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Dr. Randal Pinkett
March 2014

Elevate your game

Dear Friends:

In this issue, we continue our focus on “awareness months,” or months during which causes are championed and events celebrated. March promotes the awareness of a number of causes, including Colorectal Cancer Awareness, Gender Equality and Social Worker’s Month. In this issue, we highlight Women's History Month with a focus on the trailblazing achievements of Cathy Hughes. We also feature two up-and-coming women in business and winners of my Campus CEO Challenge.

Cathy Hughes is perhaps best known as Chairwoman and Founder of Radio One, Inc., the largest African-American owned media company in the U.S. With more than 65 broadcast stations in 22 urban markets, Radio One established Hughes as a preeminent figure in the broadcasting industry. In 2004, Hughes expanded her brand with the launch of TV One, the company’s cable and satellite television channel. Indeed, a true American success story. However, the road to becoming one of the most influential women in media was not without its challenges. After getting her start in broadcasting working at a local television affiliate in her hometown of Omaha, Nebraska, Hughes was offered a job as a lecturer at Howard University’s School of Communications in Washington, D.C. In 1973, she became General Sales Manager of the University's radio station, WHUR-FM, increasing station revenue from $250,000 to $3 million in her first year. In 1975, she became the first woman Vice President and General Manager of a station in the nation’s capital and created the format known as the “Quiet Storm,” which revolutionized urban radio and aired on over 480 stations nationwide.

In 1980, Hughes founded Radio One and, with then-husband Dewey Hughes, bought AM radio station WOL 1450 in D.C. after being rejected by 32 banks! Because finances were scarce, she was forced to give up her apartment and car and live with her son inside the WOL station building. With a lack of funding for personnel, Hughes took on the tasks of producer, on-air personality, and DJ. Largely because of the morning talk show’s success, the station began generating a healthy profit. She continued to purchase stations across the nation until Radio One became an leading player in the media industry. In 1999, the company was valued at $950 million and was traded publicly for the first time on the New York Stock Exchange (NYSE), making Hughes the first and only African-American woman to head a publicly traded firm in the U.S. Radio One currently has a network of 69 radio stations located in 22 American cities, with 13 million listeners. The company has received numerous awards and was inducted into the U.S. Small Business Administration Hall of Fame.

So, as we reflect on Women’s History Month, let us remember the game-changing achievements of Cathy Hughes and women like her who have created amazing opportunities for women and men to succeed in business.

Peace and blessings,

Randal

MOMENTUM
FEATURE

Randal Endorses Importance of Education

Outsmart Your Competition – How Dr. Randal Pinkett Obtained 5 Degrees, Won the Apprentice and Landed a Billion Dollar Contract

Randal will be the featured speaker at the 2014 Student Research, Scholarly and Entrepreneurial Activity Symposium at East Stroudsburg University of Pennsylvania

game-changers

TV Shows That Changed the Game

Books That Inspired Black Faces in White Places

Photos That Changed the Game
Music That Inspired Black Faces in White Places

Quotes That Inspired Black Faces in White Places

Movies That Changed the Game

Did your inspiration make the list? Talk to us by leaving a comment



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Learn more about my management and technology consulting firm, BCT Partners.
APPEARANCES


Randal and Cathy Hughes Featured at Verizon Small Business Empowerment Forum

I had the distinct privilege of partnering with Verizon for its Small Business Empowerment Series to interview Cathy Hughes, Chairperson and Founder of Radio One and the first African American woman to own a publicly-traded company. With the aim of educating and inspiring small business entrepreneurs, the Series provides a powerful forum networking and growth. During the event, I also sat down with tech-life expert Stephanie Humphrey to discuss the importance of small business partnerships to realize a competitive advantage and significant opportunities for growth. Here are just a few of the evening’s highlights:

 

Watch Video

   
   
Jeff Johnson, Randal, and Professor Spencer Overton, at a National Urban League taping  

Randal speaking at Robert Wood Johnson University Hospital

  Randal and BCT Partners’ founders with Rutgers advisors Dean Brown and Dr. Rosen

BREAKTHROUGH


The Lean Startup Machine: Help Us to Unlock Newark and Support Entrepreneurs!

In honor of Women’s History Month, we remember and applaud two women, Mariam Selvany and Abigail Grehlinger, the Grand Prize winners of my business plan competition, The Campus CEO Challenge, in March 2013. My partners at Lean Startup Machine helped me provide students a platform for learning how to build and innovate on their ideas in just a 3-day weekend workshop. Lean wants to bring that same platform to Newark again! Join us in the Campaign to Unlock Newark! Please sign the petition here to bring another workshop to Newark that builds entrepreneurs and supports innovation! Join the movement.

Watch Video

Each year, The Lean Startup hosts a national conference to help entrepreneurs learn from each other. Complete with founder stories you’ve never heard, fresh case studies and in-depth expert advice, the conference delivers advanced lessons in entrepreneurship. The event features key sessions for corporate entrepreneurs, non-profit leaders, educators, government staff and growing startups—and it includes a myriad of ways to meet other attendees relevant to you. To learn more about The Lean Startup, visit www.theleanstartup.com.

SPOTLIGHT

Black Faces in White Places
Black Faces in White Places: 10 Game-Changing Strategies to Achieve Success and Find Greatness offers ten revolutionary strategies for learning, playing, and changing "the game"--that is, the world in which we all live and work--for the current generation, while undertaking a wholesale redefinition of the rules for those who will follow. It is not only about shattering the old "glass ceiling," but also about reconsidering the four dimensions of the black experience: identity, society, meritocracy, and opportunity. Ultimately, it may be about changing the very concept of success itself.

Available: Now
Buy: Amazon | Barnes & Noble

 
No-Money Down CEO
No-Money Down CEO: How to Start Your Dream Business with Little or No Cash explodes the myth that you have to have a lot of money or need an outside investor to pursue your dream. This action-learning, audio business course offers a comprehensive step-by-step plan for launching your business with little to no cash. Listen as Randal offers insider's tips, tools and techniques that will put you on the fast track to becoming a successful CEO.

Buy: Amazon | Barnes & Noble
 
Campus CEO
Campus CEO: The Student Entrepreneurs Guide to Launching a Multimillion-Dollar Business walks any would-be entrepreneur through all the necessary steps to launching a profitable, campus-based business, while simultaneously achieving academic success. Regardless of major, background, or area of interest, readers of Campus CEO will learn how to turn their academic and professional dreams into reality.


Buy: Amazon | Barnes & Noble
 


ABOUT RANDAL PINKETT

Dr. Randal Pinkett has established himself as an entrepreneur, speaker, writer, scholar and community servant. He is the Co-Founder, Chairman and CEO of BCT Partners, a multimillion-dollar management, technology and policy-consulting firm based in Newark, NJ. A sought after public speaker and advocate for numerous corporate, youth and community groups, Dr. Pinkett is the author of Campus CEO: The Student Entrepreneur's Guide To Launching a Multimillion-Dollar Business and No-Money Down CEO: How to Start Your Dream Business with Little or No Cash. Notably, Dr. Pinkett made history as the first African-American ever to receive a Rhodes Scholarship at Rutgers University and firmly believes in the mantra "for those to whom much is given, much is expected."

The "Elevate Your Game" monthly e-Newsletter is published by Dr. Randal Pinkett. Copyright (c) 2012 Randal Pinkett, LLC. All rights reserved. For further information, visit us at www.randalpinkett.com. For speaking engagements and appearances inquiries, please contact Mrs. Michon Barnes at 678.637.5064 or mbarnes@bctpartners.com.

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