Showing posts with label business. Show all posts
Showing posts with label business. Show all posts

Thursday, March 31, 2011

Slow Money by Woody Tasch


"Nurture Capitalism" - podcast here.
www.slowmoney.org

Tuesday, March 8, 2011

Mission statements - 3 words ONLY


Guy Kawasaki at Stanford's Entrepreneurship Center on March 2, 2011. Great bit on mission statements 21:30-23:30.

Monday, March 7, 2011

"what is fucking twitter?"


"What is fucking twitter? It's way more about answering and communicating than it is about talking... Jack, Jack, what social media and the internet is, is it's the first great listening tool. Newspaper, television, and all the other things, they've been great talking tools, but it's time to understand what the internet does, and it's countercultural, it's about the listening, not the talking. The listening buys you the equity to be able to talk."

From this interview with entrepreneur and speaker Gary Vaynerchuk on The Survival Podcast.

Monday, February 28, 2011

Marketing for sustainable ag


Great podcast responding to a listener call on marketing, including social marketing, from the Nature's Harmony Farm pair: Farmcast #27 - Eliot Coleman and The Accidental Farmers

Starting a Business


"How do you get money to do what you love? You don't. I lost a shitload of money when I started doing what I loved. What you do, is you position yourself to succeed. So for example, if you're doing something else and you want to do this thing you love, you do it after hours. You work 9 to 6, you get home, you kiss the dog, and you go to town. You start building your equity and your brand and everything you want to accomplish. I mean, everyone has time. Stop watching fucking Lost."

From this presentation by Gary Vaynerchuk.

Saturday, November 21, 2009

Black-owned businesses in America: another way to measure economic inequality


Income inequality between Blacks and Whites in America is bad, but in itself offers an incomplete picture of the real economic inequality between the two races.

Median per capita Black income, circa 2008, was $34,218.
Median per capita White (non-Hispanic) income was $55,530.

This means that Blacks, on average, made about 62% what whites made.

As dismal as this income disparity is, however, it is not representative of the extent of economic inequality.

When we look at economic inequality in terms of business ownership, a more disturbing picture emerges.

In 2002 (according to the U.S. Census' Survey of Business Owners):

White Americans, though only 69.1 percent of the population, owned 86.6 percent of business firms. Black Americans, despite making up 12.8 percent of the American population, owned 5.2 percent of firms. White-owned firms accounted for 36.6 percent of the total sales and receipts in the American market (excluding publicly held and other unclassifiable firms), while Black-owned firms accounted for only 0.4 percent of total sales and receipts.

This means that Whites are over-represented as business owners (per their proportion of the population) by 25%, while Blacks are under-represented by nearly 60%.

One of the most startling numbers in this analysis, however, is this: the total sales and receipts of White-owned firms are nearly 100 times that of Black-owned firms.

Considering that Blacks make up nearly 13 percent of the U.S. population and Whites make up about 70 percent, if all was fair the total sales and receipts of Black-owned firms would account for about 6.8 percent. In other words, Black businesses are making less than 6 percent of what they should be, in a just and fair world.

Finally, Whites are three and a half times more likely to own businesses with paid employees than Blacks; three and a half times more likely to be boss. And since Blacks make up a disproportionate number of employees (considering the relative lack of business ownership), we can guess that Whites are probably far, far more likely to boss around Black folks than the other way around.

This pattern is perpetuated outside of business ownership as well, where Blacks and Whites compete for positions of authority in businesses they don't own. According to the 2002 Census CPS, the percent of Blacks in the workforce who were working as administrators or in executive and managerial occupations in March of 2002 was 9.9 percent, compared to 17.2 percent of Whites. In 2003, Blacks made up 18.7 percent of social and community service workers but only 11 percent of social and community service managers. Similarly, while Blacks made up 13.9 percent of production, transportation, and material moving workers, they accounted for only 5.9 percent of transportation, storage, and distribution managers. The trend here is that Blacks make up a disproportionately low number of managers even within industries in which they are represented disproportionately higher than other races.