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Friday, July 22, 2016

Black-Owned Fashion Organization Empowering Women All Around the World to Become Entrepreneurs

Willow Tree Roots Fashion Designs

Entrepreneur Tiffani Sharp is the founder of Willow Tree Roots, a non-profit organization that helps women to succeed as entrepreneurs. Tiffani says the idea grew from a seed of love from her heart, and she aims to improve the socioeconomic status of women all over the world.

Wednesday, July 20, 2016

Black Money Matters! Entrepreneur Launches Nationwide Program Giving African American Families Their Very Own Personal Accountant

Randy Hughes, Certified Public Accountant (CPA)

Long-time entrepreneur and accountant Randy Hughes, via Counting Pennies, his accounting and tax preparation firm based in Orlando, Florida, is now offering affordable and much-needed financial services to urban and low income families across the country. The program, called Black Money Matters, especially aims to give African American families nationwide the opportunity to have their very own personal accountant!

8,000 People Open Accounts At Black-Owned Bank In Atlanta

Staff at Citizen's Trust Bank

Citizen’s Trust Bank, a historic Black-owned bank in Atlanta, GA, has seen a huge spike in business. In just five days, 8,000 people have submitted applications to open an account.

Tuesday, July 19, 2016

Black College Student Launches Affordable $40 Shoe Brand That Gives Back to the Community

Daniel Abaraoha, founder of Vita Shoes

Daniel Abaraoha, a college student at Cornell University who lives in Arlington, Texas, has launched a unique philanthropy-driven shoe company that was created from a childhood dream of his. The company, Vita Shoes, offers customers a quality and affordable sneaker while giving a portion of their profits to homeless shelters and charity organizations.

Monday, July 18, 2016

7 Web Sites and Apps to Help You Find and Support Black-Owned Businesses

We Buy Black

There are so many reasons why it is important to support black-owned businesses. Black-owned businesses represent just 7 percent of all small businesses in the U.S., but they create jobs and contribute to the economic strength of urban communities.

Wednesday, July 13, 2016

Black-Owned Cupcake Enterprise Named "Family Business of the Year"

Mignon Francois, founder of The Cupcake Collection

Every year, Black Enterprise names one family-operated business as "Family Business of the Year." This year's prestigious award went to Nashville, Tennessee-based cupcake company, The Cupcake Collection, owned and founded by entrepreneur Mignon Francois.

Monday, July 11, 2016

Black-Owned Funeral Home Celebrates 100 Years in Business

JW Woodward Funeral home, oldest Black-owned funeral home
Kay Woodward, current president of the 100-year old family-owned company

Five generations have worked at the J. W. Woodward Funeral Home in Spartanburg, South Carolina since it's beginning 100 years ago. They are not only celebrating their 100th year in business, but they have the distinction of being the oldest black family-owned business in Spartanburg.

Wednesday, July 6, 2016

Shaq's Affordable Shoes For Kids Have Sold Over 120 Million Pairs at Walmart

Shaq's shoes at Wal-mart

Former NBA basketball star, Shaquille O’Neal, knows a lot about playing the game. Now he's also showing others that he knows a thing or two about athletic footwear. And he has proven it by selling millions of pairs of affordable shoes for kids at Walmart.

Tuesday, July 5, 2016

How One Retired NBA Player Built A $400 Million Fast Food Empire

Junior Bridgeman

You may not have heard of Junior Bridgeman, but he was an NBA player for 12 years for the Milwaukee Bucks and Los Angeles Clippers. Like all players, he eventually retired. But unlike most players, who, according to Sports Illustrated, go broke within 5 years after retiring, Bridgeman became much more successful after retirement than he was during his years playing basketball, building a $400 million fast food empire.

Tuesday, June 28, 2016

Top 7 Black-Owned Doll Makers and Designers

Black/ African American dolls

Doll making has been around since the ancient civilizations of Egypt, Greece and Rome. The first usage of dolls as toys has been documented in Greece around 100 AD. The most well-known doll makers and designers in the U.S. include Mattel, Hasbro, and others. But there also many African and African American entrepreneurs that are in the business!

Monday, June 27, 2016

Black-Owned Male Grooming Brand Finds Huge Success Overseas

Aaron Wallace, founder of Shine & Shear based in London, UK

Good grooming is just as important to men as it is to women. Although there are numerous black-owned companies that sell hair and skin products catering to black women, where are the companies owned by black men that sell products that specifically address the special needs of black men? Well, here is one you'll want to know about.

Monday, June 20, 2016

Hillary Clinton Talks To Black Businesses -- Gains Support From U.S. Black Chambers of Commerce

Hillary Clinton With Black Business Owners

Democratic presidential candidate, Hillary Clinton, has released an exclusive video showing her support of Black business owners and entrepreneurs. The the U.S. Black Chambers, Inc. (USBC) aired the exclusive video during it’s recent annual business conference in Washington, DC.

Sunday, June 19, 2016

6 Black-Owned Barbecue Spots That Have Been Around Since the Civil Rights Era

Black-owned barbecue joint

Barbecue restaurants (also known as BBQ joints, spots, pits) serving dishes like pork rib, cole slaw, potato salad and more have long been popular among African Americans, and there are many Black-owned ones located across the country. Several, however, have been around for quite a few decades and were even frequented by civil rights heroes like Martin Luther King, Jr.

