Why Black People Are At The Bottom?

[NubianVitruvian]

We need to create our own opportunities. Any where there's a problem, there's a business around solving that problem. We are at the beginning. There is a business in helping blacks start businesses. If they can do it, we can do it.

 

[Sunalmighty]

You look for opportunity, you don't wait for it to arrive at your door step.
It will never come if you don't seek it.

True, but I think you know what i mean. Sooo many of our people want handouts.

 

[J-Fire]

Slogan is pointless, if it isn't enacted. If black businesses flourish with black money, then that can have a domino effect and produce jobs. The more jobs available, the less brothers and sisters on the streets. But it still involves the thinking of our people. Stay on the streets and HUSTLE all day and make 5x as much as I would working on some job??? That's the mentality that has to be broken. The thing is, a lot of brothers and sisters are looking for a way out, but the opportunity hasn't presented itself.

then hire Asians. Black owned doesn't equal black operated! gotta give the people what they want!

 

[Sunalmighty]

then hire Asians. Black owned doesn't equal black operated! gotta give the people what they want!

I'm with you. If niccas rather hustle than work, oh well. There is a BBQ spot in Lafayette, California called Bo's. classy spot, even comes with a live band. 95% of his patrons are WHITE and ALL of his workers are Mexican. He said he doesn't like dealing with black folks on the employment end because they are lazy. Understand THIS mentality though, you don't like hiring black folks but they can pay to eat at your place??? I haven't been back since.

 

[cornercommission2k12]

the lost point here is, there are plenty of black business men and women who attempt to open businesses.

they face a struggle to do so tho, financing, certificates, insurance, all these things are headaches in opening a business

then when you get the business open, you have to go through very high wholesale markets for product forcing you to sell your merchandise higher than the asian and arab. then black people in your hood snipe at you saying you too expensive when in fact in order to cover the over head you have to sell it at those prices based on what you are paying wholesale for it.

then add the fact black business owners get stuck having to take care of that over head, pay employees, pay the lease, pay the bank or credit union and unless your business is off the ground and running you can fall apart in the first 6 months. then guess what, after all that you gotta take care of those taxes

flipside, the asains, arabs, koreans coming from across seas get a 7 year tax break. they also have places in china, korea etc that allows them to get they inventory dirt cheap and sell it lower than the american made businesses.

then they come waay from across seas and set up right in black communities and use the struggle we have getting businesses against us.

and gotta give them credit cause they also set up networks so that once 1 arab sets up and gets it cracking they call they family members and they come set up a business soon after.

its many ways to counter this, but the 1st things we have to do is change the laws were we can receive the same tax breaks those coming from across seas receive, then also we have to find warehouses, maybe across seas where we can get our inventory as cheap to compete with the going market

its the reason credit unions and financing banks drop 50-75k for a barbershop beauty salon because they know they can get they money back for that

hard to drop that for a clothing store, dollar store, etc because the asians, koreans, etc got that market sowed up when they selling items for what we would have to pay in wholesale.

 

[Rawtid]

the lost point here is, there are plenty of black business men and women who attempt to open businesses.

they face a struggle to do so tho, financing, certificates, insurance, all these things are headaches in opening a business

then when you get the business open, you have to go through very high wholesale markets for product forcing you to sell your merchandise higher than the asian and arab. then black people in your hood snipe at you saying you too expensive when in fact in order to cover the over head you have to sell it at those prices based on what you are paying wholesale for it.

then add the fact black business owners get stuck having to take care of that over head, pay employees, pay the lease, pay the bank or credit union and unless your business is off the ground and running you can fall apart in the first 6 months. then guess what, after all that you gotta take care of those taxes

flipside, the asains, arabs, koreans coming from across seas get a 7 year tax break. they also have places in china, korea etc that allows them to get they inventory dirt cheap and sell it lower than the american made businesses.

then they come waay from across seas and set up right in black communities and use the struggle we have getting businesses against us.

and gotta give them credit cause they also set up networks so that once 1 arab sets up and gets it cracking they call they family members and they come set up a business soon after.

its many ways to counter this, but the 1st things we have to do is change the laws were we can receive the same tax breaks those coming from across seas receive, then also we have to find warehouses, maybe across seas where we can get our inventory as cheap to compete with the going market

its the reason credit unions and financing banks drop 50-75k for a barbershop beauty salon because they know they can get they money back for that

hard to drop that for a clothing store, dollar store, etc because the asians, koreans, etc got that market sowed up when they selling items for what we would have to pay in wholesale.

