Category: Black Women Entrepreneurs

  • Black Women Entrepreneurs Face Trump-Era Hurdles

    Black women are a powerful force in entrepreneurship, consistently showing resilience and innovation. However, the current economic climate, marked by instability under the Trump administration, is presenting formidable obstacles to their growth and long-term success. Prominent figures like Pinky Cole, founder of Slutty Vegan, and Fawn Weaver, creator of Uncle Nearest Premium Whiskey, are finding themselves restructuring their businesses to safeguard their legacies amidst public scrutiny and high-stakes setbacks.

    Economic Hurdles for Business Owners

    The current economic landscape poses serious challenges for business owners across the board. Unemployment remains a significant concern, with Black Americans facing a disproportionately higher rate of 7.7% compared to the overall rate of 4.4% reported in February. Simultaneously, persistent inflation continues to inflate operating costs, making it increasingly difficult for businesses to maintain profitability.

    Rising prices for goods and services, increased labor expenses, and ongoing supply chain disruptions are forcing many small business owners, about 46% of whom cite inflation as a top concern, to raise their prices while grappling with tighter profit margins. This economic turbulence creates a particularly precarious environment for ventures striving for expansion.

    Pinky Cole’s Journey Through Financial Strain

    Pinky Cole, founder of the popular vegan burger chain Slutty Vegan, recently shared insights into the difficulties following her rapid expansion to 14 locations by 2022, a period coinciding with the pandemic’s peak. This aggressive growth, coupled with soaring operational and overhead costs exacerbated by inflation, led to significant financial strain and a complex legal situation.

    Cole relinquished ownership of the company in February 2025, only to regain control just 43 days later. She filed for Chapter 11 bankruptcy protection in Georgia to restructure over $1.3 million in debt, including substantial amounts owed to the U.S. Small Business Administration and the Georgia Department of Revenue. Cole explained that rapid scaling, without proper positioning of talent, contributed to the business’s pressure.

    Navigating Legal Battles and Regaining Control

    To manage her debts, Cole utilized an Assignment for the Benefit of Creditors (ABC), a process allowing for more efficient liquidation of assets. After regaining ownership, she faced further challenges when a creditor seized her rental property. Despite not owing money on it, the property was locked down due to extended vacancy. Cole ultimately prevailed in court when the creditor failed to appear at a federal bankruptcy hearing, resulting in the property’s return and the creditor being ordered to cover her legal fees.

    This experience, while stressful, provided Cole with valuable lessons about the intricacies of business processes. Her resilience in overcoming these hurdles underscores the determination often required for Black women entrepreneurs, who, despite being the fastest-growing group of entrepreneurs in the U.S., frequently face limited access to capital and legal resources.

    Fawn Weaver’s Fight for Uncle Nearest

    Fawn Weaver, the visionary behind Uncle Nearest Premium Whiskey, is navigating her own set of legal and financial battles. Weaver recently secured a significant victory in her dispute with lender Farm Credit Mid-America, which had accused her and her husband of defaulting on over $108 million in loans. These allegations had led to a court-ordered receivership in 2025.

    However, Weaver announced the receivership’s termination following decisive legal action. She, along with her husband and the company’s largest shareholder, has filed a lawsuit alleging the lender engaged in a smear campaign by spreading false claims about the company’s finances, despite possessing contradictory records. Weaver has assembled a team of ten attorneys to pursue litigation.

    Transparency and Resilience Amidst Adversity

    Like Cole, Weaver also filed for Chapter 11 protection to reorganize debt while safeguarding stakeholders. This process ensures continued operation and allows the company to address legal disputes while pursuing counterclaims. Weaver emphasized that Chapter 11 mandates complete financial transparency, stating, ‘In that courtroom, no one gets to hide behind filings without evidence or accusations without proof.’

    Despite the ongoing legal battles, Uncle Nearest Premium Whiskey continues to thrive, remaining one of the fastest-growing whiskey brands and earning numerous awards. Weaver’s success demonstrates the resilience and determination of Black women entrepreneurs who are not only carving out space at the highest levels of business but are also succeeding despite significant adversity.

    What are your thoughts on the challenges faced by Black women entrepreneurs like Pinky Cole and Fawn Weaver? How can the system better support these vital businesses? Share your insights in the comments below!

  • Black Women Entrepreneurs: Get Paid!

