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Cheers to a productive week in progress, ForbesBLK. Jabari here.

Things are starting to warm up on the 2025 ForbesBLK Summit front. New speakers include Kandi Burruss, from the legendary music group,  Xscape, and real estate tycoon Don Peebles. And one of the breakout rooms we’re developing is called Franchise Your Future. It will include Randy Hazelton, the CEO of H&H Hospitality, a firm that operates concession stands in major U.S. airports. Additionally, Hazelton’s company owns Auntie Anne’s Pretzels on Concourse B of Atlanta’s Hartsfield-Jackson Airport. That location is one of the brand’s top five highest-grossing franchises.

I covered Randy’s story in 2023. A few weeks ago, I called Randy to discuss Franchise Your Future and the idea of pairing him with Jade Colin, an owner of McDonald’s franchises throughout New Orleans, and Dr. Lakeysha Hallmon, the CEO of The Village Retail, a shop inside Atlanta’s Ponce City Market. This discussion aims to explore all the pathways to franchising your way to wealth, similar to the late Junior Bridgeman, who owned more than 500 fast-food franchises. Randy agreed to do the session. And it'll benefit you.

Roy Wood Jr. speaks onstage during the 27th Annual Webby Awards in New York City. Getty Images
For me, the idea came full circle this week while talking business with comedian Roy Wood Jr. on The Enterprise Zone. If you’re not familiar with Wood Jr., he’s a CNN late-night host of the show Have I Got News For You and a former correspondent on The Daily Show.

Do you want a quick laugh?

When Wood Jr. was 17, having just graduated from high school in Birmingham, Alabama, he worked at a Subway franchise. Back then, they were growing in popularity and rapidly expanding throughout urban and rural America. Working as a shift leader, Wood Jr. calculated the franchise owner was bringing in about $300,000. After conducting further research, Wood Jr. estimated that he needed approximately $70,000 to start a franchise. That investment would have surely made him a millionaire in his twenties.

However, his mother, Joyce, torched the idea. The funny thing is, years later, while hungry she casually asked him to go grab her a Subway sandwich. From the very same chain she vetoed. The irony? She didn’t just kill his shot at early millions—she made him go back and buy the dream… with extra pickles.

The missed opportunity in franchising haunts Wood Jr. “It’s a family of bad investments,” he jokes.

Additionally, Wood Jr. also discusses his two baseball documentaries. One features Major League Baseball. The other features HBCU baseball programs and follows the comedian visiting four schools to chat about the sport. I’m a huge baseball fan and advocate for increasing the number of Black youth participating in the sport. So, I’m intrigued to watch. However, I’m also a supporter of come-up stories. And Wood Jr. is that.

Asked to describe his career, which started at age 19, in one word: “Grateful,” Wood Jr. says. Comedy, “is something I did to deal with depression – I just wanted to be funny enough to get on Showtime at the Apollo. That’s all I wanted. And I got the Apollo.”

Be sure to watch the entire interview with Roy Wood Jr. You’ll laugh, maybe cry, but as always, walk away informed.

Ending this week’s byline by requesting your help. Next week, I’ll be in New Orleans to host the Airport Minority Advisory Council (AMAC) 40th anniversary business conference. The annual gathering convenes top CEOs of major airports throughout the U.S., including Hartsfield-Jackson Atlanta International Airport and Denver International. My job will be to moderate a panel of five CEOs discussing the challenges of the aviation industry and their vision for the future.

If you could question the CEO of a major airport, what would you ask?

Email me at Jyoung@Forbes.com. I may work your question into the conversation – with credit, of course.

My One Interesting Read: How Artificial Intelligence Is Learning To Escape Human Control, by The Wall Street Journal.

Enjoy the newsletter, a
nd be sure to subscribe to the podcast on Spotify and Apple Podcasts.

Jabari Young Senior Editor, ForbesBLK

Follow me on LinkedIn

BLK STORIES OF THE WEEK
AROUND THE COMMUNITY
The 2025 ForbesBLK Summit is expected to bring hundreds of business leaders, entrepreneurs, and entertainers to Atlanta on October 8-10. During the event, we will amplify and support members, HBCU alumni, and small businesses by establishing an in-person ForbesBLK Marketplace. Apply to attend here.

Save the dates: September 3-5, 2025, for the  Inbound Summit in San Francisco. This three-day event offers game-changing insights, meaningful connections, and breakthrough content, serving as a launchpad for better business and personal growth. Thanks to The Spot Community, members of ForbesBLK, located on the West Coast, will have the opportunity to attend one of the most anticipated sales and marketing events of the year for free. Tickets are limited. Please email forbesblk@forbes.com for consideration.  

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BEYOND THE NEWSROOM
On October 8-10, join us for the third annual ForbesBLK Summit in Atlanta. This three-day event promises to inspire ideas and encourage meaningful conversations about the future of the Black community. Connect with leading executives, entrepreneurs, creators, and change-makers for an experience that will challenge and transform you. Register now to seize your spot. Don't wait as admission prices will increase.