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David Cabello has made history by creating that which wasn’t in existence.
Cabello and his twin brother Aaron spent only three semesters at Shippensburg University before they quit school following Donald Trump’s election as president of America. The twin who hails from Bristol Borough in Pennsylvania shifted base to Philadelphia after doing thorough research on how they can make a change to the black community.

The twins co-founded the first Black-owned food delivery service in Philadelphia which they named Black and Mobile. The company accepts the Black community by only delivering food for Black-owned restaurants.

David explained that he decided to start the company when he realized he was making good money as a delivery guy for Uber Eats, Postmates, and Caviar and that there was no Black-owned delivery company. He also stated that for now they only offer their customers delivery from restaurants that do Jamaican, soul and vegan food, but hopes to add more African and Haitian soon.

For David, the major challenge for their business is that Black-owned restaurants don’t trust him even though his price is lesser compared to do competitors. He added that they would rather not have a delivery service than to partner with him.

According to reports, Lionel Richie has launched his first his-and-her collection of fragrances called Hello by Lionel Richie.

The Eau de Parfum version of Hello by Lionel Richie is a classy and sensual fruity-chypre fragrance with floral and oriental nuances. While the Eau de Toilette version is a Luscious and scintillating fougère scent with warm amber tones. The available sizes for both fragrances are 30ml, 50ml and 100ml, with a price range of $36 to $59.

The fragrance collection was named after one of Lionel’s most famous love ballads, “Hello,” which was his third single from the album Can’t Slow Down (1983). After the song was released in 1984, it hit number one spot on three different Billboard music charts: the pop chart, it maintained number one spot there for two weeks, it retained the top spot for three weeks on the R&B chart, and six weeks on the adult contemporary chart.

Richie started as the lead singer of the Commodores, went on to pursue a solo career after leaving the group. In his later career, he sold more than 90 million records worldwide and won Grammy Award for Album of the year for Can’t Slow Down, Producer of the Year 1985 (Non-Classical), 1983 Best Male Pop Vocal Performance for “Truly.”

There is a new shared workspace and incubator at 300 Martin Luther King Blvd., Wilmington. The coworking space is called Win Factory, and it has a slogan “When one wins, we all win.”

Win Factory houses the Win Factory Wealth League (WFWL), which commenced its operation at CoIN Loft coworking space that is no longer inexistent. The founders of WFWL, led by Tamara Varella have tried in the past one year to create a society that provides support, ideas and expertise to create a level playing ground for black entrepreneurs who doesn’t have adequate representation.

The new coworking space used to be the office of Delaware 87ers and was also used as a slaughterhouse before then. This is the first of its kind in Wilmington which is owned by black black entrepreneurs. Though the new space isn’t meant for just black black entrepreneurs, the goal is to have a community of equal support for black entrepreneurs who are not privileged to have inherited wealth and connection to influential persons.

Varella is the founder of the Manifest Business Consultants, which has been in operation for two decades and recently anchored WFWL seminar on “Black Tax,” i.e. the money which black black entrepreneurs/professionals usually give back to assist heir families, hence making them unable to build wealth for their next generation. The program which holds weekly invites experts from Delaware and beyond to the program. This is one of the benefits of WFWL.

Other benefits that members will enjoy from 2020 include a crowdfunding session with Pedro Moore. With this, black entrepreneurs can showcase their business plans to the various investors and community members. There will also be a tour of GGA Construction work to be anchored by the company’s president Lorri Grayson.

The six founders of Win Factory are – Pynk Print founder Linda Watson, Malcolm Coley, Kenyon Wilson, Newdy Felton of Influencers Lab Media, Alfred Campbell and Varella. They comprise a group of black entrepreneurs who has what it takes to assist upcoming black entrepreneurs to raise funds, design or do social media marketing. Fifteen businesses have currently joined the coworking space, and there is still space to accommodate more business owner who needs a personal work table. Soon they will unveil a common workplace.

The opening ceremony was held on Dec. 3, and the Mayor was in attendance as well as other guests.

A black black entrepreneur, Elliott Eddie, who won more than five state and two international public speaking awards have invented a board game that will teach children and adults how to begin and run a successful business from the solace of their house. The game is called The Entrepreneur Game and created by Elliot’s company EEspeaks.

Elliot, who runs over five thriving black companies, has put all his experience and passion from public speaking, teaching, and black entrepreneurship in a board game. He hopes it will broaden the knowledge and trust of anyone who would plan to be the top player in the industry, especially those in underserved and abandoned communities.

