People are still taking the dinner with Jay-Z over $50K

[Jalether]

fukking idiots we about to fall into a middle of an economic depression and they want dinner with that dikkriding fakkit who only wants attention... what knowledge you think he's gonna drop on you??? GIVE ME THE 50K!!!!

Not 50k worth of knowledge that's for sure.

And considering jay z networth,that 50k to him is like $5 dollars to the average man so it will be like getting advice from an average joe for $5

 

[GoAggieGo.]

Give me the 50k. I’m just a “9-5’er”

 

[King]

I’d say this only works if someone had a unique skill or trade

Like if you were a concert musician or fashion designer you could probably leverage the meeting into contract work for Jay Z or his subsidiaries - which could potentially take you further than 50k

 

[pete clemenza]

On any level Jay-Z isn't interested in you until you prove other people like you first.

Probably look at you like

That's how a lot of the industry gets down. You always needed a co-sign from somebody that they respected or at least knew their shyt. That used to go for rappers, beatmakers, promotional types, etc. Nine times out of ten it was never a cold approach and blam just like that you're in the game and buddy buddy with A & B level people. The co-sign/referral was everything on the music side of things. It was a ton of funny games back in the day. I'm sure some of them still apply and exist.

 

[Guvnor]

I'd still take the meeting. You should be making at least 50k in a year but Jay got some jewels he could offer you or could even put you in position to make more than that if you use the meeting to your advantage and he see's your hungry. Think people, think!

 

[$cam-U-Well_Jack$on]

People are idiots.

 

[CodeBlaMeVi]

true born and bred hustlers only respect other hustlers.
you can never be respected as a peer and are most likely to be swindled for your efforts by said hustler you hoped to be mentored by. They will see you as a sucker who didnt make his bones.
Just another muthafukka full of wide eyed idealism and aimless ambition who thinks being "hungry" is enough to impress these business types. If you were it would show.

take the 50K, and put it away until you come up with a sound business ideal that warrants investing it.

You're still going back to you regular ass 9-5 with either scenario, might as well have 50K in seed money for your efforts

not saying a meeting with can never be fruitful, but you're gonna have to have something tangible to bring to the table other than "potential"

anybody thinking Jay or nikkas in his position are going to take you under his wings out of the kindness of his heart or your "potential" like this is some feel good oscar nominated movie
will be walking to brooklyn for cheesecake in no time.

Edit: If successful business types reach out to YOU for networking purposes, you should take it, because they already have an interest in you

My lady and I were laughing about this last night. I said “the only advice Jay Z gon’ give is...should’ve took the $50k and flipped that.”

 

[Silkk]

I'd still take the meeting. You should be making at least 50k in a year but Jay got some jewels he could offer you or could even put you in position to make more than that if you use the meeting to your advantage and he see's your hungry. Think people, think!

Negged

 

[Dwolf]

Always take the money

 

[Trojan 24]

Y'all 9-5ers are


Give me the dinner, after about 10 minutes Jay going to put his name on the line and put in a referral in for me to cash out. I'ma be on my Tupac in a business suit shyt too so I'm thinking he may hook me up with one of Beyonce's cousin so we can be family

 

[winb83]

I’d take the $50,000. I can invest that in my stock portfolio right now and make dividends on it. I don’t see Jay-Z as having anything to say that’s gonna teach me how to increase the value of that money.

 

[MasterOfAllHeSurveyz]

Another post about how easy it would be to be a millionaire from 50k lol. Cute

Punch the numbers in yourself. You won't get rich in a year, or even a few decades, but they'll be a more than nice nest egg at the end of the race.

S&P 500 Reinvestment and Dollar Cost Averaging Calculator - DQYDJ

For example, do you smoke? If you do, just cutting back your habit by a third, if you smoke a pack a day, will give you $75/month to invest (based on the price of a pack of cigarettes in NC @ $7.45).

Robinhood and M1 only require $100 to open an account and they do fractional shares. This isn't like the old days of where you had to save up the entire scratch to buy a share. You can buy pieces of SPY, an ETF that follows the S&P500, which is currently at $324 a share. You can buy a piece of it every month at a dollar amount you set. Heck, you don't even have to pay fees anymore for most trades on most stocks and ETFs/indexes.

Now imagine, giving your grandchildren a head start ($350K) in life that you can pass to them.

 

[Guess Who]

$50k is not that much money...

I’m def taking the dinner with Jay-Z. Even if he doesn’t drop any jewels, there’s a lot to be learned from seeing how people in his position move and conduct themselves. You don’t take that dinner to get advice or be put on, you take that dinner to observe and learn from that person’s habits and perspectives.

 

[MikelArteta]

$50k is not that much money...

you the homie but

the the coil dot com

 

[winb83]

$50k is not that much money...

I’m def taking the dinner with Jay-Z. Even if he doesn’t drop any jewels, there’s a lot to be learned from seeing how people in his position move and conduct themselves. You don’t take that dinner to get advice or be put on, you take that dinner to observe and learn from that person’s habits and perspectives.

The primary reason for Jay-Z’s success is talent. Not saying he hasn’t made great moves since but there’s very limited learning from someone who was driven to success by talent. In 30 years if you simply invested that $50,000 in an index fund that tracks the S&P 500 and never touched it again that’s half a million dollars with average return rates.

If you can make it 39 years never touching that, just set it and forget it that’s a million pre-tax. Capital gains will take some of that but leave you close.