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Steve Harvey Gives Sobering Reality on Why Entertainers End Up Broke

Jay

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    View: https://www.instagram.com/tv/CbNLmP6AnuQ/?utm_medium=copy_link


    This is a dope breakdown that makes it simple to see how entertainers get fleeced. This is why it’s important to known when to look at entertainment as a business and when to look at it as an art. In simple math:

    Revenue
    $100 - Contract Payment

    Expenses
    $15 - Legal Fees
    $15 - Manager Fees
    $40 - Taxes

    Balance
    $30 - What You Get

    So your $100 can end up being $30 before you even do one thing to fulfill the contract. Be smart when negotiating and don’t do business when you’re high or drunk.
     

    josiah starr

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    All too often in this country, we happen to be the talent and other groups vulture off of our talents. The history of rap music and sports is the perfect example. Talentless hacks benefit from our community. Of that $100, you can bet that $96.75 of it won't make it back into the black community.

    If entertainment and sports is going to be filled with leeches, we have to make sure most of the professional leeches are black.
     

    Sovereign

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    All too often in this country, we happen to be the talent and other groups vulture off of our talents. The history of rap music and sports is the perfect example. Talentless hacks benefit from our community. Of that $100, you can bet that $96.75 of it won't make it back into the black community.

    If entertainment and sports is going to be filled with leeches, we have to make sure most of the professional leeches are black.
    Which is possible with the internet. Negros just have to stop being afraid.