n 2011, 50 Cent (Curtis James Jackson III) announced the debut of his new energy drink, SK (Street King). It was developed by the musician and businessman to not only pump up his own bottom line, but also raise money for starving populations in Africa. With the purchase of every energy shot, Street King will provide a meal for a child in need. The goal is to feed 1 billion children over the next five years.
Archive for the ‘Good News’ Category
Cassandra Mills is a seasoned businesswoman. She had a successful career as a music industry executive, having worked for the likes of Time Warner Entertainment. Then she built her own entity, Cassandra Mills Entertainment.
Now she has ventured into a whole new arena—the beauty industry. Mills has launched Haute Face, a lush line of makeup geared to literally every hue. Mills said the idea was prompted from her own need. For years she searched in vain for makeup foundation to match her skin tone.
The true measure of wealth in a community is in its ability to produce those willing to “be” the return on the investments that others made before them. Today’s African-American business owners provide this return by garnering a sense of pride and productivity in their communities, giving young people a direct object of aspiration and, more practically, providing a place for (often) disenfranchised people to secure employment. A community with multiple small business owners can actually be seen as a sign of a healthy community.
Idris Ayodeji Bello calls himself “Afropreneur.” And the term, coined by the 33-year-old Nigerian entrepreneur, is catching on. Bello is a self-made tech innovator, and, in fact, has founded various tech initiatives with the goal of encouraging entrepreneurship and empowering communities across Africa. He co-founded the Wennovation Hub in Lagos, Nigeria, sort of a technology think tank that encourages entrepreneurs to develop their ideas into businesses.
Xavier Dillard had a childhood passion that he has now developed into a thriving business. When he was younger Dillard´s grandmother found a unique way to get him to eat all his fruits and veggies. His grandmother, RAW food Chef Sharynne, made a vegetable- and fruit-packed smoothie. She would get him to drink 15 fruits and veggies in one smoothie. Ever since then, Dillard has loved smoothies. Now it is his business– The WoRx, a private label smoothie brand. And he is just 22 years old.
In September 2012, Elayne Fluker felt like the time was “now” for an Internet TV network for women of color. So, she launched one. Fluker is founder and CEO of ChicRebellion.tv, the first and only Internet TV network for women of color, producing original Web series programming.
The latest U.S. Census report on black-owned businesses shows a growth rate three times the national average. The 10 black-owned companies listed here are excellent models for those who aspire to economic independence.
Who is the first Black person that comes to your mind when you think of wealth? Probably 99 out of 100 of us think of Oprah Winfrey, followed by Bob Johnson and his ex-wife, Sheila Johnson, and then on down the line with the likes of Michael Jordan, Earvin “Magic” Johnson, and Tiger Woods. Let’s not forget about P Diddy (or whatever his name is these days), Jay Z and Beyoncé, Tyler Perry, and Bill Cosby. Sadly, we’d probably leave Dr. Michael Lee-Chin and the Roberts brothers, Michael and Steven, off the list because they choose not to be as visible and flamboyant as the others.
Born on December 4, 1973, in Inglewood, California, Tyra Banks was a leading international fashion model, becoming the first black woman to land the cover of the Sports Illustratedswimsuit issue. She later tried her hand at acting before creating and hosting her own reality TV show, Project Runway, followed by her own daytime talk show, for which she’s won an Emmy Award.
Wally Amos was born on July 1, 1936, in Tallahassee, Florida. He started in the mailroom of the William Morris Agency and in 1962 became the first black talent agent in their history. As an agent, he signed Simon & Garfunkel and headed the agency’s rock ‘n’ roll department. In 1975, he opened the first Famous Amos store. In 1998, Keebler purchased the brand, keeping Amos as the spokesperson.