Popular music executive and producer Michael Collins Ajereh, popularly known as Don Jazzy, has advised young people against squandering their early earnings on frivolous activities.
The MAVIN boss shared this counsel during a recent appearance on the On The Grind podcast.
Don Jazzy recounted his own experience with his first major music paycheck, revealing that he initially lavished it on 50 bottles of champagne during a night out.
The music executive stated that he quickly adjusted his mindset and instead invested the money into signing new artistes. He noted that this strategic pivot has placed him in a position where he no longer has to work.
The producer urged the youth to prioritize smart investments, stressing that the money made in one's youth should be channeled into lucrative businesses rather than wasted.
Accoring to Don Jazzy, investing in a record label is not the only path, but choosing a profitable venture over wasteful spending is crucial.
He said:
"The first big money I got from music I lavished it. I bought 50 bottles of champagne and went clubbing. But I quickly coordinated myself and invested in signing new artistes. Now I don’t have to work ever again."
"You don't necessarily have to invest in a record label, but the money you are making in your youth, invest it in a lucrative business as opposed to wasting it on frivolities."



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