All Articles Tagged "businesses"
When The Money’s Gone: Damon Dash Claims He Is Broke & Can’t Pay His Bills
Derrick Salters/WENN.com
If this is true, Dame Dash is drowning in debt right now.
In a report by The New York Daily News, Dash filed papers on Tuesday saying is so deep in debt that he cannot pay his personal bills, which includes his rent in a Carmel, NY mansion where he is currently behind in rent by $100,000.
Over the past few years, Dash has lost two New York City lofts to foreclosure, his vehicle has been seized, he owes $2 million dollars in New York State taxes, an undisclosed amount in federal taxes and he says he’s facing criminal charges for non-payment of New Jersey state taxes.
Wow.
On Thursday, Dame went to court to ask the judge not to garnish his wages (whatever they are). He says that at this time, his money goes to the following (your mouth will drop):
- He pays $24,000 every three months to his ex-wife, fashion designer Rachel Roy, for child support of their two kids, and to cover money owed on the lofts.
- New York state forces Dash to send another $4,341.10 per month for support of his son, Christian.
- He paid nearly $20,000 in garnished wages in late 2012 for other debts.
- And he faces a pending $40,000 tax payment for business earnings.
Dash says in paying for all that, he is barely keeping his business afloat let alone able to pay his personal bills.
Well, we can see how that could be the case.
Dame sent a message through his attorney saying:
“I’m an independent businessman and this is what comes from business. I have the guts to fight my battles on my own and it’s entertainment to everybody else because I’m so cool about it.”
How “cool” can you really be when you’re obviously still spending beyond your means and barely have a place to lay your head?
It sounds like someone needs to put their pride to the side and get himself together.
Business And Bedroom Partners: Celeb Couples Who Work Together
Oftentimes when couples mix business with pleasure, it can cause tension in the relationship but not for these couples. Here are 15 celeb couples that became partners in the bedroom and boardroom.
WENN
Daytime darling Kelly Ripa met her husband Mark Consuelos on the set of ABC’s “All My Children.” After keeping their relationship a secret for over a year, the couple snuck off to Vegas to elope. Ripa and Consuelos continued to play married couple Hayley and Mateo on the soap opera for six years until leaving the show. Having no problem working together, Ripa and Consuelos founded production company Milijo in 2007 and made several films that premiered at the TriBeCa Film Festival.
Peaches & Green: The Business Ventures & Side Hustles of the Real Housewives of Atlanta
By Giselle Melanson Tattrie
Source: wetpaint.com
Money always seems to be a hot topic on “The Real Housewives of Atlanta” – who has a sugar daddy, whose car got repo’d, who rocks designer label bags, who is playing with whose money and who is “rich.” That’s why we’re taking a look at the always interesting business ventures of the Atlanta Housewives and what they’re up to during their off-season – from wig designs and wine endorsements, to sex toys and funeral parlors, they’re keeping the dollars coming in all year round.
Source: beautifulstatic.com
Kim Zolciak: Singer/Wig Designer/Wine Endorser
Much of the first few seasons of “The Real Housewives of Atlanta” focused on Kim Zolciak’s burgeoning singing career – initially in country music, and she was also getting big money from her former sugar daddy, Big Poppa. Along the way, the former LPN also picked up a wig line, which she hasn’t quite “pulled off” yet (unlike Sheree.) Zolciak has also endorsed a line of fruit flavored wines. In 2011, her net worth was $500,000.
Source: http://mrsgrapevine.com
Linnethia “NeNe” Leakes: Actress/Businesswoman
The fourth season of “The Real Housewives of Atlanta” opened with NeNe Leakes screaming that she is “rich, b***h!” and bragging about her appearance on “Celebrity Apprentice” (which was later parodied on a YouTube remix.) But over the last year, Leakes has really blown up outside the reality TV show realm. She has landed a recurring role on “Glee” as well as a spot on the new sitcom, “The New Normal.” Leakes was also shown mixing business with pleasure in season four during meetings with “business partner” and pizza tycoon, John Kolaj, who showered her with lavish gifts. (“You get lunch; I’ll get the Louboutins!”) And don’t forget, Leakes is also an accomplished author. Check her book, Never Make the Same Mistake Twice: Lessons on Love and Life Learned the Hard Way. She was toting a net worth of $4.5 million in 2011.
Source: http://4.bp.blogspot.com
Kandi Burruss: Singer/Songwriter/Sex Toy Designer
When Kandi Burruss joined the show in season two, she stood apart from the rest of the cast because her background was one of legit show business success. A former member of the ’90s R&B girl group, Xscape, Burruss also has a Grammy award under her belt for co-writing “No Scrubs” with TLC and has been a major songwriter and producer for years. Since becoming an Atlanta Housewife, Burruss has launched a line of adult toys called “Bedroom Kandi” that features a vibrator that moves to the beat of whatever music is playing. (This thing her mom uses is not one of them.) Aside from that, she has her own adult Ustream program called Kandi Koated Nights, and has her own competition show on Bravo called, “The Kandi Factory.” Burruss seems to be the wealthiest cast member, with a net worth of $35 million in 2011.
