Famous African American Business Leaders

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  famous african american business leaders: African American Management History Leon C. Prieto, Simone T. A. Phipps, 2019-06-11 The most successful business leaders always have their own compelling philosophies, but all too often the thoughts and ideologies of high-profile African American leaders are forgotten or passed over. This exciting new study reflects on some of the leading black business pioneers of the late 19th and early 20th century.
  famous african american business leaders: The History of Black Business in America Juliet E. K. Walker, 2009 In this wide-ranging study Stephen Foster explores Puritanism in England and America from its roots in the Elizabethan era to the end of the seventeenth century. Focusing on Puritanism as a cultural and political phenomenon as well as a religious movement, Foster addresses parallel developments on both sides of the Atlantic and firmly embeds New England Puritanism within its English context. He provides not only an elaborate critque of current interpretations of Puritan ideology but also an original and insightful portrayal of its dynamism. According to Foster, Puritanism represented a loose and incomplete alliance of progressive Protestants, lay and clerical, aristocratic and humble, who never decided whether they were the vanguard or the remnant. Indeed, in Foster's analysis, changes in New England Puritanism after the first decades of settlement did not indicate secularization and decline but instead were part of a pattern of change, conflict, and accomodation that had begun in England. He views the Puritans' own claims of declension as partisan propositions in an internal controversy as old as the Puritan movement itself. The result of these stresses and adaptations, he argues, was continued vitality in American Puritanism during the second half of the seventeenth century. Foster draws insights from a broad range of souces in England and America, including sermons, diaries, spiritual autobiographies, and colony, town, and court records. Moreover, his presentation of the history of the English and American Puritan movements in tandem brings out the fatal flaws of the former as well as the modest but essential strengths of the latter.
  famous african american business leaders: African-American Business Leaders John N. Ingham, Lynne B. Feldman, 1994 The only biographical dictionary on African-American business leaders, this volume provides biographies on 123 individuals. Covering significant Black business leaders from the early days in America to the present, it includes many individuals who do not appear in general African-American biographical collections, and provides extensive information that is not available in other sources. Each biographical profile provides comprehensive coverage of the individual, and includes comprehensive bibliographical information. The volume also includes appendices classifying the business leaders by place of birth, principal place of business, type of business, and women business leaders. An extensive general bibliographical essay provides information on works giving background information, and the volume concludes with a full subject index.
  famous african american business leaders: The Self-Reliant Entrepreneur John Jantsch, 2019-10-22 A guide for creating a deeper relationship with the entrepreneurial journey The Self-Reliant Entrepreneur offers overworked and harried entrepreneurs, and anyone who thinks like one, a much-needed guide for tapping into the wisdom that is most relevant to the entrepreneurial life. The book is filled with inspirational meditations that contain the thoughts and writings of notable American authors. Designed as a daily devotional, it is arranged in a calendar format, and features readings of transcendentalist literature and others. Each of The Self-Reliant Entrepreneur meditations is followed by a reflection and a challenging question from John Jantsch. He draws on his lifetime of experience as a successful coach for small business and startup leaders to offer an entrepreneurial context. Jantsch shows how entrepreneurs can learn to trust their ideas and overcome the doubt and fear of everyday challenges. The book contains: A unique guide to meditations, especially designed for entrepreneurs A range of topics such as self-awareness, trust, creativity, resilience, failure, growth, freedom, love, integrity, and passion An inspirational meditation for each day of the year. . . including leap year Reflections from John Jantsch, small business marketing expert and the author of the popular book Duct Tape Marketing Written for entrepreneurs, as well anyone seeking to find a deeper meaning in their work and life, The Self-Reliant Entrepreneur is a practical handbook for anyone seeking to embrace the practice of self-trust.
  famous african american business leaders: John Merrick Robert McCants Andrews, 1920
  famous african american business leaders: Notable Black American Women Jessie Carney Smith, Shirelle Phelps, 1992 Arranged alphabetically from Alice of Dunk's Ferry to Jean Childs Young, this volume profiles 312 Black American women who have achieved national or international prominence.
  famous african american business leaders: The Merchant Prince of Black Chicago Robert E. Weems Jr., 2020-03-09 Born to enslaved parents, Anthony Overton became one of the leading African American entrepreneurs of the twentieth century. Overton's Chicago-based empire ranged from personal care products and media properties to insurance and finance. Yet, despite success and acclaim as the first business figure to win the NAACP's Spingarn Medal, Overton remains an enigma. Robert E. Weems Jr. restores Overton to his rightful place in American business history. Dispelling stubborn myths, he traces Overton's rise from mentorship by Booker T. Washington, through early failures, to a fateful move to Chicago in 1911. There, Overton started a popular magazine aimed at African American women that helped him dramatically grow his cosmetics firm. Overton went on to become the first African American to head a major business conglomerate, only to lose significant parts of his businesses—and his public persona as ”the merchant prince of his race”—in the Depression, before rebounding once again in the early 1940s. Revealing and panoramic, The Merchant Prince of Black Chicago weaves the fascinating life story of an African American trailblazer through the eventful history of his times.
