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Start a Business

Start a BusinessGet your Business off the Starting Block!

Over a decade ago, I was involved with the technology start-up Reel Logix Inc. Not only was the business plan for the company, my MBA project, I spent several years working as the COO and VP of Client Relations for the company.  Based on that and other start-up experiences, I wrote an article that was published by Entrepreneur.com and TheStreet.com. It is still available on Entrepreneur’s website.  Although it was written about a decade ago, the message is still right on point.

The article compares how you start a business to how an athlete would run a race where preparation and practice are key success factors. Read the full article to see what each of the following 10 tips mean as they are framed in the context of getting physically prepared for a race. It might help you overcome the hurdles that entrepreneurs are sure to encounter on the road to startup.

  • “Pump” up your attitude
  • “Rejuvenate” your affiliations
  • “Firm” up your future
  • “Flex” your creative muscles
  • “Supplement” your credentials
  • “Buff and polish” your ideas
  • “Reshape” your perspective
  • “Align” your dreams with reality
  • “Chart” your performance
  • “Map” the future

Resources for Entrepreneurship and Innovation

HBCU Innovation and Entrepreneurship Collaborative

White House Promotes Entrepreneurship for HBCUs and MSIs

HBCU Innovation.org

Morehouse College Entrepreneurship Center

HBCU Innovation Summit in Silicon Valley (Blacks In Technology)

List of Colleges with Entrepreneurship and Small Business Majors

On HBCU Campuses

Entrepreneurial Leadership Center – Cheyney University of Pennsylvania

Center for Entrepreneurial Studies – Bennett College

Entrepreneurship Center – Morehouse College

Institute for Entrepreneurship, Leadership and Innovation – Howard University

Business Innovation Center – Bowie State University

Funding Small Businesses

Funding for African Americans – Houston Chronicle

Grants for African American Women to Start Businesses – Houston Chronicle

Top 10 Grants – Black Enterprise Magazine

Why the Growth of Black Businesses is Skyrocketing – American Express

African American Small Business – Wells Fargo

10 Best Cities for Black Entrepreneurs – CNN

Unlocking Potential of Small Business – SBA.gov

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