The Black Business Boom: The Monumental Rise of Black Female Entrepreneurship in America

Black women are among the highest growing demographics of individuals partaking in entrepreneurship within the United States. Between the years of 2017-2020, the total number of companies owned by Black women increased by close to 20%. This statistic surpassed business owned by women and Black people as a whole. Reports show the records are continuing in relevance as Black-women owned companies account of around 2,7 million business across the United States. This marker is even more profound when taking into equation that Black women make up less than 10 percent of the American population. Despite the profound growth, Black women still face systemic barriers when looking to embrace entrepreneurship, such as loan approval rates, funding access, and often times much smaller start-up capital, among other things. 

Maja Sly is a businesswoman, real estate broker, and a homeowner advocate who has accumulated nearly twenty years of entrepreneurial experience. Maja’s is relentless in her career and brings along a much needed level of expertise and knowledge for the Black women receive from. Maja has seen much success as a realtor in her career, having closed a multitude of million dollar real estate deals. Maja has also shown to be a major figure in the beauty industry as well. Through her commitment has she been able to orchestrate the existence of many corporations that appeal to different beauty lovers in the world. Some of the businesses she operates includes Walk-in Weaves, PrettyHair Now, PrettyTech Inc, amongst other business ventures. She also offers business coaching through her Pretty Powerful University, using her platform to connect with other entrepreneurs to grow their companies and become powerhouses in business just as she has become.  

Leave a Reply

Discover more from

Subscribe now to keep reading and get access to the full archive.

Continue reading