Why don’t black people support black businesses ?
Great Question ‘Why don’t black people support black businesses?’
The simple fact of the matter is that many black people don’t support black businesses, however there is a large number of black people who DO support black businesses.
There are alot of reasons why this is. In fact there are countless reasons.
Everyone has their own particular reason or excuse why they do or do not support black businesses.
There are also historical reasons why or why not for both sides.
Either way it is something that needs to be addressed by the black community to ensure that we have continued financial growth instead of decline.
There is a video by Maggie Anderson who gives an excellent insight into some of the reasons ‘why don’t black people support black businesses’.
Believe it or not, one of the reasons is fear.
In her video Maggie Anderson explains that there was a time when black business owners had their businesses destroyed or were murdered because of their success. This led to many black people being fearful that the same would happen to them if they started a business or became successful in business.
Additionally black people have become somewhat fearful of each other.
This is easy to understand because of the way we have treated each other over the years.
Unfortunately some of us still treat each other badly in our day to day interactions. There is also an element of distrust within the black community.
Again this is because of the way we treat each other on a daily basis.
Something that is worth looking into is the fact that we as a people have been portrayed in a very negative way for hundreds of years, accept it or not that other races have had an active hand in this, and we are slowly realising that we are not all bad!
With the technological era that we are now in and the research facilities and resources that are now available, many of us are beginning to become aware of how great a race we always have been, are and will continue to be.
There are now hundreds if not thousands of pieces of documented evidence that prove how great a people we truly are.
We have and will continue to excel in almost every field this world has known. Whether it’s academics, medicine, sports, music, acting, literature, technology, inventions, the military, politics, engineering and business to name a few – collectively we always exceed expectations.
When we begin to look at the accomplishments we have made as a race, we should start to feel a sense of pride in ourselves.
This sense of racial pride will be what pulls us together to support each other in our (positive) endeavours.
As well as looking at why don’t black people support black businesses, this article aims to encourage black people to support and PROMOTE black business.
Here are a few reasons why we need to do this:
If we invest more financially in ourselves AND keep re-investing in our selves AND teach future generations to do the same, we will be better positioned financially to give ourselves:
better health care
better living standards
better quality of life
……. the list is endless.
If we look at the advancements that the other races are making we will easily see that supporting their own in terms of business is what gives them the foundation to compete on a global scale.
Just think of all of the major companies in the world.
They ALL started small, and with the support of their own race, they grew and are now worth billions. So we now invest in them / purchase from them (which is actually the same thing) without a second thought.
We can do this too.
But we must SUPPORT and PROMOTE each other in order to achieve this.
Is it possible in years to come the question will no longer be ‘why don’t black people support black businesses ?’
Instead it could be ‘why do black people only support black businesses ?’
Another interesting article which looks at this problem is by Lisa-Marie Pierre.