Danielle Douglas: Five Tips to Survive and Thrive in this Economy

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What is Your Business Model? There is a saying that if you continue to do the same things the same way and expect a different result, that is the definition of insanity. There was an article, Business Models for Industries in Crisis, that discussed how five industries must change the way they do business if they […]

A New Way to Make Sure You Get Your Money Right

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Unless you’re Warren Buffett, there’s probably something else you could be doing to better manage your money (and he may not get a pass either!).  I know I am guilty of not being as diligent as I should be when it comes to keeping track of spending, staying on a budget, and a whole host […]

George Fraser: Networking Your Way to Success

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When networking for a new position, it is important to start with a comprehensive list of everyone in your desired field. For example if you’re Black, think of Blacks first, because of the cultural and sociological connection, but don’t limit it to any one group. Use professional directories, newspaper clippings and specialized publications for leads […]

MC Hammer Now Giving Advice to Minority Owned Businesses

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By JasmineHughes MC Hammer, more uncommonly known as Stanley Burrell, is  getting back to business as he is set to take part in a new mentoring program for minority-led start-up businesses. As part of the New Media Entrepreneurship accelerator program in Silicon Valley, Hammer, will be advising seven minority-run businesses from across the country. The […]

The Spendaholic’s Guide to Managing Your Money, Part II

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by Dr. Boyce Watkins We’ve been hitting up the Spendaholic’s Guide to Managing your Money here on NewsOne.com.  In part I of the series, we started the conversation regarding how to budget your money.  I am currently shooting a financial planning series for MSNBC, so this topic is heavy on my mind these days.   One thing […]

The Spendaholic’s Guide to Managing Your Money, Part 1

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by Dr. Boyce Watkins, Your Black World Budgeting is a very personalized process, but also a necessary one. If you do not have a budget, then it is very difficult to control your spending. Personally, I am a recovering spendaholic myself. I would get money in my pocket, go on a binge and after blacking […]

Meet the Founder of Carol’s Daughter

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As a child, Lisa Price loved fragrances. She found a way to create her own, blending different perfume oils. Over the years Price created oils and creams in her home as a hobby. In 1993 her mother, Carol, suggested she sell her body creams at a church flea market. They nearly sold out. “I invested […]

Black Economic Gains Wiped Out During “The Great Recession”

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Your Black World. Before the recession hit in 2008, millions of African Americans had found their way out of poverty and into the middle class.  After the recession, many of them have been knocked right back to where they came from.  Black unemployment stands at a staggering 16.2 percent after the latest economic report, and […]

William “Little Willie” Lloyd: First Prominent Black Venture Capitalist Dies

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by Ayvaunn Penn, Your Black World Baltimore’s very first prominent black venture capitalist died last week at the age of 97. William Lloyd “Little Willie” Adams had been battling pneumonia in his last days. During his lifetime, he used his business smarts to move from number running to becoming the number one lender for black entrepreneurs […]

Ryan Mack: When He Comes to You for Money, Tell Ray-Ray to Get a Job

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Written By Ryan Mack, President of Optimum Capital Management, LLC Too many times in family communities across the country those who have become comparatively financially successful are unknowingly volunteered to become the “universal provider” within their family circle. I should stress the word “comparatively” because many times those who are MORE successful within a family […]

Dr. Boyce Video: Not Letting the Power of Money Control You

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by Dr. Boyce Watkins As a Finance Professor, I’ve spent a lot of time thinking about and learning the power of money.  I began studying money in college because I never had very much growing up.  My parents worked hard to provide a good living and experienced social mobility through time, but we were definitely […]

The Economic Recovery Has Hit the Wealthy, Missed Workers and the Poor

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Your Black World reports.  ‘The last recession ended two years ago, according to economists.  But experts are now claiming that this has been arguably the most lopsided economic recovery in history.   Typically, people of all economic backgrounds benefit during a recovery, but this was not the case most recently.  Regular Americans are struggling to […]

How to Sell Your Home in a Tough Market

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Welcome to the toughest selling conditions in years. The bright side of selling a home in a down market is you get to seek your own bargain if you’re going to buy after you’re done. Closing a sale, however, can be teeth-grindingly slow if you don’t do everything right — and maybe even if you […]

$100 Million Dollar ATM Receipt Found in the Hamptons

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Have you checked your ATM balance lately?  Well, if you had one like this, you’d be a happy camper.  Dealbreaker.com posted a receipt from an ATM withdrawal that showed the holder of the account to have nearly $100 million in his savings.  Well, not quite $100 million; it was actually $99,864,731.94.  But what’s a few […]

Danielle Douglas: How to do Business with a Fortune 500 Company

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We can either talk about how opportunities are not being handed to us or we can discuss how to take advantage of the opportunities that are being given?   As a small business owner, I want to be part of a dialogue about how money can be made NOT about how I am being hindered from […]

Danielle Douglas: You Will Never Accidentally Own Your Own Business

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Some bad news! The unemployment rate continues to plague us. African Americans have been the hardest hit with unemployment. According to a survey that was done by Dr. Boyce Watkins, 38% of you have experienced a lay off in the past three years. If you haven’t personally experienced a lay off, you know a friend or […]

Heiress Leaves $40 million to her African American Nurse

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by Dr. Boyce Watkins. I added in some info on this one, but not too much – I don’t want to go over the limit specs.  Let me know if this works: It appears that Heiress Huguette Clark knows who her friends are.  The 104-year old woman, whose family had earned a fortune in the copper […]

Now There’s an Official Term for Discriminating Against Black Businesses

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by Ayvaunn Penn, Your Black World There is actually a business term for companies refusing to associate, acknowledge, or do business with a black organization. Indeed, the day has arrived, and it is woefully mournful. Practically everyday there has been some new article on the plight of  the black man lagging behind in education and suffering greater losses […]

Dr. Boyce: The Destructive Gap Between Rich and Poor Keeps Growing

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A recent article discussed the life of Kenneth J. Douglas, former CEO of Dean Foods. In the 1970s, Dean made the equivalent of $1 million dollars per year, and lived a nice lifestyle. He had a four bedroom home, joined a country club and had a Cadillac given to him by the company. Life was good, but somewhat normal. This was […]

Rush Card Under Investigation for Economic Crimes against Consumers

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Kevin Adams , Your Black World Reports The Florida Attorney General’s Office has issued subpoenas against five prepaid debit card companies claiming they may be forcing consumers to pay hidden fees each time they make a purchase. Subpeonas were issued against five prepaid card companies including the makers of the RushCard, a company owned by Def […]

Rapper Jersey Demic Records a Song about the Great Black Depression

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A young rapper by the name of Jersey Demic sent his video to the Your Black World inbox (info@yourblackworld.com) in which the artist expresses his sentiments about the Great Black Depression that has occurred over the last three years.  According to a recent Your Black World Survey, 38% of our respondents said that they lost […]