Dame Dash has dished out some financial advice about the keys to staying a millionaire, which he believes is tougher than first becoming one.
The Roc-A-Fella co-founder sat down with hair stylist Shanita Robinson as part of her Get Humbled interview series on Sunday (July 16) where he gave out some money tips.
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“So now the question is how much bread do you want to make? And I don’t think it’s a bad thing to want to make a lot of money because there are people you might need to take care of,” Dame began.
Robinson responded by explaining that she’s just trying to reach the millionaire club, but Dash quickly cut her off saying clearing that mark alone isn’t enough.
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“We’re dreaming,” he continued. “Let me tell you what a million dollars does. If you go in the store and buy a 25-cent bag of potato chips, you’re not a millionaire. You spend one dollar and you’re not a millionaire.
“You want to stay a millionaire, so you want a couple. Because the minute you start to get into millions, so do your bills. The carrying cost of things is what kills you.”
Dame Dash is someone who has seen it all on the financial side growing up sweeping floors in NYC to building the Roc-A-Fella empire and then the subsequent 2004 Roc split with JAY-Z.
Jim Jones recently touched on the Roc’s crumble during an appearance on Talib Kweli’s People’s Party podcast and Capo believes the split is something that could’ve been avoided.
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“Their controversy and their separation led to a lot of the artists taking sides, which was kind of fucked up. I was never silent as a Roc-A-Fella artist, but I had to roll with what Cam was doing. It was a whole fucked up situation.
“And this is something that, looking back, I think could have been avoided. That shit was just some simple shit that could have been avoided, you know what I mean?”
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This isn’t the first time that Jim Jones has spoken about the Roc-A-Fella split. During an appearance on DJ Self’s Apt. 5H show back in March, Capo claimed that the label’s dissolution did lasting damage to not just the Roc-A-Fella roster, but to New York Hip Hop as a whole.
“The confusion at the Roc-A-Fella breakup did a lot of damage for New York music,” he said. “Remember, Roc-A-Fella had so many different types of music. They had The Diplomats, they had State Property, they had Brooklyn shit. They really had a strong hold on East Coast music, so when that shit started to happen…”