Sunday, February 10, 2019
Essay examples --
Minority entrepreneurs have many another(prenominal) barriers they have to overcome in order to be prospering. Some classifiable problems they face are limited recover to capital, lower equity investments, and less(prenominal) exposure to entrepreneurship. Minority entrepreneurs are twice as likely to be turned down for traditional lending, which can discourage them from notwithstanding applying for a loan. Not only that tho they are less likely to be considered by traditional or angel investors. They to a fault generally pull round in run down areas, with poor schooling and less access to successful people. One entrepreneur who has hurdled over all the barriers and became extremely successful is Russell Simmons, the co-founder of Def Jam Records.Biography of Russell SimmonsRussell Simmons was born in Queens, New York, on October 4, 1957. emergence up in Queens, he spent part of his adolescent old age as a street hustler. During his middle school years, he exchange marijuan a and was even a member of a local gang. He was arrested twice on other charges and was given probation. At eighteen he began taking college classes in the New York area and started working at an Oranje Julius, but financed his clubbing lifestyle by selling fake cocaine. One darkness in 1977 while at a club he axiom the clubbers going crazy over a song from Eddie Cheeba, an early titty and DJ, he decided that it was the sound of the future. Simmons quit selling fake drugs and leftover college to begin promoting concerts and forming his own management company for artists. He called his company have Management. He managed Kurtis Blow, and Run-D.M.C.. In 1884 he partnered with Rick Ruban and founded Def Jam Recordings and starting the heathenish revolution known as hip-hop. Businesses & IndustriesRussell Simmons has his fingers in a ... ...nced everything from music to finance and philanthropy. He has been the architect in creating the trends in current pop burnish. A majority of Simmons endeavors would fall into the venture opportunity school of thought, and he took an endogenetic approach.My ThoughtsSimmons built an entertainment empire, with hip-hop at the foundation. By fighting for hip-hop, even when everyone said it was a fad Simmons taught me that, even if everyone doubts something, all it will win is one person to believe and to fight for what they believe in. I also learned that if one person starts to work towards a goal, it would pave the mien for others to follow. Simmons often said that Black culture or urban culture is for all people who buy into it and not just for black people. Whether its film or TV or records or advertisement or clothing, I dont accept the box they put me in.
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