New York Life Panel Offers Black Businesses Tips To Enhance Their Firms And Themselves

by Jeffrey McKinney June 27, 2024 New York Life panel offers strategies to help Black small business owners scale and generate individual wealth. Much like baseball, stellar triumphs in business are calculated by analyzing data for the players and the team. Those stats can help entrepreneurs apply actions to compete better, adapt quickly to changing business conditions, and even potentially spur steady revenue growth. With a presence in Birmingham, Alabama, since 1902,  New York Life (NYL) recently conducted “Swing for Success: Driving Growth for Black Business Owners & Entrepreneurs” there. The panel, attended by 150 local small business owners and others, provided financial tools and strategies to help entrepreneurs scale up, accumulate wealth, and build economic prosperity for themselves. The panel included Leilani Rivers, advanced planning consultant, NYL; Nan Baldwin of the Birmingham Business Alliance; and Danielle Hines, CEO and founder at CREED 63. Stacey Graham, managing partner of the Central Alabama General Office, NYL, was the moderator. The event included a fireside chat with former MLB player and business owner Dexter Fowler. The nation’s largest mutual insurance company, NYL, is home to about 30,000 policy owners in Birmingham and nearly 85,000 in Alabama. In 2023, the firm provided $12...