Black Enterprise

Black-oriented business magazine.

Articles from Vol. 38, No. 5, December

A Bahamas Mancation-Well, Sort Of: Female Writer Embarks on a Manly Travel Excursion
[ILLUSTRATION OMITTED] I DIDN'T CUT MY CIGAR, A HUGE FAUX PAS, PARTICULARLY since I'm trying out a rugged, adventurous vacation designed for men--a mancation, if you will--at the Graycliff Hotel (www.gray cliff.com) in Nassau, Bahamas. At Graycliff's...
A Click in the Right Direction: Website Teaches Youth Financial Literacy
[ILLUSTRATION OMITTED] "THERE ARE JUST TOO MANY KIDS OUT THERE WHO ARE trying for that easy dollar, but that is just not the way," says Donald Lee Robinson. "You have to work and save to get the things you need." According to Charles Schwab's...
Back Talk with Terrie M. Williams
IT'S QUITE IRONIC THAT TERRIE M. WILLIAMS, WHO is well known as the president of her own public relations agency, an author, and the founder of a youth empowerment organization called the Stay Strong Foundation, once studied to become a clinical social...
Bob Johnson Opens Car Dealership: Plans to Provide a Bridge to Create More Minority Owners
Robert L. Johnson, founder of The RLJ Cos. (parent company of RLJ Development L.L.C., No. 8 on the BE INDUSTRIAL/SERVlCE list with $460 million in sales), has widened the road for aspiring minority car dealers with a new automotive partnership. ...
Bright Gift-Giving Ideas: Some Best Buys This Season for under $100
TO TAKE SOME OF THE HEADACHE OUT OF YOUR HOLIDAY shopping and the burden off your budget, check out our best picks for gifts under $100 for friends and family. From indulgences to gadgets to pet treats, these gifts will delight everyone on your list....
Building Your Business: A Strong Web Presence Is a Must
"HAVING A PRESENCE ONLINE IS LIKE BEING IN THE PHONE book," says Maisha Walker. But, as with a telephone directory, not every company on the Internet is prominent enough. Many small businesses have an inadequate Web presence, says Walker, 34, president...
Businessman Legend Passes: Charles H. James II Credited with Transforming Family Business
THE AFRICAN AMERICAN BUSINESS community has lost one of its pioneers in Charles H. James II. As president and chairman of food distribution company The James Corp., James dedicated 36 years of his life to molding the multigenerational business into...
Calling All Recruiters: AgentHR Puts Staffing Agents in Charge
[ILLUSTRATION OMITTED] UNSTABLE MARKETS AND SLOW ECONOMIC GROWTH have not put the squeeze on the recruiting and staffing industry. Personnel staffing agencies generated revenues of $130 billion in 2006, according to Hoover's, a multi-industry insider...
Count on This: How One Young Professional Blends Bean Counting and Financial Controls with Business Savvy
[ILLUSTRATION OMITTED] How do you ensure your position as a strategic partner as opposed to a cash counter? With all the cost-control measures, we've had to find ways to cut costs. So, to have a significant investment, we ask: What's the best...
Eliminated Student Loan Debt-Now! Here's a Foolproof Plan to Get Rid of Your Debt While You're Still Young
[ILLUSTRATION OMITTED] LIKE MOST RECENT COLLEGE GRADS, Tamika Gambrell, now 26, left school with hefty student loans--debt that now has to be paid, along with all the other bills that come with living on one's own. Gambrell, who lives in Glenolden,...
Geek, Chic, or Super [Tech] Freak? Find the Perfect Present for Everyone on Your List
Whether you celebrate Christmas Kwanzaa, Hanukkah, all of the above, or none, one thing's for certain: the holidays mean giving and receiving gifts. But acrylic scarves, holiday ties, itchy wool socks, and cheap cologne won't cut it (those are so 1988!)....
Green Interests Growing: Black Attitudes Reflect Increasing Concern for the Environment
BLACKS ARE GOING "GREEN", OR MAKING MORE SUSTAINABLE decisions that benefit not only their lives but the lives of generations to come. In a recent report on sustainability by The Hartman Group, a market research firm in Bellevue, Washington, blacks...
Hotlist 07: These Bold Innovators-All under the Age of 40-Are Shaping Our World
MAKING THEIR MARK ON SECTORS RANGING FROM finance and medicine to media and entertainment, this year's roster of BLACK ENTERPRISE Hot List honorees are young, audacious change agents. Some have redefined American culture. Others have cut billion-dollar...
In Control: Tips for Navigating a Buyer's Market
[ILLUSTRATION OMITTED] SAMANTHA JUSTICE NEEDED TO MAKE SOME CONNECTIONS. In May, at a networking event for young black professionals, the 23-year-old human resources specialist for Sibley Heart Center Cardiology in Atlanta mingled with her peers,...
Investment Firms Unite: Coalition Fights New Tax Law
Minorities who work in the private equity and investment management sector battle mega funds such as The Carlyle Group and The Blackstone Group daily. Now they are facing another foe--Congress. Ways and Means Committee recently held a hearing to...
Knicks Lose Big: Isiah Thomas to Appeal Court's Decision to Award Anucha Browne Sanders in Sexual Harassment Suit
FORMER BASKETBALL MARKETING EXECUTIVE ANUCHA Browne Sanders was awarded $11.6 million in punitive damages in a sexual harassment suit against Madison Square Garden L.R and her former boss, Knicks President of Basketball Operations and Head Coach...