The brilliant invention by Elliot has attracted the attention of many persons all over the globe. In September 2018, Elliot took the idea to crowd funding on Kickstarter, and in less than five hours, The Entrepreneur Game had been fully funded. Within two and a half week of being on the crowd funding platform, the amount raised for the game was like three times the estimated budget from more than 350 people from 8 different countries. Toys R Us in Canada is also about to procure the French version of the game for its 180 stores.

The game is developed for persons between the ages of 12 and above. The game is fun, interactive and educative. The game can be played with 2-6 players and require you to start your home-based business, run and develop it into an empire by budgeting, investing, marketing, deals negotiation and decision making all in a bid to avoid bankruptcy.

For every game, you play the scenarios and challenges are different, so you can play as much as possible to sharpen your skills and become a successful business person. At the end of the game, the person with the highest cash and non-cash assets wins. When you become a millionaire, every other person will say your name and also say; “You are an incredible black entrepreneur, please teach me your wisdom.

A black-owned consulting firm that is focused on providing easy to access services for small businesses in the U.S., Madison Brothers Consulting is celebrating it’s one decade (10-years) of supporting the growth of small businesses.

Madison Brothers Consulting is based in Houston, and they offer services ranging from human resources, accounting, and finance, information technology, sales, and tax support temporarily or month-month. Their services are specifically designed to help business owners to relax in their black entrepreneurial journey. The company has its personalized inexpensive virtual CFO services that can enable businesses to outsource their accounting needs, financial reporting, financial management service, and tax compliance on a day-to-day, annual period as the case may be. The services could have otherwise cost a business up to $200,000 if they were to hire permanently.

According to the U.S. Bureau of Labor Statistics, about 20% of small businesses fail in their first year, while only around 35% last beyond a decade. Despite the reports above, the Managing Principal of Madison Brothers Consulting, Nicole Michelle, has coached over 250 female black entrepreneurs to earning six-figure, and she is on the path of inspiring 25 clients to become seven-figure earners within the next five years.

Michelle is a Certified Public Accountant (CPA), a member of the Texas State Society of Certified Public Accountants and the American Institute of Certified Public Accountants with over 25 years of experience in the field. She is also an author, a certified public speaker, and a teacher with the John Maxwell Team, an institute that assists clients in creating and achieving their financial goals. Her excellent performance in the consulting industry ranges from startups to businesses with over $500 million in revenue.

On the 23rd of November 2019, the door to L&L Beauty Supply opened for business on 310, Reily Street, Harrisburg. According to the founders, it is the first beauty supply store in Harrisburg owned by blacks.

The owners of the shops are Lynnae Armstrong, her husband Leroy Armstrong, and her mother, Anita Holmes. The setting up of the shop was fast, as the team only started putting the shop in order in September.

Armstrong revealed her readiness to collaborate with other small businesses to develop new business in the community by assisting other black-American black entrepreneurs.

The owners of L&L Beauty Salon are working on producing a documentary show about black-owned businesses.
Lynnae Armstrong is working on gathering money that will help see her through trade school education in the future.

Tina Williams is an Ex personal banker at J.P. Morgan Chase and Fifth Third Bank. She is the founder of QT Business Solutions, a company that helps Detroit based business to get the finance they need. She has a firm conviction that funds and cash flow are the focal points of business. Her experience in the bank also adds up to her knowledge of how vital smooth and continuous availability of funds means to small businesses.

Reports have it that she recently helped a local black-owned salon (The living room hair lounge) to secure a fund of $35,000; this is the smallest of it. She has also assisted; a local art gallery access $60,000, a woman-owned transport company gets $60,000, a local restaurant gets $138,000, and a local co-working space gets $450,000 in funding.

Most of the famous black entrepreneurs of the Metro Detroit area are clients to QT Business Solutions. The company has grown mainly by referrals because she diligently prepares her clients on how to get financing before they meet with investors or loan officers.

Aside from providing funding assistance, she also gives business startup lectures and training on how an black entrepreneur can draft an excellent business plan.

She is working towards making her services available to businesses beyond the Detroit environment. She is also planning to make her company become a national business trainer and technical assistance for startup businesses and thriving small businesses that are aspiring to become multi-million and billion-dollar companies. She is eyeing cities thriving black entrepreneurial environment.

To get more information or book a free consultation, go to the QT Business Solution website.

K. Neal Truck and Bus Center is one of the two black-owned truck and bus suppliers in the U.S. The Company was recognized last week by the Senate Committee on Small Business & Entrepreneurship as the Senate Small Business of the Week. The announcement was made by the Ranking Member of the Committee, Ben Cardin (D-Md), on Nov. 14, 2019.

