Why rapper and Netflix star Killer Mike turned down a life-changing record deal via CNBCMakeIt
Many artists think landing a record deal with a major label is the key to success, but Grammy-winner Killer Mike felt early on in his career that there was value in betting on himself.The rapper tells CNBC Make It that after leaving Columbia Records, he turned down a lucrative deal with Virgin Records in 2003, because he believed he could achieve more as an independent artist.
But while being independent may"sound sexy and romantic and awesome," he warns, it also means that"you got to pay your own bills, you got to pay your own promo, you got to pay for your own record to be played — and that puts you on your butt."
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