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LAS VEGAS, NV – APRIL 22: Television personality Kylie Jenner throws candies in the air while she poses inside Sugar Factory American Brbaderie at Fashion Show Mall April 22, 2017 in Las Vegas, Nevada. (Photo by Ethan Miller / Getty Images)
Thus, Forbes publishes a profile of Kylie Jenner claiming that she can become "the youngest self-made billionaire ever" and the internet brings back because She is a Kardashian and, in at least one person's words, has had an "incredible lead". History has made me think: I wonder what will be the legacy of Kylie Jenner ?
Kylie turns 21 This year, she has already ambaded a fortune estimated at $ 900 million by Forbes, including her cosmetics Kylie Cosmetics, estimated at $ 800 million, but despite its success, Kylie is the object a lot of mockery. the Kardashian clan, Kylie basically grew up in the public eye. It was only 10 years old when The reality show that really catapulted the Kardashians to world fame was broadcast for the first time . The Kardashians have always been a family criticized as " famous for being famous ", a phrase meant to suggest that a person has achieved fame without having any particular skill or talent, or without having personally accomplished some anything of any relevance. Will the "Famous Celebration" cloud forever weigh on Kylie's head? Despite all the money she earns, Kylie's legacy will ultimately be a young reality TV that has made her celebrity a quick hit by selling products. beauty to the mbades?
it is that everything depends on Kylie and the choices she made to build her heritage. The problem is that most celebrities like Kylie do not have an inheritance plan. They do not have master plan or architecture necessary to allow celebrity to be intentional and helpful in building the legacy that they desire. Instead, the goal is purely to make money a lot money. Why? Because the entertainment industry is just a case. He is there to do business, make deals and earn money. There is no fault or shame – Kylie's lawyers, agents, managers, business leaders, etc., do a good job because they bring him a lot of money. # 39; money. However, people in the entertainment business are not in the business of planning for the inheritance. It 's not what they think, it' s not the way they are trained, and it 's certainly not the way they are paid. Quite simply, it's not their job, so do not blame them for that. Talk to any entertainment professional about "legacy" and they will begin almost immediately to use the word "brand". The two are completely different, but that's how the entertainment world views talent as a commodity or a brand. Not that there is something wrong with that (to quote Seinfeld ). Understand me please, there is absolutely nothing wrong with making a lot of money – I am not judgmental about anyone making an honest dollar. However, money without direction or application is worthless and, more importantly, potentially dangerous.
The main difference between a brand and an inheritance is highlighted by the quotation from Sarah Jindal of Mintel in Forbes' profile of Kylie Jenner. Referring to Kylie Cosmetics (Kylie cosmetics company) and KKW Beauty (sister cosmetic company Kim), she says, "They're not trying to be durable brands … In a few years I would not be surprised if she was on something else. When you exploit your name, you can turn it into anything you want to sell. "The author immediately follows the quote in his last paragraph with a question:" When can you make money so quickly, who needs a big exit? . This is exactly true for brands, but not for inheritances. Unlike a brand, your inheritance is by definition maintained for at least your entire life (if it's not anymore). Although your heritage may change over time, there is no other thing to do. You only have a life, an inheritance. Unlike any brand that can be part of your heritage, there is absolutely no way out of your heritage. You simply can not escape who you are. Having said that, you can definitely be strategic in creating your life and becoming the person you want to become, which will be the legacy that you will leave behind. That's true legacy planning – creating a plan, implementing a vision, fulfilling a life lived intentionally with intent and direction.
I am intrigued by Kylie Jenner's legacy. Before the age of 21, she reached world fame and total financial freedom to do what she wants. For my part, I can not wait to see what she chooses to do with this freedom. Will she appear as a serious business mogul overseeing a vast empire of media and beauty? Will it become a symbol of women's empowerment and entrepreneurship? Will she be an actress and a media personality? Will she retire into a quiet family life, outside the eyes of the public? Will she ever overcome the stigma of being "famous for being famous?"
DISCLAIMER: The information contained in this article is for informational purposes only and is not, and should not be, taken as legal advice on a particular set of facts or circumstances. You must contact a licensed attorney in your jurisdiction for advice on specific legal issues.
