National Entrepreneur's Day is a fairly recent national holiday that came into prominence in 2010 when our forever POTUS Barack Obama proclaimed it as such. Since then, the official day has fallen on every third Tuesday of November, meaning this year, November 17 is the moment we raise our glasses in a toast to all of the self-made entrepreneurs out there who have made a bustling empire virtually out of nothing. We see you, sis! Between the endless hours of hard work and the blood, sweat and tears that goes into growing a vision into its fullest potential, the road to being self-made is not one without sacrifice.
Furthermore, as Black women, entrepreneurship holds even more of a special place in our hearts as we strive to become our ancestors' wildest dreams by stepping into our true power. And as the fast-growing group of entrepreneurs in our nation, becoming our own bosses gives us the tools to write our own paychecks in a world that tells us our worth is 63 percent of what non-Hispanic white men are paid. In that way, entrepreneurship has acted as a vessel for Black women to take control of their career and financial destinies while living lives that they love.
To commemorate this National Entrepreneur's Day, here are 11 of our favorite entrepreneurs elevating their hustle and making money moves in 2020 and beyond that you need to follow ASAP.
Courtesy of Monique Rodriguez
Founder and CEO of Mielle Organics, Monique Rodriguez is a millionaire mogul through and through. The SHEeo went from being an RN and preparing her hair coveted hair products at home to having her products line the shelves of over 100K stores worldwide -- and we live! She credited her self-made journey to millions to a vision planted in her heart and mind from God.
In an xoNecole exclusive, she shared that her entrepreneurial endeavors took root well before she knew it was possible for her efforts to bear fruit. And this year, she sought to create a similar legacy with the creation of More Than a Strand. She told xoNecole in regards to her story:
"I want people to look at me [and] I want them to see themselves in me. And to see that, listen, this was a girl who was just from the Southside of Chicago that had a dream and she was able to accomplish her dream. She had a lot of faith and little experience, but look what she was able to accomplish."
Follow Monique on Instagram @exquisitemo.
Courtesy of Watchen Nyanue
Founder and CEO of I Choose the Ladder, Watchen Nyanue is doing her best to provide Black women in corporate spaces with the tools to "climb the ladder" of success the way that they want to achieve it. The Liberian-born entrepreneur saw a void in the opportunities and rooms Black women were allowed access to and sought to change it with the creation of her career consulting company as well as her career summit, The Climb. It's clear elevating Black women is her mission. She revealed to xoNecole:
"I love us for real. If you get us in a position to win, we're always going to make sure that we all win."
Follow I Choose the Ladder on Instagram @ichoosetheladder.
Courtesy of The Lip Bar
The Lip Bar founder Melissa Butler has come a long way since facing rejection from the critically-acclaimed ABC series Shark Tank. The self-proclaimed "rebel with a cause" dared to be different and dared to be great by turning her "no" into the only "yes" that mattered: her own. She fought for her brand of cocktail-inspired bold vegan lipsticks to become what it is today, a bonafide beauty empire that now includes foundation and a recently-launched concealer. In conversation with xoNecole earlier this year, Melissa shared how the customer stays at the forefront of her mind as a leader:
"I'm understanding that in time, things change, the customer's needs change. My job as the leader of the organization is to make sure that I'm always serving the customer."
From startup to household name, Melissa is definitely an entrepreneur to follow.
For more of Melissa, follow her on Instagram @melissarbutler.
The Brown BohemiansCourtesy of The Brown Bohemians
The Brown Bohemians are culture curators and co-founders Vanessa Coore Vernon and Morgan Ashley who together spearhead the mission to being the change they wish to see in their community with The Bohemian Brands. The two, who started as best friends before evolving into business partners, created their brand to emphasize the color that is often washed out of the bohemian space. In addition to self-care, intersectionality is a huge focus of the duo and painting a lifestyle brand representative of the fully-realized self-expression of Black and brown bohemians. This year, the entrepreneurs dropped their latest project, a 200+-page coffee table book, Brown Bohemians: Honoring the Light and Magic of Our Creative Community.
When discussing their intention of infusing their Black and queer identities into their brand, Morgan Ashley shared with xoNecole:
"Identifying as a woman, a Black woman, and a queer Black woman is extremely important to me. I would like to say that I put a ton of attention behind it and always want to put it on the forefront, but it just happens organically because those are things that I'm so proud to be. It just comes across in everything that I do. Blackness and conversation around race and ethnicity are in everything."
