When speaking to Grammy U, Russell Simmons dropped a lot knowledge on the music industry, including on what it takes to be a star in the industry. "Being a music star is a lot more than selling records. If selling records was what the music business about, they would all move on to something else. [Music stars] not counting their royalties as their income. They're counting all of the things they influence, all the multi-billion dollar businesses they're branding and building and affecting."

Check out the video above to hear some other worthwhile nuggets from one of the legends in the music industry.

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