Podcasts > The Diary Of A CEO with Steven Bartlett > Kevin Hart: They're Lying To You About How To Become A Millionaire! I Was Doing 28 Sets A Weekend!

Kevin Hart: They're Lying To You About How To Become A Millionaire! I Was Doing 28 Sets A Weekend!

By Steven Bartlett

In this episode of The Diary Of A CEO, Kevin Hart shares his journey from Philadelphia to Hollywood, detailing his early days of performing up to 28 comedy sets per weekend and the life lessons learned from his mother, including a pivotal teaching about persistence involving rent checks hidden in a Bible. Hart explains how mentors like Chris Rock shaped his approach to comedy and how he developed his philosophy on failure and growth.

The conversation explores Hart's expansion beyond comedy into entrepreneurship through his production company and venture capital firm, Heartbeatventures. Hart discusses his approach to building and managing his business empire, including lessons learned from figures like Jay-Z and Michael Rubin. The episode also covers Hart's perspectives on modern masculinity and his methods for maintaining work-life balance while running multiple ventures.

Kevin Hart: They're Lying To You About How To Become A Millionaire! I Was Doing 28 Sets A Weekend!

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Kevin Hart: They're Lying To You About How To Become A Millionaire! I Was Doing 28 Sets A Weekend!

1-Page Summary

Kevin Hart's Personal Background and Early Career Journey

Kevin Hart's journey began in Philadelphia, where he was raised by a strict mother, Nancy, who tightly controlled his activities to prevent him from following his older brother's path into crime and drugs. Despite initially rebelling against these restrictions, Hart found his way through various jobs, including retail work at City Sports.

Encouraged by friends who recognized his natural humor, Hart discovered his passion for stand-up comedy. His dedication led him to drive from Philadelphia to New York daily, performing up to 28 sets per weekend. This commitment eventually prompted his move to Hollywood to pursue bigger opportunities in entertainment.

Hart's Philosophy on Success and Persistence

Hart credits his mother with instilling in him the importance of perseverance, sharing a memorable lesson involving rent checks hidden in a Bible. This teaching helped shape his approach to challenges, refusing to give up despite doubts and obstacles. Hart emphasizes that failure is essential for growth, pointing to his own experiences in comedy and the valuable lessons learned from setbacks.

Chris Rock's advice to make the world laugh, not just a specific community, helped broaden Hart's perspective. Hart also stresses the importance of completing projects rather than continuously starting new ones, citing this as crucial to mastering his craft in stand-up comedy.

Hart's Shift to Entrepreneurship and Building an Empire

Hart has strategically expanded beyond comedy by establishing a production company and creating "Heartbeatventures," a venture capital firm. Steven Bartlett notes Hart's investments in companies like Function of Beauty and Eleven Labs, demonstrating his diverse business interests.

In managing his empire, Hart emphasizes the importance of effective communication, patience, and emotional detachment in decision-making. He credits his success to his willingness to learn from others, including figures like Jay-Z and Michael Rubin, and his ability to delegate to talented team members.

Men's Challenges In Maintaining Work-Life Balance

Hart discusses the complexities of modern masculinity, describing the challenge men face in balancing emotional openness with the risk of judgment. He approaches this by focusing on being a role model for his sons, emphasizing accountability and emotional intelligence while maintaining strength and resilience.

In managing his demanding career, Hart stresses the importance of setting boundaries and periodic disconnection for self-care. He aims to balance his professional pursuits with family time, envisioning success as the ability to maintain sustainable income while enjoying life's simple aspects with his family.

