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Posts tagged as “Lisa Price”

Five Fun Apps to Upgrade Your Black History Knowledge

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(Image: BlackInvestors.com)

If there is one thing we should know, it’s that Black History is made every day. For example, Madame C.J. Walker, who created specialized hair products for African-American hair, paved the way for many women such as Lisa Price, founder of Carol’s Daughter, to start their own haircare companies. Frank Greene, considered one of the first black technologists, cleared the path for future innovators like Chinedu Echeruo, the Founder of Hopstop.com and Tripology.com.  And without a doubt, knowledge of your history can empower you to forge successfully into the future.

If you’re looking to learn more about history or discover other African Americans making their mark on the world, check out this list of Black History apps for your smartphone or tablet.Black Inventors Match Game: Celebrate African American inventors with best friends Myles and Ayesha as you learn who earned patents for everyday items such as the doorknob, the traffic light and lemon squeezer. Then test your IQ with a matching game. (Available for Android and iOS)

  • Then and Now Series: Black History: The Then and Now Series apps shed light on facts about different cultures. In the Black History edition, you can learn about 100 different people through biographies, images and links to video or music. Print or email the bios to share the knowledge with friends. (Available for iOS)
  • More Than a Mapp: Explore an interactive map and bring black history close to home—literally. Set your location, and nearby historically significant sites will illuminate on the map. Check out related links, photos and videos. Know of a significant location not shown? Send it in, wait for verification and create your own pinpoint for all to see and learn. (Available for Android and iOS)
  • Black History Quiz: Test your knowledge of important black figures with multiple-choice questions. If you don’t know an answer, learn as you go—you won’t be able to move onto the next question until you get it right. (Available for Android and via the Amazon App Store)
  • The Root: Update your perspective with The Root, an inclusionary news source that features writing by prominent African American writers. In addition to political, social, cultural and racial commentary, tune in to podcasts and view slideshows for an interactive, visual news experience. (Available for Android and iOS)

article by Kandia Johnson via blackenterprise.com

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

Lisa Price, Angela Yee, MC Lyte and More Honored at WEEN Awards

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The 4th annual Women in Entertainment Empowerment Network Awards were held yesterday at New York’s Helen Mills Theater, bringing together a who’s who of powerful women in entertainment to celebrate one another. Honorees included Carol’s Daughter founder Lisa Price, radio personality Angela Yee, hip-hop veteran MC Lyte, financial literacy expert Lynn Richardson, fitness motivator Jeanette Jenkins, and singer Sevyn Streeter.

With past honorees like actresses Vivica A. Fox and Nia Long, radio personality Angie Martinez, and broadcaster Soledad O’Brien, the goal of WEEN is to lift up women who aspire to work in the entertainment business, while awarding those who have made great strides. WEEN’s co-founder and chair, Valeisha Butterfield-Jones, remembers the first moment when she felt she simply had no choice but to empower women.
“Russell Simmons, Common, Dr. Ben Chavis, and Kevin Liles were guests on Oprah in 2006. There was an audience of women and from satellite they brought in women from Spelman talking about the misogyny in the entertainment biz and the Nelly “Tip Drill” video,” she says. “I felt like I had this huge responsibility to do something. I didn’t know what ‘do something’ meant. But I knew I was too close and too involved to be silent.”
Butterfield-Jones set out to make a difference. Inviting 40 women of power to a rooftop in New York to discuss issues pertaining to women in the business, the turnout more than doubled expectations: 121 women showed up to support, collaborate, and speak up. The success continued. “At the first major WEEN event at the Hammerstein Ballroom, I was super nervous. And when I arrived I saw a line of girls, thousands down 34th Street. And it was another aha moment,” says Butterfield, who served in the Obama administration from 2009 to 2011 as deputy director of public affairs for International Trade. “Cause this wasn’t just something we thought could work and thought was needed. The evidence was here. Young women were crying for support and mentorship.”

