Category: Uncategorized

Welcome to WordPress. This is your first post. Edit or delete it, then start writing!

553 startups failed in 2019, with total funding of $1.9B.

Here’s the “Top 10 Startup Failures of 2019” by Adam Hassan. https://link.medium.com/62rK5jPYR2

Research shows that the global hair color market is expected to reach over $326 million by 2025; and Electra Davis from Alabama is already disrupting the industry .as the first African American entrepreneur to sell her chemical-free temporary hair color products on Amazon, the busiest marketplace in the world.

Support this 👑 @ https://mysteeknaturals.com/

Five years after the Michigan city was hit with its public health emergency, there’s good news—and signs of an entrepreneurial resurgence—coming out of Flint.

https://www.citylab.com/equity/2019/04/flint-small-business-startups-water-crisis-economic-recovery/587986/

Whether it’s your Dream business or your employer’s business….

Guess what?  You’ll still have to work from the ground up!

Most want to start as “The Boss”. But that’s not how it works in employment nor entrepreneurship. Five of every 6 business entities in America, the entrepreneurs are the one and only employee. And often, even in the depths of Silicon Valley, many disciplined investors are financing the entity over the owner; often reducing him to a lower managerial role (if they keep him involved at all). Even granting institutions are more focused on your responsibilities over your title or “role”. In my experience owning and consulting small business owners, many titles often bring entitlements to the team; often dangerous before revenue has materialized yet. There’s plenty of Semi-CEOs and Barefoot Bosses in the business environment saying “be your own Boss”; but very few entrepreneurs actually separate, specialize, &/or regulate themselves for the entitiy’s interests (as a real boss should).

So use it as motivation! Start in your dream business as entry level! If you can’t work for you, who will? Separate your business, and it’s own interests, from your personhood. If you wouldn’t hire you; why should your dreams? Do you have that resilience?

Despite being chairman, I always humbled my role to my firm’s income level. In my first two businesses I’ve owned, I was a gardener (title: Materials Handler) for my landscaping company and a grounds keeper for my first real estate holdings corporation. With my business I’ve owned the longest (12 years)? I spent the first 4 of those years as my call center rep and admin asst.; then, another 6 promoting and demoting myself between a VP and sales rep. In a solar sales business my wife and I own, I was lead canvasser.

Aside from just sheer motivation, separate entity structures also allows us to leverage lots of taxes and expenses that market entry and state compliances (Cali is brutal) that sink most startups and small businesses. But most entrepreneurs ignore these perks because they often wear their businesses too much on their chest; so hard that the business concept never outgrows your personal circumstances to become the business you’ve dreamed of.

Sincerely,

RH Elliott

(Co-Founder, Chairman, & …) & VP of Strategic Partnerships

Stress Test: Aside from CEO/President, What position would your dream business hire you as?

There are many ways to generate Black wealth in our communities.Here’s 12 sure fire ways to make your money work for you & your people:

1. Shopping Together: Before you visit the grocery store, try checking your shopping list first through www.WeBuyBlack.com . As the world’s largest Black owned online shopping platform, they offer the best opportunity to buy, sell, & showcase Our products to Our global community! 

2. Boycotting Together: Boycott from buying products from companies who support and finance legislation that negatively impact Our lives and livelihoods. Although we may differ on who deserves to be boycotted more than others, the corporations who support ALEC (whose responsible for Stand Your Ground, Voter IDs, and other “school to prison pipeline” tactics) have a direct conned on to our plight and should never see our money. Just as they advocate: no more free rides. Use the www.Buycott.com app and select an “ALEC” campaign to boycott purchases by who they fund to ensure not a drop of Our money will finance those directly against Our well being!

3. Saving Together: Sometimes the best thing you can do w/ your money now is save it for a we better use later. And while you put away Credit unions are one of the earliest and most successful forms of cooperative economics. Find a Black owned credit union near you, or form one of your own (www.AACUC.org), to take advantage of acquiring rates and adding leverage to your financial opportunities!

4. Banking Together: Find one of the 38 Black-owned/operated banks left for your financial needs. www.OneUnited.com is the Largest Black Owned Bank in America and offers Online & Business Banking at a competitive level as other popular banks. And the more we put our assets together here, the more banks like One United can become a more self-capable commercial player in developing our financial industry. Set up an online business account today!

5. Fund Together: We can never truly build w/ full autonomy until we depend on ourselves for affording it. But when we need to crowdfund for causes or businesses, we need to stop thinking “gofundme” and start thinking www.BBnomics.com ; Our largest crowdfunding platform in America! Start or support a campaign today!

6. Choose Who To Fund Together: Worried about if the right businesses get funded? www.OurOwn.Life provides a crowdfunding platform that we can fund, get informed & even vote together on the best projects in your own community! You can join their mission to build & diversify Our dollar starting as low as $1! 

7. Start/Run Our Businesses Together: Seeking to start (or grow) a business? Don’t “LegalZoom” it. Just “Black-Tie” it! Black-Tie offers a plethora of start-up services for under $100, free consultations, & also subcontracts work to other Black-owned businesses & professionals; creating a full-service environment for business development. They’ll also pay you $50+ for each referred friends and family use them to start a business. Visit www.Black-Tie.Biz to book a free consultation on how to best afford and develop your ideas, dreams, causes, & passion projects grow into real businesses!

8. Network w/ Businesses Together: When it comes to business, it’s not only who you know but who knows you! There’s nothing like getting Enter E-GrassRoots Business: the largest online Black business network & directory . Download their app at www.EGrassRootsBusiness.com , & join their FaceBook group “Black Owned Businesses” to network, engage, & grow w/ over 43,000 verified Black owned businesses & service professionals real-time!  

9. Trade Together: Buy, Sell, Converse, Lend, Socialize, Act, etc……Black Trade Circle offers boundless ways to connect and empower each other in this Information Age! Their innovative approach focuses on the core elements of Our social consciousness, entertainment, culture, community & economics to make the Global Village work similar to Our villages in past histories; how civilizations were born since the beginning! Download the app at www.BlackTradeCircle.com .

10. Invest in Markets Together: While many financial service platforms offer credit repair, budget tactics, and savings plans (as they should); they don’t really dive into the invest world. There’s more to investing than mutual funds and index funds. And, the Black Market Exchange ( www.TheBMEX.com )are the #1 urban investment education site for millennials and aspiring investors that have been under-served & under represented for generations. Plus, their unorthodox approach of blending Hip-Hop and investing in the financial arena will have you learning & running your investment portfolio. Join their 30 day challenge today!

11. Invest in Real Estate Together: We can either continue to let others gentrify us out of our neighborhoods; or Buy the block back! www.BuyTheBlock.com enables Our communities to buy & profit from real estate together as “BlockVestor”, starting as low as $25! And as Block Developers, Buy The Block helps us acquire financing and develop Our own communities; a new mechanism to raise capital via the internet through our real estate crowdinvesting platform w/ massive databases of BlockVestors.

12. Insure/Retire Together: Embarkers Group Benefits is a full-service brokerage firm providing solutions in every aspect of your employee benefits portfolio. Even if you’re already insured, Embarkers can also fill in the gaps with medical, dental, vision, life, retirement, & a wide array of supplemental and ancillary cafeteria benefits involved with affording a longer, fulfilling life with your livelihood! Get a free quote here today: www.Embarkers.net