  famous african american business leaders: Eva The Adventuress Nellie Bly, 2021-03-16 An astonishing discovery! Available for the first time in 125 years, the Lost Novels Of Nellie Bly! Pioneering undercover journalist Nellie Bly is rightly famous for exposing society's ills. From brutal insane asylums to corrupt politicians, she used the pages of the New York World to bring down all manner of frauds, cheats, and charlatans. What no one knows is that Nellie Bly was also a novelist. Because, of the twelve novels Bly wrote between 1889 and 1895, eleven have been lost - until now! Newly discovered by author David Blixt (What Girls Are Good For, The Master Of Verona), Nellie Bly's lost works of fiction are available for the first time! These are The Lost Novels of Nellie Bly! Nellie Bly's second novel was ripped from the headlines of 1889! Inspired by her electric interview with convicted criminal Eva Hamilton (wife to the great-grandson of Alexander Hamilton), Nellie Bly’s second novel, Eva The Adventuress, is a blockbuster of the fury of a woman scorned. Born into poverty, beautiful Eva Scarlett rescues a handsome stranger from a mob, trusting him to marry her. She soon discovers he has tricked her, their marriage is a lie! Alone in New York, a “fallen woman,” Eva sets off down a path of vengenace on all those who have wronged her. Her quest is derailed by the genuine love of a scion of a famous family. Yet the past cannot let her go, and Eva discovers that in the battle between love and revenge, only one can triumph. This volume also includes original articles from the real-life Eva Hamilton Scandal as it unfolded across years. Her conviction for attempted murder was only the beginning of a bizarre and lurid tale of purchased babies, scheming lovers, a mysterious drowning, a fortune at stake, and a turn upon the stage! When Bly penned this novel in 1889, her invented ending could not predict the strange twists of fate life had in store for the real—Eva The Adventuress!
  famous african american business leaders: Entrepreneurs Who Changed History DK, 2020-09-15 Whether titans of industry, influential business leaders, or creators of history's most recognizable brands, these entrepreneurs had the vision, innovation, and ruthless determination to make their marks on our society in indelible ways. Boldly illustrated and comprehensive in its scope and depth, Entrepreneurs Who Changed History profiles more than 90 industry leaders across the world and throughout the ages - from the enterprising bankers of the medieval world and the merchants of an empire to the titans of industry and the geniuses of Silicon Valley. Combining accessible text with specially-commissioned illustrated portraits in a range of bold artwork styles, photographs, and infographics, entries showcase each individual in a fresh, visual way. The towering personalities behind some of history's most recognizable brands and companies - their ruthlessness, tenacity, creativity, and sheer grit - are all brought to vivid life. Profiling the kings and queens of commerce and trade, Entrepreneurs Who Changed History features the familiar faces of Vanderbilt and Rockefeller, Ford and Ferrari, Gates and Zuckerberg, alongside lesser-known figures such as the enterprising women of colonial America, the emancipated enslaved people who became millionaires against all odds, and the individuals powering today's emerging economies.
  famous african american business leaders: Black Business: African American Entrepreneurs & Their Amazing Success! Carole Marsh, 2011-03-01 Black entrepreneurs can show kids of all ages how to achieve, not only in spite of obstacles, but very, very often, because of them! Wonderful stories of all types of successes and all kinds of ways to get there. Learn how starting at the bottom is a challenge, but no hindrance to making your way to the top of the business ladder. They may see how they can become business successes in today's world.
  famous african american business leaders: African American Entrepreneurship in Richmond, 1890-1940 Michael A. Plater, 1996 First Published in 1997. Routledge is an imprint of Taylor & Francis, an informa company.
  famous african american business leaders: The Gospel of Wealth Essays and Other Writings Andrew Carnegie, 2006-09-26 Words of wisdom from American philanthropist Andrew Carnegie Focusing on Carnegie's most famous essay, The Gospel of Wealth, this book of his writings, published here together for the first time, demonstrates the late steel magnate's beliefs on wealth, poverty, the public good, and capitalism. Carnegie's commitment to ensuring and promoting the welfare of his fellow human beings through philanthropic deeds ranged from donations to universities and museums to establishing more than 2,500 public libraries in the English-speaking world, and he gave away more than $350 million toward those efforts during his lifetime. The Gospel of Wealth is an eloquent testament to the importance of charitable giving for the public good. For more than seventy years, Penguin has been the leading publisher of classic literature in the English-speaking world. With more than 1,700 titles, Penguin Classics represents a global bookshelf of the best works throughout history and across genres and disciplines. Readers trust the series to provide authoritative texts enhanced by introductions and notes by distinguished scholars and contemporary authors, as well as up-to-date translations by award-winning translators.
