http://www.inc.com/articles/201103/m...s-success.html
What advice do you have for minorites who have a passion for something and want to start their own business?
We have got to, first of all, start owning our own businesses. It's what makes Harlem go or Chicago go or any community go. It's not enough to be passionate about it—the No. 1 thing you have to do is research to make sure there is a business there. No. 2, make sure there is demand for what you are going to have your business in. I was able to build my company because demand was already there. You also have to understand the competition and what they are doing. Make sure that you don't have a 'good' staff or a 'good' management team, but a GREAT one. I would encourage all minorities to start their own business. Especially because we have so many talented young people out here today. It's really crucial for the growth of our communities. And when we own our own business then that dollar touches a lot of hands in our community because that money stays in Harlem, for example, instead of somebody owning a business and taking it out of Harlem. That's why it's importantto keep it in your neighborhood because you can give people jobs in your commuity. It also sends a great message to young people that they can dream to one day own their own businesses in their community as well.
Read full article: http://www.inc.com/articles/201103/m...s-success.html
What advice do you have for minorites who have a passion for something and want to start their own business?
We have got to, first of all, start owning our own businesses. It's what makes Harlem go or Chicago go or any community go. It's not enough to be passionate about it—the No. 1 thing you have to do is research to make sure there is a business there. No. 2, make sure there is demand for what you are going to have your business in. I was able to build my company because demand was already there. You also have to understand the competition and what they are doing. Make sure that you don't have a 'good' staff or a 'good' management team, but a GREAT one. I would encourage all minorities to start their own business. Especially because we have so many talented young people out here today. It's really crucial for the growth of our communities. And when we own our own business then that dollar touches a lot of hands in our community because that money stays in Harlem, for example, instead of somebody owning a business and taking it out of Harlem. That's why it's importantto keep it in your neighborhood because you can give people jobs in your commuity. It also sends a great message to young people that they can dream to one day own their own businesses in their community as well.
Read full article: http://www.inc.com/articles/201103/m...s-success.html
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