What's the best way for a black man to become wealthy in America?

KOohbt

KOohbt

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Voice of Reason said:
Software entrepreneurship is different than web development breh:mjlol:
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I like how you threw software entrepreneurship in there to try and sound like you know what ur talkin bout.:russ:


I wonder what the owners of Facebook think about that:ohhh:

How can one possibly get wealthy off web development :ohhh:

Hopefully one day we'll find out.
 
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Voice of Reason

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Niklaus said:
Stop trying to sound smart breh....we all know what he meant when he said "web development". What do you think he meant by that? Making online encyclopedias?
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I thought breh meant web development. As in someone who works with html and JavaScript everyday. I guess he meant entrepreneurship.
 
MalikX

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Voice of Reason said:
I thought breh meant web development. As in someone who works with html and JavaScript everyday. I guess he meant entrepreneurship.
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Building apps. Building sites. Charging people to build their apps and sites. Teaching people how to build apps and sites. People always have ideas but, can't build them because they can't code. The guy who knows how has an invaluable skill because he can literally whip up anything, at that point, it just becomes about finding the right idea.
 
Warren Moon

Warren Moon

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There's a lot of ways to make money. But the billionaire black people have one designation at the end of their corporate name. 97 out of the top 100 grossing revenue black businesses have it.



Minority business enterprise (mbe) :blessed:


If u don't do ur own research into finding out what this is, and what u can be. You just don't have it in u. U work for us:jawalrus:
 
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MaccabeanRebel

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Master Teacher said:
You have to want to be wealthy and make it a goal.

First you have to eliminate bills. Also sacrifice.

The best analogy I can give is too look at like you are fighting a boss in a videogame, that has multiple parts you need to kill to stop them from attacking you.

Bills and expenses of course are thinks that attack your money
Instead of living in house or a nice apartment, cash out a trailer, and live it in that. Now you can save money you would've spent on rent.

Instead of going to get a car note, go cash out a reliable used car so you don't have to pay a car note every month.

Now you have a roof and transportation already paid for. Now you can stack money no matter what your income is because you don't have to worry about being homeless.

If don't know how to buy and sell things for a profit just save your money. All you need is 100,000 grand to never work again.

Once you get 100,000 use to by a bond for that same amount. Take that 100,000 bond and take out a line credit against, the interest the bond generates will be enough to pay the monthly on the line credit, so now you can spend your money without losing it.
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Got any links you can point me to about that bond strategy you mentioned?
 
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MJ Truth

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True wealth?

To be real, it's happened so infrequently that it's damn near impossible to say which is the best way FOR Black Americans to pull it off. You're only going to get a more generalized answer. And to be frank, people are just throwing up random occupations, when for the most part working for someone else isn't really the way to go about generating wealth, you generate it through ownership.
 
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