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Famous Entrepreneurs

Famous Entrepreneurs . Sean Knapp, Sam Martinez Lakshay “Filler Words” Gilja. Entrepreneur Defintion. a person who organizes and manages any enterprise, especially a business, usually with considerable initiative and risk. Oprah. Harpo Productions Inc. Multimedia Production Company

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Famous Entrepreneurs

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  1. Famous Entrepreneurs

    Sean Knapp, Sam Martinez Lakshay“Filler Words” Gilja
  2. Entrepreneur Defintion a person who organizes and manages any enterprise, especially a business, usually with considerable initiative and risk
  3. Oprah Harpo Productions Inc. Multimedia Production Company Current annual sales: 50-100 million One of the most influential people in the world.
  4. Oprah Being a black woman slowed her success First black woman on talk shows Interviews notable figures Helps charities- Gives impression as a caring individual. Makes people more keen to listen. Secret- Always had a sense of purpose Enriches society’s view on events depending on how she portrays them in the films.
  5. Jennifer Lopez Company Name: JLO by Jennifer Lopez Lifestyle brand that incorporates every aspect of her life Sells clothing, fragrances, jewelry, etc Sells products in 40 different countries Current Total Revenue: 5.7 million dollars
  6. Jennifer Lopez (Cont.) Reasons for her success: She has been very popular musically, in acting, and on TV This fame makes her clothing more desirable Refused to accept failure Disadvantages of being a minority in business: She does not have as much support in America Many people are prejudiced against Latin American women Company clothing sales fuel the economy and provide jobs for many people
  7. Paris Hilton Has her own fragrance Perfume Cologne Current annual revenue approximately $100 million Company success is due to people enjoying the fragrance
  8. Paris Hilton (Cont.) Being a woman caused he to get into this business The company is vital to economic success because the sales go back into the economy
  9. Beyoncé Company Name: Beyond Productions Beyoncé’s personal clothing line Has launched three clothing lines House of Deréon, named after her grandmother Deréon, junior lifestyle collection Deréon girls, young girls collection
  10. Beyoncé (Cont.) Reasons for Beyoncé’s success: Very confident and intelligent Her fame brings popularity to her clothing Disadvantages of being a minority in business: Received less respect from her business peers People didn’t take her business as seriously Contributes to the economic development of the U.S. by providing jobs
  11. Ivanka Trump Ivanka Trump Diamond Jewelry Wide variety of jewelry Annual Sales: $160,000
  12. Ivanka Trump (Cont.) Success- Busy location. Successful family. Easy publicity. Needed to work harder for same publicity. Diamond earnings have boosted the economy.
  13. Kim Kardashian Dash clothing store Company sells clothes Only women’s Current annual revenue $500,000 Her company is successful because she is famous
  14. Kim Kardashian (Cont.) Being a woman she felt more experienced with women’s clothing It contributes to the economy with each sale
  15. Partnerships Two or more persons who join to carry on business together Each person equally shares the profits and losses in the partnership Advantages: There is a greater capacity for racing funds Disadvantages Actions of one partners binds the entire partnership Profits must be shared with others
  16. Partnerships (Cont.) Examples of Business partnerships Ben and Jerry’s Starbucks Apple How partnerships are taxed: Taxes pass through the business to partners who pay taxes on their individual income tax returns
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