In this episode of “The Diary Of A CEO with Steven Bartlett,” Nick Cannon shares his journey of accidentally building a billion-dollar business and how his ex-wife Mariah Carey saved his life. He discusses the value of hard work, maintaining optimism despite obstacles, and the power of creativity. Nick also highlights the influence of mentors like Will Smith and Jamie Foxx, the importance of owning intellectual property, and his mission to give opportunities to aspiring artists. Additionally, he opens up about his battle with lupus and the impact it has had on his perspective on life and relationships.
Nick Cannon shares how he accidentally built a billion-dollar conglomerate while creating a show to help Kevin Hart pay his rent. The show, Wild ‘N Out, has become a successful brand that incubates and cultivates young talent. It has expanded into various ventures such as tours, cruises, and franchised restaurants. With millions of followers on social media, the show has become a platform for aspiring artists to showcase their skills.
Despite growing up in challenging circumstances and being exposed to gang violence, Nick Cannon maintained optimism and a positive attitude. He credits his family, especially his grandparents, for creating a loving and close-knit environment. Nick’s father’s transformation after experiencing incarceration and addiction also had a significant impact on his outlook. Creativity became his outlet and saved him from getting involved in gang violence.
Will Smith and Jamie Foxx played influential roles in Nick Cannon’s career. Jamie Foxx taught him storytelling and impromptu skills, while Will Smith mentored him from a young age, emphasizing the value of hard work. Will’s guidance in songwriting and dedication to perfecting his craft left a lasting impact on Nick. These mentors helped shape his approach to entertainment and success.
Nick Cannon emphasizes the importance of owning intellectual property to ensure artists receive the value they deserve for their work. He believes in building a fan base and leveraging social media platforms to sell content directly to audiences. Nick prefers collaboration over signing people, as it allows for shared ownership and creative control. He advocates for artists to have more control over their own success and not rely solely on traditional industry structures.
Nick Cannon opens up about his battle with lupus and how it has impacted his life. He credits his ex-wife Mariah Carey with saving his life during his struggles with the disease. Lupus nephritis, a form of lupus that affects the kidneys, has made Nick prioritize his health and make significant lifestyle changes. He emphasizes the importance of taking supplements, staying hydrated, and avoiding processed foods to manage lupus symptoms. Nick’s experience with lupus has made him realize the value of health and the need to prioritize self-care.
Nick Cannon’s journey from accidental entrepreneur to building a billion-dollar business is filled with valuable lessons. He emphasizes the importance of hard work, optimism, creativity, and owning intellectual property. Nick’s battle with lupus has made him prioritize health and appreciate the support of loved ones. Through his experiences, he continues to give back and provide opportunities for aspiring artists. Nick’s story serves as an inspiration for those looking to overcome obstacles, find success on their own terms, and prioritize their well-being.