Marketing Lesson: Kanye West is Genius for Announcing He’s Running for President in 2020

Yeezus strikes again. While giving his acceptance speech for the Video Vanguard Award at the 2015 MTV VMAs, Kanye West announced that he will be running for president in 2020. I guess being our lord and savior wasn’t enough. Hey, if Donald Trump can do it, why can’t he?

All jokes aside, I’d have to say this is another classic example of Kanye as a marketing and branding genius. Some might say he’s absolutely insane ( and I don’t disagree), but there is a method to his madness. All of his crazy antics catapulted him to a level of success most of us can’t even dream of. There is no doubt that Kanye is ridiculously talented, but what really translated his talent into dollars was this:

1.) He created a brand that was authentic and true to his personality

2.) He created a persona that you either loved or loved to hate

3.) He expanded his brand beyond music

4.) He wasn’t scared to look ridiculous or fail in front of millions of people

One of the most important factors to the success of any business or brand is to give it a personal quality that people can relate to. If you can make people feel something, you’re already ten steps ahead of a million businesses trying to get off the ground. Kanye did just that. We can all debate on whether we should shake Yeezy’s hand or punch of him in the face. I say do neither. Take that same hand, grab a pen, and start taking notes.

Thanks to Complex you can read the full transcript of the Kanye’s acceptance speech below:

“Bro, bro, listen to the kids. Jeremy, I gotta put it down for a second. First of all, thank you Taylor for being so gracious and giving me this award this evening. Thank you. And I often think back to the first day I met you also. I think about when I’m in the grocery store with my daughter and I have a really great conversation about fresh juice at the… you know. And at the end they say, “Oh you’re not that bad after all. And like, I think about it sometimes it crosses my mind a little bit when I go to a baseball game and 60,000 people boo me. It crosses my mind a little bit.

And I think if i had to do it all again—what would I have done? Would I have worn a leather shirt? Would I have drank half a bottle of Hennessy and given the rest of it to the audience? Y’all know you drank that bottle, too. If I had a daughter at that time would I have went on stage and grabbed the mic from someone else’s? You know, this arena tomorrow is gonna be a completely different set up—some concert… This stage will be gone. After that night, the stage was gone but the effect that it had on people remained.

The problem was the contradiction. The contradiction is that I do fight for artists but in that fight, somehow, was disrespectful to artists. I didn’t know how to say the right thing, the perfect thing, I sat at the Grammys and saw Justin Timberlake and CeeLo Green lose. Gnarls Barkley and the [FutureSex/LoveSound] album, and bro, Justin I’m not trying to put you on blast but I saw that man in tears, bro. And I was thinking he deserved to win album of the year. And the small box that we are of entertainers of the evening, how could you explain that?

Sometimes I feel like you know all this shit they run about beef and all that, sometimes I feel like I died for the artist’s opinion, for the artist to have an opinion after they got successful. I’m not no politician bro, and look at that. You know how many times MTV ran that footage again? Because it got more ratings? Do you know how many times they announced Taylor was gonna give me this award? Because it got more ratings?

Listen to the kids, bro.

I still don’t understand award shows. I don’t understand how they get five people who work their entire life one sell records, sell concert tickets to come stand on a carpet and for the first time in they life be judged on a chopping block and have the opportunity to be considered a loser. I don’t understand it bro. I do not understand when the biggest album or the biggest video I don’t understand. I’ve been conflicted bro. I just wanted people to like me more. But fuck that, bro. 2015. I will die for the art for what I believe in and the art ain’t always gonna be polite. Y’all might be thinking right now, “I wonder did he smoke something before he came out here?” And the answer is yes, I rolled up a little something, I knocked the edge off. I don’t know what’s gonna happen tonight what’s gonna happen tomorrow bro but all I can say to my artists is just worry about how you feel at the time. I’m confident I believe in myself. We the millenials bro. This is a new mentality. We’re not gonna control our kids with brands. We’re not gonna tech low self esteem and hate to our kids. We’re gonna teach our kids that they can be something. that they can stand up for themselves. To believe in themselves and if my grandfather was here right now, he would not let me back down.

