How CEO Tempestt Harris Led Level21 Media to be valued at 1.7 Million Dollars
When Tempestt started in media over 10 years ago she had value in mind. " I have several businesses, but with Level21 we wanted to treat this as a special venture. I personally advocate for the art community in my area so I sacrificed a lot to create this type of platform so that others could succeed from the blessings." She added " I know that if I had something like this when I started in media and television I would have had the knowledge and experience needed to make it a career earlier in life."
Tempestt & past partners including Maresa Scott built the company which includes magazine publishing, media and recently; film production services nationally and locally based in Charlotte, NC.
At 34 years old Tempestt has lead the charge for independent media outlets with her team of experts in Fashion, tech and entertainment from all over the world.
How do they evaluate the monetary value a company like yours?
Based off the amount of assets you have, which ours includes equipment , intellectual property, access to publishing and products that are not in reach of the general public. They also base it off of surplus, annual revenue & inventory. You can have your company evaluated by serveral professional institutions.
Where you surprised at how much your company was worth in the finance world?
No surprise, I already know how much it cost to do what we do. We where brought in some heavy tech initiatives, events and new partnerships. I noticed how much was coming in and going out yearly and the money made is invested back into the company so it doesn't " Feel" like we have made as much as we had or have access to as much as we did. To me it is sort of "normal" for a media outlet of this size. That is not a lot in our world if one cinema camera cost 50k.
Now that you know more concrete standing on your companies worth and value at this point, What do you plan on accomplishing?
We look forward to seeking out more investors who work with in entertainment to partner with us so that we can expand further and create more opportunities for others to launch their careers from.
What is the best advice to give on creating real value?
Make sure to calculate how much everything you do cost and how much it will cost to keep it going so that you can charge your clients fairly and still have a growing and running business until the time comes for your bank account to reflect that and catch up with your company value and expectations.
How can people find you?
@level21mag @level21tv www.level21mag.com or for any of my personal services it is www.bytempestt.com