Defender Network’s Post

Dr. Felicia Phillips, a master business strategist and founder of The One Million Dreamers Foundation, is making waves in the business world with her commitment to empowering Black entrepreneurs. With a background in program development, supplier diversity, and leadership training, she has become a prominent figure in bridging the gap in resources and relationships that often hinder Black businesses from scaling and sustaining. The Mogul Summit, her foundation's flagship event, is set to become one of the leading conferences for women of color in business, and it's coming to Houston this summer. The summit aims to connect with progressive Black business owners and ensure they are aware of and have access to the resources available through the Small Business Administration (SBA) and other channels. Dr. Phillips emphasizes the importance of relationship-building and diversifying business strategies, including government contracting, corporate partnerships, and other means. She also stresses the importance of having a solid business foundation, which includes proper back-office support, strategic planning, and a team that can help scale the business effectively. In her career, she has faced numerous challenges, particularly those unique to Black women in business. She offers key strategies to effectively launch a successful business, including clarity of objective, strategic planning, seeking help and building partnerships, and prioritizing networking. What are your thoughts on the challenges faced by Black entrepreneurs and the strategies they can employ to succeed in today's business environment? https://lnkd.in/g6niVgGd #blackentrepreneurship #womeninbusiness #mogulsummit #smallbusinesssolutions #relationshipbuilding

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