ProHipHop

Beats By Dre Former Partner Kevin Lee Launches New Headphones Company

SOL Republic headphones by Lee

The headphones sales clash involving famed rappers like Diddy, the RZA and 50 Cent has come to a head. Bearing witness to the impact of Dr. Dre’s company, Kevin Lee has seized the opportunity to make his own mark in the headphones game. The former partner at Beats By Dr. Dre has announced the launch of his own company, SOL Republic, to compete with the former.

According to Billboard.com, the son of Noel Lee, founder of audio-video product brand Monster Cable is going to unveil his own line of custom headphones. SOL Republic will focus on two things: mixing fashion and quality in their headphones while offering them to fans at prices lower than those of their competitors. With a price range between $50 to $150, the headphones are expected to attract many buyers.

Kevin Lee is excited about this venture and is beaming with positivity lately. In an interview, he said: “I’m very excited about the success of Beats [By Dre] because it’s a proven concept that people will care about sound, especially young kids,” he said. “With that proof-of-concept in place, I looked at the marketplace and said there is still a huge missing element, which is great sound at a mid-price point.”

Lee’s optimistic point of view regarding his latest products is the best way to introduce its tasteful designs. The headphones will come in two kinds, one with amplifiers for the listener’s ease and comfort and the other in an earbud model to give fans some fashionable choices. SOL Republic’s headphones is also exploring future options in high definition sound.

HIP HOP WALL ST Prepares for Full Launch in 2010


Michael Stewart-Isaacs aka The Coach

Michael Stewart-Isaacs aka The Coach

HIP HOP WALL ST, a project of Michael Stewart-Isaacs focused on social entrepreneurship, motivational speaking and lifestyle coaching, is emerging from beta and preparing for a full launch this year. Michael has been working with young people in Raleigh, NC, including youth at risk, using entrepreneurship as an educational and inspirational tool grounded in practical business information and tools.

For HIP HOP WALL ST:

"Hip-Hop culture is about aspiration, uncommon wisdom, and making the most of challenging situations, from dealing with difficult people to leveraging key relationships. The general objectives of our messages are to create a discussion with the hip hop generation about taking ownership of their future through a fundamental understanding of 'lifestyle entrepreneurship.'"



Michael Stewart-Isaacs' on Living the RAP Life

In the course of working with young people, Michael has been developing a curriculum and a set of principles or themes based on what he's finding works to reach kids where they're at and to help them advance in life. For example:

MESSAGE I. – Living the R.A.P. Life

a. REDEFINE: how learning tips from hip-hop pioneers can help us create a "new life" in a positive way.

b. AFFIRM: the concept of "trusting people" and how that trust can open the doors of human connection as a gateway to what is next in each of our lives.

c. PURSUE: the importance of living your life in excellence and consistency.

HIP HOP WALL ST | PART IV. PUSH THRU

Michael Stewart-Isaacs and HIP HOP WALL ST have been working with the Wake County Gang Prevention Partnership and the Hammond Road Community Task Force on program development and with Hip Hop Haven on fundraising.

Check the HIP HOP WALL ST YouTube channel or the HIP HOP WALL ST official site for more from Michael Stewart-Isaacs.

Snoop Dogg On CNBC With Maria Bartoromo




Snoop Dogg On CNBC

Snoop Dogg made an appearance at the New York Stock Exchange last week and his visit included an interview with Maria Bartiromo above.

Via Hypebot.

Available on iTunes:
Snoop Dogg

Related ProHipHop Coverage:
Snoop Dogg at the New York Stock Exchange
Snoop Dogg: Malice N Wonderland

Over at Hip Hop Press:
NYSE Euronext Kicks Off Global Entrepreneurship Week with "Mentoring Madness" at the New York Stock Exchange

50 Top Business Schools for Entrepreneurs

Entrepreneur magazine and The Princeton Review announce this year's ranking of the top business school for entrepreneurs.  Babson College takes no. 1 for both undergrad and grad school.

