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
Crowd-Max Leading The Development Of A Black Crowdfunding Ecosystem
Introduction The lack of capital for Black-owned businesses and founders, a well-documented fact, is an enormous issue that negatively impacts black businesses and the black community. Since the passing of the JOBS Act of 2012 and the new 2021 rules in the Reg CF space specifically, many of these Black businesses and founders want to enter this space. Many Black-owned … Read More
Facebook Has A Black Problem The American Dream Marketplace Provides An Alternative Solution
Introduction The global social media juggernaut, Facebook, finds itself at the center of the lack of diversity in hiring controversy. Facebook’s family of apps garner nearly 3 billion monthly users worldwide. Still, internally, the social media giant is struggling to represent the diversity of those it serves. The lack of diversity in tech is well documented and a longstanding issue … Read More
Understanding The History Of The Present Systemic Barriers and How They Work
Introduction The often and well-touted $1.5 trillion spending power of the Black community is very puzzling when in the same breath, we talk about the massive racial wealth gap that exists side-by-side. One big question I have is how is it possible to have all of the tools and trapping of the American dream, a highly coveted six-figure salary, an … 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