Why Do Entreprenuers Need Public Relations?

2319 words - 9 pages

Your royal flightiness, Michael Jordan is currentlythe greatest player of all time and now he has become the owner of NBA team, the Charlotte Bobcats. Jordan purchased the team from BET founder, Robert L. Johnson. Jordan became a member of the ownership group owning a small percent of the team. He served the team as the Managing Member of Basketball Operation. (Mogul Magazine, 2012)
Jordan became a full owner of the Charlotte Bobcats in March 4 years ago, becoming the first former NBA player to own an NBA team. Under him using his creative design input on the Jordan brand which has become the most popular brand of Nike. Jordan shoes have put out so many retro shoes. It is a trend that started from Jordan by having the period of each shoe that he wore in the games as a player. Jordan shoes have been a drug that caused people lives to get taken away from them which a tragic story because on there are news stories where people are getting killed over tennis shoes. (Badenhausen, 2013)
Michael Jordan is the most recognizable figure in the world. He has endorsements from a few companies: Gatorade, Upper deck, Hanes, Nike, Coca-Cola, Chevrolet, McDonald’s, Ball Park Franks, and Wheaties. Jordan has had a long relationship with Gatorade, having appeared in over 20 commercials. Michael Jordan is ranked as the 20th most powerful celebrity in the world. Forbes Magazine also reports that the Jordan brand generates to a billion dollars annually in sales for Nike (Assad, 2013). Jordan formed Michael Jordan Motorsports because of his love for motorcycle racing. He has also established several restaurants.
Jordan supports a plethora of charitable organizations, including the Boys and Girls Club in Chicago, the Jordan Institute for families at the University of North Carolina, the Make a Wish Foundation and many others. The annual Michael Jordan Celebrity Invitational, a golf tournament which has been a successful fundraiser, raising money for charitable organizations. MichaelJordan’s legacy will be around for years and beyond as one of the best to ever do it .Growing up kids wanted to be just like him because he set a trend to play ball and get a shoe deal and also make money and as a entrepreneur he set that image for a dreamer on the rise to be talented as he was and break the records he has but we won’t know till we find out.(Mogul Magazine, 2012)
Last but not least, a phenomenal woman by the name of Oprah Winfrey is the first black woman to be a billionaire. Her duties in the United States not only changed lives, but also inspired others and gave them hope. (Entrepreneur, 2008) Oprah Winfrey’s career began when she was offered a job as a co-news anchor. Not only did Winfrey become Nashville’s first female co-anchor, but the very first black co-anchor as well. Oprah left her senior year of college to fill the position of co-anchor of the evening news. She quickly realized that the news was not for her due to the emotional stress upon her...

Find Another Essay On Why Do Entreprenuers Need Public Relations?

Why Do Companies Need Ethical Hacking?

1411 words - 6 pages WHY DO COMPANIES NEED ETHICAL HACKERS? The rapid technological change has brought with it a number of issues. One of the issues that it has brought is the issue of increased cybercrime conducted by black hats. Black hats target almost everyone, but we will mainly focus on attacks which occur in organizations. Hackers take advantage of the fact that more and more organizations are turning to the internet to interact with their customers

Why Do We Need To Go To School?

991 words - 4 pages Good morning, class! Today, I am here to tutor you because your professor can not attend the class.Continuing the last dialogue, today's topic is the supporting reasons about why we really need to go to school. In this meeting, I will cover some points, which are the things that schools offer us and the pro and contra about home schooling and internet-schooling.Well class, what do you think about life when we relate it with school? Yes, right

Why do we need to know about history?

811 words - 4 pages History is a study of the past. Either good or bad that happened in the past is history. People think that they should learn their history. And there are so many books and movies about history to let us know. Also history is one of the basic curricula in high school. But not all of us can answer precisely why do we need to learn history? And how does it affect us? It is a question that cannot be answered by one single answer. This can be

an essay abut why in today's scociety people believe that we do need television.