1-Page Summary

Additional Materials

Clarifications

  • Kevin Hart's mother's strictness was crucial in steering him away from a dangerous lifestyle. His older brother was involved in crime and drugs, which posed a significant risk to the family. Nancy's control aimed to protect Kevin from similar pitfalls by enforcing discipline and boundaries. This contrast highlights the impact of parental guidance in shaping different life outcomes within the same family.
  • Performing many sets in a short time helps comedians quickly test and refine their material based on audience reactions. It builds stage presence, timing, and confidence essential for success. Frequent performances also increase exposure to different audiences and networking opportunities. This intense practice is crucial for mastering the craft and accelerating career growth.
  • Chris Rock is a highly respected comedian known for his sharp social commentary and broad appeal. His advice to Kevin Hart encouraged Hart to create comedy that resonates with a wide, diverse audience rather than just a specific group. This guidance helped Hart expand his fan base and achieve mainstream success. It shifted Hart’s focus from niche humor to universally relatable content.
  • A venture capital firm invests money in early-stage companies with high growth potential in exchange for equity. It provides startups with funding, guidance, and resources to help them grow. Heartbeatventures, as Kevin Hart's firm, likely focuses on identifying and supporting innovative businesses. This type of firm aims to generate returns by helping startups succeed and increase in value.
  • Function of Beauty is a personalized hair and skincare brand known for its customizable products. Eleven Labs is a technology company specializing in advanced AI-driven voice synthesis. Kevin Hart's investments in these companies show his interest in innovative, consumer-focused businesses beyond entertainment. This diversification helps build a broader, more resilient business portfolio.
  • Jay-Z is a renowned rapper and successful entrepreneur known for building a diverse business empire, including music, fashion, and sports management. Michael Rubin is a prominent entrepreneur and co-founder of Fanatics, a major sports merchandise company. Both serve as role models for Hart by demonstrating strategic investment, brand building, and leadership. Their influence helps Hart adopt a long-term, diversified approach to growing his business ventures.
  • Men often face societal pressure to appear strong and unemotional, which can discourage them from expressing feelings openly. Traditional norms equate masculinity with toughness, making vulnerability seem like a weakness. This conflict can lead to emotional suppression, impacting mental health and relationships. Changing these norms requires promoting emotional intelligence and redefining strength to include openness.
  • Balancing professional success with personal life means managing work demands without sacrificing family time or personal well-being. It requires setting clear boundaries to prevent work from overwhelming private life. This balance helps maintain mental health and strong relationships. For someone like Hart, it involves intentional scheduling and prioritizing both career goals and family moments.

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Kevin Hart: They're Lying To You About How To Become A Millionaire! I Was Doing 28 Sets A Weekend!

Kevin Hart's Personal Background and Early Career Journey

Kevin Hart's history showcases a transformation from a tough upbringing in Philadelphia to discovering his passion for stand-up comedy, surmounting challenges, and pursuing his aspirations with relentless dedication.

Hart's Tough Philadelphia Upbringing With Absent Father and Strict Mother

Kevin Hart’s mother, Nancy, was very strict, due in part to her experiences with Hart's older brother, who was involved in minor crimes and drugs. This pattern of behavior by his brother led Nancy to limit Kevin’s freedoms, insisting on control over his school and extracurricular activities, which led Kevin to rebel.

Hart's Mother Was Determined to Prevent Him From Repeating His Brother's Mistakes Involving Drugs and Crime

Nancy Hart took a tough stance to prevent Kevin from following in his brother's footsteps. The strictness of his upbringing is exemplified by Hart’s lack of privacy at home—he shared a bunk bed in a hallway with his brother—and the restrictions imposed on him by his mother.

Teenager Hart Rebelled Against Limited Opportunities and Freedoms From His Mother, Not Fully Utilizing School and Extracurriculars

Due to his mother's restraints, Kevin yearned for the luxury of hanging out, but he could not because of her tight control. This led him to waste opportunities in school and other spheres where his mother had authority.

Hart Took a Conventional Path, Working Retail and Struggling to Find His Calling

After not applying himself in school and feeling lost about his career path, Kevin Hart found work in various jobs, like being a lifeguard and later at City Sports, where he excelled in sneaker sales.

Encouraged by Friends, Hart Discovers a Passion For Stand-Up

Encouraged by friends and colleagues who recognized his humor and personality, Hart tried his hand at stand-up comedy. After an amateur night performance, he fell in love with the art of stand-up and the idea of being a source o ...

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Kevin Hart's Personal Background and Early Career Journey

Additional Materials

Actionables

  • Turn your commute into a learning lab by listening to educational content or practicing a skill like a foreign language or public speaking. For example, if you spend an hour on the train every day, use that time to listen to language learning podcasts or record yourself practicing a speech, then listen back to critique and improve your delivery.
  • Create a "skill swap" group with friends or colleagues where each person teaches something they're good at. This could be anything from cooking a signature dish to basic coding. Meet once a month, with a different person leading each session, to diversify your skills and discover potential passions or career paths you hadn't considered.
  • Start a "micro-challenge" habit where you dedicate 15 mi ...

