13 years ago, Earvin "Magic" Johnson laid the groundwork for his business plan that today has holdings worth an estimated $700 million dollars. Magic's portfolio consists of his 4 movie theatres, 116 Starbucks, 31 Burger Kings, and 13 fitness clubs. Johnson's business plan has always been to revitalize urban areas by placing businesses there and providing minorities with employment opportunities. He's been successful by partnering with other successful people, and he's creating a legacy by preparing his son Andre to oversee certain aspects of the business. Although Magic was a millionaire when he started his business ventures, he made good decisions, and partnered with the right people. This is something that can still be done on a smaller scale by anyone with a vision. Click on above link to read LA Times article.
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