Thriving Black-owned banks create more opportunities for people of color, opening doors to break the cycle of financial exclusion. This exclusion has historically kept Black families from passing down generational wealth, averaging 200 times less than white families. To uproot and rebuild broken systems—especially ones deeply rooted in institutionalized racism—you have to find partners that will require the least work and have the biggest impact, both financially and culturally. In this episode, we learn from Brandon Comer and Ashley D. Bell how the National Black Bank Foundation forged strategic and effective relationships so powerful they will leave a lasting impact on Black families for generations to come. 🎧: https://lnkd.in/e3DtFEpe 👋 Guests: The Aspen Institute Fellows Brandon Comer, Managing Partner of Comer Capital Group LLC, and Ashley Bell, CEO of Redemption Holding Company
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"Experts say Black families planning to preserve past, present and future generations' wealth have a special set of circumstances to keep in mind. Here are a few tips that can help." Learn more: https://lnkd.in/eguGem9e
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🚨COME PACK THE COURTROOM FOR CARLOS WATSON🚨 Stand With Us: Become a Justice Watcher for Carlos Watson's Landmark Case. The Justice Watchers Initiative is to observe and to raise awareness of unjust trials, to encourage community presence, and to hold prosecutors and the court system to the highest standards of justice and fairness. In the face of political turmoil, empower yourself by rising up with your community. Become an upstander and collaborate with us to safeguard future Black entrepreneurs from experiencing the legal challenges Carlos Watson and OZY Media is facing. The future of Black media, Black entrepreneurship, and Black excellence hinges on our collective action and support. Stand With Us.
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"By providing accessible technology that fosters inclusion, it can promote Black entrepreneurship, wealth and investing, and increase financial literacy." - Q2 Application Support Analyst Kamri Williams on how Black history relates to the digital financial services industry. In recognition of #BlackHistoryMonth in the U.S., our newest blog highlights thoughts from Q2 team members on what Black history means to them. Read the blog here: https://bit.ly/3OQgQAM
Black History Month Perspectives
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🏠🤝 Ready to tackle the issue of low Black homeownership rates? Realtor Jemila Winsey emphasizes the need for Black leaders in real estate to spark change. With systemic racism lurking, it's time to shatter barriers and increase representation. So, Black professionals, are you ready to step up and make a difference in property investment, brokering, and agency management? Let's level the playing field! Share your thoughts on boosting Black homeownership rates in the comments. 👇 #BlackLeadership #HomeownershipDisparity #RealEstateEquality #blog https://lnkd.in/g-CMg5Hv
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🤔💬 Let's engage: What are your thoughts on historical financial milestones for the Black community? How can we continue to build upon these legacies to foster financial empowerment and close the wealth gap? Today, as we delve into the richness of Black history, it's crucial to acknowledge not just the cultural but also the financial legacies that shape our present. While considerable strides have been made, the journey to close the racial wealth gap continues, underscoring resilience and unwavering commitment through time. 📈💼 From Madame C.J. Walker, the first female self-made millionaire in America, to the increasing number of Black entrepreneurs and investors who are writing new chapters in economic success, these stories are not just inspiring—they're pivotal lessons in fortitude. As we reflect on these historical milestones, we must also contemplate the road ahead. The conversation about financial equity is more relevant than ever, and it's through understanding our past that we can build a more prosperous future for all. #BlackHistoryMonth #FinancialInclusion #EconomicEmpowerment #WealthGap
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Dive into a thought-provoking discussion with Ms. Donnetta as she shares her insights on the journey of Black Americans in attaining capital and building intergenerational wealth. 💼✨ Join the conversation and gain valuable perspectives on the path forward! Link to the full video: https://lnkd.in/eZQBd2_a #BlackWealth #IntergenerationalWealth #EmpowermentTalks
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What would it look like if the economy loved Black people? Believe-in-You-Monday by Jessica Norwood answers that question and is available TODAY! . Offering a revolution in Black business financing, this book centers the entrepreneur and responds to the systemic failures surrounding Black wealth building. . There is a huge racial wealth gap in America today. Owning a business is one of the best ways to build wealth—but entrepreneurs need capital. And investing in Black companies is obstructed by systemic racism and implicit biases that continue to create barriers to success. . Merging historical information and data, along with tactical examples and explanations, this practical guide shows us what needs to be done in order to change the way we support Black companies and how we think about wealth. . Norwood calls for investors to move away from extractive, individualistic, exploitative approaches to capital and entrepreneurship. She asks us to move toward transformational, restorative, regenerative, and interdependent relationships to repair the impacts of systemic racism. Investors, large and small, need to say to Black business owners, “we believe in you.” . With an entrepreneur-centric approach, Believe-In-You Money challenges the system failure surrounding Black companies. It’s a guide on how Black entrepreneurs can be supported in sustainable ways and offers a shift in the way we think about who can be an investor, while aiming to change our personal relationships with money. . Pick up your copy today >>>https://buff.ly/454hQXa
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Founder & Chief Executive, Micro Solo Digital | 2022 Business Advocate of the Year | Certified Business Advisor | Board Director | Air Force Veteran
Worth understanding! This is why we invest in economic inclusion.
President/CEO The National Business League (1900) | 119K Followers | Historian | Economist | Black Business Influencer | Vegan | Yoga Instructor | Anti-Racism | Anti-Inequality | Anti Neo-Colonialism | MA’AT | ΩΨΦ
A McKinsey senior partner explains the steps he's taking to clear up the 'myth of massive and widespread Black economic progress' https://lnkd.in/gPARJW4x
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