10 Black-Owned Businesses Founded & Run By Women

Business

As promised, the year has been sprinkled with a lot of Black girl magic.


We saw 16 black models light up the runway at the Victoria's Secret show in Shanghai, we watched Girl's Trip make a historic debut at the box office, and we watched Black women show their impact at the polls.

But, our most important asset is not just our ability to vote, but our ability to spend. Consumerism drives advertising, which drives corporations which in turn drives our government. It's a pretty obvious chain of events and we are the most important link. In cosmetics, we saw what happened after Fenty Beauty launched their historic 40-shade concealers and foundations. It was named by TIME Magazine as one of the best inventions of the year.

Just recently, Neilson published a report titled, "Black Girl Magic and Brand Loyalty is Propelling Total Black Buying Power Towards $1.5 Trillion." According to the report, Black women are trendsetters, and brand loyalists who are self-made and self-reliant, and the number of businesses majority-owned by Black women grew 67% between 2007 and 2012, more than all women combined.

Now that the industry is hip to the demand by darker complexions, everyone is clamoring to rethink their business model.

Cause, meet effect.

This year, I'm reclaiming my Black power and steering my coins back into the community by buying Black. So, I have been deep diving into the hashtag universe of social media and scouring the Internet in search for Black women-owned businesses that I can support by spending my coins.

Click through the gallery below to learn which Black women-owned businesses deserve your coin.

1.  LIT Brooklyn.

Founded by Denequa Williams in Brooklyn, New York. LIT Brooklyn offers a line of hand-poured soy wax candles in rich, homey scents that are sure to warm up the vibes indoors.

Featured image by Getty Images.

Originally published December 2017.

Sign up today and be the first to get notified on new updates, exclusive events, retreats and giveaways!

More Posts

Early last year, I realized I really needed to get a better understanding of me, my emotions, and my wellness.

Keep reading... Show less

Winter isn't just for cuffing season. These slow cooker soup recipes will keep you warm too, boo.

Keep reading... Show less

Our credit scores are one of those things that can be out of sight out of mind, and yet impact our entire lives. Whether we check our scores as much as we check our text messages or happily turn a blind eye, they are still impacted because of our spending habits and the way we view money.

Keep reading... Show less

Recently, I've decided that I'm releasing all opinions people have of me and how I should be living my life.

Keep reading... Show less

No matter how many stylish coats or amazing pair of boots you own, a winter wardrobe slump is inevitable. It's cold out, darker early, and comfort food is calling. These are all factors that can lead us to dressing warm and comfy, putting our stylish wardrobe pieces on the back burner. Hoodie season, anyone?

Keep reading... Show less

There's a reason the masses see working out as an irritating and daunting task. Because if we're honest, it's just not fun y'all.

Keep reading... Show less
Exclusive Interviews
Latest Posts