Summary: Black Entrepreneurs

Decent Essays
The feeling of walking into a successful black owned business often provokes a certain level of pride from the African American consumers. It provokes a sense of successfulness and brings the community together. Often times a consumer in the black community will go to a black owned business versus a corporate business to support their own community. Entrepreneurs in black communities are important because they not only give back to their communities but also provide a positive model for the community to follow.
Having a black entrepreneurship in the community is important because it sets the record high for the next generations to come. In America, where each generation is always striving to be better than the last, having African American

Related Documents

  • Decent Essays

    When comparing this scholarly article to the CRAAP test and other guidelines set forth for analyzing the quality of a source, Martin Gilens's essay, "How the Poor Became Black: The Racialization of American Poverty in the Mass Media," is a high quality text. Starting with the currency, this text was published in 2003 so it is fairly new, and because its main point is to share information on African Americans from the past, it is okay for this essay to not be as current. Regarding relevance, if one is looking for an article on the financial status of blacks in the United States throughout history, this is a great source. The authority in this text is also very strong because it is published through University of Michigan Press, which is a credible…

    • 244 Words
    • 1 Pages
    Decent Essays
  • Improved Essays

    African Americans have the same opportunities as others to become a successful personin life. The government issues grants specifically to people with a minority background for college. With these funds African Americans, and others, are able to better themselves and prepare for a successful…

    • 912 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    This work is significant because it shows the truth behind African-Americans’ history and culture, giving more information about their struggles, and through a viewpoint of an African American’s feelings and…

    • 701 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Detroit, once a symbol of progress in the American economy, has become the failure story of 20th century America. A main factor consisted in racial discrimination towards black people, bringing consequences such as racial division on the society and class inequality. However, racial discrimination did not exclusively brought capitalism towards Black Detroiters lives, but also oligarchy played a role. In the 1940s, Detroit’s economy boomed, becoming the 4th largest industrial job market in the country, attracting not exclusively workers across the country, but the world (Sugrue 19).…

    • 816 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    The Black Aristocracy

    • 1075 Words
    • 4 Pages

    Despite this, understanding the benefits of accumulated interest made them want to build their own institutions of wealth. From 1888 to 1934, 134 banks for blacks opened, but many dissolved due to lack of experience and education in running a bank, risky investments in black businesses and failed real estate holdings (Frazier). Regardless, the importance of banks was cemented in the minds of blacks that were still looking for ways to move up the economic…

    • 1075 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Even though African American entrepreneurs have access to the same resources as other entrepreneurs from diverse backgrounds, African American business owners achieve less…

    • 325 Words
    • 2 Pages
    Improved Essays
  • Great Essays

    Failure Of Reconstruction

    • 1382 Words
    • 6 Pages

    The Civil War and Reconstruction resulted in an unprecedented increase of federal power. Factory owners worried about an increase in burdensome regulations because of growing government authority. As such, the business community’s views on ex-slaves’ rights began to change. In both the North and the South, as Reconstruction came to a close, the perception of the “Negro” also changed. During the days of slavery, the slaveholding aristocracy painted blacks as loyal, dutiful beings.…

    • 1382 Words
    • 6 Pages
    Great Essays
  • Improved Essays

    In the world that we live in today and how diverse it is, I think that it is essential to know your background, especially if you’re an African American. So every week when we’re assigned to watch a film(s) and type the opinion essay. I think it brings me just a little bit closer ever week. And these 3 videos that were assigned this week, I think that it is so astounding to show what they have came up with.…

    • 522 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Young black men in America face a great number of challenges. Challenges for a greater chance of them being unemployed. Higher incarceration rates. Greater chances of being killed due to the color of their skin. Being a successful African-American in America is difficult, but not unattainable.…

    • 585 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    A negative stereotype of African Americans has been around since slavery. Whenever an African American is shown on the news, television, or social media, Society sees African Americans are constantly being violent or killing each other. In reality they are not criminals. In fact, many African Americans are funny and calm. Even African Americans say the media is constantly lying.…

    • 1226 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    Economic Growth The economic strength of the African American community will soon reach $1.5 trillion. To quantify this number and put it into some context, this number is equivalent to the gross domestic product of Russia and South Korea. If we were a nation, we would be the 12th richest country on the planet. Although macro-economists will quickly tell you that GDP and buying power are not the same, since we are not a country exclusive of the U.S., I believe that it provides, at least, some context. Our collective economic strength makes us a prime market for advertisers, marketers and those who desire to influence our buying behaviors.…

    • 446 Words
    • 2 Pages
    Improved Essays
  • Great Essays

    For one, HBCUs show the African-American community that people of color can go to college and do great things. The black college experience shows the community that people of color are able to defy the stereotypes and value their education. When African-American students return to their communities, they bring the college experience with them. All that they have learned inside and outside of the classroom will prove crucial to their survival. The black college experience is something that every black student should be able to attest to.…

    • 1620 Words
    • 7 Pages
    Great Essays
  • Improved Essays

    Black Wall Street Essay

    • 1035 Words
    • 5 Pages

    Throughout United States history, African Americans suffered through a great deal of discrimination, hate crimes, police brutality, Jim Crow laws, poverty, and hate groups. Incidents that transpired during this are not typically a part of the American school curriculum. One such example of hidden African American history was the destruction of Black Wall Street. Black Wall Street was one of the most successful black neighborhoods in American history. It all came to an end when a white mob, led by the Klu Klux Klan completely destroyed the neighborhood in its entirety.…

    • 1035 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    Malcolm X gives his own philosophy on the economy, “Why should white people be running the banks of our community? Why should the economy of our community be in the hands of the white man? Why?” This quote shows the use of rhetorical questions. By asking these questions he expects his audience to start believing in the idea that black Americans should have financial positions such as being bankers and shop-owners to support the black community.…

    • 1079 Words
    • 5 Pages
    Improved Essays
  • Great Essays

    Book Of Success

    • 1475 Words
    • 6 Pages

    Rhonda McLean, Elaine Meryl Brown and Marsha Haygood carefully constructed the brilliant leadership handbook, The Little Black Book of Success, for anyone seeking leadership advice on their journey throughout the management world. All three authors crafted this book with the intent of bettering the lives of similar individuals. These women did not let working in different departments of the same company stop them from having the same mutual goal to help others thrive. This book is directed towards coloured women, however, there is advice and life lessons in the novel that can apply to anyone, anywhere, and anytime. Many educational lessons surfaced from the reading of this novel, and some were not even newly learned, but lessons…

    • 1475 Words
    • 6 Pages
    Great Essays