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AALBC.com's Thumper's Corner Discussion Board » Culture, Race & Economy - Archive 2004 » BLACK ENTERPRISE Hot List (50 under the age of 40) « Previous Next »

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Troy
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Username: Troy

Post Number: 28
Registered: 01-2004

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Posted on Tuesday, February 24, 2004 - 10:46 pm:   Delete Post View Post/Check IP Print Post    Ban Poster IP (Moderator/Admin only)

I attended a presentation this evening featuring five of Black Enterpise's 50 Best and brightest under 40. (L. Londell McMillan, Attorney & Entrepreneur, Andrea Nelson Meigs, Talent Agent, Creative Artists Agency, Gregg A. Gonsalves, Investment Banker, Goldman Sachs & Co., Omar Wasow, Website Director, BlackPlanet.com, Susan Chapman, Director Global Real Estate, Level 3 Communications).

Being over 40 myself I never felt so old in my life (smile). I have to say I was impressed by the accomplishments of these young people.

A couple of points raised which I agreed with a great deal Londell mentioned, in effect, the the civil rights goal of pushing us into coporate America was a mistake -- entrepreneurialism should have been a compment.

Omar stressed that hard work is a better predictor of success that natural ability (studies I've read support this as well).

They all agreed that you must do what you enjoy and stressed the importance of surrounding yourself with positive people.

The ladies touched on the issue of the trade off between family and career. I was glad to hear Andrea Nelson Meigs say that you can't do both (or at least she could not). Realistically you can't unless you hire a nanny or two to compenstate.

Overal these were well educated, articulate, attractive, smart and successful people. Glad to see Black Enterprise continue to celebrate our non-celebrity sucesses.


More about the BE Hot List

December's Hot List Showcases 50 Young Leaders at the Top of Their Game


NEW YORK, Nov. 13 /PRNewswire/ -- They're young, bold, innovative, and powerful. These characteristics, and more, have earned members of an exclusive cadre of professionals and entrepreneurs, a spot on the Black Enterprise Hot List, comprised of 50 individuals under the age of 40 who are at the top of their game. From entertainment and technology, to politics and finance, these movers and shakers represent our editors' picks as emerging leaders in their respective fields. Those selected by BLACK ENTERPRISE for our 14-page December cover feature have either transformed industries through innovative products and practices, broken new ground in a particular field, produced millions of dollars in revenue with their talent and business prowess, or influenced the strategic direction of some of the world's largest corporations. "The Hot List represents the best and brightest of generation exceptional," says BE Associate Editor Tanisha Sykes, whose mission it was to create a snapshot of young, extraordinary people doing extraordinary work today, as well as a mix of up-and-coming leaders of tomorrow. "This compilation of talent demonstrates that African Americans are capable of anything. In addition to familiar names such as Halle Berry, "Tiger" Woods, and the Williams Sisters, this group also includes lesser known executives, entrepreneurs and even scientists who are making their mark."
December's Hot List includes profiles of achievers from "Generation Exceptional" including: Amy Barnett, Managing Editor, Teen People, Susan Chapman, Director Global Real Estate, Level 3 Communications, Dave Chappelle, Comedian & Executive Producer, Sonya Summerour Clemmons, Bioengineer & Founder of SSC Enterprises, Missy "Misdemeanor" Elliott, Artist & Music Producer, Harold Ford Jr., U.S. Representative (D-Tenn), Gregg A. Gonsalves, Investment Banker, Goldman Sachs & Co., Colin Hill, Cancer Research, CEO, Gene Network Sciences, Kwame M. Kilpatrick, Mayor of Detroit, Alfred C. Liggins III, CEO, Radio One, Aaron McGruder, Creator, Boondocks Comic Strip, James McLurkin, Research Scientist, iRobot, , Dana "Queen Latifah" Owens, Actress & Entrepreneur, Omar Wasow, Website Director, BlackPlanet.com, and Pharrell Williams, Music Producer & Entrepreneur.

The complete Hot List appears in December's BLACK ENTERPRISE, which hits newsstands on November 18.

Download this release plus additional news items and images at www.blackenterprise.com/press.html.

