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Showing posts from September, 2020

The rampant success of #SupportBlackBusiness

To " The unintended consequences of #SupportBlackBusiness " -  Vox, Sept 3, 2020 "Brittney Winbush, founder of the wellness company Alexandra Winbush, had her first $10,000 sales day in June. Rather than purely elated, though, she was anxious. “Will this last?” she wondered." Every small business owner wonders this. "afraid to make long-term business decisions based on good faith, as history has shown these moments of reckoning rarely linger." Long-term decisions are always a risk , especially for small businesses.  This is not at all unique to this moment. "A reported 41 percent of Black businesses had been shut down in April due to Covid-19." As Tim would say: compared to what? Per Forbes, 73,000 businesses have closed due to the pandemic.  The Washington Post says 100,000, and CNBC says up to 7.5 million are at risk.   So: How does the 41% of Black-owned businesses compare to the overall percentage of businesses closed due to COVID? Or:  W...