Minority entrepreneurs have many barriers they have to overcome in order to be successful. Some typical problems they face are limited access to capital, lower equity investments, and less exposure to entrepreneurship. Minority entrepreneurs are twice as likely to be turned down for traditional lending, which can discourage them from even applying for a loan. Not only that but they are less likely to be considered by traditional or angel investors. They also generally live in run down areas, with poor schooling and less access to successful people. One entrepreneur who has hurdled over all the barriers and became extremely successful is Russell Simmons, the co-founder of Def Jam Records.
Biography of Russell Simmons
Russell Simmons was
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There hasn’t been a label whose fortunes have been so intertwined with hip-hops fortune. However, they were not the first label to put out rap and not as many revolutionary artists as one might think. So why do they have an almost mythical status? Def Jam got its status because Simmons recognized the worth of hip-hop music, and saw how it could expand into a cultural revolution. Def Jam’s started in Rick Ruban’s NYU dorm, with each Simmons and Rubin only investing a few thousand dollars each. Their first official release was LL Cool J’s I need a Beat. It sold more than 100,000 copies giving Simmons the leverage he needed to cut a deal with CBS Records for distribution. This deal was the first of its kind for hip-hop. Simmons secured Def Jams future by making clever decisions that seemed insane at the time, such as pairing Run D.M.C. with Aerosmith on the cover of Walk This Way. The video of this duo finally got hip-hop onto MTV, which had a negative view on rap at the time. Rubin left Def Jam in 1988, making Simmons the sole head of the company. Simmons also tried his hand in producing movies; his company’s name is Simmons Lathan Media. His first of which was called Krush Groove (1985). This was a fiction that was loosely based on Simmons’ life. It was originally supposed to be a plotless vehicle
I’m typing a paper on african american entrepreneurship.Here are some people that i’m typing about is Avonda Turner, Founder and Ceo of Erin/Anderson,entrepreneurship was never the mission-more like the calling,graduated from old Dominion University. Ayonna Howard, Ph.d,Founder and Cto of Zyrobotics,I’ve always had a heart for children with special needs.Aaron Walker,Founder of camelback Ventures,He also had his own way of his path.Christine Souffrant,Founder and Ceo of Vendedy,entrepreneurship came from upbringing in Haiti.Stacia Pierce,Founder and Ceo of ultimate lifestyle enterprises, her father gave stacia her own business when she was 13 years old,her first experiences as a leader. Sid
The genre created in very poor districts, like the Bronx, in New York by African-American and Latino teenagers. They learned how to use turntables by working as DJs at discos. DJs and MCs would play at free block parties. An MC is an abbreviation for Master of Ceremony his/her job is to focus on skills, lyrical ability, and subject. So, during block parties, the DJ would play music and the MC encouraged guest to have fun. Parties went on MCs slowly started to rhyme while they were performing. Hip-Hop was only played live at first until Sugar Hill Gang released Rappers Delight in 1979. Rappers Delight was a huge success for hip-hop. Personally, I consider the Sugar Hill Gang the founding fathers of Hip-Hop.
In the United States, entrepreneurships and small business are considered an essential part of our nation’s economic growth, and also is responsible for many new services and products. However, according to a study performed by The United States Census Bureau’s Annual Survey of Entrepreneurs, only 2.8 percent of minority owned businesses are owned by American Indians in the year 2016. Although there have been federal and state programs that have provided resources for Native American Indians to start and operate small businesses, there seems to be no evidence of entrepreneurial education. This basically is leaving the Native American population to teach them the necessary knowledge to run a business. The must use self-determination in order
Carmen Ashurs-Watson, former President of Def Jam records, explains in Hip Hop: Beyond Beats and Rhymes that “gangster music” became popular when?
