The Need for Black Businesses

Many African American families had already grown accustomed to cutting coupons and doing without to make ends meet, but the recession still proved to be a challenge. Most African Americans lack economic means because of the injustices caused against them since being forced into the country that would become America.

The African American Economic Journey

When the Englishman stole the indigenous Americans land, he passed it to his brother and ignored the African. When the Englishman decided he had enough brothers to claim America as his land, he and his brothers created it with free labor from the kidnapped African. When the Englishman felt he had completed his most profitable land he no longer required free African labor, he paid pennies for African labor. When the Englishman decided to preserve his new found free riches for his offspring, he created laws to ensure that the African’s offspring would not benefit from their own free labor. 400 years later, the Englishman finally decides that everything is equal for African without any resources, with a lack of education and a new set of laws to lock up the African’s offspring into a new forced free labor.

The trick of Integration

Prior to integration, the African American was restricted to only doing business with his own brothers and sisters. No matter how unequal the American law was, he took care of his people, but nothing was of equality for the African American family. Naturally the family fought to be included in all aspects of people’s activities. As a people, being 400 years behind the complete understanding of the American system, they did not realize integration would mean that teachers would not respect their students, employers would not respect their employees and that they would be laughed out of a bank for requesting funds for a start-up company. The African American is treated fairly on paper, but what about in real life?

The Struggling Black Business

No matter how small the percentage, Black businesses were still around, but there was an attack to discredit them. These businesses did not receive the same resources as their Englishman competitors. The unofficial stance was that Black businesses were inefficient and disrespectful which was not even close to the norm. Without patrons, how can a business survive? The lack of resources and patrons continues to this very day.

The Black Consumer

Many African Americans do not understand the language of money and the use of economics. Their neighborhoods have been infused with a sense of consumerism with material items being a false sense of establishment. All the while, every other group of people are allowed to come into the country, receive a loan and set up shop in the middle of an African American neighborhood. For the African American, this may be all he or she has ever known. In actuality it is but 500 years, but many do not know of anything further.

The Need for Black Business

There is a need, not a want for Black business. In all aspects of people activity, the African American does not hold the same percentage as he does in population. The African American outweighs his population percentage in poverty, the penal system, unemployment and entrepreneurship. The growth of Black Business means a lower crime rate, a greater sense of confidence and responsibility. The benefits are too many to name and the detriment of the Black business are already prevalent and obvious.

How do we do it?

Previously discussed is the lack of resources and patronage for Black businesses, but that does not mean that it cannot be done. Take the following steps to increase the amount of and support of Black businesses worldwide.

  • Create a small savings group of individuals who put their money together for a common goal
  • Learn of small businesses that you can create with your network of individuals and create them
  • Spread the word about the Black businesses you know
  • Consistently seek Black Businesses
  • Make a conscious decision to spend money at a Black Business monthly
  • Do not spread negative feedback about Black businesses

Know Thyself