Su Sanni - DollaRide - Financial Freedom

Source: Taji Morris / Dollaride

Business is more than just an idea, it’s a way of life, and if you want to be a successful entrepreneur you have to love the process. Many people strive for financial freedom, but few actually get there. This wasn’t a problem for Su Sanni, CEO, and Co-Founder of Dollaride. The steady-nerved yet humble entrepreneur has created his path to financial freedom by learning what it means to a have businessman’s mindset and sticking to it.

His company Dollaride helps riders access affordable transportation, enables drivers to grow ridership and equips businesses with tools to offer commuting options that are less expensive than existing alternatives.

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Many Black business owners have great ideas, create amazing business plans, and even have substantial success in their business ventures, but still find themselves struggling to make ends meet. It’s not because of a lack of passion, but instead a lack of knowledge, especially when it comes to raising capital.

A report from McKinsey Global Institute found that Black founders only received 1% of venture capital investment funding. And that “while Black Americans are more likely to start businesses than any other ethnic group, they are up against tougher challenges from the get-go.” Their average startup capital totals about $35,000, compared with $107,000 for white entrepreneurs.

But Su Sanni didn’t have these issues. He was able to not only raise meaningful capital for his first startup but also sell it for six figures to pursue Dollaride. His success is a story any Black entrepreneur should know.

I had a chance to sit down with the cerebral CEO to pick his brain on what it takes to be a successful Black entrepreneur.  Check out the interview below.

Grab a pen and pad because you don’t wanna miss these gems. Financial Freedom is right around the corner!

Source: The Mindset Of An Entrepreneur: How This Black Man Achieved Financial Freedom Before 40

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