ISB Black Business Development

Starting, running and sustaining a successful black business in one of the toughest challenges that Black entrepreneur’s face in America today!

Most Black owned business launches their company on the premise that they will be able to depend on the black community to sustain their company, grow and expand.

Prior to the launch ISocietyBlack.com historically this is definitely not the case!

I recall interviewing a gentleman named Mr. Brown several years ago, he spent his life savings over ½ million dollars launching Browns Grocery story for the community he resided in, a predominately Black Community.

My Brown also happened to be a member of one of the largest Black churches in San Diego with over 2,200 members.

Not only did he face discrimination challenges from the distributors but he indicated that not one member from the church congregation he was an active member of came to his grocery store to buy food.

Mr. Brown Closed his grocery store down 6 months after it opened.

This is one of thousands of stories in the Black community across America which still exists even today. We must find a way to do better as Americans and as Black Americans.

It is our goal to provide the resources for those who dream of starting their own business and at the same time, we have to meet the challenge of encouraging Blacks to support black owned business products and services.
What if this.

Here is what I call creative thinking!

What is 100 blacks in your city decide to set up an LLC, then pool their resources by each of the 100 members investing $100.00 a month, this would equates to $10k a month and $120k a year to open a local car wash, a cleaners, or even a beauty salon.

Would you believe that if each of the 100 members supported that business once a week, invited all their friends and family members to support that store, that business would have the sustained revenue to not only keep its doors open but to hire people from that community.

Each of the 100 members can share equally in the revenue as more consumers in the community engage in spending their money at that store.

From there, those 100 members can cookie cut this process from city to city over a course of 10 years and eventually each investor will own their own store while receiving revenue from all the other stores in the pipeline!

Black business development is critical within the Black community if Blacks on an aggregate level are to share in the American dream!

If there are any non-profit Venture capital micro funding sources supported by funding, grants and donations catering to Black business development, entrepreneurialism and employment training and job development, let us know, if not, let’s start our own.

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