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: Eazy E
Famous quotes containing the words early life, early, life, ruthless, records and/or investment:
“... business training in early life should not be regarded solely as insurance against destitution in the case of an emergency. For from business experience women can gain, too, knowledge of the world and of human beings, which should be of immeasurable value to their marriage careers. Self-discipline, co-operation, adaptability, efficiency, economic management,if she learns these in her business life she is liable for many less heartbreaks and disappointments in her married life.”
—Hortense Odlum (1892?)
“I could be, I discovered, by turns stern, loving, wise, silly, youthful, aged, racial, universal, indulgent, strict, with a remarkably easy and often cunning detachment ... various ways that an adult, spurred by guilt, by annoyance, by condescension, by loneliness, deals with the prerogatives of power and love.”
—Gerald Early (20th century)
“His life was a sort of dream, as are most lives with the mainspring left out.”
—F. Scott Fitzgerald (18961940)
“This is a ruthless world and one must be ruthless to cope with it.”
—Charlie Chaplin (18891977)
“Better the rudest work that tells a story or records a fact, than the richest without meaning.”
—John Ruskin (18191900)
“The only thing that was dispensed free to the old New Bedford whalemen was a Bible. A well-known owner of one of that citys whaling fleets once described the Bible as the best cheap investment a shipowner could make.”
—For the State of Massachusetts, U.S. public relief program (1935-1943)