Black Wealth : Your Road to Small Business Success

by Wallace, Robert L.

• ISBN13: 9780471380535
• ISBN10: 0471380539
• Format: Hardcover
• Copyright: 2000-04-01
• Publisher: WILEY JOHN & SONS INC

Summary

An extraordinary look at black entrepreneurship and ordinary people who started successful businessesThis book provides guidelines for African Americans on how to achieve wealth through entrepreneurship. It includes extensive statistics on black wealth, per capita income, median family income, wages, etc. The book also offers detailed case studies of entrepreneurs and the problems they encountered starting their businesses. Includes fascinating statistics about black wealth and black entrepreneurship Features strong case studies of everyday entrepreneurs, the problems they faced, and how they overcame them Robert L. Wallace (Columbia, MD) is an entrepreneur, management consultant, and speaker. He is the founder and President of The BiTH Group, which develops training programs for entrepreneurs.

Author Biography

ROBERT L. WALLACE, BSMF, MBA, is an entrepreneur, management consultant, and much- sought-after speaker on the subject of minority entrepreneurship and economic development. He is the founder and President of the BiTH Group, Inc. and EntreTeach.com, the Internet portal for developing tomorrows entrepreneurs. He also serves on the General Electric Center for Financial Learning Advisory Board.

Table of Contents

Introduction	ix
Economic Overview of the Black Community: Why the African American Community Needs Black Entrepreneurs---Now!	1	(11)
Status of African American Businesses	12	(5)
The Creation of Wealth-Building Power within the African American Community	17	(15)
Preparing Yourself for Starting Your Own Business	32	(41)
``There Is No Time for On-the-Job Training''	52	(8)
Earl Chavis
``We Need to Be Able to Effectively Network''	60	(7)
Walter W. Hill Jr.
Eillen E. Dorsey
``Once Again, She Prayed for Guidance''	67	(6)
Lois Peters
Refining Your Vision and Setting Your Goals	73	(42)
``Don't Sell Minority, Sell Business''	92	(12)
Joyce Foreman
``Just Find a Void, Fill That Void and Do Not Be Afraid to Take a Chance''	104	(6)
Wayne Armour
``You Have to Have a Long-Term, Well-Thought-Out Business Strategy''	110	(5)
Eugene Curry
Success Factors for African American Enterpreneurs	115	(30)
``We Have to Learn to Utilize Our Own Resources''	129	(6)
Peter Parham
Calvin Grimes Jr.
``I Never Sell Minority. The First Thing I Do Is Sell Myself''	135	(10)
Willie Artis
Twenty Traits of Successful African American Entrepreneurs	145	(45)
``If You Believe in Your Heart That You Are on the Right Path, Push Even Harder''	166	(9)
Christopher J. Williams
``If We Don't Kill Something, We Don't Eat!''	175	(10)
Jerome Sanders
Eliot Powell
Robert (Bob) Wallace
``When I Was 12 Years Old, I Decided That My Vocation Was to Be a Business Person''	185	(5)
C. Michael Gooden
Intrapreneurship: A Precursor to Becoming an Entrepreneur	190	(34)
Where Do We Go from Here?: 17 Strategies for Entrepreneurial Success	224	(27)
Appendix: The Minority Business Executive Program at Dartmouth College	251	(6)
Glossary of Business Terms	257	(6)
Bibliography and References	263	(6)
Acknowledgments	269	(4)
Index	273