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Kevin Hart: They're Lying To You About How To Become A Millionaire! I Was Doing 28 Sets A Weekend!

Hart's Philosophy on Success and Persistence

Kevin Hart shares insights into his journey of persistence and perseverance, shaped significantly by lessons from his mother and the challenges he faced during his ascent in the comedy world.

Hart's Mother Emphasized Perseverance Despite Challenges

Kevin Hart speaks fondly of the influence his mother had on his work ethic and approach to life's challenges. She taught him that perseverance and hard work were essential for reaching his goals. One particularly poignant lesson involved a Bible, where his mother had hidden rent checks for Hart to find, symbolizing the importance of perseverance and honesty. As he matured, Hart realized the value of not quitting on his endeavors and acknowledged his mother's wisdom.

Even during tough times when faced with doubt, Hart refused to give up. Seizing lessons on perseverance from his mother, particularly an anecdote involving rent checks hidden in a Bible, he presses on with the conviction that he had to make comedy work, propelling him to perform numerous sets a weekend and work tirelessly for a long time.

Refusing to Give Up Despite Doubt Led To Hart's Breakthrough

Hart's refusal to give up despite encountering obstacles was key to his breakthrough in comedy, leading to industry recognition, meetings, and a holding deal. He was determined to see the "sun at the end of this dark tunnel," showing persistence through uncertainty and relocating to make his dreams work. He was inspired by others' success, like a comedian's performance at the BET Comedy Awards, and realized the importance of being prepared for when his moment came.

Failure Fuels Success; Learning From Mistakes Drives Growth

Kevin Hart expounds on his belief that success is not possible without failure. He views failure as an opportunity for valuable lessons and adjustments that help improve one's approach. Witnessing other comedians' successes, like the Shaq's All Star Comedy Jam, was a pivotal moment that proved persistence and learning from experiences over time lead to opportunities. The subsequent success of his comedy special "Seriously Funny," bolstered by his performance at the Jam, underscored the importance of being ready for opportunities.

Hart Valued Finishing Projects Over Continuously Beginning New Ones

Hart, reflecting back on his journey, recogni ...

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Hart's Philosophy on Success and Persistence

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Counterarguments

  • While perseverance and hard work are often essential for success, it's also important to recognize when a particular path may not be the right one. Sometimes, strategic quitting or pivoting can be more beneficial than persisting with something that isn't working.
  • The narrative that failure is necessary for success can be misleading. While failure can indeed provide valuable lessons, it is not the only teacher, and success can also come from careful planning and risk management that avoids failure.
  • The emphasis on finishing what one starts is generally sound advice, but there are circumstances where it might be more practical or necessary to leave projects unfinished, especially if continuing would lead to significant negative consequences or opportunity costs.
  • The idea that one should aim to make the world laugh, as advised by Chris Rock, might not resonate with every comedian or artist whose work may be more niche or culturally specific. Success and impact can also be achieved by focusing on particular communities or themes.
  • Hart's philosophy seems to suggest a linear progression of learning from failure to achieving success, but in reality, many people experience success and failure as non-linear, ...

Actionables

  • You can create a "Persistence Journal" to document your daily efforts and reflect on the progress you've made toward your goals. Each day, write down what you did to move closer to your objectives, how you felt during the process, and what you learned from any setbacks. This practice will help you visualize your perseverance and learn from your experiences, much like reviewing past performances to prepare for future opportunities.
  • Start a "Completion Challenge" where you commit to finishing a specific project or task you've been putting off. Set a deadline, break the project into manageable steps, and track your progress. Celebrate small milestones to keep motivated. This mirrors the importance of finishing what you start, as it can lead to new opportunities and personal growth.
  • Engage in "Opportu ...

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Kevin Hart: They're Lying To You About How To Become A Millionaire! I Was Doing 28 Sets A Weekend!

Hart's Shift to Entrepreneurship and Building an Empire

Kevin Hart talks about leveraging his celebrity status to create diverse business opportunities and revenue streams, establishing a vast network of ventures that secure his and his family's future.

Hart's Career Advanced With His Own Opportunities and Revenue Streams

Hart has strategically transitioned from comedy into a larger, entrepreneurial role. He created his own opportunities, establishing a production company and various ventures.

Hart Started a Production Company, Leveraging His Celebrity to Invest In Businesses and Forge Partnerships

Beginning with his production company, Hart expanded his influence by using his visibility and knowledge of the entertainment industry to venture into business rooms where he was less known. He aimed to bring value and amplify products and brands. Hart's growing prominence opened doors for conversations and partnerships in diverse sectors like mental health, wellness, and education.

Steven Bartlett mentions Hart's investments in companies like Function of Beauty and Eleven Labs, which show Hart's depth of involvement in the business world. Expanding beyond a production company, Hart created "Heartbeatventures," a venture capital firm.

Hart's Strategy: Build a Diverse Ecosystem for Sustainable, Long-Term Income

Hart's strategic objective has been to construct an ecosystem that would create sustainable long-term revenue streams by embedding themselves into everyday life dynamics. He applies the lessons from his mother about finishing what’s started to ensure the success of his business endeavors.

Hart Stressed the Importance Of Having the Right Team and Letting Others Excel

Hart talks about the significance of finding the right team and the necessity of emotional detachment in business.

Key Elements For Managing a Growing Empire: Effective Communication, Patience, and Emotional Detachment in Decisions

Group collaboration has been a driving force behind Hart's ventures, allowing the pooling of multiple perspectives for greater benefits. Hart emphasizes effective communication and dialogue to manage different aspects of his business empire, ensuring vision alignment.

He believes in empowering independent artists to understand and create their own business successes and learning from larger companies to replicate their successful models at a scaled-down level.

Hart's Willingness to Learn From Others Was Key to His Success

The growth of Hart's empire has been bolstered by his willingness to admit what he didn't know, asking ...

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Hart's Shift to Entrepreneurship and Building an Empire

Additional Materials

Clarifications

  • A production company organizes and manages the creation of films, TV shows, or other media content. It handles tasks like financing, hiring talent, and overseeing the creative process. Production companies often develop original projects or produce content for other distributors. They serve as the central hub connecting creative ideas with business and technical execution.
  • A venture capital firm is a company that invests money in early-stage startups with high growth potential. It provides funding in exchange for equity, or partial ownership, in these companies. The firm also offers guidance and resources to help startups grow and succeed. Profits come when the startups become successful and increase in value.
  • Function of Beauty is a personalized hair and skincare brand known for its customizable products, representing Hart's interest in consumer-focused wellness businesses. Eleven Labs is a technology company specializing in advanced AI-driven voice synthesis, highlighting Hart's investment in innovative tech sectors. These companies illustrate Hart's strategy to diversify his portfolio across different industries beyond entertainment. Their inclusion shows his commitment to supporting cutting-edge and consumer-centric ventures.
  • "Embedding ventures into everyday life dynamics" means creating products or services that people use regularly, making the business a natural part of daily routines. This approach ensures consistent demand and steady revenue because the offerings become essential or habitual. It reduces reliance on trends or one-time sales by integrating deeply into consumers' lifestyles. Ultimately, it builds long-term financial stability through ongoing engagement.
  • Emotional detachment in business means making decisions based on facts and logic rather than personal feelings or biases. It helps leaders avoid impulsive choices that could harm the company. This approach allows for clearer judgment, especially in difficult or high-stakes situations. Ultimately, it supports objective evaluation and long-term success.
  • Independent artists can create their own business successes by treating their art as a brand and managing it like a business. This involves understanding marketing, building a loyal audience, and diversifying income streams such as merchandise, live performances, and digital content. They must also learn financial management and contract negotiation to protect their interests. Developing these skills allows artists to maintain control and grow sustainable careers without relying solely on traditional industry gatekeepers.
  • Verifying business deals through second checks means reviewing agreements carefully a second time to catch errors or overlooked details. This process helps prevent costly mistakes and ensures all terms are clear and fair. It often involves consulting legal or financial experts for an objective assessment. This diligence builds trust and reduces risks in business transactions.
  • Jay-Z is a rapper turned business mogul who built a diverse empire incl ...

Counterarguments

  • While leveraging celebrity status can be advantageous, it can also lead to overextension and dilution of personal brand if not managed carefully.
  • Transitioning from comedy to entrepreneurship might lead to challenges due to different skill sets required, and not all entertainers may successfully make this transition.
  • Investing in various sectors requires a deep understanding of each, and there's a risk that a celebrity may not have the necessary expertise to make informed decisions in all these areas.
  • The creation of a venture capital firm like "Heartbeatventures" involves significant risk, and success in the entertainment industry does not guarantee success in venture capital.
  • Building a diverse ecosystem for income may lead to complexity in management and a potential loss of focus on core competencies.
  • The strategy of embedding ventures into everyday life dynamics might not always resonate with consumers if they perceive it as too aggressive or invasive.
  • Emotional detachment in business can be beneficial for objectivity, but it may also hinder passion and commitment, which are often key drivers of entrepreneurial success.
  • Effective communication and patience are important, but they must be balanced with decisiveness and the ability to act swiftly in a fast-paced business environment.
  • Empowering independent artists and learning from larger companies is valuable, but it may not always be replicable on a smaller scale due to resource constraints.
  • Admitting knowledge gaps and learning from others is crucial, but it also requires the ability to critically evaluate and apply the adv ...

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Kevin Hart: They're Lying To You About How To Become A Millionaire! I Was Doing 28 Sets A Weekend!

Men’s Challenges In Maintaining Work-Life Balance

Kevin Hart candidly addresses the complexities of modern masculinity and the challenges men face in balancing their personal and professional lives.

Hart Highlights the Challenges of Modern Masculinity, Where Men Are Urged to Open Up Emotionally yet Risk Judgment

Kevin Hart speaks about the modern dilemma where men are encouraged to be more open and expressive, yet there is the underlying fear of being judged for showing vulnerability. Hart refers to these challenges as "extremely polluted waters," indicating the multitude of pressures facing men today. He discusses the unclear and evolving definition of what it means to be a good man and the stagnant conversation surrounding masculinity.

Hart Strives to Be a Role Model for His Sons, Focusing On Accountability, Responsibility, and Emotional Intelligence

Hart highlights the importance of leadership and accountability, mentioning his father's efforts to rectify past mistakes and become a better grandfather. This approach to openness and acknowledgment of error is something Hart sees as influential in his own life and potentially as a role model for his sons.

Hart Stresses Men's Need to Balance Emotions With Strength and Resilience

Despite the push for emotional openness, Hart recognizes the need for men to balance vulnerability with traditional notions of strength and resilience. He stresses the importance of expressing emotions strategically while being aware of an environment that could exploit perceived weaknesses.

Hart Struggles With Work Demands Impacting Mental Health and Relationships

Hart indicates that the intense pursuit of his career has taken a toll on his personal life, including his relationships and mental health. However, no specific strategies to handle these challenges were discussed in the provided extract.

Hart Values Boundaries, Periodic Disconnection, and Self-Care to Prevent Burnout

Hart discusses the importance of setting boundaries to manage stress and prevent burnout. He mentions detaching fro ...

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Men’s Challenges In Maintaining Work-Life Balance

Additional Materials

Counterarguments

  • While Hart emphasizes the importance of emotional openness, some might argue that the concept of strength and resilience can also include the capacity to be vulnerable without necessarily having to balance it with traditional notions of stoicism.
  • The idea that men fear judgment for showing vulnerability might be countered by the perspective that societal norms are shifting, and in many communities, emotional expression by men is becoming more accepted and encouraged.
  • The notion of setting boundaries and disconnecting to manage stress could be critiqued by pointing out that not all men have the privilege or ability to set such boundaries due to economic or social constraints.
  • Hart's approach to being a role model for his sons by focusing on accountability and emotional intelligence could be seen as a narrow view of role modeling that may not address the diverse ways in which men can inspire and guide the next generation.
  • The strategy of detaching from technology as a means to prioritize well-being might be challenged by the argument that technology can also be a tool for connecting with ...

Actionables

  • You can create a "Masculinity Book Club" with friends or colleagues to explore and discuss different perspectives on modern masculinity. Choose books that tackle the subject from various angles, including emotional intelligence, leadership, and work-life balance. This will provide a safe space for open conversation and personal growth.
  • Start a weekly "Unplug Ritual" where you dedicate a specific time to disconnect from all technology and work-related tasks. Use this time to engage in activities that promote well-being, such as meditation, a hobby, or quality time with loved ones. This practice helps establish boundaries and reduces the risk of burnout.
  • Develop a "Family Goals Ch ...

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