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March 2008
www.TheBlackEconomy.com
About us
staff@theblackeconomy.com




The Magic of Investing
How would you like to have an additional $176,496 sitting in the bank? Now before you say, "I do!", I want you to understand that this method does not require you to have an extra job or join some network marketing company.





Money Can't Buy You Love We live in a society where two of the world's hottest commodities are money and love, What price are you willing to pay?





American Black Capitalist: The Story of Reginald F. Lewis
In 1992, Forbes magazine listed Reginald Lewis among the 400 richest Americans with a net worth estimated at $400 million, He was also the first Black American to build a billion dollar company.





Economic Fear: The Fed's Financial Rescue of Wall Street
As the American Economy struggles to stay afloat, the Fed has shown it is willing to save the economy by any means necessary!

 

 

 
   
 
   
   
   
 


10 Things People Told Me Before I Became an Entrepreneur? 

1. They told me, “you should go back to school because the economy is bad right now!”

2. They told me, “you better not quit that good job you might not find another one.”

3. They told me, “don’t you realize most businesses fail within the first five years?”

4. They told me, “you should wait until you have enough money saved up and rebuild your credit.”

5. They told me, “you should open up a storefront because no one is going to buy stuff from the trunk of your car.”

6. They told me, “you should work for a business first, learn how they do it and then open up your own store.”

7. They told me, “you need to write a business plan first and then apply for a government loan/grant”

8. They told me, “you should keep your job and just run your businesses on the weekends.”

9. They told me, “if I were you, I would not quit my job because your business may not workout.”

10. They told me, “you should find a mentor and some investors, you are going to need at least $100,000 to start your business.”

I’m glad I never listened! Most of the people who told me these things were not entrepreneurs, but rather employees who somehow seemed to know everything about being an entrepreneur.

Truthfully, you will likely never have the perfect conditions to start your business, so you must stop wasting time and just go out and do it! I know you may feel that if you could just read one more book or attend one more real estate seminar you will be ready.

More than likely, you’ve already read enough books and know everything there is to know about creating wealth in your life. So please do yourself a favor and stop looking in the bookstore, the Internet, and self-help/business sections. There is one place that you somehow refuse to look – that place is inside yourself!

My first business was a success and everything I have invested in seemed to make a profit, and I say this not to brag, but to inspire. You see, I know I will encounter business failure at some point, but when I get to that point I will learn from it, become financially stronger and just go out and start another business. Is that so bad?

I always feel like I am in good financial shape because I put my mind through daily financial workouts and I have developed what I call “entrepreneur endurance,” and I understand that many of my business ideas may not workout or may fail, but I will never fail because I will keep thinking, creating, investing, selling and profiting from something! 
  

  
Create Wealth, Enjoy Life!
James "Bird" Guess
President & Founder
TheBlackEconomy.com 
staff@theblackeconomy.com


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