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Why We Must Do Business With Each Other

Today, when I observe the actions and thinking of many black entrepreneurs, I am both alarmed and dismayed. Too many take way too much pride in their credentials, corporate training, and business school degrees; operating with a misplaced sense of entitlement. Sadly, these same entrepreneurs see no problem with being the only successful black person in the room.  In fact, they often take pride in it. Not only is doing business with and leveraging opportunities for other black entrepreneurs not a priority for these “special” would-be business leaders, it is actively dismissed and avoided. Now we wonder why, 25 years after the late Reginald F. Lewis established TLC Beatrice International as the first black-owned billion-dollar company, we have so few black-owned businesses of such size and scale today.

Credentials, education, and corporate pedigree have their place, but they simply are not enough for black entrepreneurs to compete and thrive in the global marketplace. Certainly, one should leverage their higher education credentials and corporate connections. However, please understand that black business cannot grow if we insist on isolating ourselves from other black entrepreneurs. It’s not enough for today’s black entrepreneurs to talk business. We must do business with each other.

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  • E.Antoneth

    1.Mr. Graves, Good morning- Coming to you from Florida. I was introduced to Black Enterprise by My Boss whose friend was the First ?Manager? of BEM. I would like to James Tyler if he has his addresa.
    2. I am now a published Author and I have a book published by iUniverse
    since JANUARY and I have been doing personal ads, but no sales. How can a book with so much to ofer, High School,College students, unemployed pro-fessionals not be a best seller. The Book Makers have high regards for it. But they want $1200 to advertise it. I am black, a retired educator

  • E.Antoneth

    My request was incomplete. I wish to ask your help in getting sales and advertising my book, “YOU CAN BE THE CREAM THAT RISES IN A DOWN-TRENDING ECONOMY.” It’s listed with Barnes & Noble, Google Books, Amazon and the
    E-Books are also available.
    3. Mr Graves,I have asked for much help and information, but it is all I need. This may not be the right place to write to you, but I hope it arrives safely. Thanks. Your reply will be greatly appreciated.
    Antoneth
    P.S. Please forward to Mr. Graves, CEO, Publisher BEM. Thank you.