Overcoming the Odds: She was a C student and a college dropout, but she is the CEO of Black Ambition.
The Steve Harvey Morning Show23 Joulu 2025

Overcoming the Odds: She was a C student and a college dropout, but she is the CEO of Black Ambition.

Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Felecia Hatcher.

Purpose of the Interview

  • To spotlight Black Ambition, a national initiative founded by Pharrell Williams that funds and mentors Black and Brown entrepreneurs.
  • To share insights on entrepreneurship, access to resources, and strategies for scaling businesses.
  • To inspire and educate small business owners and innovators on how to leverage opportunities for growth.

Key Takeaways

  1. About Black Ambition

    • Founded by Pharrell Williams to close the opportunity gap for Black and Hispanic entrepreneurs.
    • Provides capital, mentorship, and masterclasses to help founders scale.
    • Has invested in 131 companies and awarded millions in funding.

  2. Competition Structure

    • Annual national competition with 2,500–3,000 applications.
    • Categories include HBCU, National Finalists, Top Prize Winner, People’s Choice.
    • Process: Applications → 250 semifinalists → 3-month cohort → Demo Day for top 20–25 companies.

  3. Unique Approach

    • Focus on high-quality mentorship, not “low vibrational” guidance.
    • Includes mental health and wellness support for entrepreneurs.
    • Partnerships with brands like Louis Vuitton for luxury retail insights.

  4. Challenges for Entrepreneurs

    • Many fail by rushing applications and skipping info sessions.
    • Success requires clarity, traction, and persistence—sometimes multiple attempts.
    • Black women are the fastest-growing entrepreneurs but often remain solopreneurs; Black Ambition prioritizes team-building.

  5. Pharrell’s Motivation

    • Believes in democratizing opportunity: “Talent is not equally distributed by zip code, but opportunity can be.”
    • Inspired by those who believed in him early in his career.

  6. Felecia Hatcher’s Journey

    • Former founder of Center for Black Innovation and Black Tech Week.
    • Emphasizes resilience: “I’m a C student and a college dropout, but I never let that define me.”
    • Advocates for creative pathways to success and capital access.

Notable Quotes

  • “Success leaves clues.” – On learning from past winners.
  • “Talent is not equally distributed by zip code, but opportunity can be.” – Pharrell’s guiding principle.
  • “If it doesn’t work on you in that moment, it works for you in that moment. Either way, it works.” – On persistence.
  • “We have to start enjoying the process… be stretched, be cut by the process.” – On entrepreneurial growth.
  • “Wealth has a need for speed.” – On urgency in closing the wealth gap.

#SHMS #STRAW #BEST

Support the show: https://www.steveharveyfm.com/

See omnystudio.com/listener for privacy information.

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