2009 Best Schools for Entrepreneurs

25 Top Undergraduate Programs

1 Babson College
2 University of Houston
3 University of Arizona
4 Baylor University
5 Temple University
6 Drexel University
7 University of Dayton
8 DePaul University
9 City University of New York-Baruch College
10 University of Southern California
11 University of Oklahoma
12 Northeastern University
13 Syracuse University
14 Washington University in St. Louis
15 Miami University
16 University of Wisconsin-Madison
17 The University of North Carolina at Chapel Hill
18 Brigham Young University (UT)
19 Xavier University (OH)
20 Loyola Marymount University
21 Ball State University
22 The University of Alabama-Tuscaloosa
23 University of Iowa
24 Washington State University
25 University of North Dakota

25 Top Graduate Programs

1 Babson College
2 University of Southern California
3 Drexel University
4 Tulane University
5 Rice University
6 Temple University
7 University of Washington
8 University of Arizona
9 DePaul University
10 University of Michigan-Ann Arbor
11 University of Wisconsin-Madison
12 Syracuse University
13 Northwestern University
14 Monterey Institute of International Studies
15 University of North Carolina at Chapel Hill
16 University of Louisville
17 University of Illinois at Chicago
18 University of Chicago
19 Washington University
20 University of Oregon
21 Southern Methodist University
22 Rollins College
23 Simmons College School of Management
24 Wake Forest University
25 University of Missouri-Kansas City

Via PR Newswire.

Kevin Liles Leaves Warner Music Group, Goes Indie

The Warner Music Group has announced that “Executive Vice President Kevin Liles has decided to leave his day-to-day role at the company to pursue his own entrepreneurial opportunities. He will maintain a consulting relationship with the company.”

Liles is quoted:
“In the past couple weeks I’ve made one of the most important decisions of my life — to depart the Warner Music Group in order to focus more on new entrepreneurial endeavors in talent management, entertainment, media and my personal philanthropic and political passions.”

I’m sure he’ll have plenty of new business opportunities.

Here’s a bit of excerpted bio on this major figure now making independent moves:

“Kevin Liles’ ascent…began in 1991 when he undertook an unpaid internship for Def Jam in the Mid-Atlantic region. By 1993, he had become the Mid-Atlantic Marketing Manager and by 1998, after only seven years, Liles accepted the position of President of the Def Jam Music Group…”

“In addition to presiding over the label’s artist roster and day-to-day business at Def Jam, Liles oversaw the diversification of the Def Jam brand, including establishing Def Jam South, Def Soul, Def Soul Classics, Roc-A-Fella and Murder Inc. He also led the brand-extension efforts and cross-marketing deals that linked Def Jam’s name to movies, television, DVDs, clothing, financial services, mobile content and video games…”

“Following the merger that created the Island/Def Jam Music Group in 2002, Liles added the title of Executive Vice President of Island Def Jam Music Group to his resume…By 2004, Liles joined Warner Music Group as Executive Vice President and was part of the senior executive team when the company went public in 2005. As the lead executive behind the implementation of WMG’s new 360-degree strategy for enhanced artist partnerships, Liles oversaw the expansion of the traditional record company role in the artist’s career…”

“Throughout 2008, Liles was instrumental in assembling a coalition of like-minded entertainers who made strategic visits to swing states in the final weeks before the historic Presidential election…Liles serves as board member/advisor to Ogilvy & Mather Diversity Board, Harbor Bank, Healthcorps, SEED School of Maryland, New Yorkers For Children, Junior Achievement of New York and is a member of The Executive Leadership Council.”

“He is the bestselling author of “Make It Happen: the Hip Hop Guide to Success” and oversees both Kevin Liles for a Better Baltimore, which invests in the Baltimore community, and the Make It Happen Foundation, which empowers African-American youth to succeed in the business world.”

Official Site: Kevin Liles

Winners, Losers, Winners: Al Gore & Jonathan Abrams

Many have considered Al Gore, former Vice President, and Jonathan Abrams, Friendster founder, to be losers who were once winners.  But Al Gore’s already made it back and is much richer and happier than before.  Jonathan Abrams also appears to be back on a successful trajectory.  These articles are from last month.  Guess what?  They’re still relevant!

Fast Company’s Ellen McGirt has a nice piece on Al Gore’s rebranding success titled Al Gore’s $100 Million Makeover:

One problem he had in politics, he says, was identifying an issue too early–"’predawn’ is the term I use"–to be able to act on it. But "in the business world, particularly at a time when things are moving so swiftly, if you can see it early, you can make a business opportunity out of it." He pauses. "For whatever reason, the business world rewards a long-term perspective more than the political world does."

I already knew Gore was doing well but Max Chafkin’s Inc. article, How to Kill a Great Idea!, clued me into Jonathan Abrams comeback, though it focuses on Friendster’s death by expertise:

By the rules of Silicon Valley, Friendster–a bold idea backed by experienced investor and the best managers money could buy–was destined for greatness. Instead, it failed spectacularly. "I did what you’re always told to do as a young entrepreneur," Abrams says. "I brought on experienced investors to help Friendster fulfill its potential. But the all-star team was the curse of death."

