Meek Mill, 32, is on a mission and he doesn’t seem to be slowing down any time soon. The Philly MC and activist for criminal justice reform is now adding corporate ownership to his wheelhouse as co-owner of sports apparel retailer Lids, reported Rap-Up.
Lids is the largest retail seller of hats and licensed sports products in North America. In an exclusive interview with Business Insider, Mill said he was inspired by billionaire hip-hop mogul Jay-Z to invest and Lids seemed like a great company to do so.
“I’ve been shopping at Lids my whole life, wearing hats, fitteds, of course, fitted hats and caps, all types of hats. In our culture, it’s been a big thing. So, it was something I ain’t have to think twice about and always believed in, that it’ll work.,” Mill said.
Listen to GHOGH with Jamarlin Martin | Episode 54: Frederick Hutson, PT 2 Part 2:
Jamarlin talks to justice-tech pioneer Frederick Hutson, who founded Pigeonly to create communications products for inmates and their families. They discuss how he raised capital, the importance of focus, and spending too much time perfecting the product before launch. They also discuss Jay-Z’s blueprint for parting ways with team members via his break-up with Damon Dash.
Real name Robert Williams, Mill said he has ”studied” fellow Reform Alliance founder Jay-Z’s road to being a billionaire.
“He’s just a different type of guy. He’s about his business. He’s never late, he’s on point. He’s checking on his business every chance he gets. Basically, I’ve seen Jay-Z, and then I’ve watched other artists who came up around his time. He actually built something. He built businesses, and he built things that made him become the man who he is, that we could call a billionaire guy. He built that, and I watched that, and I studied that. That’s why I’m working the way I’m working now to build a foundation for myself too.”
As co-owner, Mills will also lead the company’s creative strategy and release a limited-edition collection of hats for Lids in August, People reported. Mills also has an upcoming docuseries entitled Free Meek due to be released on Amazon in August.
“You know, this is my boss year. A lot of what I’m doing, I’m trying to get ownership in a lot of things to where I can still live comfortable the way I was living in my prime years as a rapper. I’m just trying to build a foundation of some good businesses that’ll keep me living good,” Meek said.