ADA, Okla., Aug. 13 /PRNewswire/ -- Darnell Self was named the 2004
"Entrepreneur of the Year" by the National Black Chamber of Commerce (NBCC).
Self has built a team of more than 75,000 Pre-Paid Legal Services, Inc.
(NYSE:
PPD -
News; PPLS) independent associates across the United States. This
national award is given to the entrepreneur who demonstrates success,
compassion, and dedication to economically empowering the African American
community at large. Self accomplished this by partnering with Pre-Paid Legal,
which provides legal expense plans that offer a variety of legal services in a
manner similar to health insurance plans or HMOs. According to the company,
the combined sales of Self's network exceeds the $50 million mark.
"Mr. Self has personally inspired Black Americans from all walks of life
to build business networks that supply a valuable service to our communities,"
says Harry C. Alford, President and CEO of NBCC. "This man demonstrates pure
leadership and entrepreneurship at its best by adding to the ever-growing
African American middle class."
Before joining with Pre-Paid Legal, Self was selling clothes in a mall. He
tried working in other network marketing programs with poor results. Then a
friend introduced him to Pre-Paid Legal. Shortly after Self decided to sign
up for the membership, he had an opportunity to test it. He called a Pre-Paid
Legal provider lawyer about an old bill where he was overcharged by $92. After
that one consultation and resulting phone call made on his behalf, the bill
collection company removed the charge. "I quickly learned that this was a good
product and could confidently sell it and encourage others to come aboard,"
says Self. "I knew many people who could not afford an attorney but needed to
get legal advice before a bad situation got worse." The business that Self
started in 1998 has grown to a network of 75,000 associates in all 50 states
and Canada.
While, according to the U.S. Census Bureau, the average African American
household earns $26,000 a year, Self has helped many people in his network
achieve incomes far above the average, including many people achieving "Ring
Earner" status -- $100,000 or greater during a 12-month time frame. Although
the company does not capture such demographic information, Self believes
nearly 98 percent of his organization is African American.
Some of the African Americans whom Self has helped grow into Pre-Paid
Legal's "Million Dollar Club" members are: Antonio Adair, former US Postal
Supervisor; K.C. and Lorraine Townes, previously in the United States Air
Force; and Michael Humes, who now makes more in a month that he used to make
in a year as a letter carrier.
After receiving this award, Self's hope is that more African Americans
will adapt the guiding principles of his success, "Maintaining faith in one's
belief, unity of our families, and creating financial independence with
integrity. And, most importantly, learning to give more than you receive."
Pre-Paid Legal Services® Inc.: Pre-Paid Legal Services, Inc. is the only
publicly traded company in the United States organized solely to design,
underwrite, and market legal expense plans. For a monthly fee, the Company's
legal expense plans offer a variety of legal services in a manner similar to
medical reimbursement plans or HMOs. The Company currently provides legal
services to over 1.4 million families across the U.S. and Canada. Plan
benefits are delivered through a network of independent provider law firms.
More information is available at http://www.prepaidlegal.com .
The National Black Chamber of Commerce (NBCC): The NBCC is dedicated to
economically empowering and sustaining African American communities through
entrepreneurship and capitalistic activity within the United States and
internationally. This business association represents 95,000 Black-owned
businesses with 190 affiliated chapters locally based throughout the nation,
as well as international affiliate chapters. More information is available at:
http://www.nationalbcc.org .