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Africans Among America’s Best Young Entrepreneurs
Posted by: CareTaker on October 24, 2007 Under: Africa, Business & Technology, Discussion Lounge, Feature, Nigeria, Profile, USA
Muti ThisBusinessWeek profiles America’s Best Young (25 years and younger) Entrepreneurs for 2007. Three Africans made the cut.
Ubong Attah, 23, runs Prolete Medical Billing Services (http://www.proletebilling.com/).
Ubong Attah describes herself as a serial entrepreneur…Her new company, Prolete Medical Billing, makes use of her health-information management degree from Saint Louis University in St. Louis and her experience doing administrative work for her mother’s two home health agencies. Ubong expects Prolete to have revenues of around $4 million in 2008.
Umunnabuike, 23, and Jessica Umunnabuike, 21, run Avant Gaudy (http://avantgaudy.com/splash.html) with their partner, Vincent Choi, 23.
“I’m looking to learn how to create a more socially responsible business,” says Deborah Umunnabuike, a political science major at the University of Chicago and co-founder of Avant Gaudy, an online vintage clothing shop she started with her sister, Jessica, an undergraduate at Hofstra University, in the summer of 2005. The daughters of Nigerian immigrants started the three-employee business because they were passionate about clothes and saw a growing demand among their peers for vintage clothing.
Arun Parameswaran, 24; Arjun Parameswaran, 22 of Astutant Group. (http://www.astutantgroup.com/home.htm). The Parameswarans are Botswana native although of Indian heritage.
After graduation, Parameswaran found that there was an untapped market for accounting companies that could outsource. Since 2003, the brothers have built a company by acquiring and developing business-services companies…Parameswaran estimates that his companies will earn $4 million in revenue this year. By 2014 his goal is to pull in $100 million.
Credit: BusinessWeek.
Hat-tip: Timbuktu Chronicles
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D-Tee | Oct 24, 2007 | Reply
Who says Africans are stupid and not intelligent!!!
Omotaylor | Oct 24, 2007 | Reply
I AM PROUD WHEN NIGERIA IS PROUD 3. Well done. Our positive sides are given worthy mention.
Misi | Oct 24, 2007 | Reply
Good thinking ladies! I am so proud to hear positive news about Nigerians.
Yinka of Lagos. | Oct 24, 2007 | Reply
It is obvious that setting up an Internet business is way easier and less risky than a brick and mortar enterprise. The take-home message here is that African nations just needs to put its house in order to tap into the vast array of opportunities the world wide web offers. There are millions of entrepreneurs on the African continent rearing to unleash and test their ideas…but there is limited access to the web!
NaijaProud | Oct 26, 2007 | Reply
3 Nigerians!! Let’s get it ladies! Congratulations Ubong, Jessica, & Deborah!! I’m so proud.
Deborah | Oct 27, 2007 | Reply
Thank you so much for such encouraging words! It is such an honor for my partners and myself to be selected as finalists. We are also very proud about the accomplishments of the other finalists. Thank you!
chinedu | Oct 29, 2007 | Reply
Asi m ka m nwere ohere a kele umu aghogho anyi na agbasi mbo ike na mba America. Onye nwe anyi gbaa unu ume.
Let me cease the oppurtunity to congratulate our young ladies diong it in the US. May the Good God strenghten you all.
J’aimerias utilitiser cette coccasion pour remercier nos fills qui travailent vrailent dure aux Etats Unis. Que le Bon Dieu vous benise.
I know you guys might have some probs getting the first lang. You can consult your folks. Mothertongue+ fatherland= YOU. Big ups.
Kayode Adebayo | Nov 6, 2007 | Reply
Thats really great! Africans can do more if we believe in our self.Congrats to the three.Others should work harder,we can all make it. Great Africans!!! Great Nigerians!!!
stan | Nov 6, 2007 | Reply
who says good things cant come out of Nigeria precisely the igbos.IGBO KWENU
Jake Nyanil | Dec 14, 2007 | Reply
What about Arun and Arjun Parameswaran of Budgetax? They are both African too… although of Indian heritage, they were both born and raised in Africa, and schooled up to their undergraduate studies in Botswana.
CareTaker | Dec 14, 2007 | Reply
@ Jake Nyanil: Oops! Thanks for the feedback. We regret the omission and have edited the post accordingly.
Best!
Omotaylor | Dec 14, 2007 | Reply
Caretaker I again commend your “listenability” and efficiency in dealing with matters raised on the Loft. Well done. Hope you will be vieing for a political office in Nigeria in the near future. I will gladly render my services as your campaign manager. This is the mark of a progressive and caring leader. Listening, Reasoning, Acting, Apologise if wrong, Enabling, Motivating, Dynamic and I could go on …. Nigeria needs such as leaders.
CareTaker | Dec 14, 2007 | Reply
Ah - OmoTaylor! Thanks for the kind words… I’m most (flattered) grateful.