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 7: [Fan Favorite] John Hope Bryant on Empowering Entrepreneurs and Championing Minorities in Business
'Tis the season to be thankful! While our team takes a short holiday break, we’re bringing back a fan favorite episode from last season. It's our way of saying thank you for making “In Good Companies” a success.
So together, let’s revisit a conversation that got us thinking about what it means to champion diversity in entrepreneurship. Because when in business, 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 speak with John Hope Bryant, an accomplished entrepreneur 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.
Having built his own path in entrepreneurship, John knows the barriers that minority business owners face. So in 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 Patrick and our powerhouse guest, John Hope Bryant, discuss empowering 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 Dev
● elopment
● 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.