Bob Johnson on Wealth Building

by Dual Income No Kids on April 1, 2008 · 0 comments

Hi All,

I’m hitting the books today, so there isn’t much time to blog. This posting is a quick profile on Bob Johnson. In case you don’t know who Johnson is, he is one of America’s two billionaires – the other being Oprah Winfrey. I like Johnson for a number of reasons. First, he’s been a huge success in an economic environment that isn’t always conducive to African-American wealth building. Second, he’s got good business models. For example he founded Black Entertainment Television (BET) and currently owns a ton of hotels.

The video is a brief seven minutes, but you might consider listening to the guy talk. Johnson seems to have a strong sense of how to position his cash and take positions in profitable industries. This is instructive even if you’re not a high powered businessman.

Best,

James

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