This past weekend I took my girlfriend to the mall so she could pick out some sophisticated stilettos for the upcoming fall season. I could not help but notice a young black male being escorted out of the store in handcuffs and overheard the police officer saying to the young brother “for socks and a hat?” It’s a shame that someone feels like they have to steal to get what they want, but it’s even worse to know that they could have gotten what they wanted without stealing, if only they had a millionaire’s mentality.
When it comes to net worth or cash in the bank, I am far from a millionaire. Some people have asked me why I think I can teach people how to become wealthy when I don’t have a million dollars? My response to that fair question is that people spend thousands of dollars on colleges and universities to be taught economics, finance and entrepreneurship, but how many of those professors you think are listed on the Forbes Richest list? None! Since that’s the case why not learn from someone who has done what you are actually trying to do?
The typical net worth of today’s average Black American family is only $6,000. I had a net worth of $10,000 six months after I graduated college. And since 65% percent of Americans live paycheck to paycheck and I have not worked for anyone in almost four years, I feel I am qualified to speak on the subject of wealth. The knowledge and research displayed on The Black Economy may not make you a millionaire. You may only want to make an extra $500 to $1,000 per month, I don’t know? But I do know that you will become financially intelligent, learn how to become an entrepreneur, graduate from an entrepreneur to an investor and be able to understand what’s going on in capitalist America. You will also learn how to finally take advantage of credit cards, build good personal and business credit, make money, reduce debt, accumulate wealth, and so much more! Continue reading →
