Rollo Goodlove
Palestine Titty
This system is not for us its just a big booty poster
From 2015-2019 black men rank second in bachelors degrees going from 19% to 23.7%
- Thread starter Anerdyblackguy
- Start date
What??
Secure Da Bag
Veteran
Some good stats here but also a lot of misguided notions. The improvement in college attainment by itself is a good thing. There's no need to talk about business and entrepreneurship as a way to belittle this accomplishment. Secondly, we need to stop the silly notion that Black business is going to save us. When you start a business your goal is to higher the best employee period. Regardless of what race you are, it is so hard to run a business, that you can't go into it thinking that it will be both a moneymaker and a direct vehicle for Black uplift. Most of the Black businesses that exist concentrate the returns for their creators. Everyone else is just an employee.
Lastly, it's time to stop talking about founding black businesses like it's an easy thing. Businesses require capital. Most individuals who found businesses either get seed money from investors or they have money lying around. From there they can supplement that with loans. Median Black wealth is projected to go to 0 by 2053. So how would these individuals found businesses? Even for the Black people going to college many of them are battling large amounts of student debt and low wages. And for Black college graduates who are "making it" many of them are required to give large sums of money to family members who are living on the knife's edge. Meanwhile, counterparts of other races are living the exact opposite lifestyle. Their parents give them money.
Should we have more Black Businesses? Of course, we should. But let's not believe 1960s mythology about the ability of Black Business to create a separate economy and save us from cruel injustices of racism. More than anything, though we need to demand a better education system. So that the majority of African-American kids are adequately prepared to enter the workforce. Because right now, in a rapidly changing economy that is producing more and more skilled jobs and automating more and more low-skilled jobs one really has to wonder how our Black Brothers and Sisters without degrees will put food on the table in 20 years.
Have we come a long way? Yes. But make no mistake about, we still have a very long way to go and the menacing hounds of racism, automation and inequality are nipping at our heels every step of the way.
Lastly, it's time to stop talking about founding black businesses like it's an easy thing. Businesses require capital. Most individuals who found businesses either get seed money from investors or they have money lying around. From there they can supplement that with loans. Median Black wealth is projected to go to 0 by 2053. So how would these individuals found businesses? Even for the Black people going to college many of them are battling large amounts of student debt and low wages. And for Black college graduates who are "making it" many of them are required to give large sums of money to family members who are living on the knife's edge. Meanwhile, counterparts of other races are living the exact opposite lifestyle. Their parents give them money.
Should we have more Black Businesses? Of course, we should. But let's not believe 1960s mythology about the ability of Black Business to create a separate economy and save us from cruel injustices of racism. More than anything, though we need to demand a better education system. So that the majority of African-American kids are adequately prepared to enter the workforce. Because right now, in a rapidly changing economy that is producing more and more skilled jobs and automating more and more low-skilled jobs one really has to wonder how our Black Brothers and Sisters without degrees will put food on the table in 20 years.
Have we come a long way? Yes. But make no mistake about, we still have a very long way to go and the menacing hounds of racism, automation and inequality are nipping at our heels every step of the way.
Brotha anyone that works in corporate america knows this. Thats why I know a lot of these kats on this site either young, ain't experienced life or never worked or lived outside of their small circle or block.
Secure Da Bag
Veteran
This sounds great. A lot of assumptions, but it's okay.
And then you undermine it with that paragraph.
As she said,
And we're gonna learn that lesson when this recession hits again.
And honestly, everything in that 2nd paragraph proves why tracking black businesses and those businesses hiring black people should be focused on even more.
Do you run a business? Also no need to hide behind the word "assumptions." I'll say it flat out. IF we are talking about low skilled jobs fine. But if we are talking about a tech start-up or something that's going to make real money, how many qualified Black candidates are actually out there? I know Black people who have founded tech startups and I'm looking to found a company myself. If everything is equal, I'll give the Black applicant the nod. But the reality is that in the land of STEM, there simply aren't that many Black people. In my upper-level science courses, I was one of 3 in a room of 150. In my professional health program 5 out of 80. Tracking Black Business, tracking how many people higher Black employees. You can do whatever you want. Not going to change the fact that running a business is hard, and it will doubly as hard for any Black entrepreneur who sees it as their primary aim to engage in Black uplift. You can take it any way you want it. But capitalism is cutthroat. My parents have had their own company for over 30 years. Every day is a grind.
Because you're a Black-owned business Black people expect to get discounts just from showing up. Meanwhile, all the discounts and background deals that your competition gets because they are in the "know" you don't get. Then you try to put your Black Friends/Professionals on and you quickly realize that it's 50/50 as to whether or not the job will get done. Do they give back to the community? Yes. Do they offer free or discounted services? Yes. Do they put Black teenagers on give them an afterschool or summer job, and try to instill in them a sense of entrepreneurship? Yes. But unless you have personally ran a business and tried to deal with the duality of staying afloat while also being a pillar in the community for Black people you really can't criticize. As a business owner, and particularly, a small business owner your family's livelihood is on the line. I've had numerous talks with Black business owners that have been burned so many times from Black employees that have bad work ethic or Black customers who don't want to pay their bill that that many of them are jaded.
But like I said, unless you actually run a business, you really don't know.
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I don't know where that data is from, but I would be extremely surprised if White women did not get more degrees than White men, considering the fact that there are more White women in college than White men.
Secure Da Bag
Veteran
Thats really not true. Actually this would have been a perfect thread to discuss the late great Earl Graves Sr. (pushed for more black entrepreneurs and black economic independence) who started Black Enterprise Magazine in the 70s. Which was the first magazine created to target and track black businesses. He saw a need to shine a light on the growing amount of black businesses starting in the late 60s after the civil rights movement (due to an infusion of cash due to blacks having an access to education and other opportunities).
When he started Black Enterprise magazine in the 70s there were less then 200k black businesses to now where there are over 2.3 million.
Now don't get me wrong there needs to be more progress. But to think there has been no progress at all in the last 50s years is not accurate.
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Yeah they been talking about that for years. They have been neck and neck to slowly overtaking white men.
Its just a cultural thing overall between women and men. Women in general don't care for labor jobs unless they have no other choice. Where as men don't care if its a labor job if the money is right.
Case in point. If tomorrow working as a garbage man paid 500k a year. Every able body man would be filling out a application. Don't matter if their current job pays well, they got 5 degrees or if they middle class.
Women ain't wired the same way.
And that is the biggest reasons why women persue education more than men since equal opportunity civil rights were passed.
Secure Da Bag
Veteran
Not, no progress. Just that we don't put as much focus on that as we do college degrees.
I find it very interesting that when I go into threads about working and having a job, everyone talks about how much they hate to work and how they try to do as little as possible. Yet when it comes to Black business, the belief is that all that just fades away.
You should. All I'm saying is that the goal of the business owner first and foremost is running a profitable business. Obviously you love Black people and you are going to do what you can, but you can't compromise your business trying to help and uplift Black people.