  famous african american business leaders: Black Fortunes Shomari Wills, 2018-01-30 “By telling the little-known stories of six pioneering African American entrepreneurs, Black Fortunes makes a worthy contribution to black history, to business history, and to American history.”—Margot Lee Shetterly, New York Times Bestselling author of Hidden Figures Between the years of 1830 and 1927, as the last generation of blacks born into slavery was reaching maturity, a small group of industrious, tenacious, and daring men and women broke new ground to attain the highest levels of financial success. Mary Ellen Pleasant, used her Gold Rush wealth to further the cause of abolitionist John Brown. Robert Reed Church, became the largest landowner in Tennessee. Hannah Elias, the mistress of a New York City millionaire, used the land her lover gave her to build an empire in Harlem. Orphan and self-taught chemist Annie Turnbo-Malone, developed the first national brand of hair care products. Mississippi school teacher O. W. Gurley, developed a piece of Tulsa, Oklahoma, into a “town” for wealthy black professionals and craftsmen that would become known as “the Black Wall Street.” Although Madam C. J Walker was given the title of America’s first female black millionaire, she was not. She was the first, however, to flaunt and openly claim her wealth—a dangerous and revolutionary act. Nearly all the unforgettable personalities in this amazing collection were often attacked, demonized, or swindled out of their wealth. Black Fortunes illuminates as never before the birth of the black business titan.
  famous african american business leaders: African-American Business Leaders and Entrepreneurs Rachel Kranz, 2004 For as long as there have been blacks in the Americas, there have been African-American entrepreneurs.
  famous african american business leaders: Locking Up Our Own James Forman, Jr., 2017-04-18 WINNER OF THE PULITZER PRIZE FOR GENERAL NON-FICTON ONE OF THE NEW YORK TIMES BOOK REVIEWS' 10 BEST BOOKS LONG-LISTED FOR THE NATIONAL BOOK AWARD FINALIST, CURRENT INTEREST CATEGORY, LOS ANGELES TIMES BOOK PRIZES Locking Up Our Own is an engaging, insightful, and provocative reexamination of over-incarceration in the black community. James Forman Jr. carefully exposes the complexities of crime, criminal justice, and race. What he illuminates should not be ignored. —Bryan Stevenson, author of Just Mercy and founder of the Equal Justice Initiative A beautiful book, written so well, that gives us the origins and consequences of where we are . . . I can see why [the Pulitzer prize] was awarded. —Trevor Noah, The Daily Show Former public defender James Forman, Jr. is a leading critic of mass incarceration and its disproportionate impact on people of color. In Locking Up Our Own, he seeks to understand the war on crime that began in the 1970s and why it was supported by many African American leaders in the nation’s urban centers. Forman shows us that the first substantial cohort of black mayors, judges, and police chiefs took office amid a surge in crime and drug addiction. Many prominent black officials, including Washington, D.C. mayor Marion Barry and federal prosecutor Eric Holder, feared that the gains of the civil rights movement were being undermined by lawlessness—and thus embraced tough-on-crime measures, including longer sentences and aggressive police tactics. In the face of skyrocketing murder rates and the proliferation of open-air drug markets, they believed they had no choice. But the policies they adopted would have devastating consequences for residents of poor black neighborhoods. A former D.C. public defender, Forman tells riveting stories of politicians, community activists, police officers, defendants, and crime victims. He writes with compassion about individuals trapped in terrible dilemmas—from the men and women he represented in court to officials struggling to respond to a public safety emergency. Locking Up Our Own enriches our understanding of why our society became so punitive and offers important lessons to anyone concerned about the future of race and the criminal justice system in this country.