To follow Vanessa, follow her @thebazaarbohemian and to follow Morgan, follow her @oaklantathebohemian.
Jamisa McIvor-BennettCourtesy of Jamisa McIvor-Bennett
Jamisa McIvor-Bennett is a testament to the financial freedom that can be waiting for you on the other side of generational wealth and an impressive multi-million-dollar real estate portfolio. The now-26-year-old was 19 working in a supermarket when her grandmother changed her life by giving her a quitclaim deed transfer to her house for a total of $400. That property would lay the groundwork for the portfolio of 21 properties and counting she owns under her belt. The real estate guru spoke to xoNecole earlier this year about her path and dropped gems on how others could follow suit:
"Right now, my portfolio total is $3.2 million, cash flow is a little under $50,000 a month."
Let's just say, we'll have what she's having.
For more of Jamisa, follow her on Instagram @rosebudsinvestment.
Alex ElleCourtesy of Alex Elle
Alex Elle is a true testament of the abundance that await you when you stand firmly in your truth and allow transparency to reign supreme. The former blogger has worn many hats and had many businesses, but known of them stuck quite like words have. The healer has used her gift with the pen to touch others and become a leader in the self-love movement. Since amassing hundreds of thousands of followers on Instagram, Alex has also lent her gifts to writing, authoring books like Love in my Language and the recent After the Rain.
In a recent conversation with xoNecole, she revealed how doing the (inner) work led her to her best life:
"When it comes to my process: self-choosing has been like a prayer; it's been a meditation and a mantra. Being able to hold myself accountable when I get it right and when I get it wrong has really been the greatest lesson in writing for me. The turning point was knowing I wanted something different in my life and knowing that I could access it, I just had to show up and do the work, even if it was scary and daunting. And it still is sometimes."
Follow Alex on Instagram @alex_elle.
We all live for moments when well-deserved brands or creators get the credit that they are due. At xoNecole, we love ourselves some dope skincare, so of course MoonxCosmetics came on our radar. The black woman-owned vegan skincare brand is founded by entrepreneur Mariee' Revere and had the ultimate viral moment earlier this year when they made $1.8 million in sales in 9 minutes.
Though the company has been a thing for three years, they truly started to see the fruits of their labor this year after 20,000+ orders catapulted them into seeing Ms in sales in a matter of minutes. Next up, we're sure we'll see the beauty entrepreneur's brand lining the shelves of our favorite retail stores. Keep glowing and growing Queen!
For more of Mariee', follow her on Instagram @parmoonx.
Jasmine JordanCourtesy of Jasmine Jordan
Jasmine Jordan's father might be a legend, but the mogul-in-the-making is establishing a legacy all her own through her pioneering work with the Jordan brand. Although some people might feel that she has a leg up in life because of her famous dad, Jasmine has worked hard for her opportunities and her subsequent wins. In conversation with xoNecole earlier this year, she noted:
"Do I reap the benefits of it being his daughter? Absolutely. But I have no right to claim those things, and I never do because those are his accomplishments. I'm his daughter and I'm still going to make a name and do whatever I need to do so people can see me for me."
"If I can have my work ethic, my accomplishments, and my success on projects outshine the fact that I'm my father's child, then my job is done."
For more of Jasmine, follow her on @mickijae.
Tika Sumpter & Thai Randolph
Courtesy of SugaBerry
The ladies behind SugaBerry are Tika Sumpter and Thai Randolph. With the modern-day mom-focused brand is a major pivot in Tika's career who has shifted from acting to pour into entrepreneurship. Alongside Thai, the co-founders are inviting moms of color to indulge through their website, social media platforms, and podcast. In a conversation with xoNecole, Tika stated:
"There are a million websites on motherhood, and we were barely there."
Thai shouted out the significance of SugaBerry's presence in this space by adding:
"Historically, Black women have not been depicted as vessels deserving of care. We've seen in a caretaker's context. The idea that there should be indulgent self-care afforded us...that is a foreign concept to so many people."
Follow Sugaberry on Instagram @thesugaberries.
Are you a member of our insiders squad? Join us in the xoTribe Members Community today!
Featured image by Shutterstock