Latest / The Inspired Stories Podcast / Melvin Coleman on How the Atlanta Black Chambers is Building Economic Power
Transcript
- 0:04Welcome to another edition of the Inspired Stories podcast,
- 0:08where leaders share their experiences so we can learn from
- 0:12their successes and be inspired by how they've overcome
- 0:15adversity. My name is Anthony Kotaspodi and
- 0:18today's guest is Melvin M Coleman, President and CEO of
- 0:22the Atlanta Black Chambers. This nonprofit organization
- 0:26champions the creation and growth of profitable,
- 0:29sustainable black-owned businesses by offering quality
- 0:33education programs centered around ownership and economic
- 0:37development. Now, Melvin has guided the
- 0:39Chamber since 2017, transitioning from Executive
- 0:44Director to his current role. Under his leadership, the
- 0:47organization has continued to expand its reach, winning
- 0:51recognition for promoting inclusive business practices.
- 0:55Melvin himself holds notable distinctions like the 2023
- 1:01President's Volunteer Service Award, the 2021 AB CS
- 1:06Transformative Leadership Award, and the 2019 Link Award from the
- 1:11Atlanta Association of Insurance Professionals.
- 1:15Before joining the Chamber, he was a senior account executive
- 1:19at UPS for 15 years and served in the US Navy.
- 1:23He's also the founder and chief portfolio strategist of
- 1:27Essential Wealth Management. Now before we get into all the
- 1:30good stuff, today's episode is brought to you by my company,
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- 1:56To find out if your company qualifies, contact us today at
- 1:59Add Back benefits.com. All right, back to our guest
- 2:02today, the President and CEO of Atlanta Black Chambers, Melvin
- 2:06Coleman. I appreciate you making the time
- 2:08to Share your story today. So excited to be here.
- 2:12You know this is this is so cool.
- 2:13Looking forward to having a conversation with you.
- 2:16All right, let's jump in, Melvin.
- 2:17So let's go back to your Navy days.
- 2:20Why is it that you wanted to serve in the the Navy?
- 2:23What drew you into that? Well, I think for a lot of us
- 2:28senior in high school and and you're like, I got to get out of
- 2:31my mom's house. So that was some of the
- 2:34inspiration was at that time. It's interesting.
- 2:37I was not so interested in college, but knew I wanted to do
- 2:42something and actually signed up to go in the Navy early, several
- 2:47months before I had to. And it turned out to be one of
- 2:51the best decisions say of my as a young person that that I could
- 2:55have made. Just from the the travel, the
- 2:58experience and all the people that I had to interact with
- 3:02really allowed me to mature over just a few short years.
- 3:07That was my active duty. It was only a few short years,
- 3:10but accomplished a lot in that time.
- 3:12So yeah, I look back on it and and I know that, you know, that
- 3:16was a great move for me. Say say more about how it helped
- 3:20you to mature and develop as a person.
- 3:24Yeah. So I'm, you know, and you, you
- 3:26may have asked this at some later point, but being born and
- 3:29raised in Savannah, GA OK. And then you, you, you leave
- 3:33from, from there to really go out into the world and, and for
- 3:40the first time, you're really, really interacting with people
- 3:43from all over the country, different race, ethnicity, what
- 3:49have you. And so you, you don't have a
- 3:53choice but to grow and expand. OK.
- 3:57And, and, and as you well know, once, once you, once you do
- 4:00this, you know that you don't come back to this.
- 4:03So it's, you know, it expanded my horizons tremendously.
- 4:09And then you couple that with the travel, you know, Europe and
- 4:12North Africa, the Caribbean and all of that, you know, at 1920
- 4:16years old, OK, you know, that that that plan worked out pretty
- 4:21good. So.
- 4:23So yeah. I get what you mean.
- 4:25I wasn't in the services, but I had the opportunity to travel a
- 4:29fair bit in my early 20s. And wow, the way that it opened
- 4:34my eyes. I went from the, you know, kind
- 4:35of this Midwest bubble, so to speak, you know, where I grew up
- 4:39to, you know, all these different cultures and
- 4:41languages. And, you know, just having the
- 4:44exposure to lots of different people really opened my eyes.
- 4:48So I, I can appreciate the value there.
- 4:50So you were in the Navy a few years.
- 4:53What did you transition into as you were getting out of the
- 4:56service? Yeah, so the, the really the
- 4:59cool thing that happened for me in the Navy is that I did mature
- 5:03and and I realized that OK, yes, I need to go to college.
- 5:09So. So that's what those few years
- 5:12allowed me to do. And I always tell my friends
- 5:15who, who did go straight to college, some of them, and
- 5:17they're doing quite well, that as opposed to wasting a couple
- 5:23of years trying to figure out, you know, what you want to do
- 5:26and what, what your major is going to be.
- 5:28You know, I spent that time in the Navy really getting focused
- 5:31and then came out of the Navy and was, you know, all about
- 5:35business. And it was interesting.
- 5:38Is, is that I, I almost caught up with some of my buddies who
- 5:42had gone straight out of high school.
- 5:43You know, they may have graduated a year ahead of me as
- 5:46opposed to because you know, they, you know, you go to
- 5:49college and sometimes you get a little distracted.
- 5:52So that was again, how things played out for me very well.
- 5:56So. You came out of the Navy and you
- 5:58were laser focused on OK, I've grown up a little bit.
- 6:01I've seen the world. I I need to get to work here.
- 6:03Yeah, what was was so focused that after right after the my,
- 6:07my bachelor's, I went straight into MBA program.
- 6:10So I, I did like 6 years got AMBA and all of that.
- 6:15Yeah, yeah. And, and I know that time that I
- 6:18had to really figure some things out at 1819, you know, that that
- 6:23was helpful. That was helpful.
