DJ and record producer Kabelo Motsamai, famously known as Prince Kaybee recently came through with profound advice to upcoming artists regarding the monies they make in the industry.
From producing hit singles to getting backlash from online users regarding his controversial views on certain topics, Prince Kaybee’s recent stance gained him some momentum from users as he shared advice on how artists should manage their money.
Throughout the years, many artists have faced financial difficulties and ended up broke due to their inability to manage their money wisely.
Since artists and actors often lack protections regarding royalties, they must spend their earnings carefully. As they typically get paid per gig, they need to make financial decisions that will prevent them from becoming penniless in the future.
Prince Kaybee recently followed suit with what amapiano star Lady Du has been preaching regarding upcoming artists always having a backup plan and not relying on their hit singles as you won’t always be the hottest on the block due to the number of artists that are entering the scene.
Taking to X (formerly known as Twitter), the DJ stated that all monies made from your gigs should go back into making your music grow. He stated that becoming an artist makes you an entrepreneur, adding that the best way to start spoiling yourself is by investing in your brand. He has, however, cautioned that one should not do too much of it though, as you might end up wasting unnecessary money.
Music money must go back to music.
Most musicians I know in South Africa are not aware that they are entrepreneurs by default. 1 good plugin nowadays can be well over 20k.
Up to 60% of your profits should be invested back into your business, simple economics. Well some people…
— K A B I L L I O N (@PrinceKaybee_SA) November 21, 2024
Although the DJ’s advice might have come from a good heart many internet users argued that due to the amount of gatekeepers in the industry many upcoming artists would not break through. They highlighted that being in the industry requires one to sometimes end up doing things they do not agree with.
One user commented:
That was going to be a good advice if the likes of gatekeepers happen to furnish…
— Tokoloshi (@HarryMohlele) November 21, 2024
Another user argued that Prince Kaybee was speaking from a point of privilege, as studio equipment can be very expensive for an upcoming artist to purchase.
It’s easy speaking from a place of privilege. Everyone wants good studio monitors & plugins that won’t crash. We just don’t have the money🤷🏾♂️. You’re preaching to the choir here chief.
— 495 (@495worldwide) November 22, 2024
