Quantcast

These 3 Men Started A Million-Dollar Company To Help Single Mothers

Human Interest

As a single co-parenting mom, there isn't a day that goes by where I don't have a lot on my plate.


While juggling work, pursuing my passions and being the best mom I can be, it can be tricky keeping all the balls in the air. One of the most important links in this puzzle has been having a reliable car to shuffle the kids to and from school, getting around for my obligations and errands, and, once in a while, making time for the self-care all parents need. "Reliable" is the optimal word because my car is old, and every time something breaks down, that's an extra bag I have to come up off of. It would be a dream to have a brand new car, but the hassle of finding the right one and the idea of the credit check and potential down payment has stopped me from even thinking about hopping into a new whip.

For over 100 single mothers in the New York area, PTG365 Auto understands how important reliable transportation is to most families' livelihoods. Founded by Brandon Medford, Dave Obaseki, and Eric Whitehead, PTG365 is an automotive dealership that specializes in luxury car rentals in addition to helping low-income families get their dream cars.

Courtesy of PTG 365

These three millennial men have combined their passion for cars with their purpose of giving back to the community. The men are committed to helping women find affordable transportation, as well as repairing and building their credit which, in the long run, will help these women better provide for their children. The team also caters to a host of celebrity clients, but what makes them the ultimate go-to car dealership is their quick turnaround time and connection with various car manufacturers and banks. Within just a year of business, they have managed to build a $1.2 million dollar company.

xoNecole had the opportunity to speak with Eric and Dave about their business, why helping single moms is one of their top priorities, and how passion led them to their purpose.

Business-minded people tend to have one thing in common: a vision. For Eric and Dave, both already had a passion for the car business. Eric says that in addition to his affinity for sales, he also wanted to help people. Eric told xoNecole, "I personally would say passion, hunger, and unity started PTG365. [The three of us] were successful in the same field and we came together with this brilliant idea to take over the car industry and help individuals all over the world."

Courtesy of PTG 365

The most intriguing service these men provide is their willingness to use their expertise and connections to help single mothers secure their own reliable transportation. Because the men aren't from single parent homes, many would wonder what motivated them to go in this direction. For Eric, it was simple. "I don't like the idea of a mother raising children on her own," he shares. "I have female relatives who are single and raising beautiful children, so I know the day-to-day struggles some of them face, so I do what I can to go the extra mile to assist single female parents."

So many single parents work so hard to keep it all together, that from the outside looking in, it may not seem like they need the help. But Dave recognizes that there is a lot that goes into being a single mother and that helping these women gives him a feeling that he normally wouldn't get from simply selling cars. He said, "Helping single mothers get into vehicles gave us a different kind of satisfaction. The reason being, single mothers go through a lot of turmoil and need as much help as possible."

He continued, "Black women are queens in my eyes. I watched my mother raise me, two other kings and one other queen. Being from a foreign country, she did it all using her culture. My mom made sure we were on the right track with school and always stayed out of trouble. She did an amazing job; I love my mother. She reminds me of all the other Black women out there trying to make a way for their families."

"Black women are queens in my eyes. I watched my mother raise me, two other kings and one other queen. She reminds me of all the other Black women out there trying to make a way for their families."

Dave also revealed that the most rewarding part of his job is helping mothers gain and maintain their own financial independence. "Out of all the women I've helped, one of my favorite clients has to be Tamara Taylor, mother of two. It was her first car, and her father didn't want her to have the car. She did everything in her power to get the vehicle on her own without having him cosign on the loan, and I made sure the bank approved her. It was so rewarding to see."

With reliable transportation, moms can get the kids to school on time, run the errands, make it to work and back, all without having to worry about public transportation, the weather, and the host of other issues one might run into when you don't have the keys to your own whip. The men have helped over 100 single moms not only get a new car, but they've also helped them and countless other customers establish/repair their credit as well.

Eric mentioned that most customers, regardless of their financial status, often need some credit tweaking in order to qualify for a vehicle. He shared, "In addition to the mothers, we have many entertainers and athletes we've assisted with credit repair as well. Just because you're a celebrity doesn't mean you're knowledgeable on credit and wealth management."

Devon Knight

For some, credit can read like a foreign language, but at PT365, they have a team of credit attorneys that can help. According to Dave, "We have them work closely with our credit attorneys to remove any collections or derogatory accounts from their credit. Then we have them work with our credit specialists to educate them on how to raise their credit."

Credit is king, or queen, in America. There is very little you can do without it, and having a good credit rating is just as important as the cash you have in the bank. The guys gave us a few tips when it comes to establishing and maintain a good credit rating that anyone can use. Eric had these words of financial advice for our readers:

"My advice on credit is to prioritize. Cash in hand is good, but the buying power of credit goes a very long way."

When it comes to our needs versus our wants, sometimes we have to be willing to have some self-control. He says, "Always pay your bills on time even if you have to sacrifice! An 800 credit score has more buying power than $50,000 in cash!"

Courtesy of PTG 365

And for all our budding entrepreneurs out there, Dave reminds us that it will be a grind, but we have to not only be ready for the ups-and-downs of entrepreneurship but also be willing to pivot when the time is right. "Never quit! Be prepared for hurdles and leaps throughout your journey," Dave enthusiastically reminds us. "Success will take a jab at you even when you think everything is going perfectly. Never stay comfortable! Business always innovates, and when it does, you do the same."

Duly noted!