  famous african american business leaders: Prince of Darkness Shane White, 2015-10-13 “A well-told, stereotype-busting tale about a nineteenth century black financier who dared to be larger than life, and got away with it!” —Elizabeth Dowling Taylor, New York Times–bestselling author In the middle decades of the nineteenth century Jeremiah G. Hamilton was a well-known figure on Wall Street. Cornelius Vanderbilt, America’s first tycoon, came to respect, grudgingly, his one-time opponent. Their rivalry even made it into Vanderbilt’s obituary. What Vanderbilt’s obituary failed to mention, perhaps as contemporaries already knew it well, was that Hamilton was African American. Hamilton, although his origins were lowly, possibly slave, was reportedly the richest black man in the United States, possessing a fortune of $2 million, or in excess of two hundred and $50 million in today’s currency. In Prince of Darkness, a groundbreaking and vivid account, eminent historian Shane White reveals the larger than life story of a man who defied every convention of his time. He wheeled and dealed in the lily-white business world, he married a white woman, he bought a mansion in rural New Jersey, he owned railroad stock on trains he was not legally allowed to ride, and generally set his white contemporaries teeth on edge when he wasn’t just plain outsmarting them. An important contribution to American history, Hamilton’s life offers a way into considering, from the unusual perspective of a black man, subjects that are usually seen as being quintessentially white, totally segregated from the African American past. “If this Hamilton were around today, he might have his own reality TV show or be a candidate for president . . . An interesting look at old New York, race relations, and high finance.” —New York Post
  famous african american business leaders: Black Wealth Robert L. Wallace, 2000-05-04 Geared to African Americans who want to achieve wealth through entrepreneurship, this book opens with extensive statistics on black wealth and offers case studies of approximately 10 entrepreneurs and how they overcame obstacles in their businesses.
  famous african american business leaders: America's Black Founders Nancy I. Sanders, 2010 Celebrates the lives and contributions of African-American leaders who played significant roles in colonial and Revolutionary War-era America, and includes over twenty related activities.
  famous african american business leaders: Building Atlanta Herman Russell, Bob Andelman, 2014-04-01 Born into a blue-collar family in the Jim Crow South, Herman J. Russell built a shoeshine business when he was twelve years old—and used the profits to buy a vacant lot where he built a duplex while he was still a teen. Over the next fifty years, he continued to build businesses, amassing one of the nation’s most profitable minority-owned conglomerates. In Building Atlanta, Russell shares his inspiring life story and reveals how he overcame racism, poverty, and a debilitating speech impediment to become one of the most successful African American entrepreneurs, Atlanta civic leaders, and unsung heroes of the civil rights movement. Not just a typical rags-to-riches story, Russell achieved his success through focus, planning, and humility, and he shares his winning advice throughout. As a millionaire builder before the civil rights movement took hold and a friend of Dr. King, Ralph Abernathy, and Andrew Young, he quietly helped finance the civil rights crusade, putting up bond for protestors and providing the funds that kept King’s dream alive. He provides a wonderful behind-the-scenes look at the role the business community, both black and white working together, played in Atlanta’s peaceful progression from the capital of the racially divided Old South to the financial center of the New South.
  famous african american business leaders: Successful Black Entrepreneurs Steven S. Rogers, 2022-02-15 Learn about the successes of Black entrepreneurs through a collection of unique case studies Successful Black Entrepreneurs is an insightful collection of Harvard Business School case studies about Black entrepreneurs succeeding in a variety of industries and through different routes, including start-ups, franchising, and acquisitions. The book also recognizes and celebrates Black entrepreneurial excellence, as it takes the reader through the stages of entrepreneurship, including ideation, raising capital, growing the company, and taking it public. In addition to identifying the positive aspects of Black entrepreneurship, the book also uses data, research, and anecdotes to highlight the challenges faced by Black entrepreneurs, including: An inability to access capital from traditional financial institutions like banks and private equity firms The requirement to practice “racial concealment” in the company of White customers in order to achieve success Perfect for students, aspiring entrepreneurs, and established business leaders, Successful Black Entrepreneurs provides practical perspectives from Black entrepreneurs about what it takes to succeed in business.
  famous african american business leaders: Collective Courage Jessica Gordon Nembhard, 2015-06-13 In Collective Courage, Jessica Gordon Nembhard chronicles African American cooperative business ownership and its place in the movements for Black civil rights and economic equality. Not since W. E. B. Du Bois’s 1907 Economic Co-operation Among Negro Americans has there been a full-length, nationwide study of African American cooperatives. Collective Courage extends that story into the twenty-first century. Many of the players are well known in the history of the African American experience: Du Bois, A. Philip Randolph and the Ladies' Auxiliary to the Brotherhood of Sleeping Car Porters, Nannie Helen Burroughs, Fannie Lou Hamer, Ella Jo Baker, George Schuyler and the Young Negroes’ Co-operative League, the Nation of Islam, and the Black Panther Party. Adding the cooperative movement to Black history results in a retelling of the African American experience, with an increased understanding of African American collective economic agency and grassroots economic organizing. To tell the story, Gordon Nembhard uses a variety of newspapers, period magazines, and journals; co-ops’ articles of incorporation, minutes from annual meetings, newsletters, budgets, and income statements; and scholarly books, memoirs, and biographies. These sources reveal the achievements and challenges of Black co-ops, collective economic action, and social entrepreneurship. Gordon Nembhard finds that African Americans, as well as other people of color and low-income people, have benefitted greatly from cooperative ownership and democratic economic participation throughout the nation’s history.
