Description
For too long there were few ‘blueprints’ for younger women entrepreneurs – particularly African-American women entrepreneurs–to follow. Whilst women are starting businesses in unprecedented numbers, many African-Americans are first-generation entrepreneurs, and there were few role models for them to emulate and learn from.
The affect of African-American women in business is undeniable. Consistent with the 2014 State of Women-Owned Businesses Report commissioned by American Express OPEN, Whilst firms owned by women of color are smaller than non-minority women-owned businesses, their growth in numbers and economic clout is in most cases far outpacing that of other women-owned entities. Businesses owned by African-American women led that growth, up 296% from 1997 to 2014, generating nearly $50 billion in revenue. It’s, in a sense, a second Black Renaissance, creating what we adore to name the ’50 Billion Dollar Boss.’
African-American women continue to excel and shape society across industries. This book highlights a number of African American women entrepreneurs and leaders, recognizes them for their business acumen, examines how they creatively solved business challenges and identified opportunities to grow and sustain their businesses.