Category: Social Entrepreneuer

BLACK FEMALE ENTREPRENEUR IS FIGHTING GENTRIFICATION USING CROWD INVESTING AND SHOWING BLACK PEOPLE HOW TO DO THE SAME-ONE BLOCK AT A TIME

Lynn P. President/Founder of Buy The Block

Introduction

When you walk into the stores at a strip mall or the local community commercial corridor to purchase your retail needs, have you ever wondered who owns the building that houses all of those retail establishments? The massive apartment complexes that adorned the inner-city skyline and house so many residents in very compact areas where the economic density is immense and truly illustrates the meaning of urban living. Who owns these massive structures that generate tremendous amounts of revenue by merely being present in the community? JOIN THE MOVEMENT! 

For more information or to pledge go to https://buybacktheblock.com/

Commercial Real Estate

The Commercial real estate industry consist of property that is used solely for business purposes and that are leased out to provide a workspace rather than a living space. Ranging from a single gas station to a huge shopping center, commercial real estate includes retailers of all kinds, office space, hotels, strip malls, restaurants and convenience stores, and the size of the United States commercial real estate market is in dollars is around $6.6 trillion according to worth of commercial real estate in the United States according to Statista.

Commercial Real Estate By The Numbers

  • Retail includes indoor shopping malls, outdoor strip malls, and big-box retailers. It also includes grocery stores and restaurants. Its value is around $2.1 trillion, or 36 percent of the total value of the commercial real estate. It consists of at least 9.5 billion square feet of shopping center space.
  • Hotels include motels, luxury resorts, and business hotels. There are roughly 4.4 million hotel rooms worth $1.92 trillion.
  • Office buildings include everything from Manhattan skyscrapers to your lawyer’s office. There are roughly 4 billion square feet of office space, worth around $1.7 trillion, or 29 percent of the total.
  • Apartment buildings are also part of the commercial real estate. That’s because companies own them only to turn a profit. There are around 33 million square feet of apartment rental space, worth about $1.44 trillion.
  • Industrial property is used to manufacture, distribute or warehouse a product. It’s not always considered commercial, especially in land use plans and in zoning. There are 13 billion square feet of industrial property worth around $240 billion.

Commercial Real Estate is White Males Dominate

According to a report from the Commercial Real Estate Development Association, a national organization founded almost 50 years ago, and that has more than 18,000 members, used Equal Employment Opportunity Commission data and found that more than three-quarters of senior commercial real estate executive positions nationwide were held by white men. Hispanic, Asian, black and other women — own less than 1 percent of the CRE senior executive jobs nationwide, according to the report. During more in-depth research I came across this 2014 article by Duke Long 10 Reasons You Will Never Become a Commercial Real Estate Broker, and two of his reasons that stood out to me was point number 4 You are not a (White) man.  This article stands in stark contrast to the reality of Buy The Block!

Who Is Lynn P

Lynn is a serial entrepreneur that founded my first company at 28, with the help of family and friends. In 2010, she established BBE to pay it forward by providing education and funding for businesses. With Buy the Block, she has created the first Black-owned real estate crowd investing platform enabling the Black community to pool immense $1.3 Trillion in purchasing power to come together to make real estate and business development investments.  

Buy The Block

Serial Entrepreneur Lynn P founded Buy the Block in a toolshed in Cincinnati in 2013. The company allowed her to couple her two passions, real estate investing and teaching others the art and science of real estate investment,  into a seamless online crowd investing experience for the Black community. Buy the Block has solved two of the major issues of the Black community.

The first is access to capital for businesses and real estate development and the second is an investment platform with a low barrier to entry to facilitate the building of community equity and Black wealth at the same time. Buy The Block now serves investors and developers all over the US and is thrilled to be a part of the global crowd investing and alternative finance industry.By bringing investors together with entrepreneurs, we are not just building stronger communities; we are building wealthier districts. In that wealth lies the only real independence.

Buy The Block’s First Commercial Development

Lynn P is spearheading her next foray into the commercial real estate with a MAJOR move with Buy Back The Block movement, which will consist of over 1000 individuals raising over $1 million to Buy The Block. As a result, the facility will become 100% owned by the community members who support it. Construction will begin in April 2018, with a $600 thousand renovation that includes 11 retail spaces, office space and apartments. The development plans to reopen in June 2019 as a retail building for the Dayton, Oh community. 

Commercial Real Estate Development Project

Buy Back The Block and Stop Gentrification

The vision we all share at Buy Back The Block is to change investing from confusing and frustrating, to an accessible and enjoyable social experience. This is not what is currently obtainable, and as such we want to create a new generation of connected investors who feel informed, empowered, and confident.

We believe the current options aren’t meeting the expectations of the next generation. We are developing an accessible, collaborative, friendly and fun investing environment for both new and experienced investors. Our efforts provide a seamless and secure solution that empowers people to spend together in a way that has never happened till now.

Conclusion

Before converting this next commercial building project into it to a retail building, the 87-year-old building is sitting empty. Once this door of opportunity opens up, it will allow those of us who are conscious about legacy and generational wealth to say, ‘What are we going to do differently?’ Buying Commercial Properties is next phase in the exciting journey.Your contribution will help us complete the purchase of this property, rehab and host the block party. Also, it will help you buy a piece of your first block! Incredible to hear, but true. Join the Movement to Buy Back the Block at BuyBackTheBlock.  JOIN THE MOVEMENT! 

For more information or to pledge go to https://buybacktheblock.com/.


Posted on December 18, 2017 By Staff With 0 comments

FIRST BLACK-OWNED REAL ESTATE CROWD INVESTING COMPANY IS SHOWING EVERYONE HOW TO BUY BACK THE BLOCK; BLACK COMMUNITY IS EXCITED

Crowdfund Your Way to the Top!

Little drops of water can run into great pools, and there is power in numbers and these form the premise of crowdinvesting. Recall those charity dinners where lots of money is realized for a good cause because loads of different individuals or organizations contributed their widow’s mite to the coffer? A similar scenario plays out in crowdinvesting. The good part is that the whole process is regulated and backed by laws to protect all the players.

Now, even though crowdinvesting, especially real estate crowdinvesting is a relatively young venture, it has gained many grounds in that short period. Why do you think that is the case? It offers the average person the opportunity to own properties that they would not have been able to hold or sell otherwise. A few years back, you hardly find individuals venturing into real estate, except, of course, the bourgeoisie and the corporate multimillion enterprises. Things have changed since then.

