AKA is not just smart but, the rapper is business-minded too.
The Run Jozi rapper recently revealed in an interview with Business Day LIVE that he’s looking into starting businesses instead of only focusing on his music career to bring in money.
While being involved in the music industry will allow him to earn a significant amount of money, we are now blessed to live in a world that allows us to also earn money in a variety of other ways too. Recording your own music can help you earn some money but licensing it with the help of a PRO could help you earn a substantial amount of money on the side. There are numerous benefits, which is why one should examine the advantages and disadvantages of ASCAP vs BMI before deciding which is best for you as a songwriter, publisher, or business. However, if one has to branch out into other fields of business, various industry experts could be of help.
Recently, the idea of mining using something like this GoldShell KD5, as well as investing in areas like cryptocurrency and precious metals has become a popular way in which to grow your finances further. Millions of people around the world already do it and have seen significant progress in terms of their personal financial situation.
Though AKA has stated that starting businesses is the way forward for him, it’s good to know that there are other things to participate in when it comes to bettering your finances.
“I would definitely want to be able to sustain myself. Do I want to just sustain myself? No I don’t just want to sustain myself, I want to be wealthy.
“Take care of my family,. I want to have income that’s both active and passive. I want to make money so that I can go and do more things.”
AKA went on to further say that musicians should still focus on their music career and that, if they are just starting out, it might be useful to use a website like https://getfans.io/buy-spotify-plays to boost their streams to begin with. However, he says they should use their music career to their benefit to diversify their brand and expand into other business ventures that will bring in a sustainable income outside of their music earnings.
“I’ve got a lots of dreams and ideas that are not necessarily tied to a mic and stage and a studio. Maybe I’ll start a business, maybe I’ll start a car wash,” says Mr Forbes smiling.
“I think it’s important to diversify, not just focus on your music and your gigs. I think you need to use, when your flame is burning and is hot, use it to go into merchandise like I have with clothes.”
Adding to that King Doro went on to ‘congratulate’ himself for selling over 20 000 copies and for being the first English Rap album to go Gold.
“It’s the first time that’s happened for me and more than anything else, its the first English hip hop artist to do that.
“… we cannot ignore the demographics of our country, English hip hop music and music that is based around the English language is still gonna be harder to sell than music in a vernacular language. So I am very proud of the fact that we managed to achieve that.”
Check out the Doro Mega’s interview below:
