Suffer No Fools – Entrepreneurship

After slavery, several African Americans became entrepreneurs.
Those who provided the highest quality services became successful, thanks to the free market.
In Suffer No Fools, Williams wrote that black entrepreneurs began to exploit market for fellow blacks as well as whites.
By the mid-19^th century, Thorny Lafon became a real estate dealer in New Orleans.
His fortune totalled 8 million dollars in today’s money.
William H. Brown founded the first black bank in Virginia.
Junius G. Groves was born a slave in Kentucky, but when he went to Kansas, he became the country’s largest individual potato grower.
In Concord, North Carolina, Warren Clay Coleman received financial assistance from wealthy white businessmen to find his Coleman Textile Manufacturing Company.

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