Photo by David Becker/Getty Images via ABCIt’s been said that a mind is a terrible thing to waste, and Forbes‘ Greatest Living Business Minds list is proof that some musical icons have used their brains to make some major bank.
Among the list of entrepreneurs and visionaries on Forbes’ list are Russell Simmons, Motown founder Berry Gordy Jr. and Sean “Diddy” Combs.
Each of the entertainment moguls gives their two cents about topics relating to important business practices — Diddy gives advice on customer service, for example.
The Bad Boy Records founder tells Forbes, “I’ve always understood that if I give the customers my best and service them differently, whether music, clothing or vodka, I’ll get my return on my hard work.”
Gordy Jr. gives his thoughts about unity, as he recalls a time when late civil rights activist Dr. Martin Luther King Jr. once visited him in Detroit.
Gordy says of Dr. King’s visit, “I was, of course, honored. He said, ‘What I’m trying to do politically and intellectually, you’re doing with your music. I love the feeling people get when they hear your music.'”
“That was the biggest compliment that I could think of. It just goes to show that if you do the right thing, the right thing will come to you,” Gordy adds.
Simmons, on the other hand, reflects on the importance of finding a mentor within. “The self is the greatest teacher,” he adds. “The more you dig, the more you learn. So the self-discovery is your journey.”
Shonda Rhimes and Oprah Winfrey also made Forbes’ Greatest Living Business Minds list, along with Facebook founder Mark Zuckerberg, fashion designer Giorgio Armani, billionaire investor Warren Buffett and Spanx founder and CEO Sara Blakely.
For the complete tally of names, visit forbes.com.
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