Russell Innovation Center for Entrepreneurs’ Post

Sponsorship isn't always about the "big" moments like putting somebody forward for a promotion or giving them the lead on a new project. Sometimes it's the everyday 'sponsorship-in-action' moments that make a huge difference. Here's a story that illustrates the incredible power of those moments: Alisha Austin, an employee at a Wall Street firm, had just won a big promotion and was taking her seat at a managing directors meeting when the meeting chairman barked at her, “Alisha, I need you to take the minutes.” Alisha’s sponsor, John O’Connor, responded instantly: “Let’s get someone in here to take the minutes because Alisha’s not doing it. She’s going to be contributing to this meeting.” “I was so appreciative of John’s action that day,” Alisha told us. “The fact that he jumped right in was huge. He’s a big part of the reason why I’ve stuck with this firm.” . . . #WomenInLeadership #SponsorshipOverMentorship #Mentorship #ProfessionalDevelopment #LeadershipDevelopment #WomenInConstruction

In my book 37 Business Thoughts, I highlight "Your Team will make you or break you" Watching these clips from the Black Wealth Summit, I can't help but smile at my phenomenal team, having fun and getting things ready 💥💥💥

These Black pioneers likely had no idea where their businesses would go when they first started, yet their ventures still thrive today. It might be the same for you as you contemplate starting your own business. This is your moment to make history. Create a legacy that leaves an impact, and we've got you covered with resources and support along your journey: https://lnkd.in/g4RWkXk9

I'm still decompressing from one of the most thoughtful orientations I've ever been to: the Goldman Sachs Black in Business program. This was, without a doubt, the most intentional and thoughtful event I've ever attended. It was a good reminder of the importance of being intentional about where you're spending your money. It's not just about holding an event for Black entrepreneurs—it's about investing in that mission through every single detail. For instance, if you have a swag bag and you're serving diverse founders, everything in that bag needs to be sourced from diverse founders. This commitment goes a long way in showing your audience just how much this initiative matters to your organization—by showing up with your dollar. While there is value in providing emerging entrepreneurs with resources, there is immediate support in becoming customers of those businesses. And of course, I couldn't post without a subtle reminder that Nosh Posh offers healthy and deliciou snacks, all sourced from BIPOC- and women-owned companies. We're happy to work with you to create a tailored option for your next event or meeting. Step up your snack game with ease. (My DMs are open! 😉)

Why It Matters:

Sponsorship isn't always about the "big" moments like putting somebody forward for a promotion or giving them the lead on a new project. Sometimes it's the everyday 'sponsorship-in-action' moments that make a huge difference. Here's a story that illustrates the incredible power of those moments: Alisha Austin, an employee at a Wall Street firm, had just won a big promotion and was taking her seat at a managing directors meeting when the meeting chairman barked at her, “Alisha, I need you to take the minutes.” Alisha’s sponsor, John O’Connor, responded instantly: “Let’s get someone in here to take the minutes because Alisha’s not doing it. She’s going to be contributing to this meeting.” “I was so appreciative of John’s action that day,” Alisha told us. “The fact that he jumped right in was huge. He’s a big part of the reason why I’ve stuck with this firm.” . . . #WomenInLeadership #SponsorshipOverMentorship #Mentorship #ProfessionalDevelopment #LeadershipDevelopment #WomenInConstruction

Ideas seem small until they aren’t. Last week, The Honey Pot Company struck a $380 million dollar partnership deal with Compass Diversified. As a solopreneur or small personal brand, inking a deal of this magnitude may seem unfathomable. Especially in those early years of bootstrapping your business. But how would you move if you knew it was possible? I’m passionate about helping Black creators protect their brands — which, historically, have been subjected to predatory business practices that take advantage of our IP and lead to wealth generation in every community EXCEPT the Black community. But it's not just about protecting your brand. I'm even more passionate about helping you turn your IP into an asset that can be leveraged into generational wealth. That’s what Beatrice Dixon has managed to do with this deal. What was once a “small” idea is now being leveraged through the power of collaboration to build wealth for generations to come. 👏🏾👏🏾👏🏾 In tomorrow’s edition of The Contract Corner Newsletter, I’m sharing the three most important things to consider before entering a brand partnership.  🌟 If growing your impact through brand collaborations is a goal this year, be sure to subscribe to the newsletter for more insights! 🌟 https://lnkd.in/gmY6deJt #brandpartnerships #blackcreatives #blackentrepreneurs #iplawyer #playbig

Many of us say, "If I can just reach one person in the room" on the leadership journey. This has been an essential tool to encourage me to continue my journey. After branching out and taking the big step of being a podcast guest and sharing my unique view of leadership, I wondered if any of my teammates watched the podcast. I got my answer from a teammate who shared his thoughts on the podcast with me. After he left my office, it was clear I "reached one person" and inspired them. These types of interactions are essential in our leadership journey and can help us continue the journey. I hope this post helps another person BELIEVE they can "unearth the true boldness within!" #BELIEVE2024, #TrueBold #Leadership #Leadershipjourney #leedon

🚀 Triumphs of Entrepreneurial Superheroes: FAMMO Cleaning Service (FCS), a beacon of Black Excellence, embodies the spirit of a superhero on a mission. Founded and operated by Black entrepreneurial visionaries, FCS reflects the strength and resilience of an entire community: Breaking Barriers: With passion as power, FCS shattered glass ceilings, proving that dreams have no bounds. Innovating Impact: Just as superheroes safeguard cities, FCS safeguards spaces, elevating hygiene standards through innovation. Empowering Change: FCS champions inclusion, showcasing the transformative power of diversity in leadership.   🌟 **Join the Movement:** FCS invites you to be part of this extraordinary narrative. Just as superheroes assemble, we're seeking driven individuals to join our dynamic team and contribute to our mission of cleanliness, health, and community upliftment.   Let's celebrate the superhero in every entrepreneur and embrace the unique powers that Black Excellence brings to the business world. Together, we can create a world where innovation, diversity, and success shine brightly.   #EntrepreneurialSuperheroes #BlackExcellence #DiversityInBusiness #Innovation #CommunityUpliftment #JoinOurTeam

Very interesting listen on all aspects of David’s business career thus far.