The Black Dollar & Pound Is Powerful

"How Black People Can Change Society With Black Wealth Using Group Economics"

[A THREAD]
As of December 2018, Black Americans were seen to spend at least $1.2 Trillion Dollars annually on goods alone

As of December 2019, Black brits were shown to spend ÂŁ300 billion annually

Money talks in the west...so how do take advantage of our buying power?

By doing two things
ONE: Start building businesses

Capitalism is built on businesses

The very businesses you work for were once startups, ideas and now are multi-national, conglomerate brands

Starting a business in 2020 has never been easier thanks to the internet
Brick and Mortar businesses are great but they require a lot of upfront investments, high overheads, bills and foot traffic which isn't always guaranteed

Building online is the easiest way to combat this

Industries you can get into right now include:

Service-based businesses
- Copywriting
- Videography
- Facebook ads
- Graphic design
- Coding
- App development
- Web design
- Social media marketing
- Influencer marketing
- PR
- Coaching
- Consulting
- Online teaching
- Online personal training
- Music production
- Product Photography
- Interior Design
Digital products... you can sell your expertise and get paid for it now!
- Ebooks
- Courses
- Programs
- Paid Memberships Group (Facebook)
- Monthly newsletters
- Paid podcast episodes
- Netflix style content bundle
- Webinars
- Masterminds
E-commerce (Physical products that are booming rn)
- Fitness equipment
- Hair/Body/Skincare
- Supplements
- CBD
- Alternative cleaning products (100% natural)
- Takeaway/Delivery (home-cooked food us huge right now)
- Loungewear/Athleisure
- Subscriptions
- Print On Demand
If you are entrepreneurial and want to start a business full time or on the side here are some great examples to look into (there's lot more out there)

Now...I understand not everyone wants to sell something on the internet

So the next thing is to buy black

Walk with me 👇🏾
Instead of pumping all our money into other communities we should start buying black and support our own fuelling our own economy

There's more than enough money in the world for all of us to eat VERY well

You don't think so you have a scarcity mindset which needs to be stopped
GROUP ECONOMICS

The dollar circulates in asian communities for A MONTH

The dollar circulates in jewish communities for 20 days

The dollar circulates in white communities for 17 days

The dollar circulates in black communities for 6 hours!

This needs to change right now
START BUYING BLACK

- Instead of going to your local supermarket, try out some afro-caribbean/asian shops
- Start buying black-made hair/skin/body products
- Black tech
- Black-made clothing
- Black anything people

I'm not say only buy black I'm just saying start being conscious
I understand right now we naturally go to black barbers and salons to do our hair but we need to do more

Why are we buying our hair products from Asians and latin Americans?

Why are we buying our cultural food from Tesco?

This will not be solved immediately but we can start
somewhere

breaking our dollars and pounds down and building within our own community will start to shift the economy

Especially brands that have profited from us for so long

Jamaicans in the 60's and 70's used to group buy houses and got many people into the property market
Let's start banding together

Put away with "black businesses are unprofessional" etc and start to create change for ourselves

Money talks and once it's circulating between us the dynamics will shift

OWNERSHIP IS FREEDOM

Let's start freeing ourselves today
SUPPORT BLACK

Retweets and shares are free

But the power of the internet can elevate your fellow black brothers and sisters

Promote black creators, film makers, artists, designers, athletes, models, entrepreneurs, musicians

It doesn't cost anything to support your own
That's all from me

More on how you can change your situation with building lasting brands jump inside my free checklist and get inside my free daily newsletter where I spit this nonsense on a daily: https://gumroad.com/l/psycho 
You can follow @Amaa___Official.
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