Entrepreneur

A Brief Guide to Letting Black Entrepreneurs Be Entrepreneurs

If you want to make the business world more inclusive and equitable, stop seeing Black founders as a cause worth supporting and start viewing them as the innovators and difference-makers they already are.
Source: Courtesy of Mary Spio
Courtesy of Mary Spio

In today’s global economy, racism is not only ignorant, it’s costly. Just ask Facebook, which has lost billions in advertising revenue amid calls to eliminate hateful rhetoric from its platform.

Hopefully, this will ring the alarm bell for others who are snoozing under the blanket of “business as usual." People are not just going to go away quietly this time. If they've been willing to risk their lives during a pandemic to protest for equal rights, the uprising will continue. It’s time for a real shift, and that includes a genuine effort to nurture and elevate Black founders to a position where they can access the capital needed to introduce new and profitable ideas to the marketplace.

The sticking point is that too many companies and investors view supporting Black entrepreneurs as a matter of social impact

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