According to certified financial planner and CNBC Contributor, Lazzeta Braxton, now is a great time for African Americans to create their own business. Braxton, co-founder and co-CEO of 2050 Wealth Partners, says aspiring young Black entrepreneurs should get out of their comfort zone, expand their network, participate in pitch competitions to win funding, hire people that understand the numbers, and most importantly, always be passionate about their business.
Gabby Goodwin, Rachel Holmes, and Christon Jones are good examples, and all have several things in common: they’re young, they’re Black, and they were all business owners before the age of 20.
To acknowledge Juneteenth, CNBC + Acorns Invest in You: Ready. Set. Grow. is highlighting Black entrepreneurship as a path to financial freedom. Here is advice from these three young Black entrepreneurs on keys to early success and overcoming challenges.
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