The family business: Winston-Salem woman continues legacy of entrepreneurs
WINSTON-SALEM, N.C. (WGHP) — Entrepreneurial blood runs through Desiree Jackson's veins.
Jackson is the owner of The Labyrinth Barlor and Spa, a medical spa located at 50 West 4th Street #10 in Winston-Salem that specializes in the latest spa trends and 'offers gourmet sweets, ready-to-drink cocktails, boutique, and alcohol-infused ice cream from the infamous Tipsy Scoop,' according to its website.
After working side jobs in bars and spas for the past decade, Jackson decided to start her own business in 2024.
Amazon buys 85 acres in Greensboro. Is another big fulfillment center coming?
'I decided that I wanted to get into that on my own because I was working so hard for everybody else. I was like, 'Let me just do it by myself,'' she said.
She's not the first in her family to have a storefront in Camel City's downtown area.
Jackson is the granddaughter of James Clyde 'J.C.' Bess, who owned and operated Harding's Expert Shine Parlor on Patterson Avenue for more than 50 years. He died in 2001, leaving behind a history-making legacy in Winston-Salem.
'My grandfather was the first African-American to own a business downtown,' Jackson said.
Harding's operated on Church Street near other Black-owned businesses, including the Lincoln Theatre, before moving to Patterson Avenue. The former Harding's location and Lincoln Theatre were demolished when the block was cleared for the construction of the Phillips Building in the early 1970s.
A clipping from the Winston-Salem Journal dated Aug. 23, 1981, highlights Bess' career as a well-known shoeshine and dye man. According to the article, at nine years old, he began working on the street at Salem Hill, where Ed Kelly's Inc. was formerly located.
Elmore Harding, who started the business, was Bess' friend and employer. He allegedly told his wife to let Bess have the store if anything happened to him.
'When he died, she gave it to me,' Bess said in the article.
Crooked Tail Cat Cafe closing Winston-Salem location
According to Jackson's mother, Hortencia Dunlap Rice, she was destined for greatness since childhood.
Jackson participated in several creative activities, including learning piano and violin. She regularly attended the National Black Theatre Festival alongside founder Leon Hamlin and his wife, former executive producer emeritus Sylvia Sprinkle-Hamlin.
'I knew then that Desiree was going to be theatrically, artly, everything inclined to do because she followed closely in my footsteps decorating and all of that,' Rice said.
Those weren't the only footsteps Jackson followed in.
Bess' daughter Rice is a business owner too, specializing in general contracting and property development in east Winston-Salem.
According to an article from the Triad Business Journal dated October 8-14, 2004, the development company of Rice and her business partner, Warren Mitchell, had recently completed the construction of five homes on Essex Street at that time. The pair hoped to see profits with the development of Whittier Point, a 42-home project in northeast Winston-Salem.
In 2014, Rice's sister, Mary King, was featured in the Winston-Salem Chronicle as the owner and operator of Keona's Boutique at 235 West 5th Street, another continuation of Bess' legacy.
'I have come from a long line of entrepreneurs,' Jackson said.
In the future, she aims to use her passion in early childhood development to use the Labyrinth as not only a spa but as an autism research center too, installing a 'float room' that may help sensory issues in autistic children.
'I'm hoping that I can use it to help study for early childhood development and brain development for autistic kids. I was a teacher for the past two years, um, and for some reason me and the autistic kids really just bonded,' Jackson said. ' I'm working with the [Winston-Salem] Small Business Administration to turn this into a research center.'
Carroll Companies' plan for contentious Friendly-Hobbs intersection in Greensboro comes into focus
The float room would feature a float tank, also known as a sensory deprivation tank. These tanks are dark and soundproof and work by eliminating outside stimuli so the user enters a meditative state. The water inside is saturated with Epsom salt, providing buoyancy to float more easily.
According to Autism Speaks, a nonprofit autism awareness organization, people with autism may have sensitivities to sights, sounds, smells, tastes, touch, balance, awareness of body position and movement and awareness of internal body cues and sensations.
'If we are practicing cutting off those senses, I'm hoping that they may be able to be conditioned into doing it on their own, you know, outside of the float room.'
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


San Francisco Chronicle
20 minutes ago
- San Francisco Chronicle
Can schools like St. Bonaventure and FIU thrive in college athletics without the big bucks?
