Whether it’s the department store Barney’s or some other retail establishment …why are so many African-Americans begging businesses to take their hard-earned money? If businesses don’t respect you, don’t give your money to them. It’s that simple! We must put more energy into entrepreneurship. Business development and support for Black owned businesses is key for our community, as opposed to begging others to accept our money. It should also be noted that increased spending with Black businesses equals more jobs in the Black community.
via Black Youth Project by Jasiri X
According to Black Enterprise Magazine, the buying power of African-Americans is expected to reach 1.1 trillion dollars by 2015. That’s a Trilli y’all! The article also states, “the population of African-American consumers growth outpaces the rest of the population by 30 percent.” Just imagine what would happen to Corporate America if we decided to stop spending it in places we weren’t wanted. Or better yet, think about how different our communities would look if we spent even have that on qualified Black businesses.