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Tuesday, February 16, 2010 | 7:46am
Ca$h Money’s Birdman & Slim, Break Formation, Pursue Oil Business
While Oil’s not sexy nor a chick magnet there’s a lot of money in it. Is Hip Hop learning her lesson?
After 11,537 failed clothing lines (to be exact) and roughly 485 beverage ventures, Hip Hop might actually learned something. I read over the President’s Day holiday that Cash Money Record founders, Ronald “Slim” Williams and Bryan “Birdman whatever happened to Baby” Williams are said to be investing some in a new oil business. Dubbed Bronald Oil & Gas LLC, the new venture will focused on “exploration and development properties in Osage County, Oklahoma, as well as in Texas, Louisiana and Florida in the United States and in Central America.”
While the company may not yet have any staff, investors or corporate structure at this point, nevermind all that I’ve just gotta stand up and applaud the rare innovation. Ok, maybe it was a little bit presumptious for Birdman to go out and get the company logo tatt’d on the side of his dome but we never said he was the smartest dude in the world.
And that’s my point. Hip Hop has proven you don’t have to grow up with the silver spoon supplanted or even be that intelligent to make it happen but by using the success and cash you’ve been able to secure from entertaining folks and surrounding yourself with people on that next level of business you can elevate. Yeah clothes are cool and booze gets you drunk but last time I checked those cats in Texas with the big hats drilling for oil made some serious cash. I’m surprised this is first time we’ve seen hip hop implement this business model.
Now while pursuing, check that saying you’re planning to pursue a business idea doesn’t ensure success, I have to at least applaud the effort.
FILED IN Business & Marketing, News
What?! Oil?! what kind of oil? olive oil, rubbing oil??!! You crazy man!!! I need another million for my new diamond grill!!!
Oh, wait! I can get a big-a$$ “OILMAN” name plate!!!
he says it Earl Company
Think off all the one lines he can use with “Crude” oil.
Good for them for taking the road less traveled.
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A solid industry; and a money-maker (as long as they actually FIND oil).
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It’s not always the glamorous investments that make the money. I’ve got money in garbage, toilet paper manufacturers and electric utilities. It’s as boring as watching paint dry, but they pay dividends every quarter, rain or shine.
Garbage is huge. Just ask Tony Soprano. No but seriously, the industries that get your hands dirty are often the easiest to enter because no one wants to. Less competition.
And from an investor standpoint, they do good business regardless of the economy. (and probably in the case of toilet paper, probably better in a bad economy.
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Though the stock prices go up and down like all others, they pay between 4% and 7% in dividends, which is a heck of a lot more than you’re getting from a bank or throwing darts at the dartboard.
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Using the law of 72 as an example, park your money in a dividend stock like that and you double your money every 10 years.
LOL @ Toilet paper boom in bad economy. Same for crime scene clean up.
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Nothing wrong with doubling money you don’t need right now.
i think Slim is what makes the money blossom for that whole clique…the man behind the scene usually the one pulling the strings… that is a good look tho for them
Yeah, I take my hat off to them, just for trying something new and different, you know! Sh*t, they might be able open up some doors in the long run, for the next generation, who knows! Plus, I was born and raised in the South, so yeah..thats whats up.
they like damn wayne locked up now that cash money gotta start coming from somewhere else for now.
Well burdman is a natural born money maker so this is shock to me that he has waited this long to invest in oil but its a good thing trust me…& i hope wayne is watching his daddy make some bread while cash money young money’s lead cash cow is in jail…Free WEEZY!