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Category : Black Business

6 Specific Ways Blacks Are Financially Worse Off Under Obama

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Barack Obama’s election was hailed by many as the beginning of a post-racial America in which Black people were going to experience new-found equality. This hope for a post-racial America has been dashed by the fact that recent statistics show that Black Americans have not actually improved in many areas of inequality but instead have stayed the same or gotten worse since Obama’s election. One of the areas that has…

The Black Holocaust: The Terroristic Destruction of Black Wall Street

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April V. Taylor The destruction of Black Wall Street during the Tulsa race riot of 1921 has conveniently been left out of American history books.  What is even more unnerving is that many survey courses of African American history have also made this same glaring omission.  One has to wonder how this is even possible, but in the American conscious, forgetting has always been easier than remembering.  In a country…

“No Justice! No Profit!” Blacks Across Country Speak Out With Their Dollar

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April V. Taylor In the wake of the viral ALS Ice Bucket Challenge, many Americans have looked for causes to support that are more relevant to their lives, and Americans all over the country are participating in the Black Business Challenge and Blackout Monday as a way to harness the $1 trillion dollars in annual spending power black people have to build community, speak out about injustice and economic inequality….

William Patterson Explains Steps To Independently Gain Wealth, Power, and Success

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  William R. Patterson is a renowned executive coach, award-winning lecturer, and national best-selling author.  He is the CEO and co-founder of The Baron Solution Group; the company holds business and personal finance workshops in cities across the United States based on the strategies Patterson outlines in his book, “The Baron Son.”  The company is a Top 100 Minority Business Enterprise. Patterson co-founded and co-authored the company and book with…

Dr Boyce Watkins: A free black wealth building class for beginners

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Dr. Watkins is one of the the most highly sought-after African American public figures in the country. He has been a Finance Professor at Syracuse University for 12 years, and was the only African American in the country to earn a PhD in Finance during the year 2002.  He is the author of several compelling books, including “What if George Bush were a Black Man?“, “Black American Money:  How Black Power…

Malcolm X says that building black business protects from racism

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In this speech, Malcolm X talks about black business. Malcolm says that black children must be taught the importance of supporting black business.   He also says that black people must be taught about the importance of going into business for themselves. By opening businesses of our own, Malcolm reminds black people that we would then have the ability to create employment for ourselves. He says that once you can create…

Did Dr. Dre’s drinking possibly cost him his deal with Apple?

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The media recently reported that Dr Dre was going to be the richest man in all of hip-hop.  It was revealed that he would sell his Beats by Dre brand to Apple for $3.2 billion dollars.  This was set to be the biggest deal ever made in hip-hop history. But then, there were reports that Dre’s decision to brag about the deal on a video with Tyrese may end up…

Money Challenge: These are the bank accounts you should open

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This person in the video says that you should have three accounts:  One for deposits, one for bills, and another one for savings.  This may not be entirely necessary, since a lot of people pay their bills out of the account that has direct deposit.  Some other accounts you may want to consider are investment accounts or an account for your small business.  Since we believe that every person of…

Parking Lot attendant makes just $12 an hour and is worth $500,000

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Meet Mr. Earl.  Mr. Earl is not just a parking lot attendant, he’s also an investment and saving guru.   Earl has had this job for decades, and is known for “preaching the gospel of investing.”  He has never earned more than $12 dollars an hour or $20,000 per year.  His net worth is over half a million dollars from his investing. He says “stop working so hard and let…

These brothers started at the bottom, and now they’re billionaires

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  This story from Black in America 2 will simply amaze you.  These two brothers started with nothing and are now worth a billion dollars.  They tell their story honestly and candidly about how they overcame a difficult start to build an empire for the ages.  Rather than telling your kids about Jay-Z and LeBron James, tell them about these guys instead.  This might be a better lesson for your…

Nick Cannon Among Celebs Caught Up In NBA Scam

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By Andrew Scot Bolsinger A fraudulent season ticket scam targeted celebrities including Nick Cannon, husband of pop icon Mariah Carey and former NFL quarterback Warren Moon, according to police reports. Prosecutors have charged George French Jones of Los Angeles with 11 felony counts of fraud, grant theft and identity theft in connection with what they claim was a scheme selling season tickets and shares in the Miami Heat Basketball team,…

How Is Diddy’s REVOLT TV Comparing To BET?

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By David Bloodsaw Black Entertainment Television (BET) has enjoyed unbridled success in the urban market on cable TV for decades. However, there is now a new player on the block that is being rolled out by Sean “Puffy” Combs that could possibly be competition for BET according to Electronic Urban Report. Stephen G. Hill, president of music programming at BET commented that there is enough space for the two channels and…

Chef Mike Valli: Atlanta’s Youngest & Flyest Celebrity Chef

Chef Mike Valli: Atlanta’s Youngest & Flyest Celebrity Chef

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(L) Chef Mike Valli (R) Madam Prezident By: Madam Prezident Most young men Chef Mike Valli’s age are finishing college, looking for a job that will lead to a long time career. I guess it’s safe to say that Chef Mike Valli isn’t most men. While his peers are trying to figure out life, he’s already developed a passion for “flyness” and food.  Amongst young people, One of the hardest…

Kamara Taylor: What Did Brown Vs. Board of Education Really Do For Black Children?

Kamara Taylor: What Did Brown Vs. Board of Education Really Do For Black Children?

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By: Kamara Taylor The Economic Resurrection of Brown v. Board of Education The idea that the legislative landmark of Brown v. Board helped to end school segregation can be looked at as another ploy to manipulate minds into the old Negro way of thinking.  Theoretically, schools were integrated as Blacks were allowed to attend school with White counterparts.  But economic disparities quickly changed this form of integration. The idea that…

Nick Cannon’s Personality Lands Him A Hosting Job For Lifestyles Of The Rich And Famous Revival

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  Reported By: Britt L Prominent TV host Nick Cannon is set to host and executive produce a remake of Lifestyles of the Rich and Famous on the Style Network. The original series was hosted in the 1980’s and 1990’s by Robin Leach, an American entertainment celebrity reporter. The popular show that aired from 1984 to 1995 featured the extravagant lifestyles of wealth celebrities, entertainers, moguls and athletes. Nick Cannon…