got something on the way.
How will you practice group economics in 2015 and beyond?
- Thread starter Skooby
- Start date
got something on the way.
↓R↑LYB
I trained Sheng Long and Shonuff
I'm still trying to figure out how to effectively do that. There's so many supposedly black companies that are owned by whites. I should have bookmarked the site that had the list.
To get on my directory you have to actually have a business license, federal tax ID, and registered with the state. You also have to provide proof of the licenses necessary in your industry. If you sell alcohol, we need to see a copy of your liquor license for example. Plus there will be reviews and a rating system. If you do shytty business, the market will weed you out. Unfortunately it won't be national, at least not in the beginning. I'm going to focus on Atlanta, then spread out from there.
The problem with most directories is 1) they're just hideous to look at 2) the technology the platform is built on is extremely archaic, and 3) they spread themselves too thin. They have a staff of 1 trying to list every black business in the US. It's damn near impossible to have any quality control doing it that way.
Etsy is white owned obviously, but I agree with your sentiment. Black women unfortunately have been more serious about economic empowerment than black men and it's absolutely shameful IMO. Which is why I will never say shyt about black women in our community because they're doing shyt we've been refusing to do. I also have a 2nd business I'm going to start working on next year with my business partner that I hope to compete with Etsy. Once it launches I'll talk about on the coli but I think it would allow us to practice group economics more easily. In the meantime I recommend everyone to start shopping with blackshoppingchannel.com. It's black owned and they're trying to compete with Amazon. All of their products aren't black owned, but at the very least you know a black person is making money off the white produced product. I go there now before I go to Amazon.
That's something the directory can't address unfortunately. One of the biggest problems we face is that not enough of us want to be business owners. Personally I've made it my mission to convince every black person I know to start a business instead of working for white people. Sadly I told someone from my organization I belong to that and he told me it's sad that I feel that way about white people
I'm already researching who I would use as a spokesperson and Tariq is definitely one of them. I have some marketing strategies already that would give me a platform to promote the site.
On another note sometime in the near future I'm gonna open a natural beauty supply store in Atlanta. I don't know of a single one and it's a market that's exploding as you already know. Black manufacturers will get preferential treatment obviously :jappls:
I bought Devin Robinson's book on entrepreneurship, and when I get closer to being serious about it I'm gonna get his book about how to open a black beauty supply store and take his course/seminar:
http://www.beautysupplyinstitute.com/
Here's a video of him talking about it on TV One:
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KnowledgeDropper
All Star
I'm going to try to support blacked owned businesses wherever I find them
I'm going to donate to HBCUs (Morehouse, Spelman and Howard will get donations from me annually going forward, I have fam that have went through all three)
There should be groups that help seed black owned entrepreneurs - if there aren't, they need to be started
I'm going to donate to HBCUs (Morehouse, Spelman and Howard will get donations from me annually going forward, I have fam that have went through all three)
There should be groups that help seed black owned entrepreneurs - if there aren't, they need to be started
↓R↑LYB
I trained Sheng Long and Shonuff
Since you came up with the idea, you're more than welcome to put something together fam. shyt won't ever get done if we keep waiting on somebody else to do it.
We also need people willing to go overseas to talk to banks, businessmen and government officials about loans and foreign investment
BaldingSoHard
Banned
Realistically, I probably won't.
Care to elaborate breh?
Can't put an idea out there before completion but you and the rest of the coli will know when the beta is ready to go.
Prime example, Mollywatr/ Mollywater
Word
because this is the hardest work to do, we know how to complain but we don't know how local government works, we don't know how to start businesses and we don't know who is black owned and how to reroute our money that way.
Also, this is a long term type of mindset & we don't see the instant gratification from spending our dollars together so in today's mindframe it isn't much incentive.
