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Tuesday, October 10, 2017

Landlords Hate This Young Black Entrepreneur's App (But Renters Love It!)

Ofo Ezeugwu, CEO and co-founder of Whose Your Landlord
Courtesy of TheGrio.com

23-year old Ofo Ezeugwu is the CEO and co-founder of Whose Your Landlord (WYL), a free service that provides renters with landlord reviews so that they can be better informed about the properties that they want to rent. The web site exposes landlords who try to scam unaware consumers in the marketplace, and also provides community insights and reveals the best available apartment listings.

Monday, October 9, 2017

Black Entrepreneur Investing in Programs That Generate Revenue For Black Communities

Shaun Randolph, founder of George Swain Investments
Shaun Randolph, founder of George Swain Investments

Shaun Randolph started out as a grant writer working with nonprofits to raise money for black and under served communities. Wanting to do more, he used his grant writing and investment banking skills to raise $100 million for investments in communities of color.

Tuesday, October 3, 2017

Last Black-Owned Bank in Chicago Gets $20 Million Deposit From the City

Staff at ISf Bank in Chicago
Staff and customers at the Illinois Service Federal Savings & Loan Association in Chicago

Illinois Service Federal Savings & Loan Association (IsfBank) is the last Black-owned bank in Chicago, and the city wants it to stay afloat. That's why the city of Chicago has just deposited $20 million into the bank to ensure the bank will be around to continue to support underserved communities.

Monday, October 2, 2017

After Waiting 8 Years, Black-Owned Company Finally Wins $700 Million Contract to Redevelop South Central LA Community

Quintin E. Primo III, CEO of Capri Investment Group
Quintin E. Primo III, CEO of Capri Investment Group

A $700 million project to redevelop a neighborhood in South Central Los Angeles has been approved by The Los Angeles Planning Commission. The proposal was made by Black-owned Capri Investment Group, headquartered in Chicago, and includes homes for low-income earners and an expanded and revitalized shopping mall.

Tuesday, September 26, 2017

Talented Black Artists Cashing in on #TakeaKnee NFL/ Donald Trump Controversy

Artwork by Art God illustrating Colin Kaepernick and Donald Trump
Artwork by Art God courtesy of DaRealIcon.com

Many Black artists are using the controversial NFL protest and President Trump's recent verbal attack on NFL players, not only to bring attention to their work, but to bring revenue to their businesses. Several have painted beautiful canvasses illustrating their perspective on the issue, and some have even taken it further than that.

Monday, September 25, 2017

This 17-Year Old Black Entrepreneur's Beauty Brand is Worth Almost $500K -- And She Has More Than 40 Different Products!

Zandra Cunningham, founder of Zandra's Beauty products
Zandra Cunningham, founder of Zandra's Beauty products
Zandra Cunningham, the founder and CEO of Zandra’s Beauty, an all-natural skincare line, started her company when she was just 9-years old. Now, at age 17, her Buffalo, New York-based company has more than 40 products and is worth almost $500,000.

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!



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