We are aiding the discovery of multiple pathways to financial independence and social freedom.
Community members who have been able to move to a stage of wealth building say it is because of:
* Opportunities for a solid education
* Learning how to invest
* Being able to purchase property
* The ability to participate in entrepreneurship (which is one of the leading employment factors in the US economy today)
The world has changed in a way that requires everyone to THINK like an entrepreneur.
Participants will develop entrepreneurial skills that will help them approach changing environments to live effective and successful lives.
A living-wage income is a first and extremely important step to building wealth. But it cannot be the endgame when thinking about building inter-generational wealth. To advance economic equity, we must move beyond focusing on poverty reduction and living-wage job opportunities to focusing on wealth creation. *
Many of our country’s lowest-income workers turn to self-employment as a means of creating a job or supplementing a low-wage job. Entrepreneurship can be a pathway out of poverty, but many entrepreneurs are in need of support.
Overall, African American households are less likely to own a business than white households, and if they do, the business is, on average, eight times less valuable than a white owned business. One cause of this disparity is lack of access to capital and not having the relevant knowledge or mentor-ship as primary barriers to starting a business. **
Competing with white-owned business where access to capital is readily available and often secured by property, leads to a dead end cycle when property ownership is out of reach.
- Voices Rising: African American Economic Security in King County https://byrdbarrplace.org/wp-content/uploads/2018/01/VoicesRising_report_2017.pdf
** Wiedrich, Kasey, Sims, Jr, Lebaron, Weisman, Holden, Rice, Solana and Brooks, Jennifer (2016). The Steep Climb to Economic Opportunity for Vulnerable Families. Retrieved from http://assetsandopportunity.org/assets/pdf/2016_Scorecard_Report.pdf.
We are a resource for information and education, by providing courses, tools and/or referrals. Thereby, equipping individuals to reassert their power to achieve effectual solutions and results in dynamic situations.