Dr. Lakeysha Hallmon, EdD, CEO of The Village Retail, says her shop and night marketplace helped circulate more than $8 million for Black-owned businesses. “You have to be willing to erase the paper and build something else,” Hallmon tells Forbes. “You can have the same mission, but it has to look different.” Hallmon says Village Retail is profitable. The shop employs seven people and aims to expand to 20 employees by the end of next year. Hallmon wants to solve two problems: economic parity with non-Black businesses and scaling sole proprietors, known as solopreneurs. U.S. Black consumers’ collective economic power is estimated to hit $1.7 trillion in 2030, up from $910 billion in 2019, according to global research firm McKinsey and Company. “When I hear that number,” Hallmon says, “I hear nothing but opportunity.” However, scaling solopreneurs is vital to achieving that figure’s full impact. Learn more about her story: https://lnkd.in/ejXXXN9B #BlackEntrepreneurs #Solopreneur #BlackCEOs #BlackWomenLead
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SVP Relationship Manager @ SouthState Bank | Hands on Atlanta Board Chair
1moBravo 👏🏾! Your commitment to uplifting Black owned businesses is unparalleled!