Businesses Play Increasing Role in Anti-Terrorism
(Huffington Post) — Ultimately, it was the keen eye of a Texas gun shop clerk that helped authorities find an AWOL soldier who’d stashed bomb-making material in his nearby motel room for a planned attack on Fort Hood soldiers. The tip that led Killeen police to Pfc. Naser Abdo on Wednesday prevented what could have been the second terrorist attack on the Army post, following a 2009 shooting rampage in which an Army psychiatrist is charged with killing 13 people. Earlier this year in Texas, a shipping company that told the FBI about a suspicious order for a chemical explosive foiled an alleged plot to blow up former President George W. Bush’s Dallas home. The enduring lesson for a post-9/11 world: America’s work force plays a crucial role in preventing potential terror attacks.
Brandy & Ray-J Are Not the Only ‘Family Business’
With Brandy & Ray-J mixing family with business on their new VH1 show, we might be tempted to forget other siblings who’ve been making business happen too! Check them out, after the jump…
Businesses Worth a Little More
(Atlanta Business Chronicle) — An uptick in small-business prices in metro Atlanta could hint at a broader economic recovery.
Prices of small businesses that sold in the first quarter in metro Atlanta rose a modest 4 percent, according to new data from online business listing service BizBuySell.com. Yet, the number of small business sold in the first quarter, as tracked by BizBuySell, took a dive compared with the same period a year ago.
Businesses That Grew From Little-Known to World-Famous (TAP)
- China Okasi, TAP
Whether you’re a budding entrepreneur, or a veteran business mogul, it’s easy to forget the virtues of patience and endurance that are required for business growth. Here are five business models that sprung from modest beginnings to national, and, in some cases, global success.
5) CAKELOVE
Founder: Warren Brown
How He Grew From Little-Known to “World-Famous:”
(Source: CakeLove) In 2000, Warren Brown left his career as a lawyer litigating health care fraud on behalf of the federal government to pursue a dream and start a business. Sensing that people wanted better cake, he founded CakeLove and opened for business in 2002. With a lot of hard work and positive word-of-mouth advertising, Brown has grown his business from a moonlighting project into seven thriving bakeries.
4) CAROL’S DAUGHTER
Founder: Lisa Price
How She Grew From Little-Known to “World-Famous:”
(Source: Carol’s Daughter) In the early 1990’s, Brooklyn native Lisa Price (a.k.a. Carol’s daughter) began experimenting with fragrance, essential oils and natural moisturizers to make gifts for her family and friends. Soon after she packaged her home-spun creations, word spread like wildfire and the demand for her unparalleled hair and body care products led to a highly successful mail-order and web-based business. Within a few years, Carol’s Daughter counted celebrities like Jada Pinkett Smith, Mary J. Blige, Erykah Badu, Brad Pitt and Chaka Khan as loyal fans, or as she refers to them, “friends of the family.”
3) MISS JESSIE’S
Founders: Titi & Miko Branch
How They Grew From Little-Known to “World-Famous: “
(Source: MissJessies.com) In 1997, sisters Titi and Miko Branch, opened Miss Jessie’s Salon to respond to the demand for expertise in natural hair and naturally curly hair. Their experience with curls started over 20 years ago. Born to a Japanese mother and African-American father Titi and Miko had a head full of hair that was multi textured. “Back then our parents were attending school so this left little time to care for our hair” lamented Titi…
With the introduction of Curly Pudding, Curly Buttercreme™, Curly Meringue®, Baby Buttercreme™, Unscented Curly Pudding™and now Rapid Recovery Treatment®, Miss Jessie’s products soon garnered a cult following and continues to be a market innovator in the natural hair and naturally curly hair segment.
2) Sylvia’s Restaurant
Founder: Sylvia Woods
How She Grew From Little-Known to “World-Famous:”
(Source: Sylvia’s) In 1944, Sylvia married Herbert and started her journey towards a brighter future. Harlem called, and Sylvia answered, as she became a waitress at Johnson’s luncheonette. In 1962, after several years of dedicated service to her employer, Mr. Johnson recognized Sylvia’s entrepreneurial spirit and sold her the luncheonette. Julia Pressley, Sylvia’s mother, whom was a farmer and mid-wife, mortgaged her farm to loan her the money for the purchase.
The than small luncheonette consisted of a counter and a few booths, has now flourished into a family owned enterprise which consist of: Sylvia’s Restaurant in Harlem, Sylvia’s Also, a full-service catering hall, Sylvia’s Catering Corp., a nation-wide line of Sylvia’s Food Products, two deliciously amazing cookbooks, and ATOC, Inc., a real estate firm.
1) Ben’s Chili Bowl
Founders: Ben & Virginia Ali
How They Grew From Little-Known to “World-Famous:”
(Source: Restaurant.org) The story of Ben’s Chili Bowl’s began with Ben Ali and Virginia Rollins. Ali came from Trinidad at age 18 and attended five universities in nine years. A fall down an elevator shaft broke his back and ended his dream of being a dentist. He tried several jobs until he found his calling at Ann’s Hot Dogs.
His fiancée, Virginia Rollins, grew up on a 150-acre Virginia farm. She was a bank teller on what was then Washington’s “Black Broadway” when she met Ali. A week before the couple married, they opened Ben’s Chili Bowl in what had been a pool hall. Today, two of their three sons operate the restaurant and a bar, “Ben’s Next Door,” which opened last fall.
What began 50 years ago as an informal eatery in segregated Washington, D.C., today attracts visitors from around the world. It survived economic blight from race riots, drug wars and construction of a nearby subway station. Throughout good times and tough times, Ben’s Chili Bowl attracted customers from all walks of life: rich and poor, judge and junkie – and just days before his inauguration, President Barack Obama.
