Black Entrepreneur Blueprint: 60 - jay Jones - 22 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

🗓️ 7 September 2015

⏱️ 37 minutes

🔗️ Recording | iTunes | RSS

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Summary

22 Reasons Why Black Businesses Fail". Join us as Jay reviews a report written by Dr. Brooks B. Robinson titled "22 Reasons Why Black Businesses Fail". Dr. Robinson has identified 11 structural, 6 cultural, and 5 psychological reasons our business tend to fail. Learn how to identify and overcome these 22 reasons. This is a must listen for all Black entrepreneurs.

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.
0:59.3	Thank you. Black Entrepreneur Blueprint. Welcome to the Black Entrepreneur Blueprint, episode number 60.
1:04.0	I'm your host Jay Jones, and today we have another in-depth show for you.
1:08.9	Actually, today I was in the process of traveling for vacation, but I came across an article
1:15.6	last night on the internet by an organization called black economics.org.
1:22.4	And I just felt that I needed to speak on this topic and just give my insight because it's a great
1:31.0	topic and the topic is 22 reasons why black businesses fail and it's a report brief dated
1:37.9	August 1st 2014 by Dr. Brooks B. Robinson and the website is black economics.org. And it's funny because I did a show
1:49.8	not too long ago, or actually I did a blog post not too long ago about eight reasons black
1:58.0	businesses fail. Now, the title of this is 22 reasons why black businesses fail.
2:03.9	And I just wanted to go over this and give you a little insight.
2:07.4	He has some great information here.
2:10.0	And I just wanted to share that with you.
2:11.6	First of all, in the report, he talks about the average grocery seats for black businesses were only about $71,000
2:19.8	versus the gross receipts for an average American business is $1.1 million.
2:26.8	So he's giving you some introduction and some facts.
	...

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