You can make more money, in the long run of course. You get to invest and contribute positively towards the betterment of the lives of numerous people. You would be helping to keep the dream of shelter for ‘all,’ a reality. You would have done something you and your future generation would be proud of for years to come. You can beat your chest in years to come and say ‘yes, I was here,’ in addition to making money.

Although it sounds risky, and it probably is, but come on, what worthy undertaking in life is not fraught with risks? However, as I mentioned previously, the laws and regulators are there to guide and protect you. Besides, BuyTheBlock.com wants to be around in this business for years to come, leading investors like you to greatness.

Own The Block

The real estate investors on BuyTheBlock.com are called BlockVestors, apt right? I love the title myself.

BlockVestors can invest as little as $100 in equity or debt securities. You or anyone else can participate, and you do not need to be accredited.

You pay nothing to register as a BlockVestor. All you need do is register on the website, browse, review any of the available offers, get whatever information you need about the offer with a click, and sign any agreement electronically. Then you purchase your shares whenever it suits you. Social media can be used to publicize the properties you are buying, owning or selling. Very simple right?

Oh, what if you change your mind? There is room for a refund so far as you do that 48 hours before the offer closes. Oh, I almost forgot this tiny piece of information, your returns! This is distributed to all the BlockVestors within the specified period, depending on whether the investment is equity or debt.

Sell The Blocks

You know, there is this freedom associated with Buy The Block kind of crowdinvesting. Another interesting point you should know is that you have the opportunity of becoming a Block Developer at Buy The Block. As such, you can raise $1.07 million for any real estate project and or business that includes real estate over a year period via Buy The Block.

Simple step too, create an online account, provide the property information, followed by some paper works, then after the due diligence protocols and approval you are on your way to becoming a Developer on Buy the Block. Afterwards, you publicize, notify your group of BlockVestors who in turn can invest once the property becomes open for investment.

The whole process is something you can begin once you make up your mind, it does not take much to create your online profile or start block offer.

Offer Categories

Variety is the spice of life. Take a look at the various categories available on Buy The Block.

  • Office category
  • Retail category
  • Industrial category
  • Multi-family residential category and
  • Single-family residential category

No matter your tastes and interests, you are covered. These types, along with the latest offers are beautifully and proudly displayed on BuyTheBlock.com so you can quickly make the right choices.

Why not take that leap of faith? You have nothing to lose really. You can carry out your research on all the other parties involved just to be sure you are at the right place with the proper investment.

Please visit www.buytheblock.com to get all your burning questions answered.

Knowledge is power. Whatever you decide, Buy the Block will work with you every step of the way. If you encounter any problem along the way, they are only a click away. You can also email or call customer care representatives.

Finally, be sure to invest and invest wisely to secure your future and that of many others.

BUY THE BLOCK  A SPACE TO INVEST IN REAL ESTATE WITH YOUR PEERS

Posted on November 22, 2017 By Staff With 0 comments

Program Is Showing the Black Community how to ‘Buy Back the Block’– One Investment at a Time

Lynn the Founder of Buy The Block

Lynn, Founder of Buy The Block — Program Is Showing the Black Community how to ‘Buy Back the Block’s One Investment at a Time

MEMBERS OF THE BLACK COMMUNITY RALLY TOGETHER TO ‘BUY BACK THE BLOCK’– ONE INVESTMENT AT A TIME

Following the successful creation of ‘Buy The Block’ as well as the passionate contribution of the community towards ensuring that the movement’s goal of raising the sum of $100,000+ is reached.  Lynn is thrilled to announce the highly anticipated launch of their new one-stop online crowd investing real estate investment platform,  2017.

Even though we are not yet there, it is heart-warming to see black people across the U.S., unite as one to embrace and support this unique concept via their continued contribution. With their help, we’ve been able to raise almost $109,000+ an amount we are devoting towards the development of our website, app and buying our first block” said Lynn, CEO at ‘Buy The Block’. In the coming months, contributors will be taking advantage of some excellent features that will take everyone by storm. These unique offerings will be targeting the existing state of affairs and bringing a breath of fresh air to the industry.

Suffice it to say that ‘Buy The Block’ aim to lead sponsors and developers in a significant number of investor’s projects if not all. This major factor in their operation distinguishes them from other crowd investing platforms.  While loads of their competitors only handle third-party sponsored projects and front as mediators through the provision of technology to execute funding for outsourcing deal. Buy The Block has been able to carve a niche for itself by putting their money where their mouth is and spearheading their project development with the help of their in-house Block Development Success Managers.

Doing this has helped us to reduce risks to the barest minimum and increase investors’ returns. Furthermore, through the creation of a personalized portal per investor, we furnish each of them with frequent real-time investment updates.  Our process will help us to earn their confidence without hassles.”  With a team of sound and highly respected professionals, Buy The Block is on a mission to change the face of crowd investing real estate. By keeping each investor informed through the provision of regular updates, the company continues to endear itself into the heart of investors.

“We have a blueprint of what works, and it will produce results. We are here to stay and lead the way by making real investing easier than ever” Lynn concluded.  Buy The Block was live on Saturday, June 17th, 2017 (Juneteenth)! Visit our Facebook page for more details.

Buy The Block goal was 500 members, we now have 450+!  Way to go!

Join The Movement

###

Contact:
Buy The Block
Email: info@buytheblock.com
URL: https://www.buytheblock.com

Posted on February 23, 2017 By Staff With 73 comments

In 20 Years, Black-Owned Women Businesses Have Skyrocketed More Than 300%

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It’s official; the growth in the number of businesses owned by black women is off the charts! The growth has reached 322 percent since 1997. In fact, businesses owned by African-American women represent the fastest growing group of entrepreneurs in America, according to a new study.

African-American women the fastest-growing entrepreneurs

The latest report, the 2015 State of Women-Owned Businesses Report, showed that black, women-owned businesses grew 1.5 times more than the national average for business growth between 1997 and 2015. Their skyrocketing success has resulted in:

  • Generating $52.6 billion in revenue
  • Employment for 300,000 people


Black women own almost half of all black-owned businesses

Black women own about 14 percent of all businesses in the U.S., or approximately 1.3 million businesses. They are also the owners of 49 percent of all the black-owned businesses in the nation. And as their businesses grow, so does their clout. In states such as Georgia (35 percent), Maryland (33 percent), and Illinois (22 percent), these entrepreneurs represent greater percentages of women-owned firms than the national average, which is 14 percent.

