David Schottenstein: Entrepreneur

In 2005, David Schottenstein had a vision: provide both the rich and famous as well as the business professionals with high-quality, custom-made clothing.  Although the extremely wealthy have been having their suits, shirts, and even ties made for them for a number of years, Schottenstein’s company, Astor and Black, has been extremely successful at providing everybody from doctors and lawyers to Chad Ochocinco and Larry Ellison (founder Oracle Corporation) business attire made specifically for them.  Astor and Black has grown substantially over the past six years; in fact, David Schottenstein was recently awarded both the Ernst and Young Award as well as being named one of the top-30 entrepreneurs under the age of 30 by Business Magazine.  According to Joseph Schumpeter, an entrepreneur is defined as someone who provides new products to new markets, with new production methods and new forms of organization.  Astor and Black has fulfilled all of these criteria perfectly, with Schottenstein representing what it truly means to be an entrepreneur.

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