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Takeaway #19: Equity and Alliances. Inspired by Special Ed

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I got . .. An accountant to account the amount I spent

gotta treaty with Tahiti cuz I own a percent . . .

 I’m not a trader

if what you got is greater I’ll trade

but maybe later cuz my waiter made potato -n- alligator soufflé–

I got it made.

 

Special Ed        (I Got It Made ♦ Youngest In Charge)

Oh my, he “makes fresh rhymes daily.  You burn me, really?”….Special Ed echoes the value investing strategy here as, but there is more bang for the buck BPM thinks.  The art of the deal is on stage and BPM likes the techniques spun on Technics-1200 here.  Special Ed has a great negotiation team — including the accountant to crunch the numbers.  He makes sure that he gets a piece of equity or backend participation with his owned “percent”.  His philosophy is not casual trading for the sake of being a short term investor, but only if you make sure he is showing “greater” value on that deal.  It’s all about the ROI.  No trading for the sake of getting the shiniest new asset here – no vanity deal.

The treaty reminds us that a joint venture or strategic alliance can be critical in taking your enterprise to the next level.  It may be a supply chain deal, or business process outsourcing.  It does not have to be a vast international deal, but think partners.  You don’t need to do all the work internally or yourself.  People are specialists for a reason.  Use the better resource.  Partnerships are great.  And for paranoid lawyers, make sure you do not cross the line into some conjured up notions of price collusion and anti-competitive behavior.

BPM TAKEAWAY#19:

  • GET A PIECE OF EQUITY

  • STRATEGIZE AND ALLY

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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

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