Key Takeaways
- Megan Thee Stallion is the stage identify of the three-time Grammy Award-winning rapper Megan Pete.
- At Entrepreneur’s Overcoming Unattainable occasion, Pete mentioned that her greatest mistake was being scared to ask questions on her contract.
- Now, if she doesn’t perceive one thing, she asks about it.
Earlier than Megan Thee Stallion made it massive and signed her first report deal, she thought that rappers made an incredible sum of money. She noticed the social media posts they made sporting new vehicles and fancy garments. She couldn’t wait to develop into a rapper and care for her entire household.
Nonetheless, the three-time Grammy Award-winning star, whose actual identify is Megan Pete, mentioned that the truth of her first report deal was that she wasn’t getting paid what she was price.
At Entrepreneur’s Overcoming Unattainable occasion final week, Pete mentioned that when she signed her first deal, she knew “it wasn’t the most effective deal.” What pushed her to signal it was the information that she was going to have the ability to care for her mother and pay the payments with the cash. She was excited to “care for her folks.”
Nonetheless, the larger she bought, the extra she realized how a lot her likeness and sound had been price.
“I began realizing I’m not making as a lot cash as I must be making as a result of I sort of simply gave my life away to anyone else,” Pete mentioned. “I needed to take a step again and assume, Okay, let me see what’s occurring with my contracts. Let me work out how I might be my very own boss.”
Her greatest mistake
Pete mentioned that her greatest mistake early on was being scared to ask questions on her contract.
“I used to be a bit bit nervous about asking questions,” she mentioned. “I really feel like that is likely one of the greatest issues that maintain folks again, being afraid of sounding silly.”
Pete mentioned that now, if she doesn’t perceive one thing, she asks.
She added that she didn’t simply wish to be well-known; she wished to personal her personal music. Possession grew to become vital to her as a result of she was placing in all of the work and felt like she wasn’t receiving something again.
Asking questions and attempting to determine how she might be her personal boss paid off. In 2024, Pete signed a take care of Warner Music Group that allowed her to have full possession of her masters and publishing. She retains her independence as a musician whereas tapping into Warner Music for promotion and advertising.
“I do personal my masters,” Pete mentioned. “It was vital to me, popping out of a scenario the place I didn’t personal something and I didn’t have management of my profession. I simply didn’t wish to ever be in that place once more.”
Her motivations
Just one matter made Pete tear up on stage.
It occurred when she was speaking about her “North Star,” or the guiding gentle that retains her targeted and reveals her the way in which ahead.
For Pete, her North Star is her household. Her mother, dad, grandmother and great-grandmother are her basis.
“I do issues that I really feel like they might have wished to see me do,” she mentioned. “I simply maintain them in thoughts, and I simply know that my mother is happy with me, my dad is happy with me.”
Wiping away tears, Pete mentioned that her duty is larger than herself. She desires to make her household proud and provides her followers “little items” of her to include into their on a regular basis lives. She filters selections by how her household would reply to them.
Pete additionally mentioned that anybody in any profession path can obtain success. They simply must observe one precept: Be true to themselves.
“After they’re being genuine to themselves, that’s after they win,” Pete mentioned. “That’s after they’re most profitable.”
Key Takeaways
- Megan Thee Stallion is the stage identify of the three-time Grammy Award-winning rapper Megan Pete.
- At Entrepreneur’s Overcoming Unattainable occasion, Pete mentioned that her greatest mistake was being scared to ask questions on her contract.
- Now, if she doesn’t perceive one thing, she asks about it.
Earlier than Megan Thee Stallion made it massive and signed her first report deal, she thought that rappers made an incredible sum of money. She noticed the social media posts they made sporting new vehicles and fancy garments. She couldn’t wait to develop into a rapper and care for her entire household.
Nonetheless, the three-time Grammy Award-winning star, whose actual identify is Megan Pete, mentioned that the truth of her first report deal was that she wasn’t getting paid what she was price.
At Entrepreneur’s Overcoming Unattainable occasion final week, Pete mentioned that when she signed her first deal, she knew “it wasn’t the most effective deal.” What pushed her to signal it was the information that she was going to have the ability to care for her mother and pay the payments with the cash. She was excited to “care for her folks.”
