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10 Secrets of Jay-Z’s Successful Life

10 Secrets of Jay-Z’s Successful Life

Jay-Z is one of the highest earning artists in the music industry. Forbes estimates his net worth to be around $520 million in 2014. He is also married to another powerhouse in the music industry, Beyonce Knowles. Together, their combined 2014 net worth is around $900 million.

So what makes Jay-Z so successful? Rumor has it that he is part of the Illuminati (Satanic Music Industry). We don’t know the truth about that, but the list below is what we know for sure. These are the ten principles behind Jay-Z’s successful life:

1. Hustle

Jay-Z was born as Shawn Corey Carter in 1969. He grew up in Marcy, a housing project in Brooklyn, New York City. In 1982, Jay-Z’s father left, and his mother had to support her family alone. It was by following her example that Jay-Z got his unrelenting work ethic – his hustle.

“Without the work, the magic won’t come.” – Jay-Z, from “Decoded.”

Don’t be afraid to work really hard and hustle in the beginning. The future you will thank the present you for hustling hard now.

2. Don’t Wait Until You Have Everything You Need

“It just got to a point where it was, like, ‘Make this decision, because this is something you really love and you love to do. It’s time to really focus on and then get serious about it, give it your all.’ And once I did that, it was no looking back from there.” – Jay-Z, Interview with Forbes

Jay-Z didn’t have a drum kit or Pro Tools growing up, but that didn’t stop him from making beats to rap over (he used his fist and a kitchen table).

If you want something badly enough, you can make it happen. Don’t let imperfect circumstances prevent you from executing your goals.

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3. Don’t Run Your Mouth

Jay-Z was still struggling to break through into the music business when his collaborator, Jaz, got a big record deal from EMI. Jaz was going to London to record and he wanted Jay-Z to come along.

When Jay-Z told his crew about it, their response was less than enthusiastic. They felt like they were being deserted and told him that rappers were just being used by the music industry.

Of course, Jay-Z ignored their negativity, but he also learned a valuable lesson: sometimes it’s best to keep your mouth shut about your aspirations. From then on, Jay-Z says he knew he wanted to get a record deal of his own, but that he “didn’t go around talking about it to even [his] closest friends.”

It’s tempting to share your dreams and goals with people, but be careful not to talk too much. Sometimes even your closest friends and family members won’t be able to see your vision and their responses may be discouraging. Actions speak louder than words.

4. Skills are Transferable

Jay-Z never went to business school. But that hasn’t stopped him from founding $100 million companies and serving as a co-brand director for Budweiser Select.

While others were out getting their MBA, Jay-Z was learning real-life business skills on the streets. He learned sales, management, and promotion on the streets, so it’s no surprise that he slipped comfortably into the many roles of an entrepreneur.

We all have a breadth of experience to draw from. Try to learn as many skills as possible. What might seem like a useless skill now, might prove to be very useful in the future. Also, always keep a look out for how your skills in one field can be used in another.

5. Know How to Handle Rejection

Jay-Z was turned down by every label in the industry. So did he give up on his dream of becoming a professional rapper? No. Instead, he started his own record label.

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Jay-Z was offered a weak endorsement deal from Iceberg Apparel, even though Jay’s shout-outs for the clothing company were boosting their sales through the roof. So did he accept their offer? No. He started a competing clothing line and sold it ten years later for $200 million.

Jay-Z has an amazing knack for bouncing back from rejection. We would all benefit from adopting this mindset.

We should learn that rejection is part of the journey to success. Do not give up easily when you are rejected by people. Instead, you should see this rejection as an opportunity to improve yourself.

6. Make a Plan

When Jay-Z, Damon Dash, and Kareem Burke founded Roc-A-Fella Records in 1994, they drew up a business plan. Jay recalls, “We made short and long-term projections, we kept it realistic, but the key thing is that we wrote it down, which is as important as visualization in realizing success.”

Make sure that you write your plan down on paper. Sometimes we think we know how it’s all going to play out in our head, but there’s something powerful and clarifying about actually writing things out.

7. Don’t Take Your Eyes off the Prize

It’s a common story in the entertainment industry: an up-and-coming artist gets a little taste of success and then everything comes crashing down when they get caught up in the lifestyle (i.e. parties, drugs, and alcohol).

Jay-Z’s music and business career took off simultaneously, but he managed to keep a level head. Even though he rapped about champagne and margaritas, he was only a light drinker. Jay prefers to be sober so that he can, “stay focused on making money.”

It’s this ability to resist temptation that has allowed Jay-Z to turn his initial success into a business empire.

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The lesson that you can learn from this is to always stay focused. Do not let distractions keep you from the main prize (success).

8. Dream Enormous

As a poor kid growing up in a housing project, nobody ever told Jay-Z he could one day be worth $520 million or that he would pack Madison Square Garden.

