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Latonda Henderson has been contributing to her 401(k) ever since she finished college and began working at a company that offered a deferred contribution plan. Since age 22, “I’ve been participating in a 401(k) plan. My father told me to start now and that’s what I did.â€
There is no one given industry or type of business that will render any entrepreneur riches beyond his or her wildest dreams. However, there are niches to be found throughout any market and during any cycle of the economy. The annual black enterprise Small Business Awards recognize those entrepreneurs who have found their niche, possessing the right strategy and skill to eventually grow their small enterprises into sizable entities within their industries.
When Marvin Carroll’s Tec-Masters Inc. landed its first military contract—a $25,000 deal to support a rocket launcher—it seemed he was well on his way to becoming a successful entrepreneur. But he realized early on that sometimes those things do not guarantee success.
For Your Wardrobe Python is one of the most stylishly diverse leathers available and nobody demonstrates that better than African American handbag designer Christopher Augmon (www.augmon.com). His selections this spring...
TV personality Tavis Smiley and his team were feeling the heat after a series of commentaries on The Tom Joyner Show in which Smiley criticized then-Sen. Barack Obama during his historic run for U.S. president for what he viewed as Obama’s reluctance to focus on issues of race.
