I totally agree with the stats, which is formidable from an individuals perspective. And I won't go into why businesses fail, it's usually undercapitalization...
But we're talking about millions of Black men, since desegregation until now.
Moreover, failing at starting a business does not mean you can't ever be an employee ever again. (looks at resume)
If everybody at the Coli started a business, most would fail.
Some would succeed, and there would be a net increase of Black employers, which would undoubtedly help the community.
Seen this BS before.
I hate this dude, him and the rest of Black Bread Tube. Especially the cat always screaming about "Black dollars don't exist". Sociologists should not be speaking on macro-economics.
These folks, FD, Ill Bill, Foreign Man in a Foreign Land along with their right wing counterparts Yvette Carnelle, Tone Talks - want black people to deal with less. They're as bad as Black Preachers promising Heaven after Death....
If I gotta bet on Black people becoming capitalists, or all of white society becoming Socialist/Communist, I know where I'm putting my money.