Many of us have business idols whom we look up to and aspire to be like. So who`s your business idol?
Dale King
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Many of us have business idols whom we look up to and aspire to be like. So who`s your business idol?
Dale King
I don`t really idolize anyone, but I greatly admire the accomplishments of John H. Johnson, the founder of Ebony and Jet magazines. He had the necessary charisma, tenacity and passion to convince corporate America that there was such a thing as a black consumer market
In 1942, he took out a $500 loan that he used to send charter subscription offers to Supreme Liberty customers. Within a year, sales soared from 5,000 to 50,000.
Based on that success, in 1945 Johnson launched Ebony, modeled after Life magazine. In 1951, he added Jet, a more news-oriented magazine that chronicled the growth of the civil-rights movement.
I highly recommend reading his autobiography, Succeeding Against The Odds. That book is as good as it gets for providing inspiration.
I also have a great deal of admiration for BET founder, Robert Johnson who is also the owner of the Charlotte Hornets basketball franchise.
Johnson borrowed money to start his own cable brand, BET. Launched in 1980, it was profitable within five years. In the early `90s BET became the first African-American-controlled company to be traded publicly on the New York Stock Exchange. In 1998 Johnson bought it back and then sold it to Viacom, pocketing a reported $1.5 billion himself and retaining his position as chairman and CEO.
Dale King
Steve, those magazines are classics. They`re staples in most black households, as well as in many doctors and dentists offices.
Both magazines feature some of the most beautiful women in the world. I`m talking drop dead gorgeous! The editorials aren`t too bad either!
I agree with you about Disney. He was a visionary, indeed!
Dale King
Personal development gurus, Anthony Robbins and Jim Rohn. Both deliver first class information and do it extremely well. Jim Rohn has a rock solid organization, and much of what he teaches is timeless and valuable.
Anthony Robbins I love because he understands human nature very, very well, and has positioned his organization to take advantage of human nature. I think by decentralizing his organization he may be making an error, but time will tell. He has a lot more money than I do (yet) so I can second guess him all I want.
I also admire Vic Johnson (asamanthinketh.net) for bootstrapping his way back from virtually bankrupt to a millionaire and helping people along the way.
And of course, Bill Gates and Warren Buffett. Captains of Capitalisim.