Leadership

             "You lift me, and I'll lift you, and we'll ascend together."
             There is a new sun rising over the horizon. Unlike the many suns that have risen during the last few decades, this sun is multifaceted. This sun is red, yellow and every shade of brown imaginable. As this new sun climbs into the sky, it is carried by a new generation of African-American visionaries and entrepreneurs and with them are the hopes and dreams of a race of people. African-Americans, for many decades, had yet to make a breakthrough into the corporate world and hold positions such as CEO, chairman, president, or vice-president. "According to the Bureau of Labor Statistics Division of Labor Force Statistics, there were 19 million executives, managers and administrators in the U.S. labor force in 1998. Of that number, 7.2% were black. In 1988, only 5.6% of the nation's executives, managers and [administrators] were African-American; by 1991 that number had grown slightly to 5.7%" (Whigham-Desir). Now, there is a new sunrise and unlike the others before it, 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 Entert...

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Leadership. (1969, December 31). In MegaEssays.com. Retrieved 10:06, April 26, 2024, from https://www.megaessays.com/viewpaper/16996.html