    Did you know Black women are the fastest-growing group of entrepreneurs in the U.S.? That’s incredible! But building businesses often comes with unique hurdles, especially when it comes to getting paid. For Black women entrepreneurs, an unpaid invoice isn’t just an annoyance; it can seriously threaten the stability of their business, especially since many operate with tighter margins and less access to funding.

    The Cost of Ignoring Red Flags

    Sometimes, we ignore those little warning signs. Take the experience of one entrepreneur who agreed to a 120-day payment term with a client, despite her gut telling her otherwise. She delivered everything perfectly, but payment turned into a string of excuses and unanswered calls. After months of chasing, and even involving a debt collector, the money never came. This painful lesson highlighted the critical need for stronger safeguards.

    This situation underscores a vital point: while you might do everything ‘right,’ agreeing to unfavorable payment terms can set you up for failure. It’s a stark reminder that protecting your business means being proactive and not letting common sense take a backseat, even when you’re eager for the work.

    Building Your Financial Fortress: Contracts & Systems

    Legal expert Yaminah Childress, founder of Contractr AI, stresses that robust contracts and clear payment practices are non-negotiable. “Deposits and milestone payments dramatically reduce the risk of nonpayment,” she explains. Linking invoices to payment platforms also creates a crucial paper trail.

    What are the biggest mistakes entrepreneurs make? Often, it’s not having a clear contract in the first place, or failing to clearly outline payment deadlines, late fees, and the scope of work. Childress also advises sending a professional reminder the *day* an invoice is due. Flexibility on payment timing sends the wrong message.

    Essential Contract Components

    • Detailed scope of work
    • Total project price
    • Clear payment deadlines
    • Acceptable payment methods (and who covers fees)
    • Definition of service delivery
    • Information on included revisions

    For larger projects, consider requiring a deposit upfront and structuring payments around key milestones. As Childress notes, “In many industries, full payment before final delivery is standard because once services are delivered, they cannot be taken back.”

    Recovering Payment Without Losing Your Cool (or Clients)

    Even with the best systems, clients might delay payment. Sometimes it’s administrative – they might need to update accounting details or submit a W-9. Starting with polite, professional follow-ups is key. Consistent reminders can often resolve these issues.

    If you hit a wall after about 30 days of unresponsiveness, it’s time to reassess. Prioritize your cash flow and your time. This might mean pausing work or even ending the client relationship. Protecting your business comes first.

    When All Else Fails: Small Claims Court

    If collection attempts don’t work, small claims court is an option. Be aware of the monetary limits (typically $10,000-$15,000, depending on location). Also, check the jurisdiction clause in your contract to understand where disputes will be handled – filing in a distant location can be costly and time-consuming.

    Remember, losing a small claims suit can have consequences, including paying judgments and fees. The process itself can be a significant distraction. However, for some, pursuing legal action sends a clear message that exploiting good faith won’t be tolerated.

    The Bottom Line: Protect Your Business

    For Black women entrepreneurs, every invoice and contract matters immensely. By knowing your rights, implementing strong systems, and knowing when to escalate, you can turn a potential financial disaster into a manageable challenge. Refusing to tolerate unpaid work or extractive relationships is key to building businesses that thrive – businesses that do great work and get paid consistently, on time, and as agreed.

    What strategies have you used to ensure clients pay on time? Share your tips and experiences in the comments below!

  • Hannah Bronfman: Unlearning ‘Likability’ for Business Success

    Ever feel like the wellness world’s advice just doesn’t quite fit your reality? You know, the 5 AM workouts and ice-cold face dips that seem impossible when you’re juggling kids, a career, and, well, life? If that sounds familiar, you’re not alone. Entrepreneur Hannah Bronfman gets it. She’s built a name in wellness, but her current reality as a mom and CEO is a masterclass in adapting self-care and business strategies.

    Redefining Wellness in Real Life

    Hannah’s journey shows that self-care isn’t always about weekly acupuncture sessions or a perfectly pristine home. For her, it now means prioritizing boundaries, even with her children. Sometimes, that means reading just one book at bedtime to carve out precious moments for herself.

    She’s learned that creating a sanctuary at home is deeply connected to our mood and overall well-being. That’s why she’s a big fan of using scent, like Mrs. Meyer’s diffusers, to intentionally shift the atmosphere. Whether it’s a refreshing scent like Rain Water for work or calming lavender for the evening, these small rituals help reset her mindset and turn the end of the day into a deliberate pause, not just another chore.