I don’t know what I’m finna lose after this it don’t matter though because it ain’t about me, it’s about new ideas bro people with ideas people who believe in truth. and yes, as you probably could’ve guessed by this moment I have decided in 2020 to run for president.”

Electronic producer, Kaskade who recently made it to Forbes list of 2015’s highest paid DJ’s, recently released his latest single “We Don’t Stop”. The song comes from his upcoming album Automatic out some time this year.

Top List of Highest Paid DJ’s For 2015

 

forbes-ranks-the-highest-paid-djs-of-2015-01

 

 

 

Forbes just revealed their 2015 list of the highest paid DJ’s in the world. It’s no surprise that Calvin Harris has taken the throne at #1 after releasing his chart-topping album Motion at the end of last year.

 

Good Lord that’s a lot of money.

 

Screen Shot 2015-08-27 at 11.00.51 AM

Business Move: Chris Brown Owns 14 Burger King Franchises

Finally.  I’ve been waiting to hear some news about Chris Brown that isn’t cringeworthy.  Apparently Brown has been making moves behind the scenes besides getting into trouble. According to an US Weekly article entitled “25 Things You Don’t Know About Me”, Brown revealed that he owns 14 Burger King restaurants.

According to Burger King‘s corporate website, to qualify as a franchisee for the fast food chain, an individual must have a net worth of at least $1.5 million and have $500,000 in liquid assets. It takes an average of $1.2 million to $2.2 million to develop a BK location depending on where it’s located, its size and building code requirements. It also costs $50,000 to purchase a 20-year franchise agreement with the company.

But that’s nothing to a boss.

Added bonus from the US Weekly article? Chris is a fan of Sango. If you don’t know his music check out his soundcloud.

There’s no need to go over Denzel Washington’s resume to know that when he speaks you should listen. I had to share this video of Washington providing life changing words to young actors. He talks about the power of knowing and visualizing your end goal before you reach it. It is a hard concept to wrap your brain around, but is a powerful one. Although he’s in entertainment this message applies to anyone in any industry, with any passion.

 

“True desire in the heart for anything GOOD is God’s proof to you sent BEFOREHAND to indicate that it is yours already…Claim it.” -Denzel Washington-

A Business Lesson From Ice Cube in “Straight Outta Compton”

After watching “Straight Outta Compton”, there’s no doubt you’ll leave feeling like you can take over the world. Dre and Eazy-E were definitely vital assets to the group, but Ice Cube’s story resonated with me on a different level. I’ve always respected Cube as an artist, but the movie shed light on him as a businessman and a person. *Spoiler Alert*  if you haven’t seen the movie you may want to stop reading at this point.

In NWA’s early beginnings, Cube (played by his son O’Shea Jackson II) started out as a ghost writer for the group, but his strong persona garnered him a lot of attention from the masses as time time went on. He continued to write and make appearances on tour with the group without solidifying a contractual agreement with Ruthless Records (Eazy-E’s label). He learned a hard lesson early on about the importance of not putting off the uncomfortable conversation of contracts, when his manager eventually offered him a deal that did not measure up to his contribution to the group. The most respectable scene in the movie was when he walked away from a $75,000 check and the lie that “that’s the best he was going to get”. He knew his worth and his vision went far beyond the deal that was offered to him that day. He went on to start his own record label with countless successful records, a movie production company, and played a huge part in cult classics like Friday and Boyz in the Hood. He also showed how far you can get with little to no resources when you focus on what you excel at and keep moving forward without the ones that hold you back.

 

As an entrepreneur with little resources, I can relate to Cube and I admire him for walking away from the deal. If you are an entrepreneur and don’t have the luxury of affording a lawyer to draft up contracts for you, I would recommend using  Cooley Go to help simplify the process. It’s a do-it-yourself platform that provides free information and guidance to help you do business the right way.