It can be quite comical at times when you see public relations splashes about perceived successful entrepreneurs. 90% of these so-called tycoons are fakes. The fact is most successful Black businesses are rather “stealth”. The modesty comes from many examples of attacks, conspiracies and mountains of adversity put before them and others simply because they are Black. Most successful Black entrepreneurs that I know would never publish themselves in the so called Black Enterprise Top 100 Black Businesses. To many it is perceived as a “target list” for the IRS, large competitors, and others with bad intentions. Allow me to discuss a few of the horror stories that successful Black entrepreneurs have experienced.
Let me make an exception to the closing of my last article which was Part 1. I stated that “We have no time to fight”. Well, sometimes you must stop and fight the “Bastards”. We reached that conclusion back in 1996. At the encouragement of our Denver, Colorado chapter, we chose Denver as the venue of our next convention.
Starting and running a Black business association during the early 1990’s was more than a dream or a challenge. It was almost impossible. The concept was hardly credible back then.
“There is not a scintilla of corruption in my administration” said Barack Obama. “I am not a crook” said Richard Nixon. Such were the claims of two American presidents who history will score in very low and despicable terms. There are plenty of books and movies about “Tricky Dick” but the stories of the troubled times during the Obama years probably have yet to be written and portrayed in the movies.
One of the most important Transition Teams in a new Presidential administration is that of the Small Business Administration (SBA). Since we started the National Black Chamber of Commerce in 1993, we have been observant when the SBA goes through the transition of new management.
Finally, our Congress was able to move a significant form of law. It took a great while with immense controversy and debate. Congress, or should I say the Republican portion of Congress passed the long overdue tax reform. It is incredible that not one Democrat voted for the legislation. Apparently, the Dems have become out of touch with mainstream America. Who doesn’t want a tax decrease? Unbelievably the Democratic members of Capitol Hill refused to support such an attractive peace of legislation. What happened after it was passed and signed by President Trump? It was like the economical gates of “Heaven” opening to the joy of all Americans.
Something was taken for granted with the Trump Transition Team. It was assumed that Omarosa Manigault was the point person for African Americans. Just about everyone thought that. As time went on it became apparent that she didn’t know it.
“The Congressional Black Caucus is a racial political organization made up of the African-American members of the United States Congress. Although they claim race and party affiliation are not official requirements for membership, no white person has been allowed to join and most of them are Democrats. Its chair is Representative Cedric Richmond of Louisiana,” according to Wikipedia.
It dawned upon me back in 1992, that there was no sincere movement or interest in developing Black owned businesses. Even though Booker T. Washington wrote books about it there was no sincere movement to push forward the thought and reality of “BLACK BUSINESS”.
With reports showing that roughly 80% of consumers consider mobile services indispensable, (http://bit.ly/2AUs2E2) minority-owned small businesses will require access to resources that will allow them to compete in our fast-paced modern economy. The next generation of wireless, known as fifth-generation or “5G,” will mark another leap forward to redefine the U.S. economy as we know it.