Starting a business is a lot of work, but it can also be one of the most rewarding experiences in your life—if done correctly. Before starting on your passion project and turning it into a lucrative side hustle, it’s a good idea to plan thoroughly for any financial or mental setbacks that may occur. That being said, this list is solely to inspire and generate ideas among black female entrepreneurs for potential business ideas. The world is ours to take over, black women. Let’s go.
At this point, more than half of my annual purchases are made towards a black owned company. From underwear, to toothpaste, to bathroom wall prints and head wraps, there’s a black-owned company for almost anything. However, when it comes to fashion and clothing, there seems to be a severe lack of black-owned organizations that sell anything more than the generic t-shirts with afro prints that we’ve all seen.
As a self-proclaimed fashionista, I can only wear a t-shirt with a #buyblack logo for so long, before the lack of variety gets seriously boring. Especially in the colder climates of Canada, it’s just not a realistic clothing choice. However, wouldn’t it be great if there were dozens of black-owned companies that could rival H&M’s fall-knit sweaters, with a wide selection of tons of stylish denim jeans as well? If starting a business is something you’re prepared to do, consider beginning a company that caters to all types of fashion!
With the rise of bullet journaling and gorgeous stationery, anyone with a passion in business and creative eye for design has the potential to create a profitable stationary business. Whether you start an Etsy business by selling hand-made journals or hand-made dual brush pens in all colors, or you start an offline business, there are plenty of opportunities and lots of money to be made. There are currently a couple companies like African-American Expressions that sell holiday cards for black people and high-quality journals, washi tape and pens, but there is always room for more!