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Whether it's cash, card, or a like and share, ready your coins and support for Black entrepreneurship because National Black Business Month in August is on the way! By celebrating this month, we can learn about the strength and entrepreneurial genius of Black business owners and the Black community, while investing in its continued success, leading to true economic equity for all. Check out these ideas to get started 👉 https://lnkd.in/e6ZwWxwV

"National Black Business Month is the perfect time to show your support for Black-owned businesses. Here are some impactful ways you can contribute: 1. Buy Black: Make a conscious effort to purchase products and services from Black-owned businesses. Your dollars make a difference. 2. Spread the Word: Share your favorite Black-owned businesses with your network. A simple recommendation can lead to new customers and increased visibility. 3. Engage on Social Media: Follow, like, comment, and share posts from Black-owned businesses. Your engagement helps boost their online presence. 4. Leave Positive Reviews: If you’ve had a great experience, leave a positive review online. It’s one of the best ways to support small businesses. 5. Attend Events: Participate in events hosted by Black entrepreneurs and support their initiatives. Supporting Black businesses goes beyond just a purchase—it's about uplifting communities and fostering economic growth. Let’s make this National Black Business Month count by taking meaningful actions to support Black entrepreneurs."

In this segment, Nkem Oghedo is talking about the Adá marketplace platform specifically. One thing I love about what she's sharing here is: Adá shifts power to its vendors by enabling them to set their own prices. If you're looking for Black History Month team-building programming for your team that puts the money and the power in the hands of Black entrepreneurs, check out Adá! Looking for other types of programs to support your team? Or want to do more than one? I'd love to chat!

Why It Matters

August is National Black Business Month, an opportunity to support and celebrate Black-owned businesses. According to recent data, there are approximately 3.12 million Black-owned businesses in the United States. These businesses employ 1.18 million people and generate $133.7 billion in total sales, highlighting their significant economic contribution. Nationally, Black-owned businesses represent about 3% of all classifiable firms, despite the Black population making up 14% of the U.S. population. This disparity underscores the need for more support and opportunities for Black entrepreneurs. Learn More: https://ow.ly/skf250SW69N

August is National Black Business Month, a time to recognize and support Black-owned businesses across the country. Celebrating these businesses is crucial for fostering economic growth, creating jobs, and building stronger communities. Let’s use this month to highlight the contributions of Black entrepreneurs, encourage patronage of Black-owned businesses, and promote initiatives that support their success. #NationalBlackBusinessMonth #SupportBlackBusinesses #EconomicEmpowerment #tonemotivates #cognitivebehaviortherapy

Happy Black Business Month! 💚 According to Black Enterprise, the U.S. has experienced a 14% increase in Black-owned businesses since 2020, growing fastest in 30 years. For Black Business Month, the OKC Black Chamber will highlight standout businesses in our community, provide information on how to patronize them and offer tips on navigating a successful business. Comment and tag your favorite Black-owned businesses!

✨ In the comments of this post, tag a Black owned business. We will be choosing 4 to highlight over the next month, and every business tagged will be shared across our social media platforms. ✨ This Black History Month, we knew that we wanted to highlight Black owned businesses. We know the power of representation. By showcasing thriving Black entrepreneurs, we remain committed to inspiring, motivating, and challenging societal stereotypes and biases. Especially when the national narrative oversimplifies the rich tapestry of Black experiences in America. Research proves the unequal distribution of venture capital and bank loans, putting Black entrepreneurs at a disadvantage in starting or expanding their ventures. Empower your community by actively choosing Black-owned businesses. Your support can break barriers to success and foster a more equitable economy.