He has no fukking clue what he is talking about. Asians control the manufacturing and supply chain of the products, and they make it very difficult for outsiders to enter the market.
Umar, yeah you can open a beauty supply store but you are going to have a hell of a time staying open when you don’t have access to certain products, and the ones you can access you are trying to resale after purchasing for retail prices yourself.
Now if you want to argue that the almost monopoly that they have on that sector needs to be investigated as there is almost certainly some illegal shyt taking place there…….thats another story. Cause we all know if nikkas attempted to control a market they way they have white folks would have shut that shyt down a long time ago.
This is true. This chick I know moved to Arizona. When she got there she noticed in her area there were no hair stores that sold products for black people
She saw an open market and cashed out her 401k and borrowed money from her parents. Rented out a storefront and found a Asian connect for hair products
She was very successful for 3 years. Her connect waited until she proved she could sell there then they opened their own store a block over and then raised her prices on products.
My friend was confused and tried to renegotiate the price but they countered by raising the prices higher. Meanwhile her direct competitor down the street was killing it
She then reached out to a few other Asian distributors to get products but quickly found out they were all connected and nobody would give her a deal. She eventually had to close up shop after 5 years
Meanwhile the competition actually expanded and opened 5 shops in a 10 mile radius. She is still mad as hell about it.