Lessons From Media Pioneer Bob Pittman

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Sept. 26 (Bloomberg) -- Trigger Media CEO and Founder Andy Russell discusses media pioneer Bob Pittman with Deirdre Bolton on Bloomberg Television's "Money Moves." (Source: Bloomberg)

And new to new york city, so where do i go yet go -- where do i go?

And the other companies for me, 42 years old, really busy, two kids, with success can a lot of responsibility.

People here will be taking notes.

It is a service.

It is an absolute service.

Today, i can get advice on what to wear, what apps to use, a word to take my wife out on a phenomenal date.

Or what i should be doing with my kids that will create memories.

You work with law pitman -- with bob pitman and cofounded a company with him, the pilot group.

What was that like?

It is more than working with bob e read bob is an incredible mentor in my life.

I have learned so much about business ethics, character, from bob.

Bob has been so successful from starting mtv at 25 to being the president of a yellow -- of aol.

He told me all the stories about how he built these companies.

He told me about the mistakes he made along the way.

And you were smart enough to listen.

I observed everything.

I do not make the same mistakes others made your dining my own mistakes.

I do not make them twice.

A lot of lessons that came before me -- by the way, he is not just a mentor.

He is one of my dearest friends.

What is the biggest surprise to you now?

You could be anything, media, entertainment, curation, or something completely different -- biggest surprise?

Click sign biggest surprise/opportunity in the world is what i call perishable remnant inventory.

All this inventory exists that is perishable.

Meaning if that hour goes by, you cannot get that back.

It is remnant because nobody is in it.

My friend started a company called hotel tonight, same thing, last-minute hotel rooms.

It is the uber for hotel rooms.

So we're basically doing the same thing but for nightlife.

In new york city, the city that never sleeps, it is pretty sleepy between 7:00 and 11:00. if you want to go dancing at 9:00 or 10:00, you cannot do that in new york city.

Because the nightclubs do not open up until midnight.

And they only open up for the models and hedge fund billionaires.

I have taken that remnant perishable inventory at the best nightclubs throughout all of new york and i am about to go to chicago, miami, london, and paris to make that available to people to put together private parties for them and all of their friends.

You cofounded a very well- known restaurant and club, so you know how this business works.

I am born and raised in the nightclub industry.

It was lost studios and at the age of 16. having somehow kegs of beer showed up.

I have been in then i club business and in the hospitality business and consumer services business for a long time.

I wrote the business plan and ran a place with my brother, partners with oliver stone and laurence fishburne.

It was a pretty awesome time.

What you're doing now is connecting a lot of the dots from your past.

Post committee brings together, since i was 16 years old, everything i have done and everything i have learned bob pitman and daily candy and thrillist, all into one thing.

This text has been automatically generated. It may not be 100% accurate.

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