Like I never rode in a limo
Like I just dropped flows to a demo
Like it's ninety-two again and
And I got O's in the rental

from Jay Z – My 1st Song Lyrics on Rap Genius

Meaning

A flashback to times when Jay was truly a middling drug dealer (as opposed to his ‘94 flashback in “99 Problems”, when he had escalated to a boss player). No limousines or music demos, just him and some cocaine to deal on the block.

To help improve the meaning of these lyrics, visit “My 1st Song” by Jay Z Lyrics and leave a comment on the lyrics box