Given the steady growth of black-owned women businesses, it’s likely that we will continue to see these numbers grow, along with increased economic power and influence for these amazing entrepreneurs.

 

AFRICAN PRINTS & DESIGNS FOR YOUR HOME AS WELL AS EVERY DAY LIFE.

Sponsor: AFRICAN PRINTS & DESIGNS FOR YOUR HOME AS WELL AS EVERY DAY LIFE.

Source

Posted on March 8, 2016 By Staff With 1 comment

DETROIT 9-YEAR-OLD LAUNCH A CLOTHING BOUTIQUE FOR BOYS

churchboy

Location is Church Boy Clothing at 8900 E. Jefferson Detroit, MI 48214 (off of Marina drive)

Address: 8900 E. Jefferson Detroit, MI 48214

Phone: 586-894-8335

Hours: The store is open Thursday-Saturday 11 a.m. – 7 p.m.

First, his dress code was different from the rest, always wearing dress clothes while going to church, among other occasions. In church, most kids would wear casual attire while he would be wearing suits. It began quite early for him; he asked how to tie a bowtie at the age of four, something that wasn’t readily available for children of his age. When he turned 7 years old, he already started thinking of how he could provide a place where young boys would purchase formal wear.

At some point, Hill asked his grandma why children used to attend church services dressed casually. His grandma told him that such clothes are expensive. This inspired him further to think of providing a destination where such clothes would be affordable. But it wasn’t that alone. Understanding that there are those who would still stick to casual wear, regardless, he thought of starting a business that offered both official and casual attire.

To put the idea into reality, Hill reveals that he received support from his grandma, parents, family members, and his church. Ironically, his parents didn’t take him seriously when he started talking about starting a business; yet, he persistently asked for it. Finally, when he was seven-years-old, they managed to get for him a business license.

Getting a location for the business was another challenge, but lucky enough, Vees Boutique allowed Hill to get a spot in her shop.

Running a business isn’t that easy, particularly for a young boy who’s still going to school. Asked how he manages to balance school and his business, he said: “First I have to see what day I have an activity and I know what to do. I play football, piano, sing and I’m a worship leader at church.  I do my homework between 4:00-4:30 and I practice the piano at night. I get all A’s and B’s and I’ve been on the honor roll since kindergarten (Now in the 5th grade). I’ll work my store on Friday evenings and Saturday Afternoons. My grandmother and Ms. Vee will operate it the rest of the days.”

The name of his boutique is Church Boy Clothing and it opened in November in Detroit. His store provides different clothes and accessories, including socks, cufflinks, belts, men bracelets, among others.

He’s looking forward to being either a lawyer or obstetrician, and he’s planning to study either at Princeton or Howard University. To meet his college tuition needs, he’s planning on saving his profits.

Source:

 

Posted on January 31, 2016 By Staff With 7 comments

SHOULD AFRICANS ALL OVER THE GLOBE HOME SCHOOL

Homeschool

5 Reasons Why African-American Children Should Consider Homeschooling

1. Politicians sacrifice the black community over and over again.

2. Public schools are still segregated.

3. Public schools expect less from black students.

4. Private schools are not a solution.

5. Homeschooling solves a huge number of educational problems for black kids.

75% of the students said they had to make special efforts to fit into their school communities; 82% reported that they had had negative experiences at their schools; and 40% did not believe that the school treated all students the same.

The National Black Home Educators (NBHE) is a resource network founded by Eric and Joyce Burges in July 2000. This association will encourage, support and offer fellowship to families who are exploring benefits of home education. Eric and his wife, Joyce, have home-schooled for nearly l4 years.  http://www.nbhe.net/

Rise in Black Parents Home-Schooling Children Produces Many Benefits

Kunjufu also pointed to another benefit of home-schooling: The ability to keep students focused during the summer months.

“Research shows that there is a three-year gap between white and black students. Some students do not read or are (not) involved in any academic endeavor during the summer. Those students lose 36 months or three years if you multiply three months times 12 years (grades first -12) Home-school parents do not allow academics to be forsaken for three months,” he wrote.

“Finally, in the home-school environment, parents are allowed to teach their children values,” he concluded. “Large numbers of parents are teaching their children faith-based morals and principles. And many are teaching their children with the Afrocentric curriculum SETCLAE. These children are being taught truths like, Columbus did not discover America; Abraham Lincoln did not free the slaves; Hippocrates was not the father of medicine and that African history did not begin on a plantation, but on a pyramid.”

Yes, Black People Homeschool Their Kids, Too

Challenges overcome

As a family we have overcome a host of challenges as it relates to homeschooling. We had to learn early on the art of living on one income. I believe that sacrifice and pursuit has been just as important in the lives of our children as the process of educating them. I mentioned our desire to find other Black families with the same schooling goals. It took a few years for us to connect with those families, but we did it. Along the way, we were able to embrace all of the families that we met, whether through support groups or extracurricular activities.

Home, Private and African Centered School Resources:

Nationhouse – Washington, D.C. (Private)

Roots Activity Learning Centre – Washington, D.C. (Private)

Roots Public Charter School 

Nubian Village Academy – Richmond, VA. (Private)

Nsoromma School – Atlanta, GA. (Private)

Imhotep Center of Education – ” ” (“)

Higher Ground Academy – St. Paul, MN. (Public)

Woodlawn Community School – Chicago, IL. (Public)

DuSable Leadership Academy Charter High School – Chicago, IL. (Public)

Freedom Home Academy – ” (Private) freedomhomeacademy@gmail.com

Ijoba Shule – Philadelphia, PE. (Private)

Ile Omode Preschool/Elementary School – Oakland, CA. (Private)

Little Sun People – Brooklyn, NY.

Pearl Academy – Atlanta, GA. (Private)

New Concept Preschool – Chicago, IL. (Private)

Urban Prep. Academies – Chicago, IL. (Public)

Kamali Academy – New Orleans, LA. (Private)

New Orleans Liberation Academy – ” (Private)

Kuumba Learning Center Preschool – Washington, D.C. (Private)

Lotus Academy – Philadelphia, Penn. (Private)

Sankofa Academy – West Chester, Penn. (Public Charter)

Joseph Littles’ Nguzo Saba Charter School – West Palm Beach, Fl. (Public)

Sankofa International Academy – Brookyln, NY (Private)

Nelson Whynder Elementary School – North Preston, ” (Public)

The Nubian School – Trinidad (Private)

Kemet Foundation School – Ghana (Private)

K-12 (not African Centered, but an excellent FREE source to home school)

African American Home School

We know there are way more than this out there, please send more via the contact us page.

