Ben Chavis leaves Hip
Hop Summit Action Network to head H3 Enterprises By
Paul Swider
St. Petersburg Times (June 18,
2007) A plan to make St. Petersburg the launching pad for a new hip-hop
concept is getting a boost under a new boss with national clout.
Benjamin F. Chavis, former head of the NAACP and longtime social activist,
has taken over as chief executive of H3 Enterprises, the parent of
HipHopSodaShop, which plans to open its first store of a worldwide chain
in St. Petersburg later this year.
The store will bring together hip-hop music, gaming and healthy food with
an ethos of community investment. Chavis said several hundred thousand
dollars will be invested in the location, without being more specific.
H3 hired Chavis and his firm, CEF Management, as the company's board gets
serious about its novel business model. Pitching itself as the first
publicly traded hip-hop company, H3 is planning to use HipHopSodaShop as a
vehicle to promote sound business, teach investment to hip-hop youth and
incorporate social responsibility into what Chavis describes as a unique
business concept.
''This is a model development,'' said Chavis. ``We hope the rest of
corporate America will look at this.''
Chavis is a co-founder, with hip-hop mogul Russell Simmons, of the
nonprofit Hip-Hop Summit Action Network, an organization aimed at
recapturing the social consciousness of original hip-hop and using its
popularity to bring about social change.
''For the last three years, Russell and I have been talking about teaching
financial literacy to young people,'' Chavis said. ``This is the perfect
teaching tool. We're going to put it into practice.''
After a career that started with Dr. Martin Luther King Jr. and moved up
through the Nation of Islam, Chavis said he is now utilizing business
concepts to promote cultural development.
H3 and HipHopSodaShop have garnered attention in the two years since the
company was formed by 25-year-old Brian Peters and a partner. They've
attracted notice from the hip-hop and sports communities but have yet to
put a store together.
''If they really want to reinvent the soda shop and make it a cool,
positive place for kids to hang out, that'd be great,'' said University of
South Florida marketing professor Carol Osborne. ``But they really need to
pull off a unique one.''
Chavis said the next location will probably be in Harlem. Stores are also
planned in Jamaica, South Africa and the United Kingdom, among other
locales.
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