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Wealth For Life
When BLACK ENTERPRISE unveiled its Declaration of Financial Empowerment nearly a decade ago, the idea was to create a program to help African Americans build wealth. Since then, the dynamics of wealth...
View ArticleMaking A Mark
“The soul of my foundation is the sole of my shoes,” declares Etu Evans, founder and director of Solesville— the Etu Evans Foundation, a Harlem-based nonprofit that provides footwear to enhance the...
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A Penny Saved
Ricky Stith is doing some major belt tightening. Like many Americans, the 49-year-old information technology professional is examining his own situation in light of the economy. Stith is correcting...
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Living the Frugal Life
(Photo by Nick Anthony) As a social worker, Philadelphia native Chad Dion Lassiter is used to encouraging people to take risks. He often pushes people to explore new ways to overcome obstacles in both...
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Plan Well, Retire Rich
(Photo by Kevin Allen) If You were to accuse Tony Gittens and his wife, Jennifer Lawson, of being obsessive when it comes to saving and investing, you would probably be right. The couple illustrates...
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Leading a Thrifty Lifestyle
The Jacksons André and Yohancé Jackson routinely attended a movie and purchased the latest CDs and DVDs every week after dining out at posh restaurants near their home. But as the economy began to...
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Ingredients for Success
For more than a decade, restaurateurs Joshua Suggs and Coretta King have kept a vigilant eye on the operating budget and overall finances of Delta’s in New Brunswick, New Jersey. The duo’s upscale bar...
View ArticleVolunteer Your Way Out of Student Debt
As Congress works to revamp student loan programs, brothers Raymar and Robert Hampshire have started their own loan initiative. In April 2009, the brothers started SponsorChange.org...
View ArticleThrifty Family Living
When Terry and Tyra Johnson got married five years ago, they decided to play an active role in managing their family finances. When it came to budgeting, the Yardley, Pennsylvania, couple refused to...
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5 great ways to finance your business
Cold-hard cash and where to find plenty of it is often the biggest roadblock for anyone starting their own business. But if depleting a savings account, borrowing from family and friends, or maxing...
View ArticleKeeping It All In The Family
There was a time when it was a cinch for the family patriarch to choose who would inherit the family fortune and take control of the family business. In most cases, the eldest son was the heir...
View ArticleReturning The Unclaimed Goods
According to Ronald Burgess Sr., senior manager in the unclaimed property practice at Deloitte & Touche, all businesses are expected to annually report outstanding unclaimed property to their...
View ArticleThe Sweet Smell Of Success
If someone were to accuse entrepreneur Cassandra Hayes of being a diva, he or she would be partially correct. In addition to owning a booming business in Philadelphia, the candid and savvy...
View ArticleBeating The Odds
It’s a grim reality that nearly half of all small businesses crash and burn within the first few years. An even darker statistic is that many of those doomed businesses are African American owned....
View ArticleBuilding For The Future
For Anthony Thompson, working over the weekends has paid off. Thompson, 41, is owner of St. Louis-based Kwame Building Group Inc., a provider of construction management, contract-claims management,...
View ArticleOne Man’s Trash…
For Deontay Potter, trash is a valuable commodity. His venture, AMW Inc. of Los Angeles, specializes in the removal of solid waste. Though not a glamorous profession, it’s potentially lucrative. With...
View ArticleHot Spots For Small Biz
In the Information Age, when it’s possible to communicate instantly around the globe, it might seem anachronistic to suggest that one geographic location is better than another to start a business....
View ArticleHigh Energy
James A. McKamey didn’t travel the road to entrepreneurship until he was in his late 40s, but it was worth the wait. His company, JAM Electrical Systems Inc. in Harrisburg, Pennsylvania, specializes...
View ArticleA Corporate Coup
Dwight E. Smith is one of the many entrepreneurs who has shifted focus away from the government in favor of corporate America. Smith, president and CEO of Sophisticated Systems Inc., an integration...
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