Business and Finance
Shark Tank’s Daymond John is the host of Black Entrepreneur Day 2024
On November 22, business mogul and star Daymond John hosted the fifth annual Black Entrepreneur Day in Atlanta. In honor of the event’s presence in Atlanta, Mayor Andre Dickens issued a proclamation to John, officially recognizing Black Entrepreneurs Day.
The event celebrating Black business owners attracted hundreds of participants through in-person participation and virtual streaming. At the historic Fox Theater in Atlanta, Black Entrepreneurs Day featured special guests and speakers similar to Kelly Rowland, Jordan Chiles and Charlamagne Tha God. Rashad Bilal and Troy Millings, co-founders of the business media platform “Earn Your Leisure”, also participated in the educational celebration.
During the event, there was also a conversation with Flava Flav, who considered authenticity to be the key to her success. In an exclusive conversation with BLACK ENTERPRISES Flav shared encouraging and thoughtful business advice with entrepreneurs.
“Once you start a business, all you have to do is really believe in it,” said the rapper and TV personality TO BE. “(As long as) you believe in it, it will become yours and it will grow beyond anything you ever thought.”
“… with the ability to be a (skilled) athlete and a collegiate athlete at the same time… I believe it is a blessing in disguise because there are so much of things you could have to learn, but additionally understand that you could have a reputation for something that is also your brand.
She continued: “Navigating this, whether it is a Nike contract, a leotard contract, (or) whatever it is, has definitely been difficult. But I actually have the right people around me who can assist me achieve financial stability in the process…
As for Chile, it engaged in the wealth management discussion led by JP Morgan Chase. The Olympian talked about her own “balancing act,” which involves making smart financial decisions as her profession takes on a brand new dimension.
On this occasion, three grants value PLN 25,000 were awarded. dollars to black firms. The grants were awarded in partnership with the NAACP and event sponsors similar to Hilton and T-Mobile for Business. Based in Salt Lake City dessert shop named Parfé Diem won one grant for Black mother-daughter fashion accessories line Gabby Bows awarded one other one. Vontelle from Brooklyn glasses companywon the last prize of the day.
John founded Black Entrepreneurs Day in 2020 in response to the growing Black Lives Matter protests. Wanting to uplift their community from inside, the event was launched to encourage Black entrepreneurs with resources and financial opportunities.
Before the 2024 release, John he was talking its evolving intentions for the program.
“This is our fifth year and it will be special. This year we will exceed $1 million in grants,” John told an area news outlet. “It’s free money for black businesses. We have already given money to 40 black businesses. You’ll also meet great entrepreneurs and other people you might want to work with. We’ll have fun.”
He added: “The whole reason it was created was because in 2020, when we saw people burning down companies instead of building them, I said the reason they were doing it was because they had no hope. But if you see me there and see what I’ve learned after failing and how I draw resources, you can do exactly what I did… Black Entrepreneurs Day is about meeting people who look like you’re successful.” .
The evening was stuffed with game-changing activations and conversations, from artificial intelligence to closing the wealth gap. As Black Entrepreneurs Day continues, John hopes to expand his impact by fueling the growth of these businesses.