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The Street
The Street
Rebecca Mezistrano

Ray J's blunt advice for aspiring entrepreneurs

For Ray J, balancing a hectic business schedule with personal well-being is no easy feat. The R&B singer turned businessman joined TheStreet to share his secrets to success.

Full Video Transcript Below:

CONWAY GITTENS: What does Ray J do when it's all becoming too much? You got all these business calls, all these business meetings, all these different things. You're flying here and there. You know, for people who are watching us, who want to be entrepreneurs, who want to, you know, be brand ambassadors and all those kind of things, what kind of advice do you give to them. What do they do when it seems like it's becoming too much?

RAY J: I think you just take a day off. You take a day off, you cut your phone off, you chant however, you meditate, and you got to get back to it. I mean, either you're going to quit or you're going to go through it. And I'm like $7 million of my own money and maybe I'm working too hard, you know, maybe I need to drink more water, you know, so we don't sweat as much when we're out hustling. But if we're not sweating, we're not working hard enough.

CONWAY GITTENS: And where does this drive come from, where does this entrepreneurial spirit come from?

RAY J: I think it's just survival. And we have probably the best funnels in marketing, right. If we market something, I can almost guarantee you we'll hit our number, you know, so we under-promise, overdeliver and just work through it, man, and, and work through it. It's been a really rough year for us as far as our time and how much time we've been putting into this project. So it's good, though. We're here. We here, baby. We made it to the top. What's up, mom. Top of the world!

CONWAY GITTENS: Tell me right here. What in your view, makes a great business leader, and what makes you a great business leader?

RAY J: I think you got to be patient with everybody. There's going to be a lot of emotion. There's going to be a lot of I don't want to do it anymore. I'm done. Some of the conflicts might be I'm not getting paid enough. Whatever it is through the staff, you have to listen to the staff. You have to listen to your team. You have to make them feel good. You have to have fun. Fun drives the success for us. And if it's not fun, then we can't be a part of it. It has to be fun, even through the problems is fun. 

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