Gloria Freeman, who started Olu’s Home, a company providing residential and in-home care to the disabled and elderly, after she was laid off from an insurance company 15 years ago. Once a shoestring startup, the business now has 90 employees and runs nine residential care centers in Minneapolis.Perseverance and networking also paid off for
As an African-American woman, Freeman latched on to every local and regional nonprofit and government support group she could find as her business grew. “I would go to their events and become a big supporter of what they were doing,” she says. She recently got a $1.2 million loan to buy and renovate a building that she plans to open this month as an intergenerational care center, bringing together elderly clients with neighborhood children needing day care.
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