Unless he’s trying to generate some artificial dramatic tension, Chafkin’s closing remarks seem a bit clueless as to why Abrams can’t describe his new project, Socializr, three years out (that’s a fake and, possibly, foolish exercise for this kind of thing) or why Abrams would start a nightclub where he appears to rule (what’s not to like?).  Sounds like a lot more fun than dealing with VCs and watching your reputation tank.

Update:
I’m probably being a bit hard on Mr. Chafkin, though I do believe the nightclub is a nobrainer and that making public statements about Web 2.0 projects three years in the future is a questionable endeavor.

But that doesn’t mean that there is no longer value in thinking three years out, as long as you remember that at any point in the past ten years, almost anybody’s three year vision didn’t hold up.

We’ve finally moved into a period where our feedback mechanisms, from blogs to popular opinion to the stock market, are now fast enough that one can see that reality is complex and nonlinear without having to read Chaos or Linked or The Tipping Point.  That calls for a different approach to planning and, if you buy into Abrams claims about the death of Friendster, he’s in a more appropriate mode than any of his former board members cause he’s living in the present in a manner that puts him on the breaking edge.  And that’s real in a time when traditional biz dev is being outflanked by open platforms with widgets.

Entrepreneur’s Journey, Hip Hop Blogger Sold

Yaro Starak’s Entrepreneur’s Journey is a blog I’ve been checking out lately including this forum post on websites where sites and blogs are bought and sold.

I considered the websites for sale at SitePoint Forum and discovered this listing for Hip Hop Blogger which apparently went on sale earlier this month and is now the property of “Matt N.” I don’t know what the final price was, I doubt it was very much, but I think this is the first hip hop blog sale I’ve seen to date.

By the way, Yaro Starak’s articles on doing biz on the Internet are also worth a look.

Art of the Start Author Guy Kawasaki Starts Blog

Guy Kawasaki, former important guy at Apple, cofounder of Garage Technology Ventures and author of The Art of the Start, now has his own blog called Let the Good Times Roll. Guy’s smart and, if you’re entrepreneurially minded, I highly recommend his book The Art of the Start.

Available from Amazon:
Guy Kawasaki – The Art of the Start

The Hustler’s Spirit, Research & Networking

Hashim Warren relates the “hustler’s spirit” of the Hip-Hop Generation to a research study finding that “Blacks and Hispanics with some graduate level education are the most likely groups to start a new business.” Although it’s another example of how the hustler mentality can be viewed in a positive light, Hashim’s take is mostly speculative in relationship to this particular study.

If you want to follow up and check out more than the section to which Hashim links, the full study is called Entrepreneurship in the US: 2004 Assessment and was produced by Paul D. Reynolds, Director of Florida International University’s Entrepreneurship Research Institute.

In related news, WSJ’s Startup Journal has an article on Networking Resources For Entrepreneurs.

Venture Voice Interviews CD Baby Founder Derek Sivers

Venture Voice is an interesting and useful series of podcast interviews primarily with entrepreneurs and a few venture capitalists.  The shows can be downloaded as MP3s and there are also brief transcripts that will give you an overall idea of what was discussed.

Most of the entrepreneurs can be described as Web 2.0 types, i.e. they’re involved with web services such as blogging and podcasting.  However, their most recent interview is with Derek Sivers, the creator of CD Baby who’s built an operation that started as a way to sell his own cds online into a company of 50 employees doing around $25 mil in revenue with no venture capital at all.

Sample quotes:
“Was working inside the music industry just enough to know I didn’t like that side of things.”
“The joke is that CD Baby is run with all the corporate formality of Bob and Jimmy’s tackle shop in Key Largo.”

Severs advice for starting a [web?] business:
“Just give yourself a 10 day deadline, and just launch it . . . with almost no features.”

Actually he’s got a very Web 2.0 attitude, which I appreciate.  More importantly, it seems like every announcement I’ve heard about the development of the company, such as the recent online alliance with Best Buy, always seems like a positive move for the artists who use the service as well as for the company itself.

Although I haven’t worked with CD Baby and haven’t talked with anyone who’s used their service, from all outside appearances, they would be one of the companies I would want to work with if I was an independent artist putting out cds and digital tracks.

They also have a webhosting service for musicians called HostBaby that looks pretty cool.

Official Site: CD Baby