ROMEO CARRIES THE NO LIMIT TORCH FOR THE NEXT GENERATION WHILEP.MILLER GETS HONORED BY VH1 FOR CREATOR OF SOUTHERN HIP HOP(AllHipHop News) Rapper Lil Romeo has revealed he plans to carry the No Limit torch in order to make a new generation better. Ive seen family and friends turn on each other behind money. Most African American athletes and entertainers make money for a few years but lose it due to lack of education and financial literacy. And Ive been groomed to break that cycle, said Romeo, the eldest son of rap mogul/No Limit founder Master P. Master P. will be celebrated tonight (June 7th) during the 2010 Hip-Hop Honors, with performances by former No Limit Records artists Romeo, Silkk the Shocker, Mystikal, along with Trina, Gucci Mane, And Kid Capri.My dad gave me four things that most parents dont give their kids: education, time, love, and shared experiences whether good or bad, Romeo told AllHipHop.com. Ive seen life through my fathers eyes, thats why Im focused and prepared. I know its my time to take over in this entertainment business but more importantly, I realize that I must continue my education at USC.According to Romeo, his father taught him that people will love you when youre up and hate you when youre down.The music business has changed. If you want to make it in this game, you have to do viral marketing. The internet is a new form of revenue but truly connecting to your fans will give you longevity. I was honored to perform on my dads behalf at the VH1 Hip Hop Honors Award Show. He has overcome so many obstacles in his life and accomplished so much throughout his career while still managing to help others and make a true difference in so many lives. Although I witnessed my fathers actions firsthand throughout my entire life, I was still blown away as I watched the presentation of his story in creating southern Hip Hop. Romeo said that his fathers ultimate goal was to see him to better in life, and said that Master P. was the best hustler in the game.I know thats where I get my work ethic from but what I plan to do different is to be the smartest hustler in the game. He taught me that fame come and go but knowledge lasts for a lifetime. And thanks to him, I have a billion dollars worth of knowledge. Most entertainers are running a race, but the Miller dynasty is running a marathon to success, Romeo declared. Romeo also addressed recent news reports revealing his was removed from the USC basketball team, due to a shoulder injury. I invested two years of my life to chase my hoop dreams while passing up opportunities to be in movies like Twilight, Transformers, and Disturbia due to NCAA regulations. Even though we won the PAC 10 Championship and made history with USC, the following year our team was placed on probation due to an incident that took place years before I played for USC. This probation would setback the basketball program for at least a decade in rebuilding process.Added to this was a shoulder injury, which doctors said would take at least a year to heal. They also told the rapper that if he re-injured his shoulder, he would no longer be able to play with it again. Therefore, I recognized that realistically it was time for me to switch my focus from being a student-athlete to being a college graduate. And now I can achieve my degree in three years instead of four. In addition, Im free to pursue my entertainment career opportunities at the same time without breaking any NCAA rules and have the best of both worlds, Romeo said.