Reference Resources:

– Homeschooling Basics (101) by Beverly Hernandez, About.com Guide

– “The new pioneers – Black Homeschoolers,” Home School Legal Defense Association Magazine, July/August edition.

Athelda Ensley is a freelance writer and author who writes at her Speed of Life blog.

 

Posted on January 20, 2016 By Staff With 0 comments

BBNOMICS BLACK CROWDFUNDING SITE RAISED $40K SO FAR

FOR IMMEDIATE RELEASE

CONTACT:

BBNOMICS
913-4BUYBLK
www.bbnomics.com

IMPRESSIVE: BBNOMICS BLACK CROWDFUNDING SITE RAISED $40K SO FAR

BBNOMICS: CROWDFUNDING SITE – THE POWER OF THE CROWD!

#1 BLACK CROWDFUNDING SITE IN THE NATION!

Nationwide (BlackNews.com) – BBNOMICS is proud to announce its Black Business generating crowd funding site, which serves as a means of creating the capital necessary to launch entrepreneurial endeavors. BBNOMICS has a built-in Marketing Program that will serve the business pursuits of black businesses entrepreneurs and organizations around the globe. Crowd funding is the perfect mixture of social media, business sense, and word of mouth crowd wisdom. Crowd funding is a way of collecting funds for a project, product, or business initiative in which both the investor and project recipient get rewarded for their submission to the project. It is also an engine of change for a new way of economics spurred by the power of cooperative investment. This crowd funding venture has at its core a goal of empowering predominantly black neighborhoods across the globe by circulating community dollars in a way that will foster the spirit and activity of business cooperation.

The concept is simple, people simply commit to funding your project and are rewarded once the project or organization reaches  the pre-defined goal. Through BBNOMICS you can create an entire project and promote it on the site for viewers to choose, at the minimum contribution of $5.00 anyone can enjoy investing. This has some massive benefits. For the duration of time your project is posted on BBNOMICS it will benefit tremendously from marketing and advertisement, giving your product or service a solid foundation to launch from. It is the purpose and desire of BBNOMICS along with its affiliates to the see the projects of its participants get funded and we are not afraid of the hard work and personal touch necessary to see your business dreams a success.

BBNOMICS in its concept and internal organization will have the awesome potential of creating a funding source for Africans globally. Cooperative Economics entails a group of people working together for the mutual benefit of their community and future. The goal is to create a minimum of 24 business owners per year; or in other words raising capital for 24 funded and fully functioning business entities, with a target funding goal of $1.8 million annually.

The plan is generate capital for small business by using unique and creative methods.  The way this organizations will do this is from good ole’ fashion investment backers contributing directly to the website and being rewarded for doing so. The other opportunity is created from BBE Investment Club.  BBNOMICS users will have the option of signing up for BBE INVESTMENT CLUB, which is a capital creating club that give individuals and our group access to thousands of dollars as an alternative to traditional funding.

Here’s the company’s message: “Get funded on BBNOMICS! We want to meet a 97% success rate; this we believe is possible through our $5.00 minimum contribution, as well as our commitment to have our backers rewarded for their contribution. Be there when our community is looking for meaningful projects to support. We now have a platform which assists the funding of Black/African Owned businesses worldwide. Connect with your backers by joining us and allow people to find you. Encourage your friends and family to visit the site and share, rate, recommend, and get rewarded for patronizing a business or organization of your choosing. BBNOMICS also provides an open forum for black business men and women to dialogue about economic topics relevant to collective success.”

BBNOMICS has a space where users can add photos, a company or personal bio, and a 180 second promotion “pitch” video. They allow users to make the most of their project by giving them an opportunity to showcase it to savvy backers who are searching for worthy projects to support. This continuous cycling of black-owned business activity will produce economic revitalization across the African Diaspora.

BBNOMICS RAISED $40K SO FAR BBNOMICS: CROWDFUNDING SITE – THE POWER OF THE CROWD! #1 BLACK CROWDFUNDING SITE IN THE NATION.

As part of the BBNOMICS program, users have access to the following benefits:

Traction.

When conducting a crowdfunding campaign, you may also generate traction for your start-up. This will be demonstrated through large amounts of backers, pre-orders of the product or service your start-up offers, or a significant amount of media interest. Generating traction is an important step to prove success and prepare for investor pitching.

Social proof.

When potential clients show interest in your start-up’s product or service, you’ve generated social proof. This is essentially showing that other people believe in what you’re doing. Another way to generate social proof is to take on advisers prominent in their respective (related) fields.

Press coverage.

Helpful media coverage could include a feature on your company in a popular news station, blog, or print publication. Press coverage will generate more eyes on your campaign and create brand awareness for your start-up. It’s also a great way to bring in backers outside of your personal network.

Marketing.

Throughout the course of your crowdfunding campaign, you’ll have the opportunity to engage supporters and grow your audience. The result? Your campaign doubled as marketing for your start-up!

Potential investor interest.

Investors are interested in ambitious entrepreneurs whose ideas have garnered traction and social proof. Whether they read about your new product on a popular blog, or hear about your innovative campaign from a friend, a successful crowdfund is a great way to capture investor interest.

The plan of BBNOMICS is to create the mindset and practice of cooperative economics. This method will encourage us to launch businesses, garner support from our community, all the while encouraging those same businesses to be responsible to the community.

For more details, visit the web site at www.bbnomics.com or contact inquiry@bbnomics.com or [913-4BUYBLK].

Twitterwww.twitter.com/buyblkeconomics
Facebookwww.facebook.com/bbnomics
-END-

 

BBNOMICS website translates into 60 different languages. Join today and give today.

 

Posted on January 13, 2016 By Staff With 0 comments

TOP 5 BLACK OWNED BUSINESS RUN BY CHILDREN

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Photo credits: Maya’s Ideas Website

Every business begins with an idea. Coming up with that idea is one of the coolest feelings in the world. It makes you daydream during the day and keeps you awake at night. However, that idea doesn’t come easy, and once our youth bring them to reality it is worthy of us celebrating and supporting.

So we’ve compiled a list of the top 5 black owned businesses run by children in our community. Every business listed started out of their living room, so what are you waiting for?

