Nick Cannon: How I ACCIDENTALLY Built A $1.3 Billion Business!

00:00 Intro
00:14 🚀 Nick Cannon started his entrepreneurial journey early, making millions from various ventures like headphones, tours, and restaurants.
01:57 🌟 Nick Cannon's early optimism, imagination, and determination led him to believe that he could achieve anything, even when facing challenges and growing up in a less privileged environment.
03:07 🏡 Nick Cannon's upbringing, although not traditional, was filled with love and shaped his resilience and drive to make something out of nothing.
07:51 🔥 Nick Cannon had a rebellious streak during his youth, but his creativity and desire to explore helped him avoid going down the wrong path.
18:10 🎭 Nick Cannon learned storytelling and captivating a room from Jamie Foxx, and the importance of hard work and dedication from Will Smith during his formative years in the entertainment industry.
23:14 📚 Learnings from Will Smith: Nick Cannon gained valuable lessons from Will Smith, including the importance of infrastructure for creative work, integrity, character, and perseverance.
24:09 💰 Financial Lessons: Nick Cannon shared a lesson he learned from Will Smith about managing money wisely, advising against frivolous spending and impulsive purchases.
26:57 🌟 Synchronicity and Like-Minded Individuals: Nick Cannon discussed how he believes like-minded individuals are naturally drawn to each other, leading to collaborations and shared experiences in their careers.
35:40 🎭 Developing Skills: Nick Cannon attributed his skill development in writing and entertainment to his early start in stand-up comedy, emphasising the importance of mastery through practice.
41:00 💡 Pursuing Your Passion: Nick Cannon stressed the significance of pursuing a career with genuine passion and joy, as it leads to mastery and long-term success, as opposed to solely chasing money.
45:27 💡 Self-love, self-promotion, and self-dedication are crucial for success.
48:21 💪 Overcoming challenges and persevering fuels the desire to win.
49:03 🎬 Self-funding a pilot for a TV show can lead to creative control and success.
52:34 🌟 "Wild 'N Out" has become a billion-dollar brand with various business ventures.
01:02:10 🚀 Nick Cannon's company, Incredible Entertainment, generated over $100 million in revenue, with diverse ventures beyond entertainment.
01:07:17 🎶 Nick Cannon supports local artists by giving them $5,000 to $10,000 in each city he visits, paying it forward and correcting industry practices.
01:08:00 📝 Nick Cannon prefers not to sign artists to his label but instead collaborate and share publishing to empower them and challenge the traditional music industry model.
01:09:23 💼 Nick Cannon criticises the traditional music industry for owning artists' work in perpetuity and believes that changing technology and a more empathetic generation will drive change.
01:10:20 🌐 Nick Cannon emphasises that technology and social media platforms empower artists to go viral and connect directly with their audience, reducing the need for traditional networking.
01:21:13 💔 Nick Cannon reflects on how his lupus diagnosis in 2012 changed his perspective on life, relationships, and the importance of health, making him focus on living fully and valuing time.
01:28:27 🪙 Nick Cannon emphasises the importance of gaining perspective through acts of compassion, like volunteering at a children's hospital, to reset and appreciate life's blessings.
01:31:08 💔 Nick Cannon reflects on the loss of his son to brain cancer, highlighting the complex and ongoing nature of grief and how it changes one's perspective on life.
01:33:31 🤔 Nick Cannon discusses the transformational power of turning grief into purpose, using personal loss to build empathy and character.
01:39:21 🧒 Nick Cannon shares his experience as a father and how his children's problems become his own, emphasising the importance of finding joy and lessons in life's challenges.
01:43:00 🌟 Nick Cannon redefines legacy as not just his own accomplishments but the collective impact of his family's compassion, humour, and contributions to make the world a better place.

The 20th season of Wild ’N Out’ premiered on VH1 on the 6th July. 

