This is a heavy subject for me to talk about. My first business was a DJ production company… We did amazing things to include travelling, performing and crowd surfing sometimes. The company was no way in trouble or was running into financial crisis. It was doing fairly well. It was growing until I gained a new insight as to who I am and the discovery of a new industry that I fell in love with. I walked away from the DJ performance industry and went on to start a business in the investment industry. Not that it was any better but I found that the investment industry aligned with my vision and goals in life better than the DJ industry that I was in part with. As the owner and CEO, I have many things to say about my retirement from the industry. I will get personal as I can get about why I did and give you an insight to the DJ industry for those out there. Now, throughout this blog, I am making references to the mobile DJ industry, not the Club industry. Though I had my share of the Club DJ industry, I will neglect to talk about that subject for this blog.
The DJ Industry is full of people who are talented, motivated, disciplined and passionate about what they do. I truly respect entrepreneurs who can take on a challenge of performance and stress at the same time. The DJs that I met and worked with were certainly not lazy. They worked hard and showed diligence through both good and hard times. The only issue that I had were the 1% that did not play fairly with the rest of the industry. Sure, I did what I had to do to be competitive but the 1% that didn’t were playing dirty. They would steal clients, take over contracts, and even bad-mouth each other to gain the upper hand with a client. This is certainly not a healthy environment for any business. In fact, it’s a low blow and that tells me lack of confidence that some people have in their abilities and talents. Some DJs simply lacked the ability to sell in a civil manner. In comparison to my world of the investment industry, the DJ industry is too competitive. I adopted this philosophy that entrepreneurs should collaborate and build on each others’ success, not tear each other down. Now, I’m not generalizing here.. Yes there were collaborative efforts in the DJ industry and those who were part of the same effort were actually successful. But the majority did not see that way. In the Investment industry, I saw the majority in a collaboration mode. Only because certain investment projects required capital and these investors understood the power of crowdfunding. Investors partnered with other investors to invest into a big project where a single person would have a challenge in doing so. The key is collaboration.. Not Competition.
I knew running a DJ production business would never allow me to build wealth. It just doesn’t work. One of my mentor told me to find a business where you CAN build a million dollars a month income. With the Investment industry, I saw the potential to earn and build more. Far more than I would be able to achieve with the DJ production business. The reason why I entered the DJ business in the first place was because of the love for my music. Now note that I will still continue to DJ as my hobby but not professionally. I know of DJ businesses that has built a million a year portfolio but that’s the 0.001%. Very few make it to that level. My vision is to retire at the age of 35 to travel the world in building schools, hospitals, churches and business infrastructures to share my love and my spiritual beliefs of people. I knew sticking with the DJ business would rarely open doors for that kind of a goal. I wanted something that would buy me time and money. When I understood the concept of passive income, I knew the investment industry was where I belong. The simple concept of controlling rental properties and collecting rent without minimum work gave me the motivation to walk away from the DJ industry. I wanted my weekends back so that I could spend time for my new-found passion and with my future family.
At this very moment, I have 2 more events to fulfill until I will fully walk away from the industry. My hands and feet are already deep into the Investment business that I started last year. We’ve been able to raise capital and the team to begin creating results. I still have passion for music and performing. Now I can perform as a speaker and a consultant. I can still enjoy music by any means of my freedom. Being an entrepreneur, I made this decision so that I can unfold my true vision and to accomplish my life’s mission. I truly enjoy this freedom to be able to walk away if certain business or a career didn’t fit with my vision, unlike being tied to a job. I haven’t sold out.. I just transformed. I didn’t quit… I advanced.