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How Janice Bryant Howroyd turned a $900 loan from her mom into a Billion Dollar Business

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Janice Bryant Howroyd

North Caroline native, Janice Bryant Howroyd is a multi millionaire entrepreneur and philanthropist. As the CEO and founder of the largest woman-owned workforce management company, ACT-1 Group, and the first Black woman to own a billion-dollar business, she’s charted her own course through the business world. Her company, which generates $1.1 billion in net sales, has made her…

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Black Owned Nutritional Supplements Company Vows To Help Black Communities Live Healthier

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Naturade is a manufacturer and marketer of nutritional supplements.  The company was originally founded in 1926, and was acquired by Kareem Cook and Claude Tellis in 2012. The duo first meet in college at Duke University and later reconnected after attending business school. They made the move to California together and began spreading healthy ideas…

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SoLo Raises $1.2 million to Take on the Peer-to-Peer Lending Industry

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SoLo

Peer-to-peer (P2P) lending is disrupting the financial industry via online platforms that provide individuals and businesses with more innovative lending and borrowing options. Options like SoLo, a mobile peer-to-peer lending exchange that provides affordable access to low-value funds. We spoke with CEO/Co-founder, Travis Holoway to find out more about the company and its plans. What inspired you to create…

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47 Black Owned Coffee and Tea Businesses That are Great Alternatives to Starbucks

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Black Owned Coffee and Tea Businesses

Recently, a Philadelphia Starbucks employee called the police on two Black patrons. Their crime? Waiting for a friend. The cops still arrested them. When next you feel the need for some Starbucks, consider these Black Owned Coffee and Tea Businesses instead. Black Owned Coffee and Tea Businesses Uprising Muffin Company (Washington DC) offers homemade muffins,…

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Shaq Partners With Black Owned Real Estate Development Firm to Build $79M Apartment Tower in N.J.

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Black owned real estate development firm

Shaquille O’Neal is partnering with a Black owned real estate development firm to build a 22-story apartment complex that will hover over the city’s downtown as its first high-rise in more than 50 years. “I remember when I was growing up (the city) used to be beautiful like this so the older I get, I want it to be a…

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The only Black Owned Bank in Texas Opens Atlanta branch

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Unity National Bank, the only Black owned bank in Texas, has opened its first out-of-state branch in Atlanta. This is happening in a time when the number of Black owned banks in the U.S. is on decline. The expansion caps recent years of financial growth at Houston-based Unity, driven in part by the bank’s continued…

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Tela Holcomb Retired At 29 After She Taught Herself How To Trade Stocks

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tela holcomb

From the outside looking in, you’d never know that Tela Holcomb has a net worth closely approaching the millions. She’s a happy mother and wife who lives below her means but made financial freedom a priority. Not too long ago, Tela had a government job, worked a 9 to 5 and knew nothing about the…

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Tech CEO Sheena Allen on How Her App Promotes Financial Health and Wealth

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sheena allen

Sheena Allen is the founder and CEO of tech companies CAPWAY and Sheena Allen Apps. We chatted with her to find out how she went from having no coding experience to running businesses with millions of app downloads. SB: What inspired you to start your tech companies? SA: I started Sheena Allen Apps as a senior in college.…

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Byron Allen Buys Weather Channel for $300 Million

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byron allen

Media entrepreneur Byron Allen struck a deal to acquire the Weather Channel from Comcast Corp. and private-equity firms Blackstone Group LP and Bain Capital for $300 million. Allen’s Los Angeles-based media company, Entertainment Studios, purchased Weather Group, the parent company of the Weather Channel and Local Now streaming service, for $300 million, according to a…

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Kofi Nartey Discusses How He Sells Million Dollar Homes to High Net Worth and Celeb Clients

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Kofi Nartey has over fourteen years of professional experience in luxury real estate and has sold millions of dollars worth of real estate. The former athlete and actor is currently the Celebrity and Luxury Homes Specialist and the National Director of the Compass Sports & Entertainment Division. We caught up with Kofi to find out…

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