News — entrepreneurship

Nigerian Afrobeats star and Grammy Award-winner, Burna Boy has clocked the enviable title of the first African artiste to have at least three albums being streamed 100 million times each on the global audio streaming service platform Spotify.

This revelation was contained in a tweet by music curators Chart Data. Burna Boy’s last three albums, African Giant, Outside and Twice As Tall, have each received the 100-million mark appreciation from listeners. This makes the Nigerian, whose real name is Damini Ebunoluwa Ogulum, the most sought-after Afrobeats star.

The record falls into a better perspective when Burna Boy’s works are compared to those of his compatriots among whom include Wizkid and Davido. The pair have also attained 100 million streams on at least one previous album. But together, Burna Boy, Wizkid and Davido are currently Africa’s most recognizable musical acts globally.

Twice As Tall was awarded best global music album at this year’s Grammy Awards, and a lot of the praise went for Burna Boy’s mother and manager, Bose Ogulu.

Ogulu was named as one of the 2021 International Power Players by Billboard. Billboard’s International Power Players list recognizes industry leaders nominated by their companies and peers and selected by Billboard’s editors, with primary responsibility outside the United States, Billboard said. Honorees included label executives, music publishers, independent entrepreneurs, artist managers and concert promoters.

Ogulu, also known as Mama Burna, was recognized for her work amid the 2020 pandemic, when she co-executive-produced, released and promoted the Twice As Tall album for her Grammy award-winning son, Burna Boy, Billboard said.

Mama Burna herself comes from a proud family associated with music. Her father, Benson Idonije, was a popular radio host and Afrobeat legend Fela Kuti’s first band manager. Getting exposed to the music industry and the Nigerian art world at a young age, Ogulu was inspired to study languages. With a Bachelor of Arts in foreign languages and a Masters of Arts in translation from the University of Port Harcourt, she worked as a translator for the Federation of West African Chambers of Commerce.

Todd Baldwin was raised by his single mom. Now 27 years old, he is a millionaire with multiple streams of income. What’s more, Baldwin saves 80% of his earnings and does not engage in frivolous expenses.

The serial entrepreneur started working when he was only 12 years old. He would save much of what he earned as he considered it as not only a sound financial management practice but fun. “It’s actually really fun being able to buy something and then choosing not to,” he tells CNBC.

The African-American entrepreneur now brings home $615,000 annually ($305,000 after business expenses) from his multiple businesses. His mixed-income comes from rental properties, his day job working in commercial insurance sales, and the extra cash he makes as a secret shopper.

He owns six rental properties with his wife, Angela, which brings in the majority of the revenue he makes. For instance, they earn $460,000 per year in rent and keep about $150,000 of that per year after expenses such as mortgage payments, taxes, insurance, and utilities.

“Although our net worth is seven figures, we don’t do a lot of the typical things that most people envision millionaires doing. We are super frugal,” says Baldwin.

The entrepreneur says he is able to save as much as 80% of his income because he keeps his expenses so low. He does not pay for entertainment like movies or restaurants because he gets paid for that as a mystery shopper. He gets paid for dining out, grocery shopping, seeing movies, and visiting hotels and casinos.

“There are a lot of businesses out there that want to know how their employees are doing and how the market is responding to their products,” he explains. “So those companies will hire mystery shopping firms to find independent contractors like me to go pose at their establishment as a regular customer, buy the product or service and then report on it.”

Baldwin started mystery shopping while he was in college and has so far made $30,000. Since he started mystery shopping, Baldwin and his wife spend around $25 on food. Another thing Baldwin tries to avoid is spending money on needless bank account fees or credit card charges.

Despite being very conscious of what to spend his money on, the serial entrepreneur has no qualms about spending on his wife. Even that, he needs approval. He recalls spending $500 on a designer purse for his wife but she took it back and exchanged it for a $60 purse.

“My wife is more frugal than I am!” he says. “A couple of years ago, I bought her a designer purse for like 500 bucks. But when I surprised her with it, she immediately took it back, exchanged it for a $60 purse at Macy’s, and then we invested the difference.”

Valerie Moran was born into a family of five children. Originally from Zimbabwe, her parents were successful entrepreneurs. Her mother was a beautician while her dad owned many businesses including a school uniform factory, bakery, and a property investment firm.

Besides her parents being entrepreneurs, several of her uncles and aunties were university professors and deans at universities. Education was highly promoted in her family. She went to college to study COBOL/Fortran/C (programming language) and graduated to become a talented Systems Analyst. While in Zimbabwe, there was no work for a Woman-In-Tech, so Valerie moved to London, she said in an interview with Anne Marie Ruby.

