After fame in the music industry, artists tend to go into other industries such as real estate, acting, and fashion. Fashion plays an important role in making money for entrepreneurs who pursue this industry. There are many artists who are already successful and more to come. Here are two artists that I commend for their accomplishments and impact in the fashion industry.
Sean John Combs started his clothing line, Sean John Clothing Incorporated in 1998. Its clothing was focused on urban sportswear and reached out to the low, middle, and high class of fashion. Sean John has reached revenues that exceed over $100 million dollars per year and is often recognized at the award ceremony for the Council of Fashion Designers of America in New York. (Seancombs.com) Sean John also produced the first nationally televised runway show during Fall Fashion Week when it simultaneously aired live on E! Television and the Style Network. Sean John is also one of my favorite clothing lines to wear and I highly recommend his signature cologne, Unforgettable.
Shawn Corey Carter also known as Jay-Z is my favorite entrepreneur in the business industry. He is one of the most financially successful hip-hop artists and entrepreneurs in America, having a net worth of over $450 million as of 2010. Jay-Z is part owner of the New Jersey Nets and also husband to R&B superstar Beyoncé, who also has her own clothing line Dereon. Jay-Z created Rocawear in 1999 and has exceeded revenues over $700 million. (Jay-Z.com) In March 2009, Rocawear launched its first social networking site, offering style news, music, fashion, and cultural connections. Jay-Z is one of my favorite artists because he grew up with a goal that he was going to be on top of hip-hop.
Overall, I feel that after my success in the music industry hits its peak, I will then want to pursue my career/name and other industries such as film, fashion, and more. I value making money and if my name or success helps me create a buzz in a different genre of trends, then I am willing to take that risk and pursue my passion at being successful in that field as well.