41. Minding My Black-Owned Startup Business with Roxann Smithers

Impostrix Podcast

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What do new business owners need to know as they start their businesses? Let's find out in our Season 3 premier episode with featured guest Roxann Smithers!
It's Black Business Month and we are celebrating with our Black Biz Mini-series sponsored by the Smithers Law Group!
Kicking it off right are words of experience and wisdom from Atlanta based business law attorney and mediator, Roxann Smithers. Roxann brings a rich background as an attorney, speaker, teacher, low-key writer, YouTube show creator, mentor, and super active volunteer. Roxann shares on her passion for supporting Black entrepreneurs and small business owners. This conversation also takes a brief detour to discuss how Roxann is on a mission to reclaim the term "spinster" (single adult woman) by challenging societal expectations on women- super interesting, I support this.

Get ready to rethink the concept of job stability and the autonomy that comes with entrepreneurship. Roxanne and I address the initial shock of shifting from employee to entrepreneur, reframing it as an opportunity for unparalleled growth. We compare the responsibilities of running a business to the journey from adolescence to adulthood, highlighting the new challenges and freedoms that come up. By discussing the myths surrounding traditional employment and the newfound control in entrepreneurship, we provide actionable insights for those contemplating making the leap.
But the conversation doesn't stop at business ownership; with Roxanne's wisdom, we examine the internalized biases that often lead to harsher criticism of Black-owned businesses and offer practical advice on supporting minority-owned enterprises. From cultivating essential business relationships to the importance of accountability partners, this episode is packed with valuable guidance.
Key Topics Discussed:

• Internalized inferiority complex in business relationships
• Importance of legal and financial support for entrepreneurs
• Building a network of support and mentors in the business community
• Strategies for doing business with family and friends
• Circulating dollars within the Black community to support Black businesses

I loved this conversation and I know you will too!
How to Connect with Roxann:

• Watch "The Ladies' Room" on YouTube at HFN Streaming
• Visit Roxann's website at www.stulawgroup.com
• Follow Roxanne on LinkedIn, Facebook, and Instagram @smitherslawgroup and @spinsterroxy.

Connect with me (Whitney) on IG @impostrixpodcast and @willsforthepeoplega! I love hearing from you.
Thanks to Chris Aiken of DigitalREM for editing!
I am a creative entrepreneur and want my fully customizable and attorney-created services contract.
Sponsor:
Smithers Law Group LLC, Your Trusted 360 General Counsel
www.stulawgroup.com/contract-bank
Wills for the People
Advancing wealth equity through intentional, accessible, culturally responsive and transformative estate planning services and education. Available in Georgia only.
www.willsforthepeoplega.com
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Chapters

1. Venturing Into Entrepreneurship and Reclaiming Identity (00:00:00)

2. Transitioning From Employee to Entrepreneur (00:11:56)

3. Navigating Business Ownership and Relationships (00:28:15)

4. Navigating Business Relationships and Support (00:35:50)

5. Building Business Relationships and Support (00:44:23)

6. Embracing Spinster Situation Validation (00:52:58)