Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

May 21, 2025

Black Entrepreneur History

#1 Source for Black Entrepreneur History

How To Build the Independence of Others as an Entrepreneur

For many, this isn’t guess work. Reaching back and lifting others up is one of the gifts that entrepreneurs from all walks of life bring to the table that they own. There is a full course meal at the table for up and coming business owners to feast upon as they become full from all the delicacies to which they can add to their own tables one day.

The perfect example of building others through your freedom, and in this case, financial freedom is the Underground Railroad. Most people immediately think of slavery and just slavery when it comes to the Underground Railroad, however, there were many Black abolitionists who owned businesses and used their businesses to their advantage when it came to assisting those fleeing enslavement and better lives after slavery was abolished.

There were people such as Lewis Hayden, a Black entrepreneur who used his business as a place for abolitionist meetings and to help those who had escaped slavery such as one Black man named Shadrack. He was a pioneer in his time, even leading the way for a statue of Crispus Attucks.

Read the full story of Lewis Hayden here.

There was also a Black woman named Christina “Madame Carteaux” Bannister who through her wealth and prestige as a Black beauty entrepreneur, she lended herself as the president of the Black Colored Ladies Sanitary Commission, helping gain money for the families of Black soldiers who had to leave their families with no income to fight in the war.

Read the full story of Christina “Madame Carteaux” Bannister here.

These are only two stories out of many Black men and women who decided to not only become business owners but understood that their success meant the success of their people, and they would be responsible for their part in that success.

Here are ways to elevate others while a business owner:

  • Teach/Mentor
  • Provide Alternatives – Business owners may have access to items that others don’t or know people who can assist. Provide this information to help others as alternative methods to success.
  • Hire
  • Use Your Power Position as a Position for Justice – fight for equal pay and criminal justice reform. These things indirectly assist people who are on the climb in life.
  • Take the Guess Work out of Success and Write a Blueprint