She co-founded Prepaid Financial Services (PFS), which specializes in financial technology with her husband Noel Moran in 2008. As a couple, they own 81.5% shares in the company. Valerie solely owns a 16.3% stake in the company.

She became the first employee of the firm, serving as its Implementation Project Manager after quitting her paid job. She managed to put the company on the global Regulated Financial Services map. Today, her firm is one of the most successfully managed fintech organizations in the world, posting profits for 10 conservative years.

Valerie moved to London in 2003 when Zimbabwe went into recession. She now lives in Ireland with her husband Noel. They are jointly worth $278 million, according to the Sunday Times Rich List 2020. In 2019, Valerie became the first and only Black woman in the top 1,000 people of The Sunday Times’ annual Rich List, which ranks Britain’s super-wealthy.

Valerie and her husband had started PFS at a kitchen table in London. In its first year of operation, PFS lost $43,000. They also unsuccessfully tried multiple ways to raise funds. They fell back on their savings to keep the company running. They eventually landed a big client and moved into an office space at London’s Hanover Square. Their company is now operating in 25 countries, 12 years on. The firm, in 2018, posted a profit of $9.8 million, according to the Irish Times.

The company has also won multiple awards. It was awarded the Queen’s Award for Enterprise: International Trade 2017 by HRH Queen Elizabeth II and the British Government. In September 2019, the couple also won the Business of the Year Award from the European Business Awards.

Valerie told IdeaMensch that her typical working day lasts about 15 hours, from 9 am until midnight. “During the working day, I spend time trying to catch up with Team Managers to help things move along, especially where they are waiting on decisions from me. After the normal working day, I then get time to catch up on emails and my own workload,” she said.

Her long working hours also tie with her work ethic of listening, learning, and accepting feedback. For aspiring entrepreneurs who want to be like her, Valerie said they should commit 100% to whatever they are doing.

“Work hard and give 100% to your work effort. Leave no stones unturned so that at least if you have to walk away you know you have given it your best shot,” she said.

Coviello Salinès’ father, Freddie Francisco Salinès, introduced him to cooking and winemaking at a young age although his dad wanted him to become a neurosurgeon.

“He wanted me to be like the early Ben Carson, so he would bring home large brain books for me to study,” Coviello told Soul Vision Magazine. “They were 1,000 pages long, breaking down analysis and all this different stuff with him,” according to Travel Noire.

Coviello’s parents migrated to Southern Bronx from the Caribbean. His father was a serviceman while his mother was a nurse. Cooking was his father’s big hobby and he would often pair different wines and beers and things that match with the food that he made, Coviello recalled.

After completing a university in Ohio where he studied biochemistry and minored in petroleum engineering, Coviello worked in the engineering field for a while before he was discouraged from the field by the wide-scale land destruction, racism, and nepotism.

It was at this point that he decided to venture into winemaking, after all, he had been introduced to it in his formative years when his father was alive. He traveled to Geneva to meet his friends. While in Geneva, he learned about the unethical practice of wine coloring. Coviello got to work on a scientific blueprint.

“I started writing out the formula of not only the derivative of grape skins but the anthocyanin compound that is in multiple fruits and vegetables,” he told TravelNoitre. “I also wrote the analysis of spectrum when it came down to the acidic to pH scalability of these different types of skins that allowed the molecular breakdown of that compound to sustain another color.” 

“So at that point, I started researching it, I figured out a formula that I was comfortable with, and I brought it to a few of the researchers and a few of the people that I was close with. And we started to find different areas that we can start sourcing these products,” he said.

He also traveled to Italy, known for producing some of the finest wines in the world, to learn more about preparing wine. He finally managed to come out with a product he so desired.

“It broke down every single avenue of the color spectrum of blue,” he said of the final result. “So when you look at the bottle, it has every single hue of blue attached to it, which I wanted to achieve but I didn’t think it was possible.”

After successful trials, he launched Amour Genève, the world’s first FDA, TTB, and EU-approved natural blue. His blue wine is now making waves in several countries, including the United States. “People are loving it. They’re loving the story. They’re loving the journey and the shape of the business. It’s just, it’s just all beautiful.”

Also, the wine is linked to his father as the wine’s trademark color of blue is his late dad’s favorite color.