Lisa Price's Beauty Company Carol's Daughter Purchased by L'Oreal USA

carols-daughterL’Oreal USA announced today that it has purchased beauty company Carol’s Daughter, which will help the company reach a diverse consumer base.
“Carol’s Daughter possesses an expertise in the multi-cultural consumer segment, a rapidly expanding market that represents an important growth opportunity in the beauty industry,” said Frederic Roze, president and CEO of L’Oreal USA. “This acquisition will enable L’Oreal USA to build a new dedicated multi-cultural beauty division as part of our Consumer Products business, and strengthen the company’s position in this dynamic market.”
Carol’s Daughter, which was founded in 1993 by Lisa Price, will continue with its current leadership team, based out of its New York City headquarters.
“L’Oreal has a proven track record of helping established companies achieve their full potential while staying true to the core of the brand and they have an understanding of the future of multi-cultural beauty. I could not be more proud to begin this next chapter of the Carol’s Daughter brand with them,” said Price in a statement.
In May, Carol’s Daughter announced the closing of five store locations as part of a bankruptcy reorganization. Many at the time questioned the financial health of the company. Price addressed those questions directly in a Facebook post.
“It is important to set the record straight. Carol’s Daughter is still going strong after twenty-one years and the future has never looked brighter. As part of our increased focus on new retail channels, we have decided to close five of our stores. This was portrayed as if we are having some challenges, but nothing could be further from the truth,” she wrote at the time.
“The nationwide Target launch this past March is an opportunity that very few companies receive. I am proud of that. I am also proud and blessed to have valuable partners, like HSN, Ulta and Sephora inside JC Penney. These partnerships have enabled me to distribute Carol’s Daughter in over 2,500 stores and on direct TV which is far beyond the reach of my living room in Brooklyn,” the letter continued.
Today’s sale is subject to the final regulatory approvals. Other financial details are undisclosed.
article by Tonya Garcia via madamenoire.com

Former Essence Editor Corynne Corbett Launches Beauty Biz Camp to Foster Diversity Within Beauty Industry

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 With a mission to foster diversity within the beauty industry, former Essence beauty editor, Corynne Corbett launches Beauty Biz Camp, a non-profit program that teaches adolescents, ages 12-18, about the ins and outs of the beauty industry.  The Beauty Biz Camp is a three-week course held in New York City (from July 22 through August 9) that will cover beauty topics like, interpreting beauty trends, the beauty buyer’s role, and what really happens behind the scenes of a fashion show. The curriculum is lead by industry power players like Lisa Price (the founder of Carol’s Daughter), Yesenia Almonte (Seventeen‘s beauty director), and Patricia Reynoso (editor in chief of Glam Belleza Latina).
Corynne chatted with Fashionista.com and shared why she created the camp, what young girls will gain from this experience, and her thoughts about diversity in the beauty industry.
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Beauty Biz Camp founder Corynne Corbett

I have always had a passion for mentoring people. I have a long list of mentees that are placed all over the industry who are doing quite well. I wanted to think of how to formalize it. One of the reasons I thought I should start with teenagers was because I thought, “What would have happened if I had known as a teenager that this industry existed?” I knew about beauty–my grandmother was a hair stylist–so I knew that part of the business. I knew that you could sell makeup at a counter, but that’s all I knew. But that I could be a decision-maker or create a product? That’s something I didn’t know, and most young women don’t know that.

On what she expects young girls to gain from her camp: 

“I love beauty and I’m really glad that I’ve found a way to use my talent differently. As publishing and all these things change, people should start thinking about what kind of legacy they want to leave. What do you want to be known for? And is it different from what someone else is doing? What I love about beauty is it’s so collegial across the board. I thought I was going to be a fashion editor when I went to school but I’ve never regretted a day in the beauty industry. This might not be the career for the [girls who come to camp], but the whole notion of being beautiful for themselves and to understand they have power by saying what [they think] is beautiful, is important.”
Her thoughts on diversity in the beauty industry: 
“I think the beauty industry is challenged because there is not enough representation at the [decision-making] table. Instead of complaining about it, I need people to do something about it. They say we can’t find the people [to fill those jobs], so then let’s equip people to do the jobs.”
Read the entire interview at Fashionista.com.  The beauty camp is open to everyone and there are still some scholarships available. Go here for information.
article by Ty Alexander via blackamericaweb.com