Business Planning
The Crisis of Black Women Entrepreneurs and Time Poverty
Are Black Women Entrepreneurs More Prone to Time Poverty? I witness the impact of time poverty on Black women entrepreneurs whom I coach way too often. In fact, I’ve battled the issue myself for some time. I think we are especially prone to time poverty because we are often running an under-resourced, understaffed…
Read MoreAre Clients Questioning Your Pricing? Do This.
When Black Women Consultants Tell Me Clients Question Their Pricing As a Black woman consultant, you may find yourself facing the question of why clients are questioning your pricing. You understand the value you bring to the table. You’ve put in the time, effort, and resources to develop your expertise, and you’ve honed…
Read MoreBecoming Bankable: Funding Terms You Need to Know
Accessing capital is one of our toughest challenges as black women-owned businesses. According to a report by Digital Undivided’s Project Diane, firms started by black women received only .0006% of VC funding raised by startups between 2009 and 2017. This number is offensively low! But, the reality is that venture capital (VC) funding often comes…
Read MoreMarried Business Partners: 13 Tips From a Relationship Expert
If there’s one thing everybody and their mama can tell you about running a business it’s, “don’t work with family!” Family and business go together like oil and water, hot grease, and straightening combs (those who know, know). You don’t have to think long to come up with examples of business and family…
Read MoreHow Business Owners Avoid Zoom Fatigue and Set Healthy Work Boundaries
Anybody else just over virtual meetings? Zoom fatigue is not a new phenomenon but it’s gained more popularity since the world went remote in 2020. Its older cousins go by the names of technostress and digital fatigue. These newish conditions are a form of burnout caused by technology that’s taking your energy. …
Read MoreHow to Create the Company Culture of Your Dreams
Creating a company culture is about building up a team environment that fosters joy, productivity, and results all at the same time. When you do this right, your people wake up excited to come to work and be in each others’ presence; they also do great work, period. As a CEO, it’s your responsibility to…
Read MoreNew Year CEO Prep
Whew! What a year! This year 2020 has been filled with ups and downs, wins and losses, for the nation as a whole and for the Black community in particular. While over 40% of Black business owners have closed their doors due to the pandemic, others have experienced unprecedented growth and advancement due to an…
Read MoreThe Consequences of Starving Your Business
Look, sis, we all know that running a small business takes a lot of funds, and it’s tempting to cut the costs where you can. But, it’s also important to know that taking a do-it-yourself approach to the big things isn’t really free. Instead, if you try to DIY the tasks that keep your business…
Read MoreMoney Moves During the Pandemic Recession
The 2020 recession did not come to play. If these last few months of the pandemic have showed us anything, sis, it’s that things are always changing. COVID-19 and stay-at-home orders have impacted everyone, but Black-owned micro businesses like yours and mine have probably been hit hardest of all. Financial experts have already identified this…
Read MoreBlack Women Entrepreneurs Weathering the COVID-19 Storm
I’m not about that sailor life by any means, but a few years back, I learned a little about the origins of the phrase “getting your sea legs.” A term that I believe Black women entrepreneurs need to hear and embrace at a time like this. The phrase refers to an experience that sailors often…
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