By age 19, Moses Shepherd was working at Sunoco gas station in Detroit and eventually became a manager. While at Sunoco, he ran eight stores and made all of them profitable. Although his work was draining, for Shepherd, it was an opportunity to learn as much as possible.

“I worked 12 hours a day, six days a week for a salary of $375. But it really wasn’t the money at all, it was about what they taught me, so eventually, I could write my own paycheck,” he told Chains Detriot Business.

After nearly four years at Sunoco, Moses left to start a music distribution company where he supplied music to gas stations across Detroit and later, countrywide.

His business became profitable and he decided to expand it. “I had three record stores — one in Pontiac, one in Detroit, and one in Inkster. So, as the market turned, I decided to shutter the stores, and I had an idea to start selling music and electronics to prison inmates,” he said.

He started selling music to one prison in 1996 and by the year 2000, he was supplying 3,500 prisons across the country. “This was the product that I had manufactured in China and shipped over here. And they were transparent, so the inmate couldn’t hide any contraband,” he said.

Everything was going on well for Moses until he became vindictive. Wanting to put an ‘enemy’ out of business, he withheld investment in his profitable prison business and got back into the rack distribution business. “So it goes to show where my mindset was, right,” he said. “And when I did that, I went out of business. It was a flop. So, I lost that business, and I lost the prison distribution business.”

Shepherd lost almost everything he had labored for and he barely could afford anything. He started reading real estate books but couldn’t buy the books, so he had to sit in the bookstore and read them.

His credit was however marginal enough to be able to buy a house and fix it up. “…My books told me that I can buy this house for $50,000. My book said (list) the house for $65,000, and I can pull $15,000 back at the closing.”

With time, he started buying more houses and ended up with a couple of hundred houses over in between the University District, Bagley, and Grandmont-Rosedale Park. He had so many houses that he actually controlled what the rents were, he said. By 2008, he had started buying the entire neighborhood.

After making it big in the real estate sector, Shepherd decided to invest in the fuel business. He launched Ace Petroleum in 2017, starting one of the nation’s largest minority-owned fuel suppliers. In 2020, ACE Petroleum obtained a $27 million contract with Detroit to supply fuel services for the city’s police cars, emergency medical vehicles, fire trucks, buses, and other transportation units. It is a contract for five years.

The stories of refugees pursuing economic ventures to contribute to the growth of their host country are replete in the literature. However, because of their status as refugees, their success stories are often not given attention in the media. In cases where stories of refugees are reported, they are often about their involvement in crimes and other social vices.

Despite the seeming lack of growing interest in the economic persuasion of refugees which leads to job creation, some of their success stories have attracted the world’s attention. One of such is Kanyi Maqubela, who migrated to the US with his family as refugees from South Africa.

The US remains one of the favorite destinations of refugees worldwide partly due to their refugee policies and their respect for human rights, although those were nearly wiped out during the Trump administration.

Kanyi arrived in the US at the height of the apartheid regime in South Africa. After living in debilitating conditions in his own country, he and his family felt migrating to the US will pay off for them. And as faith would have it, Kanyi has become a successful entrepreneur in the US and his parents got employed.

Kanyi co-founded Kindred Ventures with Steve Jang after successfully raising $56 million. Kindred Ventures is a seed-stage venture capital fund based in San Francisco, California. According to Shoppe Black, Kindred Ventures has invested in over 40 companies located in North America, Asia Pacific, Europe, Latin America, Middle East, and Africa. Previous Kindred Ventures investments count companies like Uber, Coinbase, and Virgin Hyperloop One.

Also, Kanyi recently raised $100 million in capital commitments from a mix of major university endowments, foundations, fund-of-funds, and strategic investors, according to Techcrunch.

Kanyi and Jang have served as founders, early employees, and advisors in several pioneering technology startups. Kanyi also served as a Partner at Collaborative Fund, where he was an early advisor to Tala and Walker & Co., and a board member at Buffer, Camino Financial, Spruce, and True Link, a post on Kindred Ventures’ website said.

In addition to co-founding Kindred Ventures, the Soweto born is also a co-founder of Heartbeat Health, a telehealth platform for cardiology that incorporates telemedicine, remote diagnostics, and digital heart health programs.

Indeed, Kanyi prides himself on founding the only virtual heart health app with video visits and at-home diagnostics. The app now has over 20,000 patients or subscribers as per its figures in 2019.

Despite making it in the US, Kanyi and his family’s story ‘in the land of freedom’ was not all rosy. They lived in a homeless shelter and were on food stamps until his mother got a job as an ESL teacher at Fashion Institute of Technology, and his father got a job as a cashier and coat checker at the Museum of Natural History, according to Shoppe Black.

