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Tuesday, September 18, 2018

Black Business Community Mourns the Loss of Ken Smikle, Founder of Target Market News

Ken Smikle, founder of Target Market News
Ken Smikle, founder of Target Market News
Ken Smikle, founder of Target Market News, a marketing research firm and publication that reported on Black buying power and advertising trends that target Black consumers, has sadly passed away. He was 66-years old and died in Chicago from congestive heart failure.

Sunday, September 16, 2018

6 African American Authors That Have Made $100K or More in Book Sales in 2018!

Top Selling Black Authors - Angel Rich, Shomari Wills, and Nic Jones
(left to right) authors Angel Rich, Shomari Wills, and Nic Jones
Every year, hundreds of thousands of new books are released and many of them are written by Black authors. Sadly, however, most books flop and don't sell more than 100-200 copies. But there are some authors who are able to sell thousands of copies, and generate a six figure income from their books. They've proven that you don't have to sign a multi-million dollar book deal to be a successful author!

Friday, September 14, 2018

“Black Lives Matter” Apparel Has Generated Millions in Profits For Entrepreneurs -- Here are the Top Selling Products!

People wearing Black Lives Matter apparel

Black Lives Matter is a global movement that was started to bring attention to the alarming number of African Americans who are being killed each year by police officers. It also brings attention to other civil rights issues like prison reform, police brutality, and racial profiling. The movement is so popular that it has even sparked business opportunities for entrepreneurs who sell "Black Lives Matter" t-shirts, hoodies, hats, wristbands, and more.

Wednesday, September 12, 2018

Michelle Obama Launches 10-City Tour For Her New Book That Will Be Published in 24 Languages!

Becoming By Michelle Obama

Former First Lady Michelle Obama is releasing a new memoir entitled Becoming, and is already planning her 10-city book tour. The book will be released in the U.S. and Canada in print and digital formats, and an audio edition of the book, read by her, will also be issued in digital and physical formats.

Monday, September 10, 2018

First Black-Owned Baseball Glove Company Makes History with Major League Baseball

Major League Baseball Player with a Steelo glove

Steelo Sports, a baseball start-up company out of Los Angeles just made history and became the first modern day Black-owned baseball glove brand to be used in a Major League Baseball game. Jonathan Davis, one of the Toronto Blue Jays’ most recent September call ups got the start in centerfield against the Tampa Bay Rays on Wednesday night in Toronto sporting his custom pro model Steelo glove.

Thursday, September 6, 2018

Top 10 Best-Selling Black-Owned Products Available on Amazon

Black-owned products on Amazon

Amazon is the world's most popular online retailer. The site generates more than $1 million in sales every single day. However, many people don't know that there are tons of Black-owned products being sold on their web site. If you want to support Black entrepreneurs by buying their products, it's not as hard as you may think!

Wednesday, September 5, 2018

Meet the 3 Black Women Who Designed Lebron James’ New Nike Shoes

Kimberly Goldson, Felisha Noel and Undra Celeste Duncan
Felisha Noel, Undra Celeste Duncan, and Kimberly Goldson
The first LeBron signature shoe to be reimagined by female designers has been born. Three African American designers from Harlem, NYC - Kimberly Goldson, Felisha Noel, and Undra Celeste Duncan - were selected to tackle the project based on their previous work and passion for sport.

Colin Kaepernick Has Reportedly Signed a $1 Million Book Deal -- And He's Selling His Own Line of Merchandise Online

Colin Kaepernick

NFL quarterback turned civil rights activist, Colin Kaepernick, is not playing professional football right now, but he has found another way to generate revenue. But he did just recently renew his endorsement deal with Nike. And, he reportedly has been offered $1 million by one of Random House's imprints, One World, to publish a book.

Tuesday, September 4, 2018

Racial Profiling Incident Leads to More Business For Black Entrepreneur Selling $8 Gourmet Lemonade on the Streets of San Francisco

Vicktor Stevenson, founder of Gourmonade

Gourmonade, a new Black-owned artisanal lemonade stand in San Francisco, has been viral for two unlikely reasons: its relatively high prices ($8 for a 16-ounce bottle) and an alleged racially-charged 911 call against its owner, Vicktor Stevenson. However, Stevenson isn't mad about what happened because the incident actually brought more attention and success to his business.

Wednesday, August 29, 2018

How Kobe Bryant -- Former NBA Star Turned Entrepreneur -- Turned $6 Million into $200 Million

Kobe Bryant

Retired NBA star Kobe Bryant has already proven that his greatness transcends from the basketball court to the business world. Through his investment firm, BryantStibel, he made his first investment in the sports drink BodyArmor. And within just 4 years, his return on investment has multiplied by more than 30 times - one of the the biggest investment returns for an athlete in the business world.

Monday, August 27, 2018

Meet the Woman Who Owns the First Ever Black-Owned Hostel in the U.S.

Deidre Mathis, founder of the first Black-owned hostel in the U.S.

