In Good Companies

Starting and running a business or managing one isn’t for the faint of heart. You’re balancing internal and external forces in a continually changing landscape. This is where Cadence Bank’s In Good Companies comes in. We share our wealth of knowledge–and insights from noted industry experts–to guide you through the forces shaping business today. It’s hosted by Patrick Pacheco, an EVP and President of Cadence Asset Management and Trust, who has more than 25 years’ experience and is a self-proclaimed lifelong learner. He leads discussions with business owners and subject matter experts about how they’re tackling business challenges like: ● What are ways to grow my business without growing my debt? ● How can I turn my data into meaningful information? ● Why is company culture more important than ever? It’s information you need, in one place, in under 30 minutes. More than 250,000 listeners tune in each week...

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episode 10: Opportunity for All: John Hope Bryant on Building Up Entrepreneurs


Often, the story of an entrepreneur is focused on exceptional individuals. But every entrepreneur knows that they can’t do it alone. We all need a helping hand to reach our true potential. That’s especially true for those from underserved communities. So how do we empower entrepreneurs? What can we give them, and what do they have to do for themselves?


To find out, we spoke with John Hope Bryant, an exceptional individual himself. John’s been called “The Conscience of Capitalism,” advising  three sitting U.S. presidents, and was named one of Time Magazine’s “50 Leaders for the Future.” His nonprofit, Operation HOPE, is the largest nonprofit provider of financial literacy, inclusion, and economic empowerment tools in the United States.


An entrepreneur himself, John knows the barriers that minority business owners face. So on this episode, we hear what John has learned from his journey, the challenges and opportunities of minority entrepreneurship and Operation HOPE’s “One Million Black Businesses” initiative. We’ll cover how to build networks, capital, and belief in budding entrepreneurs.

Listen in to hear how our powerhouse guest empowers entrepreneurs with hope.


Highlights:

  • Introduction to Operation HOPE (1:47)
  • How entrepreneurship changed John’s life (3:59)
  • Enterprise can create generational wealth (5:48)
  • John’s first business at 10 years old (7:21)
  • How the Rodney King riots changed John’s perspective (10:06)
  • The origins of Operation HOPE (11:15)
  • Barriers to entrepreneurship (12:28)
  • Never give up (12:51)
  • Empowering entrepreneurs with belief (14:28)
  • Helping an entrepreneur build their network (16:20)
  • One  Million Black Businesses (19:30)
  • How entrepreneurs can empower themselves (21:47)
  • “Just do something” (23:20)
  • The 3rd Reconstruction (24:45)


Links:

  • Cadence Bank Website
  • Cadence Bank Twitter
  • Cadence Bank LinkedIn
  • Operation HOPE
  • John Hope Bryant Holdings
  • John Hope Bryant LinkedIn
  • John Hope Bryant - Books
  • Operation HOPE - 1 Million Black Businesses
  • Operation HOPE - Small Business Development
  • Cadence Bank - SBA Loans
  • Inc. Magazine - How to Empower Underrepresented Entrepreneurs
  • Forbes - Eight Ways to Support Your Fellow Entrepreneurs


Feedback:

If you have questions about the show or topics you'd like discussed in future episodes, email our producers, sheena.cochran@cadencebank.com or danielle.kernell@cadencebank.com.



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 May 23, 2023  25m