Here's another great example of melding your passion with your purpose. We love to see Black men in a position to not only empower themselves but also being able to translate that into empowering others, especially Black women. Looking at my car right now, I might have to give them a call myself.

To find out more about PTG365 Auto, click here. To keep up with these millennial moguls on social media, follow @ptg365!

Queen Latifah is saying no to unhealthy and dangerous lifestyles especially when it comes to her career. Since the beginning, the rapper/actress has always been a body-positive role model thanks to the range of characters she has played over the years that shows that size doesn’t matter. In an interview with PEOPLE, The Equalizer star opened up about taking on roles that don't compromise her health.

Keep reading...Show less
The daily empowerment fix you need.
Make things inbox official.

When I was ten, my Sunday school teacher put on a brief performance in class that included some of the boys standing in front of the classroom while she stood in front of them holding a heart shaped box of chocolate. One by one, she tells each boy to come and bite a piece of candy and then place the remainder back into the box. After the last boy, she gave the box of now mangled chocolate over to the other Sunday school teacher — who happened to be her real husband — who made a comically puzzled face. She told us that the lesson to be gleaned from this was that if you give your heart away to too many people, once you find “the one,” that your heart would be too damaged. The lesson wasn’t explicitly about sex but the implication was clearly present.

That memory came back to me after a flier went viral last week, advertising an abstinence event titled The Close Your Legs Tour with the specific target demo of teen girls came across my Twitter timeline. The event was met with derision online. Writer, artist, and professor Ashon Crawley said: “We have to refuse shame. it is not yours to hold. legs open or not.” Writer and theologian Candice Marie Benbow said on her Twitter: “Any event where 12-17-year-old girls are being told to ‘keep their legs closed’ is a space where purity culture is being reinforced.”

“Purity culture,” as Benbow referenced, is a culture that teaches primarily girls and women that their value is to be found in their ability to stay chaste and “pure”–as in, non-sexual–for both God and their future husbands.

I grew up in an explicitly evangelical house and church, where I was taught virginity was the best gift a girl can hold on to until she got married. I fortunately never wore a purity ring or had a ceremony where I promised my father I wouldn’t have pre-marital sex. I certainly never even thought of having my hymen examined and the certificate handed over to my father on my wedding day as “proof” that I kept my promise. But the culture was always present. A few years after that chocolate-flavored indoctrination, I was introduced to the fabled car anecdote. “Boys don’t like girls who have been test-driven,” as it goes.

And I believed it for a long time. That to be loved and to be desired by men, it was only right for me to deny myself my own basic human desires, in the hopes of one day meeting a man that would fill all of my fantasies — romantically and sexually. Even if it meant denying my queerness, or even if it meant ignoring how being the only Black and fat girl in a predominantly white Christian space often had me watch all the white girls have their first boyfriends while I didn’t. Something they don’t tell you about purity culture – and that it took me years to learn and unlearn myself – is that there are bodies that are deemed inherently sinful and vulgar. That purity is about the desire to see girls and women shrink themselves, make themselves meek for men.

Purity culture isn’t unlike rape culture which tells young girls in so many ways that their worth can only be found through their bodies. Whether it be through promiscuity or chastity, young girls are instructed on what to do with their bodies before they’ve had time to figure themselves out, separate from a patriarchal lens. That their needs are secondary to that of the men and boys in their lives.

It took me a while —after leaving the church and unlearning the toxic ideals around purity culture rooted in anti-Blackness, fatphobia, heteropatriarchy, and queerphobia — to embrace my body, my sexuality, and my queerness as something that was not only not sinful or dirty, but actually in line with the vision God has over my life. Our bodies don't stop being our temples depending on who we do or who we don’t let in, and our worth isn’t dependent on the width of our legs at any given point.

Let’s make things inbox official! Sign up for the xoNecole newsletter for daily love, wellness, career, and exclusive content delivered straight to your inbox.

Featured image by Getty Images

Jamie Foxx and his daughter Corinne Foxx are one of Hollywood’s best father-daughter duos. They’ve teamed up together on several projects including Foxx’s game show Beat Shazam where they both serve as executive producers and often frequent red carpets together. Corinne even followed in her father’s footsteps by taking his professional last name and venturing into acting starring in 47 Meters Down: Uncaged and Live in Front of a Studio Audience: All in the Family and Good Times as Thelma.

Keep reading...Show less

TW: This article may contain mentions of suicide and self-harm.

In early 2022, the world felt like it slowed down a bit as people digested the shocking news of beauty pageant queen Cheslie Kryst, who died by suicide. When you scroll through her Instagram, the photos she had posted only weeks before her death were images of her smiling, looking happy, and being carefree. You can see photos of her working, being in front of the camera, and doing what I imagine was her norm. These pictures and videos, however, began to spark a conversation among Black women who knew too well that feeling like you're carrying the world on your shoulders and forcing yourself to smile through it all to hide the pain.

Keep reading...Show less

Ironically enough—considering the way the word begins—the love-hate relationship that we have with menstruation is comparable to the way in which we navigate the world of men. It’s very much “can’t live with it, can’t live without it” vibes when it comes to women and their cycles. But the older I get, the more I learn to hate that time of the month a little less. A lot of my learning to embrace my period has come with learning the fun, interesting, and “witchy” stuff while discovering more natural, in-tune ways of minimizing the pain in my ass (those cramps know no bounds) amongst other places.

Keep reading...Show less
Exclusive Interviews
Latest Posts