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Monday, September 18, 2017

Solar-Powered Food Carts Helping Poor Black Entrepreneurs to Become Street Vendors

Black street vendors in Uganda using Musana Carts

Three social entrepreneurs, Manon Lavaud, Nataliey Bitature, and Keisuke Kubota, have founded Musana Carts, a San Francisco-based company, that provides urban street vendors with a cleaner, safer and more efficient solution to their cooking, storage, and financing needs.

Friday, September 15, 2017

Black-Owned Construction Firm Scores $27 Million Convention Center Contract in a City That is Only 6% Black

Hermann Colas, founder of Colas Construction, with his executive team
Hermann Colas, founder of Colas Construction, with his executive team
Colas Construction, a Black-owned construction firm based in Portland, Oregon, has just scored the largest contract ever awarded to a minority-owned business by the city. Their contract is worth $27 million dollars, and will require the firm to serve as construction manager-general contractor for the Plaza, Entries and Interiors project at the Oregon Convention Center.

Monday, September 11, 2017

What Oprah Winfrey Taught Steve Harvey About Business -- She Told Him, "Steve, the Key To Your Success is..."

Oprah Winfrey and Steve Harvey

Steve Harvey admits that he wants to be a mogul like Oprah. "I'd love to build one of the greatest media empires of all time. Oprah's done it," he said during a recent interview with Hollywood Reporter.

Black Ownership in This Controversial Industry is Less Than 1% -- But These 3 Visionaries are Breaking Down the Barriers!

Founders of The Hood Incubator
Founders of The Hood Incubator
One of the fastest-growing industries in America today is legal marijuana used for medicinal purposes, yet very few people of color can break into the business. In fact, Black ownership in the legal industry is less than 1%. But three visionaries from California want to change this!

Thursday, September 7, 2017

8 Black Celebrities That Own Restaurants, Fast Food Chains, and Sports Bars

Venus Williams, Shaquille O'Neal, and Ludacris

Unless a restaurant bears the celebrity's name, most people would never know that it is owned by a celebrity. Here are 8 well-known black celebrities and the restaurants, fast food chains, and sports bars that they own:

Tuesday, September 5, 2017

10 Black-Owned Online Art Galleries and Collections

Corey Barksdale, founder of Corey Barksdale Fine Art Gallery
Corey Barksdale, founder of Corey Barksdale Fine Art Gallery

You don't have to travel far to visit some of the finest art galleries. These 10 Black-owned online art galleries and collections represent some of the finest art works from super talented artists across the country. Many have their own physical locations, but all of their art work can be purchased online.

Sunday, September 3, 2017

Black Inventor Creates Amazing Hair Dryer That Dries Your Hair in Half the Time

Martin McCurtis from Jackson, Mississippi has built a revolutionary machine that reduces the time to dry women's hair by more than 50%. It's called the Momentum UpFlow hair dryer, and although it's not yet available in stores, Martin has a fully functioning, slick prototype available and investors are very interested.

Thursday, August 31, 2017

Mother of Four Launches Multi-Million Dollar Curly Wig Empire

Tiffini Gatlin, founder of Latched and Hooked
Tiffini Gatlin, founder of Latched and Hooked
When you're a mother of four, you have no time to waste. Tiffini Gatlin, a native of Atlanta, is an entrepreneur that left her job as a corporate banking executive and went into the hair business. Within a year, she had built a million dollar business of her own.

Wednesday, August 30, 2017

Michael Jordan and 9 Other Black NBA Players With Multi-Million Dollar Shoe Deals

Michael Jordan during press conference for his Nike shoes

Michael Jordan retired from basketball in 2003, but he remains busy with endorsements especially for his Nike shoes. In fact, his $110 million endorsement deal with Nike is what still keeps him on the Forbes annual list of the world’s 100 highest-paid athletes.

Sunday, August 27, 2017

Founder of 20-Year Old Black-Owned Construction Company Shifts Gears and Launches an All-Natural Skin Care Line

Katonya Breaux, founder of Unsun Cosmetics
Katonya Breaux, founder of Unsun Cosmetics
After owning a construction company for over 20 years, Katonya Breaux has turned to cosmetics. She was disappointed that sunscreens were not made for African-American skin, and many cosmetics contained harmful chemicals. So she decided to launch her own company, Unsun Cosmetics, and make them herself!

Wednesday, August 23, 2017

Entrepreneur/ Graphic Designer Creates the Coolest Black-to-School Supplies Ever!

Makeba Griffin, founder of Makeba Designs
Makeba Griffin, founder of Makeba Designs

Entrepreneur and graphic designer Makeba Griffin, from Winstonville, Mississippi, is the founder of a fashionable lifestyle brand of clothing and accessories mostly designed for young boys and girls. Her designs and prints are attractive, delightful and relatable Black characters illustrated on perceptible goods such as t-shirts and backpacks! Students and parents alike love the products, and are calling them some of the coolest "Black-to-School" supplies ever!

