What do Black entrepreneurs—more than 40% of whom have shuttered their businesses amidst the pandemic—need during this unprecedented time? If you ask Daymond John, it’s support from industry peers, honest conversations about Black business and, during a time of heightened emotional stress, quality entertainment.
“You see people out there burning businesses when they should be building them,” the FUBU founder and CEO and Shark Tank investor tells Forbes. “People of color need more inspiration and more of the right inspiration, instead of letting out frustrations and disappointment in today’s current environment in a negative way.”
John turned his anger into action. The result: Black Entrepreneurs Day Presented by Chase for Business, an inaugural event on Oct. 24 that will bring together business leaders such as