Ever wonder what it takes to build a media company — one of the firsts of it kind? In the driver’s seat is Fred Mwangaguhunga – founder of MediaTakeOut.com/MTO News. Fred takes us along his path to entrepreneurship which includes growing up the son of immigrants in Queens, New York to later getting a JD/MBA from Columbia University, working on Wall St – to then being a founding member of an innovative door-to-door laundry service. How in the world did he become a content creator running one of the largest Black celebrity gossip sites of the time? Fred details how he stumbled upon the idea of MediaTakeOut.com, why he believes his mark in internet history is important – and how other entrepreneurs can succeed by putting value and customer needs first.
Some of the things you’ll learn are:
- Life as the child of immigrants
- Why Fred decided to go to law school
- How Fred knew entrepreneurship was for him
- The beginning days of MediaTakeOut.com
- The benefits of taking advantage of a brand new industry
- Why there are no shortcuts in business
- How to increase revenue
- What a lot of content creators are doing wrong
- Challenges Fred faced with building MTO
- How Fred deals with the criticism of MTO’s content
If you enjoy this episode, please make sure you share online with your community! You can find us at @dreamsindrive on Facebook, Twitter & Instagram, and use the hashtag #dreamsindrive! Enjoy!
Fred’s Keys To Success:
1. Autobiography of entrepreneur you want to model career after
2. Banker/Financier
3. Holy book
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