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Welcome to the Black Business Directory and Blog! We help empower Black entrepreneurs by promoting relevant news, success stories, and other valuable resources that stimulate entrepreneurship in African American communities. Check out our latest posts below:

Friday, December 14, 2018

Black Entrepreneur Sells His 5-Year Old Startup to P&G For an Estimated $100 Million

Tristan Walker, the founder of Walker & Company

Tristan Walker, the founder of Walker & Company, a health and beauty care brand made especially for people of color, launched his business five years ago as a small startup due to his frustrations of not having the products he particularly needs. But just recently, consumer giant Procter & Gamble acquired his brand through a lucrative deal for an estimated $100 million -- But he will continue working as CEO for the firm!

6 Impressive Black-Owned, Non-Beauty Subscriptions Boxes

The subscription box business is absolutely booming. It started mainly with beauty-inspired products but has since expanded to include pretty much every kind of interest, including fashion, food, art, and literature. Black-owned, non-beauty subscription boxes are growing in popularity with consumers who care about supporting black entrepreneurs. Sign up for any one of these black-owned, non-beauty subscription boxes to support diversity and have some fun!

Monday, December 10, 2018

Meet the Black Barber Making Almost $500K a Year Creating 'Man Weaves'

Wade Menendez, founder of The W Hair Loft

Wade Menendez, also known as "Wade the Barber," has been credited for transforming the hair game as a pioneer of creating "man weaves." Those who have a balding scalp run to his Maryland-based barbershop called The W Hair Loft, and it's no surprise that his unique procedure has earned him almost $500,000 in one year!

Friday, December 7, 2018

Today’s Top Black-Owned Skincare Brands

Woman using Black-owned skincare products

Every purchase you make has the power to do good. Support Black-owned skincare companies that speak to your passions and create honest, thoughtful products. Your money can celebrate entrepreneurs that are paving the way for others in their communities. These black-owned skincare brands create products that celebrate skin with natural, unprocessed ingredients that will have you singing their praises.

Thursday, December 6, 2018

7 Black-Owned Watch Brands You Should Make Time For

Black-owned watch brands

"Time is the only luxury," musician Kanye West once said. While timepieces or watches are usually a luxury for most, there are several Black-owned brands that create and market high-quality watches that won't break the bank... and they are definitely worth taking time to look at!

Tuesday, December 4, 2018

Meet the Former Toys ‘R’ Us Manager Who Just Opened His Own Toy Store!

Glendon Warner, former manager at Toys R Us

Glendon Warner, a former manager at a Toys 'R' Us store, was one of those who lost their jobs when the giant toy retailer decided to close its U.S. locations. While most of the former employees were disappointed with the sudden layoff, Warner saw it as an opportunity to finally pursue his dream of opening his own toy store.

Monday, December 3, 2018

These Black-Owned Businesses Killed It on Black Friday and Cyber Monday!

Quinn Conyers and other Black entrepreneurs

Billions of dollars in revenue were generated for small and large retailers this past Black Friday and Cyber Monday, making it the most profitable weekend after Thanksgiving ever. And this time around, quite a few Black-owned businesses were able to benefit from this nationwide sales extravaganza. Some made a couple thousand dollars, some made a couple hundred thousand dollars, and some even made more than $1 million.

Top Black Business Conferences, Workshops, and Seminars:
Every year, many Black business conferences are held across the country that specifically cater to established or aspiring African American business owners, professionals, authors, bloggers, and more. Literally thousands of people travel to network and do business at such events. These events are usually held in cities like Atlanta, Chicago, and New York, and typically include extensive training workshops, powerful speeches, power networking sessions, grand hall expos, and more. [Find an event to attend...]

Top Black and Minority Business Grants and Funding Opportunities:
From time to time, there are Black and minority business grants available to help African American and other minority entrepreneurs. Sometimes, they grants are offered by major companies, non-profit organizations, and even government agencies. Admittedly, such opportunities can be very difficult to find as many have been discontinued. Others in the past were offered as one or two year programs and did not renew. Despite this, such opportunities are real and are more often offered through local programs compared to national. [Get funded...]

Top Black and Minority Business Organizations:
There are many non-profit Black and Minority business organizations that aim to be of assistance to African American business owners. They are very helpful resources that offer valuable assets including grants, seminars, literature, consulting, and professional networking opportunities. There are also several government agencies that aim to assist minority business owners, including Hispanics, Asians, Native Americans, and even women of all ethnic backgrounds. [Find the right organization for you...]

Top Black Business Magazines, Publications and Blogs:
Believe it or not, there are hundreds of Black business magazines - that is, business-focused magazines that target African American readers. There are also many publications that are focused on professional career development. Some are local, some are national, and some are even international. Many are even available as digital publications via your laptop, tablet or smartphone. There are also many blogs that can be very helpful and resourceful to both aspiring and established Black business owners. [Find a publication that meets your needs...]

Interesting Facts & Statistics About Black-Owned Businesses:
Black-owned businesses accounted for about 28% percent of all businesses in Washington, DC, the highest ratio in the nation. Second, was the state of Georgia, where 20% of businesses were Black-owned, and the state of Maryland, with about 19% in Illinois. The state of New York, however, has the most Black-owned firms at 204,093 but this only accounts for 10.6% of the businesses in the state. Second is the state of Georgia, third is the state of Florida, and fourth is the state of Texas with the most Black-owned businesses but not necessarily the highest ratios. [Learn more...]