What I did with my first money from music –Don Jazzy

Nigerian music producer and executive Don Jazzy shared his experience of spending his first earnings from the music industry. In a recent podcast interview, he revealed that he wasted his initial money on trivial pleasures instead of investing it wisely. Speaking on the On The Grind podcast, Jazzy admitted that he subsequently realized his mistake and started investing his subsequent earnings, particularly in new artists.

This led to his successful ventures in record labels and other businesses, allowing him to stop working altogether. Don Jazzy advised young people to prioritize investing rather than splurging on unnecessary luxuries when they begin earning money. He remarked, "The first big money I got from music, I lavished it. I bought 50 bottles of champagne and went clubbing.

But I quickly coordinated myself and invested in signing new artistes. Now I don’t have to work ever again." Jazzy stressed that one doesn't have to invest in a record label, but it's essential to make use of youthful earnings in a profitable business rather than squandering them on frivolous things.