Business and Finance
From pillar to post is now a family affair –
Initially, Jacqueline collects he had plans to launch it and run it From pillar to post franchise in Brooklyn, New York, with my husband, as we shared in our first BLACK ENTREPRENEURSHIP Gathers profile within the 2018 article Pillar To Post Franchisee Carries On Legacy After Losing Her Husband. Six years later, Gathers revived the dream of the family business, taking her son, Tim Gathers, together with her. TO BE We spoke with Gathers to learn more about how the choice got here about and what impact it had on the corporate.
(Black Enterprise) In our previous interview, you discussed your plan to run the Pillar to Post franchise along with your husband, who unexpectedly passed away. When and why did you select to bring your son into the business?
(Jacqueline collects) It just made sense. Tim had seen me start the business and when he decided he was unsure about his profession path, I invited him to get his license and join the corporate while he found out what he wanted to do. He discovered that he enjoyed inspecting homes and the feedback from his clients was overwhelmingly positive! He also discovered that he enjoyed working along with his hands, which made bringing him in the corporate the right decision for him and the corporate.
(TO BE) How did running a business change once you had a son, and what advice would you give to parents wondering whether bringing their children into the business is the suitable idea?
(Folds) My son is a Gen Z, and their mindset is very different than the Baby Boomers. He has initiated some specific changes in the corporate that I initially disagreed with, but they appear to be making a big difference. His use and implementation of technology has been useful to us. Tim is very intelligent and is already helping shape the corporate for the longer term. Now he is taking the initiative to start conversations about ideas and technologies that he thinks we should always implement in our industry. Before, he would just take instructions from me and let me lead. It is a joy to watch him grow in the corporate, but I’m also happy with my son.
When considering hiring your child for a job, it needs to be a alternative, not a mandate. Choosing a profession needs to be something they enjoy, not an obligation.
(TO BE) We talk a lot about family legacy and generational wealth. Is there anything you do or steps you’re taking to ensure your corporation lasts for generations? If so, what?
(Folds) We need a reliable team to help us run the business. We have spent a lot of time training inspectors to perform inspections to the high standard expected of Pillar To Post. Ultimately, when Tim steps away from conducting inspections, we could have reliable individuals who will meet the necessities of the business. Tim is starting to learn the business side of the franchise in order that when the time comes, he can take a leading role in managing and developing the business.
(TO BE) As a black woman in an industry dominated by white men, what challenges have you ever faced and the way have you ever overcome them? Do you are feeling that clients are more open to your son?
It wasn’t easy. Most of the inspectors didn’t appear like me. I had a hard time convincing people who I knew what I used to be doing. But I used to be good at it, so I kept it consistent. Eventually, I began constructing trust with the actual estate agents in the world and I saw them repeating properties with me. Then, those repeaters began recommending my services to other real estate agents, and my clients began recommending me as well. I expanded my territory greater than I could have before, and at every turn, I built relationships locally and helped not only provide quality inspections, but additionally educate the community about home ownership and constructing wealth within the black community. I’m a member of the Brooklyn Chapter of the National Association of Real Estate Brokers (NAREB) and currently the Second Vice President of the Bedford Stuyvesant Real Estate Board, Brooklyn Chapter. NAREB’s platform is to increase the variety of black homeowners across the United States. I help by educating first-time home buyers concerning the importance of the house inspection component of shopping for a home. Especially those coming off the pandemic and my son’s age who may not know in the event that they may even buy a home. I also mentor people enthusiastic about becoming home inspectors.
(Folds) When my son shows up for an inspection, they do not blink a watch. They seem to be more friendly towards him and have began asking him questions and approaching him as a substitute of just following me around and watching me. There is room for me to proceed to change people’s perspectives as an inspector. But that did not stop me before. I’m glad that my son is respected because he grew up within the industry, but there is still more for me to do as a black woman in the house inspection field.
(TO BE) Do you think that you can have built such a successful business as an independent? In other words, what was it about franchising that led to your success?
(Folds) Franchising is a piece of cake for my part. I did not have to create a logo, provide you with colours, construct a website, create marketing materials, etc. I just had to concentrate on inspections and targeting my clients. Plus I even have a whole management team that I can call on for advice and guidance on any unique situations that inspections may bring up. I still talk to my Regional Director once a month about any issues I could have. He is at all times available if I want to pull him aside for my monthly call if I even have any concerns or issues. That in itself is priceless!
