Mercy Chinwo and Ezekiel Onyedikachukwu of EeZee Conceptz are prime examples of why I always urge people to carefully read contracts.

Mercy Chinwo and Ezekiel Onyedikachukwu of EeZee Conceptz are prime examples of why I always urge people to carefully read contracts.

I shared the story of someone who nearly signed a power of attorney last year, mistakenly thinking it was an MOU.

Understand both the short-term and long-term implications of every contract.

Don’t sign out of desperation to succeed.

Don’t sign without fully grasping your responsibilities.

Understand the meaning of every clause and how it will impact you.

When people are starting out, they can sometimes become overly desperate, and this is what some individuals take advantage of.

They sign contracts driven by passion, without truly understanding the business side of their industry.

The reality is that anyone willing to invest in a music career already knows the expected ROI. 

If you don’t ask the right questions before signing, your ignorance will be exploited, and you might end up being strategically "taken advantage of" through a contract that favors them.

And let’s not forget about those music executives who invest heavily in an artist’s career from the start. Many artists enter the industry with no financial backing. Once they rise to fame, they often forget the people who helped them when no one else believed in them.

This issue is a two-way street. Neither party should be exploited—both the artist and the investor deserve fair treatment.

For those of us in the media, we've had our fair share of helping people who ask for favors when they're starting out, only for them to turn around and pay others for the same thing once they make it big.

I will organize a live session soon with some of my colleagues to discuss this. 

That’s why it's so important to have lawyers in your corner. Always make sure someone else takes a second look before you sign anything. A legal professional can help you understand the implications of a contract, ensuring you’re not blinded by excitement or desperation.

The truth is, if you sign something out of desperation, and it favors the investor or label, that energy can't work once you've benefited from that person. They will pull up emotional and legal receipts to back your ignorance, which could create a much harder situation later on.

I pray they resolve this situation in a timely, amicable, and respectful manner.

Meanwhile, there is good money in the gospel music sector.