Word: entrepreneur
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Dates: during 2000-2009
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Last year three Jive releases finished among the Top 10 best-selling U.S. albums: Spears' Oops!...I Did It Again, Backstreet's Black & Blue and 'N Sync's No Strings Attached. If you think that's just kid stuff, think again. Privately owned by South African entrepreneur Clive Calder, Jive (and its parent company, Zomba) rode the teen wave to an estimated $800 million in sales last year, making it the world's largest independent label. Jive's 6.7% U.S. market share placed it well ahead of better-established labels, including Arista (4.9%) and Def Jam (3.9%). This year Zomba...
...hard to imagine that Paul Fireman has much in common with Allen Iverson. Fireman is the fleshy 57-year-old entrepreneur who plays golf and goes deep-sea fishing in what spare time he has. Iverson is the prince of the National Basketball Association, a coiled, 6-ft.-tall 26-year-old who spends his spare time playing video games and barking out gangsta rap music...
...Fireman sees it, the conventional approach to business is boring, so bring on the controversy, play the game by your own rules, be a real entrepreneur. Back in the early 1990s, when he was already earning a seven-figure salary and bonuses, he was denied membership at a country club near his New England home. Fireman assumed the club turned him down because he is Jewish. He didn't fight for entry; he bought his own country club, decked out with an 18-hole golf course, an Olympic-size pool and tennis courts. That helps explain why he identifies with...
Meanwhile, Peterman can't help being an entrepreneur--he's been dreaming up future licensing ventures that include "a company that supplies safaris and other adventure travel in the Peterman style" and a TV shopping show. "Not a shopping channel," he says, "but a show done in a Peterman way, like 'shopping the world with J. Peterman.'" The key to such plans, he adds, "is that I remain in control and focused on the Peterman brand...
...some ways, the name brands--not only the Microsofts and Nokias but also the Kodaks and Gaps--are making a devil's bargain. If some entrepreneur has a revolutionary idea for a videophone or an instant tooth flosser, all he has to do is get Wal-Mart to agree to sell it and then get Sanmina to design and build...