Mental Dialogue / Uncategorized

How To Scale A Black Business?

 This week’s special guests are startup strategist, LANEE JAVET, founder of Mogul in Training Membership and digital marketing and training consultant, SOCIALLY NINA, founder of Candied Bacon Agency as we discuss how not only to stay in business; but rather how to SCALE YOUR BUSINESS now and for the future. AFRICAN-AMERICANS are 50% more likely to start a business than WHITES, but BLACK-OWNED BUSINESS unfortunately fail at greater rates, according to a study by the Ewing Marion Kauffman Foundation. For all new businesses only 20% on average (1.7M) will make it past four years, and of those less than 1% scale to 100 or more employees (3200) and only 32 of those will be BLACK OWNED.  Clearly scalability is a problem for all businesses, but what steps can we take to ensure our BLACK-OWNED BUSINESS survives our lifetime to leave a legacy for the next generation.  MENTAL DIALOGUE asking the questions America’s afraid to ask. ALL I ASK IS THAT YOU THINK 

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