ORLANDO, Fla. (AP) — As schools prepare to begin sharing millions with their athletes, there is no avoiding the reality that if you're not a Power Four school, you're at a disadvantage. With major conferences running the show, St. Bonaventure and Florida International don't even have a seat at the table. FIU and St. Bonaventure aren't necessarily worried about a head-to-head fight over top players with deeper-pocketed schools. The priority has become survival and finding a balance between athletics ambition and financial sustainability. Adrian Wojnarowski spoke candidly about the challenges he faced during his inaugural season as the general manager of the St. Bonaventure men's basketball team. Solidifying a recruiting class that would improve the team and embrace the school culture was not easy. After July 1, when lucrative paychecks will pretty much become mandatory for blue-chip prospects, it's not going to get any easier. With some 2,000 undergraduate students, the Bonnies are outnumbered in resources and revenue when competing even against other Atlantic 10 teams like VCU, Dayton, and Saint Louis. Wojnarowski, ESPN's former lead NBA reporter, thinks he has identified a formula for locating the ideal prospect. To him, St. Bonaventure is a landing spot for international players adjusting to a new culture and college life, transfers who may have fallen short at a high major and need development, or those looking to move up to a mid-major. He admits the school upstate New York could be a pit stop on a player's journey. 'I want them to see that our environment, our coaching staff, our small school, especially for international players coming over, what I really try to sell is your adjustment to American college life," he said at the National Association of Collegiate Directors of Athletics and Affiliates Convention this week. 'I think for a lot of kids, it's easier in a school with 1,900 students than a school with 19,000. And you'll come to have two great years with us, and then you'll probably end up at schools with 19,000 or 29,000,' he said. "And so you're selling, for us, we're your first step on the way to somewhere else, or the other one to me is we're the place to come when you've got to get the basketball right.' If the plan goes awry and a recruit slips away, one thing the former NBA insider refuses to do is blame the money. 'Fundraising is hard, creating new revenue streams is hard, but the one thing that I try to stay away from with us is not saying, 'Oh, we didn't get him because they offered more money,' and using that as a crutch all the time. I really examine when we lost a player,' Wojnarowski said. 'Are we being honest with ourselves in saying that we did everything outside the economics to make our case to this person?' FIU has more than 40,000 undergraduates, but the athletic department is using a similar philosophy, pinpointing advantages and opportunities to come from the settlement instead of the negatives. Similar to St. Bonaventure, FIU doesn't expect to come close to the $20.5 million revenue-sharing cap available over the next year. For a competitive edge, unlocking new revenue streams is fundamental. 'To compete, from a revenue standpoint, you have to think outside the box of your conventional fundraising and targeting donors,' senior associate athletic director Joseph Corey said. 'That's why you're looking at concerts being held at different venues, different festivals to generate extra revenue to bring in, different revenue streams, and not just fundraising going after the same donors. You've got to go beyond that in order to be able to compete.' Being based in Miami has its perks. Proximity to celebrities is one of them. In August, FIU secured a 10-year partnership with Pitbull, the singer and rapper who coins himself 'Mr. 305.' 'We did the partnership with Pitbull – Pitbull Stadium. He's on tour, but part of the deal was that he would be collaborating with us and doing events for us from a fundraising standpoint," Corey said. "You've got to think outside the box. Especially in a city like Miami, it's about the experience too.' Schools unlocking creative revenue streams is something that can be expected. FIU competes in Conference USA alongside teams like Liberty, Louisiana Tech, UTEP, Kennesaw State and Jacksonville State. The football team went 3-5 in 2024, finishing sixth in the conference. The men's basketball team finished last with a 3-15 conference record. It's hard to sell donors on losing teams. 'Let's call it what it is, FIU's not going to be able to keep up with the Alabama's of the world, the Georgia's, Michigan, or Texas, but what can we do? We can be the best in our conference. That is our goal,' Corey said. 'Let's be the best in our conference and really compete there because once you're at the top of your conference, that means more revenue in other areas. Everyone wants to donate to a winner.'

