50 Cent has revealed one of those “unwritten laws of business.”
The artist and entrepreneur took to the stage at Invest Fest in Atlanta, GA, and shared his unspoken rule in business: Never appear to need anything. He then clarified the thought process behind this surprising rule.
“One of the unwritten laws of business is to not appear to need anything,” he said during Invest Fest, according to HipHopDX. “Because everybody will do you a favor when you don’t need one. If they can expect a bigger favor in return or a favor from you at some later point, they’ll find the ability to just do it.”
He added: “That’s why when they tell me no, I go — if television say[s] they [are] going on strike, I say, ‘Okay, I’m on tour.’ That last tour [the Final Lap Tour], I did 103 shows. It’s the third-highest-grossing Hip-Hop tour ever.”
Although the saying “closed mouths don’t get fed” is commonly accepted, 50 Cent has succeeded in various ventures despite not adhering to this principle. While it is unclear what business areas he applies this mindset to, his track record of business success has led to his reported $40 million net worth.
As AFROTECH™ and Forbes previously mentioned, 50 Cent’s Sire Spirits cemented several multi-year partnerships with NBA teams, including the Sacramento Kings and Houston Rockets. Beyond the NBA, the spirits company has secured deals with the NHL’s Vegas Golden Knights and the NFL’s Saints in New Orleans, LA.
He has also reaped great success in entertainment as the co-creator and executive producer of the STARZ TV series “Power,” which led to spin-offs, including “Power Book II: Ghost,” “Power Book III: Raising Kanan,” and “Power Book IV: Force.”
Now, 50 Cent has opened a studio in Shreveport, LA, reportedly the second largest Black-owned studio behind Tyler Perry Studios.
“From the gritty narratives of the streets to the compelling stories that define our era, G-Unit has always been more than just entertainment; it’s a platform for voices that need to be heard, stories that need to be told,” 50 Cent told Billboard. “Bringing G-Unit Studios to Shreveport is not just a business decision; it’s a commitment to fostering talent, creating opportunities, and building a community that thrives through creativity and innovation.”
As AFROTECH™ previously reported, 50 Cent is receiving guidance from billionaire Tyler Perry, who self-funded his 330-acre studio that opened in Atlanta, GA, in 2008.
“I’m so proud of that man. He’s amazing, and he’s blowing it up out of the water. I’m super, super proud of him,” Perry said, per TMZ.