    The Business of Unlearning ‘Likability’

    Beyond personal wellness, Hannah’s experience on Amazon Prime’s ‘The CEO Club’ has offered a different kind of education. Coming from a background where being likable was often key to career advancement, she’s had to unlearn that instinct in the entrepreneurial world.

    She emphasizes that business is deeply psychological. Unlike the entertainment or talent industries where accommodation might lead to repeat opportunities, entrepreneurship often involves navigating transactional relationships and power dynamics. Understanding this shift has been crucial for her.

    So much of doing business is psychological and I wish I had understood that earlier in my career. — Hannah Bronfman

    This mindset shift allows her to approach business interactions with a clearer perspective, focusing on strategy and impact rather than solely on being perceived as agreeable. It’s about embracing the messy, imperfect reality of building something significant.

    Embracing Imperfection and Authenticity

    Hannah is candid about the fact that her life isn’t always polished. She openly shares that she might not make it to acupuncture every month or that bedtime routines can be chaotic. This authenticity is a core part of her brand, showing that even successful entrepreneurs are navigating the beautiful messiness of life.

    Her approach highlights a powerful truth: true success in business and wellness often comes from embracing who you are, setting firm boundaries, and understanding the psychological landscape of your goals, rather than just striving to be liked. It’s about building a life and a business that are both functional and authentic.

    What’s one thing you’ve had to unlearn to succeed in your career or personal life? Share your experiences in the comments below!

  • 9 Black Women-Owned Brands to Gift This Season

    There’s a special kind of magic in finding fashion pieces that not only look amazing but also carry a story and a purpose. The She Did That. x MadameNoire Holiday Bazaar is all about celebrating those finds! This season, we’re shining a spotlight on incredible brands founded by brilliant Black women, offering everything from cozy essentials to statement accessories that are perfect for gifting (or treating yourself!).

    Brands That Inspire Confidence and Community

    Each brand featured brings a unique vibe – warm, personal, and deeply rooted in the creativity of Black women entrepreneurs. Imagine wrapping yourself in comfort, confidence, and a sense of community with these selections. It’s more than just shopping; it’s about celebrating the brilliance and resilience of these founders.

    1. The Sable Collective

    Founded by Shanti Meyers, The Sable Collective views personal style as a practice of self-regard, creativity, and play. They encourage you to experiment and redefine your style, embracing the art of adornment to become your best self.

    2. Dope Black Women (DBW)

    Blu Ellis’s vision brought Dope Black Woman (DBW) to life – a lifestyle brand celebrating the power and individuality of Black women. DBW offers thoughtfully designed apparel and goods that empower you to express your authentic identity.

    3. Finally Free Brands

    Modupe Congleton created Finally Free for the modern, confident woman. This luxury athletic wear brand offers exclusive drops, bold fits, and timeless pieces rooted in freedom and self-expression.

    4. HARLEM HABERDASHERY

    An extension of 5001 FLAVORS, HARLEM HABERDASHERY creates custom looks for celebrities and stars. They believe dressing well is an expression of success and offer a red-carpet experience for every guest to define their personal style.

    5. BLACK PEOPLE ARE AMERICA’S HOT SAUCE

    Inspired by Verneda Adele White’s award-winning article on systemic racism, this brand offers premium tees, hoodies, and totes. It aims to equip, educate, and empower the community to realize the economic impact of Black creativity and contributions.

    6. Avid Swim

    Avid Swim is a lifestyle swimwear brand committed to sustainability, ethical production, and eco-friendly materials. They offer versatile, timeless styles designed for travel and preserving the planet.

    7. Kaphill

    Founded by Krystal A. Phillips, KAPHILL redefines luxury for women living full lives. The brand curates timeless clothing and immersive experiences that inspire joy, sophistication, and individuality.

    8. Platinum Abundance

    Akia Valentine created Platinum Abundance out of a need for activewear that adapts to women’s evolving bodies. The brand reminds women that strength is fluid and beauty is resilient, offering pieces that flex with you.

    9. ROAM LOUD

    Toyin Omisore founded ROAM LOUD to center brown skin and support women’s health and wellness journeys. The brand offers premium pieces that celebrate individuality and encourage living a life of freedom on your own terms.

    These brands are more than just clothing; they represent empowerment, self-expression, and a celebration of Black women’s creativity. Whether you’re looking for a special holiday gift or a treat for yourself, exploring these collections is a wonderful way to support inspiring entrepreneurs.

    Which of these incredible Black women-owned brands are you most excited to shop for this holiday season? Let us know in the comments below!