Small Business Archives - Page 143 of 185 - Black Enterprise

Small Business

What You Can Learn from…Obama’s White House Shake-up

Three tips to help reposition your organization

When President Obama delivers the State of the Union within two weeks, our nation’s chief…

By Derek T. Dingle

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Entrepreneurs are known to have many qualities—persistence, leadership skills and a never-say-die attitude, to name a few. But even with those skills, even the most successful entrepreneurs have made their share of mistakes—and sometimes catastrophically. Robert Jordan, author of How They Did It: Billion Dollar Insights from the Heart of America (RedFlash Press $24.95) spoke with 45 successful entrepreneurs to gain an understanding of what it takes to successfully launch and grow a business. Among those featured is Joe Mansueto, founder of Morningstar, who sold the company for $2 billion, Raj Soin, who launched Modern Technologies Corporation (MTC) before selling it to BAE Systems for $425 million, and others who have taken their companies public in billion-dollar transactions. To be included in the book, they had to launch, grow and sell a company for approximately $100 million or go public for at least $300 million and had to be self-made, according to Jordan. “So the range ended up so that at the low end, Viresh Bhatia sold InstallShield for about $78 million and the high end was Dane Miller, who took Biomet private for $12 billion.” But what mistakes did these multi-millionaires make along the way and what can be learned from them? Read on... —Alan Hughes

5 Mistakes Millionaire Entrepreneurs Make

Even some of the richest people make common mistakes on their road to financial success.

Entrepreneurs are known to have many qualities—persistence, leadership skills and a never-say-die attitude, to name…

By Alan Hughes

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Workplace Security 101: How to Ensure a Safe Environment

Steps to safeguard your employees

In the aftermath of the recent shooting in Tucson, Arizona that left six people dead…

By Janell Hazelwood

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Getting Started: Opening a Business with Your Best Friend

Kandi Burruss and Peaches Chin tell how they never let being in business together get in the way of their friendship

A conscious decision to succeed and never let business get in the way of their…

By Arlice Nichole

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Brand strategist Hajj Flemings is the founder of Brand Camp University, which runs one of the premier personal branding conferences in the Midwest, and the author of The Brand YU Life: Re-thinking Who You Are Through Personal Brand Management, a Fast Company magazine 2008 Readers Choice Business Book of the Year. As the program ambassador for the Michigan Tech Online MBA program, Hajj recruits and manages the social media content for the program. He has been featured on Fox 2 News, ESPN.com and BusinessWeek.com and travels nationally speaking on business and personal branding, social media and career development. In his own words, Flemings shares how he uses social media to achieve his business objectives.--Alfred Edmond Jr. There is a tremendous amount of value in social networks, but most people get caught up in trying to get as many people to follow them as they can without a clear strategy on why and what they will do with them once they have them.  I am active online for the following six reasons: 1) build brand awareness, 2) engage potential customers, 3) build my network before I need it, 4) listen to others, 5) share my ideas and 6) to demonstrate expertise in my niche.

Social Media Connection: The Pros & Cons of Doing Business Online

Entrepreneurs and professionals on social media and how they connect

This week’s Social Media Connection is brand strategist Hajj Flemings, the founder of Brand Camp…

By Alfred Edmond, Jr.

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UBR Morning Post: Home Decor CEO Tina Shoulders

Bonus content on the entrepreneurs and strategies featured on The Urban Business Roundtable

This week on The Urban Business Roundtable, UBR Contributor Renita Young speaks with home decor…

By Alfred Edmond, Jr.

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Businesses stray away from “going green” because of the cost, but transitioning to an eco-conscious business doesn’t have to mean shedding out countless amounts of cash. Jennifer Kaplan’s Greening Your Small Business: How to Improve Your Bottom Line, Grow Your Brand, Satisfy Your Customers—and Save the Planet gives boutique businesses an inside view on how they can go green, from start to finish. In the kick off to BlackEnterprise.com's Weekly Top 10 at 1o, we offer you ten ways small businesses can make going green a part of their business plan in the New Year.

Top 10 at 10: Ways to Green Your Small Business without Breaking the Bank

Small businesses can save money and the environment with a few changes

Jennifer Kaplan’s Greening Your Small Business: How to Improve Your Bottom Line, Grow Your Brand,…

By Janel Martinez

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UBR Morning Post: Les Brown on Developing a Winning Mindset for 2011

Bonus content on the entrepreneurs and strategies featured on The Urban Business Roundtable

This week on The Urban Business Roundtable, UBR Executive Producer TaQuoya Kennedy speaks with master…

By Alfred Edmond, Jr.

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Getting Started: Turning Your Blog into a Business

How one enterprising woman went from blogger to entrepreneur

Hays tells how she went from blogger to businesswoman
From entertainment to politics to fashion, fascinating…

By Arlice Nichole

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Don Thompson’s Recipe for Growth

McDonalds president and COO reveals why innovation and diversity make the Golden Arches sizzle

As president and COO of McDonald’s Corp. for the past year, Don Thompson has been…

By Derek T. Dingle

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Black Enterprise pays final tribute to 10 great leaders in business, civil rights, politics and philanthropy whose passing made global news in 2010. While we mourned their departure in 2010, we also pay tribute to their historic achievements and remain grateful for the difference their contributions will continue to make in 2011 and beyond. --Alfred Edmond Jr.

