Interested in starting your own entrepreneurial journey but unsure what to expect? Then read up on our interview with Kevon Chisolm, Founder of Black Wallstreeter Consultation, Executive Director of Junior Wallstreeters, located in Gainesville, VA, USA.
What's your business, and who are your customers?
So, I have two businesses, one for-profit and one non-profit. The first Black Wallstreeter Consultation. The service's primary function is helping others start investment clubs. Our motto is Building Wealth Through Investment Clubs. We assist anyone interested in starting an investment club.
Junior Wallstreeters is geared toward decreasing the wealth gap via financial literary after-school programs and summer camps. Our customers are primarily underserved youths between the ages of 11-18 and, on occasion, adults. Our motto is Empowering Youth with Financial Wellness.
Tell us about yourself
I wanted to pursue a business in that I could include my son. I wanted him to learn about running a business at an early age. I also wanted to start a business that I was passionate about the products and services that we would provide to others. Just knowing that we are making a difference in our clients' lives now or in the future motivates me every day, especially since we are not always paid for our services.
What's your biggest accomplishment as a business owner?
When we received our first-year contract to provide financial literacy services last year. It was our biggest accomplishment because it gave me the opportunity to see my vision "come to life."
What's one of the hardest things that come with being a business owner?
Understanding and accepting that failure is not a bad thing all the time. Using failure as a learning opportunity can help you succeed in the future. Failure may also give you the opportunity to pivot and start another business. To paraphrase Media Mogul Cathy Hughes: do "good" first, and the money will come later.
What are the top tips you'd give to anyone looking to start, run and grow a business today?
- Use your local Small Business Administration, business schools, and law schools for assistance with starting and growing your business.
- Find something that you are passionate about because, in the start-up phase, sometimes you might not get paid for your products or services.
- Don't expect your family and friends to support you even if your products and services help them. Just believe in your vision and keep striving to be the best business in your industry.
Where can people find you and your business?
If you like what you've read here and have your own story as a solo or small business entrepreneur that you'd like to share, then please answer these interview questions. We'd love to feature your journey on these pages.
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