's Real Estate, of course if you're talking about buying properties it's not wise to use your own money. Plus hell yeah investors will loan you money for a real estate project because if you renege they can always reposes the property, so they lose NOTHING. But no investor in their right mind would invest in an "IDEA" for an asset that has no value, cash flow, or cannot be collateralized if the arrangement goes south. Got to have some "skin in the game". Listen I GET IT Acquiring GOOD debt/leverage helps you grow an empire faster without being exposed. Same goes for finance, investing, FOREX etc. BUT again HIP HOP MOTIVATION is speaking to the everyday entrepreneur.

[@orderofgrandpuba]

+WHO DARES If you want to make movies, clothes, merch, apps or any new age shit without a track record there isn't a bank in the world who'll fund the project off the strength of a "BUSINESS PLAN". Hell Nate Parker funded The Birth of a Nation because he knew nobody else would. He also knew once he finished the project the studios would buy the rights & he'll recoup his investment that's a perfect example of using your own bread & using corporate to scale your project. That's all Dame is saying plus that was Biggs dope money not Jay or Dames. Biggs was the real dope-man he just partnered with Dame because of his business acumen & Jay because he was the star.

[@cigarcatfromwayback...lets380]

Prince Ali. Brah .... what they accomplished isn't normal. MOST people who attempt to do what they did using their own money is going to lose it the VAST MAJORITY OF THE TIME! It's not a viable business option for the masses .... even the richest people on this planet don't use their own money to fund projects. That's the first thing they teach you if you're learning from a TRUE entrepreneur ... never use your own money. The creative financing strategies that I've learned from folks who've made lots of money can be used to fund ANY business and can be learned and utilized with study and practice. The type of business doesn't matter ... you just want to get the money without using your own ... The only thing I can tell you is to read up on it (learning from people who've made tons of money doing it) and actually get around local entrepreneurs by finding out where their meeting groups are (ie. www.meetup.com). I'm telling you ... making a habit of constantly using your own money to start business is a road to ruin .... As a side-note .... again, I like Dame Dash ... I love a lot of the stuff he's saying about being your own boss, but he primarily uses his own money because no one wants to do business with him. The brotha has burned a lot of bridges because he runs his mouth ....

[@BiggBrotha]

Didn't Def Jam cut you a check back in the day when you started Roc-a-fella? That's a paycheck , i'm just saying.

[@Nigmatics]

Very insightful and informative answer from Kenyatta...personally, I feel Dame's take on the question is a very risky one. To each his own. Peace.

[@69silkyslim]

Does this guy ever get tierd talking to Dame ? Because they seem to talk about the same shit everytime .

[@iLadon616]

im sorry but why he sound like thr barber lying tho??..idk

[@kenyattakhari2579]

Naw, Everythings Real...

[@iLadon616]

how u know? kenyatta khari

[@kenyattakhari2579]

Redz LaDon Because that is I, I is he. Peace

[@iLadon616]

Lol..my apologies..i aint even recognize u brother lol peace

[@kenyattakhari2579]

Redz LaDon Peace Sis, God Bless

[@gon7155]

This is Great recipe for getting broke

[@geecheeflow9828]

Am sorry I don't agree with dame on this one ..if anyone is working a 9 to 5 and want to open up there own business and wants to save to do that.. I think he should have given a better answer ..like a old Jamaica told me don't live beyond what you make ..if you're working a job no matter what your doing you should be able to save 25% of your check after bills ..cut out some of the wasteful spending ..

[@gabriels827]

damon obviously is not broke

[@EffDinero8]

#BURTREYNOLDS

[@kingblazebeats]

How was this helpful?

[@jeffreypattie7150]

Lucky you kenyatta getting a private screening. Love home movie theatre too..front sest center view. Id even take the back row😂😂

[@edgarcontreras4477]

Weak

[@brandonjackson3641]

Stop drinking that haterade it's bad for your system

[@juniorc6128]

the first interview I saw I was inspired but now it's like u jus to much U talk about to same thing and u een maken no sense to someone who don't have a head start in life