Management

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Youth Use Entrepreneurship as a Pathway to Success

Running a successful business is not an easy feat no matter what your age. Yet there are teenagers, like Kalief Rollins, the winner of the 2009 National Youth Entrepreneurship Challenge, who were able to benefit from business start-up education and learn not only the value of a dollar, but how to claim the value of his life.

Yeah, I Got It On Layaway. What About It?

The buy-now, pay-later mentality of credit cards has been a major factor in reckless and irresponsible consumer behavior. Replacing layaway plans with easy access to high-interest credit has had devastating consequences for lower- and middle-income families, and black people in particular. The public embarrassment of buying goods on layaway (an admission that you were too poor to just buy what you wanted outright), has been replaced with the private shame of crushing credit card debt.

MED Week Attendees Connect With Bonding, Lending Sources

As most small business owners who attended the Minority Business Development Agency’s MED Week knows, in the end, it’s all about the money—access to contracting dollars and the capital required to perform. To conclude last week’s conference, entrepreneurs were given one-on-one and group opportunities to learn about government, traditional and alternative sources of financing.

Preparing for the Future

Herb White, a certified financial planner and founder of Life Certain Wealth Strategies in Denver, helped Jason and Carol Wooden develop a financial plan.

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