Interview

## 💰 **Total Cost Per Artist**

* **McLaren lease + insurance + maintenance + reserve:** \$4,000/month

* **20 artists contributing:** \$200 each/month

| **Term** | **Monthly Cost (Per Artist)** | **Total Cost (Per Artist)** |

| --------- | ----------------------------- | --------------------------- |

| 12 months | \$200 | \$2,400 |

| 36 months | \$200 | **\$7,200 total** |

> Each artist invests \$7,200 over the full 36-month term.

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## 🔄 **Replacement Plan (Mid-Term Exit)**

If an artist can no longer participate after 12 months (or any time before the term ends):

1. **30-Day Notice:** Artist must give written notice that they can no longer continue.

2. **Replacement Search:**

* Slap Magazine has first right to find a replacement artist within 30 days.

* Replacement pays a **buy-in fee** equal to the exiting artist’s share of the remaining term.

* Example: If 24 months remain → \$200 × 24 months = \$4,800 buy-in.

3. **Exit Fee:** The original artist may be charged a small administrative fee (e.g. \$200) to cover legal + contract transfer.

4. **Vehicle Usage Pause:** Their rotation slot is frozen until the replacement is confirmed, so remaining artists get extra time.

> This keeps the payment stream consistent, protects the vehicle lease, and ensures fairness to the collective.

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## 🏁 **End-of-Term Buyout Plan**

Goal: Transfer ownership of the vehicle to **Slap Magazine** at the end of 36 months so it becomes a **permanent brand asset** (and can continue generating revenue).

### Plan:

* **Residual Buyout Price:** Typical McLaren lease buyout might be **\~45–50% of MSRP** after 36 months.

* Example: \$250,000 MSRP → \$110,000 buyout.

* **Ownership Transition:**

* Slap Magazine covers the buyout cost (funded by game revenue, merch sales, and sponsor contributions).

* Artists receive **credit toward future access** (VIP priority use for shoots, appearances) as part of their original contribution.

* Optionally, Slap can offer **equity-style credits**:

* Example: Each artist’s \$7,200 → earns a 1% lifetime discount on using the McLaren for future rentals or appearances under Slap.

This ensures:

* The car doesn’t get liquidated or lost at the end of term.

* Artists feel rewarded for contributing — even after their payments end.

* Slap gains a luxury asset to continue using for **brand, events, and marketing leverage.**

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## ✍️ **Summary Table**

| **Phase** | **Cost Per Artist** | **Plan** |

| ------------------------- | ---------------------------------- | -------------------------------------- |

| **Full Term** | \$7,200 over 36 months | Covers lease + insurance + maintenance |

| **If Artist Exits Early** | Replacement pays remaining balance | Exiting artist pays \$200 admin fee |

| **End of Term** | No extra artist payments | Slap covers buyout to take ownership |

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## 🎤 **Rapper Qualification Interview Questions**

### 🏦 **Financial Readiness**

1. Are you currently able to commit **\$200 per month for 36 months** toward a shared asset?

2. Do you have a consistent monthly income stream that would allow you to maintain this payment even during slow months?

3. Are you open to signing a legally binding agreement for shared financing?

4. Would you be comfortable contributing to a shared **maintenance & insurance fund** (estimated \$20–\$50/month per artist)?

5. Are you willing to share financial responsibility if the vehicle needs unexpected repairs or coverage (flat tires, scratches, etc.)?

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### 🌎 **Demographic & Brand Fit**

6. What city and state do you primarily operate in (for scheduling rotation)?

7. How far are you willing to travel for your 2-day McLaren time slot?

8. What is your current fan reach (Instagram, YouTube, live shows)?

9. Are you currently releasing music regularly or planning new projects that would benefit from high-end visuals?

10. What type of image do you want to project with your participation (street, luxury, activist, influencer)?

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### 📆 **Logistical & Usage Commitment**

11. How often would you plan to use the McLaren (videos, shows, appearances)?

12. Would you use your time slots strategically (booking shoots and content in advance)?

13. Are you willing to follow a shared calendar and stick to rotation rules?

14. Are you comfortable with rules on mileage limits, approved uses (no street racing, no reckless driving)?

15. Are you willing to participate in team meetings to coordinate monetization (club rentals, brand partnerships)?

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### 💎 **Alignment & Seriousness**

16. Why do you want to be part of this program — personal clout, music content, business networking?

17. Are you open to revenue-sharing from monetizing the car (rentals, paid appearances)?

18. Would you cross-promote the car share and your involvement (tagging on socials, behind-the-scenes footage)?

19. Are you prepared to sign a non-negotiable code of conduct (to protect the group investment)?

20. What would you bring to the collective — skills, network, marketing reach — that makes you an asset beyond your payment?

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### 🔑 **Evaluation Criteria**

* **YES** to all financial questions (stable & realistic commitment)

* **Clear geographic base** (so logistics are feasible)

* **Active music career or plan** (will maximize the car’s marketing potential)

* **Collaborative mindset** (team player, not a lone wolf)

* **Professionalism** (respect for schedule, group property, liability rules)

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