There's never been proof of foreigners getting a tax break for opening a business so I don't really think that's true but I will agree that they have better access to distributors than blacks do, so they can sell their products for the cheap.

I also don't think the majority of foreign owned businesses acquired loans to start them. The corner store in the hood was bought with cash or passed down from another family member for a minimal cost. Foreigners are typically better with money and/or work better together which makes their start up costs minimal.

 

[franknitty711]

I'm with you. If niccas rather hustle than work, oh well. There is a BBQ spot in Lafayette, California called Bo's. classy spot, even comes with a live band. 95% of his patrons are WHITE and ALL of his workers are Mexican. He said he doesn't like dealing with black folks on the employment end because they are lazy. Understand THIS mentality though, you don't like hiring black folks but they can pay to eat at your place??? I haven't been back since.

Hit up Everett n Jones. They keep it thorough. I just wish they had a higher quality meat/pork.

 

[MeachTheMonster]

There's never been proof of foreigners getting a tax break for opening a business so I don't really think that's true but I will agree that they have better access to distributors than blacks do, so they can sell their products for the cheap.

I also don't think the majority of foreign owned businesses acquired loans to start them. The corner store in the hood was bought with cash or passed down from another family member for a minimal cost. Foreigners are typically better with money and/or work better together which makes their start up costs minimal.

The thing is, opening these small businesses isn't really the road to prosperity. Yeah they make decent money off the hair store, but they have 12 people in the household living off that money. Their ultimate goal is to pay for their kids education, so they can go get a job.

 

[J-Fire]

delete

 

[theworldismine13]

The thing is, opening these small businesses isn't really the road to prosperity. Yeah they make decent money off the hair store, but they have 12 people in the household living off that money. Their ultimate goal is to pay for their kids education, so they can go get a job.

What's your point?

 

[MeachTheMonster]

What's your point?

That opening a business isn't the end all be all answer that people like to say it is.

 

[boskey]

The thing is, opening these small businesses isn't really the road to prosperity. Yeah they make decent money off the hair store, but they have 12 people in the household living off that money. Their ultimate goal is to pay for their kids education, so they can go get a job.

What does this even mean? How is that not the path to prosperity? If they are able to support 12 people and send kids to college that sounds like a pretty damn good business.

What else is there in life? Yachts and shyt?

Owning businesses and property is by far the 2 most important things for any community/ethnic group. Way more important than college degrees...

 

[J-Fire]

That opening a business isn't the end all be all answer that people like to say it is.

well i don't know any white people that open business to capitalize off the white community at the trailer park. They don't work with trailer trash.


why is the black man expected to work with the hood? why can't he just work with the rich blacks like he was saying entertainers do and stay separate. That's good business the way america is built. Never seen a white person give a handout to the trailer park to keep it real.

 

[Rawtid]

The thing is, opening these small businesses isn't really the road to prosperity. Yeah they make decent money off the hair store, but they have 12 people in the household living off that money. Their ultimate goal is to pay for their kids education, so they can go get a job.

A steady income and making the right decisions with that income, is the road to prosperity not opening a business.

I just think opening a need based business, such as a corner store, will provide a more stable career path than any other option available and that's really what matters most.

 

[MeachTheMonster]

What does this even mean? How is that not the path to prosperity? If they are able to support 12 people and send kids to college that sounds like a pretty damn good small business.

What else is there in life? Yachts and shyt?

Owning businesses and property is by far the 2 most important things for any community/ethnic group. Way more important than college degrees...

12 people living off 100k a year is no different than 2 people living of 20k a year.

You don't have to open a business to send your kids to college.

And no opening businesses isn't way more important than a college degree. Money, wealth, prosperity is worldwide, the route to that is through education, not opening a hair store in the hood.