Mr. Eric Eazy-E Wright - Early Life and Ruthless Records Investment

Early Life and Ruthless Records Investment

Eric Wright was born to Richard and Kathie Wright on September 7, 1963, in Compton, California, a Los Angeles suburb notorious for gang activity and crime. His father was a postal worker and his mother was a grade school administrator. Wright dropped out of high school in the tenth grade, but later received a high-school general equivalency diploma (GED).

No one survived on the streets without a protective mask. No one survived naked. You had to have a role. You had to be "thug," "playa," "athlete," "gangsta," or "dope man." Otherwise, there was only one role left to you. "Victim."

“ ” Jerry Heller on Eazy-E being a "dope man" and "thug"

Wright supported himself primarily by selling drugs. Wright's friend Jerry Heller admits that he witnessed Wright selling marijuana, but says that he never saw him sell cocaine. As Heller noted in his book Ruthless: A Memoir, Wright's "dope dealer" label was part of his "self-forged armor". Wright was also labeled as a "thug". Heller explains: "The hood where he grew up was a dangerous place. He was a small guy. 'Thug' was a role that was widely understood on the street; it gave you a certain level of protection in the sense that people hesitated to fuck with you. Likewise, 'dope dealer' was a role that accorded you certain privileges and respect."

In 1986, at the age of 23, Wright had allegedly earned as much as USD $250,000 from dealing drugs. However, he decided that he could make a better living in the Los Angeles hip-hop scene, which was growing rapidly in popularity. He started recording songs during the mid-1980s in his parent's garage.

The original idea for Ruthless Records came when Wright asked Heller to go into business with him. Wright suggested a half-ownership company, but it was later decided that Wright would get eighty percent of the company's income, and Heller would only get twenty percent. Heller said to Wright, "Every dollar comes into Ruthless, I take twenty cents. That's industry standard for a manager of my caliber. I take twenty, you take eighty percent. I am responsible for my expenses, and you're responsible for yours. You own the company. I work for you." Along with Heller, Wright invested much of his money into Ruthless Records. Heller claims that he invested the first $250,000, and would eventually put up to $1,000,000 into the company.

Read more about this topic:  Mr. Eric Eazy-E Wright

Famous quotes containing the words early, life, ruthless, records and/or investment:

    Early to bed, early to rise, work like hell and organize.
    Albert Gore, Jr. (b. 1948)

    There must be a world revolution which puts an end to all materialistic conditions hindering woman from performing her natural role in life and driving her to carry out man’s duties in order to be equal in rights.
    Muammar Qaddafi (b. 1938)

    We have nothing to fear from our foes; God keeps a standing army for that service; but we have no ally against our Friends, those ruthless Vandals.
    Henry David Thoreau (1817–1862)

    My confessions are shameless. I confess, but do not repent. The fact is, my confessions are prompted, not by ethical motives, but intellectual. The confessions are to me the interesting records of a self-investigator.
    W.N.P. Barbellion (1889–1919)

    There is something fascinating about science. One gets such wholesale returns of conjecture out of such a trifling investment of fact.
    Mark Twain [Samuel Langhorne Clemens] (1835–1910)