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LAS VEGAS, NV – APRIL 22: Television personality Kylie Jenner throws candies in the air inside the Sugar Factory American Brbaderie at the Fashion Show mall on the 22nd April 2017 in Las Vegas, Nevada. (Photo by Ethan Miller / Getty Images)
So, Forbes publishes a profile of Kylie Jenner claiming that she can become "the youngest self-taught billionaire ever" and l & # 39; The internet is rampant because she's a Kardashian and, in at least one person's words, has had an "incredible lead." The story has made me think: I wonder what will be Kylie Jenner's legacy
Kylie will turn 21 this year, and she has already ambaded an estimated $ 900 million fortune from Forbes, including her cosmetics company Kylie Cosmetics, estimated at $ 800 million, but despite its success, Kylie is the subject of a lot of ridi As a Kardashian member of the clan, Kylie grew up in the public eye. It was only 10 years old when The reality show that really catapulted the Kardashians to world fame was broadcast for the first time . The Kardashians have always been a family criticized as " famous for being famous ", a phrase meant to suggest that a person has achieved fame without having any particular skill or talent, or without having personally accomplished some anything of any relevance. Will the "Famous Celebration" cloud forever weigh on Kylie's head? Despite all the money she earns, Kylie's legacy will ultimately be a young reality TV that has made her celebrity a quick hit by selling products. beauty to the mbades?
it is that everything depends on Kylie and the choices she made to build her heritage. The problem is that most celebrities like Kylie do not have an inheritance plan. They do not have master plan or architecture necessary to allow celebrity to be intentional and helpful in building the legacy that they desire. Instead, the goal is purely to make money a lot money. Why? Because the entertainment industry is just a case. He is there to do business, make deals and earn money. There is no fault or shame – Kylie's lawyers, agents, managers, business leaders, etc., do a good job because they bring him a lot of money. # 39; money. However, people in the entertainment business are not in the business of planning for the inheritance. It 's not what they think, it' s not the way they are trained, and it 's certainly not the way they are paid. Quite simply, it's not their job, so do not blame them for that. Talk to any entertainment professional about "legacy" and they will begin almost immediately to use the word "brand". The two are completely different, but that's how the entertainment world views talent as a commodity or a brand. Not that there is something wrong with that (to quote Seinfeld ). Understand me please, there is absolutely nothing wrong with making a lot of money – I am not judgmental about anyone making an honest dollar. However, money without direction or application is worthless and, more importantly, potentially dangerous.
The key difference between a brand and an inheritance is highlighted by the quotation from Sarah Jindal of Mintel in Forbes' profile of Kylie Jenner. Referring to Kylie Cosmetics (Kylie cosmetics company) and KKW Beauty (sister cosmetic company Kim), she says, "They're not trying to be durable brands … In a few years I would not be surprised if she was on something else. When you exploit your name, you can turn it into anything you want to sell. "The author immediately follows the quote in his last paragraph with a question:" When can you make money so quickly, who needs a big exit? . This is exactly true for brands, but not for inheritances. Unlike a brand, your inheritance is by definition maintained for at least your entire life (if it's not anymore). Although your heritage may change over time, there is no other thing to do. You only have a life, an inheritance. Unlike any brand that can be part of your heritage, there is absolutely no way out of your heritage. You simply can not escape who you are. Having said that, you can definitely be strategic in creating your life and becoming the person you want to become, which will be the legacy that you will leave behind. That's true legacy planning – creating a plan, implementing a vision, fulfilling a life lived intentionally with intent and direction.
I am intrigued by Kylie Jenner's legacy. Before the age of 21, she reached world fame and total financial freedom to do what she wants. For my part, I can not wait to see what she chooses to do with this freedom. Will she appear as a serious business mogul overseeing a vast empire of media and beauty? Will it become a symbol of women's empowerment and entrepreneurship? Will she be an actress and a media personality? Will she retire into a quiet family life, outside the eyes of the public? Will she ever overcome the stigma of being "famous for being famous?"
DISCLAIMER: The information contained in this article is for informational purposes only and is not, and should not be, taken as legal advice on a particular subject. set of facts or circumstances. You must contact a licensed attorney in your jurisdiction for advice on specific legal issues.
