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The saddest part about this issue is the fact that we could see this one coming. Now that it has hit its mark, right between our eyes, maybe the pain will be severe enough not only to get our attention but also to hold our attention long enough for us to rally our forces and fight back. The Black Hair Care Industry (BHCI) has, once again, become a hot topic among folks other than Koreans. Now that an investigative documentary has been produced about the industry, obviously shocking Black people once again, maybe some of us will resolve to do something to reclaim at least a portion of that vertical market. After all, the last time I checked, no one is using Black hair care products except Black folks. The documentary discloses information, none of which was news to BHCI insiders, about the ownership of stores and distribution of hair products sought and bought by Black people. The main point of the report centered on the fact that Koreans own and control, and I do mean control, the overwhelming majority of the distribution and sale of Black hair care products, which includes shampoos, conditioners, oils and creams, and those fashionable hairpieces our sisters love to wear. =============================================================================
View all of Aron Ranen’s documentary on Black Hair Care Industry. If you would like to support his effort you can visit blackhairdvd.com and purchase the full Documentary DVD for $19.95. |
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The Black Hair Care Tragicomedy
August 2, 2006 · Leave a Comment
By James Clingman Jr.Categories: Admin
Emerging Minds News…
August 2, 2006 · Leave a Comment
Categories: Admin
Poor People are Losers
August 2, 2006 · Leave a Comment
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By Imani Mance
The bottom line for all of us growing up was that we didnt want to look or be poor, and as a child the only way to know if you were poor was through what your parents bought you. We can laugh now at how ridiculous we were to feel underprivileged because our parents didnt buy us the expensive clothes, school supplies and toys. We can laugh at our parents always asking us if we have some fill in the blank money for this or that. As adults we finally understand that it made no difference in the bigger scheme of things if we had the glossy Lisa Frank folders tucked away in a shiny new Trapperkeeper versus a plain purple folder in a plain three ring binder. Well, actually it did make one difference and that was to the pocketbooks of our parents. It seems that although none of our parents taught us to value the big brand names that somehow we did anyway. I am not sure if it was television or other school children that taught us this value. However, I do know that since I was about six years old I developed the erroneous notion that generic meant poor and name brand meant rich. Furthermore, somewhere between birth and six years old I also learned that I didnt want to be thought of as poor. Given that my parents had no idea that I valued this because I wouldnt dare throw a tantrum or beg for my mom or dad to buy the name brands, how could they have possibly taught me something different? I think the one thing that my parents and the parents of my friends could have done was explain early on what it meant to be financially responsible. I am not going to make a sweeping statement that most parents fail to educate their children about finances, but I will say that in my small microcosm of a world that I dont know of any Black people whose parents passed down significant financial knowledge to their children. I mean dont get me wrong, I knew the very basics, but I cant say that when I went off to college I had any strong financial knowledge or best practices on how to spend, save, invest and donate my money. I, like many other college students, fell into the credit card trap, didnt save any money that I earned from working and took out loans without the blink of an eye. Fortunately, my parents did teach me enough so that I did not set myself up for financial ruin although I was not on the path to financial success either. In addition, during my senior year God sent me a blessing in the form of a man that would help me change my financial life and perspective on money. It is to his credit that I am financially stable now and on the road to building lasting wealth. With that said if you are a parent or have younger siblings I want to encourage you to teach them how to be financially responsible as early as possible. Teach them to make a habit of saving a percentage of all the money that passes through their hands, giving a percentage of their money to charity, investing their money, and of course how to spend their money and get the best value from it. Of course you should live by example and practice these same habits, but also strive to learn more about building wealth yourself and begin to fill in the gaps that your parents may have left you. Source: EmergingMinds.org |
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This past weekend my mother came to visit and we spent a few nights staying up late with a couple of my friends laughing and joking about our childhood experiences. My friends and I are all in our mid twenties and grew up in three different parts of the country but all seemed to share similar experiences while growing up. Furthermore, when it came to material trappings we all seemed to share the same ideas about wealth, although I dont think it was something our parents taught us.Categories: Admin
AmoroCorp, Inc
August 2, 2006 · Leave a Comment
 Amoro Corporations founder Ephren W. Taylor II has an extensive background in startup firms from tech to real estate and leading companies to profitability. He has helped start and fund seven companies, raising millions in investment capital. Mr. Taylor is a dynamic public speaker, author, and business consultant who has worked closely with corporations such as CitiGroup, Sprint, Target, Wal-Mart, Air National Guard, and city municipalities. In 2002 his unique investment concepts earned him the distinguished Kansas Entrepreneur of the Year. Has brought the company to where it is today and has been the key negotiator for all of the companys acquisitions and economic development projects, as well as for taking AmoroCorp public in April 2006. And, at 23 years old, Ephren Taylor is also recognized as one of Americas top young entrepreneurs. He grasped the concept of entrepreneurship at a very young age, starting his first successful company at the age of 12, developing 3D video games. In 1999 he and a classmate started their own dotcom with $500 of savings, a job search engine for teenagers called the 4Teens Network. Then, in 2000, 16-year old Ephren won Microsofts Teen TechFest Challenge. With solid business training from the Kauffman Center for Entrepreneurial Leadership, Mr. Taylor raised over $250,000 in angel financing. This allowed the company the company to grow into the highly-successful GoFerretGo.com, a multi-million dollar business. Mr. Taylor eventually sold GoFerretGo.com, paving the way for establishing Amoro Developments, a holding company with assets in real estate.
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