6 Tips on Success We Learned From Rihanna, the Ultimate Serial Entrepreneur
When you think of the term “serial entrepreneur” or “mogul,” Rihanna should come to mind.
Outside of making a name for herself in the music industry, the Grammy award-winning star has proven that she is a force to be reckoned with on and off the mic. Upon entering the luxury fashion industry with the launch of her Fenty line, Robyn Rihanna Fenty has evolved into the ultimate serial entrepreneur with her business efforts adding up to a $600 million fortune.
Because of her business ventures, this Mogul Millennial was recently named the wealthiest female musician (and is arguably one of the most influential, self-made Millennial’s in the world).
In a recent interview with T Magazine, Rihanna dropped several gems about her journey into becoming a mogul. Here are some of the top takeaways from her interview:
You don’t have to stay married to one talent, idea, or business
Before entering the fashion world with partnerships with major brands like Puma and now LVMH, Rihanna made a name for herself as a music artist. Rihanna could’ve stayed in the music industry lane since she had proven success as an artist, but she always knew she wanted more. As Rihanna told T Magazine, “I have to think about the next thing, which is terrible because people should live in the moment. I just started branching out into different creative outlets. That’s what makes me happy.”
One of the next outlets that Rihanna ventured into was the fashion industry with partnerships with brands like Puma, Armani, and Dior.
Rihanna shared, “I’ve been slowly evolving throughout the fashion world. First wearing it, buying it, being recognized for my style and then collaborating with brands. I never just wanted to put my name on something and sell my license. I’m very hands-on, so I wanted to take it slowly and gain respect as a designer. I already had a relationship with them after the Versailles campaign and the makeup line, so they extended the offer to me and it was a no-brainer because LVMH is a machine. Bernard Arnault was so enthusiastic; he trusted me and my vision.”