How Oprah Winfrey Lead Her Company to Success
With a net worth of nearly $3.2 billion, media mogul Oprah Winfrey is an inspirational story of success. From humble beginnings growing up in rural Mississippi, to becoming a household name as the host of her highly successful daytime talk show, to then creating and growing her own multi-billion dollar media empire, Winfrey has created an incredible legacy of success. In this article, we’ll explore some of the key decisions that have led Oprah Winfrey to success and created her iconic, powerful brand.
An Early Start
From an early age, Winfrey had a love and talent for public speaking and media. As a child, she gave herself the stage name of Oprah, which would eventually be seen in households across the globe. While attending Tennessee State University, Winfrey was given an opportunity to work at a local radio station, opening the door to a new career path. Her focus, sophistication and relatability proved to be a perfect combination for radio broadcasting.
Breakthrough in Television
In 1986, Winfrey’s hosting debut came with a nationally syndicated talk show called The Oprah Winfrey Show. This show would quickly gain immense popularity and be one of the highest rated programs in the United States for decades. Oprah’s natural gift for connecting with her audience and discussing difficult subjects, made her a household name in the area and quickly extended to international acclaim.
Expansion into Various Sectors
After establishing herself in the broadcast TV sector, Winfrey decided to expand her brand into other sectors. She created her own book club which increased readership of the titles she promoted and helped bring focus to certain issues. Winfrey also took her talents in media to the big screen with a role in the 1985 film, The Color Purple. From there, she founded her own production company, Harpo Productions, which has gone on to produce some of the most popular TV shows and movies of the past two decades.
Developing Powerful Brand Partnerships
As her brand and success grew, Winfrey began strategically partnering with other powerful media companies, allowing her to tap into new potential markets and audiences. She created a strategic alliance with XM satellite radio, allowing her successful radio show to reach a much larger audience of listeners. In 1999, Winfrey partnered with a major publishing house, Hearst Publications, which offered her even more opportunities for growth such as a magazine, a website and more books through their book club.
Involvement in Philanthropy Work
Throughout her career, Winfrey has been an active philanthropist, devoting her time, energy and money to help improve people’s lives around the world. In 1998, she established the Oprah Winfrey Foundation, which continues to provide unexpected gifts of compassion and hope to many around the globe. Winfrey’s message of “education is the key to success” is highlighted by the hundreds of scholarships she has given over the years to college students who need financial assistance.
Launching the Oprah Winfrey Network
As Winfrey’s success in the media realm continued to soar, she used that success to launch her own television network in 2011. The Oprah Winfrey Network (OWN) aimed to create original programming that was both entertaining and relevant to its viewers. Over the past decade, OWN has gone on to produce many hit series and specials, increasing its viewership every year.
Leading by Example
Throughout her career, Winfrey’s focus on quality content, promoting charitable causes, forming strategic alliances and seeing potential for success has been her guiding light. From her success with her iconic daytime talk show, to her magazine, websites and television network, Oprah Winfrey has created a powerful media empire. Her unique blend of compassion, relatability and creativity have paved the way for millions to find success online and in the media.
The Keys to Oprah Winfrey’s Success:
-Explored her love and talent for public speaking and media
-Capitalized on her wide range of broadcasting, production and organizational skills
-Used her recognizable platform to expand into a variety of media sectors
-Formed powerful brand partnerships to extend her success
-Actively includes philanthropy work in her work
-Launched the Oprah Winfrey Network to create unique and relevant programming
-Leads by example by focusing on quality content and seeing potential for success