But he did have a sixth-grade teacher named Miss Lowden who “must have seen something” in young Shawn Carter. That little show of support gave Jay-Z the confidence to imagine a life beyond the projects.

Accomplishing enormous goals starts with the ability to imagine them and the willingness to pursue them.

9. Demand Respect

In 1999, Jay-Z won his first Grammy award: Best Rap Album for “Vol. 2… Hard Knock Life.”

But he was nowhere to be found at the ceremony that night. Jay-Z had boycotted the Grammys because he “didn’t think they gave the rightful respect to hip-hop.” So even though attending the event would have been good for Jay’s career, he passed it by.

Jay-Z clearly has zero tolerance for disrespect – and as a result he’s very rarely disrespected.

You should also know whether a situation is right for you to be firm and demand to be respected by your colleagues. It will make you more charismatic and people will start to respect you more.

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For example: you have been working really hard for many years, but your boss still treats you badly, and you are still being underpaid by the company. Your reaction to his behavior is the key here. If you keep accepting his bad attitude towards you, your colleagues will look at it and do the same to you. However, if you react by being clear and firm that you will not tolerate the disrespect, your boss will see this change in attitude and start to treat you better and show you respect.

10. Accept Help from Mentors

Entrepreneurs and artists tend to be strong-minded individuals. Jay-Z is both, but that hasn’t stopped him from seeking the guidance of a host of mentors through the years.

A good mentor has already been in your position. That means they can see what steps you need to take and what mistakes you must avoid – all while still giving you room to breathe and grow on your own.

Without the role models below, Jay-Z couldn’t have become the entrepreneur, rapper, and championship-caliber performer that he is today.

Some of Jay-Z’s mentors are:

  • Russell Simmons – Co-Founder of Def Jam Records
  • The Notorious B.I.G. – Rapper
  • Michael Jordan – Six-time NBA Champio

There are a lot of things that you can learn from these ten principles behind Jay-Z’s success.

I personally think the last principle is very important. You need to get mentors so that you can significantly improve many important areas in your life, such as your finances, health, relationships, and many more.

I personally have seen many people struggle with their health and body. They have tried to lose weight for a while but with no results. Finding and working with a mentor unlocks their abilities and they start to get results.

How about you? What do you think is the most important principle behind Jay-Z’s success? Share it in the comments section below.

Featured photo credit: Huffington Post via i.huffpost.com

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Last Updated on August 7, 2018

10 Famous Failures to Success Stories That Will Inspire You to Carry On

10 Famous Failures to Success Stories That Will Inspire You to Carry On

Failure occurs everyday, in school, jobs, housework, and within families. It is unavoidable, irritating and causes pessimism.

While the thought of flinging your hands in the air and walking away is all too appealing, take a second to connect with the people who have been there and survived.

Here are 10 famous failures to success stories around the world that will inspire you to keep going and achieve greatness:

1. J.K. Rowling

J.K.-Rowling

    During a Harvard commencement speech, Harry Potter author J.K. Rowling outlined the importance and value of failure.[1]

    Why? Simply because she was once a failure too.

    A few short years after her graduation from college, her worst nightmares were realized. In her words,

    “I had failed on an epic scale. An exceptionally short-lived marriage had imploded, and I was jobless, a lone parent, and as poor as it is possible to be in modern Britain, without being homeless. The fears that my parents had had for me, and that I had had for myself, had both come to pass, and by every usual standard, I was the biggest failure I knew.”

    Coming out of this failure stronger and more determined was the key to her success.

    2. Steve Jobs

    steve-jobs-31

      The now revolutionary Apple started off with two men in a garage. Years later we all know it as a $2 billion company with over 4000 employees.

      Yet, almost unbelievably, Steve Jobs was fired from the very company he began.

      The dismissal made him realize that his passion for his work exceeded the disappointment of failure. Further ventures such as NeXT and Pixar eventually led Jobs back to the CEO position at AppleJobs said in 2005:

      “I didn’t see it then, but it turned out that getting fired from Apple was the best thing that could have ever happened to me.”

      Lost your job today? Keep kicking and you could be just like this guy!

      3. Bill Gates
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        Bill Gates was a Harvard dropout. He co-owned a business called Traf-O-Data, which was a true failure.[2]

        However, skill and a passion for computer programming turned this failure into the pioneer of famous software company Microsoft, and the then 31-year-old into the world’s youngest self-made billionaire.

        In his own words:

        “It’s fine to celebrate success but it is more important to heed the lessons of failure.”

        This isn’t to say that dropping out of Harvard will make you into a billionaire, but maybe that shiny degree isn’t worth as much as the drive and passion to succeed.

        4. Albert Einstein
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          The word ‘Einstein’ is associated with intelligence and synonymous with genius. Yet it is a famous fact that the pioneer of the theory of general relativity, Albert Einstein himself, could not speak fluently until the age of nine. His rebellious nature led to expulsion from school, and he was refused admittance to the Zurich Polytechnic School.

