Archive for "business"

News From Around the Web: Feb. 15 Edition

February 15th, 2012

In today’s top news, Chaka Khan calls Clive Davis’s pre-Grammy party “insanity,” Whitney Houston’s family chooses to have a private funeral for the singer and Beyoncé gets back to business following the birth of Blue Ivy.

Chaka Khan says Clive Davis should have canceled his pre-Grammy party in the wake of Whitney Houston’s death. [BET]

Whitney Houston’s family chooses to have a private funeral for the singer. [CNN]

Beyoncé gets back to business following the birth of Blue Ivy. [BET]

One woman spends a year only shopping at Black businesses. [MotherJones]

Nicki Minaj explains her striking Grammy performance. [BET]

Nearly 600 Ugandan girls have been forced into the Malaysian sex trade. [TheMonitor]

Ray J dishes about his friendship with Whitney Houston. [BET]

Apple vows to improve worker’s conditions. [CNN]

Hispanic workforce expected to outpace that of Blacks and whites by 2020. [BET]

FDA finds lead in 400 popular lipsticks. [CNN]

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10 Tips to Becoming Your Own Boss Within A Year

February 15th, 2011

By Brittany Hutson, The Atlanta Post

With the number of businesses owned by blacks jumping to 1.9 million, a 60.5 percent increase, between 2002 and 2007, it’s apparent that more people are embracing entrepreneurship whether out of necessity or desire. Approximately thirteen years ago, Melinda Emerson decided to leave her professional career as a television producer to strike out on her own and create what has become an award-winning production company. The “SmallBizLady,” who is considered one of America’s leading small business experts, wants to help others follow their dream too. With her first book, Become Your Own Boss in 12 Months: A Month-by-Month Guide to a Business That Works, Emerson offers a straight-talk, month-by-month planning guide to starting a sustainable and profitable business. Emerson provided us with 10 tips to help you prepare to become your own boss:

1. Do a Life Plan: You should figure out what you want out of life and build your business around it. One way to go about developing your life plan is by founding out how much money you need to make in order to be happy.

Get the other nine tips at the Atlanta Post.

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Photos: Magic Means Business

February 11th, 2011


Former Laker star Magic Johnson’s  recent VIBE deal is just the latest in a string of business ventures.

Check out a list of them on!

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Can Blacks Achieve Business Success in China?

January 24th, 2011

Taal and Antoinette MartinTaal & Antoinette Martin in front of their restaurant in China called Mexican Kitchen.

By Steven Barboza, The Atlanta Post

Within approximately a decade, China has accelerated its urban infrastructure development by creating futuristic skyscrapers and sleek, high-speed trains, resulting in the belief by many that the country has surpassed the United States in economic dominance. In fact, nearly half of Americans (47 percent) think China is the world’s leading economic power, according to a Pew survey.

It’s no surprise then that African Americans have begun to head East in search of entrepreneurial and employment opportunities. After all, the unemployment rate for blacks in the U.S. is 15.8 percent, nearly twice the rate of whites at 8.6 percent. China may have billions of people, but its unemployment rate is only 4 percent, and the demands of modernization can equate to employment if you’ve got the talent needed and the courage to make the move.

“In 2005, [my husband and I] had an opportunity to come to China via a family friend who lived here for many years, and [our friend] asked if we’d like to open a new restaurant,” said Antoinette Martin, a former food writer and New York City restaurant manager.  “I thought it would be a great opportunity.”

Read more at The Atlanta Post.

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Bob Johnson’s Expanding International Portfolio

July 19th, 2010

BET Founder and businessman Bob Johnson is still on a roll, expanding his business investments in some unlikely places: Liberia, recovering from a brutal civil war, and Haiti, recovering from a deadly earthquake.

Last year, featured a few photos from the opening of Johnson’s luxury Kendejah resort and spa in Liberia.

This year, the tireless entrepreneur and former owner of the Charlotte Bobcats announced the launch of a building material manufacturing factory in Haiti.

Now, the millionaire and owner of RLJ companies plans to make a similar investment in Liberia’s reconstruction effort with a similar factory. Watch the CNN video interview above to see why Johnson is making investments some might consider risky, get details on his new business ventures and hear more about his expanding international investment.

“If I can get in first and make the right connections, you’ve got a good chance of not only making an investment that will return a very good reward,” says Johnson.

Untapped markets with limited competition in both countries present lucrative opportunities with incredible growth potential.

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Profile: Warren Thompson Survives the Downturned Economy — And Thrives

July 14th, 2010


Meet Warren Thompson.

Recently, I got the chance to interview the Virginia-based businessman.

He’s the CEO of a food services hospitality management company that pulls in well over $300 Million annually and was named Black Enterprise’s 2010 Company of the Year.

His rise to success is inspiring. But what’s even more motivating is how he strategizes to keep his privately owned firm profitable even during a recession.

At 12-years-old, he knew exactly what he wanted to do in life so he’s surprised when college students near their senior year and still don’t know what they want to be.

His laser-focus on navigating his businesses through challenging times and helping to guide young people to success, are admirable qualities in any executive.  For Thompson, though, they take on more weight because of his remarkable rise to business success and his insistence on reaching back to help others.

In the interview, he spoke to me about his business, how he got into it, surviving the recession, the secrets to his success and where he sees himself in 10 years.

Read the interview.

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Obama Chia Pet Not Welcome in Stores

October 7th, 2009


Just in time for the holiday season, the company that creates the Chia Pet Plant brand has created (drumroll, please) Ch-Ch-Ch-Chia Pet President Obama.

But according to a report on BlackVoices, you may experience some difficulties purchasing the item.

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