In a recent interview 50 Cent mentioned how he could have been more successful if he was better able to set boundaries between friends and business. I think he hit the nail right on the head and is dropping knowledge to anyone trying to get into any industry, especially the music industry. 50 Cent has been very successful as a business man in the music industry, and illustrates the importance of not allowing yourself to get comfortable just because you are successful.
On a side note, Fantom of the Beat, produced the beat for 50 Cent and Lil Kim's "Magic Stick" and I am fortunate to currently be working with him on our new FantoMusic/ CT Corporate Takeover project. It's all about who you know in this business, who they know, and establishing mutually beneficial relationships with key players in the industry, while maintaining a balance in those relationships to allow for a working business relationship.
50 Cent Quote on relationships in the industry:
"Personally, I have to be conscious not to overly invest myself in
people because I'm personable and I start to develop relationships," 50
said. "Let's just say an easy job, a hard job to do, you forget you're
working and when people have a comfortable work environment, they do
things and you kind of let them go for a while and it kind of becomes
uncomfortable and you have to get rid of them. ... [You have] to keep
those boundaries. When you're exercising that whistle-while-you-work
concept 'cause you're enjoying yourself and you're doing what you're
passionate about, it's tough for you to look at each individual's
performance and actual space -- there's been a lot of mistakes made in
my career that have gone unseen because the projects were successful
projects. But people made a lot of mistakes behind the scenes that could
have made it a little bigger and better."