In his latest conversation with Dr. Boyce Watkins, Dame Dash explained the failure of Roc-a-Fella Records’ “Circle Of Success.” The “Circle Of Success” as Dame describes, was an agreement based on the idea that everyone within their circle would be come rich. Once everyone within the the circle was rich, then everyone would be able to assist anyone who should fall on tough financial times.

“I explained it in Backstage,” Dame Dash says. “Let’s say there’s 10 of us. Part of our agenda was to get all 10 of us rich because if I go broke, I can just take a little from each of you without it hurting you and now I’m rich again. Let’s say it’s 10 of us and I need $1 million. $100,000 from each person and I’m a millionaire all over again and everyone else only had to give up $100,000. That’s nothing that’s gonna crack you. The biggest form of security was to keep your friends rich because whenever you need them, they’d be there for you. It’s crazy because I was thinking about how many of my friends really subscribe to that. It ended up being a fucking farce. None of them [subscribed to it]. I went down for that.”

Dame mentions that Jay Z described the concept on Reasonable Doubt’s, “Feelin’ It,” but later states that Hov never really believed in the idea. He says he doesn’t do business with Kevin Hart, Lee Daniels or Rachel Roy because they do not believe in the principles of the “Circle Of Success.”

“I think my problem was that when you’re the breadwinner around your crew, you’re always expected to be the only one to have a lot of money and no one expects they’re ever going to have it,” he says. “Everyone has a timing issue or makes a wrong move at some point in life. It happens at all times. A lot of the people you give to, they’re just never ready to give back. They’re never ready to be exposed. They’re always looking at it like, ‘I gotta keep all I got.’ Even though you helped them get it, they still don’t want to give it up. It’s a concept that’s really hard for the average human being. If you listen to Reasonable Doubt, Jay Z makes reference to it on the record called ‘Feelin It.’ He says, ‘If every nigga in your clique is rich, your clique is rugged / Nobody will fall because everyone will be each other’s crutches.’ Listen to it one day. But he didn’t believe in it.

“Put it like this, do you see me doing any business with Kevin Hart? With Lee Daniels? Jay Z? With Rachel Roy? None of them.”

Let us know what you think of the concept behind Dame Dash’s “Circle Of Success.” For more on Dame Dash, view the following DX Daily: