Larry June, born Larry Hendricks III, is a San Francisco-based music artist and businessman who has achieved success across multiple industries. Known for his forward-thinking approach and emphasis on longevity, Larry uses this strategy to build and sustain his diverse ventures. One of his most recognizable brands is his line of oranges, a unique trademark that follows him throughout his various business endeavors.
As an independent artist, Larry June has achieved monumental success without the backing of major labels or influential figures in the music industry. His journey is a testament to the power of self-reliance and authenticity, serving as both an inspiration and a valuable lesson for creatives, artists, and entrepreneurs aiming for high-level success. By staying true to himself and avoiding the pitfalls of corporate politics, Larry June exemplifies how it is possible to thrive independently and maintain artistic integrity.
Larry June consistently delivers quality music, a testament to his impressive work ethic that has seen him release over 20 projects. This dedication has earned him widespread respect in the industry and he accumulated over $1.5 million in earnings. Remarkably, this achievement is even more impressive considering he has taken the independent route after being dropped from Warner Records.
Beyond his music, Larry June has diversified his income through various business ventures and investments, further solidifying his financial stability and success. Join us as we explore how Larry June's multifaceted approach has led him to become a notable figure in both the music industry and the entrepreneurial world.
This independent approach allowed Larry June to own his masters and eventually earn more by tackling the industry with just himself and his dedicated team, The Free Minded. Projects such as “The Great Escape,” “The Nightshift,” and “Spaceships On The Blade” not only showcased his talent but also helped him build a loyal fan base and generate millions of dollars in revenue.
However, in the beginning, music was not very profitable for Larry. Faced with financial challenges, he had to get creative and find new ways to make money, demonstrating his hustler spirit. Since he wasn’t getting booked for shows or making significant income from streams, Larry started hosting his own pop-up shows. He performed for free at these events, capitalizing on the opportunity to sell merchandise and orange juice to attendees.
Larry maintained this approach until he established a steady flow of income, which allowed him to remain independent and exert full creative control over his music. This independence enabled him to forge a deeper connection with his audience, as he could create and share his art without industry constraints. His journey serves as an inspiring example of how determination, creativity, and a strong work ethic can lead to success on one's own terms.
In 2021, Larry June signed a distribution deal with Empire Records. This type of deal allows him to retain ownership of his records while benefiting from the promotional push typically provided by a record label. Larry understands that consistently releasing high-quality projects is key to building a loyal fanbase, which in turn enables him to explore and succeed in other business ventures.
By maintaining a steady output of music that resonates with his audience, Larry June has created a solid foundation for his entrepreneurial activities. His commitment to his craft and his strategic approach to the music industry exemplify how artists can leverage their creative work to expand their brand and diversify their income streams.
Now that we've covered his music career, let's delve into how much Larry June makes from his business ventures and investments.
Larry June has substantial experience in opening and running businesses. Currently, he prefers the silent partner route, which means he provides investments to become a part owner without getting involved in day-to-day operations. One notable example of this is Larry June's part ownership in Honey Bear Boba, a Boba tea spot located in San Francisco. He holds more than a 33% ownership stake in this company, which has been operating successfully for about a year.
Honey Bear Boba has seen significant success, prompting plans for expansion. Larry June and his partners have publicly stated their intention to open five more locations in 2022. Larry attributes his business success to consistently upholding quality products for customers, a principle he applies across all his ventures.
His ability to run a successful Boba tea location and plan for its expansion underscores his business acumen and strategic thinking. By investing in ventures like Honey Bear Boba, Larry June diversifies his income streams and ensures long-term financial stability, all while maintaining the freedom to focus on his music and other creative endeavors.
In addition to his other business ventures, Larry June is still developing his brand of oranges. This aligns with the overarching orange-themed brand he has built throughout his career, making it a natural next step to create another income stream.
When it comes to investing, Larry June maintains the same mindset he applies to his entrepreneurial ventures. He seeks investments where he can inject capital and watch it grow as passive income. By carefully choosing investments that align with his values and long-term goals, Larry ensures that his financial portfolio remains robust and diversified. This strategic approach allows him to build wealth steadily while continuing to focus on his music and other creative projects.
