August 16th 2023.
Yo Gotti is known for being a hip-hop artist, but his entrepreneurial spirit has enabled him to venture into other fields such as real estate. Unfortunately, this almost ended in disaster. As it turns out, Gotti had purchased 15 homes over the years, but didn't realize he was required to pay property taxes on them.
In his own words, "I didn't even know you had to pay property taxes on a house that you'd paid cash for." Gotti was lucky enough to learn from this mistake and gain the knowledge he needed to keep his properties. This same determination and drive is evident in the way he runs his record label, CMG.
In a recent interview with GQ magazine, Gotti spoke about his involvement in the label and how he is always trying to help out where needed. He said, "I'm involved in every aspect. I try to be involved in everything unless they don't want me to be involved, in which case I respect that. But when it comes to the album process, the marketing process, I'm in it, I'm 200 percent in it, across the board."
Gotti's hustle and willingness to learn are what have helped him to make successful business moves and sustain himself. He said, "I think my biggest attribute is just my hustle. You're just not going to outwork me. It's not even good in certain instances—I don't go to sleep, I stay up longer than I should. When I'm in a campaign, and I'm working, sometimes I don't go to sleep for days because I'm trying to put the plan together. I take it seriously; it's my passion. I'm also a learner. I believe in change. I'm always looking for what's new instead of trying to do the same shit over and over again."
It's thanks to these qualities that Gotti was able to save his 15 homes. His entrepreneurial spirit and drive have enabled him to be successful in both his music and business endeavors. Yo Gotti is certainly an inspiration for those looking to make it big.
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