The Network Journal was among the startups that year. While the total number of U.S. businesses has increased by 10 percent since then, from roughly 20.8 million to 23 million, the number of Black-owned businesses grew 45 percent, from 824,000 to 1.2 million.
One of the remarkable reasons for the success of The Network Journal has been its ability to pay attention to trends and to heed the advice it often publishes.
Lately, Alfred C. Winkler, M.D., has been frequenting barbershops in New York City’s minority communities. His mission: turn barbers into educators who can teach clients the importance of early prostate-cancer detection through screenings.
By relocating their luxury and exotic-car dealership from a Long Island suburb to Harlem, New York City’s historical center of Black culture, Macky Dancy and Tyrone Hill are betting that the alignment with the highly recognized, culturally evocative name of Harlem will prove a winning formula.
Cullen was the only African-American swimmer on the 43-member Olympic team; and John Cruzat, national diversity specialist for USA Swimming, the national body governing competitive swimming in the United States, hopes Jones’s gold will make a big splash in minority communities.
If no more for the euphoria that has attended the election of Barack Obama as the nation’s 44th and first Black president of the United States, there is noticeable change in economic, political and cultural affairs.
At 34, Tindall became Hawkins’ first African-American partner. He moved on to successful careers at other law firms before joining Edwards Angell Palmer & Dodge in 2007.
Ackneil M. Muldrow III is a partner in the mergers and acquisitions service of Akin Gump Strauss Hauer & Feld L.L.P., one of the world’s largest law firms.
Phillip Isom is a partner in the New York City office of O’Melveny & Myers L.L.P., where he specializes in the formation of private investment funds.