We was sort of like Will Smith and his son
In the movie -- I ain't talking 'bout the rich ones
Cause every summer
He'll get some brand new harebrained scheme to get rich from

from Kanye West – Champion Lyrics on Rap Genius

Meaning

In the movie The Pursuit of Happyness, Will Smith and his son play Christopher Garner Sr. and Jr., respectively.

The elder Garner invests his money in wacky schemes such as bone-density scanners, which end up bankrupting him. Yeezy compares Garner to his own father, who has a similarly wacky entrepreneurial streak.

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