Black Business Matters: From Awareness to Action

Los Angeles Business Journal Black Business Matters

July 28th, 2021 | 2:00 pm – 3:00 pm

Free Virtual Event

The Los Angeles Business Journal, in partnership with the Greater Los Angeles African American Chamber of Commerce, hosted a free digital event to discuss ways we can foster a more socially-conscious
Community of Business™.

TOPICS INCLUDED:

• Access to capital for Black Businesses
• Best practices
• Challenges, pitfalls and the direction policies are headed.

PANELISTS & TOPICS

Building Community & Change

  

E’Tiffany Jones
Manager, Communications and Strategic Partnerships
OneLegacy

“When businesses flourish, so do their communities. Investing in Black companies is an essential first step to close the socio-economic gap that plagues the Black community. Supporting Black-owned business will cultivate generational sustainability for families and employees and will allow future business owners to thrive.”

  

Kandee Lewis
Chief Executive Officer, Positive Results Center
Civil and Human Rights Commissioner, City of Los Angeles

“Black business matters, but is it respected? According to Nielsen, African Americans wield $1.3 trillion in annual spending power; however, we’re not respected as consumers. Black people must become socially conscious consumers and entrepreneurs.”

  
Robert Sausedo
President & Chief Executive Officer
Community Build Inc.

“It is up to Black leaders to harness the power and momentum of this present social movement to ensure inclusivity, equity and diversity are not just buzz words, but become the foundation of business success.”

  
Robert D. Taylor
President & CEO, Centinela Capital Partners
Partner, 3.5.7.11

“Black America’s wealth challenge and its dire consequences have been chronicled for decades. It has roots in almost every factor that influences wealth known to economists. Market success is central to wealth creation making Black business an essential part of the solution. However, a serious response must be as comprehensive as the factors and as persistent as racial bias has been in the roots.“

Building Businesses & Wealth

  

Gene Hale
Chairman
Greater Los Angeles African American Chamber of Commerce

“The Greater Los Angeles Chamber African American of Commerce has dedicated itself to growing economic opportunity, talent, and employment in the Los Angeles area. Throughout the decades, GLAAACC has remained devoted to the idea that a strong business community is the backbone of a strong city.“

  

Charlotte Redden Hamilton
Dean, College of Social Sciences
Saybrook University

“As an African American entrepreneur in counseling private practice, and wife, daughter and granddaughter of African American men in technology, welding and construction, I’m reminded of how important dreams are fulfilled in ownership but how it could quickly become a dream deferred.”

  

Jonathan Hodge
SVP and Financial Advisor
Affinity Wealth Partners at UBS Wealth Management USA

“There is tremendous opportunity for Black businesses to build multigenerational wealth. As a financial advisor, my desire is to bring necessary resources to the Black community to achieve this goal.”

  
Reginald Roberts, Jr.
Co-Managing Partner
Sanders Roberts LLP

“In this global economy, diversity is not a talking point – it’s a business necessity. Engaging diverse talent, counsel, and suppliers makes businesses more relevant and prepared to address the needs of consumers. Businesses that thrive embrace the colorful tapestry that is US!”

Event Polling Results:



Inside This Supplement

Tackling the Health Care Inequity Problem
The good news is that the waiting list for a lifesaving organ has decreased by 10% over the past five years. This is a glowing testament to those who say yes to donation and the wonderful demonstration of the generosity of so many…. Read More

Nonprofits are a Critical Link in Black Business Matters
As one of South Los Angeles’ legacy nonprofits, Community Build, Inc. (CBI) was founded on the principle that support and change start at the community level. The agency was created by Brenda Shockley and Congresswoman Maxine Waters as a response to the conditions that led to the 1992 Civil Unrest in Los Angeles… Read More

Bringing Racial Equity Action Initiatives to the Forefront
Black business clearly matters to the Los Angeles Department of Water and Power (LADWP). The department is committed to providing business opportunities to disadvantaged, minority, and women-owned businesses in our community… Read More

Overcoming the “Third Generation Rule” Challenge
According to the “third-generation rule,” 70% of affluent families will have lost their wealth by the third generation. This economic adage addressing the longevity of multigenerational wealth has been well studied across cultures and professions… Read More

Black Business Matters, But is it Respected?
Black business matters, but is it respected? According to Nielsen, African Americans wield $1.3 trillion in annual spending power; however, we’re often not respected as consumers or entrepreneurs… Read More

Growing Business Through a Pandemic
Businesses, like people, must adapt to changing times to survive. The pandemic forced every business, ours included, to take inventory of its resources, redirect energies, and chart a new path forward… Read More

Creating a Pipeline for Black Business and Wealth
The global pandemic caused a paradigm shift for Black small business owners that will reverberate for generations. During the COVID-19 shutdown, four out of ten black-owned businesses closed, a rate that was double the closure rate of white-owned businesses… Read More

Accelerator Program Aims to Support Los Angeles Black-Owned Businesses
The Black Business Excellence Technical Assistance Initiative will be accepting applications from Black-owned businesses to join its free accelerator program through Aug. 6… Read More

SPONSORS

View last year’s webinar recording here.

If you’re interested in sponsoring, speaking or partnership opportunities please call (323) 549-5225 or email us.

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