- 6:25And so undergrad right into MBA, you, you got down to business,
- 6:29you got serious about it. You coming out of your MBA,
- 6:32what's the first opportunity? Well, while in college, you
- 6:38know, UPS, the Big Brown machine, as we call it Big
- 6:41Brown, they have these great jobs for college students.
- 6:45You know, you can go to work for four or five hours inside the
- 6:48the operation and load the trucks.
- 6:50And so as a college student, I was working for UPS and once I
- 6:55did complete my education and everything, I was actually going
- 6:58to relocate to Charlotte, NC because of the financial center
- 7:02that it is. And the, the, the manager of the
- 7:07operation at UPS said, hey, he came to me one day.
- 7:09He said, hey, I hear you're thinking about leaving.
- 7:12You know, you've been here, you know, you got solid reputation,
- 7:15you got your education, we've got some opportunities in
- 7:19management. So he, he really wanted me to
- 7:21stay with the company, right. I was kind of home grown and so
- 7:24I was promoted into management at UPS.
- 7:27So it was, it was, it was really, really good, you know,
- 7:30situation. For that promotion happened
- 7:31while you were still in school, or did that happen after you had
- 7:35gotten your MBA? I think I right.
- 7:37Around the. Shortly, I just graduated.
- 7:40It was all the timing. It all kind of happened right
- 7:42there, OK. They, they knew I was like,
- 7:44he's, he's going to graduate and he's moving to Charlotte, he's
- 7:48going to go into the banking system, investments and all
- 7:50that. And, and so they were like, hey,
- 7:55you know, I guess when you have and you, you and I know at this
- 7:58point you have good talent, you know, just let it, you know, get
- 8:01out, get out of the building, so to speak.
- 8:03And so that's that's what happened to me.
- 8:05What do you think they saw from you, Melvin?
- 8:07Because if I understand correctly, at that time you were
- 8:09loading boxes under the truck. You know, maybe in that
- 8:14environment they don't really get to see sort of the
- 8:16brilliance of what's going on up here.
- 8:19No, I, I think the, the core fundamentals of what, what, what
- 8:23a quality individual is. You know, always, always to work
- 8:27on time, never late, you know, always about business, even even
- 8:32when it comes to loading and unloading and sorting and all,
- 8:35you know, you, you can see it, you know what's going on.
- 8:38So yeah, yeah, I, and I think, you know, that that sort of,
- 8:42kind of speaks for itself. And so, yeah, it, it, it worked
- 8:46out very well because I ended up having a 15 year career with,
- 8:52with, with big Brown and, and that's where I really acquired
- 8:55all of my professional skill set because of all the training.
- 8:58And you know, you're in corporate, you get, you know,
- 9:01there's gonna be training. There's a whole lot of, you
- 9:03know, how do you, how do you, how, how do you go about doing
- 9:06things in a professional way? Otherwise you won't last in that
- 9:09environment. So, so that that was good for me
- 9:13as well. Say more about maybe some of the
- 9:17big benefits that you've gained from that 15 years.
- 9:20I mean, that's a long time early in your career to stay with one
- 9:23company. Clearly there was a match there
- 9:25for a while, right? You enjoyed being in in that
- 9:28environment and learning and growing and obviously they saw
- 9:31value in having you there. Think about in terms of sort of
- 9:34your, your personal and your professional development, some
- 9:36of the key things that you took away from that UPS experience.
- 9:42Yeah, a lot of, you know, working well with, with, with
- 9:46teams and, and having, having goals and objectives and
- 9:51deadlines, OK. And, and, you know, execution,
- 9:56there's a process and, and you, you go about that in, in a
- 10:01particular way, according to how you've been instructed and, and
- 10:08educated on, on how this whole thing works.
- 10:10And so that, that foundation, you know, once, once you get
- 10:14that, you know, you can take that with you now anywhere.
- 10:20So, so I think that happens for a lot of people when they, when
- 10:23they're in that environment, you know, that they soak up all of
- 10:27the, the ways of, of how business is done in
- 10:32relationships are, you know, cultivated and you know, you do
- 10:36what you say, you're going to do that type of stuff, you know, or
- 10:41else is not going to work out for you.
- 10:43You know, it's like you, you, you get it.
- 10:45You understand this is how the world works if you're going to
- 10:48be successful. So before we get into talking
- 10:51about Atlanta Black Chambers and your work there and the
- 10:54organization itself, tell me a little bit about essential
- 10:58Wealth Management, your business.
- 11:00What was sort of the the inspiration to starting that and
- 11:04what what services do you provide?
- 11:07Great question and I think I need to kind of set it up so
- 11:10that people listening understand.
- 11:12I did a 15 year career at at UPS, which was which was
- 11:17awesome. Many of us in those jobs in
- 11:22those positions, sometimes there's a, there's a, there's a
- 11:25point where you're like you're feeling like, I think they call
- 11:28it burnout or you know, something else needs to happen
- 11:31here. So, so that was great, but but
- 11:34when I left UPSI wanted to go into the thing that I always
- 11:39wanted to do. I guess the opportunity at UPS,
- 11:42it was great, but it was not what I had planned in terms of
- 11:48what I wanted to do. And so it just turned, it just
- 11:51turned out that after, you know, 15 years, it's like, hey, you,
- 11:55you want to you always want to do this particular thing.
- 11:58So so I left and went to work for a brokerage firm and and
- 12:03went through their training to become a financial advisor, got
- 12:06my securities licenses, the series 7, series 66 shout out to
- 12:12to Raymond James and associates. A great firm, no doubt.
- 12:16And and I was definitely fortunate to have had that
- 12:20experience was only at Raymond James for a couple of years.
- 12:26Now here's where the Atlanta thing kicks in the the ATL
- 12:30experience. So I'm in Atlanta having left
- 12:33UPS. When I left UPS, I relocated to
- 12:36Atlanta. That you.
- 12:37Had you'd been in Savannah the whole time that you were with
- 12:40UPS? Well, actually I got a second
- 12:41promotion at UPS that took me to Columbus, GA Yeah, yeah, it's,
- 12:46it's a big military town. You may be familiar with it near
- 12:50Alabama on on on the West West side of.
- 12:53OK, so you leave, you leave UPS and you end up in Atlanta now?
- 12:57Yes, and, and in Atlanta, Atlanta is the, is like the,
- 13:03the, the global hub of entrepreneurship.
- 13:07It's a part of the culture, it's part of everything.
- 13:10So when you're, you're in Atlanta, so let's say I'm, you
- 13:13know, I'm, I'm still at, at the firm at the time.
- 13:16And so I'm not in the community. I'm networking with people and
- 13:18meeting, meeting a lot of folks and I'm meeting all of these
- 13:22fantastic folks who have their own whatever it is.
- 13:26You know, if, if, if they're an insurance broker, they got their
- 13:29own firm. If they're an attorney or
- 13:33whatever are they are, they may have a, a business where, you
- 13:37know, it's, it's, it's a, you know, a product or whatever, but
- 13:40it's like, how, how do all these folks have their own business?
- 13:44Like what is going on? So when I left Raymond James, I
- 13:48became an independent advisor, which is essentially saying now
- 13:52I got my own. So it's a, it was my own
- 13:55investment management company, if you will, and it's essential
- 13:59wealth management. And so I've I've got clients
- 14:01that I've been working with for 20 years because yeah, that was
- 14:06that was 20 years ago. So yeah, that's the.
- 14:10And so who's a a good fit for you at Essential Wealth
- 14:13Management client wise, What's the profile?
- 14:16Yeah. So my, my clientele looks like
- 14:21individuals who actually have, have jobs and in some cases
- 14:27they've left a, a previous company where they were for 5/10
- 14:32plus years. And, and there's this, there's
- 14:35something called a, a AA4O1K rollover because when you leave,
- 14:40you have the opportunity and, and maybe you've got 50 or
- 14:44$100,000 in an, in an account. And so now you can actually do
- 14:50that roll over into an IRA individual retirement account.
- 14:54And that's something that I can manage.
- 14:56And so my, my business is, that's probably 60% of my
- 15:02clientele. Now the other 40% is, is going
- 15:06to be business owners and other individuals who have money that
- 15:12they want managed professionally, but it but it
- 15:15may not be retirement assets. Yeah.
- 15:18Gotcha. OK.
- 15:19So you're, you're starting this business, you're building it up,
- 15:22things are going well. You're you're getting some
- 15:24traction. Why split your attention with
- 15:27the Atlanta Black Chambers? What is it about that
- 15:30organization that called to you? I have a real passion for, for
- 15:36the community and I, I understand on a really deep
- 15:43level, like what needs to happen for a lot of the disparities
- 15:51that exist and have been, have existed for, you know, hundred
- 15:58200 years. And when I say disparities, I'm
- 16:01talking about the what from a, from, from a big picture
- 16:07perspective, the racial wealth gap, but then very powerful data
- 16:14points such as, you know, the, the revenue of, say an average
- 16:18revenue of a black-owned business compared to say other
- 16:21businesses. And it, the difference is, is,
- 16:25is just way too much to be comfortable with.
- 16:28And so, you know, getting into our, our discovering the Black
- 16:32Chamber and, and discovering how those were the conversations
- 16:39that were taking place and, and being really educated to
- 16:42understand like, OK, wow, you know, we should be working to
- 16:47change this. So that's what drew me to the
- 16:51organization in that sense. But but initially now it was
- 16:57about meeting people, networking and forming relationships.
- 17:00So that so that's what brought me to the organization.
- 17:02But then. First, first, you came as a
- 17:04member. Yes, yes, right, right.
- 17:07But then you start to get exposed to like, oh wow, you
- 17:12know, and again, for me it was like, hey, we should be working
- 17:17and doing things to change that to make that better.
- 17:22You know, we shouldn't accept the fact that the average
- 17:26revenue for a black-owned business is like 50-60 thousand.
- 17:29And if you look other other places it's 500,000.
- 17:34It's like, whoa, that, you know, that makes me uncomfortable.
- 17:38And if I have the time and energy, you know, I want to
- 17:41dedicate, Yeah, I want to dedicate really my life to
- 17:46making that better, you know, because then if I can do that,
- 17:49my, my daughter may have a, a really good opportunity to do
- 17:54great things. So, so that's where the, you
- 17:58know, the passion and the real sincere interest lies.
- 18:01It's really in improving and bringing about change that, you
- 18:08know, really needs to happen. And I always tell people this,
- 18:14when these things do happen and we get to a better place, our
- 18:18nation is going to be much better.
- 18:21So it's not just about, you know, the black community or
- 18:26everything is, you know, you're just doing.
- 18:28No, there's a there's a bigger picture here as well.
- 18:32You know it. How can America be its best
- 18:35version of itself with other other communities, say minority
- 18:40groups per SE, that have these in, in some cases, enormous
- 18:46disparities? We none of us should be
- 18:48comfortable with that, and we should be somehow committed to
- 18:55bringing about the change that needs to happen.
- 18:57So how do you do that? So the the goal is, hey, we want
- 19:00to help black-owned businesses. We want to help them get on
- 19:05their feet. We want to help them grow.
- 19:08It's part of a bigger mission. It's going to be, you know, good
- 19:11for the local economy, good for the the national economy.
- 19:14How do you actually help to affect that kind of change?
- 19:18So there are 1234 there's several ways and and and and
- 19:27methods or strategies that that are already in force and and we
- 19:32we need to stay committed. So 1 is historically there are
- 19:38there are a lot of policies over say 100 years ago that, that,
- 19:43that benefited some. But say and in particular the,
- 19:48the black community or or black people were excluded, denied
- 19:53opportunity, could not participate.
- 19:56So we we need some some corrective measure there to
- 20:02address that. And that's called that's called
- 20:05public policy and a lot of people will speak on that
- 20:10directly. That's 1/2 is just just
- 20:18economically we've got to shift how we spend, where we spend.
- 20:28And I'm talking about, you know, the black consumer, but then
- 20:32beyond the black consumer, everybody saying that, yeah, I'm
- 20:39going to find a black-owned business that I can support
- 20:43because I understand from a big picture perspective how this
- 20:48impacts the United States. So, so that would be the second
- 20:53thing is that all of us should be spending slash supporting
- 21:01black-owned businesses as a part of the, a, part of the solution.
- 21:08Another big one is the federal government spends, Oh my God,
- 21:14it's like $700 billion. It's, it's an enormous amount in
- 21:17terms of contracting opportunities.
- 21:22It's enormous. And in particular, black-owned
- 21:28businesses receive like less than 3% of that and we're about
- 21:3414% of the population, but minorities in general, it's,
- 21:41it's less than less than 5% of that.
- 21:46So that is not fair. That's not right.
- 21:51And, and that has an impact on why our businesses in, in, in a
- 21:58large part have the, the low revenues because they're not
- 22:04getting the opportunities that drive the growth and scale.
- 22:07And you know, the, the opportunities have to be
- 22:12available for them. And so we we've seen and we
- 22:18know, you know what works in this environment.
- 22:22That's not going to happen. That's been made clear.
- 22:26But we've seen what works and and, and sometimes in some local
- 22:30and say city and state governments, they'll have a
- 22:34policy in place that is going to make sure going to ensure that
- 22:40some opportunities go to what it would, what can be called the
- 22:44underrepresented groups. And that matters.
- 22:48That makes a difference. And you can see the progress
- 22:52when you do have a program, a commitment like that.
- 22:58What we haven't seen is when we leave it up to just.
- 23:03Market forces. I don't yeah, like people saying
- 23:06they're going to do the you know, that that has not
- 23:09delivered the outcomes that we that are necessary.
- 23:12What about like educational programs or like other ways that
- 23:19you might help to lift up the black-owned businesses in the
- 23:23Atlantic community? Are there there opportunities
- 23:26like that that exist with your organization?
- 23:29So one of the things that we definitely do consistently is
- 23:34educate and inform. So the, the role of the chamber,
- 23:40I think first and foremost is to be a trusted source for
- 23:44information and, and education and knowledge.
- 23:48So we do have a lot of activities that would focus on
- 23:54all of the critical topics. If you're a business owner, say,
- 23:57for example, you know, accounting and finance,
- 24:00bookkeeping also make, you know, marketing a lot of technology.
- 24:05Obviously AI is big and we've had sessions are definitely
- 24:11presentations on AI. So so that's a big part of of
- 24:18the Chamber's mission. Yeah, absolutely.
- 24:21Is the education component. Are there other specifically
- 24:24black chambers for either cities or states around the country?
- 24:30Great question. And, and absolutely.
- 24:32So all of your major markets will have a black Chamber of
- 24:37Commerce. So it was a few weeks ago and I,
- 24:41I can't remember why he was here, but the, the president of
- 24:44the black chain, the, the Dallas Black Chamber was in Atlanta.
- 24:48And so, you know, we're all part of a, of a network.
- 24:53And though I had not met him personally prior to this, he did
- 24:56reach out and say, Hey, I'm going to be in Atlanta.
- 25:00You know, maybe we can at least meet for an hour and just, you
- 25:02know, have that introduction. And so it was good to to meet
- 25:06him. But that's just an example of
- 25:08yeah, all the major markets will, and some of the, you know,
- 25:11small mid size markets. You you.
- 25:14You might have a black chamber as well.
- 25:18Are you kind of mostly sort of doing your own thing because
- 25:22you're very, you know, local, regional based or I don't know,
- 25:26is there any sort of like cross promoting or like you know,
- 25:30support that you guys offer each other?
- 25:32So, so you have your, your chambers in your local markets,
- 25:36but then there is there is something called the USBC, which
- 25:41is the United States black chambers based in DC.
- 25:46And so, you know, we all affiliate with that state
- 25:51national level organization and that, and that is the network
- 25:55that I speak of. And so we have, you know, we
- 25:58have an annual conference every year in July in DC, and that's
- 26:02where we get to meet our colleagues and peers from the
- 26:06other, you know, whether it's Los Angeles, Oakland, St.
- 26:10Louis, Chicago, you name it, Miami.
- 26:13They're, they're, they're every. Yeah, they they are.
- 26:18Who, who's your typical member there in the Atlanta Black
- 26:22Chamber? Are they like, you know, mom and
- 26:25pop shop like less than 10 employees?
- 26:27Are they, you know, bigger companies with hundreds of
- 26:30folks? What?
- 26:31What kind of mix do you see? Well, there is, there is a, a
- 26:36mix it, it is a, a pretty wide diversity from the, the
- 26:41individual who has just started or, or in some cases the
- 26:46individual who has not yet even started.
- 26:49And it's all, it's, it's just a dream.
- 26:51They want to be in the room with the folks who are further along
- 26:54in the process and their journey so they can learn.
- 26:58And so you have the you know your mid tier whether it's you
- 27:03know $510,000,000 enterprise, you know in revenues annually
- 27:10and then you've got 50 to 100 million in terms of businesses
- 27:15that are much larger, well established employees, major
- 27:22operations. But do understand that that
- 27:25level of black-owned business is it might be 5% of the
- 27:32black-owned businesses that exist that have say several
- 27:37employees. And going back to an earlier
- 27:41point that I made and you asked some great questions, that is
- 27:45the, the commitment and the focus is to, is to build and
- 27:49grow and have more of those larger enterprises to make an
- 27:54impact in, in the community. They can employ people.
- 27:57And so some of the the, the issues, challenges, the social
- 28:02struggles that we have, a lot of that stuff tends to go away when
- 28:06you have thriving, successful entities in the community that
- 28:13are supporting the community. This is all about community.
- 28:16And then that community then connects and ties in well with
- 28:23other communities. And there's one big community we
- 28:25call the United States of America, as opposed to having a
- 28:30community that is struggling and issues.
- 28:33And yeah, we want to fix and address our issues, you know,
- 28:38and, and we don't necessarily want folks working against that.
- 28:42Are there any particular industries that I don't know
- 28:46seem to be drawn to the Atlanta Black Chamber more than others?
- 28:52A lot of professional services, I think that may be reflective
- 28:56in the, in the, in the broader economy, but in, in Atlanta, you
- 29:00have a lot of professionals. And when I say that, you know,
- 29:05whether you're a dentist or an attorney or some type of
- 29:11consultant. So you're going to see a lot of
- 29:15that. We, we, we do have, and I'm
- 29:19happy to say, you know, some product based type of businesses
- 29:23where they actually either they make something or, or they sell
- 29:26something tangible that you have to, you know, you have to go
- 29:30there to get it or perhaps you can purchase it online.
- 29:35But, but if you look at the trends demographically, so
- 29:39healthcare, anything in health and Wellness is going to be big
- 29:42and only going to get bigger just because of the, the
- 29:47population. But yeah, there's, there's some
- 29:51some, there are some things that we see more than others.
- 29:55I want to hear more about a couple of the programs that you
- 29:59guys have spawned, specifically the the Women's League and the
- 30:03Young Entrepreneurs Collaborative.
- 30:06What was the inspiration behind these initiatives and what
- 30:11exactly did they do? So you have to be innovative in
- 30:17this space of networking and bringing people together in
- 30:22order to get the the participation levels that you
- 30:26seek. And So what I mean by being
- 30:29innovative is you, you, you say, OK, we're going to focus on a
- 30:34particular group and bring people together based on what,
- 30:38what they have in common. So women love to get together.
- 30:43Yeah, with, with just them in the room.
- 30:46They love, they love it. And, and it just, you know,
- 30:50because they support each other. And so that's been great.
- 30:54You know, the women are very connected and, and how they
- 30:59support each other. There's a real bond there.
- 31:01So, so the women's league is very strong.
- 31:04The young entrepreneurs collaborative, those young
- 31:08people, 2530 years old, sometimes, you know, they, they
- 31:13definitely don't want to hang out with, you know, the 50 plus.
- 31:18And, and so you have to create a space for them if you want them
- 31:22to show up. So if you want them to show up,
- 31:24you have to say this is what it is, branded that way, and then
- 31:29you'll get their attention. You can't just necessarily have
- 31:32just a general whatever type of event and say, man, I wish there
- 31:36were more 25 year olds here. Doesn't work that way.
- 31:39So. You have to have something
- 31:41that's specifically talking to them, drawing them and saying,
- 31:45hey, here's here's your sort of sub tribe of folks that you can
- 31:49get. Together with, yeah, that's what
- 31:52works there. So Melvin, during your your time
- 31:57as the Executive director, now President and CEO, the chamber
- 32:01there has seen a pretty significant growth in both
- 32:04membership and programming. What specific strategies or
- 32:09initiatives have you found that have been really helpful in
- 32:13drawing in new members? And we touched on it a little
- 32:18bit with those two affinity groups that you you mentioned
- 32:23there, the Women's League, Young Entrepreneurs Collaborative, but
- 32:25then we have several committees as well.
- 32:29And so the way our organization is structured, really breaking
- 32:33things down to where people can clearly make a connection.
- 32:38So we've got 12 committees across, say, several different
- 32:42industries, financial services, transportation and logistics,
- 32:48health and Wellness, marketing, communications, advertising,
- 32:52technology, global opportunities.
- 32:56So when when people see that, they say, oh, wow, yeah, I want
- 33:01to be a part of that. Or I can do this, you know, it's
- 33:03like, oh, And so that helps a lot in terms of folks taking
- 33:09action and saying I want to, I want to join.
- 33:11But then the other thing is the volume of activity that we do
- 33:18puts our brand everywhere, not just, not just metro Atlanta
- 33:23globally. Yeah, yeah, we have.
- 33:26We have members all over, all over the, well, Africa, Europe,
- 33:29the Caribbean, South. Oh, interesting.
- 33:31I I guess I just assumed that folks who are a member are in
- 33:36sort of the metro Atlanta area. No, Atlanta is an international
- 33:41city. You, you may be familiar with
- 33:44that little airport we have, but no, but no, it's a, it's a, it's
- 33:48an international city. And so people come here from all
- 33:53over the world to do either do business or are start or expand
- 33:59an existing business. You know, so in particular
- 34:02black, in particular black people all over the country and
- 34:07all over the world. If you've got a successful
- 34:09business in Chicago, New Orleans, California, New York,
- 34:14when you say it's time for expansion, what market am I?
- 34:19Am I going to? For a lot of folks, it's
- 34:23Atlanta, Yeah. And that's just, I mean,
- 34:27historically, that's what the city represents.