  famous african american business leaders: African Americans in Business Tish Davidson, 2014-09-02 Many people dream of owning their own business or making it to the top of the corporate ladder. In the pages of this book, you'll meet African Americans who overcame obstacles and stereotypes to make their dreams a reality. Madam C. J. Walker was orphaned at age 7, married at 14, became a mother at 18, and was widowed at 20. She went on make a million dollars selling hair care products. Berry Gordy loved music but went broke after opening a record store. He didn't give up, though. Gordy eventually started Motown Records, which became one of the country's most successful record labels and introduced a host of talented black artists to mainstream American audiences. Stanley O'Neal grew up on a farm without running water or indoor toilets. Through intelligence and hard work he became the head of a $50 billion investment bank. Read about these and other inspiring figures in this book.
  famous african american business leaders: The Black History of the White House Clarence Lusane, 2013-01-23 The Black History of the White House presents the untold history, racial politics, and shifting significance of the White House as experienced by African Americans, from the generations of enslaved people who helped to build it or were forced to work there to its first black First Family, the Obamas. Clarence Lusane juxtaposes significant events in White House history with the ongoing struggle for democratic, civil, and human rights by black Americans and demonstrates that only during crises have presidents used their authority to advance racial justice. He describes how in 1901 the building was officially named the “White House” amidst a furious backlash against President Roosevelt for inviting Booker T. Washington to dinner, and how that same year that saw the consolidation of white power with the departure of the last black Congressmember elected after the Civil War. Lusane explores how, from its construction in 1792 to its becoming the home of the first black president, the White House has been a prism through which to view the progress and struggles of black Americans seeking full citizenship and justice. “Clarence Lusane is one of America’s most thoughtful and critical thinkers on issues of race, class and power.”—Manning Marable Barack Obama may be the first black president in the White House, but he's far from the first black person to work in it. In this fascinating history of all the enslaved people, workers and entertainers who spent time in the president's official residence over the years, Clarence Lusane restores the White House to its true colors.—Barbara Ehrenreich Reading The Black History of the White House shows us how much we DON'T know about our history, politics, and culture. In a very accessible and polished style, Clarence Lusane takes us inside the key national events of the American past and present. He reveals new dimensions of the black presence in the US from revolutionary days to the Obama campaign. Yes, 'black hands built the White House'—enslaved black hands—but they also built this country's economy, political system, and culture, in ways Lusane shows us in great detail. A particularly important feature of this book its personal storytelling: we see black political history through the experiences and insights of little-known participants in great American events. The detailed lives of Washington's slaves seeking freedom, or the complexities of Duke Ellington's relationships with the Truman and Eisenhower White House, show us American racism, and also black America's fierce hunger for freedom, in brand new and very exciting ways. This book would be a great addition to many courses in history, sociology, or ethnic studies courses. Highly recommended!—Howard Winant The White House was built with slave labor and at least six US presidents owned slaves during their time in office. With these facts, Clarence Lusane, a political science professor at American University, opens The Black History of the White House(City Lights), a fascinating story of race relations that plays out both on the domestic front and the international stage. As Lusane writes, 'The Lincoln White House resolved the issue of slavery, but not that of racism.' Along with the political calculations surrounding who gets invited to the White House are matters of musical tastes and opinionated first ladies, ingredients that make for good storytelling.—Boston Globe Dr. Clarence Lusane has published in The Washington Post, The Miami Herald, The Baltimore Sun, Oakland Tribune, Black Scholar, and Race and Class. He often appears on PBS, BET, C-SPAN, and other national media.
  famous african american business leaders: How to Succeed in Business Without Being White Earl G. Graves, 1997 From the high-profile founder of the highly successful Black Enterprise magazine comes an illuminating guide for the aspiring African-American entrepreneur. Graves uses his own story--which includes careers in the military, real estate, and public service as an assistant to Sen. Robert F. Kennedy--and those of dozens of other black men and women as examples of how to achieve professional success.
  famous african american business leaders: Who Built That Michelle Malkin, 2015-05-19 The conservative columnist shares stories about inventors who have shaped American technological progress through the innovation of everyday objects, from bottle caps to bridge cables.
