Jay-Z Admits That By Selling Drugs it Gave Him Business Experience

Via NYPost

How did Jay Z develop the business acumen he needed to become a music mogul? By dealing crack, of course.

“I know about budgets. I was a drug dealer,” the hip-hop titan boasted to Vanity Fair magazine, referring to his days on Brooklyn’s mean streets.

“To be in a drug deal, you need to know what you can spend, what you need to re-up.”

Can you put that on a resumé?

Speaking in the mag’s November issue, which also features him on the cover, the 43-year-old rapper explains that the most important plan any drug dealer can make is how to get out of the business.

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“If you want to start some sort of barbershop or carwash — those were the businesses back then,” Jay-Z said, recalling the careers he once considered. “Things you can get in easily to get out of [that] life.”

While cutting hair and washing cars might not have been sexy options, they beat the alternative — death or prison.

“You have to have an exit strategy, because your window [for dealing drugs] is very small,” Jay Z said. “You’re going to get locked up or you’re going to die.”

Looking back, Jay Z said he regrets having played a role in the city’s 1980s crack epidemic. He admitted that, at the time, he was thinking only about the money.

“Not until later, when I realized the effects on the community. I started looking at the community on the whole, but in the beginning, no,” he said.

“I was thinking about surviving. I was thinking about improving my situation. I was thinking about buying clothes.”

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Jay helps tell the story of so many young Black men like him.

From his beginnings in Bed-Stuy’s Marcy Houses, Jay Z has gone on to become one of hip-hop’s biggest names — not to mention the hubby of one of pop’s hottest singers, Beyoncé.

He raked in $42 million in the past year, adding to a net worth of about $475 million, according to Forbes.

He has been performing since the ’80s despite having once pledged to quit by age 30.

“I know I said I wouldn’t be doing it when I was 30,” he said, “so that’s how I know I love it. Thirty years old was my cutoff, but I’m still here, 43 years old.”

Nice to know that selling drugs in the black community can lead you to a life of wealth, prosperity, and a big booty wife…..not so bad.

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