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"Should I lower my price point? Give my new product away for free online? How do I compete when my goods, services, or business model might be duplicated?" In this candid, 21st-century-savvy guide, Dante Lee illustrates how passion can become profit by addressing the questions that every businessperson needs to ask. Black Business Secrets discusses the entrepreneurial skills that African-American business owners must master in order to compete in a world where most new companies fail within three years. Whether you’re a weekend entrepreneur or a career-changing professional, Lee’s motto—"don’t be a worrier, be a warrior"—applies. From personal branding to best practices, this empowering blueprint offers surefire tips and strategies designed to ensure business survival and success.
The African American Entrepreneur by W. Sherman Rogers Pdf
African American entrepreneurship has been an integral part of the American economy since the 1600s. On the eve of the Civil War, the collective wealth of free blacks was approximately $50 million. In 2006, African Americans earned a whopping $744 billion, a figure that exceeds the gross domestic product of all but 15 nations of the 192 independent countries in the world. As W. Sherman Rogers ably demonstrates, African Americans have achieved these economic gains under difficult circumstances. Slavery, segregation, and legally limited access to property, education, and other opportunities have taken a heavy toll, even to this day. Besides providing a penetrating glimpse into the world of black entrepreneurship both past and present, this book urges African Americans to gain financial independence as entrepreneurs. Business ownership, Rogers argues, will bring security, wealth that can be passed to successive generations, and educated offspring with much greater earning power. The African American Entrepreneur: Then and Now explores the lower economic status of Black Americans in light of America's legacy of slavery, segregation, and rampant discrimination. It shines a light on the legal, historical, sociological and political factors that together help explain the economic condition of Black people in America from their arrival in America to the present. In the process, the book spotlights the many amazing breakthroughs made by Black entrepreneurs even before the Civil War and Emancipation. Profiles of businesspeople from the post-Civil War period through today include Booker T. Washington, pioneer banker and insurer A.G. Gaston, hair care entrepreneur Madame C.J. Walker, Ebony publisher John H. Johnson, Black Entertainment Television founder Robert L. Johnson, publisher Earl Graves, music producer Damon Dash, rapper Sean Combs, former basketball stars Dave Bing and Magic Johnson, food entrepreneur Michelle Hoskins, broadcast personality Cathy Hughes, former Beatrice Foods head Reginald Lewis, Oprah Winfrey, and many more. As Rogers points out, reading about remarkable African American entrepreneurs can inspire readers to adopt an entrepreneurial mindset. To further that goal and help readers take the plunge, he outlines many of the skills, tools, and information necessary for business success-success that can help chart a new path to prosperity for all African Americans.
The African American Entrepreneur by W. Sherman Rogers Pdf
This second edition provides both a history of black entrepreneurship in America throughout all periods of American history and a roadmap that explains the steps that prospective entrepreneurs must take to achieve success in business. This second edition of The African American Entrepreneur explores the lower economic status of black Americans in light of America's legacy of slavery, segregation, and rampant discrimination against black Americans. The book examines the legal, historical, sociological, economic, and political factors that together help to explain the economic condition of black people in America, from their arrival in America to the present. In the process, it spotlights the many amazing breakthroughs made by black entrepreneurs even before the Civil War and Emancipation. Part One explores the history of African American entrepreneurs from slavery to the present; Part Two provides a primer and roadmap to success for aspiring entrepreneurs.
Black Entrepreneur Survival Guide by Dunneille Anderson Pdf
Attention African American Entrepreneurs: Did you know most Black Owned Businesses FAIL within the FIRST YEAR? Are you unsure of how to efficiently establish, manage and grow your business? There are KEY PRINCIPALS you must learn so that your BUSINESS can thrive, "Black Entrepreneur Survival Guide" will teach you how to: 1. Develope the right team will ensure success. 2. Properly use social media to grow your business. 3. Attract the right clients/customers.. 4. Run your business professionally. 5. Brand your business. 6. Form the legal entity right for your business. 7. Efficiently market and sell your product or service.. 8. Network to grow your business and much more............... The book "Black Business Survival Guide" covers these topics and much more, with the proper preparation your business will not become another statistic. INVEST IN YOUR BUSINESS today by purchasing your copy of "Black Entrepreneur Survival Guide"
How to be an Entrepreneur and Keep Your Sanity by Paula McCoy Pinderhughes Pdf
This guide is the ultimate tool for African Americans who really want to take charge of their lives. It gives step-by-step instructions on how to join the entrepreneur's winner's circle and has hundreds of resources as well as real-life biographies of some of America's leading African-American entrepreneurs.
