Tuesday, January 06, 2009

True Empowerment

From a post on one of my older blogs:

You may be able to look back at your family history and find someone who owned some sort of business - whether it was a retail store, a barber shop, a daycare, a real estate firm, etc. Better yet, how many people at your job do you know have some side gig or hobby that they are making money from? People who own their own businesses are truly in charge of their fate (versus working for a major corporation) and can make a real difference in their family's future with respect to how much they put into their business. For instance, look at the Waltons - I wonder if Sam truly thought Wal-Mart would get so big and leave such a legacy for his family.



Also, I think entrepreneurship has begun to be the next large movement in the African-American community. African-Americans have a long history of entrepreneurship (see the Gazelle Index for a survey of established African-American firms). Unfortunately, there are not as many African-American-owned small businesses today as there were before 1960s and definitely not as many as our other American counterparts. This is why the publication Black Enterprise was founded. The Ewing Kauffman Foundation, a foundation that encourages entrepreneurship across America, is currently a part of a national partnership to encourage minority entrepreneurship. I intend to contribute what I can to this movement in my community ASAP.

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