Business Planning
The 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…
Read More7 Must-Attend Conferences for Black Women Entrepreneurs
A weekend full of inspiration and motivation can do wonders for Black women that own their own businesses! Being around a village of dreamers and doers filled with #blackgirlmagic could be just what you need. Whether you are ready to start your entrepreneurial journey or have been in the game for a few years, here…
Read MoreThe 7 Deadly Sins of Logo Creation
Entrepreneurs who get over-consumed with building a website and logo are often putting the cart before the horse. You should map out your brand promise, brand personality, ideal customer, and product value first before worrying about visual design. However, once your foundation is laid and it’s time to produce a logo, make us all proud,…
Read More6 Moves to Position Yourself to Hire a Rock Star Team
The worst time to prepare to hire is when you badly need help. You should always operate your business as if someone else is going to run it without you present. This means you put structures in place to systematize, train and manage a team over time – not when the house is on fire.…
Read MoreNetworking While Black: Building a Cross-Cultural Power Network
Building a power network is about making a name for yourself and building a community of people who know and support you and your brand, who are willing to do business and enter partnerships with you, and who send business your way. Oftentimes, building this kind of power network this means that stepping outside of…
Read MoreBlack Hair, Skin and Body Care Businesses in Denver
Denver Metro is consistently ranked as one of the fastest-growing areas in the nation. We continue to outperform the U.S. as whole with an unemployment rate is 3%, one of the lowest in the country. Great! Especially for the Black professional escaping the hustle of the urban cities in the east and north. Well…great until…
Read MoreSecrets for Testing Your Business Idea
Too often, I see our sistahs seeking the traditional method of business startup: get an idea, write a business plan, get funding, launch the business, and get ready for the bumpy drive and possible crash. Sounds pessimistic, but I’ve got some encouraging words of wisdom for the aspiring sistahpreneurs that might increase your chances of…
Read More5 Business Model Changes that Can Generate More Revenues
Your business is going nowhere fast without a profitable and sustainable business model. Thinking more about the model – the value proposition, customer avatar, channels, revenue streams and other model components is key to your success. Many great business ideas die because the model was wrong – pricing, delivery, messaging the offer, wrong customer target,…
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