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Monday, September 26, 2016

Meet Robert F. Smith -- The Little-Known Black Billionaire Who Made a $20 Million Donation to the African American Smithsonian Museum

Back in 2013, when the founders of the Smithsonian’s National Museum of African American History and Culture were seeking donors, they were encouraged to reach out to a man named Robert F. Smith. And that turned out to be a great idea because he later gave a $20 million donation to the project, making him the museum’s second-biggest private donor. Oprah Winfrey was the biggest private donor with her $21 million donation.

Sunday, September 25, 2016

Top 6 Black-Owned Construction Firms in the United States

According to Forbes, the construction industry is showing continued strong growth across the country. In fact, as of 2016, construction is the fastest growing small-business sector, generating double-digit growth (10.6 percent) among those analyzed in one study. Contrary to popular belief, many of these successful construction firms are Black-owned!

Thursday, September 22, 2016

First Black Woman Director Ever of a $100 Million Film

Ava DuVernay

Filmmaking, like many other fields, is dominated by men. It's not that women have no interest in filmmaking or film directing. In fact, half of all graduates of film schools are women. But, only 1.9 percent are directing big budget films. That small group includes Ava DuVernay, the first Black woman to direct a $100 million film.

Wednesday, September 21, 2016

Chicago's Only Black-Owned Comedy Club Forced to Shut Down

Mary Lindsey, founder of Jokes and Notes in Chicago
There are many Black-owned comedy clubs across the country, but quite a bit of them are closing down. Earlier this year, Chicago's only Black-owned comedy club, Jokes and Notes, was forced to shut down due to declining business.

Monday, September 19, 2016

This Woman is Investing $25 Million into Black and Latino-Owned Businesses

Small businesses need three things to survive and grow: capital, networks, and expertise. That is exactly what Monique Woodard is providing as a venture partner through 500 Startups -- a $25 million dollar microfund established to make early stage investments in businesses owned by Blacks and Latinos.

Saturday, September 17, 2016

30-Year Old Jamaican Woman Opens Her Own Hotel With No Money -- How She Did It!

Kalisa Martin, founder of Runaway Bed & Breakfast in Jamaica

A dream became a reality for 30-year-old Kalisa Martin who believes that "If you’re scrappy and resourceful, you can change your life with less than you might think." So she did. And she did it with no money! She quit her job, and moved from New York City to Jamaica to start a Bed & Breakfast.

Thursday, September 15, 2016

Top 5 Black Owned Restaurants in the U.S. -- 4 of Them Are in New York City

Black-owned restaurant owner

If you're looking for good soul food, all you have to do is ask around. Another way is to check out a recent list published by Black Enterprise. Their top 5 picks are not only restaurants owned by successful African Americans, but they also serve the best soul food in the country!

Wednesday, September 14, 2016

Black Entrepreneurs Find Success as Naturopathic Doctors -- Treating Their Patients Without the Use of Drugs!

Black naturopathic doctors

Health is big business, and billions of dollars in revenue is generated every year in the pharmaceutical industry. But a lot of doctors also find success in the world of naturopathy - that is, alternative medicine based on the theory that diseases can be successfully treated or prevented without the use of drugs, by techniques such as control of diet, exercise, and massage.

Monday, September 12, 2016

Top Black-Owned Apparel Lines For Young Black Girls and Teens

Young black girls

There are many places to buy clothes for children, especially girls. But if you want to take a break from typical places like Walmart, Target, and Children's Place, there are several Black-owned apparel companies that make high-quality clothing for children.

Friday, September 9, 2016

This Woman Entrepreneur Built an App Without Knowing How to Code -- and Now She's a Millionaire!

Tara Reed, creator of Kollecto app and Apps Without Code

Building an app without knowing how to code? How is that possible? Ask Tara Reed from Detroit, Michigan. This genius entrepreneur created a successful app, even though she knew nothing about coding - and little did she know that it would make her a millionaire!

7 Amazing Black-Owned Businesses in Paris, France

Myriam Maxo, Paris-based designer of African-inspired fabrics

Paris is the capital and the most populous city of France. It is also one of the most romantic cities to visit. It has the Louvre, the Eiffel Tower, museums, fashion and restaurants. It is also home to these 7 amazing black-owned businesses:

Tuesday, September 6, 2016

7 Black-Owned Businesses That Sell 100% Organic, Healthy, and Eco-Friendly Products

Eco-friendly products are organic products that do not harm the environment in anyway, whether it's in the production process or at the time of disposal. Such products include foods, drinks, skincare, haircare, and more. A record number of consumers are now more health-conscious in their buying habits because they believe in preserving the environment, as well as their own personal health.

Sunday, September 4, 2016

This Woman Entrepreneur Owns 2 IHOPs and Manages $225 Million in Real Estate

At the young age of 27, Adenah Bayoh, a former West African refugee, was able to open her first IHOP franchise in New Jersey. But now at the age of 35, she owns two IHOP locations (one in Paterson, NJ and one in Irvington, NJ) and she manages more than $200 million in urban real estate projects.

