>> I reacted to the quote you posted and your calling it racist. I saw nothing racist about noting that Black entrepreneurs, in general, are disadvantaged because typically they have less wealth to pay for the professional services required for starting a business.
There is no evidence of that, whatsoever.
As I pointed out, blacks and women are a preferred class for all manner of government assistance, from federal all the way down to localities. This means in terms getting advice, financing, access to professionals, and pretty much every other aspect of business startup.
When I was in the business of helping small companies get rolling (which has been about 25 years ago) I had far more resources available to blacks and women than I did a white guy walking in the door. If anything, the disadvantage leans against white males.
My friend who was an employee of Resolution Trust Corporation back in the day, called from California and said, "Listen. RTC is going to be winding down its operations. We have a lot of real estate. If you want a piece of it it is there for the taking. What you have to do, though, is to set up an MWOB -- they're going to have the advantage." Just sayin'. I didn't do it, but I wished I had. The money was flowing. Hell, all I had to do was set up a business with my wife and we could have had all we wanted.
Being a minority opens up Ft. Knox to someone wanting to go into business. There are those strings attached, but to argue minorities are mistreated in some way is really not a viable claim.
Once one gets beyond the need for assistance, blacks, Hispanics, whites, whatever -- all have equal opportunity if their earlier financing has paid and they've shown skills.
We give them money to build on -- a lot of it. They don't have to be Elon. Just run a profitable operation for a few years.
I just disagree with your premise on this. |