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[TheDiaryOfACEO]

Thank you Nick for sharing your story with us. If you enjoyed this conversation could you do us a favour and HIT that like button on the video! Helps us a lot ❤ share your favourite part of the convo below 👇🏾

[The_Isaiahnator]

What I like about Steven is that, despite all the big-name celebrities he interviews, his conversations always feel raw and authentic. No "gotchas, " no petty gossip; just realness. These are like therapy sessions.

[RN]

I love how Nick always gives Mariah her flowers as a wife, a mom, and queen in her own right in his life. He lets everyone know that no one can ever take her place or hold a candle to what she has done is his life. I also love his transparency and how he never allows society to dictate how he lives his life. Everyone always has an opinion when they are outside looking in, but no one knows this man personally. Great interview.

[ThrivewithJesus]

“Money doesn’t make you happy, happy makes you money “ mind blowing!❤

[paulaparker]

Nick Cannon's way of giving back is the reason why he's so blessed. It's sad, people in the industry doesn't understand the concept and why it works! You can't take all the money with you when you leave here and because he operates from a pure heart of giving, he will always have money and deals coming his way. That's the law of sowing and reaping! Leaving his conscious free and his soul uncorrupt! I appreciate you, Nick for being the HUMAN BEING, that you are!

[NeoM]

This podcast is fast becoming a blueprint of what a podcast should be like and deliver. Great job Steven and it was like I met Nick for the first time. 🤝🏾♥️🇿🇦

[paulomoteso]

"When you are not afraid of dying, you focus on living" - Such a profound message! Amazing interview.

[mindfulculturecreators]

His perspective on "signing" artists is a great example of how solid Nick cannon is. So much respect for him ...this is a masterclass interview.

[noriem]

I hate how i let social media (especially Twitter) lead my perception of Nick Cannon. This episode was quite enlightening.
Great job Steven. Lots of love from Kenya 🇰🇪

[laineydunlop]

Have to say I feel I didn’t really know or appreciate Nick Cannon until this podcast. So interesting and a very humbling outlook on life. Loved that he talked so openly about things that hadn’t gone well but taught him a lesson. Losing a child and being diagnosed with a potentially life limiting illness also puts another lens on what’s important. Congratulations on another great episode. You always give your guests time and space to express themselves which ultimately allows them to reveal themselves at an easy pace.

[definitely_not_an_athlete]

I did not know Nick was this deep! His energy, his heart, and his spirit shines through in this interview -- it's so refreshing, love it..

[AshRoseAmb]

You don’t understand how strong you are until it’s your only option! I felt that!

[kenishabyrd]

The Kehlani story and his model for helping people is HIS GIFT! Beyond the creativity, business savvy, and intuitive nature, his way of showing love and courage to not bind people to him is godly!

[barenoks]

I feel so ignorant that my brain didn’t realize how amazing Nick is!! He made me have so many aah moments in this episode. Sending all my love to him and his family ❤❤

[kaleab]

The part where nick says "my children aren't my legacy they're not even mine they are they're own people". That takes a lot of maturity and self realization to say that; and as always the questions were phenomenal keep up the good work.

[patferguson]

The very idea that Nick Cannon is turning his industry on its head is amazing!!!
Not wanting to own and enslave others but give them opportunity and facilitate change for their lives sounds like what it means to be rich.❤❤

[npguru]

Nick Cannon you are exactly who I thought you were. Your family is blessed to have you as a son, grandson, father and partner. Keep being the amazing human you are. ❤

[SueMaha]

People make fun of Nick. But listening to him today, wow, he is such a strong and inspiring person. I truly have great respect for him now and how he live his life.

[tumierasmus]

I absolutely loved this episode. Thank you! Nick truly has lived a 1000 lives and is so relatable still. He’s wise beyond his years.

[emmiej]

I’m a recent organ donation recipient and from the point 1:23:12 Nick starts discussing facing death - every word of that is FACTS. When asked by people what the past 10 months have been like, I’ve been struggling to find the words to describe the trauma of facing your mortality. Now I can direct people to this clip, thank you Steven and the you Nick ❤