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Market Mondays

Market Report: WILL KANYE LOSE BILLIONS, & IS MENTAL ILLNESS TO BLAME?

Market Mondays

EYL Network

Investing, Entrepreneurship, Business

5.04.1K Ratings

🗓️ 21 October 2022

⏱️ 13 minutes

🧾️ Download transcript

Summary

In this Market Report we discussed Kanye West's battle with Gap, Adidas, and mental illness. #kanye #kanyewest #mentalillness 


Link to episode: https://youtu.be/PZP98-cJMHU


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Transcript

Click on a timestamp to play from that location

0:00.0

So Kanye West, yes.

0:04.4

So what three key lessons can we learn from Kanye potentially

0:11.3

losing his Adita and Gap situations?

0:15.0

Wow, this is tough.

0:15.8

When I love Kanye dearly, I hate the last two weeks version

0:22.0

of Kanye though.

0:23.6

I put up a post and asked people, did he

0:26.2

fumble the bag?

0:27.7

And some people were saying, no, this is exactly what

0:29.6

you want it.

0:30.1

But when you are asking for validation from companies

0:32.6

that don't believe me the talent, this isn't what he wanted.

0:36.9

So number one, in your contracts, you have to negotiate

0:40.5

that the company is not able to repurpose, remix,

0:45.0

reproduce in your intellectual property.

0:47.7

So if you've ever been in a store that carries the easy line,

0:51.5

there are shoes that look just like it the genuine designers

0:53.8

have created.

0:56.5

When I went through some of the contracts and saw,

0:59.1

and I talked to some people in the fashion industry,

1:02.2

there was like, that was that clause was not in that contract.

1:05.8

Huge mistake.

...

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