HomeOther NewsStunted Growth: Biggest Mistakes Black Business Owners Often Make

Stunted Growth: Biggest Mistakes Black Business Owners Often Make

Published on

Hook a Brotha Up!!! (how incredibly annoying)

9969439-closeup-of-a-businessman-with-a-tin-cup-begging-for-change-white-background-1These are the people that you usually only hear from only when they need something from you…they only call on people for favors in business but expect to be paid top dollar when they give help to someone else. We donโ€™t want to be ripped off or taken advantage of but a lot of the time, it is exactly what WE do and worse yet to our black contacts. We dare not ask our white contacts to “hook us up?”ย  We want special treatment again and again or we deliver half backed goods for a fully cooked price. Please know that while people will do you favors from time to time, it becomes annoying when you are CONSTANTLY calling them for favors. We donโ€™t often know when to be classy about the exchange either. Iโ€™ve had โ€œfriendsโ€ call me for concert tickets not just for themselves but for 3 other people too. Thatโ€™s tacky and nobody wants to be used. Moreover, if you keep calling in favors the person you are calling will eventually stop taking your calls. Then we often accuse them of โ€œgoing Hollywoodโ€ and โ€œforgetting about where THEY came fromโ€

Latest articles

10 Best Loans for Students

10 Best Loans for Students Loans for students are a necessary evil. Student debt is at an all-time high with this year's debt reaching 1.75 trillion. While, at the same time, the nation-wide average for unemployment has skyrocketed with 6.3 million experiencing joblessness. Thus, finding promising loans with affordable interest rates is more important than ever. Sofi Fixed APR: 2.49%-7.59% Variable APR: 1.74-7.24% Maximum Loan Amount: 100% cost of attendance With a shockingly low fixed rate of 2.49% -7.59%, Sofi is the number one lender at BlogWallet. [...]

Rappers Myron Rainey and Christian Sanders Shot Dead in Ohio (Video)

https://www.theindustry.biz/wp-content/uploads/2024/11/Screenshot_372.pngOver the weekend, a tragic shooting occurred in Shaker Heights, a wealthier neighborhood in...

Who is Kevin O’Leary?

Discover Kevin O'Leary, the renowned Shark Tank investor and business mogul. Learn about his entrepreneurial journey, success strategies, and impact on the business world.

Ex Radio Jock, Stephon Ferguson, Makes Living Imitating Dr. Martin Luther King around the World

KUDOS to a former radio jock for using his radio leverage to create an amazing opportunity for himself. Stephon Ferguson, 48, discovered his amazing ability to emulate one of the greatest leaders of our time Dr. Martin Luther King by chance in the late 90s. Ferguson was mixing a vinyl recording of Martin Luther King Jr.'s famous "I Have a Dream" speech on Motown records with a beat and he was overheard by a friend who came into the room asking if that was him.โ€ Ferguson told ABC News. [...]

How Skillshare Democratized Learning and Created a Global Community of Creators

Discover how Skillshare revolutionized online learning, empowering millions to explore their creativity and learn new skills in a vibrant global community of creators.

The Birth of Native Instruments: How They Changed the Landscape of Digital Music Production

Native Instruments revolutionized digital music production with innovative software and hardware. Discover how this tech pioneer transformed the industry landscape.

Chicago Budget Passes Amid Migrant Spending Chaos (Vidoe)

In a tumultuous session held at Chicago City Hall, the Chicago City Council narrowly...

Entrepreneur Mistakes: Unimportant Interruptions

Do not allow anyone to throw your day off. Nothing like  unimportant interruptions For some odd reason, many people think that black entrepreneurs do nothing but sit around and twiddle our thumbs and wait for money to come in. I guess this is why we get unimportant interruptions during the day? They are really under the impression that because we do what we love we're not working. And part of that is correct, we're not working. But we're always busy and we never sleep. [...]

10 Tips on How to Improve and Make More Money with Your Business

One of the greatest complaints and challenges in business is almost always money. We...

How to Manage Your Business Calendar Automatically with Tech

Discover smart ways to streamline Business Calendar Management using automation tools and tech solutions. Save time and boost productivity with these essential tips.

More like this

Big House Publishing (BHP) Inks International Sub-Publishing Deal with EU Music Publisher, Alter-K

New York, NY, July 22, 2013 --(PR.com)-- Big House Publishing (BHP) has signed...

Want to Succeed as a black entrepreneur? Get a Mentor and…

Mentors Key to Small business Owner Success You have a compelling business model ... ambition ... black entrepreneurial spirit. Add in a solid business plan and the necessary capital, and you may be well on your way toward launching a business. But before you take the leap into owning your own business, it's worthwhile to consider adding in another important element -- the guidance of a mentor. According to a recent survey conducted by The UPS Store, 88 percent of black entrepreneurs believe having a mentor has been invaluable. [...]

Russell Simmons’ All Def Digital to Create THE DEFINITIVE HISTORY OF HIP HOP

Russell Simmons' All Def Digital, the fastest growing platform in hip hop and urban youth culture ... and Emmy award-winning producers Stephen David Entertainment announced today a partnership with GroupM Entertainment, a global content investment and rights management company, to develop and produce THE DEFINITIVE HISTORY OF HIP HOP, a sweeping documentary series that tells the exhaustive story of hip hop, from its seminal, underground roots to its now most iconic, global artists. Stephen David will Executive Produce the series, along with GME's Richard Foster and Simmons himself. [...]

HiP Ranks in Top 10 Communications Firms in The 2013 Business Review Book of Lists / Opens 4th Office in Asia-Pacific

Castleton-on-Hudson, NY, June 27, 2013 --(PR.com)-- According to the Albany Business Review's...

How iZotope Became a Leading Innovator in Audio Technology and Plug-ins

Discover how iZotope revolutionized audio technology with innovative plugins for music production, mastering, and sound design. Explore their journey to industry leadership.

Therapist/Author Chris A. Matthews – Your Connection to Love for You, Your Spouse & Friends

Entrepreneur, Therapist, Author, Trainer, and Clinical Supervisor Chris A. Matthews is the founder, owner and clinical director of Relationship Counseling Group, LLC and Behavioral Health Intervention Center, LLC, which are two private therapeutic and mental health practices based out of Charlotte, North Carolina. Matthews is a licensed marriage and family therapist, (LMFT), licensed clinical addiction specialist, (LCAS), certified clinical supervisor (CCS) and approved supervisor for the American Association of Marriage and Family Therapy (AAMFT). [...]

Good Job Performance Management Techniques for Entrepreneurs

Mastering Job Performance Management Motivating your employees to put forth their best work, and maintain their enthusiasm, requires good job performance management. Itโ€™s more than simply overseeing your teamโ€™s workload. It requires developing strong camaraderie between employees and motivating your team to want to give their best. Some of the most thriving businesses in the world take seriously the role of managing job performance, by fostering an atmosphere of teamwork and motivation. [...]

Is It a Mistake to Call Your Business “Black-Owned?”

Many businesses have used the "Black-owned" label to solicit additional business in the past or as a way to add credibility to their brands. Unfortunately, this has often backfired. In large part, because we (black people) don't really care. As a matter of fact, it may actually HURT your business. Perhaps the only time a business should use  "Black-owned" is when they are in the press for their success (Slutty Vegan) or there is a program that can help fund or supplement the business' mission. [...]

hegwood1