Music producer and entrepreneur Kevin Mglej has officially announced the sale of his stake in the influencer marketing agency hoh, marking a significant transition after six successful years.
Breaking the news via social media, Mglej expressed his confidence in the agency’s future under the new leadership of Rafał Janik, his former business partner. "I leave with peace of mind and certainty knowing the agency is in the best hands," he stated.
Founded in 2019, hoh – short for House of Hype – has grown rapidly, spearheading projects for prominent brands such as OPPO and Mastercard. Mglej emphasized the agency's strong financial position, reporting over 11 million in revenue at the time of his departure. "Hoh has been, is, and will be important to me, but this is my moment for new challenges," Mglej added, framing his exit as part of the entrepreneurial life filled with moments he refers to as “exits.”
Moving forward, Mglej intends to focus on investments in startups, real estate, and innovations within the music industry, operating under the brand "Mglej Investments." His vision shows ambition and enthusiasm for new ventures after his successful run with hoh.
Janik’s prior partnership with Mglej positions him uniquely to take over as the new head of hoh. Mglej described Janik as not only being a fantastic business partner but also someone who deeply understands the marketing sector and its needs. This seamless transition is expected to keep the agency on its upward path.
Mglej's wife, Roxie, showcased her unwavering support for her husband’s endeavors with an encouraging comment on social media: "Honey, you are unstoppable this year." This personal affirmation reflects the familial backing Mglej enjoys as he embarks on this new chapter.
Reflecting on his career, Mglej remarked, "This is my second company I have successfully sold, and I am eager for more." His drive indicates not only his commitment to his business pursuits but also his belief in the impact and importance of the influencer marketing industry.
With Mglej stepping away from day-to-day operations, hoh looks set to continue flourishing under Janik's stewardship. Both Mglej and Janik share excitement about the potential future projects and innovations the agency can embrace going forward.
Overall, Mglej’s departure from hoh signifies both the conclusion of one successful chapter and the simultaneous opening of new avenues for growth and exploration. The influencer marketing agency, backed by capable leadership and Mglej's foundational efforts, is positioned for continued success.