Deidre Mathis, a 31-year old African-American woman and a self-proclaimed avid traveler, used her love for wanderlust as an inspiration to build her own hostel in Houston, Texas. Now a successful entrepreneur, she is the author of a budget travel book and the owner of WanderStay Hotels, the first Black-owned hostel of its kind in the U.S.

Tuesday, August 21, 2018

Meet the Black CEO of Carnival Cruises -- Who in 5 Years Has Doubled the Company's Worth to $48 Billion... and He Made History in Cuba!

Arnold Donald, CEO of Carnival Cruises

Arnold Donald, a 64-year old African-American businessman, is the CEO of Carnival Cruise Line, the world's current largest and most popular cruise company. For the past 5 years, he has been running the $48 billion company after rescuing it from major financial problems. A dynamic leader, he has also led the company through many record-breaking milestones.

Thursday, August 16, 2018

Black Chef Turned Entrepreneur Now Has His Food Products in 187 Stores Nationwide

LaForce Baker, founder of Moon Meals

LaForce Baker, an African-American chef, once had a dilemma of finding healthy snacks for working professionals. He used it as an inspiration to create Moon Meals, a tasty plant-based meal ready to grab in local grocery stores. What started as a small delivery service is now available in 187 grocery stores in the Midwest.

Tuesday, August 14, 2018

Meet the 26-Year Old Black Woman Who Owns Her Own Accredited International College

Caroline Esinam Adzogble, founder of Potters International College
Caroline Esinam Adzogble, founder of Potters International College
Caroline Esinam Adzogble, a 26-year old Black woman, is already a successful entrepreneur, educationist, business coach, diversity maverick, and an advocate for women and girls in technology. In 2016 at the age of 24, she became the youngest woman in Ghana and in all of Africa to own and manage an accredited international college.

Friday, August 10, 2018

Black Teen Entrepreneur, Once Bullied For Having "Bushy" Eyebrows, Has Turned Her Experience into a Booming Business!

Tania Speaks, founder of Brow Boost

Tania Speaks is the 16-year old CEO and founder of Brow Boost, an organic skin care company that makes products not just for women's eyebrows... but also for men's beards. Recently profiled in Forbes, she is an enthusiastic teen entrepreneur that has literally transformed her bullying experience into a booming business.

Wednesday, August 8, 2018

Magic Johnson to Invest in the City of Baltimore to Create More Jobs and Economic Growth

Magic Johnson

Former NBA star Earvin "Magic" Johnson continues to make a name for himself in the business world. Not only does he aim to make his investments grow, but most importantly, he wants to make an impact in underserved communities. He is now planning to invest in the city of Baltimore to create more job opportunities and contribute to its economic growth.

Monday, August 6, 2018

10-Year Old Raises $50K for His Invention That Prevents Child Hot Car Deaths

Bishop Curry, founder of Oasis which prevents hot car child deaths
Bishop Curry, founder of Oasis which prevents hot car child deaths
Bishop Curry is a 10-year old 5th grader from McKinney, Texas, and he's also the inventor of a prototype device that is designed to prevent children from dying in hot cars. His lifesaving device is called Oasis, and it attaches to children's car seats. If it senses that a child has been left behind in the seat, it will start to blow out cool air until the child is rescued.

Thanks to These 56 Black-Owned Companies That Offer Shared Co-Working Office Spaces, You Don't Need Your Own Office Anymore!

Black-owned shared office space

All in all, there are at least 56 Black-owned businesses that offer shared co-working office spaces in urban communities around the country. Their goal, according to Motherboard is to "provide more than conference rooms, Wi-Fi, and limitless coffee." Instead, "they are built to give black entrepreneurs a safe space to find themselves in the work of innovation where they have largely been excluded."

Thursday, August 2, 2018

From Homeless and Incarcerated to Becoming a Super Chef That Owns Three Restaurants!

Darnell Ferguson, founder and owner of Super Chef's Restaurant

Darnell Ferguson, founder and owner of Super Chef's Restaurant, knew early on what he enjoyed and wanted to do. It was while attending vocational school that he realized how much he enjoyed cooking. His inspiration was watching celebrity chef, Emeril, on TV, and that's when he decided he wanted to own his own restaurant. But getting there was a lot more difficult than he ever imagined!

Monday, July 30, 2018

Entrepreneur Creates Doll Collection to Help Black Girls Overcome Depression

TiffanyJ, creator and owner of Super Beauty Dolls

TiffanyJ, an artist and entrepreneur, suffered from depression and suicidal thoughts when she was young. So, in hopes of helping young Black girls that are battling depression, she has created an avenue to boost their confidence and self-esteem through a new superhero doll called "Super Beauty".

