Thursday, September 3, 2009

Weddings Vs. Family Businesses

On more than one occasion, I've seen family members come together to financially contribute to a wedding. $3,000 for flowers. $1,000 for a chocolate fountain. $5,000 for a wedding dress. No exaggeration: I've seen low-income families come together and raise thousands of dollars for a wedding that lasted a few hours, and a marriage that lasted a few years.

This same energy and passion should be used to come together to invest in a business that can make everyone wealthy, can last a lifetime, and can be passed down to future generations.

If a family got together and raised just a couple thousand dollars, they can open a store front, buy a franchise, and/or even expand an existing business.

Why not organize your family to invest in something that will yield a return and produce results that can financially empower everyone?

5 comments:

  1. Great idea! I hope this idea spreads to many families.

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  2. Entrepreneurship and business ownership are key to financial success. It's time for Black Americans/African Americans/ Black Folks to wake up!

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  3. Great post Dante. Black folks still have a very hard time discussing money with each other.

    The strength of collective partnerships is very powerful and should be utilized more to help rebuild our communities.

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  4. Great point, very insightful. www.ItsPaydayBlog.com

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  5. That's an awesome idea! I'm going to bring this up the next time my family gets together (or someone announces an engagement) :)

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