Michelle Arthington, LCB’s Post

https://lnkd.in/ev_euwiy Want to know what Marc Lore, formerly of Hoboken-based Jet.com, who has a bunch of entrepreneurial wins behind him, is up to? This is an in-depth article about Lore and Wonder, his newest venture.

Siete Family Foods has been acquired by PepsiCo for $1.2 BILLION! I've seen the "selling out,” narrative being thrown around way too many times already. Let's talk about it... This isn't selling out - it is leveling up! And unless you are or you have been an entrpreneuur who has gone through the struggles of starting and MAINTAING a multi-million dollar business - and ALL that it comes with, take several seats - take siete seats to be exact! This isn’t just a win for Siete; it’s a win for the entire community. The Garza family started Siete to solve a problem close to their hearts, rooted in Veronica Garza’s health journey, and turned it into a brand that champions authentic, healthier Mexican-American food. Now, with this acquisition, they’re creating GENERATIONAL WEALTH—a game-changer for our community. This is about long-term impact - the next 100 years, not the next 10. The opportunities this provides for the Garza family are immense. They are already so incredible philanthropic. Now they have even more resources not only to continue building new ventures but also to invest in other entrepreneurs, businesses, and communities. We need more investor power in our community. It’s a step toward economic empowerment and representation on a major scale. #StandingOnBusiness #EconomicEmpowerment #LatinxHeritageMonth

I am Hispanic. We represent 19% of the US population and over 60 million people. Less than 2% of venture and PE deals in 2021 had a Latino founder. See the math here? This is why don't see more diversity in the restaurant brands... ... and instead, see a lot of the same stuff. We have to do a better job of elevating the faces and flavors that truly represent this country. It's time to invest in us because we are a very important part of the future. #estiempo I decided something needed to be done about it, so I started Full Course. At Full Course, we are agents of change: our purpose is to make the restaurant industry equitable and inclusive, where all faces and flavors have a seat at the table. We do this through education, mentorship, operational and development support, AND early-stage, equitable investment in the people and brands who represent the cultural fabric of this country. Powered by our purpose, we believe people are the heart of our industry. Join us. Learn more today about how you can join us in our mission: be an investor, educator, referral partner, or one of our invested partner brands. Visit our website at FullCourse.com or DM me directly. #investing #diversity #representationmatters #startups #restaurants #restaurantindustry

Supermarkets do not support Black-owned businesses. We are 'too risky,' resorting to excuses and gestures like the 'Black square,' used for 1 month only in October. Ethnic minority entrepreneurs face discrimination, hindering their potential with barriers to external finance. Look at the facts before you soil your panties ↓ →7.1%, Black/ethnic minority founders get start-up funding →1%, of our sisters secure startup funding. →Ethnic-minority-owned businesses contribute £70BN+ annually to the UK.   Major supermarkets are at fault, due to the constant support of brands and entrepreneurs clearly ripping off cultures identity that they are not from “Jerk rice” anyone? The only support the supermarkets offer Black & ethnic minority foodie founders is a space on their ‘world food aisle’,,,,WTF Where is the support for the Black/ethnic minority foodie founders? 📌P.S. We live in a world where my "boy" George will get listing for his “Jollof rice” way before a supermarket entertain my call…..WILD ----------------------------------------------------------------------------- 👋I’m Colin, aka (“the food scene’s Kanya King”) a London-based food and drink Content Creator🧙 📚Helping foodie brands promote themselves via storytelling. 💻Connecting foodie brands with their target audiences via social media 🗣 Wanna chat? 📲Connect with me, and we can talk about your projects😁

Fascinating article, lots of great points, would have been good to see examples from smaller businesses. Anyone got any successful "disruptions"? Yes/ Then share and help inspire others. #innovativepractice #leadershiplessons #leadingfromwithin #creativity #ideasgeneration #newleaf #brainstretching #thinkingoutsidethebox #greatideasforum #brainexpansion

