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Monique Greenwood is an incredible example of a woman who left a successful career and took a leap into entrepreneurship in an effort to improve the economic development of her community and have something for her daughter to work towards in the future. Ms. Greenwood was the Editor-In-Chief of Essence magazine and is now the proud owner of a Bed & Breakfast, called Akwaaba Mansion, which was rated the third best in Brooklyn by Trip Advisor; and five properties, which she rents (Bread Stuy, Marlene’s, Holiday at Home, Peaches and Lewis Gallery, Akwaaba Café) on the commercial strip of Lewis Avenue in Bed-Stuy, Brooklyn.

Ms. Greenwood attributes this success to the fact that she has been very involved in the community. Being a strong community activist, Ms. Greenwood became a prominent member of Community Board 3 and serves on the board of the Brooklyn Chamber of Commerce, from which she received the Small Business of the Year award last July. Ms. Greenwood’s primary focus has always been, “How can we build the community?” She consistently contributes by encouraging and helping young African-American women entrepreneurs to open small businesses in the community. In 2001, Ms. Greenwood also became the author of a self-help book for women, called “Having What Matters: The Black Woman’s Guide to Creating the Life You Really Want”. By being successful in what she does, Ms. Greenwood has not only been the ultimate role model for her daughter and other women in her community, but has shown potential financiers that Bed-Stuy, Brooklyn is surely a place to invest.

To learn more about Ms. Greenwood and her Bed & Breakfast, please read this article, “Magazine Editor Finds New Path In Bed Stuy”, http://fort-greene.thelocal.nytimes.com/2011/02/18/magazine-editor-finds-new-path-in-bed-stuy/#more-52886