Forbes Archives

Draya Michele for Forbes 2018 -Talks Business and New Store!

Arianne May 11, 2018May 11, 2018

We love to see images such as these! Business entrepreneur, Draya Michele for Forbes 2018; is a must read for anyone needing a little boss lady inspiration. Draya is one of the hardest working, bonafide hustlers in the industry.

Truly a self-made woman who continues to push forward towards greater success and affluence. Nonetheless, what is the model turned designer up to now? Draya tells Forbes all about her latest venture, a brand new store located in Los Angeles, California!

Draya Michele for Forbes 2018 -Talks Business and New Store

Besides a great story, readers will also be treated to some amazing visuals. The ending result shown on Forbes may be what editorial dreams are made of and then some. However, it did not come about without a few ups and downs. Los Angeles based fashion stylist, Kailani, reveals all. She states,

“Did a fun feature with Draya for Forbes. Thank you to the lovely ladies at SUISTUDIO for their impeccable women’s suiting options!

We did a thing yesterday! We trespassed on unauthorized property. We drove across a wild field. We lost the reflector to the little river… but we got some dope shots. So yeah we did a thing yesterday!”

It certainly takes a village! As Kailani mentions, for the Forbes story Draya rocks various suits by fashion label, SUISTUDIO. However, then Michele infuses some causal fun into her look by wearing kicks with designer suits.

A nice fashion touch that proves that suits do not need to feel or look “stuffy.” To complete her ensemble, Draya and her stylist incorporated shoes by Converse. Fab!

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Lifestyle

Small Business Tips: Top Ten Ways to Be Successful

Arianne SuggsUpdated on March 27, 2018March 27, 2018Leave a Comment

Striking it out on your own can feel scary. However, you should never be afraid to start your own company. Small businesses are flourishing. Did you know: That Forbes estimates that 50% of the working population works in a small business; and 44% of the country’s payroll (US) are from small businesses. Therefore, now is a great time to get in on the small company bounty. Read on to learn small business tips, the top ten ways to be successful!

Small Business Tips: Top Ten Ways to Be Successful

Did you promise yourself to be a new you during the new year? Well now is the time to keep that vow! Never be fearful to branch out and be your own boss. Here’s a few expert tips to get you started:

1. You can’t do it alone, successful businesses include great business relationships so build them well.
2. Focus on providing benefits to your customers, once they see true value in you they will become more invested in your products.
3. Realize that mistakes happen and you will be met with the word “no.” Learn from them and allow it to help you mold a better strategy.
4. Do something you truly enjoy, if YOU don’t even like what you’re doing you will not stick to it.

5. Tackle your toughest projects in the morning when you’re fresh.

6. Be visible, put yourself out there in front of the cameras so a face can be put with your brand.

7. When making goals for your business always remember to be S.M.A.R.T.-Specific, Measurable, Attainable, Relevant, and Time-Bound.

8. Don’t skimp on quality. It best to have less products or less posts online than a whole bunch of spammy looking content.

9. Develop a business plan, doing so will give you more focus and a clearer direction on where you want and need to head.

10. Monitor your peformance; always look at your successes and failures regularly. Allows you to know what you should do more of as well as avoid or change in the future.

Small Business Tips: Using Social Media Marketing Successfully

Social media is great avenue for attracting people to your company and services. However, it can be quite a beast to tackle. Competition is coming from all over the world and now many of these platforms are owned by bigger conglomerates; who in turn make gaining visibility harder because they want you to pay for ads.

Nevertheless, do not let that deter you in any way. Always remember that a little know-how can go a long way. Learning how each platform works can help you decide which ones will be the best for your business.

Moreover, stick to only 2-3 social networks and get proficient at working them. In order to be seen and grow you MUST be consistent. Having too many platforms to post on can cause a small business owner to feel strethed thin and begin to give out from frustration. Do not allow that to be true of you. Here is a super cool graphic developed by Filmora. Created by using a number of reliable sources; it clearly shows how to use each social network platfrom to your advantage through a series of pros and cons.

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Thoughts on Small Business Tips: Top Ten Ways to Be Successful? Well let’s connect then! Join the discussion and talk all things business as well as lifestyle related with us by dropping a comment like its hot down low. Or also hit us up on our Facebook, Instagram (1966mag), Tumblr, Pinterest or tweet us @1966magazine.

Lifestyle

5 Lucrative Industries For Millennial Black Business

Arianne SuggsUpdated on August 17, 2016August 17, 2016Leave a Comment

There has been a lot of talk this year in regards to black business. For instance, Forbes released stats indicating that black women were starting successful companies more than any other race. Quite a feat that is now inspiring other ladies of color to become entrepreneurs.

Also, there has been a major push to dominate and regain industries saturated with black consumers. Such a strategy is simple. Create a black business that serves a ton of black consumers whose support will in turn help to build black wealth in black communities. Sounds like a mouthful but the logic is an equation that will greatly help POC.

The Modern Black Business Strategy

A popular movie saying goes, “If you build it they will come.” Therefore, if you give people something they want or desire then you have gained their support. In business, this translates to more sales and more wealth.

There are several industries that black consumers are not dominating as black business owners. For instance, how many black owned beauty supply stores are there? Most of us WOC complain about going to stores who either do not cater to our various hair types or cannot identify with products that our hair needs in order to be healthy.

What’s even more interesting is that black women spend more money than any other race when it comes to hair. Yet most beauty supply stores are run by other races. This billion dollar industry needs more black business owners. If we are spending the money why not reap the benefits as well?

Two black sisters made headlines this year due to becoming the youngest black beauty supply store owners. It took hard work and dedication. However, they opened the eyes of young black girls that entrepreneurship is a possibility. We champion that thinking and encourage all black women to make it their goal to be their own successful boss lady.

5 Lucrative Industries For Black Business

Are there other industries that future black business owners should focus their attention on? The answer is simple, yes! Check out this quick video that highlights 5 lucrative industries for black business.

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Celebrities

Dr. Dre Becomes First Hip Hop Billionare

Alicia Suggs May 9, 2014May 9, 2014Leave a Comment

Well it looks like Dr. Dre was doing more than ‘being in a lab with a pen and a pad trying to get his label off.’ Dre has had a very successful as well as lucrative career in music since his days in NWA, as a solo artist and introducing the world to such talented musical acts as Snoop Dogg, Kendrick Lamar, 50 Cent, Nate Dogg and Eminem. Dre eventually also found himself on the big screen starring in movies such as Training Day, The Wash and Set It Off.

Then came numerous endorsements deals with Dr. Pepper, Chrysler and Coors Light. Entrepreneurship has always been force behind Dre’s success and was ever apparent when he entered the tech world with his brand of headphones, Beats by Dre. Beats by Dre was an instant selling tons and tons of units in no time flat.

Forbes had already listed the hip hop mogul of having a net worth over 500 million dollars. However, now with Apple’s interest in the Beats by Dre brand Dr. Dre shall officially become the first ever billionaire hip hop star. Apple is set to purchase the brand for a whopping 3.8 billion dollars to add as accessories to their popular IPhone, IPad and IPod devices.