Download e-book for iPad: Against All Odds: Ten Entrepreneurs Who Followed Their by Wendy Harris, Wendy Beech

By Wendy Harris, Wendy Beech

ISBN-10: 0471374725

ISBN-13: 9780471374725

ISBN-10: 0471436895

ISBN-13: 9780471436898

Examine and be encouraged by way of the attention-grabbing real tales in the back of 10 major lighting in black company this present day . . . whereas she won’t percentage the formulation for her world-renowned sizzling sauces, Vivian Gibson, CEO of The MillCreek corporation, is joyful to impart her recipe for reworking a keenness for cooking right into a multimillion-dollar company. He went from napping in vital Park to heading an important movie creation and syndication corporation. Get the main points on how Frank Mercado-Valdes’s love of vintage black movies resulted in the production of the African history community. At in simple terms 34 years previous, Alonzo Washington is head of his personal comedian ebook publishing empire. learn how this dedicated political activist used his genius for cartooning to advertise minority reasons and make a fortune doing it. realize the compelling actual tales of ways those and 7 different African-American women and men beat the chances to turn into a few of today’s so much profitable black entrepreneurs.In a chain of intimate profiles, journalist/author Wendy Harris info the trails they traveled, the stumbling blocks they overcame, and the $64000 classes they realized alongside the way in which approximately what it takes to reach company.

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Extra info for Against All Odds: Ten Entrepreneurs Who Followed Their Hearts and Found Success (Black Enterprise Series)

Sample text

The newly formed duo submitted their f inancing package to Allied Capital through the SBA’s 7(a) Guaranteed Loan Program. The loan was approved, and Booker and Dr. Morency moved to the closing procedures. For four and a half hours, the two sat behind closed doors and signed documents for a deal that they thought was done. Then Booker got a call from a SBA off icial. It was a call that she won’t soon forget. It was from Bill Love, with the SBA. I’ve never met him, but I will never forget that name.

For us, that was a learning experience because we had not been operating in the status quo of the hospitality industry. We didn’t go to the top-notch restaurant schools or get the right degrees. For the most part, we learned on the job so we had to be open to change in order to satisfy our desire to expand the business, and we were. But as a result of that change, the project was delayed. They had planned to open in June 1996, in time for the Summer Olympics, which were held in Atlanta that year.

When we reopened the restaurant the Monday af ter the grand opening, we had it operating at full blast and our systems were still not in place—at least not well enough to handle the crowds of people that came. We got clobbered. My mother called me and said, “Kenneth, get your butt back down here and bring Mike and Evelyn [employees at the Harlem location]” because she was throwing food out lef t and right. We had poor quality food and poor service. And it hurt us because there was this big major demand to come and see what Sylvia’s was all about, and we really weren’t ready.

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Against All Odds: Ten Entrepreneurs Who Followed Their Hearts and Found Success (Black Enterprise Series) by Wendy Harris, Wendy Beech

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