Business and Finance
Lynn Hobson Helps Entrepreneurs with Money Lynn & Friends
The pleasure of giving back has not gone unnoticed by entrepreneur Lynn Hobson, who has been involved within the entertainment industry since 1995, when she worked for influential publicist Terrie Williams. While constructing her resume working with Eddie Murphy and Boyz II Men, she became the director of publicity for Untertainment Records. At the label, she worked with Lil Kim, Junior M.A.F.I.A. and Cam’Ron before embarking on her entrepreneurial journey in 1998, when she launched her own company.
Her client list is long over time. She became a broadcast writer in 2015 when she released her book, and hasn’t stopped working since then.
Her latest enterprise, ““Money Lynn and Friends” is a platform that encourages other entrepreneurs to fulfill up. Since 95% of those businesses are run by women, it has develop into a haven for ladies entrepreneurs to have an inclusive and supportive environment.
This unit has develop into a pop-up shop and exhibit that provides entrepreneurs a dynamic space to market, promote, showcase and sell their products. With different themes and goals all year long, minority businesses can network with peers and be supported by individuals who look and think like them.
BLACK ENTREPRENEURSHIP I spoke with Money Lynn in regards to the purpose of Money Lynn & Friends and her contribution to helping other entrepreneurs reach their businesses.
You’ve been involved within the entertainment industry for a number of years now and throughout that point you’ve done things for the community which have helped empower them. Why did you are feeling that was vital and the way did you help others with that mindset?
From the very starting of my profession in entertainment, I actually have recognized the impact that media and public relations can have on individuals and communities. It was vital to me to make use of my platform not only to entertain, but in addition to empower and uplift those around me. I imagine that once we put money into our communities, we create a domino effect of positive change and opportunity. Through initiatives like Money Lynn & Friends, I actually have been in a position to mentor young talent, provide resources and opportunities for connections, and create platforms for voices which will otherwise go unheard. By sharing my knowledge and connections, I hope to encourage others to follow their passions and provides back to their communities to foster a culture of support and empowerment.
You also concentrate on helping women entrepreneurs, especially minority-owned businesses, through your “Money Lynn & Friends.” When did you begin this initiative and what are your goals?
Money Lynn & Friends was born out of a desire to create a supportive and empowering network for ladies entrepreneurs, especially those from minority backgrounds. I began this initiative in 2020 after recognizing the unique challenges women and minorities often face within the business world. My goal is to supply them with the tools, resources, and connections they should thrive. This includes every part from workshops and mentoring programs to networking events and funding opportunities. Ultimately, my goal is to create a community where Black and Brown women entrepreneurs can share their experiences, learn from one another, and construct successful, sustainable businesses.
How do you and your organization help those you patronize, and what does it mean to incorporate certain individuals and corporations within the events you organize?
At Money Lynn & Friends, we take a holistic approach to supporting those under our umbrella. This includes providing tailored advice, strategic PR and marketing services, and creating exposure opportunities through events and media coverage. When choosing individuals and businesses to be featured in our events, we glance for individuals who not only have a compelling story or progressive business model, but in addition exhibit a commitment to the community and a desire to support and uplift others. Our goal is to create a various and dynamic mixture of attendees who can learn from and be inspired by one another.
Through your efforts, you could have organized several panels with entrepreneurs and successful business people. How do you choose what can be presented at your events and what goes into planning?
Deciding what to present at our events requires a mixture of market research, community feedback, and current industry trends. Our goal is to handle essentially the most pressing issues and opportunities facing our audiences at any given moment. Planning an event requires meticulous attention to detail, from securing the precise venue and speakers to marketing the event and ensuring a seamless experience for attendees. We also prioritize inclusivity and variety, ensuring that our panels and discussions represent a wide selection of perspectives and experiences. Collaborating with industry experts and influencers is essential to delivering priceless content that resonates with our audiences. Keeping my finger on the heartbeat of hot trends affecting Black and Brown people is incredibly vital to me.
What advice would you give to someone who wants to start out and/or revitalize their business? What would you suggest to someone who desires to grow through their passion for what they wish to do?
For anyone seeking to start or revitalize their business, my advice is to remain true to your passion but be strategic in your approach. Understand your market, know your audience and consistently seek feedback to refine your offering. Networking is essential – surround yourself with mentors, peers and colleagues who can provide support and guidance. For those seeking to grow with your passion, it’s vital to stay flexible. The journey could have its challenges, but keeping a transparent vision and being open to learning and growing will pave the best way for achievement. Also, remember why you began and let that guide you thru the ups and downs. Passion combined with perseverance is a robust force and most significantly, put GOD first in every part you do.