After much deliberation, I believe this song was written about a girl wanting to make it in showbusiness, the entertainment industry. I think the author had already had some experience in this area and may have already been popular, then started seeing a girl who was a naive nobody. She starts believing she can make it on her own based on some comments of some higher-ups in the business due to exposure from being around the author, so she ditches the author so she can head out to Hollywood, or something to that effect. Problem is, she doesn't know what she is talking about, she only has these dreams, and thinks it will be very easy to make it. The author knows better, hence the line "It's hard to get by just upon a smile", and this song is a warning to her, kind of like "it doesn't quite work that way, but hey, knock yourself out". The line "I hope you have alot of nice things to wear" was a way of saying "I hope you make it"... then the next line "But then a lot of nice things turn bad out there" is basically saying "but I've seen the ugly side of this industry, and I am highly concerned". He knows that naive young women with big dreams can easily be taken advantage of in Hollywood and similar places. He tries to sum this up by saying "You know I've seen a lot of what the world can do, And it's breakin' my heart in two, Because I never wanna see you a sad girl". He then repeats his idea that he's trying to warn her about people taking advantage of her, but if she still wants to go, then she's got his blessing and he's not going to fight it, and he'll be rooting for her to succeed... just be careful... in the lines "But if you wanna leave, take good care,
I hope you make a lot of nice friends out there,
But just remember there's a lot of bad and beware". I think the central theme to the song is that the author has been in the exact footsteps of this girl, trying to make it in showbusiness, and because of that he has seen the shady side, so he's warning her, but at the same time, he's done it himself, so he's letting her go without a fight due to not wanting to be hypocritical.
After much deliberation, I believe this song was written about a girl wanting to make it in showbusiness, the entertainment industry. I think the author had already had some experience in this area and may have already been popular, then started seeing a girl who was a naive nobody. She starts believing she can make it on her own based on some comments of some higher-ups in the business due to exposure from being around the author, so she ditches the author so she can head out to Hollywood, or something to that effect. Problem is, she doesn't know what she is talking about, she only has these dreams, and thinks it will be very easy to make it. The author knows better, hence the line "It's hard to get by just upon a smile", and this song is a warning to her, kind of like "it doesn't quite work that way, but hey, knock yourself out". The line "I hope you have alot of nice things to wear" was a way of saying "I hope you make it"... then the next line "But then a lot of nice things turn bad out there" is basically saying "but I've seen the ugly side of this industry, and I am highly concerned". He knows that naive young women with big dreams can easily be taken advantage of in Hollywood and similar places. He tries to sum this up by saying "You know I've seen a lot of what the world can do, And it's breakin' my heart in two, Because I never wanna see you a sad girl". He then repeats his idea that he's trying to warn her about people taking advantage of her, but if she still wants to go, then she's got his blessing and he's not going to fight it, and he'll be rooting for her to succeed... just be careful... in the lines "But if you wanna leave, take good care, I hope you make a lot of nice friends out there, But just remember there's a lot of bad and beware". I think the central theme to the song is that the author has been in the exact footsteps of this girl, trying to make it in showbusiness, and because of that he has seen the shady side, so he's warning her, but at the same time, he's done it himself, so he's letting her go without a fight due to not wanting to be hypocritical.