Lessons on Success From Resilient Black Entrepreneurs

This Black History Month will be unprecedented and represents history in the making. It’s the Black History Month celebration that follows a community that is still being ravaged by COVID-19. Numerous commentators have compared the events of the race riots in the summer of 2020 to uprisings that took place in 125 cities in the aftermath of the April 4, 1968 assassination of Martin Luther King Jr .

According to USA Today , there were protests in 700 cities and towns in the aftermath of the death of George Floyd. In addition, the Black community has suffered from an outsized share of economic losses due to COVID-19 .

In my book Holistic Wealth , I spoke about this “emaciation effect”, which is a phenomenon that affects people of color who have to deal with regular stressors in addition to a lifetime of racial discrimination, which also affects our ability to achieve holistic wealth.

As host of the Holistic Wealth podcast , I have had the honor of interviewing some of the most resilient entrepreneurs who’ve shared how they have weathered significant setbacks. In honor of Black History Month, these are lessons that we can all benefit from to build successful businesses and leave an impact on humanity.

Here are three of the most important lessons on success from some of the most resilient black entrepreneurs.

To Overcome Funding Hurdles — Focus on Your Unique Story