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Words: | Submitted: Mon Jun 19 2006
... this sunrise will never set. These African-American corporate leaders, young visionaries, and entrepreneurs are making an incredible impact in the corporate landscape. Daymond John, founder and CEO of FUBU clothing, is one of the youngest African-American entrepreneurs in the world. John started his business ten years ago by selling tie top hats out of his home, which he mortgaged for $100,000.00 ("The Company"). It was easy for John to jump into the business because he "saw that there were no young African-American designers-even though young African-Americans spend heavily on fashion" (Balu). For being a relatively young company, FUBU has won many awards for its entrepreneurialship. Among the many honors that it has received are two Congressional Awards, two NAACP Awards, and FUBU was the first company to ever receive the coveted Essence Entertainment Essence Award ("The Company"). FUBU was also the "first clothing maker to use music videos to market ...
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