Today, both parents are not only gainfully employed, but they are both accomplished educators while Kanyi did undergraduate and graduate studies at Stanford University, where he majored in Philosophy, and studied among others computer science, chemistry, physics, and mathematics.

He taught elementary and middle school math and science and claimed to have worked on Obama’s 2008 campaign team. “I really enjoyed being on the teaching team for Design Your Life, a class for undergraduates out of the Stanford Design Program,” he says on his website.

“We’re over-mentored and under-capitalized,” the venture capitalist told Bloomberg on why Black businesses need investment than activism. “I believe there’s an opportunity to use the acute national attention to catalyze structural change but it doesn’t happen on its own.”

There is nothing more rewarding and inspiring than to see women of color set new standards and trends through entrepreneurship. African American women were among the fastest-growing groups launching and owning new businesses according to Forbes. Tenisha Williams, CEO of Elite Realty Partners, is no exception. She has established and grown the largest Black woman-owned real estate brokerage firm in the Miami/Fort Lauderdale (South Florida) area—breaking $100 million in sales in just over two years.

While this is an impressive milestone, Williams and her Elite team show no signs of slowing down but are staying focused by remaining positioned and purpose-driven to help more individuals and families achieve their goals of homeownership and real estate acquisition. Currently, there are 140 agents with virtually no marketing efforts. Much like Chick-fil-a customers, agents keep on pouring in—what a wonderful problem to have.

Williams, a former county worker, knew from the onset that she was not there to stay. While fellow employees were content with great benefits and the future hopes of retirement, her sights were set on higher aspirations. In 2017, during a mother-daughter trip to St. Lucia, she was settled after speaking with her husband that she was not returning to work. She was convinced that she found her purpose through the love of real estate, and she had made her first six figures working part-time.

When asked to what she attributed the accelerated growth of Elite Realty, Williams credited it to her faith and favor from God. She was determined to put in the work and remain faithful. Although she manages a large team, there is a culture of family where no agent is an island. The benefits are the friendships that have been established, the collaboration of agents, the joys of winning together, and the willingness of helping one another succeed.

Williams says that she is more than a CEO, but a coach at heart that pours into her team keeping them pumped and empowered to crush their goals. Her passion to help and develop other agents are innate. However, the ability to manage so many personalities synergistically was initially a struggle. As a former correctional officer and teenage mom, her strong personality seemed curt at times. She quickly learned to master the right delivery in communication and messaging without hurting or offending others in the process.

“The pressure is unimaginable. Sometimes I cannot sleep at night because my brain will not stop thinking of ways I can add more value to my team,” Williams says of the pressure of running a top brokerage firm in South Florida. “I truly am invested in their careers, so I take the responsibility seriously. This is not a task for the weak at heart.”

Of course, striking a delicate balance between work and family is vital, so self-care is a must and Sundays are exclusively reserved for family.

Elite Realty Partners is also considered a ministry (serving the needs of others) to many agents and customers. There has been an overabundance of customers and agents breaking through various hardships and setbacks, bouncing back to victory with the help of the brokerage. For example, some agents did not sell one house at their former brokerage, and after coming on board with Elite, they become top producers selling millions in real estate.

“Some agents come through the doors timid and withdrawn, then evolve into bold and assertive real estate warriors. It is beyond amazing to witness,” she says.

As the head of the largest Black woman-owned brokerage firm in her area, Williams remains humble, grateful, and thankful to the Lord for being chosen and entrusted with such a huge role. Her mission is to change the narrative and diversify the faces in real estate throughout the Miami/Fort Lauderdale area. She and her team are always ready to do the work and reap the rewards that lie in the days ahead.

Most kids like to enjoy a bowl of cereal in the morning for breakfast. For one Black male entrepreneur, his love of the treat inspired him to develop his own brand of cereal dedicated to offering more representation of Black culture for youth.

Connecticut-based Nic King is the owner of Proud Puff Cereal, a vegan-friendly cereal featuring characters representing various aspects of African American culture. He came up with the idea in the middle of the night and said the idea behind the box design was to offer a positive representation of a Black family and household with his characters.

“I was sitting up in my bed and pulled out my phone and started scrolling in my phone seeing all these scenes from Minneapolis. And seeing a lot of companies talking about their initiatives involving Black creatives and going forward to help out the Black community,” King said in an interview with The Darien (CT) Times. 

