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“As minorities, we have the ability to improve our economic positions using ideas that may seem so small,” “My biggest lesson in life is that hope is not a plan. We have to put action with a plan and do the work. I did the work, and I hope that my transparency inspires others.”
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Blacks spend less money in black-owned businesses than other racial and ethnic groups spend in businesses owned by members of their groups, including Hispanics and Asians. A report by Nielsen and Essence estimates that black buying power will reach $1.3 trillion in the next few years, yet only a tiny fraction of that money is spent at black-owned businesses.
“If we want to create jobs in the black community, we have to support black businesses.”