Justin Timberlake is one of the most influential singer/writer/producer/actors in the entertainment world today. With six Grammy awards and four Emmy’s under his belt, it is easy to put him on a box and see him as a very successful entertainer, nothing more, but if you are a budding entrepreneur you will be happy to read about his business ventures and success outside of music.
What entrepreneurs can learn from Justin Timberlake is limitless if only they are willing to learn, here we outline
Creativity adds value to business ideas
First of all, Justin Timberlake embraces creativity as one of the main drivers of making a business project work and succeed. He observes needs and examines demands for a certain product or service, and then pour out creative inputs to create something that has never been seen or heard before. He puts premium on the “ideation” of things and capitalizes on that from the very start. His record label Tennman Records, is a recording label that ties up with Interscope Records. He builds musical success from unheard of music acts through creating a new sound “from scratch”. Tennman Records is known for its talents like Esmee Denters (started out as a YouTube sensation), Matt Morris, and the band Fresol.
100% Involvement to the business is Key
Many entrepreneurs launch a business without any part of its planning at all. Claiming success over a business venture demands a personal signature from the one person who started it all. Without that “stamp”, an entrepreneur has no hold of whatever the business ends up with – success or failure. To be successful, you need to be a hands-on entrepreneur. You need to get involved from Point A to Point Z. It is the only way to lead it best and get it to a level of success you have envisioned for it from the very start.
Stick with the things you know and love to do
Justin Timberlake is best known as a musician. So his very first business venture is a recording company. He also loves fashion, so he takes on a company that is in that industry (William Rast). He then diversify his business interests from there and started restaurants like Destino and Southern Hospitality. This systematic approach to pursuing business projects help Justin to build a money making empire that he feels strongly about, and without a doubt, be very passionate to improve on it over time.
Stick with people you know
Justin Timberlakes clothing company ‘William Rast‘ is a high end denim company that is managed and led by no one but himself and his good friend Trace Ayala. Both shared passion for fashion and had undeniable familiarity with each other in terms of taste and creative thrusts. This brought in priceless chemistry which made the line a success in a very short period of time
Give back to the community
What entrepreneurs can learn from Justin Timberlake? Be generous! With his enormous success both in the entertainment industry and his business ventures, he gives back by hosting charity events like his PGA Justin Timberlake Shriners Hospitals for Children Open. This did not only make him feel good and invite positive vibes, this also made for a very good PR intervention for his businesses.
Justin Timberlake Quotes To Live By
As far as the press is concerned, they’re going to say what they want to say. Probably about 10-15 percent of the time It’s accurate.
As time goes by people will see who I am for who I am.
Every time you do a project, you learn something new.
I believe people can move things with their minds.
I really didn’t try to make an effort to make urban music, but I am a product of my inspirations.
I’m a perfectionist. I can’t help it, I get really upset with myself if I fail in the least.
I’m completely removed from any hype that comes my way.
I’m not in this for the money because if I was, I would have jumped out after our first album.
If you put out 150 percent, then you can always expect 100 percent back. That’s what I was always told as a kid, and It’s worked for me so far!
The most boring thing in the world? Silence.
When I’m in the studio, there are no boundaries.