Snoop Dogg Gives Business Advice

Snoop wants to be taken seriously.

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Of course Obama called Kanye West a "jackass," but as the president meets with business leaders to discuss innovation, maybe one rapper he'll want to take seriously is West Coast hip-hop icon Snoop Dogg. Snoop has gone from the LBC to Wall Street, as yesterday he was a panelist at an event for Global Entrepreneurship Week. He has perhaps the most successful brand to emerge from the music world since Kiss, with his own dolls, youth football league, and even a car.

Check out the questions CNBC's Maria Bartiromo asked him in this video (Snoop appears about three-quarters of the way in).

Where did he learn his most valuable lessons to succeed in business? Surprisingly, Snoop says it was in school. "Sometimes a loss is the best thing that can happen.  It teaches you what you should have done next time," says Snoop. He failed a lot in school, but his mom "wouldn't let me come home with no F." So he eventually worked hard enough to go from the basic math classes to calculus. "If you stop at general math, you're only going to make general math money," Snoop said to wild applause from the crowd.