Audio By Carbonatix
Black Avenue Muzik CEO Desmond Kwesi Blackmore, known in the entertainment industry as D-Black, says the diversification of his business portfolios accounts for his success as an entrepreneur.
According to the businessman, the multiple revenue streams from the various companies are enough to offset any debt burden from a single business.
Speaking to Amelley Djosu on a yet-to-be-aired episode of Celeb Biz on Joy Prime, D-Black indicated that having more than one source of income serves as a security for any entrepreneur, especially during a rainy day.
The musician believes the music industry is not always rosy, especially producing hit songs, hence the need to have a fallback strategy.
“You as an artiste don’t have a hit song on the radio, but your club is doing very well, so now the revenue stream is balanced.
"Last year, the majority of the revenue was coming from the music; this year is the club, and maybe the year after you decided to take a break from the club and do some renovation.
"So now the restaurant is making money for you, then the year after you have a hit song again, then you come, then okay, Sefa has a hit song, then it goes up, bro, the ice cream company is shooting up, you have ten branches now, so now there is always a change in who is the leader out of the conglomerate,’’ he said.
The businessman disclosed that his latest business, restaurant La Maison, which is barely eight months old, is arguably one of the top eateries in the country.
Mr Blackmore admitted to picking his mother’s traits of making very good restaurants that meet the quest of many.
D-Black discloses that, together with his mother, a retired quality assurance manager at the Ministry of Tourism and Ghana Tourism Authority, he trained his restaurant staff to serve the best menu.
Latest Stories
-
Ofori-Atta isn’t scared of criminal prosecution, he will come at the right time – Frank Davies
6 minutes -
Firefighters battle blaze at Madina Market
9 minutes -
“Metro Mass was in a sorry state, panting for breathe when we took over” – MD Cezario Kale
11 minutes -
Japan restarts world’s largest nuclear plant as Fukushima memories loom large
15 minutes -
AG ‘extremely hopeful’ for Ofori-Atta’s return, acknowledges February 19 U.S. Court deadline
17 minutes -
Ghana’s High Commissioner to UK engages tech innovator Danny Manu on potential Ghana projects
29 minutes -
Adutwum best placed to lead NPP into 2028 elections – Campaign team
39 minutes -
NPP delegates will make history by electing Dr Adutwum as flagbearer – Campaign Team
43 minutes -
Digital intelligence, environmental disaster: AI’s hidden climate crisis
45 minutes -
Relief for Tema residents as GWL fixes major transmission line
56 minutes -
African Trade Chamber appoints Anthony G. Hylton to advisory board
56 minutes -
Majority rejects minority’s call for Ablakwa’s removal
60 minutes -
Choosing to move, choosing to adapt: How climate migration is reshaping culture
1 hour -
Star Oil suspends COMAC membership amid price floor dispute
1 hour -
Daily Insight for CEOs: The CEO’s Role in Strengthening Market and Competitive Awareness
1 hour