 “The whole box has meaning, from the characters to a two-parent Black household, to the positive affirmations on the back of the box, as well as the facts on the side about iconic Black legends that helped shape our culture”

King revealed on his Instagram page that he has already received 1,000 pre-orders for his cereal and shared the company’s progress toward mass production. This brings the total to 4,000 since the new year began. He explained that he is looking for a larger crowdfunding platform to raise funds to grow his products and capital to produce large quantities for customers.

“In today’s climate, I believe a product like this is so important. We’ve been dealing with blatant racism, why Black Lives Matter Too, Diversity Inclusion, Systemic racism and so much more,” King writes on his website. “This cereal isn’t only for black people but rather it is a cereal owned by a black man. This is a cereal any and all families can enjoy as they start their morning on a journey to having a great day.”

South African-born entrepreneur Elon Musk has seen his fortune rise to $195 billion, making him the richest man on earth, according to Bloomberg Billionaires Index. Until Thursday, Amazon founder Jeff Bezos was the richest man in the world with a net worth of $185 billion.

The Space X and Tesla founder was pushed to the top spot after shares in Tesla rose by more than 6 percent on Thursday. Since the start of 2020, Tesla’s capitalization has grown from $80 billion in January 2020 to just over $760 billion as of Thursday, according to NBC News, while his personal fortune rose by more than $150 billion last year.

The new evaluation is more than eight times the combined values of the traditional “Big Three” U.S. automakers — GM, Ford and Fiat Chrysler, NBC added.

“How strange,” Musk tweeted Thursday. “Well, back to work …”

“Musk’s wealth surge over the past year marks the fastest rise to the top of the rich list in history — and is a dramatic financial turnaround for the famed entrepreneur, who just 18 months ago was in the headlines for Tesla’s rapid cash burn and his personal leverage against the company’s stock,” CNBC wrote. “Tesla’s rocketing share price — which has increased more than ninefold over the past year — along with his generous pay package have added more than $150 billion to his net worth.”

Musk started 2020 worth about $27 billion and was not among the top 50 richest list. However, he passed Warren Buffett to become the seventh-richest person in July. He gained more wealth than Bill Gates to become the second-richest person in November and has since gained more wealth over the past 12 months than Gates’ entire net worth of $132 billion, according to CNBC.

While Bloomberg’s Billionaire Index ranks Musk as the richest man in the world, Forbes’ Real-Time Billionaires lists Bezos ahead of him. Bezos tops Forbes’ list with $184 billion while Musk comes in second with $177.2 billion.

However, according to CNBC, Forbes evaluation did not include the value of Musk’s options, which he received as part of his pay package, to buy more than 33 million shares of Tesla.

Last year, Musk’s Space X launched two crewed missions to the International Space Station, the first of it in the U.S. since NASA retired its space shuttle fleet in 2011, according to space.com. In all, Space X launched 26 missions in 2020.

Dwight Neptune was studying electrical engineering when he picked up drone making as a hobby in high school. Little did he realize that his hobby would morph into establishing a drone company at the age of 18.

He is now the CEO of a drone startup, Beagle Drones. “I wanted to build something that people enjoy and saw FPV as the entryway to building really cool tech products,” he told CNBC.

Together with his friends, Neptune created a prototype of FPV drone off-the-shelf parts. They later sold it in May 2017 to test the market. It worked for him and his colleagues and that was how he created Beagle Drones.

He later dropped out of Mercer County Community College to work as full-time CEO of Beagle Drones. In October 2020, the company said it was on track to make $100,000 in sales that year. According to Neptune, he is working to raise $1 million at a $4 million valuation.

Neptune is envisaging some challenges in terms of raising funds to finance the company’s operation. His fear is well-grounded as multiple publications have pointed out the difficulties Black founders encounter in raising venture capital.

According to Harvard Business Review, Black founders received less than 1 percent of venture capital. Also, 81% of venture capital funds have no Black investors while 70% of VCs are White and only 3% are Black. 

“I’ve been with several VCs, angel funds, and nine times out of 10, I’m the only Black founder there,” Neptune told CNBC. “Our team is extremely diverse by default because our C-suite and our founding team is diverse, and it just attracts other people that want to work with a diverse group.”

Neptune dreams of becoming one of the household names in the tech space and one of the first Black founders to pull off a billion-dollar tech company. On its website, Beagle says it operates on the concept: “A one-stop shop for beginners to experience drone racing.” “It’s easy,” it says, adding: “We do all the hard work, so you don’t have to.” 

