Follow the Money - How to take back the Black Hair Care Market

The more I think about it you should be pissed. At least I am from the prospective of business ownership, I am pissed. The black hair care industry is a 1.7 billion dollar industry that is controlled by Koreans.

The question is “How to do we carve a share of that market, identify the market and the customers and finally put a fence around the customers so they can’t or won’t buy from another vendor.

One strategy is to create a continuity income stream, create a mechansim where consumers of hair care products essentially get the same products over and over again. for want of a term, a subscription for hair care products.

That is one of many strategies to get our share of te black hair care market

The Time for Change is Now, Barack Obama for President

I’ve resisted commenting on this Democratic presidential political race between Barack Obama and Hillary Clinton. I resisted comment when Senator Clinton’s, prominent New Hampshire political backer Bill Shaheen commented that the Republicans would have a field day with Senator Obama’s admitted drug use.

I resisted comment when Bob Johnson tried to imply that Senator Obama was a drug user or worse. I resisted comment when President Clinton implied that Senatorial Obama candidacy was a fairytale.

But I’ve decided that I agree frankly with the message of Senator Obama. It is time for a change, it is time to end race the politics of inclusion. It is time to include African-Americans in every aspect of American life. I agree with SenatorObama.

But the responsibility to achieve inclusion is ours, we have to learn how to grow in a capitalist society. We have to learn how to capitalize on the power of economic freedom. We have to learn how to look beyond our geographic confines and participate in the world wide capitalist economy. It’s interesting that China, a communist society is a huge capitalist society why aren’t we.

So as we move through this political season, as we trying to decide who should be our president for the next four to eight years, we also need to think about how we can increase our knowledge about how we participate in this capitalist society, not just in the United States but around the world.

Dedicated to your success

Follow the Money - How to take back the Black Hair Care Market

I’ve decided to give this a shot because I want to generate thinking about how we can protect our business opportunities. These post are not anti-Korean, they are pro African American business, what I mean is that I respect the Kireans for seeing a marketin, defining the customer and effectively marketing to that customer, we should do the same.

The challenge is how do we build and maintain business in the same market. Over the next few post I have  suggestions both for consumers and business owners. In this post suggestions for consumers:

• Tell your stylist that you want products created by black manufacturer’s. This is important becasue black hair care manufacturer’s create jobs for other African Americans but thats not the only reason. Making stuff is the backbone of business, creating products, services etc creates a foundation for building. So demand hair care products frmo black hair care manufacturers. To help we will create a list of them here, lets support them.
• Be beautiful and support stylist that use our products.
• It’s your hair, products sold and made by blacks are just as good as other products and in some ways may be better

Here’s the reality, black women are a hug market if you support black stylist that use products made by black manufacturer’s even the Koreans will be forced to level the playing field. So demand products made by your own. Take no shorts

Dedicated to your success

Follow The Money (Black Hair Care)

I recently saw this video on YouTube, the gist of the video is that Koreans control the retail level of black hair in our communities. The video details how Koreans control 80% of beauty supplies in our community and now Koreans are slowly buying black air care manufactures.This video is a testament to why African Americans need to own business and create their own business but more importanly we need to understand the business of money.

Here is my opinion, until and unless we start to study business, understand how money works and as importantly create our own businesses, we will face the continued erosion of our economic base.

Start the process today

Dedicated to your success

BTW, Here is a haircare line that is owned by an African American. Check out

Announcing the BGN Ambassador Program - Learn & Earn with Every New Subscription

I am always looking to help black people earn more money. I explore every avenue to generate money and I am always looking to create an asset one time that spins off cash forever. So when I started creating BGN and subscriptions to additional content I want to grow and share the revenue. So I’ve created the Black Genius Network Ambassador program.

Here’s how it works.

When you subscribe to the Black genius Network, you are automatically eligible to join the ambassador program. You recommend the BGN subscriptions and you earn a 30% commission for the lifetime of the subscription. This is an example of creating money out of thin air.

If you recommend 100 subscriptions ay $19.97, you earn $199 per month, enough to pay for a cable or utility bill. Need to pay for a car, refer 200 people. Money out of thin air

Subscribe today and start creating money from thin air (Ephemeralization)

Dedicate to your success

And The Survey Says!!!!! - I need money to start a business.

This teleseminar is a perfect example of start a business backwards. What I have done is I have created a system to find out exactly what my potential clients want and I am tailoring this business to what you say you want.

Some people completed a one question survey. That one questions was “Why Don’t You Achieve Your Dream of Owning Your Own Business?”. There where 5 potential responses including “lack of business idea” and “Fear of losin money” but the question that had the biggest response to “Why Don’t You Achieve Your Dream of Owning Your Own Business?” was the most obvious answer.

The most selected reponse was “Lack of money”. This is exactly what I expected, for money people the main reason they don’t achieve their goals is because they believe that having money is how to start a business. Many people use “lack of money” for achieving almost any goal.

Well, the reality is having money to start a business DEPENDS on the type of business. I know of at least 10 businesses you can start with less than $100.00. So having money only depends on the type of business. On my teleseminar on January 22, 2008 at 8pm I will talk about how you can start a business with minimal money and guarantee success. Register today

Get Your Book On A Best Sellers List, with Tynisha Thompson from BookSavvyMedia.com

As part of our African American Women Entrepreneur series, I am please to have interviewed Tynisha Thompson of BookSavvyMedia.com. Tynisha is a great book promoter (a book she promoted is on the New York Times Best Seller List) and during our interview she revealed the secrets to becoming a book author and the struggles of entrepreneurship. Listen to this excerpt and remember you can subscribe to the Black Genius Network and get all of our interviews including the African American Women Entrepreneur Series. Subscribe Now

Dedicated to Your Success

P.S. Some of the things Tynisha talked about cost her a lot of money when she started her business including choosing the right business structure. If you are going to start your own business, check out our F.R.E.E Teleseminar, January 22, at 8pm. Register today at Start-A-Business-Backwards

Secrets to removing the fear of starting a new business

What are the risks and fears regarding starting a business. Well, most people start a business becasue they want to be in that business, they don’t start the business based on market conditions, or customers or marketing strategy. They often don’t start the business with a clear understanding of the competition and how the competition will effect their business. Most entrepreneurs start a business with these words “I’m going to go into the (enter your type ) business.

The Start A Business Backwards strategy is a more scientific approach, a more analytical approach. The start a business backwards strategy is to answer some or all of the questions and fears BEFORE investing in the business.

On Tuesday, January 22, 2008 I will reveal specifically how to remove the fear and risk from starting a new business. Signup Now and discover the secrets to Starting A Business Backwards.

So if you have every wanted to start a business and realize the benefits of owning your own business and where afraid to start join us on this F.R.E.E Teleseminar

If You Have Ever Thought About Start A Business - You need to be on this call

I have gotten many emails and comments about starting a business, questions but almost all of the questions surrounding finding money to start a business and while money is an important question it’s not the most important question. Most people believe that starting a business requires money but really starting a business requires a strategy becasue you DO NOT NEED MONEY to start every business.

Certainly, if you goal is to open a retail store you may need money to buy inventory but even that investment can be limited with a great strategy.

I am offering an opportunity for BGN readers to discover these strategies. If you are truly interested in starting a business then click here and register for our Start A Business Backwards Teleseminar. There is no charge and you will discover the secrets to starting a business of any type. Register Today

Start A Business Backwards

 

Start A Business Backwards

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  1/7/2008

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