Black Enterprise

Black-oriented business magazine.

Articles from Vol. 42, No. 8, March

4 Apps to Boost Your Score: Here's How to Effectively Manage and Improve Your Credit Rating a Few Points at a Time
[ILLUSTRATION OMITTED] MICHAEL NOLEN WAS UNHAPPY WITH his credit report. It was back in 2010 when the Atlanta-based real estate agent saw his credit score drop by more than 100 points. A housing market drop and dwindling home sales made commission...
Accessing Fresh Capital Sources: New Bill Lets Entrepreneurs Use Crowdfunding to Start or Grow Their Ventures
[ILLUSTRATION OMITTED] RIGHT NOW, ALL SORTS OF NONPROFIT CAUSES AND entertainment projects can receive cash donations from ordinary people through crowdfunding websites such as IndieGoGo.com, KickStarter.com, and RocketHub.com. But because of securities...
A Rally Is in Sight: Dawn Brown Offers Bond, Dividend, and Global Funds to Bolster Investors' Portfolios
[ILLUSTRATION OMITTED] AFTER A STRING OF VOLATILE YEARS FOR stock mutual funds, 2012 could see a rally. Dawn Brown, senior financial adviser at Altlest Personal Wealth Management, a New York City-based, family-owned personal wealth management company,...
Backtalk with Debra Martin Chase
ACADEMY AWARD- AND EMMY-NOMINATED producer Debra Martin Chase is the first African American woman producer to have a solo deal at a major studio. She is also the CEO and president of Martin Chase Productions, her own Walt Disney Co.-affiliated production...
Beyond Home-Ownership: The McLeans' Homebuying Strategy Leaves Little Cash for Other Investments
[ILLUSTRATION OMITTED] MILITARY BENEFITS GAVE Brian McLean, 27, and his wife, Robin, 29, a great head start to reach their primary investment goal: homeownership. But their lack of diversification has left them overinvested in real estate and barely...
Cutting Back to Get Ahead: Daron Pressley Trims Thousands from His Annual Budget to Pursue His Dream of Entrepreneurship
[ILLUSTRATION OMITTED] AS A KEY ACCOUNT EXECUTIVE with food manufacturing giant Kellogg Co., Daron Pressley enjoyed a six-figure salary and an extravagant lifestyle. It was nothing for the twenty-something bachelor to spend $400 partying with friends...
Don't Pass Up an Upgrade
I did not take a direct path into technology. Some 23 years ago, my mother enrolled me in the Chicago High School for Agricultural Sciences, and boy was I unhappy with her. CHSAS was known as 'The Farm School." Located then on 80 acres on the last...
Fit for Business: The Wrights Turned a Mobile Fitness Venture into a Full-Service Gym and Wellness Center
[ILLUSTRATION OMITTED] WHEN JOHN L. WRIGHT'S NEIGHBOR GREW FRUSTRATED with the lack of progress she experienced while working with a personal trainer, she turned to him for guidance. Wright, a former semi-professional bodybuilder and former dietician...
Giving Back Behind Bars: Entrepreneur Helps the Incarcerated Help Themselves
[ILLUSTRATION OMITTED] TODD PEMBERTON BELIEVES EVERYONE DESERVES A second chance at finding his or her way. And so, since 2008, the 44-year-old owner of Bugs Are Gone (www.bugsaregone.com), a Brooklyn-based pest-control company, has been touring...
Leading While Learning: A Former City Government Professional Takes the Helm at a Major Art Institution
[ILLUSTRATION OMITTED] ELSIE MCCABE THOMPSON KNOWS TODAY THAT AS as a child she suffered from attention deficit hyperactivity disorder. In fact, today she will tell you that she has a "host of learning disabilities." Raised in Brooklyn, New York,...
New Lessons to Learn: Increase Your Productivity with Technology
AS A DIGITAL LIFESTYLE EXPERT ON THE TODAYSHOW, CNN, and on my daffy talk show on SiriusXM, I try to do one thing: inspire and educate you on how to use technology to change your life and your business. One thing technology can do is help you be much...
Out of the Dog House: Atlanta Groomer Gets a New Leash on Life after a Hardware Makeover