- 34:31Yeah. And we're very proud of that
- 34:32history. We mentioned some awards that
- 34:35you've won in the intro. Which of those has been the most
- 34:39meaningful to you, Melvin? The, the one that I actually got
- 34:44from the organization that I, that I lead, that transformative
- 34:49Leadership Award was, was really the membership and, and, and the
- 34:55team saying, you know, this is the moment we want to recognize
- 35:01you for your commitment and, and your work ethic, because that's
- 35:07really people say, what's your superpower like?
- 35:11Hey, I'm just, I'm just going to go to work and we're going to
- 35:16make this thing happen, you know, and I'm never going to
- 35:19what I'd like to say is I won't, I won't cheat the process.
- 35:24I'm going to do it. And, and, and if I get good
- 35:28people on the team, we we can make some great things happen.
- 35:32Is there a particular book or a podcast or a course that has
- 35:38influenced or affected you along the way?
- 35:40Melvin, that might be good for our listeners to hear about,
- 35:43might be helpful for them. You know, it's simple stuff that
- 35:48that I I read a long, many years ago and I just go back to those
- 35:53principles and, you know, as a man thinketh.
- 35:59Yeah, that that's a great. It's just, you know, it's it's
- 36:04awesome. Everybody should read.
- 36:07Read what did. You get from it.
- 36:10Well, what you focus on mentally is, is what will happen in your
- 36:19life, you know, and you're going to see it manifest.
- 36:23So if, if, if you are focused and committed about something,
- 36:28then your, your time and energy and your actions are going to
- 36:33follow. And and then in, in, in reality,
- 36:37you'll see these things happen that that's a big part of it,
- 36:43but also, you know, the positive versus the negative and just
- 36:49really guarding your thoughts. If you're focused on gloom and
- 36:53doom and negativity and being angry and all the people that
- 36:57you think are angry at you, you're just going to create more
- 36:59of that. There's just the, the negative
- 37:01energy kind of swirls in your head and, and your living
- 37:04environment. But if you can, turn it around
- 37:08and and focus on the good stuff. Yeah, yeah.
- 37:12And, and whatever you're truly sincere about and you and you're
- 37:16focused on that in your mind, you know, whatever your belief
- 37:18system is. So I believe those things will
- 37:24manifest. What is your belief system say
- 37:27more about kind of the your guiding principles or guiding
- 37:29philosophies in life? Yeah, Well, I I believe in good
- 37:33and I believe in good and and evil.
- 37:36I believe those two things exist.
- 37:38I believe we have within us, you know, the, the opportunity to,
- 37:46to spend time where we, where we decide to, right.
- 37:51So you have this, this, this free will and, and you can feel
- 37:56it, you know, in, in your, in your heart or on your mind.
- 38:00So you're making decisions every day.
- 38:05You know, you, you can do the right thing, you can be the
- 38:08better person. You, you have that opportunity
- 38:11or you could fail, you could fall, you know, So, so yeah.
- 38:16So it's a constant. It's a constant.
- 38:20Belvin, what's a serious challenge that you've gone
- 38:23through either personally or professionally?
- 38:25What was it? What did you learn?
- 38:27How did you get through it? Well, you know, I've, I've
- 38:32always been kind of like the rock star in my family.
- 38:36You know, I was, I was the one who never messed anything up.
- 38:40And what really helped me a lot was the first time I really did
- 38:45have failure in my life. Now this was this was a long
- 38:49time ago, but, but it's still the thing that that helped me
- 38:53tremendously. You know, I had everything I
- 38:57told you about my promotion at UPS and you know, great
- 39:01corporate career, everything. And, and I and I, I got married
- 39:07to a wonderful, she was, she was amazing.
- 39:10She really was. And I failed, I failed her in
- 39:13that, in, in that marriage and, and, and we ended up divorcing
- 39:19and, and that was the first time I've really ever messed anything
- 39:22up in my life. And I can remember sitting in in
- 39:27in my house all by myself, all alone and not.
- 39:33And I would say, you know, why did this have like confused and,
- 39:38and it actually drove me to reading scripture and, and that
- 39:47led to my, my spiritual growth in terms of really becoming a
- 39:52better person. And I had to forgive myself.
- 39:58You know, I had to understand the concept of forgiveness, had
- 40:01to forgive myself so that I could then move on and and go
- 40:06forward. So failure is is what is what
- 40:12helped me tremendously because I had to go through that process
- 40:16and I've never been I've always been a better person having had
- 40:21to go through that the shame and the you know, I I've never
- 40:28really experienced it. Other people had you know, I've
- 40:31seen people mess stuff up and and so when you are that you
- 40:35never messed anything up when when you fall.
- 40:39You fall hard if if you've been the golden child all along and
- 40:43now here you are in your adult life and first time that you
- 40:47mess up, it's, it's, it's big, right?
- 40:50It was a woman that you cared about deeply and you're going
- 40:53through divorce hard emotional stuff.
- 40:57And what's interesting to me is the way that you were able to
- 41:01take that and rather than, you know, letting that that really
- 41:05hard fall kind of be, you know, the, the spiral, the thing that
- 41:09sends you spiraling is, you know, I, I, I'm sure you
- 41:13spiraled for a bit, but then, then you picked yourself up, you
- 41:16brushed yourself off you, you found help in scripture and you
- 41:20use that as a leverage point to become a better person going
- 41:25forward. Yeah, really It, it definitely
- 41:28was. Got Seminole moment or
- 41:31experience for me, you know, to feel shame and guilt and oh man,
- 41:37I've not experienced it like that before.
- 41:40And it helped me relate to other people who when they, when they
- 41:44fail, you know, I have a lot more compassion and
- 41:49understanding. And you can.
