Ryan Leslie @ryanleslie
Grammy nominated recording artist • Multi-platinum music producer • Founder @SuperPhone • Running the #1 investment mentorship program • Text me anytime wplan.co/quiz New York, NY Joined January 2009-
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BUY OR STREAM “R&B .. @TheRealTank
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11K Followers 3K Following music artist and visual creative - tweeting for myself, AT myself, nine times outta ten — i. love: IN THE MOST BEAUTIFUL WAY - Out Now #itmbwnotmBig Tigger @BigTiggerShow
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7 Followers 27 FollowingBUY OR STREAM “R&B .. @TheRealTank
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125K Followers 421 Following just a multi-platinum producer/ label owner / MAYC #5697BeatStars @BeatStars
311K Followers 3K Following 🎧 8 mill+ beats, hooks, sound kits & services 🌍 10 mill+ music creators 💰 $300 mill+ paid to community 👑 Pioneers since 2008💵 $16.9k+ for the month (to date) in verified profit after a record $82k+ in September for one of our WealthPlan™ Elite club members. Here's how →
In January, a busy professional looking to earn an extra $4k per month asked me to mentor them as they got started in the financial markets. This past week, they've averaged an extra $4k per day. Here's how:
The reset we were all waiting for. A new @ryanleslie album is on the way hiphop-n-more.com/2023/06/ryan-l…
@naval That's a wrap! If you enjoyed this thread: 1. Follow me @NEMcCartney for more of these 2. RT the tweet below to share this thread with your audience 3. Subscribe to my free newsletter The Bag - link in bio
Wealth vs Status games in the music industry. Anyone who isn’t familiar with @naval thoughts on “How to get rich without getting lucky” needs to read his tweet thread immediately. The game is played daily and whether or not you know it, you are in it. A Thread 👇
The intention here was to inspire. Every time I read @naval thoughts on this subject, I’m ready to build. For myself, and my crew. And I hope you are too.
Jay-Z is the best at this because he plays wealth games that look like status games. He does a bunch of great business deals and then raps about them which reaffirms his place in the social hierarchy.
“If every _____ in your clique is rich, your clique is rugged Nobody will fall 'cause everyone will be each others crutches..” ~ Jay-Z
You need to have a crew. Like minded people that are in it for the long run. @lyorcohen Julie Greenwald, and @KevinLiles1 have been working together and looking out for one another for 25+ years. Once you have a crew, make sure you have each other’s backs.
He was interested in equity, not lending his brand to others for a check. It takes time and dedication but it’s worth it if you can execute.
That’s not the only path though. If you are an artist that knows how to build and sell, there are potentially even bigger rewards. @NipseyHussle was firm in his intention. He believed in building the asset from the ground up and then monetizing.
Who has the best relationships with and knowledge about brands? @SteveStoute There’s a reason why @unitedmasters is valued at > $550M. Helping these creators breakthrough is extremely valuable and brands play a part in that.
Brands are looking to work with artists. Consumers are looking for authenticity. Someone has to build the pipes to help these artists raise their profiles and share their talents so they can be discovered.
But that doesn’t mean that there aren’t any challenges to actually break through. As @benthompson highlights in his newsletter, @stratechery “in a world of scarcity distribution was the most valuable; in a world of abundance it is discovery that matters most.”
Additionally, streaming has minimized the costs of distribution. Artists no longer have to worry about getting on the shelves at Best Buy and then staying on them. Consumers can visit their catalogs in seconds and they can be continuously earning money while they sleep.
It’s a strong alternative asset that should continue to appreciate as more platforms, experiences, and new technologies mature. There is a reason why Blackstone, Blackrock, Apollo, Elliott Mgmt and the Carlyle Group are pouring tons of money into music IP acquisition companies.
He’s building his own asset and doing a damn good job at it, instead of being an asset for someone else’s company. When he liquidates, best believe that the payday will be better than an executive salary.
Sir Lucian Grainge got UMG to an IPO and his compensation for the year of 2021 was $300M. There’s a reason why Elliot Grainge, the son of the man running the most valuable music company in the world has his own label versus being an executive at someone else’s.
They worked together, built an asset up that makes money while they sleep, and they all have done extremely well financially.