The New Jersey-based company which sells two different drones — priced at $130 and $400 — released its third drone, NOVA, on Kickstarter last November. NOVA is described as “a ready-to-fly, FPV drone equipped with a built-in 4k camera and lightweight cyberpunk shell design.” Its lightweight design makes it ideal for travel and for both indoor and outdoor flight.

The coronavirus pandemic not only disproportionally affected Black-owned businesses, but it has also delayed the opening of many companies led by Black people.

In the midst of all the uncertainties in the business world, particularly over concerns whether existing and new businesses could make a profit, three Kentucky brothers have defied all odds in a pandemic era to roll out their own distillery.

Known as Brough Brothers Distillery, it is the first and only Black-owned distillery in the state of Kentucky. It was founded by brothers Victor, Bryson, and Christian Yarbrough who were born and raised in Louisville, Kentucky. Their ambition was fueled by their desire to operate a Black-led distillery in a sector that has been widely dominated by Whites. Their distillery will provide job opportunities and economic growth for the community of Park Hill, a historically underserved area of Louisville’s West End, according to a press release announcing the commencement of operation of Brough Brothers Distillery.

“Brough Brothers has an opportunity to not only provide employment opportunities for our local community but also design an experience for locals and tourists in the heart of one of Kentucky’s cultural hubs,” Brough Brothers CEO Victor Yarbrough said. “At a time in history when there is much attention on Louisville, we are excited to represent positive change and hope for and on behalf of our city.”

Currently, Chris and Bryson serve as the company’s chief marketing officer and chief operating officer, respectively.

The Federal Alcohol and Tobacco Tax and Trade Bureau first approved Brough Brothers Distillery in August 2018 and was recognized by Kentucky’s Senate as the state’s first African American-owned distillery in August 2020. It was subsequently approved by the Kentucky Alcoholic Beverage Control Board in September.

Meanwhile, its bourbon shop will be open for business to bourbon enthusiasts by appointment only in spring 2021. So far, customers have praised the product for being one of the smoothest on the market.

“I hope people are able to come to the West End and see a rose in the concrete, and are able to see there’s beauty there, there’s people willing to improve the community there, and we would like to see other businesses come in, as well as tourists and other supporters, to not just support our business, but surrounding businesses in the area,” CEO Yarbrough said in an interview.

Brough Brothers currently has major distribution partnerships in five states, including KY, FL, TN, IN, and CO. It will expand its distribution to another 20 states in early 2021, the release said.

The world of work can sometimes be vulnerable to shocks and global events leading to job cuts or losses. For instance, the COVID-19 pandemic has affected the revenues of many companies, resulting in job cuts and dismissals.

Before the pandemic, hiring and firing was a normal occurrence in the world of work. Many adapted, nonetheless. Others found jobs elsewhere while others decided to open their own firm or become their own boss.

Such is the story of Patrick Glanville, who is very skilled in making chocolate. After years of going through the horrific experience of being dismissed, rehired and fired again, he felt he had had enough and wanted to be his own boss.

Glanville launched his own chocolate company, 3 Some chocolate, a chocolate brand that combines 3 flavors into 1, and offers it in a pack of 3. The company was created by his desire to utilize his skills as an artist and culinary artist, according to Blackbusiness.

Since he established the company in 2017 with his partner, Kristin Parker-Glanville, it has recorded more than 400,000 units sold with over 75, 000 customers dotted across the United States and beyond. It recently saw a spike in online sales, making over $130,000 in less than a month.

Born and raised in Southside Jamaica, Queens, Glanville learned the art of chocolate making from his grandmother at the age of 10. He became a certified chocolatier after studying at the Barry Callebaut Chocolate Academy in Lebbeke, Belgium alongside his partner, Kristin.

Kristin, born in Lower East Side of Manhattan, doubles as the CFO/Co-CEO of 3 Some Chocolates. She also has a background in business administration, operations and finance. Her job includes working to protect the company’s brand.

With his background in graphic design, management, and sales, Glanville created the design of the products as well as the website and recipes while being in charge of marketing.

Just like many Black startups, securing funds to expand the business is often difficult. According to the Harvard Business Review, Black founders receive less than 1 percent of venture capital. Black women founders represent less than 0.2% of companies that receive such funding. Also, 81% of venture capital fund have no Black investors while 70% of VCs are White and only 3% are Black.

To overcome funding challenges, Glanville and his partner launched a CrowdFunding campaign where many investors have come on board to join their chocolate journey. Glanville has, as of Saturday, raised $301,236 on Wefunder.