Im convinced most of the Coli has no idea how business works.

[™BlackPearl The Empress™]

As a person who started her own business I can tell you that it's not easy but I wouldn't say it particularly difficult either. It's more about diligence, research and trial and error. These things aren't difficult but most people aren't built to fail and get back up and try again. Most people don't have the drive or creativity to own their own b/c our society teaches us to depend on others and be complacence with the dictation of our lives by others. It is what it is.

 

[Freedman]

1. LOG Off the Coli
2. Go outside and open your business

 

[Nemesis]

Y'all swear it's easy for every nikka to start their own business


Aight then, explain exactly HOW easy it is to just start a business and get the profit rolling?


Y'all some fukkin business experts but can never explain the shyt

Im a business owner........ I own two

concerning profits you generally work to a three year rule.... first year loss.... second year break even more or less... third year profit


most businesses fail within 3 years


starting a business is easy.... running one is much harder .... making one profitable is even harder than that.....

I could write a damn essay... but its just easier to answer specifics

 

[Crucial]

Most of them don't have a clue OP.

One of the first things I learned in University is that MOST entrepreneurships fail. You don't expect profits, let alone to break even within the first few years.

That alone shows how hard it is.

Also, there is risk because a failed business usually means DEBT. With a regular job, you get fired you just out a job.

When you own a business, you could be out of business AND in debt. A 9 to 5 is often much more stable. With dependents you need stability.

And another thing, you are going to have trouble succeeding in something that has already been done. You need to therefore do it better than

whoever else is trying the same idea.

Not meaning to sound negative, but I have applied to banks to get funding for a startup and the questions they ask before lending makes

you ask yourself if you really have a good idea in the first place.


And what's up with the fukking insults??! You motherfukkers mad for him asking this??

 

[BrandonBanks]

Not everyone is meant to be the boss or innovate but unfortunately in the black community were conditioned and frightened into believing the comfort of a secure job is the end all be all.

Im assuming this thread meant to fear monger and scare people out of an independent mindset.

For other communities their best become leaders that can create opportunities but for us our best and brightest are cool with fancy titles. Its changing with the younger generations though.

Exactly

 

[KidJSoul]

Getting loans can be difficult if you're a minority as well

 

[Colin X]

Exactly

If a fukkin post on the Internet can mess with your feelings this much idk how you expect to run a business



You callin me weak but y'all the ones feeling personally attacked by this thread

 

[MillionMills]

OP sounds too weak too start a business anyway, on here bytching about us posters..sounding like he wants us to baby feed him how to have a successful business

Just stay an employee and shut up

 

[Unknown Poster]

Such a disgusting "I can't" mentality eminating from the first page alone....



and we wonder why black americans stay losing. we need more black.entrepeneurs we need to circulate the black dollar more than 6 minutes.. not people with the OP's attitude happy to be on the plantation as a slave.

 

[315]

Ya'll nikkas silly as fukk

 

[Nemesis]

Most of them don't have a clue OP.

One of the first things I learned in University is that MOST entrepreneurships fail. You don't expect profits, let alone to break even within the first few years.

That alone shows how hard it is.

Also, there is risk because a failed business usually means DEBT. With a regular job, you get fired you just out a job.

When you own a business, you could be out of business AND in debt. A 9 to 5 is often much more stable. With dependents you need stability.

And another thing, you are going to have trouble succeeding in something that has already been done. You need to therefore do it better than

whoever else is trying the same idea.

Not meaning to sound negative, but I have applied to banks to get funding for a startup and the questions they ask before lending makes

you ask yourself if you really have a good idea in the first place.


And what's up with the fukking insults??! You motherfukkers mad for him asking this??

One thing thats very important that I always tell anyone that enquires about starting a business...

if you are not ready to go into debt, then you are not ready to start your business......

whether its a startup business loan, money borrowed from friends or family, investors, running the business on credit cards or an overdraft chances are you are going to incur some kind of debt, and if you aint ready for that then you aint ready

 

[Malik1time]

I have a LLC with my brother we wholesale properties
It's more of a side thing I know I'm supposed to treat it as a business but I'm fine with make a extra 3k a month and no hiring people
My brother and I wholesale 2 houses per month

 

[LurkMoar]

Getting loans can be difficult if you're a minority as well

Yep

Yall might want to cacify those applications

Turn jerome into josh

 

[FSP]

Let me tell you, its hard as hell to rely on the black community. They don't have the instinct to buy things that make them happy.

People think there is a myth that white people just support any white business. That is a lie straight out of the buy black playbook. What really happens is white people are not hesitant to ensure good service is not lost. They see someone do something original and it makes them feel good, they buy instantly.

They don't just say "awesome," or "will support." They do it immediately.

It's what I am currently struggling with. Making an ultra high quality unapologetically black franchise and having a customer base that says "Oh I got to get this," but don't or buy like 1 copy 2 months later.

Most in the black community just don't understand what momentum is. If my kickstarter was to be relied upon exclusively on the black community, I would probably be doomed almost entirely because they take their time in a game where time is the most valuable commodity.

Dapped again. You are also a very eloquent writer. Can I ask...did college teach you that, or was it just practice, or have you always had a gift for writing?

 

[KidJSoul]

Yep

Yall might want to cacify those applications

Turn jerome into josh

Turn Hakeem into Harold