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Cardi B Didn’t Always Make Money Moves. She Wants You to Learn From Her 3 Biggest Business Mistakes

Cardi B Didn’t Always Make Money Moves. She Wants You to Learn From Her 3 Biggest Business Mistakes

There's no question that Cardi B is a boss babe. But she didn't start off that way, and she was recently vocal about business mistakes she made earl

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There’s no question that Cardi B is a boss babe. But she didn’t start off that way, and she was recently vocal about business mistakes she made early on.

In an interview about financial literacy at BeautyCon 2019, the powerhouse female rapper got real on a number of subjects, including some not-so-good money moves she made when she was still an up-and-coming artist.

Here were three of her tips for achieving fame and fortune:

1. Don’t compromise your value

Early in her career, Cardi B discovered the men she was hosting parties with were making more money than she was. 

“So you know what I said [to the club owners]? ‘I’m going to stop taking bookings until y’all start paying me more.'”

This was a brave move for her to make at the time. She didn’t want to lose bookings, but she was committed to getting paid the same as the men. She knew her value and she knew it was time to own it.

Boundaries are real, and setting them can be scary. But if you want to move up, you’ve got to learn to do it–and the sooner, the better. 

2. Invest in business classes

In discussing her educational background, Cardi B was honest: “I wanted to take a business class but I didn’t, because I had to take a math class for it.”

That avoidance didn’t pay off in the end.

“Always take a business class because the career that you studied for one day is not going to make you happy,” she advised, “and you want to become your own boss.”

In other words, get as educated as you can about how to go into business for yourself. Because even if it’s just for a side hustle, financial literacy means financial freedom.

“Me? I got mad money,” Cardi B added. “But you know something? I had to hire business managers because I didn’t took the class,” she said.

3. Don’t be afraid to ask questions

“I used to see contracts and I used to be like, ‘Oh, my gosh, this is such a big opportunity — I’m not even going to ask the question because I don’t know if this opportunity is going to come back again.'” 

When you’re starting out in any career, it can be tempting to want to look like you know more than you do, or to think that asking questions is going to make you look stupid or ungrateful. Or you may share Cardi B’s fear that asking questions might jeopardize the opportunity. 

But the truth is, asking questions doesn’t make you look stupid; it actually makes you look cautious, vigilant, and smart. In fact, the irony is that when you ask questions in a straightforward manner, you look confident. You look like you’re committed to understanding exactly what’s going on, because you have goals and you’re not going to let anything stand in your way of getting there. 

There’s another important reason to ask questions, says Cardi B: because if you don’t, “next thing you know you sign something, and you stuck in some bull****.”

Then she added her bonus tip:

” … And get lawyers. Get lawyers for everything.”

The opinions expressed here by Inc.com columnists are their own, not those of Inc.com.

This article is from Inc.com

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