Tuesday, August 22, 2017

Top 10 Black-Owned Companies That Were Featured on "Shark Tank" -- And What Happened!

Black entrepreneurs featured on Shark Tank
These three Black entrepreneurs pitched their idea on Shark Tank back in 2013

Shark Tank premiered on ABC back in 2009, but initially, the show received negative feedback from the Black community because few Black entrepreneurs were being given the opportunity to pitch their ideas. Since then, however, the show's producers have become a lot more inclusive in their selection of candidates.

Monday, August 21, 2017

Healthy Profits From Yet Another Black-Owned Juice Bar

Kenny Minor, owner of Xtract Juice Bar with customers
Kenny Minor (left), owner of Xtract Juice Bar poses with some of his customers
The number of Black-owned juice bars seem to be increasing! Initially, though, opening a juice bar was the farthest thing on Kenny Minor's mind. However, when his uncle died from a sudden heart attack, it motivated him to start being more healthy and to encourage others to do the same. So, he decided to open up his own spot called Xtract Juice Bar in Baltimore, Maryland.

Saturday, August 19, 2017

2 Black Entrepreneurs -- The Owners of 3 Buffalo Wild Wings Franchises -- Share Their Secret Recipe!

Karim Webb and Edward Barnett, founders of PCF Restaurant Management
Karim Webb and Edward Barnett, founders of PCF Restaurant Management

Against incredible odds, Karim Webb and Edward Barnett own three Buffalo Wild Wings franchise locations and are preparing to soon open a fourth. The incredible odds include starting a business in a working- and lower-class part of the Los Angeles area that struggles with gang crime.

Wednesday, August 16, 2017

Virginia's Last Black-Owned Bank Is Gone After Nearly 100 Years in Business -- What Happened?

Founding members of Black-owned bank, First State Bank in Virginia
Founding directors of First State Bank in Danville, Virginia
Photo credit: Virginia Center for Digital History
First State Bank was formed by a group of African-Americans in rural Virginia in 1919. Almost hundred years later, First State Bank is the last Black-owned bank in Virginia to disappear. What happened? And, what has happened to all of the Black-owned banks across the nation?

Monday, August 14, 2017

8-Year Old Entrepreneur Writes Best Selling Book -- About Her "Annoying Little Brother"

8-year old Nia Mya Reese
8-year old entrepreneur and author, Nia Mya Reese
Most 8-years old are in the third grade, and many of them are still struggling to read and write. But 8-year old Nia Mya Reese from Birmingham, Alabama has already written a best-selling book!

Wednesday, August 9, 2017

Couple Opens First Black-Owned Gas Station in This Town; Local Residents Are Inspired

Colisha Hicks and Fatz, first Black-owned gas station in Jonesboro

Jonesboro, Georgia may be a small town, but they have a lot to celebrate. The town has welcomed its first ever Black-owned gas station owned by local entrepreneurs Colisha Hicks and her fiancé Fatz. Their Citgo gas station, located on Tara Boulevard, is the first Black-owned gas station not just in the city of Jonesboro -- but in all of Clayton County, and its opening has inspired local residents!

Tuesday, August 8, 2017

In Just 12 Years, This Black-Owned Company Has Produced 300 Films and TV Specials -- and Made $750 Million in Revenue!

Jeff Clanagan, founder of CodeBlack Entertainment
Jeff Clanagan, founder of CodeBlack Entertainment
Film companies targeting African-American audiences are making a big name for themselves, and at the top of the list is CodeBlack Entertainment. It is the first independent, vertically integrated film studio owned by an African American entrepreneur, producing $750 million in home entertainment revenue.

Monday, August 7, 2017

This Black Entrepreneur Owns -- Not 1 or 2 -- But 5 Pizza Franchises... And He's Planning to Open 20 More!

Leo Thomas, owner of 5 Marcos Pizza franchises
Leo Thomas, owner of 5 Marcos Pizza franchises
If you own one or two franchises, you're doing pretty good. But when you own 5, you are on your way to building an empire. And that's exactly what entrepreneur Leo Thomas is doing!

Saturday, August 5, 2017

10-Year Old Entrepreneur, Bullied for Her Dark Skin, Launches "Flexin' in My Complexion" Apparel Line

Kheris Rogers, founder of Flexin' in My Complexion
Kheris Rogers, founder of Flexin' in My Complexion
Photo Credit: Creative Soul Photography
Kheris Rogers, a 10-year old girl who was being bullied for her darker skin, has turned the opportunity into a smart and successful business idea. Based in Los Angeles, CA, Kheris has recently launched her very own unapologetic clothing line called Flexin’ in My Complexion. Her mission now is to boost the self-esteem of other dark skin girls.

