Refashioning the Familiar
Amway's Candace S. Matthews was able to update a brand and enhance its global presence.
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Amway's Candace S. Matthews was able to update a brand and enhance its global presence.
“There is no plan B for passion,†Chris Gardner ÂÂÂwrites in his new book, Start Where You Are: Life Lessons in the Pursuit of Happyness (Amistad; $26.99). It’s more than a slogan or positive affirmation. For Gardner it’s been the driving force by which he has defied the social imprint set by an absentee father and an abusive, alcoholic step-father and lifted himself out of homelessness. “I knew I was going to be world-class at something,†he often says. Gardner discovered that his calling was in the world of finance. After perfecting his skills at two major financial services firms, first at Dean Witter Reynolds in a low-paying training program, and then at Bear Stearns, Gardner used $10,000 to launch his own brokerage firm, Gardner Rich L.L.C., and operated out of his home in Chicago. Today, some 22 years later, he’s a smash success. Combined revenues for his ventures, including book sales and speaking engagements, are expected to exceed $10 million for 2009.
Thinking about buying a franchise? These 20 recession-resistant franchises are not only outperforming now, but are poised to generate returns well after the long-awaited economic recovery arrives.
MySpace. Facebook. Blogs. It seems like only yesterday these were just incomprehensible sounds mixed into the conversations of my teenaged grandchildren. Later, employees of black enterprise, led by our Technology Editor Sonya A. Donaldson, began insisting that this strange new thing called social media was changing global industry and would offer fantastic opportunities to help level the playing field for black entrepreneurs. I’ll be honest: I was among many in our company who didn’t initially appreciate the potential of social media for our business.