The primary reason research says black businesses are not successful in the first 18 months is access to capital. Although I know there are hundreds of other reasons, all of which directly relate to business acumen, I’ve chosen to solve the problem research presents.
However, the research does not tell any audience or reader how to do anything. The existing research, blogs, articles and content simply state what the authors deem as the problems, never the practiced solution.
The Black Not Broke blog will contribute to how we will successfully implement diversified financial solutions in our businesses in order to continue to do the business that has influenced the world's economics since the 1800s.
The existing content that targets black businesses is often a representation of the many oppressive tactics in place designed to systematically remove the opportunity for black competition in entire markets and industries.
Understanding how to navigate the financial landscape of business contributes to the progression of black owned businesses both nationally and internationally across all industries. In order to start scaling more black owned businesses there has to start being far more open-ended and transparent conversations, implementation and practices of finance.
For these reasons, I built and designed Black Not Broke to reflect how black businesses can implement financial strategies towards scaling their companies. The consistent goal is to communicate the application of business finance to black owned companies.
I designed Black Not Broke as a way to remove the red tape from the access of business financial knowledge in order for black business owners to make informed decisions impacting HOW WE DO BUSINESS.
Black Not Broke collaboratively works with research, literature, business intelligence, data, science and case studies towards the creation of blog content that directly impacts black business.
Now we will have a point of reference for HOW BLACK BUSINESS is done.
This body of work will comprise of weekly, monthly, quarterly and annual releases of blogs on:
Learn more about Black Not Broke.
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