1315 words - 5 pages Why we Need TelevisionA black male appears on your television set and immediately a concept enters your mind; you can predict his character. The hypothesis you have formed in an inadequate amount of time would be notably different supposing the subject was white, and you are aware of this. As you continue to watch the television, the program plays out with precision as presumed. The lifestyle, language, and appearance of the character meet your

Why do governments find it so hard to control public expenditure

2628 words - 11 pages Why do governments find it so hard to control public expenditure?Since the 1970's rising public expenditure has become a politically salient issue, with the focus being on the difficulties experienced in trying to control it. In order to answer a question concerning why governments find it hard to control public expenditure it is first necessary to look at the reasons for the growth in public spending. There are three approaches which attempt to

Do we need government intervention in the form of Competition Policy ? if so, Why? Applied and discuss based on case study or research

1715 words - 7 pages and better products.In the real economy, is it always necessary for government intervention in the form of Competition Policy?Let's consider The United States Airline Deregulation 1978.This deregulation is seen to be successful, it brought benefit to customers. However, it also raised some problems such as congestion, limited re-emergence of monopoly power and with it, and the exploitation of a minority of customers. So when do we need

Why Do We Need Feminism: Women’s empowerment

1354 words - 6 pages Women come from a long history of oppression and unequal treatment. Much progress has been made throughout various regions of the world by the hard work of processors in the past two centuries, yet women are still struggling for liberation and autonomy today. On a global scale, feminism is relevant and necessary in the 21st century; women are in need of empowerment in everyday life: ownership of the body, reproductive rights, equal pay for work

Fair Business Practices: Why Do We Need It?

1016 words - 5 pages passed the Sherman act with their first attempt at protecting businesses and consumers (FTC, 2008). This act was to touch down on monopolization and unreasonable trade. In order to protect consumers and businesses it was decided that monopolization; or the practice of controlling a single market, was an unfair act. Not only do monopolies have the ability to play with prices, but they can also decrease the quality of their products (Amadeo, 2013

Why do people need to know what decisions have been made about them and how can individuals get access to that information?

537 words - 2 pages People need to know what decisions have been made against them so they can verify that fair and just decisions, according to the law have been made. They also need to know the decisions so that they can correct any wrong information about themselves. The decisions that are made about people affect them in many everyday situations. For example:Loans (bad credit rating)Getting into the country or traveling (passport, work visa etc)Applying for

Defining Public Relations

923 words - 4 pages during the 45th Distinguished Lecture of the Institute for Public Relations (IPR). Although he says his instinctive response to the question is a non-technical “what public relations people do”, he formally defines public relations as a function implemented by the management department of an organization that allows influential parties to be heard in that organization. These parties are affected by the organization in a positive or

Defining Public Relations

818 words - 3 pages asked and answered to the best of my knowledge is why do you think there are so many different definitions of public relations?Public relations have always been around in the business world. Everyone has their own thoughts of what public relations do on a daily basis. I have always thought that a public relations job was an easy job and that there wasn't that much into it. For me, the public relations department was around to cover up problems

Similar Essays

Why Do Entreprenuers Need Public Relations?

2086 words - 9 pages Entrepreneurs are innovators and have a purpose in what they do with their occupation to have an effect on lives. They’re bright ideas help bring income to make a living off of the product. Public relations are a big asset to an entrepreneur because they create opportunities for them and others. Such as charities to help children and the elderly, also they get introduced to businesses and as well be the face of them for the companies

Do Public Relations Enhance Democratic Communication?

3237 words - 13 pages on well-meaning, highly motivated people working for an ideal rather than for money? Or do you recognise that the outfit is, to all intents and purposes, a multi-national which needs skills at the highest level?” (Wilkinson, 2005: 108). Another element of public relations would be community liaison. Public relations role in relation to community liaison is to maintain a positive relationship with politicians/government within a certain community

Why Do We Need Accounting? Essay

3408 words - 14 pages economies. Future Accounting Software threatens to diminish some of accountants’ traditional services. It makes compliance work in tax and auditing less labor-intensive, but eventually might replace work done by Certified Public Accountants. Already, business accounting is done by software to a far greater degree than in the past. It reduces the need for managerial accountants and makes inroads on the need for compilations. If banks can apply

Privacy? Why Do You Need Privacy?

1263 words - 5 pages disclosed via your friends, families, co-workers, others – is up to you. Now living in this new digital age the best thing to do is learn how to live in a “world where the Internet records everything and forgets nothing” (Rosen 14). Using the Internet comes with a sense of responsibility knowing the “do’s and don’ts” of online posting. Being aware of what you are posting, and what may be posted about you, calls no need for privacy on the Internet