Like being a silent partner in business ventures, Larry June has also made wise investment choices in the stock market, beginning as early as 2016. His primary focus has been on stocks, which he has identified as his most popular security. Since his initial investments, multiple stock exchanges have seen increases of over 100%, allowing Larry to reap significant benefits from his long-term, longevity-focused investing strategy.
Understanding the importance of diversification, Larry June has also invested in bonds and cryptocurrency. When it comes to crypto, he maintains the same long-term growth mindset that he applies to his other investments. By balancing his portfolio across various asset classes, Larry ensures financial stability and maximizes potential returns. His strategic approach to investing, coupled with his entrepreneurial ventures, showcases his acumen and forward-thinking mindset, positioning him for continued success in multiple arenas.
Investing is another avenue for Larry June to grow his income passively, aligning with his focus on longevity.
In summary, Larry June has achieved remarkable success as an independent artist, reaching income levels that some artists under major labels never attain. His success extends beyond music, as he is also a serial entrepreneur. Notably, he has found success with his Boba tea shop, Honey Bear Boba, and is actively looking to expand the business further.
Larry's emphasis on longevity is evident in all aspects of his career—from his consistent music releases to his strategic business ventures and investment choices. He meticulously selects opportunities that promise sustained growth and stability, ensuring a robust financial future.
What can you take away from Larry June?
Independence and Ownership: Owning your work can lead to greater financial and creative freedom.
Consistency and Quality: Consistently putting out high-quality work builds a loyal fanbase and creates long-term opportunities.
Diversification: Spreading investments across different asset classes, like stocks, bonds, and crypto, along with business ventures, ensures financial stability.
Creative Hustle: Finding innovative ways to generate income, like hosting pop-up shows and selling merchandise, can help sustain you during tough times.
Longevity: Focusing on long-term growth and sustainability in all ventures can lead to lasting success.
Larry June is also known for his keen eye for valuable assets. Using his newfound wealth, Larry strategically invests in luxury items that act as a store of value. His portfolio includes classic cars, high-end watches, properties, and valuable furniture. These items serve as alternative investment vehicles, appreciating in value over time.
In a recent appearance on the Wrist Check Podcast, Larry mentioned buying multiple vintage Rolexes and selling them for a profit. His collection includes luxury assets like his classic Buick Grand National, 1980s Corvette, and Porsche 911 GT3. Additionally, he owns prestigious timepieces such as the Aquanaut, AP Royal Oak, and several Rolex watches, all of which increase in value each year.
Larry's taste for the finer things in life not only reflects his success but also showcases his savvy approach to wealth management. By acquiring assets that appreciate over time, he diversifies his investments and ensures a stable financial future.
What’s Next for Larry June?
Larry June has a strong history of consistently releasing music, and it’s clear that he will continue this trend. He has stated that music remains his main priority, with business ventures and investments serving as sources of passive income.
Music Projects
Consistent Releases: Larry June is expected to keep delivering quality music, maintaining his connection with fans and further solidifying his position in the industry.
Business Ventures
Boba Tea Shop Expansion: Larry plans to open five more locations of his successful Boba tea shop, Honey Bear Boba. This expansion could transform the business into a larger company, offering significant growth opportunities.
Oranges Brand: Larry is developing his brand of oranges, which aligns with his established orange-themed brand. This venture represents another potential income stream and strengthens his personal brand.
Investments
Diverse Investment Portfolio: Larry will likely continue investing in various securities, including stocks, bonds, and cryptocurrencies. His strategy focuses on long-term growth and passive income, allowing him to maintain financial stability while pursuing his creative endeavors.
Luxury Asset Acquisition
Valuable Assets: Larry June is known for acquiring luxury items that appreciate in value, such as classic cars, high-end watches, and valuable properties. This practice is expected to continue, further diversifying his investment portfolio.
Larry June's future looks bright as he balances his music career with strategic business ventures and investments. By prioritizing music and leveraging his entrepreneurial spirit, he ensures a steady flow of income and sustained growth. His plans to expand his Boba tea shop, develop his brand of oranges, and maintain a diversified investment portfolio all contribute to his long-term success. Larry June's journey is an inspiring example of achieving high-level success through hard work, creativity, and smart financial planning.
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