OUR FOCUS
Entrepreneurship Development
Entrepreneurship Development
Entrepreneurship Development
Entrepreneurship is the most important skill for any individual or family looking to build generational wealth. It is an income accelerator, a freedom creation mechanism, and a pathway to business ownership.
WHY ENTREPRENEURSHIP?
It is the Best preparation for the innovation economy. Black youth are not prepared to seize the opportunities of the 21st century.
Entrepreneurial Mindset
How we view ourselves and the world around us impacts our ability to dream and achieve. In today’s innovation economy—with needs and opportunities evolving faster and more fluidly than ever before—our youth need a mindset that equips them to recognize opportunity, take initiative, and innovate in the face of challenges.
Solution = Mindset
Teaching entrepreneurship changes mindsets, changes lives, changes the world. We must equip young people with an innovator’s eye and a founder’s grit–the skills to excel in an innovation economy. And with economists predicting the jobs of tomorrow don’t even exist today, entrepreneurial skills are skills for life.
Our toolkit contains curriculum on youth entrepreneurial development that is dynamic and customizable to participants needs.
Business Packaging
Entrepreneurship Development
Entrepreneurship Development
Our overall mission is to educate, inspire, empower, and close the economic opportunity divide, preparing urban youth to become contributing members of their families and communities.
Our business packaging process acts for the minority Entrepreneur/Operator (E/O). The packager uses his knowledge of the business culture and economic system to evaluate an opportunity and provide access to the technical know-how and capital required to start a viable business.
The Business Packager is the professional who knows how to make the minority business process work. When he succeeds, the economic system works for the minority E/O as well as for the traditional entrepreneur. The minority E/O must still take personal risks, but the packager follows a set of fairly standardized procedures to produce the desired end product—a viable economic entity.
Most properly packaged businesses do not fail.
No two individuals or businesses are the same. Although packaging procedures are standardized, the assistance a packager provides varies widely from business package to business package.
Owning one’s business
The Struggles of Black Businesses to Survive
Excerpt from the JOURNAL OF BLACK STUDIES ( http://jbs.sagepub.com) LOOKING BEYOND THE NUMBERS: The Struggles of Black Businesses to Survive - MICHAEL BONDS University of Wisconsin–Milwaukee
Owning one’s business Owning a business has been a long-standing aspiration for many African Americans, whether it is to be self-employed or wealthy. Black-owned businesses are essential for various reasons. They provide significant employment opportunities for African Americans. These businesses contribute to the economic growth of the African American community by reinvesting in it. Additionally, they can mobilize resources within the Black community (Bates, 1994; Silverman, 1999b). Over the years, African American businesses have witnessed considerable growth. From 1982 to 1987, the number of Black-owned businesses increased from 308,099 to 424,004, which translates to an increase of 115,905 businesses, or 38% (Boston & Ross, 1996; Rice, 1993). As of 1997, more than 800,000 African-American-owned businesses were established in the United States. This represented 4% of the 20,821,935 total firms in the United States. (Black Enterprise, 2000; U.S. Bureau of the Census, 2001)
Articles – Good topics for articles include anything related to your company – recent changes to operations, the latest company softball game – or the industry you’re in. General business trends (think national and even international) are great article fodder, too.
Mission statements – You can tell a lot about a company by its mission statement. Don’t have one? Now might be a good time to create one and post it here. A good mission statement tells you what drives a company to do what it does.
Company policies – Are there company policies that are particularly important to your business? Perhaps your unlimited paternity/maternity leave policy has endeared you to employees across the company. This is a good place to talk about that.
Executive profiles – A company is only as strong as its executive leadership. This is a good place to show off who’s occupying the corner offices. Write a nice bio about each executive that includes what they do, how long they’ve been at it, and what got them to where they are.
Announcement
VIRTUAL WORKSHOP on The Truth About Drugs and how to really start your own business enterprise - March 14th 2022 from 10:30 am - 11:30 am