In Memoriam: 10 Great Leaders Who Transitioned in 2010

Black Enterprise pays final tribute to historic difference-makers in business, civil rights, politics and philanthropy

Black Enterprise pays final tribute to 10 great leaders in business, civil rights, politics and…

By Alfred Edmond, Jr.

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11. Create a 2011 file. Start now in organizing for 2011. Make files to plan new projects, organize tax documents that will be needed to file for taxes next year, and other folders (whether digital or physical) that can already be ready for filling with important items. For more on small business success in the new year: 6 New Year Resolutions for New Entrepreneurs 9 Tips to Keep Black Salons in Business

Small Business Checklist: 11 Ways to Get Your House in Order for 2011

Get prepped now to bring in a successful new year

Start the new year off right by being prepared and armed for success.

By Janell Hazelwood

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Related Links: The Only 5 Social Media Sites You Need 10 Tips on Pitching Your Idea to the Big Guys--National Retailers How to Sell Anything to Anybody 5 Mistakes to Avoid When Growing Your Business Internationally Gains & Losses of 2010

6 New Year’s Resolutions for New Entrepreneurs

Make the following commitments to lay the foundation for succcess of your business in 2011

So you’ve decided that 2011 is the year, the official “Founded” date of your brand…

By Alfred Edmond, Jr.

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Why the Big Bowl Games Are Big Business

Washington DC official discusses economic impact the Military Bowl could have on the city

The University of Maryland Terps will face the East Carolina University Pirates in the 2010…

By Alan Hughes

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In 1994 Curtiss Pope's first job was as a grocery store clerk. Only 15, he couldn’t understand why there wasn’t a document to show customers which aisle had the bread and which aisle had the dairy. “I had to be well versed in the store layout,” remembers Pope. Fast-forward to 2008; Pope, now a software engineer, was on a grocery run with his wife when he got a spark of inspiration. He wanted to create a mobile app to help customers navigate their stores. That's exactly what he did. The app, AisleFinder, helps shoppers find their grocery items based on their shopping list. It also provides users with coupons and collects information about shoppers’ habits. Pope’s wife, along with several of his friends and family, thought it was a great idea and gave him moral support; along with $22,000. Unfortunately, the national grocery store chains didn’t feel the same way. It took a year and a half before Pope, and his four-person staff, were able to get a pilot deal with national grocery retailer, Safeway Inc. After a lot of coaxing the store agreed that starting this January they would endorse his app in 40 of their stores across California. Although AisleFinder still has a long way to go, Pope says that the deal with Safeway is already opening doors to other retailers. Here are his 10 tips for closing a deal with a national brand.

How to Get a Deal with National Retailers

10 tips on pitching your idea to the big guys from someone who did it

Curtiss Pope created a mobile app to help shoppers locate their items in grocery stores.…

By Marcia Wade Talbert

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Offer rental space to barbers and braiders. Making room for stylists with multiple talents will bring in a new and diverse clientele.  Now would be a great time to learn to braid well, or brush-up on the services that barbers usually perform.

9 Tips to Keep Black Salons in Business

Expert advice on how to weather the haircare industry storm

Here are 9 tips to keep black salons marketable and in business.

By Arlice Nichole

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For more holiday coverage, read: 'Tis the Season to 'Buy Black' WATCH: Working Your Style with Daisy Lewellyn: Your Holiday Shopping Guide Holiday Gift-Giving Made Easy for the Office Holiday Entertaining on a Budget

9 Gift Ideas That Will Have You “Buying Black” This Holiday Season

Bring holiday cheer to loved ones AND Black-owned businesses

Here are a few gift suggestions straight from Mrs. Buy-Black America, Maggie Anderson, of The…

By Janel Martinez

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For more holiday tips, read: Holiday Bonuses: A Thing of the Past or on the Comeback? Holiday Entertaining on a Budget  Holiday Gift-Giving Made Easy

‘Tis the Season to ‘Buy Black’

The Anderson family shares tips on how to check "shop at Black-owned businesses"

Blackenterprise.com spoke with the Andersons, founders of EE, about the importance of supporting black-owned businesses,…

By Janel Martinez

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UBR Morning Post: Jeans Queen Cookie Johnson

Bonus content on the entrepreneurs and strategies featured on The Urban Business Roundtable

This week on The Urban Business Roundtable, UBR Contributor Renita Young speaks with powerhouse philanthopist…

By Alfred Edmond, Jr.

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Book Review: Black Business Secrets

Author Dante Lee wants African Americans to excel as entrepreneurs, not just have good feelings about business ownership

For those entrepreneurs and aspiring business owners who are serious about building sustainable businesses, Dante…

By Alfred Edmond, Jr.

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How To

Cultural bias

Ask Sheree: When an Employee Suffers Cultural Bias

What should I do when I sense that my manager is culturally biased against me?
First…

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Startups

How to Start a Profitable T-Shirt Business

T-shirts are contemporary wardrobe staples for men, women, and children today. Building an online T-shirt…

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