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Famous Entrepreneurs. By Pavan, Daniel, Juan, and Jeymi. P. Diddy. Mostly known for being the founder of Bad Boy Records, which spawned the career of The Notorious B.I.G., one of the most influential rappers in hip-hop history. P. Diddy (Cont.).
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Famous Entrepreneurs By Pavan, Daniel, Juan, and Jeymi
P. Diddy • Mostly known for being the founder of Bad Boy Records, which spawned the career of The Notorious B.I.G., one of the most influential rappers in hip-hop history.
P. Diddy (Cont.) • Bad Boy Records produces hip hop albums by a variety of artists. • Annual Revenues of up to $300 million. • He made the Bad Boy Entertainment company successful by promoting many famous artists
P. Diddy (Cont.) • He also founded the Sean John clothing line, which sells apparel for men and women; it operates in New York City. • He made this company successful by paying attention to what the people wanted and adjusting his production accordingly. • Sean John has annual sales of about $24 billion.
Michael Cordua • Founded Cordua Restaurants which provides Latin American Cuisine in Houston, Texas. • Annual revenues from around $1 to $2.5 million
Michael Cordua (Cont.) • What made his career successful was his ability to teach himself to cook and his practice over time with his family. • He one of the few people (including his uncle) to bring South American style restaurants to the U.S.
Vera Wang • Founded Vera Wang Wedding Dresses Company • The company sells wedding dresses, perfume, and other clothing.
Vera Wang (Cont.) • She worked at Ralph Lauren as a design director, which is how she became famous for her designs • The company brings in annual sales of about $700 million
Hugh Hefner • Founded Playboy Enterprises Inc., which sells magazines • He grew up working in the publishing business, which gave him insight into how to run Playboy Enterprises in the future.
Hugh Hefner (Cont.) • One of the main things that made his company successful was his ability and willingness to take risks such as being prosecuted for distribution of obscenity through mail.
Oprah Winfrey • Started The Oprah Winfrey Show as a talk show for people who had been emotionally traumatized during their childhood. • After a while, she started interviewing famous celebrities
Oprah Winfrey (Cont.) • The Oprah Winfrey Show generates profit of about $180 million annually • She made the show successful by interviewing well-known people, talking to the people about important issues, etc.
Mary Kay Ash • Founded Mary Kay Inc., which sells cosmetics • What made her successful was her marketing skills and ability to convince many people to buy her products • Annual Sales of $2.6 billion world wide
Mary Kay Ash (Cont.) • Annual Sales of $2.6 billion world wide