Tag: Edward Lewis

Five Savvy Books by Successful African-American Entrepreneurs

Successful entrepreneurs understand that the way to success is to be a lifelong learner. From staying abreast on latest trends to reading up on tried-and-true strategy, leaders win by seeking knowledge.  Here are five books that will help any entrepreneur do just that:

The Man From Essence by Edward Lewis

Written by Edward Lewis, co-founder of Essence magazine, this book tells the story of how he started his company with three partners, eventually reaching and impacting millions of people with a landmark publication for women of color. He became the last man standing by the time it was sold to Time, Inc. Lewis details the motivation behind his drive to succeed, her personal triumphs and challenges and insights on management, startup strategy and perseverance through the ups and downs of the publishing world.

How to Succeed in Business Without Being White: Straight Talk on Making it in America by Earl G. Graves

In a society where white men dominate the top seats at major corporations, this book serves as motivation and mentorship for African-American innovators. Being one of the most prolific executives in business, Graves tells us his own story of how he  became a multimillionaire, the director of several of America’s Fortune 500 corporations, a philanthropist and entrepreneur, how he built the legacy of Black Enterprise. The business icon touts: “Economic power is the key to success in a capitalistic society.”

Why Should White Guys Have All the Fun?: How Reginald Lewis Created a Billion-Dollar Business Empire By Reginald F. Lewis

Lewis’ first successful venture was his $22.5 million-leveraged buyout of McCall Pattern Co., where he sold it for $65 million in 1987, and made an astounding 90 to 1 return on his original investment. He re-branded the corporation as TLC Beatrice International Inc. As the CEO and chairman, Lewis increased the company’s worth in rapid time,an with revenues of $1.5 billion, TLC Beatrice made it to the Fortune 500. It was also the first company on the Black Enterprise List of Top 100 African-American owned businesses. This book details how all of this happened and will inspire many bosses for generations to come.

Success Never Smelled So Sweet: How I Followed My Nose and Found My Passion by Lisa Price

Lisa Price, founder of Carol’s Daughter, tells the story of her life, starting from the beginning with her childhood days in Brooklyn, N.Y., to the moment her business was created and how it bloomed. The innovator provides motivating and enticing stories and explains how she went from bankruptcy to grossing over $2 million yearly while working from home. Price believes that life will guide each and every one of us until we realize our own inner truth, regardless of the challenges we faced to reach to our destination. She also shares with us advice her mother gave her and recipes for her best-selling products.

Black Titan: A.G. Gaston and the Making of A Black American Millionaire by Carol Jenkins and Elizabeth Gardner Hines

A.G. Gaston was the grandson of slaves and was born penniless. At his death, he was worth more than $130 million and helmed several businesses. This is the story of his life through the eyes of his niece and grandniece. Gaston was determined to make a difference for African Americans during the time of slavery. When he passed away in 1996, he was one of the richest men in America. Black Titan is the story of a man who changed the future for all black businesspeople in our country.

article by Cristie Leondis via blackenterprise.com

Essence Magazine Announces Vanessa Bush as New Editor-In-Chief

Vanessa Bush, new Editor of Essence Magazine

“I’m absolutely thrilled. This truly is my dream job. I’ve loved Essence since I was a kid,” Vanessa Bush, the new editor-in-chief of Essencetold theGrio.  The new head of the black women’s lifestyle bible has worked for numerous publications over the course of her career, including Life and Glamour, but none other has drawn her passionate devotion.  In her new role, Bush is thrilled to take her decade-plus years of experience in journalism and apply it in service to African-American women, at a magazine that inspired her both as a black woman and budding journalist as a child.

She even remembers her first encounter with the glossy.  “It’s something that I will never forget. I can remember creating mini-magazines with my mom,” Bush reminisced. “One of the few places where I could actually cut out pictures of women who look like me was Essence magazine. So to be able to bring that full circle decades later is just a dream. Essence is the embodiment of the quintessential black woman who is empowered and that’s an achiever, that’s looking for inspiration, that’s looking for wise counsel. That’s always trying to be the best that she can be. Essence has always been that guide book that shows us how to do that.”

The backstory of the new Essence chief

The Columbia School of Journalism graduate began her career as a staff writer before moving into editorial duties. In 2000, Bush began working at Time, Inc., now the parent company of Essence Communications.  Simultaneously, after operating independently since its founding by Edward Lewis in 1970, Essence began its initial partnership with Time in 2000. Bush made her move at that time, and joined the Essence team as a beauty and fashion features editor.

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