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Article: Brothers who mean business: twins De'On and De'Juan Collins view entrepreneurial pursuits as key to building wealth.(Black Wealth Initiative)
- Article from:
- Black Enterprise
- Article date:
- February 1, 2007
- Author:
CopyrightCOPYRIGHT 2007 Earl G. Graves Publishing Co., Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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DE'JUAN AND DE'ON COLLINS ARE amazed at the money you can make when you tap into the right market. The Lubbock, Texas, natives graduated from Texas Tech in December 2006 with degrees in finance and stewardship of their 2-year-old real estate investment-company. While at Texas Tech, the two created an entertainment promotions company that organized parties for students, grossing from $1,700 to $2,000 per event. By 2005, their enterprise produced nearly $75,000 in gross revenues.
The brothers ended the promotions venture, selling two binding contracts to another collegiate promotions firm and pocketing $10,000. They used their proceeds for a down payment on a ...