african american business Archives - Black Enterprise

Tag Archives: african american business

45 Great Moments in Black Business – No. 24: A.G. Gaston Amasses $130 Million Fortune

Born the grandson of a slave in a log cabin on July 4, 1892, Arthur…

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45 Black Corporate Directors Who Power the Tech Industry

They have oversight of S&P 500 tech companies

We have decided to share with you the segment of corporate directors with oversight of…

By Derek T. Dingle

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45 Great Moments in Black Business – No. 25: Black Investment Banks and Facebook’s $104 Billion IPO

Yet, they didn't benefit as much as majority-owned investment firms

The Facebook IPO served as a catalyst for more BE 100s black investment banks to…

By Jeffrey McKinney

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45 Great Moments in Black Business–No. 26: Parks Sausage Returns to Black Ownership With $4 Million Buyout

The iconic sausage company was started by an African American

Raymond V. Haysbert, Sr. and the management team of Parks Sausage Co, launched by the…

By Jeffrey McKinney

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Iconic Black-Owned Construction Firm, H.J. Russell & Co., Launching New S.P.A.C.E. Division

The BE 100 company generates over $200 million in revenue

An iconic BE 100s company, H.J. Russell & Co. is launching a new division that…

By Jeffrey McKinney

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The One Thing You Need To Do To Really Make Your Business Grow

You've grown and established your business, now it needs to be nurtured

Taking a step back from the “bells and whistles” of running a business in the…

By Shakira M. Brown

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New Online Portal Offers Loans Up to $500,000 to African American Entrepreneurs in Chicago

Lending option needed in Chicago to help black small businesses grow, observers say

Officials say the platform will allow African American entrepreneurs in Chicago to connect with area…

By Jeffrey McKinney

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45 Great Moments in Black Business – No. 27: Don Barden’s $149 Million Acquisition of Three Vegas Casinos

The black business icon was a trailblazer in America's gaming industry

Rising from meager beginnings to become a self-made multi-millionaire African American entrepreneur, the late Don…

By Jeffrey McKinney

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ELC to Black Corporate Leaders: Use Your Power to Impact Change

An urgent call-to-action for black executives

Carla Harris, another former ELC Board Chair who was presented her award by iconic AMEX…

By Derek T. Dingle

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The Secret To a Wildly Successful Product Launch? Focus Groups

Opinion studies provide valuable insight

Insights obtained from focus groups have the potential to change your life forever whether the…

By Shakira M. Brown

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45 Great Moments in Black Business – No. 28: Berry Gordy Sells Motown Records

The iconic record label is a pillar of music history

In 1988 Berry Gordy sells Motown Records, which created “The Sound That Changed America” and…

By Jeffrey McKinney

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Mellody Hobson, President of Ariel Investments

45 Great Moments in Black Business – No. 29: Ariel Investments’ $16 Billion Milestone

The black-owned investment firm achieves a major milestone

Ariel Investments, No.1 on the BE ASSET MANAGERS LIST is the first black money manager…

By Jeffrey McKinney

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Houston Black Businesses Persist and Thrive After Harvey

Four black companies that Hurricane Harvey couldn't destroy

The massive Hurricane Harvey storm did not stop these four Houston-based black businesses from growing…

By Jeffrey McKinney

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Black-Owned Investment Company’s $700 Million Project Will Redevelop South Central, LA

Mixed-use project still needs final approval from Los Angeles City Council

Calling its approval a “milestone,” Capri Investment Group has the green light to proceed with…

By Jeffrey McKinney

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Ray J and business partner, Billy Jones with Scoot-E-Bike at the Staples Center (Image: File)

Just What Is Ray J Doing with a Tech Company?

'At some point, you gotta branch out and start taking the money that you make and investing it.'

I sat down with Ray J to find out why he built his company Raytroniks…

By Sequoia Blodgett

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Chicago’s Last Black-Owned Bank Gets $20 Million Cash Infusion

Some say the transaction could help alleviate the violence plaguing The Windy City

To spark economic development activity within the black community, Chicago deposits $20 million into ISF…

By Jeffrey McKinney

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Pink Rubber Tires creators - the Pruitte Sisters - with Steve Harvey on Steve Harvey's Funderdome

Sisters Launch Way For Women to Buy Car Tires and Auto Services Without Getting Ripped Off

Twin sisters launch service to help empower women with auto repair and maintenance

Marcia Pruitte-Coleman and Marla Pruitte are the co-founders of Pink Rubber Tires, a service that sells…

By Brandon Andrews

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Basketmate Funderdome

Brother-and-Sister Entrepreneurs Create Unique Laundry Basket

Their invention means never having to struggle carrying laundry

Najma and Yusuf  Jamaludeen are siblings that collaborated to create an innovative laundry product, BasketMate.…

By Brandon Andrews

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How theBOM Makes it Convenient to Shop Black-Owned Businesses

Creating pop-up retail for black-owned businesses

We (theBOM) are a collaborative platform, without the participating brands we would not exist. We…

By Kandia Johnson

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Flaky Bakes Founder Lateshia Dowell on Steve Harvey's Funderdome

Flaky Bakes’ CEO Lateshia Dowell on Making ‘Piekies’ Pies and Being a ‘One-Woman Show’

Bringing the joy of baked goods to everyone and remembering Grandmommy

On Episode 11 of Steve Harvey’s Funderdome, Lateshia Dowell pitched her business, Flaky Bakes—a metro Detroit…

By Brandon Andrews

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How To

Password Protect Your Flash Drive In Two Simple Steps

Flash drives, thumb drives, USB sticks: whatever you want to call them, they’re more than…

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Black Female Voice Actor on How to Break into the Lucrative Voice-Over Business

“The secret society [of the voice-over business] is due in part because it’s a career…

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