THE PRIVILEGE OF BEING ABLE TO HAVE DREAMS, IDEAS AND GOALS COME TO FRUITION, IS THE CORE OF WHAT WE ARE ABLE TO EXPERIENCE BECAUSE OF THE FREEDOMS THAT ARE OURS IN AMERICA.

- Denise Burnett Stewart

SMALL BUSINESS DRIVES THE AMERICAN ECONOMY. IT THRIVES AND SURVIVES NO MATTER WHAT MAY BE GOING ON IN THE MAIN ECONOMY.

- Dick Gadomski

UNLESS WE PROMOTE ENTREPRENEURSHIP, WE WILL NOT HAVE AN EXCITING BUSINESS ATMOSPHERE IN OUR COUNTRY.

- Allen B. Morgan, Jr.

Humphrey E. Folk, Jr.

Folk Construction Co.
President/Founder

Folk’s Folly Prime Steak House

President/Founder

“Today’s entrepreneurs will be the pioneers of the next millennium. They must be bold enough to try anything and confident enough to think that they can succeed at everything.” For Humphrey Folk, boldness and confidence were traits that he often demonstrated. For 25 years, he was President and CEO of Folk Properties, and he led the company to be a leader in the construction, farming and real estate.

However, in 1977, Humphrey lamented the fact that Memphis did not have a prime steakhouse, so he set off in a new direction and made it happen. Thus emerged what his family affectionately called “Folk’s Folly,” and a Memphis tradition was born. Folk’s Folly was recently named one of America’s Top Ten Steakhouses by the Tom Horan America’s Top Ten Club and is a recipient of the prestigious Distinguished Restaurants of North America award, an honor bestowed upon only 718 restaurants in North America. The restaurant also received in 1998 the Memphis Business Journal’s Small Business of the Year Award.

Humphrey Folk’s community involvements included the Chickasaw Council of Boy Scouts of America, the Child Advocacy Center of Memphis, the Memphis Zoo, the Memphis Botanic Garden, the University of Memphis, Shelby State, and Vanderbilt University.

Description of Business

Folk Construction Co.-Highway-heavy construction; marine construction/dredging

Folk’s Folly Prime Steak House-Fine dining restaurant known for aged prime steak and personal service

Year Business Founded

1967

Year Inducted

1999

Thoughts on Entrepreneurship

“‘Today’s entrepreneurs will be the pioneers of the next millennium. They must be bold enough to try anything and confident enough to think they can succeed at everything.”

For More Information: http://www.folksfolly.com