30-Year-Old Entrepreneur Opens First Black-Owned 7-Eleven in Las Vegas Without Any Investors

Entrepreneur Johnathan Lacy might have set a brand new document together with his current 7-Eleven franchise. In response to a commerce group, Lacy stands out as the first Black particular person to personal a 7-Eleven in Las Vegas.  The shop is positioned at 3421 East Tropicana Ave and is open 24 hours.

“I sacrificed all of it,” Lacy wrote on Twitter. “Put all of the bread in a single basket. No buyers. No outdoors cash. Now I’m the primary black proprietor of a 711 franchise within the state of Nevada! Blessings!”

I sacrificed all of it. Put all of the bread in a single basket. No buyers. No outdoors cash. Now I’m the primary black proprietor of a 711 franchise within the state on NEVADA! Blessings! pic.twitter.com/KApeJzFor9

— 3421 east tropicana ave las vegas nv 89120 (@DJJohnjohn) Might 2, 2023

Entrepreneur Opens 7-Eleven in Las Vegas

Lacy all the time had goals of turning into an entrepreneur. He grew up in South Central Los Angeles and later moved to Las Vegas to be together with his retired father. Throughout this time, his entrepreneurial wishes turned even stronger. However there was just one factor standing in his method: capital.

Lacy studied finance at Cal Poly Pomona. Sadly, his diploma didn’t put together him for the obstacles related to financing a brand new enterprise enterprise. Acquiring capital as a younger black man with out million-dollar property proved to be troublesome.

Over time, Lacy was impressed to check out completely different enterprise concepts. He utilized for enterprise loans however acquired a number of financial institution rejection letters. Lacy was pressured to search out one other method to make his goals of entrepreneurship come true.

That’s when Lacy determined to take issues into his personal arms. He labored diligently and pursued numerous job alternatives. Lacy elevated his revenue and was capable of save extra, offering him the capital wanted to put money into his enterprise. After a 12 months of placing his plan into motion, he was capable of open his 7-Eleven retailer. Though the journey was stuffed with ups and downs, Lacy stored going as a result of he desires to encourage the following technology.

“I believe typically our youthful technology isn’t uncovered to sufficient various things,” Lacy informed the Las Vegas Solar. “I might inform folks to reveal themselves to plenty of various things. Get a job to see if you happen to prefer it — I believe we’re all attempting to determine that out. Don’t cease till somebody tells you no and, even then, simply maintain pushing and pushing. That’s what I did.”

Increasing the 7-Eleven Franchise

Now that Lacy has his first 7-Eleven franchise up and working, he’s able to develop his imaginative and prescient. By the point he’s 40, Lacy desires to personal 4 7-Eleven franchises. He hopes to greater than double his possession earlier than his fiftieth birthday.

“I used to be terrified earlier than I bought the keys to this place,” Lacy shared with Las Vegas Solar. “However I’ve gotten a lot help, and there’s a lot good vitality, it offers me extra vitality. There’s stress, sure, however I like it. It feels good proper now.”

Lacy goals to pave the way in which for extra aspiring enterprise house owners in his neighborhood. He desires to point out folks alternative routes to make your goals come true even if you happen to don’t have buyers by your facet.