Yahoo
22 minutes ago
- Yahoo
Brazil's Supreme Court justices agree to make social media companies liable for user content
BRASILIA, Brazil (AP) — The majority of justices on Brazil's Supreme Court have agreed to make social media companies liable for illegal postings by their users. Gilmar Mendes on Wednesday became the sixth of the court's 11 justices to vote to open a path for companies like Meta, X and Microsoft to be sued and pay fines for content published by their users. Voting is ongoing but a simple majority is all that is needed for the measure to pass. The ruling will come after U.S. Secretary of State Marco Rubio warned of possible visa restrictions against foreign officials allegedly involved in censoring American citizens. The only dissenting Brazilian justice so far is André Mendonça and his vote was made public last week. The social media proposal would become law once voting is finished and the result is published. But Brazil's Congress could still pass another law to reverse the measure. The current legislation states social media companies can only be held responsible in those cases if they do not remove hazardous content after a court order. Mauricio Savarese, The Associated Press
Yahoo
32 minutes ago
- Yahoo
SEC scrubbed guidance on DEI in asset manager selection from website
The Securities and Exchange Commission has purged guidance from its website regarding fund manager diversity, but it was hard to find even before President Donald Trump's second term. That pullback from promoting diversity, equity and inclusion in asset management comes as part of the Trump administration's executive orders targeting "DEI" programs. And it underscores the confusing current state of federal efforts to ensure that more women- and minority-owned fund firms get a fair shot at doing business with large government pensions and retirement plans. For advocates, such programs open doors to capital and to rewarding careers as financial advisors or wealth and asset management professionals and, in some cases, the enforcement of crucial civil rights laws. To Trump's supporters, DEI has expanded access for some at the expense of others, to the point that consideration of factors involving race, gender and other identities has turned more important than merit in, say, hiring or the awarding of contracts. The SEC has removed an October 2022 "frequently asked questions" memo explaining how the fiduciary duty applies to the use of DEI criteria in the selection of asset managers, according to a recent study by the U.S. Government Accountability Office, an independent watchdog agency that reports to Congress. The SEC issued the FAQ during President Joe Biden's administration, at which time critics questioned its importance and obscure previous location on the agency's website. Now, with so many aspects related to DEI in administrative or legal limbo, the way forward after small but notable progress in opportunities for women and minority financial professionals looks anything but clear. "I'm optimistic, and that's because we've seen this movie before," said Dorien Nuñez, the president and director of research with consulting firm OMNI Research Group and co-founder of OMNI Wall Street Advantage, a chartered financial analyst training, mentoring and internship organization. He cited the Reagan administration's unsuccessful push to eliminate the Small Business Administration in the 1980s. "This is definitely more aggressive," Nuñez said. "ESG is flourishing globally. DEI is flourishing globally. It's just the political will and megaphone that is fighting against it so much, so vocally." For impact managers whose strategies seek to close wealth gaps through clients' investment portfolios, the administration's anti-DEI actions are "really hampering their marketing efforts" and capital-raising, said Will Gholston, a CFA and certified financial planner who is the vice president of investments with New York-based registered investment advisory firm Re-Envision Wealth. At this point, any fund manager "would definitely think twice before bringing that type of product to market in this environment," he said. "I am currently at a Black-owned firm that's made racial equity investing the centerpiece of our strategies," Gholston said. "You have to be much more cautious in the way that you design products, the way that you talk about products. There is that risk that you're going to be in trouble." READ MORE: Which publicly traded firms have the best and worst racial equity grades? Representatives for the SEC didn't respond to inquiries about the removal of the guidance from its website or the findings of the GAO report, which updated the watchdog's 2017 study on asset manager diversity and came at the request of Democratic lawmakers three years ago. The dearth of assets managed by women- or minority-owned firms received more attention following the 2020 murder of George Floyd as part of the industry's response to the nationwide protests. The GAO found some signs of change at certain pension plans and across the industry. Five federal pensions told the researchers that 61 women- or minority-owned asset managers were overseeing a combined $4.06 billion on their behalf at the end of 2022 — but that was still only 2.8% of the externally managed assets across the plans. On the other hand, that is a far higher share than in asset management in general. As of 2023, the industry-wide assets managed by women- and minority-owned firms had ticked up to 1.1% from less than 1% in 2017. However, that tiny blip added up to a total of $1.3 trillion in assets