Is this malaise just present among Blacks? Percentage wise does the white majority have more independent entrepreneurs and businesses that thrive through networking and cooperative patronage? Or is the average white person like the average black person, just a wage earner working for a company where they hope to earn promotions and salary raises and retire with a good pension? It does take a lot of energy and drive and vision and money to start your own enterprise in capitalistic America, which is apparently why so many small businesses fail. In this uncertain world, people opt for security; risk takers are in the minority and you only hear the inspirational exceptions to the rule who succeed.The many that go under don't get any publlcity.
Do you guys ever watch "Shark Tank on ABC, a reality show where wanna-bes try to get the panel of 5 millionaire moguls to invest in their projects. Mark Cuban, owner of the Dallas Mavericks and Damond John, the black founder of FuBu(a real rags to riches success story) are among the panel. This program showcases how hard it is to excite investors about your product and half the contestants go away without making a satisfactory deal while others opt to take a chance and settle for what they hope will work in their favor. "Sharks" is a good name for the panel members because they mercilessly attack those whose ideas they think are not feasible, leaving them to make their exit with their tails between their legs.
The black race needs a do-over; it needs to refine its hustle. So many times when they are given a chance at doing business they are not prepared and can't deliver. Time and time again black contractors are awarded jobs by the city of Chicago, and they always end up embezzling funds and doing the half ass jobs that gets them replaced. Chicagoans will be going to the polls to vote for mayor next week, and one of the candidates is a self-made black business man, a millionaire who owns 4 McDonald franchises and a medical equipment supply company. But he's very inarticulate, mumbles Ebonics, and has no political finesse. In a debate with the other candidates, he kept referring to them as "whitey's". His campaign gives no specifics as to how he will delivers on all he promises. and he promises everything. Of course, he's no worse than his slippery shady opponents but he continues to embarass himself, explaining why one of his sons has disowned him by saying he didn't think the boy was his anyway because his momma wasn't no good and that was why he put her out. I luv it.
Somebody has to make up the bulk of consumers and this seems to be the niche of Blacks folks buying what they want, instead of what they need.