How did Red Bay Coffee Evolve from a Small Garage Startup to a Community Staple in Oakland? 2. Red Bay Coffee Red Bay Coffee, a unique and impactful coffee business based in Oakland, California, was founded in 2014 by Keba and Rachel Konte. Their journey is not just about selling coffee; it’s a narrative of community building, social justice, and entrepreneurial spirit. The story of Red Bay Coffee is a testament to the power of vision, resilience, and the ability to adapt to changing circumstances, especially in the face of global challenges like the COVID-19 pandemic. Origins and Mission Keba, an African American native of the San Francisco Bay Area, and Rachel, originally from Copenhagen, Denmark, started Red Bay Coffee in their garage. This small start was bolstered by family, friends, and a successful crowdfunding campaign. For Keba, owning a business was more than a commercial venture; it was a way to impact his community positively. He envisioned Red Bay Coffee as a platform for diversity, inclusion, social and economic restoration, and entrepreneurship in the coffee industry. Growth and Community Impact Red Bay Coffee rapidly became a community staple, known for its tagline “Beautiful Coffee to the People.” Their public roastery in Oakland turned into a hub for cultural events, including food pop-ups, concerts, magazine releases, and more. This growth was a reflection of their commitment to quality, sustainability, and community engagement. They source their coffee directly from countries with the ideal climate and elevation for high-grade specialty coffees, supporting and empowering local growers. Pandemic Challenges and Ecommerce Pivot The COVID-19 pandemic in 2020 posed significant challenges for Red Bay Coffee. Like many businesses, they had to close their shops and find new ways to connect with customers. This period marked a strategic pivot to ecommerce. Recognizing the need to maintain their community presence and reach, they leveraged their partnership with Amazon, enabling them to connect with a broader audience. This move was crucial and resulted in substantial growth, nearly doubling their sales year-over-year from 2020 to 2021. Learn more --> https://lnkd.in/gmJy9S_y #ecommercesuccess #businesswithpurpose #coffeebusiness #inclusiveemployment #socialimpact #sustainablebusiness #digitalsuccessstories #ethicalecommerce #onlineengagement #webdesignexcellence

Celebrating the successful funding of a dynamic restaurant business! ⁠ With ROK Financial, your entrepreneurial journey becomes a success story waiting to be told. Ready to unlock the potential of your restaurant venture? Let's turn your aspirations into achievements!

One of the most inspiring stories of rising from humble beginnings is that of Howard Schultz, the man behind the global coffee giant Starbucks. Schultz's journey is a remarkable example of how starting small and staying persistent can lead to incredible success. The Beginning: Humble Roots Howard Schultz grew up in a low-income housing project in Brooklyn, New York. His family struggled financially, and Schultz was determined to create a better life. After graduating from college, he worked various sales jobs, but it wasn’t until he joined a small coffee company called Starbucks, which only sold beans at the time, that his life changed. The Idea: Start Small, Dream Big In 1981, Schultz traveled to Milan, Italy, where he was fascinated by the coffee culture. He envisioned a similar model for the U.S., where coffee shops could be places of community and conversation. However, when he pitched his idea to the founders of Starbucks, they were not interested. Schultz decided to start his own small coffee business, Il Giornale, which he launched with the help of a few investors. The Struggle: Building from Scratch Starting his business wasn’t easy. Schultz faced multiple rejections from investors, as many didn’t believe that Americans would pay premium prices for coffee. However, Schultz’s perseverance and belief in his vision kept him going. He continued to push forward, improving his offerings and cultivating loyal customers. The Breakthrough: Acquiring Starbucks Two years later, in 1987, Schultz had the opportunity to purchase Starbucks, which had a few stores at the time, for $3.8 million. He rebranded it with the Italian coffeehouse concept he had always believed in and began expanding rapidly. By focusing on quality, customer experience, and community building, Starbucks grew into a global phenomenon. The Growth: A Global Empire Today, Starbucks has over 35,000 locations worldwide and is a multibillion-dollar company. Schultz transformed it from a small local coffee bean company into one of the world’s most recognized brands. He built the business not only on great coffee but also on creating a space where people could gather and connect. The Lesson: Persistence Pays Off Howard Schultz’s story is a testament to the power of starting small, staying persistent, and believing in your dream, even when others doubt you. His journey shows that no matter where you come from, with the right vision, hard work, and resilience, you can achieve greatness. Starting small is not a limitation; it’s the foundation upon which you build something extraordinary. Schultz’s rise to the top proves that with determination and innovation, anything is possible.

Have you read our story yet about Schnuck Markets, Inc. and their first cohort of diverse small businesses coming into the stores? It was a front page news story for our September 2024 issue, and you can also view it through the link here: https://lnkd.in/gZYY8Q_K