Thursday, August 3, 2017

App Features World's First Black Emojis -- An Idea That Could Potentially Generate $1 Million Per Day!

Black and African emojis

Back in 2014, an innovative app company called Oju Africa, based in the country of Mauritius, has introduced a set of African/Black emojis as a solution to the lack of diversity on Apple's popular set of emojis used around the world. The unique emojis can be downloaded from the Google Play Store, and are designed to work on all Android platforms.

Aunt Jemima Was a Real Person, But the Brand Was Never Black-Owned -- What Happened?

Few people in America would not instantly recognize the name Aunt Jemima. The brand has been around for 125 years, has been a welcomed face at the breakfast table in the homes of millions of Americans, and her products generate more than $300 million a year in revenue. But Aunt Jemima is not a Black-owned brand!

Wednesday, August 2, 2017

Oprah Used to Be The World's Richest Black Woman... Until This Woman Came Along!

Folorunsho Alakija, founder of The Rose of Sharon Group and Famfa Oil 
Back in 2014, both Forbes and Time magazines confirmed that Oprah Winfrey, the popular talk show host and television mogul, is no longer the richest Black woman in the world. She had been unseated by an oil baroness named Folorunsho Alakija.

Tuesday, August 1, 2017

There Are Very Few Black-Owned Beauty Supply Stores, But This One is Celebrating 30 Years in Business!

Rebecca Opong, founder of African Image Beauty Supply Salon
Rebecca Opong, founder of African Image Beauty Supply Salon
Rebecca Opong is the founder and owner of African Image Beauty Supply Salon (AIBSS) located in the Los Angeles, California area. She opened her shop back in 1987, and is one of the few Black-owned beauty supply stores in the area. This year, she is celebrating her 30th year in business!

Monday, July 31, 2017

Women-Owned Auto Repair Shop Lets Customers Get Their Hair and Nails Done While Waiting For Their Cars

Patrice Banks, founder of Girls Auto Clinic in Philadelphia
Patrice Banks, founder of Girls Auto Clinic in Philadelphia
Patrice Banks is the genius entrepreneur who is also the owner of Girls Auto Clinic in Philadelphia, PA. In response to a national problem of women being taking advantage of at many auto repair shops owned by men, Patrice launched her company to give women a better and more comfortable experience.

Thursday, July 27, 2017

The Truth About Essence Magazine -- And Why Time Inc Wants to Sell it Off

Essence Magazine covers

You may have heard already that Time Inc, who bought a major stake in Essence Magazine 12 years ago, now wants to get rid of it. But it's not because the magazine is failing! In fact, the magazine, it's web site, and their annual festival in New Orleans are thriving.

Tuesday, July 25, 2017

The Only Two Black-Owned Auto Dealerships That Have Ever Broken the $1 Billion Dollar Barrier

Bob Johnson and Gregory Jackson, Black owners of auto dealerships
Bob Johnson, founder of RLJ McLarty Landers Automotive Holdings; and Gregory Jackson, founder of Prestige Automotive Group are the only two Black-owned auto dealerships that have ever generated more than $1 billion dollars in annual sales

Being a Black entrepreneur that owns an auto dealership is a big accomplishment in and of itself, but surpassing $1 billion dollars in sales is truly a milestone! In 2005, Michigan-based Prestige Automotive Group, founded by Gregory Jackson, became the first Black auto dealer to surpass the billion-dollar revenue mark. In fact, their revenue that year was $1.67 billion in sales.

Monday, July 24, 2017

12-Year Old Entrepreneur Convinces Ten NFL Players to Invest $810K into Her Lemonade Business

Mikaila Ulmer, founder of Me & the Bees Lemonade

Mikaila Ulmer was only 4-years old when she started branding her Bee Sweet Lemonade. Now she is 12-years old and has just convinced ten NFL players to invest $810K in her lemonade business, now called Me & the Bees Lemonade.

Sunday, July 23, 2017

Tyler Perry to Split From Oprah's OWN -- Signs Major TV/Film Deal With Viacom and BET

Writer, director, producer, playwright and actor Tyler Perry has recently signed a long-term deal with Viacom that is certain to make the media conglomerate a stronger and more competitive television network for African-American programming. Industry experts say the move represents a huge loss to the Oprah Winfrey Network (OWN).

Thursday, July 20, 2017

Meet the Mother and Two Daughters Who Own 13 McDonald’s Franchises

Three black women owners of 13 McDonald's franchises

Patricia Williams and her daughters, Nicole Enearu and Kerri Harper-Howie, have built an empire of McDonald’s franchises in the Los Angeles, California area. Combined, they employ more than 700 people in the community and generate annual revenues of almost $50 million. In April 2017, they opened their 13th franchise location.