How Junior Renaud Became A Multi-Millionaire

Junior Renaud is well known in business as many would call him a serial entrepreneur.

Junior Renaud, an award winning Investor and entrepreneur that is highly knowledgeable in every aspects of business formation, operation, diversification and management. The inception of World Prestige Ent. came in 2011 when Junior developed a unique approach integrating luxury commodities into a competitive market with an overall vision to become a leading supplier to many entertainment industry professionals. In addition he has Executive Produced several music projects and short films which have gained notoriety at some of the most respected festivals. Junior eventually wanted to merge his passion for health and fitness with the food catering industry and invested in “Cater Me Fit” a meal delivery service, catering over 10 thousand proportioned meals daily across Tampa Bay and has also transitioned to the Tampa airport. After net profiting $1M within its first year and achieving copious amounts of accolades, receiving an award for best start up idea, and being nominated for small business of the year is an indicator of the value Junior brings. Affiliates that he has partnerships with are Disney, Pavilions, NewsLink, etc. Real Estate quickly became an interest and after investing in his first property he saw results that motivated him to make real estate a staple in his investment structure. Junior ambitiously, wanted to diversify his portfolio and decided to take business overseas where he facilitates and deals with many whole sale jewelers to provide quality product to buyers. Ultimately, an entrepreneur at this scale would usually be considered a “serial entrepreneur” but Junior is less focused on the quantity and puts an emphasis on the importance of aligning his passions with his investments.

We had the pleasure if interviewing Mr. Renaud

HI Junior, Welcome to Medium!

How Did You Know When You Had The Right Idea?

• I didn’t know I had the right idea until I noticed most of my friends striving to pursue endeavors in the entertainment industry (Music & Film) to be exact. I was enthusiastic about being part of the music and film business, and realized the demand for the need of props for projects was extremely high which is when the realization came about supplying the industry with the tools necessary to complete a production as seamless as possible. I eventually invested in and had equipment rented every other day. Although, I couldn’t hold enough inventory. I realized that this was a business that could be done at a much larger scale, and that is the approach I took.

How Did You Build Your Team?

• Building my team surprisingly wasn’t difficult. I had the vision of wanting to create this business and thankfully my team around me had the same passion for the vision. This consistent alignment kept us on track with very little backlash. Everyone’s role is specific and unique to their strengths, which keeps innovative ideas in constant motion. I also have a close cousin within the industry whom was able to connect me with some hard working talented individuals. I quickly found my desired business culture and gathered the right mix of professional skills.

What Are Some Of The Mistakes You Wished You Could’ve Avoided?

• The biggest mistake I have made until this day came in the early stages of World Prestige Ent. I took lots of risks on depreciating equipment without the protection of having liability insurance which in return led to some pretty substantial losses. Protect your business!

How Did You Handle Adversity And Doubt?

• Good question…In terms of doubt I never let pessimistic thoughts have an impact on my decision making, doubt brings along fear and within fear we limit ourselves from achieving the unknown. That’s the first step to procrastinating in my book, being as proactive as possible builds the confidence we need to be as prepared as possible for any given situation. As far as adversity, that is inevitable, adversity will always be a part of business. In my opinion, it builds character which forces you to adjust quickly. Personally, I’m a thinker I don’t easily get defeated during hard times. I simply continue moving forward.

How Do You Plan On Growing Cater Me Fit?

• Considering the fact that we are an online based business that delivers to your door, I plan on growing Cater Me Fit by opening up its first ever store front. Allowing clients the convenience of grab and go services or quickly dine in if they want to sit down. That should change the scope of things in hopes of taking it to the next level.

How Can I Be A Good Leader Like You?

• Ultimately, There are 3 things that make up a good leader. Honesty, Integrity, and most of all Confidence! Confidence is extremely undervalued because it is a key component that allows you to move with intent. The ability to inspire others through your hard work is a great feeling but teaching people how to be technically proficient goes a long way!