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(AllHipHop News) Sean “Diddy” Combs appeared on Anderson Cooper’s popular CNN show AC360 last night (February 1) where the mogul revealed future plans to start a business academy.

Combs was the featured guest on the show, which was hosted by Wolf Blitzer, who was filling in for Anderson Cooper.

The topic of this segment was Diddy’s image and whether or not he was a positive role model.

According to Combs, he is shedding his bad boy image to showcase his business acumen.

“I want to take on more responsibility,” Combs said during the interview. “I’m still honestly in search of how I can have the most positive effect that I can have.”

According to Combs, he is planning to open a school of business to teach budding entrepreneurs the keys to success.

The school will be located in the New York area, most likely Harlem, Combs stated. Combs has multiple run-in’s with the law over the past 20 years.

In the late 1990’s, he was involved in two high profile shootings.

In March of 1997, Combs’ star artist on his label Bad Boy Entertainment was Christopher “The Notorious B.I.G.” Wallace, who was shot dead by an assassin after he attended a party with Combs at the Petersen Auto Museum in Los Angeles.

Just two years later, Combs name was splashed in the headlines when he was involved in a shootout inside a Manhattan nightclub along with his artist Shyne and then girlfriend Jennifer Lopez.

Shyne did eight years in prison for his role in the shooting, while Combs was acquitted in 2001 during a high profile trial in which he was defended by legendary lawyer, Johnny Cochran.

Since then, the mogul has avoided major controversy and has built a billion dollar business empire that includes fashion (Sean John Clothing), liquor (Ciroc Vodka) TV (I Want To Work for Diddy, Making The Band), film, and records.

“It’s more than just about business,” Combs stated. “There’s more than I’m supposed to do, there’s more that I’m gonna do. I want to have an academy that’s known for building leaders. I feel that’s one of the things I can have an impact on.”

No further information was available about Combs’ proposed business academy.