Black Entrepreneur Blueprint: 83 - Jay Jones - The Importance Of Controlling A Vertical

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

🗓️ 15 February 2016

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

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Summary

"The Importance Of Controlling A Vertical"

Selling products or services is all fine and dandy, but to control your own vertical puts you at another level of the game. Learn why controlling your own vertical will help you build a stronger company and also give you cost control, more control, and competitive advantages. A must listen for serious entrepreneurs.

Transcript

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0:00.0	Hello and welcome to the Black Entrepreneur Blueprint Show.
0:21.5	I am your host, Jay Jones.
0:24.5	Black Entrepreneur Blueprint was created specifically to educate and inspire black entrepreneurs to launch, build, and grow successful businesses.
0:35.7	Join us as we help build an economic power base in the black community by promoting
0:40.8	business ownership.
0:42.8	If you are currently an entrepreneur or want to be an entrepreneur, we invite you to join
0:48.7	us every week here at Black Entrepreneur Blueprint.
0:59.6	Thank you. at Black Entrepreneur Blueprint. Welcome to the Black Entrepreneur Blueprint, Episode number 83.
1:05.0	I'm your host Jay Jones, and today we have another great show installed for you.
1:09.9	Actually, this show was supposed to be episode 84,
1:12.8	but our special guest that I was scheduled to interview this week had to reschedule.
1:18.7	So I'm actually moving show 84 up to 83,
1:21.5	and then we'll just flip-flop.
1:24.1	So we're going to have a nice, very guest on next week but today's topic is called
1:30.8	the importance of controlling a vertical once again the importance of controlling a vertical
1:37.2	and a vertical is basically your supply chain when you manufacture or produce products and one of the things that's so important for us guys is
1:47.6	once again we spend our money even as businesses with other ethnicities and we don't put it back
1:56.8	into other black businesses for the supplies that we need to make our products.
2:02.1	Just to give you an example, I always use the Chinese restaurant who I'm sure buys their
2:08.8	chopsticks from a Chinese manufacturer.
2:11.5	They probably buy their rice from a Chinese manufacturer.
2:15.5	They probably buy their boxes from a Chinese manufacturer, and it's keeping the money
	...

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