Supporting Black-Owned Businesses | The Odyssey Online
Start writing a post
Lifestyle

Supporting Black-Owned Businesses

What you need to know about buying Black.

38
Supporting Black-Owned Businesses
Kickstarter

African American consumers possess around 1.2 trillion dollars in consumer buying power. This is estimated to increase to 1.3 trillion in 2017. With all of this buying power, so little of it is actually reciprocated back into our own communities. Blacks spend less money in Black-owned businesses than other racial and ethnic groups, yet a lot of our communities face poverty and despair. Supporting Black owned business will help money stay in our communities.

With the support of Black-owned business also comes the creation of jobs, and building wealth in the communities. Black-owned business may be able to better relate provide the products that African Americans need. I recently went to Target looking for a pick, and hair moisturizer. I scanned the Ethnic hair care section and found a very limited selection of hair care products, and to my surprise I could not find a pick. I'm sure that we can all relate to not being able to find products in places that do not seem to understand our needs.

Black owned business will be better equipped to handle Black needs. I believe that this, in turn, could provide a sense of unity amongst African American communities in a time when it is needed most. We are battling inner conflict within our communities as well as conflicts against our communities. With over 1.2 trillion dollars in consumer power, we can create an economy that stimulates positive gains in our schools and neighborhoods. It may not be easy, but what worth fighting for ever is?

From Your Site Articles
Report this Content
This article has not been reviewed by Odyssey HQ and solely reflects the ideas and opinions of the creator.
Entertainment

15 Times Michael Scott's Life Was Worse Than Your Life

Because have you ever had to endure grilling your foot on a George Foreman?

1340
Michael Scott
NBC

Most of the time, the world's (self-proclaimed) greatest boss is just that, the greatest. I mean, come on, he's Michael Freakin' Scott after all! But every once in a while, his life hits a bit of a speed bump. (or he actually hits Meredith...) So if you personally are struggling through a hard time, you know what they say: misery loves company! Here are 15 times Michael Scott's life was worse than your life:

Keep Reading...Show less
Featured

12 Midnight NYE: Fun Ideas!

This isn't just for the single Pringles out there either, folks

16221
Friends celebrating the New Years!
StableDiffusion

When the clock strikes twelve midnight on New Year's Eve, do you ever find yourself lost regarding what to do during that big moment? It's a very important moment. It is the first moment of the New Year, doesn't it seem like you should be doing something grand, something meaningful, something spontaneous? Sure, many decide to spend the moment on the lips of another, but what good is that? Take a look at these other suggestions on how to ring in the New Year that are much more spectacular and exciting than a simple little kiss.

Keep Reading...Show less
piano
Digital Trends

I am very serious about the Christmas season. It's one of my favorite things, and I love it all from gift-giving to baking to the decorations, but I especially love Christmas music. Here are 11 songs you should consider adding to your Christmas playlists.

Keep Reading...Show less
campus
CampusExplorer

New year, new semester, not the same old thing. This semester will be a semester to redeem all the mistakes made in the previous five months.

1. I will wake up (sorta) on time for class.

Let's face it, last semester you woke up with enough time to brush your teeth and get to class and even then you were about 10 minutes late and rollin' in with some pretty unfortunate bed head. This semester we will set our alarms, wake up with time to get ready, and get to class on time!

Keep Reading...Show less
Student Life

The 5 Painfully True Stages Of Camping Out At The Library

For those long nights that turn into mornings when the struggle is real.

3393
woman reading a book while sitting on black leather 3-seat couch
Photo by Seven Shooter on Unsplash

And so it begins.

1. Walk in motivated and ready to rock

Camping out at the library is not for the faint of heart. You need to go in as a warrior. You usually have brought supplies (laptop, chargers, and textbooks) and sustenance (water, snacks, and blanket/sweatpants) since the battle will be for an undetermined length of time. Perhaps it is one assignment or perhaps it's four. You are motivated and prepared; you don’t doubt the assignment(s) will take time, but you know it couldn’t be that long.

Keep Reading...Show less

Subscribe to Our Newsletter

Facebook Comments