Black Entrepreneur Blueprint: 45 - Jay Jones - Black Economics Equals Black Power - 4 Steps To Building A New Black Wall Street

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

🗓️ 25 May 2015

⏱️ 46 minutes

🔗️ Recording | iTunes | RSS

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Summary

"Black Economics Equals Black Power - 4 Steps To Building A New Black Wall Street". Black Wall Street was a thriving Black community in the early 1900's that produced Black wealth and independence at an untold pace. Tune in as Jay Jones gives you the four steps to create "A New Black Wall Street" and why this economy coupled with today's technology dictates that it is so important that we do it now. If you ever wanted to know how to create Black Power through economics, this is the episode for you.

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.
0:42.8	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.
0:59.1	Thank you. Black Entrepreneur Blueprint. Welcome to the Black Entrepreneur Blueprint, episode number 45.
1:04.1	I'm your host Jay Jones, and today we have a hard-hitting show installed for you.
1:09.0	I'm actually going solo today, piggybacking off of last
1:13.0	week's episode with Dr. Claude Anderson, which I've gotten a tremendous response from Dr. Anderson's
1:20.7	episode with his poweronomics concept and his information that he disseminated to us about how we really haven't gotten anywhere
1:30.2	for over 150 years. Our black wealth is still only one half of one percent of the nation's
1:38.0	black wealth, just like it was 150 years ago. So today's topic is going to be about black economics equals black power.
1:48.1	And it's four steps to building a new black Wall Street. Let me repeat that. Black economics
1:54.7	equals black power. Four steps to building a new black Wall Street. And so today, guys, we have to stop thinking about,
2:03.5	like Dr. Claude Anderson said, consumerism. Consumerism, as he said, is a weakness. Now, right now,
2:12.3	in the year 2015, it's estimated that black America has $1.1 trillion dollars of buying power. Okay, that sounds like a whole lot of money and it is. The problem is that money is not aggregated, meaning we're not spending it and directing it to specific organizations, products, industries, or whatever you want. We're not aggregating it
2:38.5	and making it work for us. All we are doing is consuming other people's products. Okay. We're not
2:47.8	manufacturing. You know, we're in a lot of service businesses, which is fine.
2:53.1	But when you manufacture, you can control the whole concept.
2:57.1	And you can control the distribution.
	...

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