Business

Black Teen CEO Making 6 Figures Inspires Her Parents to Buy Her a Headquarters and Salon

14-year old Gabby Goodwin now has a headquarters for her business, thanks to her parents, Comedian Mike Goodwin and Rozalynn Goodwin. The successful teen entrepreneur, who is the CEO of Confidence, is looking forward to fulfilling orders for her patented GaBBY Bows and girls’ plant-based natural hair products, as well as hosting entrepreneurship and beauty workshops there. The first commercial property investment for the Goodwin family also has retail space, a salon and office space for MTG Comedy. […]

Business

Rebuilding

It’s a good idea to conduct a financial health check-up to know where you currently stand. You can do this by reviewing your credit report to be on the lookout for any discrepancies, calculating your debt-to-income ratio, and assessing your emergency savings. It’s also important to determine if you need to obtain health insurance or plan for retirement. Depending on the results of your financial health check-up, you may need to consider more proactive strategies to help you gain financial stability. […]

Business

Black Female Entrepreneur Who Owns Fleet of Trucks Launches 2-Day Business Conference For Women

On November 6-7, Kristi Jackson – White House-recognized innovator and founder of the Women CEO Project – will present the Global Power Tour to empower Black women business owners. The virtual conference will bring a power-packed lineup of nine renowned speakers to invest in Black women entrepreneurs with strategic and hands-on business development tools for success. […]

Business

Dr. Roberta Hoskie and Her Daughter Launch 1,000 Black Families Homeownership Movement Targeting Generational Wealth

     The 1,000 Black Families movement aims to address those very same inequalities. Having struggled as a single mother in the projects in New Haven CT, Dr. Roberta is all too familiar with the barriers that limit Black economic progress. After spending years speaking, writing, and teaching others how to break what she has dubbed “The Poverty Curse”, she seeks to share lessons she has applied to her own success with Black families looking to increase their overall wealth. And in keeping with that critical mission, Hoskie’s daughter, Allia, a senior at Morgan State University, an HBCU, has worked as the Managing Director of the 1,000 Black Family Program and has been instrumental in the program’s development. […]

Business

Wealth gap costs over last two decades: $2.7 trillion in Black income, $16 trillion to U.S. economy 

     “Yet even today, with all those credentials and as one of the leading executives on Wall Street,” wrote McGuire, “I am still seen first as a six-foot-four, two-hundred-pound Black man wherever I go — even in my own neighborhood. I could have been George Floyd. And my wife and I are constantly aware that our children could have their innocence snatched away from them at any given moment, simply for the perceived threat of their skin color.”    […]