Diddy’s Common Sense Tips For Becoming A Business Mogul

by / June 5, 2014 video 9 Comments

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Sean Combs, also known as P. Diddy, is a rapper, producer, actor and entrepreneur.  Combs was born in Harlem, New York and grew up in Mount Vernon, New York.  After majoring in business for two years at Howard University, Combs dropped out and became an intern and then talent director at Uptown Records where he helped launch the careers of Jodeci and Mary J. Blige.

In 1993, Combs was fired from Uptown and established Bad Boy Records where he signed such artists as The Notorious B.I.G., Carl Thomas, 112, and Faith Evans.    Combs produced his first commercial vocal work as a rapper in 1997, and his debut single “Can’t Nobody Hold Me Down” spent more than 6 months on the Billboard Hot 100 chart.  Combs won the Grammy Award for Best Rap Album in 1998.

As an entrepreneur, Combs has had many successes.  In 1998, he launched the clothing line Sean John and was nominated for the Council of Fashion Designers of America award for Menswear Designer of the Year in 2000.  He won the award in 2004.

Combs also owned two restaurants in the past and helped develop the Ciroc vodka brand.  In addition, he owns a major equity stake in Revolt TV which is a newly launched television network that also has a film production branch.

Forbes magazine ranks Combs has the fifteenth highest earning musician estimating that he had earned $45 million by May 2012.  His net worth is estimated at $700 million, making him one of the richest people in the hip hop entertainment business.

The following video is an interview Combs completed with Forbes J.J. Colao.  Combs discusses his work with the Network for Teaching Entrepreneurship, an international non-profit organization that provides entrepreneurship training and education programs to young people from low-income communities.  He also shares his advice for budding business moguls.  Check out the video below to see what he has to say:

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9 Comment

  1. good advice obviously because it worked for him..

  2. I would like to find a way to connect with Diddy to present a proposal request for assistance in developing Urban Youth Enrichment Initiative, which is a community organization that i'm currently in the process of developing. If we can get more brothers and sisters such as Diddy, Snoop, and others as well, to become more visible in the communities where youth and their families, are most affected by political, economical, and social disparities. This was a great interview. Continue success to you brother. HOTEP


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