managed by 340 firms, compared to $529 billion at just 180 firms only six years earlier. That's a 146% surge in assets, or a difference of $771 billion in AUM, and an 89% jump in the net increase of 160 more firms with some degree of ownership by women or Black, Hispanic, Asian American or other minority group members. READ MORE: DOGE cuts to fair housing grants hit HOME for financial advisor The ramifications of Trump's DEI orders to the SEC remain difficult to ascertain, based on the agency's website. The conservative Heritage Foundation's Project 2025 policy blueprint for Trump's administration called for the SEC to end "discrimination based on immutable characteristics" in the form of "offices at financial regulators that promote racist policies (usually in the name of 'diversity, equity, and inclusion')." And, in February, SEC staff informed GAO researchers that they had taken down the previous guidance about "investment advisers' consideration of DEI factors when recommending or selecting other advisers" based on Trump's executive orders in the previous month, the GAO report said. "As a result, we removed our assessment of this guidance from our review," the report's authors, Director of Financial Markets and Community Involvement Michael Clements and Director of Education, Workforce and Income Security Tranchau "Kris" Nguyen wrote. "SEC staff also told us that they were analyzing the potential impact of the executive orders on their activities related to promoting and collecting diversity policies and practices through SEC's diversity self-assessment form for its regulated entities." The link to the 2022 FAQ now goes to a "403 error" page. But still available are the "Diversity self-assessment tool" for regulated entities, a bare section explaining the purposes of the SEC Office of Minority and Women Inclusion under the Dodd-Frank Law and a statement by two commissioners praising the now-purged guidance. The report, which stated that the GAO hasn't "determined the scope and effect of the January 2025 executive orders or their impact on SEC programs and activities" didn't include any information about what specifically made the FAQ out of compliance with Trump's executive orders. "Staff from SEC's Division of Investment Management issued this guidance to clarify that investment advisers may consider DEI factors when recommending or selecting other advisers, such as asset management firms, provided that doing so is consistent with the client's objectives, the scope of the relationship and the adviser's disclosures," Clements and Nguyen wrote in a footnote. READ MORE: Fighting systemic racism with estate planning — one client at a time Even before Trump took office, some industry experts wondered what, if anything, to conclude from the FAQ. The guidance "raises more questions than it answers," according to a November 2022 blog by consulting firm Patomak Global Partners entitled "The Curious Case of the Hidden FAQ." The SEC issued no corresponding public announcement about the guidance, the blog noted. And the agency didn't even include the FAQ alongside others available in the FAQ section of its website. In fact, the mere existence of the guidance may not have become publicly known without two of the commissioners releasing the statement. And any asset allocators or managers would have found it difficult to use in the first place, according to Patomak, which described it as "a check-the-box exercise to implement a controversial recommendation." "Even if an adviser stumbled upon the FAQ," the blog continued, "it does not provide helpful guidance as to how an adviser can incorporate DEI factors into its selection or recommendation of other advisers consistent with its fiduciary duty to clients. Investment advisers should be wary of overreliance on this FAQ. Staff FAQs have no legal force or effect and do not alter or amend applicable law, given that they represent the views of SEC staff, not the Commission. Choosing an investment adviser with a short track record or minimal AUM can open an investment adviser to significant liability in the event of subpar performance or an incident of defalcation, a problem this nonbinding FAQ is unlikely to solve, particularly in light of the fact that it contains no guidance on how to balance these competing concerns." READ MORE: How financial advisors can help close the racial wealth gap Regardless, advocates like Nuñez and Gholston will continue their work in any political climate — and welcome collaboration from other industry professionals in the mission to increase opportunities and align clients' portfolios to their principles. "The short answer is, contact me," Nuñez said. "Some of us have been out here doing this for decades, and we're now working closer together than before. But it is very fragmented." Taking down the guidance is "definitely a move in the wrong direction" by the SEC, but efforts to increase women- and minority representation in asset management "have been so inadequate to date that there's not much room to decline," Gholston said. And that has spanned Democratic and Republican administrations, he pointed out. The underlying trends in the investing marketplace aren't going away in Trump's second term, according to Gholston. "The desire for greater fairness and a level playing field in the investment management world has not declined amongst the populace, the investment world and our clients," he said. "It's very likely that, over the long term, we're going to see a renewed effort in this space." Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data