Black Entrepreneur Blueprint: 32 - Jay Jones - The Top 8 Reasons Why Black Businesses Fail

BLACK ENTREPRENEUR BLUEPRINT

Jay Jones

Blackenterprise, Blackbusinesspodcast, Bestblackpodcast, Marketing, Entrepreneurship, Blackinterviews, Blackentrepreneur, Africanamericanentrepreneurs, Blackentrepreneurinterviews, Blackentrepreneurblueprint, Blackpodcastshows, Business, Blackbusiness, Jayjones, Africanamericanbusiness, Africanamericanbusinesspodcast, Denniskimbro

4.8 • 673 Ratings

🗓️ 23 February 2015

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

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Summary

Why do Black businesses fail at a higher rate than other businesses? Learn how to prevent your business from failing by understanding the five business models you must have in place to become, and stay successful. Jay Jones gives you actionable information and education to prevent your business from becoming a statistic. Join us and listen to Black Entrepreneur Blueprint, one of the best Black podcasts on air.

Transcript

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0:00.0	Hello and welcome to the Black Entrepreneur Blueprint Show.
0:21.4	I am your host, Jay Jones.
0:24.4	Black Entrepreneur Blueprint was created specifically to educate and inspire black entrepreneurs to launch, build, and grow successful businesses.
0:35.6	Join us as we help build an economic power base in the black community by promoting business
0:41.4	ownership.
0:42.7	If you are currently an entrepreneur or want to be an entrepreneur, we invite you to join
0:48.6	us every week here at Black Entrepreneur Blueprint.
0:59.4	Thank you. black entrepreneur blueprint. Welcome to the black entrepreneur blueprint, episode number 32.
1:04.5	I'm your host Jay Jones, and today we have another great show installed for you.
1:09.1	Today we're going to go solo solo and I want to talk about an
1:12.7	important topic that came to mind. I had a conversation with a gentleman, an acquaintance
1:20.5	of mine and we were talking about black entrepreneurship and he asked me why black businesses
1:27.1	fail. So today the topic is the top
1:30.2	eight reasons that black businesses fail okay now just to give you a heads up 80% of all
1:38.3	businesses fail within the first year so black businesses I think is as close to almost 85 to close to 87%. So the conversation I had was with a
1:49.5	gentleman, a Caucasian gentleman. We were just talking about economics, black economics, and
1:55.6	black business. And the conversation was so compelling that I decided to do a show on it.
2:02.2	But before we get on to the show, I do just want to put a shout out out there to my buddy T. Alfred from funky peopleonline.com.
2:12.7	He actually was interviewed on episode number 18, and he is giving a trip to Cuba. During our interview,
2:21.6	during episode 18, he talked about some of his ventures and he does trips. So he's having a
2:27.9	trip called the Soul of Cuba 2015 tour and it's May 24th through 30th, 2015.
2:36.1	So if you're interested in going to Cuba, the last time he went, he had mentioned to me that was a beautiful trip, very educational tour.
	...

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