Tuesday, July 24, 2018

3 Best Friends Launch First Ever Black-Owned Pizza and Beer Restaurant Chain

Founders of Slim & Husky's Pizza Beeria
Clint Gray, EJ Reed, and Derrick Moore, owners of Slim & Husky's Pizza Beeria

Three childhood best friends are now successful business partners as the owners of a pizza and beer restaurant chain. Clint Grat, EJ Reed, and Derrick Moore, all African Americans, opened Slim & Husky's Pizza Beeria just last year and have since gained popularity -- not only for their delicious pizzas -- but also for creating opportunities for others in their community in Nashville, Tennessee.

Friday, July 20, 2018

This Black Entrepreneurial Couple Wants to Save Your Behind... When You Have to Use a Public Restroom!

Bill and Sonia Massey, creators of The Restroom Kit
Bill and Sonia Massey, creators of The Restroom Kit

The next time you have to use a restroom away from home, hopefully you will have already purchased The Restroom Kit - a clever product created by Bill and Sonia Massey that enables you to have the most sanitary experience possible in a public restroom!

Thursday, July 19, 2018

Magic Johnson Explains How He Brokered the $154 Million Deal With Lebron James

Magic Johnson and Lebron James

During a recent appearance on Jimmy Kimmel Live, NBA legend Earvin "Magic Johnson" explained in detail how he brokered the $154 million dollar deal for Lebron James to come and play for the Los Angeles Lakers.

This Self-Made Black Entrepreneur's Makeup Brand is Now Worth $1 Billion -- But You Won't Read That in Forbes Magazine!

Pat McGrath, founder of Pat McGrath Labs

Pat McGrath Labs, a Black-owned makeup brand launched by make up artist Pat McGrath, has just recently reached a whopping $1 billion estimated valuation. The brand has officially surpassed the $900 million estimated worth of Kylie Cosmetics owned by Kylie Jenner who was featured on the August 2018 cover of Forbes Magazine and controversially referred to as a "self-made" billionaire.

Monday, July 16, 2018

Meet the Youngest Black Woman to Ever Own a McDonald’s Franchise

Jade Colin, youngest Black owner of McDonald's franchise

28-year old Jade Colin from New Orleans has made history as the youngest Black woman to ever become a McDonald's franchise owner. While in college, she started her career as an employee working the night shift at a local McDonald's, and after years of earning promotions and awards, she decided to purchase her very own franchise.

Thursday, July 12, 2018

Meet the 4 Black Teens Who Created a Generator That Uses Urine As Fuel

Back in 2012, four teenage girls from Africa, who were just 14 and 15-year olds at that time, invented a generator that is powered by what seems to be an unlikely source of electricity: urine. Their invention was highlighted by Maker Faire Africa which supports Afrigadget-type innovations, inventions and initiatives.

Sunday, July 8, 2018

Black Family-Owned Business Launches Their Gluten-Free, All-Natural Fish Fry on "Good Morning America"... and It Was an Instant Hit!

Black family founders of Joe's Gourmet Fish Fry
Some of the family members during a recent appearance at the ESSENCE Music Festival

Joseph and Maranda Dowell are the genius entrepreneurs behind the popular Atlanta-based Black family-owned business that sells a very tasty and golden light fish fry! Their product, a seafood breaded mix called Joe's Gourmet Fish Fry, is available in two styles - one is made with wheat flour, and the other is available as a gluten-free mix made with yellow corn flour. With either option, all you have to do to make your seafood amazing... is just dip and fry!

Friday, July 6, 2018

Black-Owned Bottled Water Brand Makes History as the First to Be Sold in Walmart

Dr. Shayla Creer, co-founder of Live Alkaline Water, the first Black-owned brand to be sold by Walmart
Dr. Shayla Creer, co-founder of Live Alkaline Water
For the first time in history, Walmart is selling a Black-owned bottled water brand on its shelves. It's called Live Alkaline Water, and it is 100% natural alkaline water that is bottled at the source from a natural underground spring, an aquifer, and a mineral rock bed that lies 800 feet below the ground.

Thursday, June 28, 2018

Rapper Akon is Building the First Ever Black-Owned Futuristic City With Its Own Cryptocurrency Called Akoin

Akon, artist, philanthropist and founder of Akoin crypto currency

Grammy-nominated, multi-platinum selling artist and philanthropist Akon is building a first of its kind 100% crypto-based city in Senegal, West Africa, and the only form of trade that will be used is his own digital cash currency called AKoin. The futuristic city will be built on a 2,000-acre land gifted to him by Senegal's President Macky Sall, located just 5-minutes away from the country's new international airport. For years, Black leaders have talked about creating their own communities and economies... and now finally, Akon is stepping up to the plate.

Tuesday, June 26, 2018

Meet the Only Black Woman in the U.S. Who Owns Her Own Bank

Kiko Davis, only Black woman to own a bank in the US
Kiko Davis, majority owner of First Independence Bank in Detroit, Michigan

48-year old Kiko Davis is the majority stockholder of Detroit-based First Independence Bank, one of the top 10 largest Black-owned banks in the United States. This makes her the only Black woman in the country who owns a bank.