African Americans Have to Compete on A Global Scale

AS the world gets more connected the challenge to step up and compete grows stronger. We need to understand that their is a globe of people that are hungry for opportunity in every aspect of life. This video is an example of that hunger in the sports world. My thanks to Rae Dawn Chong for the post on Facebook.

Réinvente ton jeu

Are We Seeing the Shadow of Racism Walk Out the Door - Black Genius Network

Ok, I lied, my last post I said I would talk more about business but like many I am immersed in this presidential campaign and the dichotomy of the race for president of the United States. You see, I understand, I am 55 years old and I remember with specificity the struggle of the last 50 years. I remember today, exactly where I was when marint Luther King was killed (on the corner of Osceola and Tulpehocken in Germantown). I remember the anger I felt, I remember the tears I shed and the feeling of hope going away. During that time, I turned into a radical black man, a disciple of Malcolm X. I remember with distinction in 1967, when black students marched on the Philadelphia Board of Education and the attack by Philadelphia police. (I bear a scar on my head becasue of it).

I also remember the tumultuous assassinations during those times. I remember it all and against that anger and struggle, I’ve lived a successful life. American has changed.

So today, I am proud, proud as a black man that finally the issue of race in American at least as been addressed. Everything that Senator Obama said about being black is true. Like Pastor Wright, I am sometime angry with American. I am 55 years old and remember with vividness the racial struggles of the last 50 years.

I also understand that today’s American is NOT yesterdays America. That there is a way to move forward and that people do change. I have been very successful in my life because things and people have changed.

So, I was proud of Senator Obama, proud of his speech, proud of his changing the image of black men and proud of his proud of his presidential demeanor.

This speech was the “I have a Dream” speech of this era and Senator Obama deserves to be our president.

In closing, Senator Obama’s and campaign demonstrates that maybe, just maybe we are seeing the shadow of racism walk out the door.

An Epic Struggle - The Fight to be President of the United States…..

I don’t know about you but win, lose or draw, the fight to become president waged by Barack Obama is an epic. What it is demonstrating to me is what it takes to create greatness in your life and what you have to do to achieve greatness. I have followed and supported Barack’s campaign from the beginning and watched him move past almost every obstacle. When evil forces insinuated that he was a Muslim spy (ok hyperbole), he walked calmly through and fought the rumors. When they tried to link him to Saddam, he fought thru that. When Mrs Clinton and others insinuated that he is to inexperienced to be president he is walking through that. It’s amazing to see this fan fight thru all of these obstacles to get what he wants.

Well, what this is doing for me is demonstrating what it takes to achieve greatness. This man is grinding, taking every arrow, raising money, fielding an organization in every state, speaking daily, trying to deal with the media, the republicans, the conservatives, the women, the skeptical black people, my good.

So here is my point, my hat’s off to Barack Obama, my hats off for having the heart for President, for setting the bar high for brothers, for being a good dad and husband and an inspiration to me.

In my life I’m striving to achieve greatness and the arrows and obstacles are coming, I need to do like Barack “keep on pushing” towards my goal.

Dedicated to your success

What are assets?

Another confusing financial term, assets. Actually assets are the building blocks of wealth. Remember, we decided to define wealth as the length of time we can maintain our lifestyle without generating income. (btw, this is not my definition, this definition came from a very famous thinker and entrepreneur Buckminster Fuller. According to Buckminster Fuller, regaining time defines wealth. I agree because you can’t buy time).

So, how do you maintain your lifestyle without having to generate income. How do you buy back your time. Well one way is to create and invest in assets that produce cash. The idea is to work once to buy or create an asset and then use the cashflow to buy your time back, effectively creating wealth.

Think bout this idea. You buy or create an asset once, and it provides you income forever. Thats how you create wealth.

Next post - How to buy assets

The Sub Prime Mortgage Mess and Black Wealth (Hoodwinked and Bamboozled)

Here we go again. Our lack of financial savvy and education is costing us billions, yes billions of dollars. Here is a quote I just read from the News Observer website

“As we spend this month celebrating the achievements of African-Americans, I’m saddened by a report that concludes that the subprime mortgage crisis has caused the largest loss of wealth in modern U.S. history for black and Latino homeowners. The erosion of wealth is staggering. Subprime borrowers of color will lose $164 billion to $213 billion because of loans taken during the past eight years”

Now I normally never use profanity but the question that needs to be asked is What the hell happened? How did we end up in this mess again. Here is another quote from the same article; “Before any of you fix your lips to place all the blame on the homeowners, consider one thing. Just remember that this loss of wealth came largely as a result of lenders and others in the mortgage industry who took advantage of people trying to achieve the American dream of homeownership.”

Again, we are taken advantage of, again in this case lenders hoodwinked us out of one of the best ways to build wealth in America. I ask again, What the hell happened?

Well if you think critically what happened again was since we don’t understand wealth we where hoodwinked, thats what happened.

So the question is How can we fix this damned problem? How can we ensure that we aren’t cheated again, taken advantage of again. How can we fix it.

We fix it with a very unpopular word. Education, specifically Financial Education and an understanding of wealth and wealth building. I am committed to learning more about building wealth and teaching what I learn. Join me.

BTW
Just to make sure everyone understands, we aren’t the only folks hoodwinked and bamboozled. There are alot of people caught in this mess. It’s just that in this country of entrepreneurship and wealth accumulation, we don’t teach anything about money, wealth or entrepreneurship in school, so most Americans are financially literate.

BTW
Thanks to everyone that sent me email regarding my daughter. She is 36 and has a great family (two kids and a great husband). She has cancer. It is hard to say those words. I am scared and sad because I haven’t always been proud of my fathering experience, but I love her and pray everyday for her recovery.

Thanks for your prayers

Barack Obama - Yes We Can Video (Inspires hope for us all)

While I call this the Black Genius Network and encourage and celebrate African American success, I also believe in the words of this song. I believe we can overcome financial illiteracy for everyone regardless of race. I believe in the politics of hope. That’s the purpose of this blog. I believe that we can and in fact we must take the initiative to enter the world economy. I believe we can and must be take responsibility for our economic development. And I believe we can create a new America that will benefit everyone.Vote for hope, take responsiblity for your own economics and believe. Yes we can.P.S

Vote on Feb 5 for the candidate of yoru choice. (Go Barack)

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 (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

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