Is Jay Z Really A Good Business Man??

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 7 years ago '10        #1
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AriGold 173 heat pts173
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Is Jay Z Really A Good Business Man??
 

 
People always want to jump on this guys nuts when he buys a company but a lot of people don't talk about his bad investments.

Let's think about it.

Who negotiated the Rocawear deal? Dame

Who negotiated the Rocafella Records deal? Dame

Who was the person that was in all the meetings making sure all the artists got taken care of? Dame

Who did Kanye West say was the only person that believed in him and wanted to put an album out? Dame

Jay Z is similar to Michael Jordan. Their great at what they do and they get business opportunities presented to them because they are so good at what they do.
However, as far as being a business man...I think Jay is terrible.
He signed Rihanna which was a great move but he also signed Tierra Marie, Tru Life, Uncle Murda, Willow Smith and God knows who else. It k!lls me when people give him credit for signing Kanye when Dame was actually the one.

I mean, just look how much Beyonce fell off now that she's being managed by Jay and not her father. This last album she put out has pretty much come and went. Compare Beys album she just dropped to all of her other albums. She had classic songs on her other albums...If I Was A Boy, Put A Ring On It, Irreplaceable, Naughty Girl, Ring The Alarm, If I Were A Boy, Diva, Deja Vu....the list goes on. Are we going to add Girls Run The World to that list? image

Jay is rich and he's a legend!! He needs to stick to rapping.

Take a look at this...

* Two Manhattan hotel development projects, one in Chelsea and the other in the Meatpacking District, fizzled out this year, costing Jay-Z and a company he controls about $50 million.

* His almost 7-year-old 40/40 Club franchise, while still successful overall, has taken a few lumps as the 80,000-square-foot Las Vegas edition, with its 80-plus plasma TVs, was closed in late 2008 after just eight months in business — a victim of low attendance. Plus, a Chicago club, first expected to debut in 2009, is still not open.

* In March, he walked away from a reported $2 million investment in the Aqueduct Entertainment Group, an entity selected to develop a “racino” at Aqueduct Racetrack. He bailed after federal and state authorities started to investigate potential corruption in the selection process.

* An investment alongside Will Smith and Jada Pinkett Smith​ in “Fela!”, the critically acclaimed Broadway musical, has yet to turn a profit — but it could, theater-watchers say, especially if Jay-Z starts getting out in front of it and markets it the way Elton John​ is always promoting his 2008 hit “Billy Elliott.”

* Plus, there is his 1.5 percent stake in the New Jersey Nets​ which has performed as poorly as the team since he bought it in 2004. Jay-Z was among the group that purchased the team for $300 million — but it’s now worth $269 million, a drop of 10 percent. Jay-Z could have done better putting the cash into a mutual fund that tracked the sickly S&P 500 Index — which is up 7.6 percent, not counting dividends, over the same period.

200 comments for "Is Jay Z Really A Good Business Man??"

 7 years ago '10        #2
AriGold 173 heat pts173 OP
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I forgot about that Artful Dodger bullsh*t he purchased also.

Damn, people give this guy a pass all the time.
 08-03-2011, 12:19 PM         #3
Satire 
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I'm always saying Jay can't do sh*t right without Dame. But he still getting money nonetheless. Despite his bad investments.
 7 years ago '10        #4
AriGold 173 heat pts173 OP
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 Satire said:
I'm always saying Jay can't do sh*t right without Dame. But he still getting money nonetheless. Despite his bad investments.
True indeed. He getting money and you can never hate on him for that.

The question to answer is Jay a good business man?
Same thing with Jordan. In the front office of the Wizards he sucked. In the front office of the Bobcats..so far he's sucked.