K. Neal Truck and Bus Center is located in Hyattsville, Maryland, and it specializes in supplying commercial buses and trucks for the Washington D.C. area. It was ranked 35th in the Black Enterprise 2019 BE 100s list, having gathered a revenue of $103.5 Million. The B.E. 100s list is an annual ranking of the top black-owned business in America.

The Senate Committee on Small Business & Entrepreneurship supervises proposed legislation on matters concerning the administration of small businesses and investigates all issues affecting small businesses in the U.S. The total number of small businesses is estimated at 30 million.

Cardin explained that the company was given the award because after he paid a visit to the company, he discovered that the company has always been investing in the Prince George County community by training workers from underprivileged society to become diesel technicians. The company also come up with policies to help formerly incarcerated persons to get jobs (banned the box). He also added that the company has open a new well-equipped headquarter in Prince George’s County and aim to make to make a revenue of $100 million. The company has less than 100 employees, and the president of the company is Korey Neal while his father Stephen Neal is the chairman and CEO.

The company has won several awards and recognition under the leadership of Korey. They won the 2019 Emerging Leaders & Influencers Award by the U.S. Black Chambers of Commerce, 2018 Top 100 MBE winner by the Capital Region Minority Supplier Development Council, and also recognized in Washington Business Journal’s 2019 Family-Owned Business Awards. The 29-year president of the company was also named 2019 Millennial Entrepreneur of the year by Prince George’s Chamber of Commerce

The 30-year-old quarterback of Carolina Panthers, Cam Newton is taking is black entrepreneurial zeal to a new level with the launch of his travel bag. Though he hasn’t had playing time this season due to injury, the NFL star has undoubtedly not been idle. Newton is a creative and equity partner with Vinta Supply Co, a brand that focuses on premium travel accessories. The first product he launched was the limited edition backpack, TYPE –II C1N is now on sale for $250. You can preorder the item on the Vinta website. The stylish quarterback disclosed this last week via his Twitter handle.

Vinta Supply Co. was established by graphic designer, photographer, and animator Victor Soto in New York in 2015. The company’s partnership with Larsen has made it move from producing just a backpack line to having a range of quality travel product that suits not only photographers but all fashion-conscious travelers and commuters who go out with cables, technical equipment, and devices.

Douglas Larsen, lead designer and co-founder of Vinta, explained how Newton met with them and became an investor and creative partner of Vinta. He said, “Cam bought one of our bags, saw all the compartments, and said he wanted to be involved with us.”
Larsen told WWD that upon production of the new bag, they had to meet Newton in Atlanta during the off-season, and he told them the bag needed to be more functional; hence, more details were included while maintaining the stylish tone of the bag.

https://twitter.com/CameronNewton/status/1194279022076792834

The Millionaire Mastermind Academy is one of the top non-profit organizations in the country; dedicated to supporting and growing women-owned businesses and education. The Academy will host its first annual Millionaire Mastermind Entrepreneur Summit and Award on December 16 in Atlanta. Summit offers companies, organizations, and government parastatals the opportunity to connect with more than 500 business owners and prospective black entrepreneurs. It also aims to give those black entrepreneurs the avenue to network and learn from the top business persons in different industries. In the course of the event, a startup fund of $10,000 will be won by a prospective black entrepreneur who submits the most detailed business pitch in the first edition of the Pitch Competition organized by Millionaire Mastermind.

The summit will feature the top players of business, government, entertainment and philanthropic non-conformists, including Nancy Flake Johnson, CEO of the Atlanta Urban League; Dr. Julianne Malveaux, a leading economist, teacher and black entrepreneur; Earnest Pugh, black entrepreneur and national recording artist; Nicole Durio, Madison Brothers, Consulting Group; Catherine B. Horgan, CEO Brand Aspirations; comedian and talk show host Kiana Dancie and many others.

The event will take place at Atlanta Hyatt Regency, 265 Peachtree NE. The program will kick off with registration at 8 a.m. Also, parts of the awards luncheon will include workshops and seminars in small-groups, throughout the day, which will tackle informative topics such as access to capital/Financial Education, community reinvestment: public/private partnerships and contracting opportunities with government bodies and more.
Another vital aspect of the summit is the HBCU Start-up Lab, which will be moderated by Dr. Malveaux, the goal of this session is to educate, attract, guide and develop students who show talent and desire to become successful black entrepreneurs but lack the knowledge on how to start.

Already the Mastermind Millionaire Academy has been able to connect with 4,600 women and has helped 25 of them start their now-thriving business. The Academy sees this feat as transformative.