Record producer Khaled Mohamed Khaled, aka DJ Khaled, is known for his hits, his positivity, and his continuous dedication to success. But the celebrity DJ's struggles may be less known.
The award-winner had a “mogul talk” with Cheddar about what it takes to be successful and the obstacles that have made his journey an arduous one. And for Khaled, time has been the major issue.
“There’s not enough time in the day to accomplish what I need to do, ‘cuz I don’t stop,” Khaled said during the interview. “That’s the hardest part of hustling.”
Time management is a difficult skill for many to master, but Khaled says you have to commit and “do what you got to do.” That's how he faces this challenge.
Khaled, whose latest albums “Major Key” and “Grateful” have been certified gold and platinum, shared two of the reasons for his success. He says you have to make sacrifices and be self-made.
“It’s OK for you to work 9 to 5 to fund your vision,” Khaled said, acknowledging that for some, a traditional job is what they'd like. But for those who have a vision they want to bring to life, working a side gig is a necessary evil.
“I’m a mogul, so I envisioned all of these things I want to do,” he said, adding,“my family raised me to be self-made.”
To Khaled, being self-made is not about having money as many may think, but about “respecting yourself and your vision.”
Talking the talk and dreaming big is great, Khaled explained, but for success, it’s important to walk the walk and figure out how to accomplish the vision.
“There’s other people out there that talk, but don’t accomplish the goal,” he said.
“When I was a kid, I had to do certain things to fund my music business, my record company, my management company….”
A growing number of workers at major produce companies, processing plants, and grocery stores are calling out sick.
These virus-related absences are resulting in product shortages, leaving supermarket shelves far from full. Jesse Newman, agriculture reporter at The Wall Street Journal, joins Cheddar News to discuss.
There may be some light at the end of the tunnel for struggling retailer Kohl's. Shares soared more than 35 percent on Monday on reports that a second takeover could potentially be in the works - just days after a group backed by activist investment firm Starboard Value proposed buying the company. Private equity firm Sycamore Partners has allegedly reached out to Kohl's, offering to pay at least $65 per share in cash for the company - giving it a valuation of close to $9 billion. Joel Bines, Global Head of Retail at AlixPartners, joined Cheddar Movers to discuss the potential takeover as well as the state of retail in the U.S.
Big Apple workers who deliver for food apps like Doordash and Grubhub will now receive a number of legal protections provided through a package of new regulations that have started going into effect. These updated rules include more control over their deliveries, pay and tip transparency, a higher minimum pay rate, and access to restaurant bathrooms during the workday. New York City Comptroller Brad Lander joined Cheddar to elaborate on the regulations and how the platform holders reacted. "I have to say it's a mixed bag," he said. "Grubhub actually welcomed the legislation and said they recognize they need to do better by their deliveristas, but DoorDash, unfortunately, has actually been pushing back against the legislation."
Stocks closed mixed Wednesday after the Federal Reserve's announcement about potential rate hikes this year, beginning as soon as March. That would be the central bank's first rate hike since 2018, and Chair Jerome Powell also didn't rule out a potential rate hike at every meeting in order to combat inflation. RC Peck, CIO of Fearless Wealth, joined Closing Bell to discuss today's close, the Fed's announcement, Tesla's Q4 2021 earnings results, and more.
Stocks closed lower Tuesday, but off session lows amid continued volatility as investors await this week's Federal Reserve meeting, where the central bank is expected to introduce tighter monetary policy. Microsoft also reported second quarter fiscal 2022 earnings after the bell. The tech giant beat on both top and bottom lines, but shares fell after hours. David Stryzewski, CEO of the Sound Planning Group, joins Cheddar News' Closing Bell to discuss today's close, predictions for this week's Fed meeting, Microsoft's earnings report, and more.
Thomas Hoenig, Former CEO of Federal Reserve Bank of Kansas City and currently Distinguished Senior Fellow with the Mercatus Center, joined Cheddar News' Closing Bell, where he says the Fed's decision was no surprise, but believes the Fed is behind the curve on raising rates.
Business communication platform Slack, recently released its fifth wave of results from its global workplace survey from its Future Forum consortium, showing that the workforce has already moved to a split between working from home and going to the office. “We are now officially in the hybrid era of work,” Slack Future Forum VP Sheela Subramanian said when discussing the findings. "Hybrid is a work model where people can come into the office as well as work remotely, and what we're seeing is that the majority of knowledge workers are now in this arrangement — and that number is set to grow."
