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Tag Archives: companies

Go Girl! Black Women Fastest Growing Entrepreneurial Segment

Don’t like not being recognized for your contribution at big company?

Start your own.

Black women increasingly are doing just that, despite obstacles in terms of venture or bank financing.

Black Women-Owned Businesses Skyrocket By 322 Percent In Less Than 20 Years

 

African-American women are the fastest growing group of entrepreneurs in America, a new study reveals.

The 2015 State of Women-Owned Businesses Report released this week found that the number of women-owned businesses grew by 74 percent between 1997 and 2015. That’s 1.5 times the national average of business growth to be exact.

Meanwhile, the growth in the number of businesses specifically owned by black women is outpacing that of all women-owned firms, the report says. The number of black women-owned businesses has grown by a whopping 322 percent since 1997. Today, black women own roughly 14 percent of all businesses in the country owned by women, which tallies to around 1.3 million businesses, according to the report.

“While nationally African American women comprise 14% of all women-owned firms, African American women comprise a greater than average share of all women-owned firms in Georgia (35%), Maryland (33%), and Illinois (22%),” the report says.

Statistics show that throughout these 1.3 million companies, nearly 300,000 workers are employed and the businesses generate an estimated $52.6 billion in revenue. When digging into the number of black-owned businesses overall, 49 percent are owned by women.

Businesses owned by black women also top the charts in revenue growth when compared to other minority women-owned firms proving that their economic clout is ever-growing.

 
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Posted by on July 2, 2015 in The Post-Racial Life

 

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It’s Not the Education System That’s Broke

[MISMATCHstats]You hear this refrain frequently – that American companies can’t find qualified or educated workers. With the recent exposure that many companies automatically exclude the unemployed as potential employees – it’s becomming incresingly obvious that it is not the education system that is the problem…

It’s the companies themselves.

Some years ago many companies started using automated search engines which sorted resumes looking for keywords. The growth of the Internet has also meant the growth of potential resumes which a company can choose from. Keyword searches are based on the faulty idea that someone who is qualified for a potential position will include those words in the resume. So for instance, a candidate with an ITIL, Six Sigma, or PMI certification would include those terms in the resume. Since real work skills, accomplishments, and experience don’t translate to such simpleminded analysis – the impact of this was to devalue the experience of anyone who could actually do the job, and raise the value of folks who became certification whores.

Leading to the surreal environment where the self proclaimed “father of the Internet” couldn’t get hired for a technical job in the industry he created – or a guy who had actually designed and built bridges over rivers for 25 years…

Is suddenly “unqualified” for a job to design and build bridges, because he hadn’t built a bridge over a creek.

Enabled by the power of the computer, Human Resources folks were able to get very precise in developing requirements for potential hires. This meant developing skills criteria where no one, who wasn’t already doing the job for the hiring company (and usually even the person in the job couldn’t qualify for), could ever fit. Years ago, I took a job with a company which had developed a proprietary technology which was only utilized at that time in 3 other places in the world, including DARPA (Defense Advanced Research Projects Agency – which is a small group of really smart guys working on super secret technology projects), and MIT being two of the three other places. My advantage? I had at least read about it in technical publications. Recognizing that the pool of folks who knew anything about the technology was exceedingly small – the company had an aggressive internal education program to bring employees up to speed.

Today, companies don’t want to invest in training employees – believing that the alphabet soup of outside certification agencies is somehow going to produce qualified employees. It doesn’t, what it produces is a lot of employees with the common toolkits to work – which is a large distance from having the real functional skills.

Being in the tech industry means getting approached by headhunters several times a week, sometimes on resumes that are 10 years or more old. My last name is the same as a company which produces a very sophisticated software system. For years I’d get calls from breathless headhunters looking for programmers familiar with the system. Never occurred to these folks that if I was the guy who had created the system, and CEO of the company bearing my last name…

WTF would I be looking for a junior or mid-level programming job? Read the rest of this entry »

 
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Posted by on October 28, 2011 in American Genocide, American Greed

 

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Dreams of D’Dingbat

The “Dumbing Down” of America hasn’t missed the dumbing down of conservatives. I have come to believe, based on evidence provided by articles by some of the conservative “lights” – that any University granting these guys degrees…

Should have their accreditation pulled.

Case in point is the rather lame arsed screed penned by Dinesh D’Souza in the WashPo earlier this week – “Why Barack Obama is an anti-colonialist”, which even by the admittedly low affirmative-action bar set by white conservatives for their conservative of-color Quasi-Illuminati sycophants…

Lowers the intellectual “Bar” to scraping the sub-pavement.

A too-kind reposte is offered by Bruce L.R. Smith in todays WashPo – “The Barack Obama Sr. I knew“, where Smith factually recounts his experiences with President Obama’s father, while they both were enrolled at Harvard.

I am going to take a bit different perspective – that of an American doing business overseas and having to explain Mr D’Souza’s isht to foreign government officials and elected senior Government members who face the issue from their countries perspective of dealing with the super powers. Colonialism is a dirty word.

The imprecation that President Obama is opposed to “colonialism” carries with it the opposing blade that those who oppose him – in this case Republicans…

Fully support Colonialism.

In the context of a looming election exuberantly promoted as a Republican landslide in the right wing media, a claim acquiesced to in at least some of the real Media – that means America will soon, again beome a Colonial Power, freely utilizing the resources and abusing the peoples of smaller nations as test tube subjects and slave labor.

Thanks D’Dingbat, for making like a hell of a lot more difficult for American companies overseas…

Including your favorites, which apparently include the sweat shops.

 

 
 

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