Introduction Small business ownership and entrepreneurship have been longtime wealth builders for Americans, but there have always been systemic barriers in place to prevent Black Americans from taking full advantage of these proven wealth-building staples. The systemic barriers have resulted in an immense racial wealth gap. The advent of investment crowdfunding supporting Black-owned businesses and entrepreneurs through direct small-dollar investments … Read More
Investing In Black Businesses Should Drive The Buy Black Movement!
Introduction Maggie Anderson and her family made history and dominated headlines as global media covered their stand and study living exclusively off businesses, professionals, and products from the Black community for an entire year. The landmark study by Northwestern University’s Kellogg School of Business stand and study proved how an incremental increase in support for these businesses and entrepreneurs and … Read More
Black-Owned Businesses Must Integrate Digital Technology to Thrive in the 21st Century!
Introduction Successful businesses must constantly innovate and reinvent themselves to thrive in the new economy. Today, many companies use mobile-friendly websites, social media, and apps to optimize digital visibility and boost brand awareness. Savvy businesses are also using innovations like data analytics and tracking software to gain insights that help to increase their market shares. These innovative new technologies are … Read More
Investment Crowdfunding: A Solution To Help Close The Racial Funding And Wealth Gaps?
Introduction Entrepreneurship is driven by the entrepreneur’s ability to access the financing, support, and digital resources you obtain to impact your business’s success directly. In an ideal world, access to help would be equal,e maker’s output could be judged on comparable grounds. Unfortunately, as many black and business owners have found, this is not the case, and the effect of … Read More
The American Dream Marketplace Provides An Online Platform To Tackle The Inequalities Faced By Black-Owned Businesses
Introduction According to the U.S. Census Bureau, approximately 36% of Black households lack computer ownership and broadband subscription. This is driven by the racial wealth gap and the fact that countless Black-owned businesses were already financially stressed and faced underlying structural problems before the pandemic due in large part to disinvestment in low- and moderate-income communities, but what many people … Read More
The American Dream Marketplace Provides State-Of-The-Art Digital Solutions For Black-Owned Businesses
Introduction By investing in the American Dream Marketplace more Black-owned companies, you help create more opportunities for meaningful savings, property ownership, credit building, and generational wealth for Black communities. Technology has become an essential tool for all businesses and is one big question facing Black-owned firms. At the height of the COVID-19 pandemic, as many as 41% of Black-owned companies … Read More
Investment Crowdfunding: The Potential and The Power For The Black Community
Introduction The data is clear and consistent the traditional funding methods don’t work for Black-owned businesses, founders, or real estate developers. My mission in life is to introduce the Black community to the potential and power of investment and real estate crowdfunding as a community-led economic development tool. Investment crowdfunding provides access to capital for real estate developers and business … Read More
A Brief History Of The Racial Wealth Gap And Its Impact Today!
Introduction Even before the United States’ founding, the laws of the land ensured White individuals and families could build more wealth than people of color. The legal practice of slavery prohibited millions of Black people in bondage from earning wages for their labor for 246 years. After slavery’s end, the consequences of racism, as well as racial and economic segregation, … Read More