Black Wealth - Is There A Such Thing?
Many Black people talk about building black wealth, why should we do this? What is so important about wealth any way?
The description of wealth is:
Noun
1. A great quantity or store of money, valuable possessions, property, or other riches: the wealth of a city.
2. An abundance or profusion of anything; plentiful amount: a wealth of imagery.
3. Economics.
a. All things that have a monetary or exchange value.
b. Anything that has utility and is capable of being appropriated or exchanged.
4. Rich or valuable contents or produce: the wealth of the soil.
5. The state of being rich; prosperity; affluence: persons of wealth and standing.
1. A great quantity or store of money, valuable possessions, property, or other riches: the wealth of a city.
2. An abundance or profusion of anything; plentiful amount: a wealth of imagery.
3. Economics.
a. All things that have a monetary or exchange value.
b. Anything that has utility and is capable of being appropriated or exchanged.
4. Rich or valuable contents or produce: the wealth of the soil.
5. The state of being rich; prosperity; affluence: persons of wealth and standing.
-Synonyms:
2. richness, amplitude, fullness.
3a. possessions, assets, goods, property, money.
2. richness, amplitude, fullness.
3a. possessions, assets, goods, property, money.
5. opulence, fortune.
-Antonyms: 5. poverty.
As you can see by the description this is what the black community should strive for. Wealth help build a strong community, people feel good about themselves and the communities in which they live.
Through out history in this country there have been many Black wealthy people many famous and many not so famous. How is this accomplished? Through hard work and dedication. This is why it is important to do everything possible to be the best that you can be on all levels.
I think the best way is to become a business person, who build businesses and provide jobs to the community and second become a sponsor of various functions example; adopting a park or sponsoring community clean ups and also recreational events etc. These kinds of things can build a great reputation for the businesses and businessperson. It is not about ego but someone has to step up to make it happen.
For many years now, many black communities have been in a state of disarray. It is the people within these communities that can make the necessary changes to turn things around.
By incorporating many of the suggestions above if someone would just start then it will catch on. It is going to take time and effort but the rewards are well worth it, for all involved.
C.W. Hurd is an advocate for African Americans to take advantage of opportunities that come across their path to better their lives. http://www.blackprosperity.net Get a free E report 50 businesses http://blackprosperity.net/50businesses.pdf that you can start for less money than you think and Black Networking: the key to circulating dollars back into the community.
http://blackprosperity.net/BlackNetworking.pdf
http://blackprosperity.net/BlackNetworking.pdf
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