They wanna be fiascoes, reproduce his failures

from Lupe Fiasco – Lightwork Lyrics on Rap Genius

Meaning

Other rappers want to be as good as Lupe and reproduce some of his best music, like “Failure”.
Also, “Fiasco” itself is Greek for failure.

Lupe could also be implying that even when his music is at its worst, it’s still better than some artists' songs. .

To help improve the meaning of these lyrics, visit “Lightwork” by Lupe Fiasco Lyrics and leave a comment on the lyrics box