Dear Black America,
It is time to focus on building our wealth. Rioting doesn’t scare America. Marching doesn’t scare America. If it did, things would have changed years ago. What does scare America? Black collective wealth does. Money is the only thing the U.S.A. respects. It is the only language this country speaks. Learn from the Montgomery Bus Boycotts. Heck, learn from other racial communities. Buy Black and keep wealth in our communities.
“Nobody can give you freedom. Nobody can give you equality or justice or anything. If you’re a man, you take it.” Malcolm X
Why do I focus on Black wealth? The reality is that we still live in a segregated society, whether we want to believe it or not (see here, here and here). I asked myself, since this is the reality, why should Black communities resemble war zones when we can make them proud neighborhoods? Why should Black schools fail when we could fund them ourselves? Why should we have to deal with racism and discrimination when we look for a job when we can do like nonBlacks do and hire ourselves? Why do we have to beg racists and be hat in hand for opportunities when we can create our own? Why do we have to wait on a political party to win or on a savior when we can save ourselves? Why can’t we be independent? I am tired of asking for a seat at the table when we are capable of building our own, and I am tired of begging for crumbs when we can make and eat our own damn pie.
- Black wealth circulates 0 to 1 times in the Black American population
- Black buying power is expected to be over $1.1 trillion by 2015
- Black consumers spend the most during Christmas.
- “From 2002 to 2007, the number of black-owned businesses increased by 60.5 percent to 1.9 million, more than triple the national rate of 18.0 percent, according to the U.S. Census Bureau’s Survey of Business Owners. Over the same period, receipts generated by black-owned businesses increased 55.1 percent to $137.5 billion.” U.S. Census
When we say buy Black, nonBlacks call us racist. But those same nonBlacks have no problem with these statistics:
- A dollar circulates in the
- Asian community 20 days
- Black community for 6 hours
- Jewish community 20 days
- White community 17 days
- “Only 2 cents of every dollar an African-American spends in this country goes to black owned businesses.”
Source: Know Your Worth: If We Don’t Know, We Can’t Grow Our Community, NAACP, 2012
“Many white Americans of good will have never connected bigotry with economic exploitation. They have deplored prejudice but tolerated or ignored economic injustice.” Martin Luther King Jr.
I have a question for those who have a problem with keeping Black wealth in the Black community. When was the last time you purchased something from a Black business? Black folks buy from nonBlacks all the time. So who are the real racists?
If a nonblack person has a problem with you doing what they do all the time, they do not want to see Black people succeed. They are not your friend. They want to you to stay dependent, economically stagnant and be powerless.
This is a call to action. I don’t care who you marry or who you love, Black or nonblack. I don’t care if you are a conservative or liberal. I don’t care if you are rich or poor. You are Black. Therefore, you are just as invested in Black success as anyone else.
Stop begging for acceptance and accept yourself. Stop begging for equality from someone who is financially and socially invested in Black powerlessness and subjugation. Empower yourselves. It is time we focus on Black wealth. BUY BLACK! Buy from Black owned businesses. Black owners hire Black workers. Build Black wealth. Black wealth leads to Black jobs. Black jobs lead to our tax dollars funding Black schools. Better Black schools lead to greater wealth, opportunity, and less crime. Black wealth means economic and political power. That is our collective goal and pathway to success.
A true revolution always begins between two ears. Start yours today. Be a revolutionary.
Let’s talk about it at the forum exclusively for Black women. Join the conversation here.
If you like this post show me some love. Subscribe, share this post and or donate to this blog. If you want in-depth solutions on how to change your destiny for the price of less than a cup of coffee ($2.99) check out my e-book, Change Your Mind, Change Your Destiny. It is the lifestyle blueprint for the strategic Black woman who wants to win and master her life.
Since you made it this far in the post, as my gift to you, I want you to download my free Change Your Mind, Change Your Life Goals and Action Plan Worksheets. The worksheets will help you create your goals and stick to them. Thank you for reading.