Iggy Azalea has never been afraid to "think outside the box"

The 'Fancy' hitmaker - who was born in Australia but moved to the US during her teens to pursue her music ambitions - told Inc. magazine: "Growing as an artist and entrepreneur is always challenging and can be scary, but it's also such a necessary part of life."

Iggy believes it's important to view challenges as "opportunities".

Asked what advice she'd offer to aspiring entrepreneurs, Iggy replied: "Stay true to your vision, and don't be afraid to think outside the box. Embrace challenges and view them as opportunities."

Iggy believes she's always had an entrepreneurial approach to life.

She reflected: "I think I've always been an entrepreneur at heart - even in my music career.

"I've always taken charge of the business side as well as the creative. I see creativity and business as two sides of the same coin, and the goal is to let them inform each other.

"At its core, business innovation is another channel of creativity."

Meanwhile, Iggy previously insisted that she doesn't pay any attention to her critics.

The chart-topping star has received plenty of criticism throughout her music career - but Iggy doesn't listen to the outside noise and insisted that she relishes her "millionaire" lifestyle.

Iggy wrote on X: "I really have so much fun!

"that's why you can't bully me away... I'm the only one who needs to like it to continue!

"Make sure you keep that same mentality if you're reading this...

"Only YOU need to believe in what you're doing in order for it to be of value to you.

"If I worried about people laughing at me...

"I wouldn't be a millionaire...

"Because I would have quit on day ONE.

"People will always laugh, belittle and act like you're not good enough for them.

"Don't let that dictate your life or you'll rob yourself of money AND a good time. (sic)"