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MARIO_DRO;8795713 said:WELL...
U DO GO INTO BUSINESS TO MAKE AS MUCH MONEY AS POSSIBLE....
BUT I GUESS BLACKS SHOULD HAVE SOME SENSE OF OWNERSHIP AND STOP WORRYING ABOUT A QUICK DOLLAR...
Welp, that pretty much concludes this. Close thread
it truly depends on what your goal was from the jump imo..
i men most people go into business for the money, so as the old saying goes...
"know when to hold them know when to fold them"
ESPECIALLY if they're strong business minded to begin with.....because now they have a lot more money to start another business with....
as long as they stay busy, keep building....and leave something to pass down to the next generation, i see no issues with taking a buy out
i men most people go into business for the money, so as the old saying goes...
"know when to hold them know when to fold them"
ESPECIALLY if they're strong business minded to begin with.....because now they have a lot more money to start another business with....
as long as they stay busy, keep building....and leave something to pass down to the next generation, i see no issues with taking a buy out
companies are sold everyday. Just for the person that started it to get financed to start another one. Then turn around and sell that one.
Can that business grow anymore - Yes or No.
If it cant Sell
If it can, Do you have the finances to grow - YEs or No.
If No, Sell
If yes find investors or sell at growth level.
Can that business grow anymore - Yes or No.
If it cant Sell
If it can, Do you have the finances to grow - YEs or No.
If No, Sell
If yes find investors or sell at growth level.
I understand that's a part of business, but we hear all the time that we need to support black owned business' and keep the money in our communities , but if all you're going to do is sell it to a white corporation, at the end we're still going to be at square 1.
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dwade206;8795716 said:MARIO_DRO;8795713 said:WELL...
U DO GO INTO BUSINESS TO MAKE AS MUCH MONEY AS POSSIBLE....
BUT I GUESS BLACKS SHOULD HAVE SOME SENSE OF OWNERSHIP AND STOP WORRYING ABOUT A QUICK DOLLAR...
Welp, that pretty much concludes this. Close thread
lol that didnt answer anything. That made points for both sides. Which one is right tho?
mryounggun
New member
It's not that black or white. Few things are. Also, those things aren't mutually exclusive. Definitely could be both.
Black owned on a corporate level is subjective at best. Jimmy Iovine own part of Beats Electronics so is it a "Black owned company.
Was Smart water a black owned company because 50cent invested in it?
Small businesses you can have that mindset but on a corporate level board members and investors are who you are making rich. They are usually different colors.
Was Smart water a black owned company because 50cent invested in it?
Small businesses you can have that mindset but on a corporate level board members and investors are who you are making rich. They are usually different colors.
_Goldie_;8795725 said:dwade206;8795716 said:MARIO_DRO;8795713 said:WELL...
U DO GO INTO BUSINESS TO MAKE AS MUCH MONEY AS POSSIBLE....
BUT I GUESS BLACKS SHOULD HAVE SOME SENSE OF OWNERSHIP AND STOP WORRYING ABOUT A QUICK DOLLAR...
Welp, that pretty much concludes this. Close thread
lol that didnt answer anything. That made points for both sides. Which one is right tho?
It's subjective. Welcome to the 7th chakra.
A businessman is going to do what is in HIS best interest to do, all that "buy black," shit is a marketing scheme just like "Made in the USA" was.
The individual is in it for himself and his family, non people who do not have a stake in his business or success.
Over and over again y'all keep being shown the most important thing in the US is the money. People start businesses with all kinds of great socially conscious ideals but they sell out because its in their best interest to do so.
Its not just "buy black" either its all these various "organic" fruit juices, all these "healthy alternatives" its all just clever marketing, in the end you dangle enough money out there nobody else matters.
Thats the nature of the beast.
The individual is in it for himself and his family, non people who do not have a stake in his business or success.
Over and over again y'all keep being shown the most important thing in the US is the money. People start businesses with all kinds of great socially conscious ideals but they sell out because its in their best interest to do so.
Its not just "buy black" either its all these various "organic" fruit juices, all these "healthy alternatives" its all just clever marketing, in the end you dangle enough money out there nobody else matters.
Thats the nature of the beast.
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_Goldie_;8795725 said:dwade206;8795716 said:MARIO_DRO;8795713 said:WELL...
U DO GO INTO BUSINESS TO MAKE AS MUCH MONEY AS POSSIBLE....
BUT I GUESS BLACKS SHOULD HAVE SOME SENSE OF OWNERSHIP AND STOP WORRYING ABOUT A QUICK DOLLAR...
Welp, that pretty much concludes this. Close thread
lol that didnt answer anything. That made points for both sides. Which one is right tho?
ITS EITHER OR...
LIKE DU SAID.. WHATS YOUR PLAN?.. U WANNA MAKE MONEY OR U JUST WANNA BE A PROUD BLACK OWNER.. NO CHOICE IS WRONG
2stepz_ahead
New member
i think selling out is when you compromise yourself to get crumbs..
this is a business move.. no one is looking like a tapping coon.
only flaw i can see is selling too early...but if its still making almost double back....is it really a flaw
this is a business move.. no one is looking like a tapping coon.
only flaw i can see is selling too early...but if its still making almost double back....is it really a flaw
2stepz_ahead
New member
MARIO_DRO;8795713 said:WELL...
U DO GO INTO BUSINESS TO MAKE AS MUCH MONEY AS POSSIBLE....
BUT I GUESS BLACKS SHOULD HAVE SOME SENSE OF OWNERSHIP AND STOP WORRYING ABOUT A QUICK DOLLAR...
what may seem like a quick dollar maybe be a profitable pill for a migraine.
we dont know whats goi9ng on behind the scenes
Samsung is actually a Korean based company.
As far as the investment in selling the company it's smart especially if it's struggling as much as advertised.
I don't know many people who will stay true to something costing them money when they can sell it either at a profit or break even.
When you're in a business generally your loyalty is to the dollar; don't let Beyoncé and Jay occasionally doing pro Black shit make you think otherwise I'm not saying they don't care for the cause but they care for their money more.
As far as the investment in selling the company it's smart especially if it's struggling as much as advertised.
I don't know many people who will stay true to something costing them money when they can sell it either at a profit or break even.
When you're in a business generally your loyalty is to the dollar; don't let Beyoncé and Jay occasionally doing pro Black shit make you think otherwise I'm not saying they don't care for the cause but they care for their money more.
He shouldn't sell it. I thought it was about supporting a black business.... Anyway, I don't really give a damn. I'm still pissed i can't find some of jigga songs on youtube... Jigga is suckering his fans with that tidal exclusive. I'm not paying for shit but i did invest in Tidal. So my money gonna be looking real good.
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EmM HoLLa.
New member
All the artists that invested into title that have owner ship will now get a good flip on their money.. Also this works for Samsung because now they will have a competitor for Apple Music.. This makes perfect sense on all fronts..
_Goldie_;8795945 said:So nobody thinks it was a bad move to sell BET?
It was a bad move for fans of the network considering what it's become now.
However, for Bob Johnson, he was probably thinking......."y'all wanna pay me $1 billion for BET????"
SOLD!!!!!!
