A RAINBOW OF ROLE MODELS {WEDNESDAY SERIES} – Ten {10} Most Powerful Business Quotes From the Business Titan – Earl G. Graves Sr.

Ten Most Powerful Business Quotes From the Business Titan – Earl G. Graves Sr. – A RAINBOW OF ROLE MODELS {WEDNESDAY SERIES}

I celebrate ACHIEVEMENT EVERY DAY!  WEDNESDAY SERIES – “A Rainbow of Role Models”, highlights role models of ALL colors.  “There is dignity, in achievement and success—in becoming, a great factor in civilization.” Carter G. Woodson. 

I hope you will share these short articles, and perhaps a few people will be curious to learn more.

Disclaimer: Good Day, Readers.  WealthBuildingPowers blog is a financial literacy/competency blog and does not provide specific investment recommendations.  

Today, April 6 marks the second anniversary of the passing of Earl G. Graves Sr., the visionary founder and publisher of BLACK ENTERPRISE, at age 85.

As the celebration of his legacy pursuits, we are reminded that the iconic entrepreneur, corporate board pioneer, activist, and philanthropist, continues to pave the way for generations of Black business leaders, entrepreneurs and executives.

Graves, who was a successful Business titan, exuded power in his business and in his advice for business success. Here are ten powerful Earl Grave business quotes that will continue to empower Black people to win. 

https://flip.it/W2JAp4

WILIPEDIA SUMMARY- EARL GILBERT GRAVES SR

“Earl Gilbert Graves Sr. (January 9, 1935 – April 6, 2020) was an American  entrepreneurpublisher, businessman, philanthropist, and advocate of African-American businesses. A graduate of Morgan State University, he was the founder of Black Enterprise magazine and chairman of the media company Earl G. Graves, Ltd. He was the director for Aetna and Executive Board member of the Boy Scouts of America.

BUSINESS VENTURES

He undertook his first job at the age of seven selling boxed Christmas cards for his uncle. His territory was severely limited due to his father’s rule that he could only sell to people living on their side of the block.

While at Morgan State University, Graves made a name for himself as an entrepreneur. Realizing that there was a big market for flowers during Homecoming Week, he went to two competing local florists and cut deals with both to sell flowers on campus. For a percentage of the profits, the florists provided the flowers while Graves covered the campus.

His time serving on the SBA’s advisory board and his direct work with the agency would lead Graves to his belief in the need for advice to businesses in economic development and urban affairs, which convinced him to create an annual newsletter that would chronicle issues relevant to black business people, and raise awareness of the importance of black consumer power. At the suggestion of then SBA Director Howard J. Samuels, Graves would expand the concept of a newsletter into a full-fledged magazine. 

Graves started Earl G. Graves, Ltd, and under that holding company he began the Earl G. Graves Associates management consulting firm. In August 1970, the first issue of Black Enterprise magazine would hit newsstands. Earl G. Graves, Ltd would grow to include a number of divisions including publishing, marketing, radio, television and event coordinating arms. The firm is the co-owner of the private equity fund Black Enterprise Greenwich Street Corporate Growth Fund, an equity partnership formed with Travelers Group, Inc. The fund aims to invest and promote minority operated businesses. 

In 1990, Graves and Magic Johnson purchased the Pepsi Cola bottling franchise in Washington D.C., and Graves served as CEO until 1998, when he sold his ownership to Pepsi.[5][6] He held board and director memberships with a number of other corporations, including AMR CorporationDaimler AGFederated Department Stores and Rohm and Haas, as well as board member of the American Museum of Natural History and Hayden Planetariumin New York City. He was also a member of the Board of Trustees of Howard University.”  

https://en.wikipedia.org/wiki/Earl_G._Graves_Sr.

LET’S MAKE SOME MONEY – CRYPTOCURRENCY IS ACCEPTED!

 

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IT IS TIME TO STOP PAYING LIP SERVICE TO DR. MARTIN LUTHER KING JR.

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I am a proud nerd (as my beautiful wife and daughter have told me) investment and finance blogger with an N.C. State, Chemical Engineering, University Rutgers, MBA and Harvard University, Advanced Management education.

I left a corporate career because I desired to make a difference as a speaker and writer. I was blessed to be coached and mentored by strong women and men in my family and professional life.  It is my time to serve and give back.

DISCLAIMER

I started my first business at ~13 years of age (a small but brilliantly created plant nursery). I am a successful investor in stocks, options, real estate and am happy to share my finance and investment lessons.  I am NOT a licensed financial advisor.  Please do not construe my suggestions on this blog as recommendations for your situation. As an investor, you must establish your risk/loss tolerance. Investment in any asset involves risk, including complete loss. 

 Please seek your licensed CPA or fiduciary financial advisors for individual financial advice.  

I write this weekly blog to make an impact by reaching an audience and demonstrating the need for financial literacy. I will help you get there.

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Powers Investments Management, LLC

This blog will provide, information and simple strategies, that will assist you to achieve YOUR financial objectives and long term targets. For over 30 years, I solved multi-million dollar problems, for Fortune 10-250, companies. My formal education includes: Business, Finance and Chemical Engineering {Problem Solving} at: Harvard, Rutgers and North Carolina State. And an additional 30+ years, managing my family’s investment decisions. I currently manage/advise people with net-worths ranging from the tens of thousands to several million dollars.

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