Wednesday, June 15, 2016

Both Ebony and Jet Magazines Have Been Sold Off to a Private Equity Firm

Ebony and Jet magazine covers

Ebony magazine and the digital version of Jet magazine, two of the most popular publications that have chronicled African-American life for the past 71 years, have both been sold to Clear View Group - a private equity firm based in Austin, Texas. The sales price was not disclosed, but Michael Gibson, chairman of Clear View Group, says the company will retain its Chicago headquarters and much of its staff.

Tuesday, June 14, 2016

Black College Launches Student-Run Record Label Called HBCU Records

Daytona Beach, Florida is well known for the Daytona International Speedway where the Daytona 500 NASCAR race is held every year. Students and others who love music might also know it for the college-run record label that was started there recently at Bethune-Cookman University. The label, which is called HBCU Records, is run entirely by students.

Byron Allen's Entertainment Studios Acquires

Byron Allen

Byron Allen, a comedian, television producer, and entrepreneur, who is also the founder of Entertainment Studios, Inc. has announced that his company is the new owner of the New York-based African-American focused digital news platform, TheGrio.

Monday, June 13, 2016

Young Black Entrepreneur Farmers in Detroit Finding Success, But Still Struggling Because of This!

Young Black Farmers in Detroit, Michigan area

In 1910, African Americans owned nearly 20 million acres of land in the United States, most of it rural farmland. Today, they own less than 8 million acres. In Detroit, where the population is 83 percent black, black farmers want to own land and grow their own food but they have one big problem -- it's almost impossible for them to buy land!

Wednesday, June 8, 2016

It's True -- Rapper Soulja Boy Just Signed a 5-Year $400 Million Deal

Soulja Boy

A $400 million deal is a BIG deal for anyone, including 26-year-old rapper, record producer, actor, and entrepreneur Soulja Boy. Born as DeAndre Cortez Way, Soulja Boy had his first hit in 2007 and made it to the Forbes list of Hip-Hop Cash Kings of 2010 for earning $7 million for that year. He has now sealed a deal for a cool $400 million.

Monday, June 6, 2016

10-Year Old Entrepreneur Fighting Bullies With Her New Apparel Line

The youngest person ever to debut a line at New York Fashion Week is 10-year-old Egypt (Ify) Ufele. Her grandmother taught her to sew when she was only 5, and she practiced by making clothes for her Barbie dolls. What is so fascinating about Ufele, however, is her motivation behind starting her own apparel line, called ChubiiLine -- fighting bullies!

Wednesday, June 1, 2016

5 Other Companies Owned by Bob Johnson (Founder of BET) That You Probably Don't Know About

Bob (Robert) Johnson, founder of BET

Many people know Bob (Robert) Johnson as being the founder of BET (Black Entertainment Television), which he sold to Viacom back in the year 2001. BET was and continues to be the nation’s most popular and most profitable cable television channel that targets African American viewers, and many have labeled Johnson as a "sell out" because he sold the company to a non-black media entity.

Tuesday, May 31, 2016

Meet the Man Who Negotiated Lebron James' Billion Dollar Deal With Nike

Maverick Carter and Lebron James

Everyone knows Lebron James the athelete -- Cleveland Cavaliers all-time scorer, winner of four NBA MVP Awards, two NBA Finals MVP Awards and two Olympic gold medals. But he is also a successful businessman, and one of his biggest endorsements is with Nike. There is almost always someone behind every successful person, and for Lebron James, that someone is his childhood friend-turned-business partner Maverick Carter!

Tuesday, May 24, 2016

Juice Bar/ Vegan Restaurant Owner Making Healthy Profits Serving "Green Latifah" and "Swizz Beets"

Jerri Evans, owner of Turning Natural Juice Bar and Cafe

Jerri Evans, an entrepreneur that owns Turning Natural Juice Bar and Cafe in the Washington DC area, is having huge success and is planning to open more locations. As the name of her establishment suggests, they serve fresh juices and vegan-based foods, and she's pulling it off in urban areas where mostly African Americans live!

Monday, May 23, 2016

22-Year Old CEO From Kenya Builds a Multi-Million Business In Just 6 Months

Agnes Mulewa Ng'ang'a

It may have appeared on the outside that young Agnes Mulewa Ng'ang'a had everything against her ever becoming a success business owner. Those who may have doubted her didn't know Agnes! She built a very successful business in just 6 months.

Friday, May 20, 2016

Former Black Panther Starts Urban Farm in Oakland to Give Ex-Cons a Fresh Start

From a Black Panther chairwoman in the 1970's to creating an urban farm that employs ex-cons may seem like an unlikely career path for Elaine Brown. Then again, it may be just the perfect choice for a woman who has always been an advocate for prisoners.

Monday, May 16, 2016

The World’s First African-American Rolls Royce Car Dealer

Thomas Moorehead is not only the first African American Rolls Royce car dealer but the only Rolls Royce dealership in greater Washington, D.C. He is thriving in one of the wealthiest communities in the country, but he is also one of the most humble business owners you'll ever meet who has never forgotten the people who helped him along the way.

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