BLACK ENTERPRISE, your ultimate guide to financial empowerment, is the premier business and investment resource for African Americans. Since 1970, be has provided essential business information and advice to professionals, corporate executives, entrepreneurs, and decision makers. The publication provides 4 million readers with monthly information on entrepreneurship, careers, and financial management. As the definitive source of information for and about African American business markets and leaders, black enterprise is the authority for business news and trends. The magazine is published by Earl G. Graves Publishing Co.
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Yukio
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Username: Yukio

Post Number: 51
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Posted on Wednesday, February 25, 2004 - 01:51 am:   Delete Post View Post/Check IP Print Post    Ban Poster IP (Moderator/Admin only)

hmmmm....i'm not a business person, but i don't think it was a "mistake" to push black folk into corporate america...i would say it was a limited strategy....(1)i think both, corporate america and entrepreneurism, are important...(2)it is really disingenious to use the word "mistake" if we consider that the world of today was quite different than it was 40yrs ago....in other words, there is no way they could have anticipated what and how things would turn out....I wonder how these people got their starts....if they are under 40, then they were getting there college degrees in the 1980s...a very different world than the 60s and 70s....also, i wonder how many of them got their start in the corporate world...and how many of them started with huge bank loans or one of those small mom and pops joints....
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Cynique
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Post Number: 58
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Posted on Wednesday, February 25, 2004 - 03:33 pm:   Delete Post View Post/Check IP Print Post    Ban Poster IP (Moderator/Admin only)

And don't forget that there was - and still is a very high rate of failure in the small business venue; most of these enterprises fold within 2 years' time.
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Troy
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Post Number: 31
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Posted on Sunday, February 29, 2004 - 05:19 pm:   Delete Post View Post/Check IP Print Post    Ban Poster IP (Moderator/Admin only)

Yukio, I did not do a good jon paraphrasing Londell. Londell did say that both were important, however entrepreneurism has been left out.

Cynique, sure most businesses fail within a few years but that simply because more people, not know what they are doing. How to make money on your own is something that is not taught. We are taught to get a job from someone else.



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Yukio
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Post Number: 56
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Posted on Sunday, February 29, 2004 - 06:03 pm:   Delete Post View Post/Check IP Print Post    Ban Poster IP (Moderator/Admin only)

troy:

Gotcha!

Now, as it regards your comment to Cynique, I must say that there are no guarantees....even when folk "know" how to make money, there is no guarantee that they will. I just don't believe anything is so formulaic, such as knowledge will ensure that you're business will be successful....that assumes too much power is actually in your hands!
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Chrishayden
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Username: Chrishayden

Post Number: 8
Registered: 03-2004

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Posted on Wednesday, March 03, 2004 - 04:39 pm:   Delete Post View Post/Check IP Print Post    Ban Poster IP (Moderator/Admin only)

Yukio. Yukio. Yukio.
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Troy
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Post Number: 38
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Posted on Thursday, March 04, 2004 - 02:51 pm:   Delete Post View Post/Check IP Print Post    Ban Poster IP (Moderator/Admin only)

Yes Yukio there are no guarantees. The reverse is also true. Someone who is completely unprepared can become very sucessful.

In general, you can't make it if you are not in the game and you improve your odds of suceeding if you are prepared. We need more of us in the game -- of business owenership.

Some sent me a stat the other day that said (roughly) in 1860 97% of Black people in the US worked for someone white and the same is true today. I don;t know if this is true, but I would not be surprised.

Peace
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Yukio
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Post Number: 71
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Posted on Sunday, March 07, 2004 - 07:11 pm:   Delete Post View Post/Check IP Print Post    Ban Poster IP (Moderator/Admin only)

Troy:

My points was not that black people shouldn't be entrepreneurs, but that we shouldn't blame the cr"leadership" for not placing it as the foundation of our agenda. As in my other posts to you, in another thread, i don't believe in formulas, but I do believe in preparation.

I do, however, believe in black entre. and participation in the corporate world, it is the latter where one learns how the world really works(at least economically and politically). I don't, however, really believe that this power necessarily has anything to do with the life chances of the larger black community....if it is true that everyone can not be rich, then it means that gaining wealth is as much about getting the right job and education as it is having the political clout to make some changes....in the real world, power is fought not in the office but in the legislature in connection with the office.
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Troy
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Post Number: 42
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Posted on Sunday, March 07, 2004 - 09:17 pm:   Delete Post View Post/Check IP Print Post    Ban Poster IP (Moderator/Admin only)

Yukio:

It may be the formula thing is the crux of any differences we may have for I believe in formulas (assuming I understand your analogy). While I may not have phrased it that way; the essence of the statement is true. That is not to say I believe that life is as absolute as a formula -- clearly it is not. What I do believe is that steps you take (the formula) will lead to a range of outcomes in the majority of cases.

See, I believe everyone can obtain wealth. I also know that everyone will not take the steps necessary (apply a formula) to obtain wealth. As a consequence, I know everyone will not obtain wealth -- or even independence.

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Yukio
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Post Number: 72
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Posted on Monday, March 08, 2004 - 03:15 am:   Delete Post View Post/Check IP Print Post    Ban Poster IP (Moderator/Admin only)

Even if everyone applied the formula for wealth, (which would be impossible because most folk don't have the resources, wealth, and the education to implement the formula), eveyone could not attain wealth.....the horatio alger story just doesn't work, though i think we can believe in education, perserverance, without necessarily accepting that equality of opportunity exists, but that is another story....

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