  famous african american business leaders: Black Titan Carol Jenkins, Elizabeth Gardner Hines, 2009-04-02 The grandson of slaves, born into poverty in 1892 in the Deep South, A. G. Gaston died more than a century later with a fortune worth well over $130 million and a business empire spanning communications, real estate, and insurance. Gaston was, by any measure, a heroic figure whose wealth and influence bore comparison to J. P. Morgan and Andrew Carnegie. Here, for the first time, is the story of the life of this extraordinary pioneer, told by his niece and grandniece, the award-winning television journalist Carol Jenkins and her daughter Elizabeth Gardner Hines. Born at a time when the bitter legacy of slavery and Reconstruction still poisoned the lives of black Americans, Gaston was determined to make a difference for himself and his people. His first job, after serving in the celebrated all-black regiment during World War I, bound him to the near-slavery of an Alabama coal mine—but even here Gaston saw not only hope but opportunity. He launched a business selling lunches to fellow miners, soon established a rudimentary bank—and from then on there was no stopping him. A kind of black Horatio Alger, Gaston let a single, powerful question be his guide: What do our people need now? His success flowed from an uncanny genius for knowing the answer. Combining rich family lore with a deep knowledge of American social and economic history, Carol Jenkins and Elizabeth Hines unfold Gaston’s success story against the backdrop of a century of crushing racial hatred and bigotry. Gaston not only survived the hardships of being black during the Depression, he flourished, and by the 1950s he was ruling a Birmingham-based business empire. When the movement for civil rights swept through the South in the late 1950s and early 1960s, Gaston provided critical financial support to many activists. At the time of his death in 1996, A. G. Gaston was one of the wealthiest black men in America, if not the wealthiest. But his legacy extended far beyond the monetary. He was a man who had proved it was possible to overcome staggering odds and make a place for himself as a leader, a captain of industry, and a far-sighted philanthropist. Writing with grace and power, Jenkins and Hines bring their distinguished ancestor fully to life in the pages of this book. Black Titan is the story of a man who created his own future—and in the process, blazed a future for all black businesspeople in America.
  famous african american business leaders: Why Should White Guys Have All the Fun? Reginald F. Lewis, Blair S. Walker, 2005-10 The inspiring story of Reginald Lewis: lawyer, Wall Street wizard, philanthropist--and the wealthiest black man in American history. Based on Lewis's unfinished autobiography, along with scores of interviews with family, friends, and colleagues, this book cuts through the myth and hype to reveal the man behind the legend.
  famous african american business leaders: The African American Entrepreneur W. Sherman Rogers, 2009-12-14 African American entrepreneurship has been an integral part of the American economy since the 1600s. On the eve of the Civil War, the collective wealth of free blacks was approximately $50 million. In 2006, African Americans earned a whopping $744 billion, a figure that exceeds the gross domestic product of all but 15 nations of the 192 independent countries in the world. As W. Sherman Rogers ably demonstrates, African Americans have achieved these economic gains under difficult circumstances. Slavery, segregation, and legally limited access to property, education, and other opportunities have taken a heavy toll, even to this day. Besides providing a penetrating glimpse into the world of black entrepreneurship both past and present, this book urges African Americans to gain financial independence as entrepreneurs. Business ownership, Rogers argues, will bring security, wealth that can be passed to successive generations, and educated offspring with much greater earning power. The African American Entrepreneur: Then and Now explores the lower economic status of Black Americans in light of America's legacy of slavery, segregation, and rampant discrimination. It shines a light on the legal, historical, sociological and political factors that together help explain the economic condition of Black people in America from their arrival in America to the present. In the process, the book spotlights the many amazing breakthroughs made by Black entrepreneurs even before the Civil War and Emancipation. Profiles of businesspeople from the post-Civil War period through today include Booker T. Washington, pioneer banker and insurer A.G. Gaston, hair care entrepreneur Madame C.J. Walker, Ebony publisher John H. Johnson, Black Entertainment Television founder Robert L. Johnson, publisher Earl Graves, music producer Damon Dash, rapper Sean Combs, former basketball stars Dave Bing and Magic Johnson, food entrepreneur Michelle Hoskins, broadcast personality Cathy Hughes, former Beatrice Foods head Reginald Lewis, Oprah Winfrey, and many more. As Rogers points out, reading about remarkable African American entrepreneurs can inspire readers to adopt an entrepreneurial mindset. To further that goal and help readers take the plunge, he outlines many of the skills, tools, and information necessary for business success-success that can help chart a new path to prosperity for all African Americans.
  famous african american business leaders: In Their Time Anthony J. Mayo, Nitin Nohria, 2005-10-04 Great business leaders possess more than celebrated traits like charisma and an appetite for risk. They have contextual intelligence—a profound ability to understand the Zeitgeist of their times and harness it to create successful organizations. Based on a comprehensive Harvard Business School Leadership Initiative study, Anthony J. Mayo and Nitin Nohria present a fascinating collection of stories of the 20th century's greatest leaders, from unsung heroes to legends like Sam Walton and Bill Gates. The book identifies three distinct paths these individuals followed to greatness: entrepreneurial innovation, savvy management, and transformational leadership. Through engaging stories of leaders in each category, the authors show how, by reading the context they operated in and embracing the opportunities their times presented, these individuals created, grew, or revitalized outstanding American enterprises. A canon of leadership success from the last century, In Their Time reveals insights for contemporary leaders hoping to build lasting legacies.