FAILURE TO UPGRADE HARDWARE CAN COST HUNDREDS OF THOUSANDS of dollars in maintenance of antiquated equipment, loss of data, and slowed productivity. Yet many small business owners fail to make the investment in a timely fashion. This month, to show...
Over 40 and Looking: A Better Approach to Finding Work for Older Job Hunters
DR. STEPHEN LASER IS A LITTLE apologetic as he identifies age, appearance, and attitude as the three perceived challenges that tend to work against job seekers over 40. While he acknowledges that it is against the law to discriminate against an applicant...
Peek in Your Purse: The Contents May Reveal More about How You Manage Your Money Than You Think
[ILLUSTRATION OMITTED] CINDY MCFIELD-ASAMOAH VIEWS HERSELF AS A MINIMALIST. "I DON'T CARRY A LOT OF makeup or other items in my purse. I have an iPad 2 that I sometimes carry, and a BlackBerry Torch that I carry everywhere." The 37-year-old married...
Picture Perfect: A Marketing Exec Refocuses Her Lens on Travel
[ILLUSTRATION OMITTED] HANGING OUT WITH HER COUSIN, SINGER GRACE JONES. AT A PHOTO SHOOT IN 2001, Jacqueline Jones got all the encouragement she needed to pursue her art interest when a renowned photographer saw some of her travel shots and told...
Redesign Made Easy: How to Build a Better Website
SO YOU HAVE A WEBSITE--GREAT. But so do your competitors. If you want your site to help drive sales for your business in 2012, it has to be a better website and stand out from the rest. Here are a few things you can do, right now, to enhance...
Soci@lology: How Social Media Saved My Business
TO KEEP PEOPLE ENGAGED IN HER COMPANY'S SOCIAL MEDIA presence, Dawn Fitch spends one to two hours a day writing blog posts, commenting on her followers' comments and posts, and developing "flash sales." "We post the sales on Twitter and Facebook...
Soul Train Creator: Don Cornelius
Don Cornelius gave soul music a place to live. In 1970, he created and hosted the show Soul Train, the first black music variety show on American television. Cornelius died Feb. 1, 2012, at the age of 75. Cornelius started out in the insurance business...
The Game Plan: Former Major Leaguer Steers His Auto Dealerships through the Slump
DORIAN S. BOYLAND, CEO OF BOYLAND AUTO GROUP (NO.4 ON THE BE AUTO DEALERS list with $315 million in revenues) can say something few people in the automotive industry can say: His company just had its best year ever. Not only are revenues at the Orlando-based...
The Perfect Fit: A Former Boutique Owner Finds a Good Look in a New Company
[ILLUSTRATION OMITTED] Name: Tom Cooke Job: Master Specialist, Brooks Brothers Location: Philadelphia Last Position: Cooke operated his own men's boutique, Paris Europa, which specialized in luxury, high-end, and made-to-order lifestyle...
There's More to Tech Than Social Media
On a number of occasions, you've probably heard me refer to technology as "the great equalizer." It's true. Proper and effective use call enhance the sales, financial, and marketing performance of any company; deepen customer and personal relationships;...
Tools and Tips for Online Investing: Self-Directed Investment Tools Help You Balance Your Portfolio and Grow Wealth
[ILLUSTRATION OMITTED] FOR YEARS HYACINTH TUCKER OF BOWIE, MARYLAND, though investing was for the rich. Also. it was "one of those things you put off because you just don't under stand it," says the 36-year-old insurance agent and owner of a professional...
Where Is the Love? How the Level of Employee Engagement Can Strengthen or Damage Your Company's Brand
PROTECTING AND MANAGING HOW consumers and clients respond to a company's brand are naturally top priorities for any organization. What some companies tend to overlook, however, is how employees feel about their place of employment. Those feelings and...
Why We Must Do Business with Each Other
From May 23-26, the nation's largest annual gathering of black entrepreneurs will take place when more than 1,500 business owners, corporate executives, and professionals converge on the city of Chicago for the 2012 Black Enterprise Entrepreneurs Conference....