Our team at Provident1898 is proud to serve the community here in Durham, North Carolina, and we want to honor the legacy of this city’s pioneering Black entrepreneurs. We are a coworking community for diverse innovators, creators, and entrepreneurs, and we offer a variety of programs and resources to help you take your business to the next level.
In this article, we’d like to share some sage words of advice from leading Black female entrepreneurs.
- Build Financial Literacy – Our first piece of advice for Black female entrepreneurs comes from Tae Lee, the founder of Never Go Broke, a financial education company. Lee is on a mission to help others improve their financial literacy so they can make smarter choices and build long-term wealth. Obviously, it’s important to have good financial literacy to be successful as an entrepreneur, so make sure to learn all you can about this subject.
- Build Networks – Our second piece of advice for Black female entrepreneurs comes from Mandy Price, the co-founder of Kanarys. This company provides tech tools to help organizations make positive, long-term changes on matters of diversity, equity, and inclusion. She advises fellow entrepreneurs (especially those in the DEI space) to build connections with “everyone they meet,” because you never know whose skills and experience will come in handy one day.
- Practice Self-Care – Our third piece of advice for Black female entrepreneurs comes from Shanika Valcour-LeDuff, the founder of Labor and Love, a nonprofit that provides maternal-child services in New Orleans. She encourages fellow entrepreneurs to practice self-care, making sure to fill their own proverbial cups first. “You have to make sure you are refilling yourself before you try to give to other people.”