  famous african american business leaders: Black Business Secrets Dante Lee, 2010-11-15 Should I lower my price point? Give my new product away for free online? How do I compete when my goods, services, or business model might be duplicated? In this candid, 21st-century-savvy guide, Dante Lee illustrates how passion can become profit by addressing the questions that every businessperson needs to ask. Black Business Secrets discusses the entrepreneurial skills that African-American business owners must master in order to compete in a world where most new companies fail within three years. Whether you’re a weekend entrepreneur or a career-changing professional, Lee’s motto—don’t be a worrier, be a warrior—applies. From personal branding to best practices, this empowering blueprint offers surefire tips and strategies designed to ensure business survival and success.
  famous african american business leaders: Franchise: The Golden Arches in Black America Marcia Chatelain, 2020-01-07 WINNER • 2021 PULITZER PRIZE IN HISTORY Winner • 2022 James Beard Foundation Book Award [Writing] The “stunning” (David W. Blight) untold history of how fast food became one of the greatest generators of black wealth in America. Just as The Color of Law provided a vital understanding of redlining and racial segregation, Marcia Chatelain’s Franchise investigates the complex interrelationship between black communities and America’s largest, most popular fast food chain. Taking us from the first McDonald’s drive-in in San Bernardino to the franchise on Florissant Avenue in Ferguson, Missouri, in the summer of 2014, Chatelain shows how fast food is a source of both power—economic and political—and despair for African Americans. As she contends, fast food is, more than ever before, a key battlefield in the fight for racial justice.
  famous african american business leaders: Full Time CEO Will Roundtree, 2019-11-25 Ever wonder how to become a CEO? Or ever wonder what CEOs do? Or have you ever just wondered why this sounds like a bunch of BS being shot to you when you inquire about the job? For those of you who want the unabashed words from a CEO himself, this is the book for you. Unapologetic. Unashamed.Mr. Will Roundtree puts the bullshit to the side to tell you ...The Shit They ​Don't ​Tell You.Mr. Roundtree gives the inside scoop on the SIX STEPS that he applied to his life to make him the effective ​Fulltime CEO​ he is today. He went from homeless to Millionaire on these concepts, and he is living proof that they can transform your business acumen. By applying the six principles in this book into his ​own ​life, he was able to reconstruct his life and become the CEO he dreamed he would be. Allow ​Fulltime CEO​ to revolutionize ​your​ life with a real-life model that is easy to implement into your daily life.
  famous african american business leaders: The Illusions of Entrepreneurship Scott A. Shane, 2008-10-01 There are far more entrepreneurs than most people realize. But the failure rate of new businesses is disappointingly high, and the economic impact of most of them disappointingly low, suggesting that enthusiastic would-be entrepreneurs and their investors all too often operate under a false set of assumptions. This book shows that the reality of entrepreneurship is decidedly different from the myths that have come to surround it. Scott Shane, a leading expert in entrepreneurial activity in the United States and other countries, draws on the data from extensive research to provide accurate, useful information about who becomes an entrepreneur and why, how businesses are started, which factors lead to success, and which predict a likely failure. The Illusions of Entrepreneurship is an essential resource for everyone who has dreamed of starting a new business, for investors in start-ups, for policy makers attempting to facilitate the formation and survival of new businesses, and for researchers interested in the economic impact of entrepreneurial activity. Scott Shane offers research-based answers to these questions and many others: · Why do people start businesses? · What industries are popular for start-ups? · How many jobs do new businesses create? · How do entrepreneurs finance their start-ups? · What makes some locations and some countries more entrepreneurial than others? · What are the characteristics of the typical entrepreneur? · How well does the typical start-up perform? · What strategies contribute to the survival and profitability of new businesses over time?
  famous african american business leaders: The American Dream Is Not Dead Michael R. Strain, 2020-02-25 Populists on both sides of the political aisle routinely announce that the American Dream is dead. According to them, the game has been rigged by elites, workers can’t get ahead, wages have been stagnant for decades, and the middle class is dying. Michael R. Strain, director of economic policy studies at the American Enterprise Institute, disputes this rhetoric as wrong and dangerous. In this succinctly argued volume, he shows that, on measures of economic opportunity and quality of life, there has never been a better time to be alive in America. He backs his argument with overwhelming—and underreported—data to show how the facts favor realistic optimism. He warns, however, that the false prophets of populism pose a serious danger to our current and future prosperity. Their policies would leave workers worse off. And their erroneous claim that the American Dream is dead could discourage people from taking advantage of real opportunities to better their lives. If enough people start to believe the Dream is dead, they could, in effect, kill it. To prevent this self-fulfilling prophecy, Strain’s book is urgent reading for anyone feeling the pull of the populists. E. J. Dionne and Henry Olsen provide spirited responses to Strain’s argument.
