December 29th 2023.
Snoop Dogg is no stranger to success. With an estimated net worth of $160 million, the rapper, actor, and entrepreneur has certainly come a long way. Snoop recently appeared on the “Business Untitled” podcast, where he explained how he achieved his business success.
He attributes much of his success to his willingness to learn from his mistakes. “I never try to do things that everybody else has done,” Snoop said. “I always do things that I do. It’s a certain gift that I have and a skill that I acquired from doing bad business. For many years of taking the wrong deal or, not looking over a contract or, just jumping into a situation, or using my name and likeness for the wrong reasons. Just becoming a better businessman and people around me that are smarter than me.”
Snoop even recalled a time when his accountant suggested filing for bankruptcy. But the perseverant rapper refused to give up. “It was times in my career where it got so bad where my accountant was like, ‘We should just do bankruptcy,’” he recalled. “And my pride got involved, like f—k that. If I say bankruptcy, then I look like I f—ked off everything.”
Snoop then went on to talk about the importance of teaching financial literacy in school, especially for Black youth. “You got these athletes, you teaching them how to run routes, how to dunk and slam, do interviews and convert into analysts after they’ve finished their career,” he said. “How about teaching them how to be businessmen at the end of their career?”
Snoop Dogg is an inspiration to many, showing us that it is possible to succeed despite our mistakes. His drive and determination to succeed is something we can all learn from.
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