There is no debate that the Notorious B.I.G. was one of the
best rappers ever, captivating and energizing worldwide audiences with his
honey-smooth flow of shockingly raw lyrics. Unfortunately, he was a victim of
the East Coast-West Coast beef, shot to death in 1997 as a young man and artist
just reaching his prime at 25. But the musical legacy Big Poppa left us still
endures, and he’s widely known as one of the top three rappers of all time, if
not the best.
We all know him as a rap prodigy, street poet, musical
vanguard, neighborhood poet and even part time drug dealer, but Biggie Smalls
was a genius businessman?
I been in this game
for years, it made me a animal
It's rules to this
shit, I wrote me a manual
A step by step booklet
for you to get
your game on track,
not your wig pushed back
He sure was if we look closely at the lyrics of his song, Ten Crack Commandments. In it, Biggie
spits flow about the ten fundamental rules of dealing crack in his native
Brooklyn, or anywhere. While on face value it seems he’s just laying out base
street knowledge how to illegally vend a controlled narcotic, his advice is
actually apropos to any business or product. In fact, suits in the boardroom
and investors on Wall Street will find his advice just as prudent.
Let’s break down the genius business lessons of Biggie’s 10 Crack Commandments:
Rule numero uno: never
let no one know
how much, dough you
hold, cause you know
The cheddar breed
jealousy 'specially
if that man fucked up,
get your ass stuck up
Lesson:
Nothing good can come out of people knowing how much money
you’re making or your financial position. Too much and you’ll incite jealousy,
envy and become a target. Too little and people will perceive you as weak or
unsuccessful. Always keep your financials close to the vest.
Number two: Never let em know your next move
Don't you know bad boys
move in silence or violence
Lesson:
Always keep your opponents guessing. Don’t talk too much or
reveal your strategies, desires, or plans. In business, action should be your
only language.
Number three: Never trust no-bo-dy
Your moms'll set that
ass up, properly gassed up
Lesson:
Simply and plain, don’t trust anyone. Of course you can
still take on business partners, team up with people, and form alliances, but
everyone looks out for themselves in business. Even your best friend – or your
own mother- has a price where loyalty goes out the window, so don’t ever let
your guard down and fully trust someone.
Number four: Know you
heard this before
Never get high, on
your own supply
Lesson:
Don’t over invest in your own product, or one product at
all. Always diversify to keep a balanced portfolio so you’ll be able to profit
in the good times but won’t be wiped out when things crash. And never get
emotional or become too excited about your own commodity.
Number five: never
sell no crack where you rest at
I don't care if they
want an ounce, tell ‘em bounce
Separate your personal and private life exclusively. This
advice applies to your physical space, privacy, and also your time and energy.
If you’re doing business, then it’s all business. If you’re not, then you won’t
touch business.
Number six: that god damn credit, dead it
You think a crackhead payin you back, shit forget it
People who want to borrow money from you do so for only one
reason: because they don’t have the money to pay you back. It can be tempting to extend credit because we
all have a desire for profit, but it rarely works out. Move on to paying
customers and keep it simple.
Seven: this rule is so
underrated
Keep your family and
business completely separated
Don’t do business with family. You’ll usually enter into
business arrangements with family because of familiarity, comfort, convenience,
and a sense of trust, not because it’s the smartest business decision. But all
sorts of lines get blurred and expectations violated when money and business
mix with familia, so don’t do it!
Number eight: never
keep no weight on you
Them cats that squeeze
your guns can hold jobs too
Lesson:
This is Biggie’s lesson in reducing liability. Take
reasonable precautions, slow down and make sure you do things right, and always
plan to minimize risk. Remember that it’s not how much you make but how much
you keep – and how long you stay in business – that really counts.
Number nine shoulda
been number one to me
If you ain't gettin
bags stay the fuck from police (uh-huh)
If [ninjas] think you
snitchin ain't tryin listen
They be sittin in your
kitchen, waitin to start hittin
Lesson:
Be careful who you talk to and are seen with. Even
perceptions are very important in maintaining and elevating your business
brand. Don’t do entertain business deals with snakes or people with a bad
reputation, or you might be guilty by association. Biggie knew that not all
money is good money!
Number ten: a strong
word called consignment
Strictly for live men,
not for freshmen
If you ain't got the
clientele say hell no
Cause they gonna want
they money rain sleet hail snow
Lesson:
Don’t over extend yourself in any business deal, or
essentially write checks that you’re not positive you can cash. Also, don’t let
a client or business partner get too indebted to you before righting the
accounting.
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