Business and Finance
First black lottery operator
In a city that pulls thousands and thousands of individuals all over the world, Emmanuel Bailey’s success story began in Washington. He began from humble beginnings, growing up with a single mother and moving from rental to rental throughout town and the Washington, D.C., metropolitan area for many of his childhood. At the peak of the drug epidemic, he saw his hometown affected by crime and poverty, and when he returned from college, his town was considered the murder capital of the country. Yet despite these adversities, he all the time worked hard and looked to a brighter future – a super his mother instilled in him since he was a small child.
As Bailey began his journey to a brighter future, he realized that to achieve success, he needed to pursue a university education. Through these pursuits, he became the primary member of his family to attend and graduate from college. He enrolled at Eastern Kentucky University, earning a bachelor’s degree in business administration. While at EKU, he set out to realize the high level of success his mother expected of him in all areas. After graduating from EKU, he obtained an Executive MBA from the Business School. Robert H. Smith on the University of Maryland.
Emmanuel achieved early success within the financial sector. Over the following 25 years, he rose through the ranks, starting as a branch manager at Citizens Bank of Maryland and ending with vice chairman of Fannie Mae. These roles provided him with invaluable experience as a seasoned entrepreneur and leader. After all the pieces he had achieved at Fannie Mae, it was time to strike out on his own.
Seeing the potential within the lottery industry, Emmanuel founded an operations and management services company to run lotteries more efficiently and effectively. Key service providers (VSC) has management experience in all facets of the state lottery contract, including providing direct supervision and management of lottery agents, retail systems, implementation and maintenance of gaming equipment, and oversight of the performance of the central gaming system. He worked in various positions in state lotteries across the country to achieve real institutional knowledge of the ins and outs of the brand new industry he was entering. Combining his latest knowledge with business sense, he decided to win contracts with the most important names within the industry.
The lottery industry is amazingly competitive, and contracts are sometimes awarded to large national firms. However, as Emmanuel grew his business, hiring experienced staff and expanding VSC’s capabilities, he began to make a reputation for himself as a trusted and talented operator within the industry. He soon partnered with titans in the sector and eventually became the one black business owner to operate a state lottery in your entire United States, in his home “state” of Washington.
But his success didn’t end there.
Bailey continued to hone his expertise, turning VSC right into a multi-million dollar company with over 100 employees. He was honored with the 2020 North American Association of State and Provincial Lotteries (NASPL) Powers Award, which he won based on nominations from the DC Lottery itself. In its nomination, the District of Columbia said Emmanuel “is far from a stereotypical executive… and will ensure that the DC Lottery continues to operate every day and that our company remains profitable into the long-term future.” It continues to grow its business by opening a VSC office in Maryland and searching to expand its geographic reach.
Despite all his success, Emmanuel never forgot his family and his connection to his community. He stays deeply committed to giving back to DC communities. He has donated a whole lot of 1000’s of dollars to varied local DC-based organizations supporting programs comparable to school athletic and humanities departments, educational support and health care. He also served and continues to serve on the boards of many local organizations.
Now Emmanuel looks to the longer term. Always striving to enhance his business, Emmanuel works to enhance operations and improve the efficiency of the DC Lottery, while also giving back to the community and creating more opportunities for young children growing up in circumstances like his own. While his feet are firmly planted within the DMV, his ambitious and entrepreneurial spirit has his eyes on expansion into additional states. He says his best achievement, above all his other achievements, is that he helped his mother retire.
Business and Finance
David Shands and Donni Wiggins host the “My First Million” conference at ATL
December is the birth month of David Shands and Donnie Wiggins, friends and business partners. Most people have fun by throwing a celebration. Others imagine it must be catered for. The chosen ones spend the day relaxing in peace and quiet.
Then there’s Shands and Wiggins.
The two decided that the best birthday gift can be to offer individuals with resources for generational wealth through a conference called “My first million”in Atlanta.
It’s a compromise between how their families and family members need to honor them and their desire to proceed to serve others. Shands acknowledges that almost all people won’t understand, and he unapologetically doesn’t expect them to.
“It’s not up to us to convince anyone why we do what we do,” admits Shands.
“I think everyone does what they do for different reasons, and I would just attribute it to a sense of accomplishment that I can’t explain to anyone else.”
He doesn’t need to clarify this to Wiggins because she understands his feelings. Wiggins has had a passion for serving others for so long as she will be able to remember.
“When I was in middle school, there were child sponsorship ads on TV featuring children from third world countries. I was earning money at the time and I asked my mother to send money,” she says BLACK ENTERPRISES.
She recalls how sad she felt for youngsters living in a world with so many opportunities, but at the same time going hungry. Her mother allowed her to send money, and in return she received letters informing her of their progress.
“It was very real to me,” Wiggins says, now admitting she’s undecided the letters were authentic. “I received a letter from the child I sponsored, a photograph and some updates throughout the 12 months. It was such a sense of being overwhelmed and it was something I felt so good about. I didn’t even tell my friends I used to be doing it.”
