The story of the first outstanding African-American woman with a $1 billion business has inspired many throughout the world.
Janice Bryant Howroyd
Janice Bryant Howroyd has made quite a name for herself. She was
the first black woman ever to own a billion dollar company. Starting in
1978 she opened a one-office company called Act-1 Personal Services. As
the business grew it evolved into Act-1 Group.
The company now employs over 2,500 people. There are now 240
satellite offices that are located in 9 different countries. Some of the
services that the company offers are services on executive travel
management as well as employee background checks and so much more.
Act-1 held the number three spot for the nation’s largest
black-owned company on the BE Industrial/Service list in 2011. In 2010
revenues topped $1.4 billion. Bryant Howroyd has been a keynote speaker
at the Black Enterprise Entrepreneurs Conference in 2012. She spoke
about her success and how over the last 40 years she has been able to
keep the company running successfully even through rough economic times.
Because of its growth and immense success Act-1 is now the largest
woman minority-owned business in the country.
Thanks to Bryant Howroyd’s business savvy Act-1 Group is on track
to become a $2 billion per year company. The staffing services that
Act-1 provides have been used by corporate giants such as AT&T,
Sempra Energy, and Merck. Bryant Howroyd navigated the economic
downfalls by understanding the different demands of the changing
economic climate. She also is able to anticipate the needs of her
clients and provides customized services based on those needs. This is a
large part of what has made her company continue to grow. She provides
the clients with the best possible service and understands the changes
that the economy goes through.
Bryant Howroyd says that when the economy is down it is the best
time to start a new business. She states that you may bring something to
the table that others may not have thought about before and may bring
about a service that people need in times of trouble. She says that
every company needs to think globally as well, no matter how big or
small that company is. She states that there are companies all over the
world that are offering the same services that you do so you have to
think about what is happening all over the world.
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