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book Entrepreneurial Small Business 4th Edition by Jerome Katz ,Richard Green cover

Entrepreneurial Small Business 4th Edition by Jerome Katz ,Richard Green

Edition 4ISBN: 978-0078029424
book Entrepreneurial Small Business 4th Edition by Jerome Katz ,Richard Green cover

Entrepreneurial Small Business 4th Edition by Jerome Katz ,Richard Green

Edition 4ISBN: 978-0078029424
Exercise 18
Focus on Small Business: Brian " B-Money " Hughes 1
Brian "B-Money" Hughes has a tip for budding hip-hop producers: "The best advice I can give to anyone that's coming up: Make sure you get yourself a good lawyer." He knows of what he speaks.
B-Money was a turntable scratcher good enough to get credits on Jennifer Lopez and Murphy Lee CDs. He scored big in street cred when he produced 50 Cent's "Hustler's Ambition," the lead track to the soundtrack of Get Rich or Die Trying. This did not translate into much money, though. Two weeks before the film's release, 50 Cent's team offered a small flat fee rather than a larger royalty. B-Money was told to take it or leave it, but do it now. An experienced lawyer would have realized that the cost to 50 Cent to redo the film's soundtrack without B-Money's contribution would have been a lot more than what was offered. But as B-Money put it, "I had way more leverage, but my lawyer wasn't poised and let it slide."
B-Money took the flat fee offered, but he replaced that lawyer with an industry veteran. So later, when Jay-Z's producer asked for a B-Money-produced track called "The Prelude," this time the artist and lawyer were ready to negotiate. The track was the lead for Jay-Z's Kingdom Come CD. The new lawyer delivered, and B-Money finally came into some of the money he deserved for his work.
Given B-Money's experience, if you were interviewing a potential lawyer, what sort of questions would you want to ask
Explanation
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People like big business tycoons and the...

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Entrepreneurial Small Business 4th Edition by Jerome Katz ,Richard Green
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