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| amazon black business accelerator program racist: Race and Entrepreneurial Success Robert W. Fairlie, Alicia M. Robb, 2010-08-13 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. |
| amazon black business accelerator program racist: Your Guide To A Successful Black Owned Business D. Brandon Campbell, 2020-10-28 D. Brandon Campbell, the creator of the Official Seal Of Black Owned Businesses, and two time bestselling author brings this book to the market for the success of all black businesses. He addresses the issues that black businesses face from customer service to marketing and branding. |
| amazon black business accelerator program racist: The Antiracist Business Book Trudi Lebron, 2022-04-19 The Antiracist Business Book is the first of its kind, as DEI business coach Trudi Lebrón offers business owners real-life lessons on how to build, reshape, and re-envision their work to support and repair the wealth of all people. |
| amazon black business accelerator program racist: Twice As Hard Raphael Sofoluke, Opeyemi Sofoluke, 2021-06-15 An inspirational book about what it means to be Black in the working world, with practical steps on how to overcome prejudice to find success This book is an exercise in building your network. We've spoken to over 40 successful business people to help you gain from their advice and create space for your own personal growth. Twice As Hard is an exploration of Black identity in the working world and a blueprint for success. You will learn what obstacles limit opportunity for Black professional progress, how to understand and overcome racial stereotypes, be productive, find purpose, and ultimately thrive in business. Authors Opeyemi and Raphael Sofoluke explore their own personal brand of ethics, the challenges they have faced in their careers, and the learnings they took from them, before inviting other successful business people in a broad range of industries to share their experiences and the practical measures they take to realise their goals, too. Featuring tips on entrepreneurship, as well as insights on the corporate world, this book aims to empower and inspire Black professionals, get everyone thinking and talking about their actions, and continue the fight for a truly inclusive, understanding society. |
| amazon black business accelerator program racist: We Don't Need Permission Eric Collins, 2022-09-01 Highly Commended for the Diversity, Inclusion and Equality Award at the Business Book Awards A powerful 10 step guide to transformative entrepreneurship for under-represented people from Eric Collins, host of the award-winning Channel 4 reality business show The Money Maker. 'Eric Collins is one of the most powerful business people in Britain.' The Times __________ Step 1: Embrace the unexpected Step 2: Engage in consistent and continuous acts of disruption Step 3: Let go of small - think bigger, think global and prepare for pitfalls Step 4: Take risks using data to mitigate the downside Step 5: Put your money where your mouth is, make your resources matter Step 6: Leverage what you know Step 7: Become a convener by making your mission bigger than yourself Step 8: Invest in women to create Alpha Step 9: Sell your vision, make time-appropriate asks and don't forget to recruit allies Step 10: Always bet on Black ________________________ At a time when half of Black households in the UK live in persistent poverty - over twice as many as their white counterparts - We Don't Need Permission argues that investing in Black and under-represented entrepreneurs in order to create successful businesses is the surest, fastest socio-economic game-changer there is. Long-lasting economic empowerment - from education to health outcomes - is key to solving the multiple problems that result from systemic racism and sexism. And it is the best way to close the inequality gaps that have hampered and continue to hinder Black people and all women too. To address this problem head on, Eric Collins co-founded venture capital firm Impact X Capital to invest in under-represented entrepreneurs in the UK and Europe. In We Don't Need Permission, Collins identifies ten key principles of successful entrepreneurship, and reveals how it's possible to change a system that has helped some, while holding others back. The book not only aims to inspire and motivate under-represented people to take their future and economic destiny into their own hands, but will demand of current business leaders and organizations that they do business better. It's time to stop waiting for someone else to give permission and start boldly making the world we want to see. __________ |
| amazon black business accelerator program racist: Black Wealth Robert L. Wallace, 2000-05-04 Geared to African Americans who want to achieve wealth through entrepreneurship, this book opens with extensive statistics on black wealth and offers case studies of approximately 10 entrepreneurs and how they overcame obstacles in their businesses. |
| amazon black business accelerator program racist: Black Business Success Model: Countering the Myths of Our Perceived Weaknesses Janneh K. Wright, 2017 There are more black entrepreneurs, athletes, lawyers, doctors, teachers, and politicians in the United States of America today than at any other point in history. Janneh K. Wright, an entrepreneur and advocate for black-owned businesses, explores the history of the entrepreneurial spirit in the black community-zeroing in on how blacks have been wronged and how desegregation did not live up to its promise. He urges black business owners and entrepreneurs to stop depending on governmental action to fix their problems or right the wrongs of the past. Instead, he urges black busnesspeople to look to themselves and to their own communities. By providing useful tools and examples for the business owner, the model provided in this guide will help you win business, invest in black communities, and overcome negative perceptions. You can also enhance entreprenuerial skills, boost profitability, and lift up yourself while lending others a hand with the lessons and strategies in Black Business Success Model. |
| amazon black business accelerator program racist: Black Business Secrets Dante Lee, 2010-11-15 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. |
| amazon black business accelerator program racist: Desegregating the Dollar Robert E. Weems, 1998-02 Despite African Americans' nearly $500 billion collective annual spending power, surprisingly little attention has been devoted to the ways U.S. businesses have courted black dollars in postslavery America. Desegregating the Dollar presents the first fully integrated history of black consumerism during the last century. |
| amazon black business accelerator program racist: The Color of Money Mehrsa Baradaran, 2017-09-14 “Read this book. It explains so much about the moment...Beautiful, heartbreaking work.” —Ta-Nehisi Coates “A deep accounting of how America got to a point where a median white family has 13 times more wealth than the median black family.” —The Atlantic “Extraordinary...Baradaran focuses on a part of the American story that’s often ignored: the way African Americans were locked out of the financial engines that create wealth in America.” —Ezra Klein When the Emancipation Proclamation was signed in 1863, the black community owned less than 1 percent of the total wealth in America. More than 150 years later, that number has barely budged. The Color of Money seeks to explain the stubborn persistence of this racial wealth gap by focusing on the generators of wealth in the black community: black banks. With the civil rights movement in full swing, President Nixon promoted “black capitalism,” a plan to support black banks and minority-owned businesses. But the catch-22 of black banking is that the very institutions needed to help communities escape the deep poverty caused by discrimination and segregation inevitably became victims of that same poverty. In this timely and eye-opening account, Baradaran challenges the long-standing belief that black communities could ever really hope to accumulate wealth in a segregated economy. “Black capitalism has not improved the economic lives of black people, and Baradaran deftly explains the reasons why.” —Los Angeles Review of Books “A must read for anyone interested in closing America’s racial wealth gap.” —Black Perspectives |
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