Friday, September 2, 2016

Top 5 Black-Owned Necktie and Bowtie Companies

Black-owned bowtie company

Neckwear is a multi-billion dollar industry around the world. Since the early 1800's, in many countries wearing a necktie or bowtie has been considered the proper attire for a formal occasion. There are thousands of companies that produce neckwear, but very few them or owned by Black entrepreneurs.

Wednesday, August 31, 2016

Patti Labelle Unveils 4 New Desserts to Replicate the Success of Her Sweet Potato Pies

Patti Labelle's new cobblers and cake

The sweet success of Patti Labelle's sweet potato pies exclusively available at Walmart has led to a major expansion of her personal recipe-based product line. In fact, the pies have been so successful that she and Walmart have recently announced the release of three new Pattie Labelle premium cobblers and a new apple pecan cake. All of the cakes and pies are pre-baked, and just need to be heated up in an oven.

Monday, August 29, 2016

How 2 Chainz Made $2 Million Dollars in 30 Days

2 Chainz

2 Chainz is a multi-platinum selling rapper from College Park, Georgia with several singles and albums that have charted in the top 50 of the Billboard Hot 100. At 38-years old, he has been very successful not just with his music sales, but also by selling apparel and other merchandise.

Friday, August 26, 2016

Smokey Robinson and Wife Launch New Skincare Line Called Skinphonic

Smokey Robinson with wife, Frances

The song "My Girl" recorded by The Temptations was a number one hit in 1965. It was written by Smokey Robinson who followed with several solo hits of his own, including "Cruisin", "Being With You" and "Just to See Her". So, what's Smokey up to these days?

Wednesday, August 24, 2016

Kobe Bryant Launches $100 Million Venture Capital Fund -- Shares Investment Advice With Retired NBA Players

Kobe Bryant and Jeff Stibel

Former NBA professional basketball star, Kobe Bryant, may be retired from sports but he is anything but retired. His latest endeavor is creating an investment fund that will help media, technology, and data start-up companies over the next few years.

Monday, August 22, 2016

Black-Owned Toilet Paper, Mouthwash and Laundry Detergent Brands

Kamose Muhammad, CEO and founder of Freedom Paper Company
Typically, we don't give much thought to who is the owner of the companies that produce the products we use. From toothpaste to mouthwash, soap to laundry detergent, bathroom products, and all the other products we use on a daily basis, all are made by companies that were started by entrepreneurs with an idea to solve a problem or make life a little easier. And guess what? Some of these entrepreneurs are African American.

Tuesday, August 16, 2016

Single Mother Creates School Supplies That Celebrate Black Culture

Nneka, founder of Innovative School Supplies

Remember how exciting it was as a kid to go shopping for school supplies -- boxes of crayons, pencils, notebooks? But every one's stuff looked the same -- until now. Introducing Innovative Supplies, a black-owned online store that sells unique school supplies that celebrate black culture.

Monday, August 15, 2016

Black-Owned Vacation Rental Web Sites Help Counter Discrimination

African American woman traveling

Imagine trying to book a reservation at a Bed & Breakfast and being rejected, not because of credit issues, but because you are black. Sadly, this is happening often with online vacation booking sites. So two black entrepreneurs started their own vacation booking web sites that offer vacation booking services -- without discrimination.

Wednesday, August 10, 2016

8-Year Old Starts His Own Bakery -- Says He Wants To Buy His Mom a House

Jalen Bailey, 8-year old founder of Jalen's Bakery

Jalen Bailey, an 8-year-old boy from Fresno, California is running his very own home-based bakery called Jalen's Bakery where he sells everything from cookies to bread to pastries. He says his plan is to buy a house for himself and his mom, Sharhonda Mahan.

Tuesday, August 9, 2016

Top 10 Black Business Expos Across the Country -- And Minority Business Expos Too!

Black business expo attendees

Business expos are conventions or trade shows that provide local small businesses an opportunity to showcase their products and services. For many Black and mininority-owned businesses, these events are very critical for them to network and find new customers.

Monday, August 8, 2016

$1 Million Dollar Loan Fund Launched to Help Caribbean Women Start Businesses

Business women in the Caribbean are all about helping each other. It's not easy for them to get funding, so two successful business women have decided to "pay it forward" by creating FundRiseHER - a $1 million crowdfunding campaign to help other women start their own businesses.

Saturday, August 6, 2016

Entrepreneur Launches Mobile Hair Salon Service For Black Women That Brings the Stylist to Your Home

Antonia Opiah, founder of Yeluchi

Many new businesses are launched as a result of the business owner wanting to solve a problem, or provide a service or product that is sorely needed. Take hair care for Black women, for example. It takes time and a stylist who specializes in ethnic hair to do it right, not to mention the extra time involved in traveling to the salon and back.

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