Entrepreneurship 101
This term refers to the practice of building a company using only personal savings or revenue from the business itself, without outside investors or loans.
What is Bootstrapping?
FAMU's marching band, famous for its precision and energy, goes by this nickname.
What is the Marching "100"?
The historic number of Black-owned employer businesses (companies with paid workers) the U.S. surpassed for the first time.
What is 200,000?
This short, persuasive speech about your business idea should be deliverable in the time it takes to ride an elevator — usually 30 seconds to 2 minutes.
What is an elevator pitch?
FAMU was founded on this date in 1887, opening with just 15 students and 2 instructors.
What is October 3, 1887?
This industry has the largest number of Black-Owned businesses in the United States
What is Health Care and Social Assistance?
This type of individual investor provides early-stage startup capital in exchange for ownership equity or convertible debt, often filling the funding gap between friends-and-family money and venture capital.
What is an angel investor?
This FAMU alumnus and engineering grad co-founded Rainforest Films and went on to produce blockbuster films grossing over $1 billion.
Who is Will Packer?
On average, approximately how many employees work at each black-owned employer firm in the United States?
What is about 10 employees?