Management: Via E-Mail: How to Successfully Manage Virtual Teams
In 2004, Timothy A. Wilson took his management consulting and organizational development firm national in just two weeks and on a shoestring budget. Wilson, CEO of Massachusetts-based T.A. Wilson & Associates, hired a team of virtual workers to...
Me First! Putting Others' Needs before Your Own Can Be Hazardous to Your Career and Your Health
[ILLUSTRATIONS OMITTED] ANDREW J. MILISITS JR. THOUGHT HE could do it all. The 36-year-old husband and father of three is an entrepreneur, a soccer coach, and an active member of boards and organizations in the Washington. D.C., area. As the operating...
More Than Hot Air? You Decide: Presidential Candidates Sound off on Their Platform Issues While BE Places Its Bets on Each Party's Nominee
Never have the choices been wider. Never have the stakes for 21st-century America been higher. The 2008 presidential campaign has already made history in terms of its diverse slate of candidates, the cost of the race, and its early start: There will...
My Wife, My Partner
Let's face it: It is extremely difficult to build a multimillion-dollar company from scratch, negotiate the treacherous peaks and valleys of a successful career, or achieve financial security in an economy marked by uncertainty and rapid change. However,...
Negotiating Your Move: Been Offered a Big Opportunity? Here's How to Relocate Successfully
When Torra Haynes, manager of merchandising operations for Limited Brands in Columbus, Ohio, was offered a promotion that required her to relocate from New York, she balked at the idea of moving--even though the new position would benefit her career....
Our Hot Team
Every two years, we spend several months engaged in a global search for business superstars to include on The Hot List, our roster of the best and the brightest under the age of 40. By far, it is our most eclectic compilation of extraordinary individuals....
Picture of Success: When Filmmaker Hit a Rough Patch, Financing and Friends Helped Smooth the Way
[ILLUSTRATION OMITTED] AS THE SAYING GOES: WHEN THE GOING GETS TOUGH, the tough get going. They also cry along the way, oftentimes to friends and family. "There were a lot of tears," says Kenya Cagle, president and CEO of Caglevision Inc., a...
Ready to Go the Distance: Here's a Closer Look at Three Past Winners: B.E. Catches Up with a Few of Our 2006 Financial Fitness Contest Winners to See If They're Close to the Finish Line
[ILLUSTRATION OMITTED] AS PART OF THE BLACK ENTERPRISE BLACK WEALTH INITIATIVE, we hope that an award of $2,000 and the advice of a financial adviser will enable contest winners to make some real changes in their financial lives. But we all know...
Real Opportunities: Don't Let Mortgage Mayhem Steer You Away from Sound Investments
Problems in the real estate market may make you want to run for the hills, but there are still some investment opportunities to be found. According to Arthur Oduma, a senior equity analyst with Morningstar, the Chicago-based fund research group, investors...
Smoke Signals: Johnny Drake on What to Expect in a Fine Cigar
[ILLUSTRATION OMITTED] LOUNGING IN A SOFT LEATHER RECLINER AFTER ALONG day, a single malt scotch or port in one hand and a premium, hand-rolled stogie slowly smoldering in the other is Nirvana for many cigar lovers. Unfortunately, smoking restrictions...
The Luxury of Giving: Unique Gifts for Discriminating Tastes
[ILLUSTRATION OMITTED] 1 Road Kill It's a cruiser truly unlike any other, particularly for the enthusiast who collects hot wheels. This open-air ride, the three-wheeled 2008 BRP Can-Am Spyder, handles like a sports vehicle as it shifts five speeds...
There's Always One: Stellar Portfolio Weighed Down by Office Depot
WHEN DAWN ALSTON PAIGE, CO-FOUNDER OF Durham, North Carolina-based Piedmont Investment Advisors (No. 12 on the BE ASSET MANAGERS list with $1.4 billion in assets under management), picked Office Depot as part of a defensive-minded portfolio, she thought...
There's Still Time to Save: Three Year-End Money Moves You Don't Want to Overlook
[ILLUSTRATION OMITTED] THOUGH MOST PEOPLE FIND LITTLE HUMOR IN THE subject of taxes, proper tax planning requires a sense of timing, just like a well-delivered joke. Though you should have your tax strategies in place throughout the year, there...
The Rise of Independent Music: Indie Labels Maximize Control
FOR THE FIRST 12 years of her career, six-time Grammy Award-nominated R&B singer Tamia enjoyed the success of three chart-topping albums. Her 2001 solo hit, "Stranger in My House," and "Into You," her 2003 duet with rapper Fabolous, were both produced...
'Tis the Season: Have a Generous Heart with These Gifts of Glee
THE HOLIDAY SEASON IS UPON US AND IS OFTEN THE BEST TIME TO SHOW someone your appreciation. A gift that reflects your gratitude and highlights your thoughtfulness can be difficult to find. Nevertheless, these items will give anyone on your list something...
Understanding the Fed: Get a Handle on How Ben Bernanke's Decisions Affect Your Wallet
If you've ever had to bluff your way through a conversation on the Federal Reserve System--at a cocktail party, perhaps--you're not alone. After all, no institution is as camouflaged in academic jargon. And news reports about the Fed's doings, including...