- 41:51Be a lot more empathetic now that you know, you've got some
- 41:53of your own battle scars. You're like, oh, hey, I get it.
- 41:56I've been through rough stuff myself, so I'm not going to be
- 42:00maybe so harsh or you know, I'm going to be more supporting in
- 42:03this kind of situation. Yes, Sir.
- 42:07Yeah. Where do you see the Atlanta
- 42:11Black Chamber going from here? What are the future growth
- 42:16ideas, opportunities. What?
- 42:18What do you guys want to do? Yeah.
- 42:21So we, we touched on the fact that our membership is global
- 42:26and for us because we, we have a global opportunities initiative
- 42:31and A, and a whole committee that we have created that that
- 42:37literally goes on trade delegations around, around the
- 42:41world to meet other business owners to start these
- 42:46relationships that will lead to doing business across borders.
- 42:57So, so we, we, we've been to South America, Colombia, Cali,
- 43:01Colombia, to be exact. We, we've been to Africa, I
- 43:05think South Africa, Zambia, Zimbabwe, we were just in
- 43:10Europe, so Great Britain, France, so and we're starting
- 43:17these relationships and. And what are you doing while
- 43:19you're travelling to all these places?
- 43:21We're talking to, we're talking to business owners about how do
- 43:26we, how do we do business together, you know, globally
- 43:31and, and establishing what is. You want to buy from them, You
- 43:35want to sell to them, You want to.
- 43:36Yeah. Co manufacture thing like and
- 43:39all this is on the table. Yes.
- 43:41So they, they have, they have a product that that they want,
- 43:45they, they want to be sold here. We have products and services
- 43:49that, that they actually need. So it starts with the having a
- 43:54relationship and the communication.
- 43:57And so opportunities present themselves when you're
- 44:01connected. So when you're not doing these
- 44:03things and you're like, well, I don't know anybody, I don't know
- 44:06or I didn't know that that there was this population in Colombia.
- 44:11So for example, the largest black population between North
- 44:17America and South America, it's actually in Brazil.
- 44:22There are more black people in Brazil than in the United
- 44:25States. 2 1/2 times. Wow, that's significant.
- 44:29Yeah, it blew my mind. I was like, whoa, 2 1/2.
- 44:33And I just learned this in the past five years, OK.
- 44:38Colombia is third. So Brazil, United States,
- 44:41Colombia. Significant populations of, of
- 44:45black people. And so our outreach to them is
- 44:49again, to engage, learn and and see what we could possibly do
- 44:54together. Because in those other places,
- 44:57they need us. We need them, but they really
- 45:00need us. Yeah.
- 45:03Can can you think of a specific example that you're able to
- 45:07share where you know, one of these, you know, international
- 45:11trips has led to to some business taking place?
- 45:15Yeah. So this is 2025 S 2023, almost
- 45:20two years ago, because it was August 2023, there was a trade
- 45:23delegation from Atlanta. 2525 entrepreneurs went to Cali,
- 45:28Colombia and we we met with several had several meetings
- 45:33with people and one I know at least at least one of our
- 45:40businesses that someone who travelled there with us is doing
- 45:45business with someone that she met in in, in, in Cali, I
- 45:52believe yeah, she's she's sending stuff there.
- 45:57I think that's the, that, that's the, the arrangement there.
- 46:02That's, that's one instance that I know.
- 46:05And there's some other things going on where so we will take
- 46:11samples with us to these different places and then we
- 46:15know we'll bring things back so that, you know, we can expose
- 46:19that and say, OK, hey, here's an opportunity where, you know, we
- 46:25could bring this here, sell it here.
- 46:28When they so they also come here to Atlanta from Africa and South
- 46:34America. And then we take them to
- 46:36different black-owned businesses here in Atlanta.
- 46:39And in some cases the products that the folks visit visiting,
- 46:44have they talk to those business owners about having their
- 46:48product from whether it's Africa, South America in those
- 46:51stores, you know, in those retail operations.
- 46:55And so, yeah, we are seeing some success and everything we do,
- 47:02we're committed because we know it takes time.
- 47:04But but this is the work. I mean, this is this is the work
- 47:07what I'm talking to you right now about.
- 47:10This is the work that we do. This is the stuff that makes a
- 47:14difference. Kind of going back to personal
- 47:18things, I'm curious to hear about any maybe daily habits,
- 47:22practices, rituals, Melvin that you have that get you started,
- 47:27keep you on track, get you centered?
- 47:32I'm such a, I'm such a nerd in terms of geopolitical stuff.
- 47:36You know, I, I, I've got to keep up with everything that's
- 47:39happening in the world. So, yeah, if I'm not feeding
- 47:45myself with, with, with knowledge and information, say
- 47:52in that sense, then I'm, I'm not plugged in or in tune to the
- 48:00things that I need to be on top of.
- 48:02So, so, so that's what I spend my time doing, if you will.
- 48:07Absorbing what's going on in the world, taking, taking in the
- 48:10news and kind of understanding the big.
- 48:12Picture yeah and, and from reliable sources, you know, a
- 48:15diverse you know I I listen to everything, you know I'm I'm if
- 48:20if somebody said OK, are you right left center?
- 48:24I'm definitely I believe the solutions are in the center.
- 48:30I think if you're if you're far left extreme that I think that's
- 48:34a problem if you're far right extreme, I think that's a
- 48:38problem. I think that this is where we
- 48:41need to be. This is where the solutions are
- 48:46and and that's, and that's where I am.
- 48:49And so and so I, I, I, I get it from everywhere so that I can.
- 48:54Take it in from lots of sources. From the right, from the left,
- 48:56from the center. So you get sort.