The History of Black Business in America by Juliet E. K. Walker Pdf
In this wide-ranging study Stephen Foster explores Puritanism in England and America from its roots in the Elizabethan era to the end of the seventeenth century. Focusing on Puritanism as a cultural and political phenomenon as well as a religious movement, Foster addresses parallel developments on both sides of the Atlantic and firmly embeds New England Puritanism within its English context. He provides not only an elaborate critque of current interpretations of Puritan ideology but also an original and insightful portrayal of its dynamism. According to Foster, Puritanism represented a loose and incomplete alliance of progressive Protestants, lay and clerical, aristocratic and humble, who never decided whether they were the vanguard or the remnant. Indeed, in Foster's analysis, changes in New England Puritanism after the first decades of settlement did not indicate secularization and decline but instead were part of a pattern of change, conflict, and accomodation that had begun in England. He views the Puritans' own claims of declension as partisan propositions in an internal controversy as old as the Puritan movement itself. The result of these stresses and adaptations, he argues, was continued vitality in American Puritanism during the second half of the seventeenth century. Foster draws insights from a broad range of souces in England and America, including sermons, diaries, spiritual autobiographies, and colony, town, and court records. Moreover, his presentation of the history of the English and American Puritan movements in tandem brings out the fatal flaws of the former as well as the modest but essential strengths of the latter.
Building the Black Metropolis by Robert Weems Jr.,Jason Chambers Pdf
From Jean Baptiste Point DuSable to Oprah Winfrey, black entrepreneurship has helped define Chicago. Robert E. Weems Jr. and Jason P. Chambers curate a collection of essays that place the city as the center of the black business world in the United States. Ranging from titans like Anthony Overton and Jesse Binga to McDonald's operators to black organized crime, the scholars shed light on the long overlooked history of African American work and entrepreneurship since the Great Migration. Together they examine how factors like the influx of southern migrants and the city's unique segregation patterns made Chicago a prolific incubator of productive business development ”and made building a black metropolis as much a necessity as an opportunity. Contributors: Jason P. Chambers, Marcia Chatelain, Will Cooley, Robert Howard, Christopher Robert Reed, Myiti Sengstacke Rice, Clovis E. Semmes, Juliet E. K. Walker, and Robert E. Weems Jr.
African American Entrepreneurs by Michelle Ingram Spain,J. Mark Munoz Pdf
African American entrepreneurs are key contributors to the American economy. Faced with numerous challenges, many African American entrepreneurs have learned to transcend tough obstacles, leverage resources, and strategically pursue opportunities to achieve business success. This book captures the stories and mindsets of contemporary African Americans in their quest for the American dream.
Race and Entrepreneurial Success by Robert W. Fairlie,Alicia M. Robb Pdf
A comprehensive analysis of racial disparities and the determinants of entrepreneurial performance—in particular, why Asian-owned businesses on average perform relatively well and why black-owned businesses typically do not. Thirteen million people in the United States—roughly one in ten workers—own a business. And yet rates of business ownership among African Americans are much lower and have been so throughout the twentieth century. In addition, and perhaps more importantly, businesses owned by African Americans tend to have lower sales, fewer employees and smaller payrolls, lower profits, and higher closure rates. In contrast, Asian American-owned businesses tend to be more successful. In Race and Entrepreneurial Success, minority entrepreneurship authorities Robert Fairlie and Alicia Robb examine racial disparities in business performance. Drawing on the rarely used, restricted-access Characteristics of Business Owners (CBO) dataset compiled by the U.S. Census Bureau, Fairlie and Robb examine in particular why Asian-owned firms perform well in comparison to white-owned businesses and black-owned firms typically do not. They also explore the broader question of why some entrepreneurs are successful and others are not. After providing new comprehensive estimates of recent trends in minority business ownership and performance, the authors examine the importance of human capital, financial capital, and family business background in successful business ownership. They find that a high level of startup capital is the most important factor contributing to the success of Asian-owned businesses, and that the lack of startup money for black businesses (attributable to the fact that nearly half of all black families have less than $6,000 in total wealth) contributes to their relative lack of success. In addition, higher education levels among Asian business owners explain much of their success relative to both white- and African American-owned businesses. Finally, Fairlie and Robb find that black entrepreneurs have fewer opportunities than white entrepreneurs to acquire valuable pre-business work experience through working in family businesses.