          His earlier setbacks did not stop him from winning the Nobel Prize in Physics in 1921. After all, he believed that:

          “Success is failure in progress.”

          To this day, his research has influenced various aspects of life including culture, religion, art, and even late night TV.

          Just because you haven’t achieved anything great yet, doesn’t mean you can’t be an Einstein yourself.

          5. Abraham Lincoln

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            Failing in business in 1831, suffering a nervous breakdown in 1836, defeated in his run for president in 1856, Abraham Lincoln was no stranger to rejection and failure. Rather than taking these signs as a motivation for surrender, he refused to stop trying his best.

            In this great man’s words:

            “My great concern is not whether you have failed, but whether you are content with your failure.”

            Lincoln was elected in 1861 as the 16th President of the United States of America.

            The amount of rejection you receive is not a defining factor. Success is still within your reach.

            6. Michael Jordan

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              “I’ve missed more than 9000 shots in my career. I’ve lost almost 300 games. 26 times, I’ve been trusted to take the game winning shot and missed. I’ve failed over and over and over again in my life. And that is why I succeed.”

              This quote by retired basketball legend Michael Jordan in a Nike advertisement speaks for itself.

              It would be an easy misconception that Jordan’s basketball skills revolve around natural talent. In fact, in his earlier years,  basketball coaches had trouble looking past the fact that Jordan didn’t reach the minimum height. It was years of effort, practice, and failure that made the star we know today.

              7. Steven Spielberg

              217307-steven-spielberg

                Regarded as one of the most influential filmmakers of all time, Steven Spielberg is a familiar household name. It is surprising to realize therefore that the genius behind Jaws and E.T. had poor grades in high school, getting him rejected from the University of Southern California three times.

                While he was in college, he caught the eye of executives at Universal, who signed him as a television director in 1969. This meant that he would not finish his college degree for another 33 years.

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                Perseverance and acceptance of failure is the key to success, after all.

                “Even though I get older, what I do never gets old, and that’s what I think keeps me hungry.”

                Bad grades in high school aside, there is no questioning the genius involved.

                To date, Spielberg has directed 51 films and has been awarded three Oscars.

                8. Walt Disney

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                  Mickey Mouse creator Walt Disney dropped out of school at a young age in a failed attempt at joining the army.[3] One of his earlier ventures, Laugh-o-Gram Studios, went bankrupt due to his lack of ability to run a successful business. He was once fired from a Missouri newspaper for “not being creative enough.”

                  Yet today, The genius behind Disney studios is responsible for generations of childhood memories and dreams. From Snow White to Frozen, Disney will continue to entertain the world for generations to come.

                  The logic behind this is simple:

                  “We don’t look backwards for very long. We keep moving forward, opening up new doors, and doing new things, because we’re curious… and curiosity keeps leading us down new paths.”

                  9. Vincent Van Gogh
                  vincent_van_gogh

                    During his lifetime, Vincent Van Gogh suffered mental illness, failed relationships, and committed suicide at the age of 37.

                    He only ever sold one painting in his life, pinning him a failure as an artist. However that did not put a damper on his enthusiasm and passion for art.

                    He would never know that years and years after his death he would become known as a key figure in the world of post-impressionism, and ultimately, one of the greatest artist that ever lived.

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                    He would never know that he became a hot topic in art classes and his image was going to be used in TV, books and other forms of popular culture.

                    In the words of this great, but tragic man:

                    “If you hear a voice within you say ‘you cannot paint,’ then by all means paint, and that voice will be silenced.”

                    10. Stephen King

                    01-Stephen-King-Rags-to-Riches-Celebs-1

                      As a paranoid, troubled child, tormented by nightmares and raised in poverty, it is no surprise that Stephen King grew up to the title: “Master of Horror”.[4]

                      An addiction to drugs and alcohol were his mechanisms to cope with the unhappiness he felt with his life. The frustration he felt towards multiple rejections by publishers in combination with illicit substances caused him to mentally contemplate violence towards his own children.

                      These intense emotions were those that he focused onto his writing. And that’s why he said:

                      “We make up horros to help us cope with the real ones.”

                      Writing became his new coping mechanism, and this is how the master author we know today grew to success.

                      Fail more often in order to succeed

                      Like Albert Einstein said, failure really is just success in progress. If you’d rather not to fail, you will probably never succeed.

                      Success comes from moments of frustrations when you’ll be most uncomfortable with. But after you’ve gone through all those bitter times, you’ll become stronger and you’ll get closer to success.

                      Don’t be afraid to fail. In fact, start failing, and start failing often; that’s how you will succeed.

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                      Featured photo credit: Unsplash via unsplash.com

                      Reference

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