You're full of it; you were dissing his CD's
Laughed at Infinite, now he's back like someone pissed in his Wheaties
No peace treaties, he's turned into a beast
His new Slim Shady EP's got the attention of the mighty D.R.E
He's almost famous

from Eminem – Almost Famous Lyrics on Rap Genius

Meaning

Eminem takes us back to when he was just a fledgling rapper. His first album Infinite never met with great commercial success and didn’t get him signed to a label. Apparently some people even laughed at it

After that, Em changed his rhyme style and subject matter and recorded the Slim Shady EP, which got Dr. Dre’s attention and led him to being signed to Aftermath

after the second verse he says: ‘'He’s almost famous’‘ while the hook starts…

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