She carried this sense throughout her life, even when she lost every little thing, including her house, cars, and money. She still found ways to serve and give back, which is the basis of her friendship with Shands.
They each love seeing people at the peak of their potential, and that is what “My First Million” is all about. There can be no higher birthday gift for them than helping others create generational wealth.
What to expect during the “My First Million” conference.
They each built successful seven-figure empires, then train others, write books about it, and launch an acclaimed podcast Social proof.
Now they’re imparting that knowledge through the My First Million conference, an event for aspiring and existing entrepreneurs. Shands and Wiggins need to prove that being profitable is feasible and encourage people to bet on themselves.
“David and I, on paper, are not two people who should have made millions of dollars. Number one, we want (people) to see it,” Wiggins says. “Then we want them to actually get out of that room with practical and actionable steps.”
Both are clear: this just isn’t a motivational conference. This is a conference where people, irrespective of where they’re of their journey, will come away with clarity about their business and what they must be doing as CEOs. Shands and Wiggins want individuals who do not have a transparent marketing strategy or are considering starting a business to also attend the meeting.
“A few areas we will cover are inspiration, information, plan and partnership,” adds Shands. “We will give you 1-2-3 steps because some people get depressed and uninspired. Even if they know what to do, they won’t leave, go home and do it. So we have to really put something into their heads and hearts that they come away with.”
Sign up and enroll for My First Million Here. The conference will happen on December 13 this 12 months. but Shands and Wiggins say it definitely won’t be the last for those who miss it.
Business and Finance
Operation HOPE on the occasion of the 10th annual world forum
Operation HOPE Inc. takes over Atlanta for the biggest game in the country dedicated to financial literacy and economic empowerment, Saporta reports.
The HOPE Global Forums (HGF) Annual Meeting 2024 strengthens the crucial link between financial education, innovation and community upliftment in hopes of finding solutions to the problems that stifle challenges around the world.
Organized by Operation HOPE founder John Hope Bryant, together with co-chairs Atlanta Mayor Andre Dickens and U.S. Ambassador Andrew Young, the forums, to be held December Sep 11 at the Signia Hotel, will have fun its 10th anniversary with three days of engagement discussions, observations and forward-looking presentations.
Under the theme “The Future,” Hope Bryant says attendees are looking forward to a “powerful moment in history.”
“Over the past decade, we’ve brought together great minds with daring ideas, servant leaders with voices for change, and other people committed to a brand new vision of the world as we realize it. “‘The Future’ is a clear call to action for leaders to help ensure prosperity in every corner of society,” he said.
The extensive program includes influential and well-known speakers who address business, philanthropy, government and civil society. Confirmed speakers include White House correspondent Francesca Chambers, media specialist Van Jones and BET Media Group president and CEO Scott M. Mills.
“John Hope Bryant and his team have been doing this for ten years, and every year HGF raises the bar,” Young said. “Discussions about the FUTURE are important not only for civil dialogue; they are also essential to bridging the economic divide and solving some of today’s most important problems.”
Atlanta is predicted to welcome greater than 5,200 delegates representing greater than 40 countries.
“I have long said that Atlanta is a group project, and through our partnership with HOPE Global Forums, we are inviting the world to join the conversation,” Dickens mentioned. “From home ownership and entrepreneurship to youth engagement and financial education, HGF will offer bold and innovative ideas to ensure a bright future for all.”
It coincided with the organization’s annual meeting launched one other path to enhance financial knowledge with HOPE scholarships. With three tiers of scholarships – HOPE Lite, HOPE Classic and HOPE Silver – clients could have access to free financial coaching and academic resources.
-
Press Release10 months ago
CEO of 360WiSE Launches Mentorship Program in Overtown Miami FL
-
Press Release10 months ago
U.S.-Africa Chamber of Commerce Appoints Robert Alexander of 360WiseMedia as Board Director
-
Business and Finance8 months ago
The Importance of Owning Your Distribution Media Platform
-
Business and Finance10 months ago
360Wise Media and McDonald’s NY Tri-State Owner Operators Celebrate Success of “Faces of Black History” Campaign with Over 2 Million Event Visits
-
Ben Crump10 months ago
Another lawsuit accuses Google of bias against Black minority employees
-
Theater10 months ago
Telling the story of the Apollo Theater
-
Ben Crump10 months ago
Henrietta Lacks’ family members reach an agreement after her cells undergo advanced medical tests
-
Ben Crump10 months ago
The families of George Floyd and Daunte Wright hold an emotional press conference in Minneapolis