Happy Father’s Day! Enjoy a BONUS episode of Put Yourself On Podcast just in time for Juneteenth. Learn how R&B Singer and tech entrepreneur Ray J earned capital through independent music to invest in Scoot E Bike and Raycon Global, while his father, Willie Norwood, Sr. shares the wisdom he instilled in Brandy and Ray J about working with record labels, refusing to borrow and how to protect your intellectual property.

Key Takeaways

The key to building wealth: own property. There are two types of property: real estate and intellectual property. make others pay you for your ideas.

Know when to advance: bring on more people to build a strong team or offload a company to build more liquidity

Partner with the record company as opposed to having an “I need a record deal” mentality.

Take the money that you’re making and start investing in things like stock, real estate, tech companies like VR and things that will change the future

I’ve always been. a guy who’s been ahead of the curve just by looking into the future. If we’re not thinking for our children and our childrens children and what we can provid for them then we’re missing the opportunity