Power Mic Check: Master P Talks No Limit’s Next Chapter With Rickey Smiley
Master P is looking at what No Limit can pass on to the next generation. In a new episode of Rickey Smiley On The Spot, released September 15, the rapper and entrepreneur revisits the work behind his independent label and explains why sharing a stage with Cash Money matters to him now.
The nearly 50-minute conversation gives listeners a direct account of his early business education. Master P tells Smiley he opened a record store in Richmond, California, at 19, learned from the Bay Area and brought those lessons back to New Orleans. He also recalls paying for legal advice before pursuing the distribution arrangement he describes as an 85/15 split. These are his recollections of building the business, rather than a newly announced deal.
The interview’s strongest current thread arrives when Smiley asks about the No Limit and Cash Money tour. Master P describes the joint stage as a chance to celebrate New Orleans and move beyond the competition associated with the two labels. His emphasis falls on growth, gratitude and letting younger fans see successful Black entrepreneurs working together.
He also links the tour to mental-health awareness, discussing why he wants families to feel able to talk about difficult experiences. The episode moves between those reflections and practical advice about persistence, financial literacy and decisions that come with running a company. Smiley’s humor keeps the conversation moving, including a return to his familiar bass-player joke.
For listeners who want to go straight to the discussion, the original video marks the independent-business segment at 3:12 and the tour conversation at 7:34. The full episode below preserves the context around both, along with the later family and career reflections.
That makes this week’s Power Mic Check a useful companion to PowerPage’s Mannie Fresh Producer Spotlight: two different perspectives on the people and decisions behind New Orleans rap. Master P’s focus here is the responsibility of carrying that history forward while the artists are still around to tell it themselves.
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