The Official Black Group Economics Thread

[True Blue Moon]

WEB PRESENCE.

A lot of these ideas need to be turned into professionally done websites that can coalesce Blacks and act as a social network for those niches i.e. agriculture, art, law firms, etc

We are waaaay behind when it comes to web presence. Some of the sites I see for the most professional and powerful black people or organizations look like 1996 Angelfire pages

 

[Fat Kevin]

I agree with all this, but

the fact that we were in North America prior to slavery

do you have any proof for that? If this isn't the case, I wouldn't want to offend indigenous Americans

And my thoughts for this, we need to start off by opening up businesses in our own neighborhoods, Arabs, Indians, and Hispanics seem to own all the delis. Not only convenience stores, but starting businesses such as plumbing and landscaping can free our dependence on other races. It might be hard at first with all of the nonblack competition but I believe that a collective mindset where blacks choose to support each other's businesses can help out and eventually lead to a successful black economic system.

 

[Fat Kevin]

I really am thinking of opening my own black owned and operated craft beer brewery. Yea it's alcohol but whatever

great idea, that's definitely something I would support

my only concern is that too many younger black people drink only fruity drinks

 

[True Blue Moon]

I agree with all this, but

do you have any proof for that? If this isn't the case, I wouldn't want to offend indigenous Americans

And my thoughts for this, we need to start off by opening up businesses in our own neighborhoods, Arabs, Indians, and Hispanics seem to own all the delis. Not only convenience stores, but starting businesses such as plumbing and landscaping can free our dependence on other races. It might be hard at first with all of the nonblack competition but I believe that a collective mindset where blacks choose to support each other's businesses can help out and eventually lead to a successful black economic system.

A lot has been written on it. I'm at work so I can't expound upon it now, but take this book for example:

They Came Before Columbus reveals a compelling, dramatic, and superbly detailed documentation of the presence and legacy of Africans in ancient America. Examining navigation and shipbuilding; cultural analogies between Native Americans and Africans; the transportation of plants, animals, and textiles between the continents; and the diaries, journals, and oral accounts of the explorers themselves, Ivan Van Sertima builds a pyramid of evidence to support his claim of an African presence in the New World centuries before Columbus. Combining impressive scholarship with a novelist’s gift for storytelling, Van Sertima re-creates some of the most powerful scenes of human history: the launching of the great ships of Mali in 1310 (two hundred master boats and two hundred supply boats), the sea expedition of the Mandingo king in 1311, and many others. In They Came Before Columbus, we see clearly the unmistakable face and handprint of black Africans in pre-Columbian America, and their overwhelming impact on the civilizations they encountered.

 

[True Blue Moon]

Me and my nikkas are buying land next year. Gonna produce some food stuffs for local places.

How much land are ya'll going to get and how did those conversations come about?

 

[LadySimone]

we need our OWN MEDIA AND SPORTS LEAGUES and take the money for our selves instead of old cacs

I was just researching (Wikipedia- I really need to buy a book) the Negro Leagues. It would be awesome to have black owned leagues. Who could compete against us?

 

[LadySimone]

I know exactly what you mean. I left my job to go work for myself a couple of years ago and it was the best decision I made in my life. It was scary and empowering at the same time. Scary because I'm responsible for everything and if I don't work, I don't eat. Empowering because I'm my own boss and there's not cap on my income. I don't have to be at the company for three years to beg for a $1 an hour raise.

In this day and age, it's easier than ever to start your own situation. I'm trying to constantly increase my streams of income, especially passive income, because that's where it's at. But working for myself also allows me the freedom to do what I want without having to worry about representing the interests or image of the company, because I am the company.

Dope.

 

[LadySimone]

I've always wanted to have an online business. I would like to remove peoples data from online search engines like Google. Hard job but the EU has been implanting 'The Right To Be Forgotton' where people have a right to "determine the development of his life in an autonomous way, without being perpetually or periodically stigmatizedas a consequence of a specific action performed in the past." Google has moved some stuff but it takes a court order and long crap like that.

I just want to be able to streamline the process but also to go on these websites like online directories that store your information.

I almost died when u Googled myself.

 

[True Blue Moon]

I'm about to open an account at this bank:

https://www.oneunited.com

First black online bank and looks like they have great service. Got an app for iPhone and Android and everything. I've been meaning to close my Bank of America account for years because I hate them, so I'm pulling the trigger on it by the end of the weekend.

