This deal is important because its not about me, its about what this means for the collective SA Music community, the music ecosystem, its about changing the narrative from what was a highly exploitative system, to one of renewal and fairness.
With Gallo as one of the greatest music company’s in the world, we can start to build a new equitable African Music narrative, in an environment where the artist thrives.
I’m honoured to announce that my investment company @FlightModeSA has officially acquired a stake in Gallo Music Group, as a part of a newly signed equity deal, I am now one of the major shareholders of this incredible piece of South African Music culture and history.
“I'm just a DJ, I don't have all the answers,as South Africa, we need to have a 'family meeting', to discuss who are we...Not who we were told we are/were....As a country, what are we good at? What do we have to offer the world “... reasons for investment by global investors.
If you find yourself giving advice to an early stage startup - please remember that all the best tactical advice won’t matter if the founders lose faith in themselves.
And finally convincing yourself that you cannot make something large and positively impactful in the world. Many talented people with good ideas convince themselves of the opposite.
You are personally responsible for developing methods to destress (coaches / therapists / cofounders / friends /a significant other can be very helpful).
Another error is not acknowledging upfront how rare success is and how hard it will be to accomplish. Please expect to feel bad a lot and deal with a lot of failure. Don’t believe the startup hype.
Another error is giving into imposter syndrome. Not realizing that pre-product market fit everyone is struggling to simply survive - no matter their traffic, revenue, famous investors, or cash on hand.
In startups even the smart and motivated fail very often. There is a lot of timing, luck, speed, and original thinking required to make a company successful.
One of the biggest errors they make is over relying on the opinions/actions of their peer group. In most jobs if you surround yourself with smart motivated people and you act similarly to them you’ll succeed.
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