"All I have learned, I learned from books..."

... Not anymore.

While Abraham Lincoln was right - you can learn a lot from books - today, we also have the internet. As a small business owner, you know staying on top of your game means staying on top of your business performance and industry trends. To do that, you need to keep learning.

When you're working 24/7, you have to learn smarter, not harder. You can find pretty much everything on the internet - so we've taken a couple of minutes to share some sites that can provide tips to growing your business. Let us know what you think, save them, and share them.

Check these out:

  • Alice - a free platform for entrepreneurial resources & advice with a supportive community
  • YouTube has a top 25 small business channel list - check it out
  • SCORE is a trusted SBA resource partner and always has great advice for small business owners. SCORE also provides free recorded webinars here.

Keeping the Dream Alive

Sophie Macey had just launched Bayou City Interpreting when Hurricane Harvey hit.

Read more to see Sophie’s journey and how LiftFund helped keep her dream alive.

“I’m proud of the fact that I never gave up. It’s only been two years, but I’ve accomplished so much… If it wasn’t for LiftFund, [success] wouldn’t have happened for me.” 

Read more to see Jac’Quay Martin’s journey and how LiftFund supports #BlackGirlMagic.

National Black Business Month & Filling the Gaps

As we celebrate Black Business Month with over 2.5 million black-owned businesses across the nation, we also recognize the challenges they still face. A recent study by AEO showed that entrepreneurship is a key path to gaining wealth for black communities, but also recognized the Wealth Gap, the Credit Gap, and the Trust Gap as the three major barriers to small business ownership.

ProjectDiane would agree. This ongoing study shows the obstacles black women have to overcome when starting a business - like how despite their high level of education, they only receive $42,000 in funding compared to $1.1 million for an average startup. When access to capital and a lack of assets is already an issue, these statistics show we need to do more.

LiftFund aims to address these gaps. We bridge the toughest barrier first - the Trust Gap - and build a relationship with the small business owners in our communities so we can prepare them for whatever capital help they need.

Black entrepreneurs are driven and talented; we hope to be one of the solutions to help them succeed. Learn more about how to support black entrepreneurs in your community.

LiftFund is a non-profit financial and business consultation organization that helps diverse entrepreneurs strengthen their businesses, stabilize and increase their incomes and assets, create employment and contribute to the economic revitalization of their communities. 

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