Still keeping my Wells Fargo account since they've done right by me and are everywhere, but if all goes well with One United I'll turn to them for a lot of their other products.

They offer a "Unity" secured credit card, designed to help people build back up their credit. My credit isn't horrible, but I've made some mistakes, so I'll probably grab one of those too as I continue building my wealth and cleaning up my credit.

Taking small steps but it feels good knowing the money, no matter how small, will be circulating amongst and empowering my people.

 

[True Blue Moon]

Yall should also check this video out.....It really opened my eyes

Just finished watching this, bruh. This is powerful. Especially the opening part about saving 5 cents a day or $13 per year and how it would be millions if all of us did it. Unity is key. About to watch Part 2 now.

 

[mcdivit85]

A good start is finding as many black vendors and business as possible to shop/do business with. Blacks need to not only start more business but we need to support the growing black business infrastructure.

The major issue for blacks right now is that we don't circulate our money amongst each other. This means that once money comes into black people, it goes right back out. This means we spend almost ALL of our money with non-blacks, which enriches them and impoverishes us. No community can thrive without money circulation. Want good examples of money circulation communities? Well, everybody else except black people....namely Asians and Jews. Those communities have double digit money circulation cycles, which leads to why they tend to be among the wealthiest in the country.

Here are some starters for finding black business in some essential fields:

National Black-owned banks
http://urbanintellectuals.com/2013/...-african-american-owned-banks-in-the-country/

National Black-owned hotels:
http://www.nabhood.net/home/index.php/hotels/hoteldirectory?sid=1:NABHOOD-Hotel-Directory

Black Lawyer Database with links to different black law firms/law associations
http://www.blacknews.com/directory/black_african_american_lawyers.shtml

More are welcome

Peace

 

[Aizen]

Many have already watched this long clip but it ties into group economics and the plan the African diaspora here should employ.

 

[True Blue Moon]

A good start is finding as many black vendors and business as possible to shop/do business with. Blacks need to not only start more business but we need to support the growing black business infrastructure.

The major issue for blacks right now is that we don't circulate our money amongst each other. This means that once money comes into black people, it goes right back out. This means we spend almost ALL of our money with non-blacks, which enriches them and impoverishes us. No community can thrive without money circulation. Want good examples of money circulation communities? Well, everybody else except black people....namely Asians and Jews. Those communities have double digit money circulation cycles, which leads to why they tend to be among the wealthiest in the country.

Here are some starters for finding black business in some essential fields:

National Black-owned banks
http://urbanintellectuals.com/2013/...-african-american-owned-banks-in-the-country/

National Black-owned hotels:
http://www.nabhood.net/home/index.php/hotels/hoteldirectory?sid=1:NABHOOD-Hotel-Directory

Black Lawyer Database with links to different black law firms/law associations
http://www.blacknews.com/directory/black_african_american_lawyers.shtml

More are welcome

Peace

Good looking out dropping these lists. I found One United bank earlier when I stumbled upon the same National Black-owned banks link. Going along with what @Poitier said about web presence earlier, a lot of these banks probably do well for themselves but have shytty, outdated websites. And based on my research, the banks on that list are pretty much the only ones we have.

Those two things really put a sense of urgency in me to open up an account, which I just finished doing about an hour ago. One United bank seems to be the most progressive thus far, so I hope to have a good report soon about their business practices and customer service.

I'm in Los Angeles and they actually have a few physical branches out here, so I look forward to stopping by in person also when I get a chance for an idea of how they do business. Hopefully I can chop it up with some good brothers and sisters in there also.

Of all the banks on the list, it appears that One United is America's black bank, leading the charge. The bank's president, Teri Wilson, seems to have a really good head on her shoulders:



Hopefully when me and my wife get our money straight, we will be financing our first home through a black bank.

I will most definitely be using that black hotel link you dropped also. I do a fair amount of traveling and would have no problem going out of my way to stay at one of those. Hell, I might use this as an excuse to surprise my lady with a weekend trip or something. I've been trying to hit San Diego for the longest.

Good looking out. Let's keep building.

 

[True Blue Moon]

Many have already watched this long clip but it ties into group economics and the plan the African diaspora here should employ.

I will check this out while I work tomorrow. Good stuff.

 

[cole phelps]