 

  1. Lemonade from Bee Sweet Lemonade – Today, the award-winning BeeSweet Lemonade is buzzing off the shelves of Whole Foods Market, the world’s leader in natural and organic foods, and available at a growing number of restaurants, food trailers and natural food delivery companies.
  2. Bow ties at Mo’s Bows – Mo’s Bows is a company I started in Memphis, TN in 2011 when I was just 9 years old. I couldn’t find fun and cool bow ties, so one day I decided to use my Granny’s scrap fabric to make and sell my own. I like to wear bow ties because they make me look good and feel good. Designing a colorful bow tie is just part of my vision to make the world a fun and happier place. -Moziah
  3. Clothing and accessories at Maya’s Ideas – I’m a 15 year old philanthropist, environmental activist, entrepreneur, eco-designer, inspirational speaker, artist, animator, coder, (I make animated short films), illustrator, and writer. I am the CEO of Maya’s Ideas, a company I started in 2008 when I was just 8 years old. I create eco-friendly clothing and accessories. My designs are sold all over the world and I have customers in Denmark, Italy, Australia and more. I love to use my creativity to give back. 10-20% of my profits go to causes local and global charities and environmental organizations.
  4. Cookies from Mr. Cory’s Cookies – Cory has always had a dream of making the world better for everyone he knows.  That passion, combined with a love of treats and an entrepreneurial spirit, led Mr. Cory to be the owner of Mr. Cory’s Cookies at just 9 years old.  His delectable cookies are all-natural and made from high-quality ingredients – not wacky ingredients with names that you can’t pronounce. In 2009, Mr. Cory told his mother he was tired of taking the bus to school and he wanted to buy his mom a car. He crafted the idea to sell hot cocoa to raise the funds. Mr. Cory put all his spare time into selling hot cocoa at the Roman Inn in Englewood, NJ, and later in front of his home.
  5. Gourmet popcorn from E & C Popcorn Shop – E & C Popcorn, aka Ethan and Collier Popcorn Company, is an Atlanta based online retailer of homemade “gluten-free”gourmet specialty Caramel popcorn. As a way to reward their two young sons for having a productive day at school and to teach them about business and entrepreneurship, Monique and Ben Evans along with their sons, Ethan and Collier started E & C Popcorn Company, and this families love of popcorn was born

TOP 5 BLACK OWNED BUSINESS RUN BY CHILDREN

Posted on December 22, 2015 By Staff With 18 comments

MEET THE WOMAN TAKING THE NATURAL HAIR INDUSTRY TO A WHOLE NEW LEVEL, IAMMENATURALLY

M

Manicka Thomas is the CEO of Thomas Community Consulting LLC, which she started to assist nonprofit organizations and small business to begin  changing the conversation about their businessess….to begin focusing less on the problems that exist, and more on solutions that could be addressed through Public Relations campaigns, Event Planning, Community Outreach and Professional Development training opportunities.

In addition to being an entrepreneur, Manicka also worked at Sinclair Community College in the School and Community Partnerships Division. There, she coordinates the Seniors to Sophomores Program. As the Coordinator, she worked with rising high school seniors who enrolled full time at Sinclair, while simultaneously completing their high school graduation requirements.  In addition to these duties, she also serves as Chair for the Division Marketing Committee and works as an Adjunct Faculty member in the Social Work Program at Sinclair.

calender

Pre-Order Your Copy Of The 2016 Calendar.

1. Why am I in business?

I am in business to begin creating wealth for myself and my family. I want to create a business that I can pass down to my children. There is no better feeling then being your own boss, and spending time building something for yourself where you directly benefit. I’ve never wanted to spend my time working to build someone else’s business when I could spend time building my own.

2. How did you choose your business name. The overall name for my company is Thomas Community Consulting. I’ve always said, Thomas is who I am, Community is what I love, and consulting is what I do! Under the TCC brand is I Am Me Naturally No Lye, which is my give back initiative for nonprofits. I created a natural hair calendar for girls. I created this name by researching the power of the words “I AM’ for bringing positive changes into your life and because I wanted a name that embodied the mission of empowering mom and girls to love and embrace their natural hair no matter the length or texture.

long sleeve shirt.

Order Your “I AM ME NATURALLY NO LYE” wide-neck sweat shirt.

3. I started the I Am Me Naturally brand because I noticed a gap in the natural hair community where we were talking more about products and styles and less about how to own and control the products within this new industry we created. Furthermore, I did not see a lot of conversation in the community about how we could empower ourselves economically within the movement. I wanted to create a space for this dialogue to take place.

4. My background is in Social Work. I have a Masters degree in Social Work and am a Licensed Social Worker for the State of Ohio. I have an extensive background working in various social service positions in the nonprofit sector. I am also an Adjunct Faculty member at Sinclair Community College where I teach Cultural Competence in a Diverse World and Introduction to Social Work.

5. I started my business in 2011 and I work with nonprofit organizations on solving problems within their businesses that could be addressed by event planning, professional development training, PR and fund development. I also assist new organizations with applying for their 501c3 tax exempt status.

6. Business form: LLC

7. Advantages of LLC. Protects your personal assets in the case of getting sued. Creates a vail between my personal assets and asset acquired through the business

8. How did I acquire skills?

I made a lot of mistakes and asked a lot of questions. I would schedule meetings with business owners whose business models I liked. I also spent a large amount of time researching businesses and reading various books on business development. I also have gained transferable skill set from the jobs at which I worked

9. Where do I see my business in the next 5 years? I would like to acquire an office space. Any small business owner can attest to the fact that the hardest part of starting a business, especially a black owned business, is access to capital. My goal is to build my business credit so that I can have a physical space to operate and to be able to hire at least 2 employees.

10. No I do not have employees at this time.

11. What I learned from this interview is that I have made pretty significant progress in my business, having been the 1st in my family to start a business. There are also a few areas that I need to sure up, specifically, what would happen to my business if something where to happen to me

Manicka’s passion for her community is evident in her leadership roles and service. She has served as past Chair of the NAACP Education Committee and served as a member of Dayton Public Schools’ Accountability Panel. She currently serves as a Board of Trustee member for Wesley Community Center and is a 2012 graduate of the City of Dayton’s Neighborhood Leadership Institute.

 

Manicka has worked, for four years, as a Contributing Writer for the Dayton Weekly News, which is the longest running African American newspaper in the city of Dayton. She has published several articles on topic related to women’s health, community news activities and nonprofit fundraising events.

She participates actively in her local community by facilitating workshops, conducting training and working on various political campaigns. In May of 2014, Manicka was named by The Business Journal as one Dayton’s 40 under 40-area individuals under the age of 40 who are making a difference in their professions and communities.