In 2002, the latest year for which statistics are available, there were 170,241 African Americans enrolled in degree-granting graduate schools. This was an all-time high. Blacks were 8.4 percent of the total enrollments in U.S. graduate schools
This results from descendance of rappers from Griots. Griots were keepers of knowledge, including tribal history, and news of birth, death, and war. Many griots spread knowledge through spoken words just like hip hop rappers (Blanchard). Rappers create songs that spread news of their daily lives, dreams, and childhoods. They are viewed as the voice of the poor and urban African American youth who are misrepresented by the media. Rap is more than just saying words on a hip hop beat, it allows rappers to speak for their community and voice concerns. Rap was well known in African-American communities, but became prominent in 1979 with the song “Rapper’s Delight” by Sugarhill Gang. Within weeks, rap began topping the music charts which ultimately led to it gaining the name “new genre of pop music.” The first group to bring rap to a mainstream audience, MTV, was Run D.M.C. Run D.M.C was a trio of middle-class African Americans who came together in the early-1980s. They mixed rap with hard rock, shaping a new style of hip hop known as “New School Hip Hop.” New School Hip Hop was also pioneered by Def Jam which was a rising record label for rappers and DJ’s. Def Jam introduced many artist such as LL Cool J, the Beastie Boys, and Public Enemy. The Beastie Boys broadened rap’s audience, becoming one of rap's first all white male band, On the other hand, Public Enemy invested rap with radical black political ideology
Once Simmons and McDaniels rapped infront of Mizells, they all decide tobecome close friends. Having Russell around, he helped them record their first single called “Street Kid”,they’re song came to a failure, but they didn’t mind because they knew it was just the beginningfor them. Simmons had a plan to record with McDaniels but Russell refused because he didn'tlike McDaniels style of rapping. Once they went to college, Simmons and McDaniels convincedRussell to do a Duo and add Mizell. Russell decided to help them out and make a single but hadto change their name to Run DMC, they hated the name but went along with it because theywanted to record. At this time, their fame was so big they started to be on VH1 making documentaries.After awhile, everyone started to go there own ways by recording solo. Even though theyseparated in the 80’s, everyone knew their music would never die, it is a legacy. The way theymade this happen was by taking hip hop and rap away from funk and disco and made it its ownsound. Run DMC was not worried about the West Coast, however in 1988 N.W.A came out with“Straight Outta Compton” and that's when Run DMC had to come out with “Tougher thanLeather”.In 1984, Arabian Prince was a producer that produced a hit single for J.J. Fad. AntoineCarraby, aka DJ Yella, was a record producer and a film director. Andre Romelle Young, aka Dr.Dre, was an Dj at the nightclub “Eve After Dark”. Eric Lynn Wright, aka Eazy E, was also arapper, to Ruthless
Russell Simmons would continue his career by going on to work with and mentor/help well known performers such as Will Smith when he was known as the “Fresh Prince”, and along with Will he would also help the rap group Public Enemy to huge mainstream success. Russell Simmons was quoted saying in an interview when he was asked if he invented the rap genre “no, I didn’t invent it but I was the first to believe that the artist was bigger than the song. Other labels believed that artists only live record to record. I didn't have that disco mentality that you threw the artists away after the song
To evaluate the question as to whether minority candidates are disadvantaged in campaign funding support, a dataset constructed of the amount of monetary support for a candidate, candidate characteristics, and district characteristics, is needed. The difficulty in the data collection effort is the small number of minority candidates running in any given year in a general election cycle (Hogan and Thompson 1998). Extending the timeframe across several years would increase the number of minority candidates in the dataset, yet, one aspect to consider when evaluating the data is the number of times the same candidate is in the data set, yet accounting for incumbency and challenger status can help to indicate if certain candidates are driving the funding support levels. At the federal level, many elected officials come from safe districts where incumbents have the advantage and are reelected at a high rate.
The hip-hop culture began in the streets of New York City during the 1970’s and has gone through tremendous changes up until now. Hip-Hop consists of four elements: rap, graffiti, break-dancing, and the disc jockey. In this paper, I intend to fully explain the evolution of rap music, from its infancy to the giant industry it is today.
I have been hearing this for years. Black owned construction companies are still complaining that they are not getting contracts. What’s up? It is 2016, why are Black construction companies and suppliers still not incorporated into public and private construction projects? Black-owned suppliers are not getting contracts What are the barriers? Advocates from across the state are voicing their disapproval about Black companies not getting their fair share of government projects or projects being built in predominately minority neighbors.
Russell not only made hip-hop mainstream he gave youths around the world artist they could relate to such as Run DMC. Run DMC was a good group to market because they stayed true to their roots and their fashion was part of the hip-hop culture.
Hip- hop has become a phenomenon throughout youth culture. Many believed hip-hop was only a phase of music like disco, but as the genre continued to expand and evolve, it became clear that hip-hop was here to stay. (History of hip- hop: past, present, future) Hip- hop is made up of 2 main elements, DJing and rapping. DJ is short for disc jockey, which is a person who usually uses turntables to make music, and rapping is talking and chanting in an easy and familiar manner. (Hip-Hop: A Short History) In writing this research paper, I will explain the most impactful years of hip-hop, and the events surrounding them, starting from 1979, when Sugarhill Gang released “Rappers Delight”.
Chart 2 displays the management topics and the percent of respondents who indicated the topic was a problem when starting their business.
initiative is to attract outside capital, given the lack of collateral and sufficient cash flows and the