Finance Friday 11.13
It’s Finance Friday
Lets Beat the Procrastination Monkey-Tim Urban
Tim Urban encourages us to think harder about what we're really procrastinating on, before we run out of time.
“The aggregate barriers to starting and sustaining a Black-owned business translate structural bias into less access to capital, lower revenue, and dimmer prospects for business growth,” the McKinsey report states. “The mainstream financial system’s role in those barriers has helped to maintain Black Americans’ distrust of the financial sector as well as fear of debt.”-Written by Roya Sabri
Looking for a Black Owned Marketplace to start advertising your business! Or...are you looking for a platform to support Black Business!
Visit WeBuyBlack.Com
Finance Friday
What Now!
The world has let out a sigh of relief as President-Elect Joe Biden and Vice President-Elect Kamala Harris won the race to 270 on 11.07.2020. Special shoutout to Stacey Abrams for helping win over our votes.
Now we are in a mode of transition as we all wait, impatiently, for Trump to leave office. This gives us the perfect opportunity to start building our teams and gearing up for 2021. Additionally, with all of the heartache and strife that we have endured during 2020; we will enter 2021 fully prepared for life's surprises (we hope)!
So adhering to the advice given by Tim Urban above, we will get rid of our "instant gratification monkey" and start immediately. Therefore, we are sending out a call to action for YOU to join the For Us Nation.
How to Join the For Us Nation
Join the For Us Nation Directory through the Button Below
Email Us to do an IG Takeover to introduce yourself, and your business, to the For Us Nation network
Showcase your talent on the For Us Nation Website, newsletter, podcast, and more!
Grants
Visit AfricanAmericanGrants.Org for more information on grants available to Black Businesses. Check out one of the Grants below:
1. The Community Development Financial Institutions Fund
The U.S. Treasury Department has programs designed to help under-funded minority groups to kickstart and grow their businesses. The Community Development Financial Institutions Funds (CDFI) was created exactly for that purpose. The CDFI Fund not only provides funding for businesses, but it also extends its services to tax credits to help with minority business projects and investments. The process to apply for this program is a very streamlined one, and can be completed in as little as ten minutes. The program encompasses different tools and business resources that you need to help grow your business.