She is frequently selected to speak at local conferences, training and seminars as an industry expert. Her work has been featured in key digital and print media publications such as Health Magazine.com.  In addition, Manicka often appears on Living Dayton: WDTN Channel 2 as an industry expert.

She graduated in 2005 from Freed-Hardeman University with a Bachelor’s degree in Social Work. She continued her education at The Ohio State University, receiving a Master’s degree in Social Work with a specialization in School Social Work in 2006. Manicka is also a Licensed Social Worker for the State of Ohio.

Would you like to carry  IAMMENATURALLY calendar in your establishment or business? Please contact Manicka directly.

Twitter: @IAmMeNaturally
Instagram: IAMMENATURALLY
Periscope: IAMMENATURALLY
To feature your business on BBNomics for #EachAndEveryFriday, click here.

 

Posted on December 4, 2015 By Staff With 0 comments

JUST IN TIME FOR ‘DASHIKI DAY’,BRIDGING CULTURAL BARRIERS

National Dashiki Day takes place on Oct. 30, 2015, where it is referenced across the internet, including 1000’s of  mentions on Twitter & Instagram. 

National Dashiki Day. (Rally)
Muslim, Christian, Jew, black, white, red, brown or blue. Whatever or Whoever you are-Stand-Up and Stand-Out against hatred, racism and spiritual persecution! Gather your neighbors, friends, relatives, co-workers and participate in the National Dashiki Day. Wear yours to work, shopping or school. Anywhere and everywhere! Get creative! Host the˜best dashiki’ contest. Get the kids involved! Then post your pics on all over social media and on the net.
More info on Dashiki Day can be found on the Wiki page for Dashiki, or on social media  ‘About National Dashiki Day’ , via twitter & Instagram, use ‘#DashikiDay’. 

JUST IN TIME FOR ‘DASHIKI DAY’, BRIDGING CULTURAL BARRIERS

Check out BBNomics Interview with KemiPosh, based out of Columbus, OH.  

Why are you in business? I am in business to earn additional income other than the typical 9-5 jobs.

How did you choose your business name? My first name is Kemi and since I consider myself to be Posh, I added that to it.

Why are in this type of business? I have always loved the idea of buying and selling. It’s a thrill each time you’re able to multiply a dollar and being in retail allows you to do just that.

What is your background? Education, Work Experience.. I was born and raised in West Africa, Nigeria to be precise. I’ve a Bachelor’s degree in Business Management and I’m currently working as a Business Developer.

Can you provide me with a description of your business? How long have you been in business? My business consist of selling the popular materials called Dashikis in different beautiful styles and colors. I’ve been in business since April of 2012 but began selling dashikis earlier this year.

In this business? In other businesses? This is my only business, for now.

dashikiday

What type of business form do you have, sole proprietorship, partnership, corporation? Sole Proprietorship 

What are the advantages of this form of business ownership? The advantage of being in business on your own is that you can be yourself. You get to make the decisions and be your own boss.

How did you get started in this business? I started back in 2012 by selling vintage items online under the name KemisKloset. I would shop in different hidden boutiques for rare pieces and resell them online. Then gradually, I started selling Brand New items such as clothes, purses, jewelries, shoes and so on. I stopped selling when I entered my senior year in college because school got busy and  I was working a full time job at the same time. Earlier this year, I opened my business back up under Kemi Posh.

How did you get the background and skills necessary to run this type of business? Other than the fact that I studied business in school, I have always been interested in the act of making a living through commerce.

How do the social, economic, environmental, technological, legal and political environments impact your business? Oh my! I can’t imagine owning a business without these tools. My business is impacted by the use of social media, technology and so forth. It helps in reaching out to people worldwide and spreading the word everyday.

Do you know who your competitors are? Of’course I do. If you do not learn who your competitors are, then you’re not really in business.

How do you market your business? As I mentioned earlier, I use social media to my advantage. I’m constantly spreading the word on Instagram, Twitter and Facebook. 

How are people aware of your business? Majority of my customers are aware of my business through my active use of the social media and my business cards.

Please explain what ways do you give back to the community, how & why you choose this particular method? I give back to the community by involving myself in programs that enables me to share my experience in the retail world. I’m constantly encouraging people to think beyond their 9-5’s. I choose this method because it is important to show people how to invest instead of spending.

Where do you see your business in the next year? God willing, I see my business tripling. 

In the next five years? The next ten years?… In the next five to ten years.. Oh my! I’ll let God handle that one.

How has technology, such as computers and the internet, impacted on how you conduct business? I operate an e-boutique business so the internet is where I spend most of my time.I use the internet to run my business, advertise and to constantly promote my store website in whichever way I can.

Why is your business located at this site? I run my business online because operating a brick and mortar store is far more expensive.

Whom do you seek advice from for your business? God, no seriously.

What do you do with your profits? I put all my profits back into the business.

Does your business have a stated mission statement, the reason that this business exists? I’m still working on that.

Can you describe your customers? My customers are people who love to look unique. They are excited about new pieces and love to show them off. My customers are awesome!

Why do your customers select you over your competitors? I believe they select my store because my pricing is lower than some of my competitors and also because I always deliver on time.

What is your management style? I’m hard on myself. I don’t do things any way because I no one to report to. Things have to get done regardless of what is going on in my personal life because there are people out there counting on me to deliver.

What are the biggest issues for running this business? There are fast and slow days in running a business and these are issues one has to familiarize themselves with. The biggest issues for me are slow days and making sure tomorrow is not slower.

If something happens to you, what will happen to your business? The business will most likely die seeing that I am the only one running it, unless someone decides to pick it up, but I am working on that.

What did you learn from this interview? I learned to reinforce my future goals.

Order your Dashiki for, ‘National Dashiki Day’, October 30th, 2015 from KemiPosh.  Use Code #BBE during your purchase.

 

KemiPosh2

Black Business Spotlight is where we showcase black businesses who stand out in the crowd! To find out more or to be featured, follow: @lynnbbnomics .

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Posted on October 25, 2015 By Staff

SOCIAL MEDIA TIPS FOR A SUCCESSFUL CROWDFUNDING

What is bbnomics 2

1.  CROWDFUNDING STARTS BEFORE THE CAMPAIGN LAUNCHES.

The day you launch your crowdfunding campaign is not the day you should start considering whether or not to use Twitter or Facebook. Or Instagram. Or Tumblr.

Bottom line: You need to at least be on Twitter and/or Facebook to have a decent shot at crowdfunding, and you need to have been using them for a while. If you’re reading this and want to crowdfund but are not on these platforms, don’t fret; start social media-ing today, and postpone your plans for crowdfunding until you’ve established a solid social media presence.