- 48:58Of a A. Spectrum of.
- 48:59Stay balanced. Yeah, I, I I don't get lost on
- 49:03either end of the spectrum. Melvin, what's something you
- 49:07like to do outside of work for fun, Personal enjoyment?
- 49:12Well, now, now that I'm, you know, now that I am in my 50s,
- 49:20OK, the health, health is everything, you know, your, your
- 49:25health is your wealth. So, so I'm, I'm into taking care
- 49:31of myself physically. I, I, I haven't, haven't
- 49:35conquered the diet thing yet, Meaning, you know, I still eat
- 49:39stuff that I probably shouldn't, but I'm, that's one thing that I
- 49:43want to change, really, really want to change.
- 49:45I, I do exercise and work out and so I enjoy that, you know,
- 49:49I, I, I, I get some gratification from, from that
- 49:53because it helps me look good in my clothes and that that's
- 49:59important. And live longer.
- 50:00Live longer and higher quality. Yes, let us not forget about.
- 50:03But but let's, let's, let's admit it.
- 50:05Yep. We, we, we stay active because
- 50:07there's a, there's a vanity, you know, perspective to it as well.
- 50:09Pretty sure so. So yeah, those I do spend time
- 50:14there as well. Melvin, if you and I reconnect a
- 50:18year from now and you're celebrating something, what
- 50:22would you hope that is? That's a great question.
- 50:28Wow. We are going to celebrate.
- 50:35I want to, I want to celebrate my my, my daughter getting a
- 50:38full scholarship. She's in high school right now.
- 50:42Yes, she is and her grade born average is like look, hey kid,
- 50:49that would be great. I don't when you ask the
- 50:51question, I'm like, you know, 'cause I obviously not prepared.
- 50:54I'm like, what would I'm like, Hey, that would be awesome.
- 50:56Whatever whatever's top of your mind, that's the right answer.
- 51:00So and and is she looking in the Atlanta or the Georgia area or
- 51:04is she is she considering all over?
- 51:06She's considering all over, but it'll, it'll get more, you know,
- 51:11she'll focus more and we'll we'll really be able to see
- 51:14what's going on. You know, she's still got a
- 51:17couple years, but but I, I she could still secure a lot of
- 51:26interest in, in, in scholarships and and things because it does
- 51:30start, does start early now. It's a there's a lot there that
- 51:34that goes into that. But yeah, yeah.
- 51:37So I have just the one daughter and so.
- 51:42So hopefully we're we're popping a cork on champagne bottle for
- 51:47your your daughter getting a full ride scholarship to a great
- 51:50school somewhere. Hey, that would be that would be
- 51:53so exciting. I've just got one more question
- 51:56for you, Melvin. But before I ask it, I want to
- 51:58do 2 things. First of all, I'm going to
- 51:59invite everyone who's listening to hit the follow button on
- 52:02their favorite podcast app. Continue to get more great
- 52:05interviews like we've had here today with Melvin Coleman, the
- 52:08President and CEO of the Atlanta Black Chambers.
- 52:11Melvin, I also want to let people know the best way to get
- 52:15in touch with you to follow your story, that of Atlanta Black
- 52:18Chambers. What would that be?
- 52:21So of course the the Chamber has a website,
- 52:24atlantablackchambers.org. I would always tell people don't
- 52:28forget the S on Chambers Atlanta, blackchambers.org.
- 52:35And there's an e-mail address on that website
- 52:40thatidohavevisibilityofbutitssimplyinfo@atlantablackchambers.org. Yeah.
- 52:51Great. So last question for you,
- 52:53Melvin. As you look to the future, what
- 52:56are the most exciting changes that you think are coming to the
- 53:01Atlanta Black-owned business community?
- 53:05Well, you know, we've got this little thing called World Cup
- 53:10coming to Atlanta and the economic impact of that is, you
- 53:15know, is going to be mind blowing.
- 53:17And I've heard people say, you know, one of those games we, and
- 53:21we've got several of them that are going to be played here.
- 53:23They're like one of those games is the equivalent of a Super
- 53:25Bowl. So, so we're, you know,
- 53:29preparing to put our businesses in position to capitalize on,
- 53:38on, on, on that opportunity, right?
- 53:42And, you know, the, the culture of Atlanta culturally, it
- 53:46really, it really does come out of the, you know, the black
- 53:50community And, and we want the whoo, I don't know, but
- 53:57definitely hundreds of thousands of people who will be here for
- 54:02that experience. We want them to experience the
- 54:06ATL. We want them to know what that
- 54:09means. So, so that that's big.
- 54:13But but yeah, we, we want to move the needle in those
- 54:20critical areas, government and corporate contracts.
- 54:27That's, that's huge because clearly we're not getting our
- 54:33fair share. I mean, it's, we focus on data.
- 54:36We don't make stuff up. There's so much data and
- 54:39evidence out there. And and that's why I'm here
- 54:45doing the work that I'm doing, because I know that, you know,
- 54:49this is what needs to happen for the United States of America to
- 54:54be as the best version of itself.
- 54:56I mean, I'm a veteran of the United States Navy.
- 55:00And you know, this is this is this is the greatest place on
- 55:06earth. And we just have to keep making
- 55:10sure we we don't, we don't let it, we don't let it go crazy.
- 55:15Keep turning the dials and making things better every day.
- 55:19Melvin Coleman, I want to be the first to thank you for sharing
- 55:21both your time and your story with us today.
- 55:24I really appreciate it. Thank you.
- 55:26This has been as you said, it's going to be fun.
- 55:29And indeed it was. I'm glad to hear that, folks.
- 55:33That's a wrap on another episode of the Inspired Stories podcast.
- 55:36Thanks for learning with us today.