IBSA – Online

Entries from April 2006

Who Speaks for Black People? — April 2006

April 25, 2006 · Leave a Comment

By Prof. James Clingman Jr.

I posed this question to my Black Entrepreneurship class at the University of Cincinnati, and much to my chagrin, after a long period of silence, only one young lady had an answer. Even sadder is the fact that I did not posit the question in the context of entrepreneurship, rather, it was just a general question. While I am not surprised at their lack of response, in the larger context of Black leadership, that response spoke volumes – their silence was deafening. So I ask you. Who does speak for Black people? Who stands up for Black people?

Full Article: http://www.blackonomics.com/content.ihtml?cmemstep=1&nid=5610&catid=:catid

Categories: Admin

90% of Black-owned businesses are single proprietorships and home-based businesses!

April 25, 2006 · Leave a Comment

Many are surprised to see social assistance is one of the largest industries comprised of Black business owners…

Revenues for Black-Owned Firms Near $89 Billion, Number of Businesses Up 45 Percent

Revenues generated by the nation’s 1.2 million black-owned businesses rose 25 percent between 1997 and 2002 to $88.8 billion in 2002, while the number of such firms grew by 45 percent in the same five-year period. This is according to a new report, Survey of Business Owners: Black-Owned Firms: 2002 [PDF], released by the U.S. Census Bureau.

“These are encouraging results,” says Roger Madison, CEO of iZania,LLC. “However, these broad figures mask the reality that over 90% of Black-owned businesses are single proprietorships and home-based businesses.”

Entrepreneurship is recognized as a key element in the movement toward wealth creation within the Black community. Now Black Entrepreneurs must advance beyond the entry level and engage in collaborative activities to gain the critical size and capacity for growth. The iZania Virtual Black Community strives to provide the connections, and access to the resources within our community that can capitalize on our $700 billion in spending and investment power to help drive the growth of our enterprises.

JOIN iZania today to help us continue these growth trends.

What Business Category Are You In?

Categories: Admin

Who Speaks for Black People? — April 2006

April 25, 2006 · Leave a Comment

By Prof. James Clingman Jr.

I posed this question to my Black Entrepreneurship class at the University of Cincinnati, and much to my chagrin, after a long period of silence, only one young lady had an answer. Even sadder is the fact that I did not posit the question in the context of entrepreneurship, rather, it was just a general question. While I am not surprised at their lack of response, in the larger context of Black leadership, that response spoke volumes – their silence was deafening. So I ask you. Who does speak for Black people? Who stands up for Black people?

Full Article: http://www.blackonomics.com/content.ihtml?cmemstep=1&nid=5610&catid=:catid

Categories: 1356

Who Speaks for Black People? — April 2006

April 25, 2006 · Leave a Comment

By Prof. James Clingman Jr.

I posed this question to my Black Entrepreneurship class at the University of Cincinnati, and much to my chagrin, after a long period of silence, only one young lady had an answer. Even sadder is the fact that I did not posit the question in the context of entrepreneurship, rather, it was just a general question. While I am not surprised at their lack of response, in the larger context of Black leadership, that response spoke volumes – their silence was deafening. So I ask you. Who does speak for Black people? Who stands up for Black people?

Full Article: http://www.blackonomics.com/content.ihtml?cmemstep=1&nid=5610&catid=:catid

Categories: 1356

90% of Black-owned businesses are single proprietorships and home-based businesses!

April 25, 2006 · Leave a Comment

Many are surprised to see social assistance is one of the largest industries comprised of Black business owners…

Revenues for Black-Owned Firms Near $89 Billion, Number of Businesses Up 45 Percent

Revenues generated by the nation’s 1.2 million black-owned businesses rose 25 percent between 1997 and 2002 to $88.8 billion in 2002, while the number of such firms grew by 45 percent in the same five-year period. This is according to a new report, Survey of Business Owners: Black-Owned Firms: 2002 [PDF], released by the U.S. Census Bureau.

“These are encouraging results,” says Roger Madison, CEO of iZania,LLC. “However, these broad figures mask the reality that over 90% of Black-owned businesses are single proprietorships and home-based businesses.”

Entrepreneurship is recognized as a key element in the movement toward wealth creation within the Black community. Now Black Entrepreneurs must advance beyond the entry level and engage in collaborative activities to gain the critical size and capacity for growth. The iZania Virtual Black Community strives to provide the connections, and access to the resources within our community that can capitalize on our $700 billion in spending and investment power to help drive the growth of our enterprises.

JOIN iZania today to help us continue these growth trends.

What Business Category Are You In?

Categories: 1356