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….”
Apple TV+ is in serious talks for the rights to stream MLB games next season, the first foray into sports content for the platform, according to the New York Post. Lee Berke, president and CEO of LHB Sports, sat down with Cheddar to discuss how such a deal might impact the tech giant and the sports content industry. "Quite often with new media platforms one of the quickest ways to create and implement a programming strategy — and actually one of the most expensive ways — is to offer up sports content," Berke noted. "So, with this package available, it puts Apple literally in the game and gives them an opportunity to demonstrate their skills in offering up a major league sport."
A.I.-enabled fintech company Qraft Technologies recently closed a $146 million investment from SoftBank Group Corp.
The companies say they are entering a partnership to accelerate artificial intelligence in the asset management industry. Qraft has already developed A.I. solutions that have been used by major financial institutions and says its new approach to asset management maximizes investment efficiency. Qraft Technologies U.S. CEO Robert Nestor joined Cheddar News' Closing Bell to discuss.
Navient, a major student loan collecting company, agreed to cancel $1.7 billion in debt owed by more than 66,000 borrowers across the U.S. and pay over $140 million in other penalties to settle allegations of abusive lending practices.
A late-afternoon recovery in technology stocks helped erase most of the market’s losses Friday, but it wasn’t enough to keep major indexes from logging their second losing week in a row.
Bank of America slashed the amount it charges customers when they spend more than they have in their accounts and plans to eliminate entirely its fees for bounced checks.
Technology stocks led another decline on Wall Street Thursday, leaving the Nasdaq composite down 2.5%. Microsoft, Nvidia and other big tech companies had some of the biggest losses.