Why do you need to be on social media in order to crowdfund well? Because if a tree falls in the woods and no one is there to hear it…you get the picture. You can have the best campaign in the world, meant to support the best project in the world, but if you don’t have a way to spread the word, it won’t matter. You won’t raise the money you need. (One exception to this rule is if you have a tremendously large email list of fans or potential donors, or have built up fans on another social platform.)

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2. YOU CAN’T RELY SOLELY ON YOUR FACEBOOK FRIENDS.

Facebook is a great way to get started with social media, but you have to move past your personal Facebook page for crowdfunding success. If you only post your crowdfunding campaign to your personal Facebook page, you will place the burden of the success of your campaign on the shoulders of your friends and family. Don’t do this, unless you want to get uninvited from Thanksgiving.

Of course you will promote your project on your personal Facebook page sometimes, because your real life friends want to know what you’re up to and want to support you. But you should also have a Facebook fan page for either your project or a larger entity under which your project will fall.

Filmmakers often have a page for their production company so that they can showcase all of their individual movies there, alerting fans of their previous work to their new work. Authors often opt for fan pages for themselves so that fans of previous books can find out about new ones, and so on. Chances are that the project you want to crowdfund for is not the last thing you’re going to do. Make your social media presence a significant and lasting one.

3. THE CROWD IS NOT LOOKING FOR YOU.

No matter how amazing your film or book or custom leather bracelet or designer ice cream cone idea is, no one is sitting around flipping through projects on (insert your crowdfunding platform of choice) looking for your project. Yes, all crowdfunding platforms create a hub for your campaign, but no, it’s not their job to drive traffic to your hub. That’s your job.

 

4. PICK THE PERFECT PLATFORMS.

You don’t have to be on all of the social media platforms that exist. That would be exhausting. Instead, pick the right platforms for you according to:

  • where your audience is;
  • what you can reasonably handle in your daily life.

For example, if you are a filmmaker, you’re likely posting videos and commenting on the videos of others on YouTube and/or Vimeo. If you have a fashion-themed project, make sure you’re on Instagram. If your project is attractive to foodies, find people who love pictures of food on Pinterest. There is no cookie-cutter plan for social media; you have to find what appeals most to your specific audience.

5. SOCIAL MEDIA IS FAST; GET PITHY AND QUIPPY.

Yes, your dream project is important and deserves much discussion, but the key to effective social media is hooking people quickly. Tweets need to be short, awesome punches that people cannot resist clicking on and re-tweeting. On Facebook, you can write longer messages, but don’t go into multiple paragraphs; you’ll have plenty of copy to dive into on your campaign home page. And never underestimate the power of a good picture on Facebook.

6. FORGET ABOUT GOING VIRAL; FOCUS ON BEING VIBRANT.

Anyone who gives you advice on how to make a “viral” video or “viral” crowdfunding campaign is not trying to help you; they are taking advantage of you. There is no guaranteed way to get millions of people to see your crowdfunding pitch video, so focus on what you can control: giving your crowd consistent (and consistently engaging) messages that remind them that you’re still working hard and that they are still a part of the team.

7. GIVE IT. GIVE ANOTHER LITTLE PIECE OF YOUR HEART.

Understand what your audience wants, then give it to them. In some cases, a crowd connects with a creator on a personal level, but how do you do this without TMI (a.k.a. too much information)?

8. “HEY, BROTHER, CAN YOU SPARE A RE-TWEET?”

If you’re asking for money, you’re doing it wrong. This couldn’t be more true. No one likes the guy who says, “Come on! Give $10 to my campaign.” Instead, try these:

  • “Help me spread the word: LINK HERE”
  • “Know anyone who might like this? LINK HERE”
  • Who can help me find the next backer? LINK HERE”

These are very basic, and you should put your own shine on them, but you get the drift. You get people on your side without putting your hand in their pockets and, in the course of it, they become invested in your success. A handful of re-tweets (or spreading the word about your project at their office) is way more useful than one $10 donation.

9. EAT YOUR WHEATIES; CROWDFUNDING IS A WORKOUT.

These crowdfunding campaigns are grueling, masochistic marathons (30 to 60 days, generally), so you have to pace yourself. Hydrate. Take your vitamins. Take a walk. Take a shower. Eat a vegetable or two. Take breaks from checking for backers. Shut off your computer. Turn the reins over to a trusted collaborator for a day while you take a technology sabbath. Use tools like Twuffer,Hootsuite, or TweetDeck to schedule tweets ahead of time. (Hootsuite can do Facebook, LinkedIn and Google+, too.)

Overall, give yourself breaks from the grind so that you can return to your tasks with vigor.

10. AFTER THE CAMPAIGN: DON’T LOVE ‘EM AND LEAVE ‘EM.

Once you’ve met your crowdfunding goal (and even if you didn’t), show respect to those who tried to help your dreams come true. These people are now a part of your project, so keep them up-to-date. Invite them to share milestones with you. Let them know when you send out perks. Let them know when your project gets reviewed. Send them an update when you win your Oscar or Pulitzer.

The other side of this is also letting your backers know when things don’t go as planned. If you’re late sending your perks out, notify them. If your book is going to take longer to complete than you anticipated, be honest about it. They’re not going to be mad when you hit a snag; they’ll appreciate that you respected them enough to keep them in the loop. The crowd might, however, start to worry that they’ve been fooled if you fall off the face of the Earth.

*****

Posted on September 4, 2015 By Staff

SOCIAL ENTREPRENEURS: BUSINESS CAN LIFT OUR PEOPLE OUT OF POVERTY

www.bbnomics.com

Business can be a huge driver of change around the world, but it has to be the right kind of business, run the right way.

How do you profitably sell to a customer who earns less than $2 per day?

It is probably the most daunting business question in the world. As well as the most important, because that’s the earning power of nearly one third of humanity, the 2 billion people at the so-called “base of the pyramid.”

Business can be the great engine that lifts billions out of poverty, but it needs to be a new kind of values-driven business.
The challenge is immense. The typical base-of-pyramid customer lives in a remote rural village, in a cramped hut with no clean running water, electricity, or indoor toilet. The household is typically illiterate, unreachable by traditional marketing channels, has no savings or access to affordable credit, and is dangerously vulnerable at any moment to disease, injury, or natural disaster.

