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When Donald King retired from the Army in 2002, he looked at starting his own business. With the skills he learned from 20 years in the military, this University of Maryland graduate believed he was ready for the challenges of entrepreneurship.
Franchising is hardly a new topic for our editors to tackle. This sector is and has been an important contributor to the U.S. economy, and if tapped into properly, it can serve as a viable avenue through which African Americans can build wealth. In our inaugural issue of Black Enterprise, in August 1970, we produced a franchising feature that included such high-profile entrepreneurs at the time as then Pittsburgh Steelers superstar Brady Keys, former astronaut Ed Dwight, and rock and roll legend Fats Domino. And 23 years ago, in our September 1987 issue, we viewed franchising as such a significant area of opportunity that we developed our black enterprise Franchise 50 to help readers identify franchise businesses that offered the lowest barriers to entry.
The economic climate is preventing many franchisees from reaching their full potential, says Miriam Brewer, director of education and diversity for the International Franchise Association, a trade organization in Washington, D.C.
In celebration of our 40th anniversary, Black Enterprise ranks the Titans: The 40 Most Powerful African Americans in Business--and how they shaped our world. Follow our daily countdown. Ariel Investments Founder and CEO John W. Rogers Jr. is No. 18 on our list of the most impactful black business leaders of the past four decades.
This week's Social Media Connection is CEO of both Empower Me! Corporation, a media, publishing and professional development company, and Hues Consulting & Management, Inc., a diversity recruitment, recruiter training and employment branding consulting firm. Here's how she connects.
