Starting a Business? A few things You Need to Know Starting a business? Here are a few tips to help you along the way. I've been in business now for 23 years. I've been very lucky because it's been estimated that up to 85% of new businesses fail within the first four years or less. Some studies state as high as 60% of new businesses fail within the first year. [...]

There are those times when no matter how successful you are, it's just time to close your business I just saw a longtime friend be forced out of his business. He basically lost everything and had to even move back to his hometown to live with his parents. He told me that he is humiliated. At one time he was very successful but a change in the economy and for what he was doing brought a whole new set of challenges for him. [...]

I learned how to be an entrepreneur by trial and error and since I am celebrating my 25th year in business I'd like to share the truth about Black Owned Businesses, Enterprise and More So I'm celebrating my 25th year as an entrepreneur this year. [...]

5 Characteristics of Stand-Out Entrepreneurship Black entrepreneurship has exploded in the last few years, with the sizable growth of business development and personal independence. But what does it take to be a stand-out black entrepreneur?  While it’s commonly believed that anyone can run their own business—with enough grit and determination—there are actually specific characteristics of black entrepreneurship that take a mediocre business and make it thrive. Here are 5 characteristics of stand-out black entrepreneurship: Passion With enough determination, most people can make it to the next level of just about anything they set out to do. [...]

Making More Money with your Business Means Building More Value Kevin Ross CEO/Radio Facts Making more money with your business by making the best long-term small efforts Making more money with your business is crucial to your growth. By now you should know that all the rage is on being an black entrepreneur but if you are one you know it's not something that most people can do.  I've been an black entrepreneur for 24 years and I can honestly tell you it's not what you think it is and it's a lot more at the same time. [...]

Several years ago, I was wondering the halls at a music industry event. I walked past a bunch of empty rooms and was stunned to see an industry legend in one of the rooms by herself accessing the room. Sylvia Rhone was about to leave and I had never met her and here was my chance to introduce myself. I introduced myself then told her about my (then) new business (Radio Facts) and how I wanted to grow. She listened intently as I went on and one and then said something to me that I will never forget. [...]

(Photo by Frederick M. Brown/Getty Images ) New Edition has literally been around for more than 35 years and they have been able to sustain a legacy that most groups never could. They have taken breaks, come back together, split up in different directions and even had success without each other but they always knew the value of what they started in Boston as kids. I was thinking, there are a lot of things that this group has done that would be a great lesson to black entrepreneurs when it comes to success and sustaining. Here it is. [...]

Please Banerghatta National Park During a recent trip, I was helping a relative who is in need get a bus pass. It's been many years since I've had to get a bus pass myself so I was not familiar with the process. While we were standing there, I was completely unaware that we were being watched. I was explaining to my relative that I didn't really know what I was doing. The cost of the bus pass was $25, all I had was a $20 bill and a $10. [...]

Three years ago, I had this great idea to do a podcast on a regular basis on my main site Radio Facts (www.blogwallet.com). I started putting the show together and put together a team that I thought would work. I respected their tenure, they were intelligent and they had various personalities. Most were in between gigs and I thought it was a great way to put them in front of industry opportunities. [...]

I consult a few businesses each week. I was talking to a client about...

This picture says it all "Disconnected" Unfortunately, Don Lemon was roasted on Twitter once again last night. He opened up a CNN newscast with two large cards in front of him; one with me Confederate flag the other with a sign that spelled "Nigger." He asked if each one was offensive. He was trying to create shock value, based on a podcast that President Obama had done where he said the word "Nigger' and the current controversy over the Confederate flag and what it means. Truth be told, the two are not synonymous in this instance. [...]

Over the years, I have learned very valuable lessons about doing business. I pay great attention to what I hear and the advice that I get from successful industry people and I understand the rules to succeed. Below are some of the common things I have heard my clients point out when it comes to what turns them off the most when doing business and what will make them not support someone. Sense of Entitlement Never treat a client like they are obligated to support you. [...]