20 Black Angels Worth Knowing For Minority Startups
Daymond John helped revolutionize urban fashion in the 1990s as founder, president, and CEO of FUBU (“For Us, By Usâ€). He guided the iconic brand into a multimillion-dollar business, placing...
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Shopify and Operation Hope To Create 1 Million Black Businesses In 10 Years
To achieve this bold mission, Operation HOPE will work closely with Shopify, which estimates the value of its commitment at $130 million.
Stripe Acquires Nigeria’s Paystack For $200 Million For Expansion Across The Continent
Online paying system Stripe has acquired Nigerian tech startup Paystack to expand its services across Africa. The cost: more than $200 million.
Reinvent Yourself by Firing Yourself
I embraced the concept of self-termination when I read a blog by Avon CEO Andrea Jung. A few years back, she was on the firing line after missing revenue and profit targets for two consecutive quarters. A board member told her that she was going to be dismissed in a few months if she didn’t correct course. He advised Jung to “fire†herself over the weekend and “rehire†herself as the company’s new turnaround artist.
BEing Green: Leveraging on Innovation
But, where there’s necessity, there’s invention, and Keith Dixon, along with his business partner, David Ramano, created a gown that curbs the potential for a “wardrobe malfunction.†Aside from making way in the healthcare sector, the gowns also fill a void in another burgeoning industry, green products. Though less than two years old, their Florida-based company, Pristine Gowns Inc., already inked a deal to provide its eco-friendly gowns to the University of Miami Hospitals, in April, and is currently in negotiations with two other hospitals.