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Business is not limited to the boardroom. Social media helped reinforce this. Coupled with adaptability and a forward-thinking approach, this mobility is altering (in real time) the way we engage others. The objective may be the same, but the rules are different as a new breed of professionals emerges to dominate the business landscape.
Last summer, 16-year-old Calvin O’Neal worked for the New York City Summer Youth Employment program at a public relations firm that paid him by way of a debit card. Many simply spent their earnings, but not Calvin. His parents, Eric and Theresa O’Neal, have been teaching him and his 13-year-old brother, Christian, about money management for years. “Twenty percent of every paycheck went into the bank,†says proud father, Eric. “He was saving for a laptop,†Theresa adds, “so sometimes he would even walk home to save on carfare.â€
If You were to accuse Tony Gittens and his wife, Jennifer Lawson, of being obsessive when it comes to saving and investing, you would probably be right. The couple illustrates that you don’t have to be “rich†to assure yourself of a prosperous retirement.
I believe it is fitting to pause to celebrate milestones during the course of a great undertaking. I can think of no better moment than the 40th anniversary of black enterprise to reflect and to appreciate the challenges met and triumphs achieved in the unwavering pursuit of our admittedly ambitious mission: to educate and empower African Americans to become full participants in wealth creation within the global economy. Over the past four years that I have been CEO, I have built on my father’s original vision, making it relevant for future generations.
As a business coach and someone who built a multi-million dollar company in my 20s, I suggest that all of us can also pursue a practical approach as well. Instead of helping a teen find a job -- how about helping them to create one?
