As entrepreneurs, especially BLACK entrepreneurs we are a unique group of people who are often very misunderstood. People think we sit around and make a ton of money and do nothing but live a life of luxury. While most of us, who are successful, would not have it any other way, it is rare that we get to reap the benefits of our hard work because we often become addicted and married to our businesses and it is not always easy when you have TOO much control. In addition, others fail to realize that we often struggle to find others who are like-minded and we are often looked up to but often fail to have others to look up to when we need help since our resources as entrepreneurs are so limited in the black community. Because of all this our personal lives can also be in disarray especially when we are with someone or surrounded by people who are NOT entrepreneurs.  We must take care of ourselves and our needs. Without knowing what happened to Titi Branch, I can only imagine the joy and stress of running an successful haircare business and finding normalcy in her personal life. She was one of the co-founders of the wildly successful natural hair care line, Miss Jessie’s and she died Dec. 4, of an apparent suicide. She was 45. With her sister Miko, Branch ran a popular New York salon.
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Introduction
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Strategies
“Counterfeit Concepts” of What it Takes to Be an Entrepreneur
Over the years, I have been amazed at how some people are misled by counterfiet concepts about how black entrepreneurs live and work. Most people are very comfortable with the stability they have on a job they may hate but get paid every 2 weeks.
They look at the benefits, pay, vacation time, etc. The first difference between Entrepreneurs and the 9 to 5 workers is we understand the benefits AND the limits of working for other people. [...]
Strategies
10 ways to find your Dream Team NOW
One of the most incredible and frustrating things I could expect with my business was finding the right dream team.
It took me years to do it, which completely stifled my growth because I was doing most of the work.
I would find someone to train them. [...]
Strategies
Ten things every entrepreneur should be doing
Ten things every entrepreneur should be doing
Putting 20% of all earnings in a separate bank account
You will be amazed at how much money you will save by putting away 20% of everything you earn each time a check comes in and putting it in a separate bank account. This is very easy to do by opening up a new account at another bank and transferring it online each time you get paid.
Have you noticed that you don't understand where your money is going when you waste it, it's because you are not paying attention. [...]
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Tips for Building Client Relationships and Business Sales
Photo by Kevin Ross
Client Relationships
How much more of an advantage would it be if you offered a long-term deal? Business owners NEED that income each month to level operating expenses and it's a hardcore unnecessary hustle to keep trying to do one-offs. You are killing yourself in sales, annoying your client base and wasting time when you could be doing other things like finding clients.
Business Sales
You have to be able to get up and get out and meet your client and potential clients where they are. [...]
What Does an Entrepreneur Do When You No Longer Love What You’re Doing?
Are you a Frustrated Business Owner? You Can't grow a business you don't still LOVE doing.
As an Entrepreneur, the way you plan for your business is paramount especially the future of your business. As I'm sure you know, many unpredictable things can happen. Your industry may change, you make age out, or you will be tired of doing what you do. Sometimes everything can happen at the same time. [...]
Strategies
Entrepreneurs Start Black-Owned Streaming Network “Xperienc on Demand”
The only Black-owned streamer in the country – Xperienc On Demand.
Earlier this summer, new ground was broken in Memphis when boxing champ Floyd Mayweather put his boxers up against those of Lank the King in what was called the Bi-Centennial Beat Down.
That wasn’t what was groundbreaking though – it was the fact that for the first time ever, the fights were streamed worldwide by what’s probably the first and only Black-owned streamer in the country – Xperienc On Demand.
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