Ludacris, who is 14 years and seven solo studio albums into a critically acclaimed career, was recently honored with the President’s Award at the BMI R&B Hip Hop Awards.

When Ludacris looks back on the path he’s traveled during his career, the Atlanta rapper says he finds many things he’s learned from.

“That journey is a lot of ups and downs,” Ludacris says in an interview with HipHopDX. “A lot of mistakes, learning from those mistakes, being in and out of groups and being in bad contracts…Just learning from everything. I think experience is the best teacher.”

In 2000, Ludacris released his first major label album, Back For The First Time, an effort that features “Ho,” “Southern Hospitality” and “What’s Your Fantasy.”

Since then, Ludacris has released 2001’s Word Of Mouf, 2003’s Chicken-N-Beer, 2004’s Red Light District, 2006’s Release Therapy, 2008’s Theater Of The Mind and his most recent project, 2010’s Battle Of The Sexes.

So, how does Ludacris feel to be given the President’s Awards for his work as a musician and philanthropist with The Ludacris Foundation?

“To be here [14] years after my first album came out, being honored is a humbling experience,” Luda says.

Ludacris Says He’s “Just Getting Started” As He Prepares Ludaversal

However, he doesn’t look at it as a milestone that marks the end of his career.

“I still feel like I’m just getting started,” he says. “It’s a lot more to come. We will be back. Album eight coming soon.”

Album eight is Ludaversal and soon might be November. Luda recently referred to the project as “emotional.”

“I can definitely tell you in a nutshell there are a bunch of songs that define moments and are very emotional just for the simple fact this will be my most personal album to date in terms of talking about a lot of things that have gone on in my life and just really diving into who Chris Bridges is as a person,” Luda recently told Billboard. “So that’s what Ludaversal is all about, it’s, ‘Welcome to my world, this is where I live, this is what I go through on a day-to-day basis.'”

RELATED: Ludacris Says “Ludaversal” Is Slated For November, Calls Album Very Emotional