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By Alecia Taylor The annual Closing Equity Gap Conference took over downtown Baltimore for four days, bringing together thousands of people to connect and diversify their businesses. The conference was...
At the time, Blaylock & Partners was No. 2 on Black Enterprise's BE 100s list of black investment banks. Two other BE 100 firms, M.R. Beal & Co. and Utendahl Capital, also were underwriters on the transaction.
Whenever I gain the opportunity to address a group of African Americans, I ask whether they routinely employ the services of a black doctor, dentist, attorney, accountant, insurance agent, auto dealer, florist, financial planner, caterer, or dry cleaner. Audience members, on average, use two of 10 such businesses. Even those with the highest scores generally top out at 50%. If you happen to achieve that same level, please don’t puff your chest out with pride—as I recall from my school days, 50 is a failing grade.
Many of us continue to be battered by hard times. Economists claim that the Great Recession is a memory. Well, tell that to the hundreds of individuals forced to pound the pavement trying to find a job—any job—or to the once middle-class families who now represent the “new poor†in today’s society. My question to them and to those facing similar circumstances: Do you see the glass as being half full or half empty?
For those still stuck on what to get mom, BE is to the rescue.
