Why Black Businesses Fail But Hispanics And Asians Do Not/Part 1

ARTICLE FROM community.essence.com (Full story click here)

I hope you readers read the above article about why African American businesses or do not do well compared to white, Asian, Hispanics and now East African owned businesses.

There is a reason for this folks. As a black owned business here in Seattle for more than twenty years, sorry to say my worst “enemies” have been black folks. No support from local promoters, no support from hip-hop/r&b artists, and no support from black owned businesses. BUT these same folks will in a hurry take their cash to the “majority” owned businesses.

“Music Inner City News Magazine” is in the TOP 500,000 IN THE WORLD in website traffic and getting better everyday. Keep in mind there are at least 20 to 30 million registered websites in the world. Plus we are in the top 100,000 in the U.S. These stats are from www.alexa.com (type in sportsinnercity.com in the search area)

And “Music Inner City TV” is getting PLENTY of traffic everyday. And we are the ONLY locally produced urban program on Comcast/Xfinity On Demand here in Washington state. But black folks here will give me EVERY EXCUSE under the sun NOT to advertise with us. Then if I say something about this issue I am “whining”. This is crazy!!

As one of the articles I saw this morning said on this topic said “It seems a lot of black people are racist towards each other MENTALLY, PHYSICALLY as well as FINANCIALLY”

And “When black folks work on the racism towards black owned businesses it is then we will see black businesses prosper”

Also readers, Hispanics-advertise, Chinese/Asians-advertise, East Africans-advertise BUT as a whole blacks do not. Want a example? Go pick up a black owned newspaper and then go pick a Asian or Hispanic owned newspaper OR watch a Asian or Hispanic owned TV show or network. Then watch my TV show “Music Inner City” here in Seattle or online right here. This will make my point.

Sorry to say but Koreans are making MILLIONS AND MILLIONS of dollars selling black hair products. I can park my car in front of a Korean supply store and will see black female after black female going inside to spend cash. EVERYDAY the Koreans here in Seattle and else where are laughing all the way to the bank!

I don’t care how they obtained loans to open up new businesses! We as black folks do not have a problem getting a new SUV or Caddie or Lexus but what about opening a new business like the Koreans and other Asians, the Hispanics and now the East Africans are doing?

President Obama and others talk to us about going our own businesses. BUT the problem is, when black folks open new businesses, black folks need to support them.  I will be back with Part 2 on this topic in a few days.    Gordon Curvey

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