  famous african american business leaders: Entrepreneurship and Self-Help among Black Americans John Sibley Butler, 2012-02-01 Since its publication in 1991, Entrepreneurship and Self-Help among Black Americans has become a classic work, influencing the study of entrepreneurship and, more importantly, revitalizing a research tradition that places new ventures at the very center of success for black Americans. This revised edition updates and enhances the work by bringing it into the twenty-first century. John Sibley Butler traces the development of black enterprises and other community organizations among black Americans from before the Civil War to the present. He compares these efforts to other strong traditions of self-help among groups such as Japanese Americans, Jewish Americans, Greek Americans, and exciting new research on the Amish and the Pakistani. He also explores how higher education is already a valued tradition among black self-help groups—such that today their offspring are more likely to be third and fourth generation college graduates. Butler effectively challenges the myth that nothing can be done to salvage America's underclass without a massive infusion of public dollars, and offers a fresh perspective on those community based organizations and individuals who act to solve local social and economic problems.
  famous african american business leaders: Business in Black and White Robert E. Weems, 2009-02-01 Business in Black and White provides a panoramic discussion of various initiatives that American presidents have supported to promote black business development in the United States. Many assume that U.S. government interest in promoting black entrepreneurship began with Richard Nixon's establishment of the Office of Minority Business Enterprise (OMBE) in 1969. Drawn from a variety of sources, Robert E. Weems, Jr.'s comprehensive work extends the chronology back to the Coolidge Administration with a compelling discussion of the Commerce Departmen's “Division of Negro Affairs.” Weems deftly illustrates how every administration since Coolidge has addressed the subject of black business development, from campaign promises to initiatives to downright roadblocks. Although the governmen's influence on black business dwindled during the Eisenhower Administration, Weems points out that the subject was reinvigorated during the Kennedy and Johnson Administrations and, in fact, during the early-to-mid 1960s, when “civil rights” included the right to own and operate commercial enterprises. After Nixon's resignation, support for black business development remained intact, though it met resistance and continues to do so even today. As a historical text with contemporary significance, Business in Black and White is an original contribution to the realms of African American history, the American presidency, and American business history.
  famous african american business leaders: Shadow and Light Mifflin Wistar Gibbs, 1902
  famous african american business leaders: Confronting the Odds Bessie House-Soremekun, 2002 An interest in the history of African American entrepreneurship has produced a number of studies of economic development on the national level, but very few have examined this growth at the local level. Against All Odds was written to bridge that gap. Bessie House Soremekun provides a historical analysis of black entrepreneurship in Cleveland, Ohio, from the early 1800s to the present day. Soremekun's statistical analysis of the factors that contributed to the success of African American businesses in Cleveland is supported by extensive research, and her policy recommendations about how entrepreneurship could be stimulated through public and private programs are thought provoking. In addition, examining historical and current trends of African American entrepreneurship, Soremekun presents brief biographies of several successful entrepreneurs, among them best-selling author George Fraser and internationally acclaimed architect Robert P. Madison. The book also documents the life histories of business owners who have had unsuccessful business experiences, compares black male and female business owners, and offers insights into why some businesses succeed while others fail. Against All
  famous african american business leaders: The Anti-slavery Record , 1838
  famous african american business leaders: The Business Strategy of Booker T. Washington Michael B. Boston, 2012-02-29 A fresh reassessment of one of the most powerful black men in American history. This book will help reshape the prism through which the life, work, strategy, and contributions of Booker T. Washington are examined.--David H. Jackson Jr., author of A Chief Lieutenant of the Tuskegee Machine Although scholars and lay persons alike most often think of Washington as an educator, this impressive text reveals that his business ideas and practices have had a much greater and longer impact on Americans, especially African Americans.--Kenneth Hamilton, Southern Methodist University Michael Boston offers a radical departure from other interpretations of Booker T. Washington by focusing on the latter's business ideas and practices. More specifically, Boston examines Washington as an entrepreneur, spelling out his business philosophy at great length and discussing the influence it had on black America. He analyzes the national and regional economies in which Washington worked and focuses on his advocacy of black business development as the key to economic uplift for African Americans. The result is a revisionist book that responds to the skewed literature on Washington even as it offers a new framework for understanding him. Based upon a deep reading of the Tuskegee archives, it acknowledges Washington not only as a champion of black business development but one who conceived and implemented successful strategies to promote it as well. The Business Strategy of Booker T. Washington makes abundantly clear that Washington was not an accommodationist; it will be required reading for any future discussion of this titan of history. Michael B. Boston is assistant professor at Brockport State College.
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