Steve Harvey Encourages Entrepreneurs To Aim For Ownership Instead Of Paychecks

Steve Harvey shared an inspiring story at the 2022 Invest Fest, encouraging all entrepreneurs to strive for ownership.


As the key speaker at the 2022  Invest Fest, Steve Harvey shared an inspirational story that encouraged Black entrepreneurs to demand ownership and not be so quick to accept a paycheck.

The legendary comedian expressed how he turned an embarrassing error into a multi-million dollar ownership opportunity.

After apologizing more than once for mistakenly announcing the wrong winner of the 2015 Miss Universe pageant. 

Show producers asked Steve to return the following year and host again. Having to take responsibility for a mistake that was not his, Harvey declined the offer.

The Emmy award-winner wouldn’t return to host the show until he had stakes in the Miss Universe Organization.

As a result, the Family Feud host acquired part-ownership of the organization and has been hosting pageants since 2015, proving real wealth is in ownership. 

Black-owned businesses continue to arise throughout the U.S, and according to the Census Bureau, there were an estimated 134,567 Black-or African American-owned businesses in 2021.

Lil Baby made sure that 100 people in Atlanta were getting paid. 

The Grammy award-winning rapper partnered with Atlanta business owner Lemont Bradley to provide new job opportunities to their community.

The duo is focused on boosting the economy and lowering the crime rate in the city. 

In an interview with CBS46 News in Atlanta, they both share their excitement for the new impactful project and their plans to give back to the community’s youth.

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