Black entrepreneurs

Black entrepreneurs

The last couple of decades saw the rise of many admirable black men and women who were able to break away from the unfair nuances associated with their ethnicity. The demeaning black attributes came from the prejudiced perceptions of some people who proved to be the ones that are ignorant and uneducated because of their shallow categorization of human beings based on their color.

The truth is, African-Americans are a large contributor of America's history and success as a nation. Thanks to many talented black men and women, the recent history of black people are now being rewritten, rich with success stories and amazing tales of determination, perseverance and ethnic pride. Such stars as Pulitzer prize-winning novelist Toni Morrison, media mogul Oprah Winfrey, Senator Edward W. Brooke, poet Maya Angelou, golf champion Tiger Woods, NBA superstar Michael Jordan, and Academy Award winner Halle Berry are just a few of admirable black personalities who enriched recent black history with their achievements.

A field of endeavor where black men and women naturally shine is in the field of business. In the 2002 report Preliminary Estimates of Business Ownership by Gender and Race, about 1.2 million businesses are owned by blacks (a 45% increase against the 1997 data), with total earning receipts of $92.7 billion (a 30% increase from 1997).

Amazing entrepreneurial and business stories were headlined by brave and industrious men and women of African-American origins. They include Booker T. Washington, born as slave and broke away from that bondage and went on to establish the National Negro Business League; Paul Cuffe, a well-respected New England shipper in the 18th century; George E. Johnson, owner of Ultra-Sheen hair products, the first black company to be listed in the stock exchange; H.C. Hayes, inventor of the razor strop in 1899; and Wally Amos, president of the Famous Amos Chocolate Chip Cookie Company.

Their success, as well as that of their younger counterparts today proved that Black is a race of powerful, talented and good-hearted people who inspire and help not only their communities but the whole world.

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