1: RECRUIT AND EMPOWER LOCAL CHANGEMAKERS

Hire individuals with the entrepreneurialism and drive to create change on the ground. You can’t solve the problems of the “last mile” from a headquarters in Washington. It takes local entrepreneurs, empowered to adapt swiftly to the nuances of local markets, to succeed.

2: BUILD A MOVEMENT, NOT JUST MARKET SHARE

Social entrepreneurs don’t just want to make more sales, they want to change a whole system. That means thinking about how to turn your product or idea into a movement, so that the impact can go far beyond what one organization is doing.

Jordan Kassalow understands this. Kassalow is the founder of VisionSpring, a social enterprise which has sold more than 1.6 million affordable eye-glasses to low-income visually impaired people in India, and is en route to doubling that within two years.

You have to be dedicated to a cause. It’s mission, not money, which is the great motivator of people.
Kassalow stepped down as CEO of VisionSpring last year to focus on building a global movement for affordable eye care.

“We realized after we had sold our first million eyeglasses that VisionSpring alone wasn’t going to make a dent on the problem,” says Kassalow. “There are 700 million visually impaired people in the developing world whose lives are blighted by lack of something as simple as a pair of eyeglasses. We’ve proven that access to affordable eye care is one of the best ways to impact lives. If we can make vision part of the global development agenda, we have a real chance of reaching those 700 million people.”

3: EMBRACE COMPETITION

Social entrepreneurs actively welcome competition. It means there are more people trying to solve the problem.

In the hands of the right entrepreneur, price itself can become a weapon in the battle to scale impact. No one does this better than David Green, founder of multiple medical programs and device companies that provide radically lower cost products and services for low-income people. In the early ’90s, when Aurolab, a company that Green founded, first began selling intraocular lenses for cataract surgery, the market price for such lenses was $300. Green’s company began selling them at $10, profitably.

“Our competitors were making huge margins on their products, and locking out the low-income markets that couldn’t afford them,” says Green. “After we began showing that you could sell at $10 and that there was a profitable market serving the great unmet need, other new entrants got into the act, making lenses that were competitive on both price and quality.”

Price competition eventually drove down Aurolab pricing from $10 to $2. As a result of this price competitive industry in eye care, cataract surgeries in India increased more than five-fold over the ensuing decade. Today, Aurolab sells over 2 million lenses annually with approximately 9% of the global market share.

4: MOTIVATE WITH MISSION, NOT MONEY

If you really want to succeed in the toughest market on Earth, you need more than a sales plan and a profit motive–you need a mission.

People who are in this just for the money “simply won’t last the course,” says Greg Van Kirk, founder of Community Enterprise Solutions, which creates sales networks employing hundreds of women entrepreneurs in Latin America and the Caribbean in order to facilitate access to vital technologies in isolated communities.

“You have to be dedicated to a cause. It’s mission, not money, which is the great motivator of people.”

5: MAXIMIZE DISTRIBUTION, NOT PROFITS

David Green calls this Empathetic Capitalism. “Business can be the great engine that lifts billions out of poverty, but it needs to be a new kind of values-driven business, where profit is the enabler, but not the sole motive. We’re demonstrating that companies can succeed which seek to serve as many customers as possible, while covering their costs, rather than maximizing profit for its own sake.”

These entrepreneurs are showing that mission-driven business can improve the lives of the world’s bottom billion. As one participant put it, “wouldn’t it be great if ‘billionaire’ was re-defined to mean someone who had improved 1 billion lives?”

 

Posted on March 5, 2015 By Staff

HOW DOES BBNOMICS CROWDFUNDING WORKS FOR ALL OF US?

CrowdFunding

1. The idea is presented on the BBNomics site. If the idea is approved, then the person presenting the idea will be prompted to set up a project page and get the ball rolling.

2. The category is chosen; project must fit into the following category, specifically located in predominantly black neighborhoods (Globally) & (100% Black/African Owned); in manufacturing, logistics, retail industry. This will make it easier for potential funders to find you based on interests.

3. Money is raised; project owner must set a goal for the amount of money he/she would like to raise and deadline for reaching the goal. If the goal is not met by the set date, then none of the crowdfunders will be charged and the project owner will not receive the money.

4. Rewards are set; project holder sets rewards for various pledge levels in order to entice funders. For example, many new tech devices set a price to “pre-order” their idea. This means that the funder will pay that amount, and in return, they will receive the product once it is developed and produced (if it meets the goal).

5. The concept is showcased; a video that showcases the idea is created by the project owner in order to show off the idea and prove that it is really something they are working on and that they are how they say they are.

6. The project launches; project is now ready to enter the crowdsourcing community and will hopefully intrigue investors and become a reality.

7. Investors are updated; investors must be updated on the progress of the project so they can see how things are going. It wouldn’t be right to keep them in the dark – they paid for it!

8. Funds are received; if the project meets or exceeds its crowdfunding goal, then the money will be given to the project holder (minus fees for posting on the site).

So, there you have it. Would you be interested in becoming a project owner or investor on this site? Leave a comment below or tweet us, @bbnomics

BBNomics Crowd funding is an effort to create a self-help approach to the funding issues BOB’s face in this current market.

www.bbnomics.com

https://www.facebook.com/bbnomics

 

 

Posted on October 21, 2013 By Staff With 0 comments

DOING GOOD IS GOOD FOR YOU AND GOOD FOR OUR COMMUNITIES

www.bbnomics.com

www.bbnomics.com

In order for our communities to move from the “traditional” mostly for-profit model, we must adopt new language as well as new ways of seeing doing things. Our concern must be both community then profit.
Doing good is good for you and good for our communities.

Social entrepreneurship is the process of pursuing suitable solutions to social problems we face. More specifically, our social entrepreneurs should adopt a mission to create and sustain social value. They will pursue opportunities to serve this mission, while continuously adapting and learning. They will draw upon appropriate thinking in both the business and nonprofit worlds and operate in all kinds of organizations: large and small; new and old; religious and secular; nonprofit, for-profit, and hybrid.

Business entrepreneurs typically measure performance in profit and return, but our new social entrepreneurs will also take into account a positive return to society.

Also review terms:
Corporate Social Entrepreneurship
Collaboration
Collaborative method
List of social entrepreneurs
Social business
Social enterprise
Social innovation
Social Venture Capital
Geotourism
Appropriate technology
Triple Bottom Line business theory
Microfinance
Microfranchising
Open-source appropriate technology

www.bbnomics.com BBNomics

 

Posted on October 9, 2013 By Staff With 0 comments