What Every Black Entrepreneur Needs To Know Before Launching A Business

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Historically, it's been more challenging for Black entrepreneurs to launch a business. This bank is set on changing that — here's how.

to help Black communities achieve economic success by investing in careers, financial health, business growth, and community development.

Keep reading for Butts’ No. 1 advice, the barriers that Black business owners face, and the biggest mistakes an aspiring entrepreneur can make. “First would be access to capital, and this is especially true for Black entrepreneurs because they don't necessarily have the same ecosystem that other cultures might have.

“There have always been barriers and inequities. When you have the ability to make a difference, it becomes your responsibility to do something right. We have the. It’s not, ‘Let’s throw money at the issue or problem.’ We’re doing the research, and we see the disparities and understand what we need to do to tackle them, by providing resources and tools, and listening.

 

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