It's a legit question.
 7 years ago '08        #5
Eagles All Day 97 heat pts97
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You're clearly upset.
 7 years ago '07        #6
clipse_designz 
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Yea he's a awful business man, hmmmm
he's worth about half a billie though

work that one out...
 7 years ago '11        #7
HipHop Since 93 11 heat pts11
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He buys sh*t and doesnt promote it
 08-03-2011, 12:28 PM         #8
DOCTOR TEETH 
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what's the story with moving the nets to brooklyn
 7 years ago '10        #9
AriGold 173 heat pts173 OP
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 FaceTheGawd said:
You're clearly upset.
We ignore Raiders fans around these parts....
 7 years ago '10        #10
AriGold 173 heat pts173 OP
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 Sticks said:
This.

Jay-Z was richer than Mike before his divorce.
and......what does that mean exactly?

I'll wait.....
 7 years ago '09        #11
ShadyVsEminem 248 heat pts248
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If you are worth 400-500mil you are doing something right even if he is getting advice off others
People advise him but its he who puts his own money in and plenty of investers have advisers im sure


Last edited by ShadyVsEminem; 08-03-2011 at 12:35 PM..
 7 years ago '07        #12
Damagegadget 493 heat pts493
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un loyal - turn they back on ya.. self serving snake.. yes he is
 7 years ago '10        #13
AriGold 173 heat pts173 OP
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 DOCTOR TEETH said:
what's the story with moving the nets to brooklyn
Oh you mean, the team he owns 1.5% of?

I wonder how much $$ he been losing with them? If you ever been to their games (which I doubt) their games are never sold out. NEVER!!!

When was the last time you heard him even talk about the Nets?
Watch when D Williams leaves them
 7 years ago '08        #14
Eagles All Day 97 heat pts97
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 DVJ78 said:
We ignore Raiders fans around these parts....


Damn, you're fu*kin stupid.
 7 years ago '10        #15
AriGold 173 heat pts173 OP
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 ShadyVsEminem said:
If you are worth 400-500mil you are doing something right
Please give me an example of one of his great investments.

40/40 got shut down and now he's opening them up in airports?

Nets?

What investment did he do on his own like 50 cent did Vitamin water or like Diddy did with Ciroc?
 7 years ago '10        #16
AriGold 173 heat pts173 OP
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 FaceTheGawd said:


Damn, you're fu*kin stupid.
Thanks
 7 years ago '09        #17
ShadyVsEminem 248 heat pts248
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 DVJ78 said:
Please give me an example of one of his great investments.

40/40 got shut down and now he's opening them up in airports?

Nets?

What investment did he do on his own like 50 cent did Vitamin water or like Diddy did with Ciroc?
I dont know or care im just saying he is one of the richest people in rap so if he isnt making the decisions he has obviously trusted someone with his money that knows what he is at
 7 years ago '06        #18
marcusaka50 59 heat pts59
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he has half billie in the bank he is a great businessman. when you are a business man you have to gamble and sometimes you are successful with one business and fail on the other.

nobody goes through life without failing in something no matter how rich you are.

i know rappers act like they dont but who is going to talk about their failures.
 7 years ago '10        #19
AriGold 173 heat pts173 OP
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 marcusaka50 said:
he has half billie in the bank he is a great businessman. when you are a business man you have to gamble and sometimes you are successful with one business and fail on the other.

nobody goes through life without failing in something no matter how rich you are.

i know rappers act like they dont but who is going to talk about their failures.
Give me an example of one of his successful investments please.
 7 years ago '10        #20
AriGold 173 heat pts173 OP
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 D.S.O.M. said:
you really think Jay-z manages Beyonce??? thats was a bunch of nicolebi*chie gossip


also you forgot to mention the 40/40 clubs and endorsement deals with Budweiser, Hewlett-Packard,and General Motors.
If you read what I wrote, you would see I mentioned the 40/40 clubs. The one in Vegas got shut down and the one in NY may as well get shut down because nobody here goes to it.

Budweiser was a sponsor for his album Kingdom Come. Hewlett-Packard had everybody and they mama doing commercials like Pharell and others and as I said above...his deal with General Motors was a failure. The car in the Jay Z blue color fizzled and got pulled off the market within 2 months.

Damn homey.
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