Black Business: African American Entrepreneurs & Their Amazing Success! by Carole Marsh Pdf
Black entrepreneurs can show kids of all ages how to achieve, not only in spite of obstacles, but very, very often, because of them! Wonderful stories of all types of successes and all kinds of ways to get there. Learn how starting at the bottom is a challenge, but no hindrance to making your way to the top of the business ladder. They may see how they can become business successes in today's world.
Black Entrepreneurs in America by Michael D. Woodard Pdf
Beginning with a summary of 200 years of entrepreneurship among African Americans, then moving to in-depth interviews with contemporary entrepreneurs, Michael Woodard provides a powerful record of entrepreneurial vitality in a market that is often hostile and exclusive. The book covers businesses nationwide, representing diverse industries. Woodard ends on a practical note with resources and advice for anyone contemplating an entrepreneurial future.
Encyclopedia of African American Business History by Juliet E. K. Walker Pdf
Black business activity has been sustained in America for almost four centuries. From the marketing and trading activities of African slaves in Colonial America to the rise of 20th-century black corporate America, African American participation in self-employed economic activities has been a persistent theme in the black experience. Yet, unlike other topics in African American history, the study of black business has been limited. General reference sources on the black experience—with their emphasis on social, cultural, and political life—provide little information on topics related to the history of black business. This invaluable encyclopedia is the only reference source providing information on the broad range of topics that illuminate black business history. Providing readily accessible information on the black business experience, the encyclopedia provides an overview of black business activities, and underscores the existence of a historic tradition of black American business participation. Entries range from biographies of black business people to overview surveys of business activities from the 1600s to the 1990s, including slave and free black business activities and the Black Wallstreet to coverage of black women's business activities, and discussions of such African American specific industries as catering, funeral enterprises, insurance, and hair care and cosmetic products. Also, there are entries on blacks in the automotive parts industry, black investment banks, black companies listed on the stock market, blacks and corporate America, civil rights and black business, and black athletes and business activities.
Confronting the Odds by Bessie House-Soremekun Pdf
An interest in the history of African American entrepreneurship has produced a number of studies of economic development on the national level, but very few have examined this growth at the local level. Against All Odds was written to bridge that gap. Bessie House Soremekun provides a historical analysis of black entrepreneurship in Cleveland, Ohio, from the early 1800s to the present day. Soremekun's statistical analysis of the factors that contributed to the success of African American businesses in Cleveland is supported by extensive research, and her policy recommendations about how entrepreneurship could be stimulated through public and private programs are thought provoking. In addition, examining historical and current trends of African American entrepreneurship, Soremekun presents brief biographies of several successful entrepreneurs, among them best-selling author George Fraser and internationally acclaimed architect Robert P. Madison. The book also documents the life histories of business owners who have had unsuccessful business experiences, compares black male and female business owners, and offers insights into why some businesses succeed while others fail. Against All
Black American Entrepreneur in China by William D. Frazier Pdf
This book is a foremost dedication to the foreseeable economic transition of international business agreements for Black American small and medium sized enterprises (SME) in the global economy. The vision for this book is to provide a blueprint for black America entrepreneurs to achieve a diversified and sustainable economic growth through business development with the greater China region. These entrepreneurs will acquire access to several Chinese private industries, which allow them to plan for quality business development and growth opportunities. Their access to international trade is a business necessity with diverse and sustainable foreign partners, which is economically sound, market-driven. It will support and provide jobs with equitable wages, as well as quality products and services to help Black American community life.For some Black American small and medium sized enterprises (SME) to a great extent, they do not formulate collective international trade agreements because they focus on contracts through local governmental agencies. As well as transactions through a local licensed industry like a food processing plant, at the same time, they lack direct access to foreign trade offices to promote their products and services to the global market. The lack of access could be because black business organizations, media, churches, banks, entertainers, sports icons, fraternities, and sororities, political members, and pundits lack collaborative initiatives to establish foreign trade offices for black America businesses. This book outlines my personal, academic, and professional experiences in The People's Republic of China, which is why I believe it's essential to develop and international trade office to focus on Black America's global business interests. The book discusses how an office can educate, capitalize, and generate trade agreements to benefit black entrepreneurs within America and Chinese private industries.