Incredible article about being running an indie record label.
DX: You described Minnesota as void of industry when you guys started Rhymesayers and forcing you to learn the ins and outs of the industry on your own. Is there an advantage to not being based in New York, Atlanta, Los Angeles?
Siddiq: I think it was for us. I think thereâ€™s advantages and disadvantages. The advantage is that it really created the situation for us to really be self-sufficient which, in the long term, has meant more to our longevity that anything else – next to the people that are actually involved in it. We didnâ€™t know that at the time. But that was definitely something that was created by us being here and not in some major market.
You meet a lot artists on the coasts – Iâ€™m generalizing, obviously – that have this greater entitlement when they come from a place like New York or a place like L.A. For us, coming out of Minnesota, we literally did not feel entitled to shit.
Never forget that just because most of us are starting technology based business, there’s a wealth of information and advice to be gleaned from people running non-technology businesses.
If you’re at all interested in being an entrepreneur, read this article.