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- Aug 2, 2008
At the end of the day... We all know this....... Anyone who has ever made music or dealt with anyone in music.... One of the first rules you learn is music is a BUSINESS....Hence why it is called the Music Business, Show Business, Music Industry..
It is Young Buck's fault, and his alone... For thinking people would wipe his @#@ for him...
No one put the gun to Buck's head telling him to buy expensive cars, expensive house, jewelry, none of it.
You are in charge of the money you make (knowing how much you make, how much you need to pay in taxes, how much your bills cost, and how much you spend)
Any simpleton knows how to count and know to spend less money than you earn, and put a percentage in the bank.
You can't feel sorry for a guy who has no idea how the music business works, when he wants to be a part of the music business.
Of course he got beat out of some money.. Every artist does.. Including 50... If it was such a big problem when he was boohooing on the phone with 50, he would have said where he thought he was owed....
Especially when you talk ill of the person who holds the contract you are obligated to fulfill.. What idiot does that? Especially when you know you are not the biggest cash cow in your company.
If I still make $8mil in revenue in 6 years... The government takes 35% (we all know the government takes taxes, except Young Buck who doesn't pay them)... I am left with $5mil in 6 years... That is still enough to be a "baller" and save your money..
Your taxes are what you make in the year... Should be the first money you set aside... Then bills, then save some.. Whatever is left over is what you spend on yourself..
It is called being a grown up...Knowing your responsibility, knowing your debts, and knowing what is going on in YOUR business.
It's admirable that he wanted to help the people around him succeed when he made it on... But you also need to realize your money is a limited commodity, and you must sacrifice what you get if you want to help others around you...
We can make excuses about shows, advances, albums, downloading, the IRS.. But there have been hundreds of example before Buck that we were well aware of... Why wasn't he?
People who don't understand business FTL.
It is Young Buck's fault, and his alone... For thinking people would wipe his @#@ for him...
No one put the gun to Buck's head telling him to buy expensive cars, expensive house, jewelry, none of it.
You are in charge of the money you make (knowing how much you make, how much you need to pay in taxes, how much your bills cost, and how much you spend)
Any simpleton knows how to count and know to spend less money than you earn, and put a percentage in the bank.
You can't feel sorry for a guy who has no idea how the music business works, when he wants to be a part of the music business.
Of course he got beat out of some money.. Every artist does.. Including 50... If it was such a big problem when he was boohooing on the phone with 50, he would have said where he thought he was owed....
Especially when you talk ill of the person who holds the contract you are obligated to fulfill.. What idiot does that? Especially when you know you are not the biggest cash cow in your company.
If I still make $8mil in revenue in 6 years... The government takes 35% (we all know the government takes taxes, except Young Buck who doesn't pay them)... I am left with $5mil in 6 years... That is still enough to be a "baller" and save your money..
Your taxes are what you make in the year... Should be the first money you set aside... Then bills, then save some.. Whatever is left over is what you spend on yourself..
It is called being a grown up...Knowing your responsibility, knowing your debts, and knowing what is going on in YOUR business.
It's admirable that he wanted to help the people around him succeed when he made it on... But you also need to realize your money is a limited commodity, and you must sacrifice what you get if you want to help others around you...
We can make excuses about shows, advances, albums, downloading, the IRS.. But there have been hundreds of example before Buck that we were well aware of... Why wasn't he?
People who don't understand business FTL.