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This year, we spoke with some of gaming’s most influential Black entrepreneurs for our exclusive business series. Securing the bag. And while they shared too much good advice to list here, we’ve rounded up some of the nuggets of wisdom they dropped that will be helpful no matter what industry you’re in. I thought I would end this year by looking back.
If you’re looking to level up at work and life in 2024, check out some of the best advice from Black entrepreneurs this year.
“Know your why” (Pernell Caesar – CEO, BLK & Bold)
As BLK & Bold CEO Parnell Cezar said, business ideas can be as small as a dime. That’s why it’s important to know why your idea is worth working on.in August conversation, He said it’s important to be your own North Star and come back to your purpose during difficult times.
“I think it’s really important to always take an inventory if you don’t know your why. [whether] You are on your own to discover it. And that comes from digging within yourself and perhaps going deeper into your own journey to discover what resonates most with you. ” He said.
“Listen to your customers” (Teri Johnson – CEO of Harlem Candle Co.)
Terry Johnson, founder and CEO of Harlem Candle Company, launched his business in 2014 and has seen incredible growth since then. Her products are available nationwide at major retailers such as Macy’s, Nordstrom’s, and Bloomingdale’s.
in November conversation, Johnson said one of the biggest keys to success is listening to customers’ needs. Their feedback helped us make several important business decisions, including the decision to expand our product offerings to include fragrances.
“Silence the haters” (Nia DaCosta – director/screenwriter)
Sometimes your biggest obstacle on the road to success is yourself. Writer and director Nia DaCosta says haters will always hate, but you have to know how to shut them up, even if your biggest hater is yourself.
“If you want to be a writer, write. If you want to be a director, find a way to direct. If you want to direct but not write, find a writer who doesn’t direct.” she said. “Find collaborators and create work, no matter what it is. [work] That’s what we really want to do. ”
She recommends finding ways to quiet the voices in your head that tell you you don’t belong. Because that’s not reality. And for women of color, that voice can be even louder, she added.
“Don’t forget to work on your relationships” (Married to a real estate company Starring Egypt Sherrod and Mike Jackson)
When your business partner is also your life partner, it can be difficult to keep the two worlds separate.However, as Married to a real estate company Stars Egypt Sherrod and Mike Jackson said building relationships has to be a priority.
“What we always say is that if we don’t work, nothing will work.” Jackson said. “We continue to date to continue to like each other so that we don’t become two adults who are just partners and parents. We will continue to be lovers,” Sherrod said. , added that before going too deep, they talked about limits and determining when to back off.
“Never forget where you came from” (Calvin Qualis – Scotch Porter CEO)
Scotch Porter CEO Calvin Qualis developed the idea for men’s self-care products in his New Jersey kitchen. His products are currently sold at Target stores nationwide. However, Qualis continues to use his personal experience and resources to help others.
As a resident entrepreneur Target’s Accelerator Program; He has mentored other entrepreneurs on products they are developing.And last year, the company scotch porter impact fundwhich donates 2 percent of its online sales to initiatives focused on underserved groups.
“People want more from brands than just great products, which is why our business is built around giving our customers the opportunity to live their best and most fulfilling lives.” He said.
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