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Takeaway #137: equity or service fees? via #Chamillionaire

 …Hear you talking ’bout your hustles, ain’t no profit there

Hear you talking ’bout your deal, that ain’t profit square

Y’all get lil’ royalties, I get profit share

Chamillionaire Hero

Takeaway 137: All we want to know is are you getting equity today or just a service fee?  Are you filing schedules or waiting on your W-2?

About codemizell

The Beats Per Management collective (“The BPM”) is curator for C.O.D.E Mizell and supports the repurposing of hip hop content for professional success. BPM consists of former Hip Hop junkies now living in the corporate world. BPM members carried milk crates of 12” records when “bpm” used to mean beats-per-minute for mixing music, now BPM members focus on Excel spreadsheets, legal briefs, power points, whiteboard-scribbling and business plans. BPM cannot shake the instant recall of Hip Hop lyrics. The good news is that BPM realized that these lyrics had application to its daily management concerns. BPM does not claim to have captured the true artist intent in its lyrical analysis, BPM seeks only to celebrate the role that hype-lyrics can play in the daily grind to get business done in the corporate world. This is not a glorification of urban pop-culture or a debate on the poetic merits of rap, we leave that to the literary critics and socio-political commentators. If you disagree with BPM send us your spin on the lyrics. We have an open mind, and hope you do. The “BPM Takeaways” dispense reminders for your business day. Hopefully, the next time a referenced-cut is heard on the radio, it will trigger your “Takeaway” and not just flashbacks to the music video. A quote-a-day will make you a better executive. BPM hopes to keep all advice short and to the point – Executive Summary Style. Technically the lyrics are “raps” and the culture of the genre is “hip hop” but lets not get overly technical -- substance not form that controls here. The point is you are putting that untapped knowledge to use. And to think they said that Hip-Hop would get you nowhere…puhhleasse. -Roscoe Waxx for BPM

2 responses to “Takeaway #137: equity or service fees? via #Chamillionaire

  1. Ok. You nailed this one. I am NOT down with the “service fee.” Been there, done that.

    Interesting, the hostility of rap — it’s edginess — is the energy that takes you from the relative complacency of the “service fee” to the riskiness (?) of getting the equity share. This is not apparent in swing, where the tension is neutralized. Literally and so by definition, the attainment of equilibrium means forces have been neutralized (physics). Hmm. But once the equity share is attained, is the goal: continued acquisition (transference here with short/long-term corporate strategy but also assessments as in educational testing, evaluating schools, teachers, etc.); maintaining a condition of zero acceleration/equilibrium; avoiding negative acceleration; or, something else? Good argument to be made for the “winner” being the outcome that achieves longevity (or I guess the most money/assets, or basic survival). So, it depends on the goal. Hmm. Ok… thinking…

    Hey, my HBR article is in the hands of my editor… stay tuned… it’s on listening…

  2. Thanks for checking us out….Looking forward to the HBR-piece…

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