If you do a search of the wealthiest black businessmen, the results may not come as a surprise to you. The list is dominated by athletes and entertainment figures; in fact, only 2 names consistently come up that are what you would consider traditional businessmen.
Previous generations pulled themselves up by their bootstraps and risk taking was encouraged as millions sought the American dream. A dream encourages one to stretch their imagination and think outside the box. I am afraid that my generation fears risk taking because we haven't been encouraged to take chances.
Recently on Roland Martin's "Washington Watch" we discussed what must be President Obama's exclusive agenda to empower black America is his second term. The only advice I could share with Roland's national audience was that American Blacks must cultivate an entrepreneurial spirit independent of any president in the White house.
“…What the hell is he doing asking for another four years?”
Dagny Taggart is not just the entrepreneurial heroine of Ayn Rand’s magnum opus novel, <i>Atlas Shrugged</i>. She is the inspiration of real women everywhere who are taking up her shield and fighting her battle for freedom using the weapons of entrepreneurship, education and free speech.
When life gives you lemons, make lemonade. When Washington gives you lemons, make lemonade and don’t forget the rum.
Stealing from babies is easy and low. Microsoft co-founder Bill Gates makes himself feel powerful while negligently ripping off babies. I am a capitalist. I defend entrepreneurs. However, I think young people and their parents should know that Gates is a sham entrepreneur.
In business, much like in most other fields, the person taking risk and branching out to start a new company or hire additional workers looks at his/her books to ensure their finances are in order, but then oftentimes makes a gut decision about how they feel about the likely success of the venture.
Want to open a business in America? It isn't easy.
I have sat in on classes taught by professors at U of C and I find myself learning something in every one I ever sat in. I take some nugget, some kernel of knowledge out that I didn’t know before.
This is the time of year when 2012 prediction lists abound. I am struck by how many lists have included some reference to a surge in American entrepreneurship during the next year. Entrepreneurs are clearly being counted upon to act as one of the centerpieces of America's economic recovery.
On a recent trip to the Reagan Presidential Library I was struck over and over again by the confidence President Ronald Reagan had in Americans--in American workers, leaders, entrepreneurs, investors, the young and the old.
"This is the first time I think that I or Ryanair have ever been invited to a conference by the European Union. Because as most of you know, the European Union spends most of its time suing me, torturing me, criticizing me or condemning me for lowering the cost of air travel..." said CEO Michael O’Leary.