This week’s Business Spotlight is on Toraine Lee of the 7-0-4 Plan.
About Toraine:
Lee is transforming his life to represent his entrepreneurial spirit. He is positioning himself as a trendsetting blogger, author, consultant, speaker and coach who’s sharing his purpose in life. From Charlotte, NC, Toraine earned a degree in Business Administration. After some life changing events that include being incarcerated and having a near death experience, he awoke with a new perspective on life that transpired to higher ambition and drive. Read more here.
What is the 7-0-4 Plan?
The 7-0-4 Plan, a community –based project, is a revolutionary campaign to promote diversity and inclusiveness in the Charlotte, NC business community. This movement is positioning itself as
an initiative for growing minority businesses in the local community.
It is founded upon five guiding economic ideas to foster entrepreneurship. Two of them are to create entrepreneurial workshops and create substantial alliances.
With this movement, what do you hope to see for businesses and the community?
To see the North Carolina business owner’s, strengthened in their education and strategies to effectively run a thriving business.
To provide the resources needed to write and be able to effectively present a business plan that will give them the foundational principles and leverage needed to obtain grants, loans and investors to make their businesses a success.
The 7-0-4 Plan seeks to impact locally on a worldwide basis; putting the city on the fast track to explosive job growth and increased tax revenue base. By providing the community access to a powerful blend of intensive training, counseling, financial guidance, peer coaching and networking – all focused on assisting minority entrepreneurs build strong community and corporate partnerships that support the revitalization of Charlotte, North Carolina.
How did this business/plan get birthed?
Causing a catalyst for discussion among business leaders, Bob Johnson, former owner of the Charlotte Bobcats (now the Charlotte Hornets) noted to 200 local black business people at the Westin Hotel, “Charlotte is a very, how would I call it, close knit, arrogant, sometimes incestuous town…” .
After reading the aforementioned article in the Charlotte Observer on May 2, 2010 discussing the lack of a robust African -American business community, the 7-0-4 Plan became my brainchild. An extensive research was conducted to understand the link between entrepreneurship and economic growth, the role of entrepreneurship education, identification of entrepreneurial traits and examination of different teaching methods. Research was done through different components and now reflects my vision of how to build a diverse business community.
For more information be sure to connect with Toraine Lee of the 7-0-4 Plan here:
Are you a business ready for a spotlight on the BougieBlackBlogger? Well send me a message and we will get you posted!
BOSSES WHO SLAY: GENERATIONS UNITED LLC CUSTOMIZED PHONE CASES
Do you create the products you sell? If so, tell me more.
Generations United has a graphic design team that create the designs. Generations United has a manufacturing group that manufactures all of our own phone cases and license plates. We also, have a sales team compromised of family members throughout the United States.
CicelyRenee: This is what I call the Beehive/Ant Hill Mentality, where everyone in the family has their specific talent and they use those talents to build. This is so inspiring.
Who is this product for and why?
The products are for the Veterans and currently there are very few and limited high quality case designs. This is for the military personnel, we have the best designs for them that I have ever seen. We also have the black fraternities and sororities which are limited smart phone cases for their members and we also have black colleges and universities coming this year.
CicelyRenee
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