Black Wall Street Movement
The Black Wall Street Memphis board was appointed in April at the Heal the Hood Foundation of Memphis event organized by LaDell Beamon. These young board members range in age from 16 to 18 years-old. This will be the first Black Wall Street district 501 (c) 3 with an all youth board.
The Black Wall Street Memphis board of directors are led by President Tyra Neal. The balance of the board includes Matthews, Destinee Wheeler, Jennifer Watson, Cassietta Jones, Tashann McAdams, Jeffery Rutherford, Hanade Graham and D'Aundre Hill.
Also in attendance was Black Wall Street Tennessee state advisory board members Earl Beckett and. Tarrik Moore
By Mkali Na Maarufu
I founded Black Wall Street Lexington, Inc due to the encouragements of a strong sister from Compton, California named Kenyanda Reddy. She is the founder of Black Wall Street Los Angeles. She saw something in me that was burning like the sun. It's something that Reverend Dr. Carter, the president and founder of Black Wall Street USA, refers to as "the spirit".
I was trying to figure out a way to solve all of our people's problems on my own by asking questions pertaining to our situation and the more questions I asked, the more answers I received that ended up requiring me to ask even more questions. Long story short, I came to the realization that many of the resources we need are already in existence and there's usually no need to start from scratch.
For instance, it seems like we should have a bank that is black owned and will allow people in states who want to bank black to do business with them and it turns out that such a business does exist. It's City National Bank of New Jersey and they allow people to bank long distance with them online.
Soon as I came under the umbrella of Black Wall Street USA, I immediately created a bridge between this bank and our (then) national entity (which is now global due to growing by leaps and bounds in a short period).
Being a part of Black Wall Street USA has given me the ability to implement my ideas on a very large scale with very little effort and time spent. The spirit in me just wants my people to come out on top (above and beyond my own personal gain) and Black Wall Street USA has facilitated that need.
Having big picture ideas and the ability to materialize them is what has led to me being appointed as the South East Regional Director of Black Wall Street USA but I never would have gotten there without serving my own individual district well.
The first order of business was to put together a board of directors that consisted of like-minded people who shared the same spirit as I do. Once the universe provided me with my team by making them stand out to me, we had to put together our organizational structure in which we chose a 501c(3) status.
After that, we began identifying the black owned businesses in our city, the nonprofits who really serve our black community, and the large groups of people that consist of our people such as churches and biker clubs.
See, the key is to "triangulate" all three of these entities into a circuit in order to create an infrastructure that will allow for our black dollars to circulate in the way the our mentor, Dr. Claud Anderson, explains in his video lecture entitled "Powernomics". We introduced ourselves as Black Wall Street Lexington, Inc aka BWSLEX to the public with an event that we called a cashmob, where people all show up at a black owned establishment and spend lots of money with them and then we end it off by addressing the public with a speech that conveys what we stand for, our goals, and finally feedback from the public so that we can better serve them.
We had our first cashmob event at "Sav's West African Bar and Grill" and we had our second one at "Caddy's Soulfood Restaurant". Caddy's is now closed and the community has lost yet another quality business.
I just have to mention that because Caddy's fed and clothed homeless people which brings me to the point that it's crucial that we support our own businesses because many seem to disappear shortly after they open.
Every dollar spent with mainstream business is taking food out of every black child's mouth if there is a black alternative around and every black business alternative that isn't in existence yet to supply that needed good or service is an opportunity for an entrepreneur to step in and birth a new black owned business into existence. One of the issues our people worry over is coming up with the money to start their dream business.
Mainstream banks deny us flat out the gate as if we never had a chance with them from jump and this is why we are seeking to create our own credit union in our area to serve that need. A credit union is simply a bank that is owned by the people and ran for the people.
This is the way to go if we want to have the ability to fund black businesses into existence in a way that corresponds with the concept of "group economics".
You may think it's complicated to start a credit union but it's a lot easier than you'd think if you had The African American Credit Union Coalition (AACUC) willing to take you under their wing to help you create your credit union from scratch. The AACUC does exist and they are "very" accomodating. We had a campaign to get people to buy black called "The RBG Challenge".
It went like this, you mark your dollars with a red, black, and green mark because those are the colors of our Global Pan African flag (as created by Marcus Garvey for us all over 100 years ago) and you spend those dollars only at black businesses. The idea is to keep those black dollars in circulation without letting them seep out into the mainstream economy. I've actually gotten change back in RBG bucks before and it felt great! We created a local black business directory so that everyone in our city will know where to buy black at.
On the same sight we have a donation page for all the other local nonprofits who serve the black community in a real way. Even though we've built our local black business directory, we still respect and acknowledge our national black business directory of choice which is First Black America.
It's more like a black owned google that consists of all black owned businesses. Every nonprofit must have some sort of money coming in to facilitate operating expenses and our primary means of raising funds has been the selling of African centered tshirts that instill black pride in our people.
We haven't had a ton of sales but we've had enough for me to raise my eye brows in amazement. One of the greatest feelings I get from being a part of this organization is knowing that I'm expressly responsible for the birth of new districts. It's like returning the favor to Mama Sekhmet (that's my nickname for Sista Kenyanda Reddy, the woman who brought me into Black Wall Street USA). It's also equally fulfilling to see our organization forming black business districts in places like Tokyo and Amsterdam. The sky is the limit from here....
Black Wall Street Lexington
National office team: $5,000
Project managers: $4,500
Regional Directors: $4,500
District Presidents: $3,500
Note: The annual stipends will go to each individual in Black Wall Street USA who serve in one of the above positions.
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I'm so glad to be apart of this courageous movement.
I donated what I could at the time. I'm interested in doing more please contact me at email@example.com
What a great cause. Please join those on this list and Donate today.
Thanks to everybody who has donated. Let's keep it up.
As a child I had many passions. As the years passed some of my passions withered, and some grew. Of the few passions that grew, one rose to dominate all the others. That prevailing passion is my desire to empower people with knowledge of spirituality, economic freedom, unconditional love, truth, and justice, which to me, are as necessary to human beings as the air we breathe. However, the struggles we face in our world today oppose all five of these fundamental human needs. In my humble opinion, this is why the implementation of the BWS strategy is so important. We once again have a model to help us reclaim our dignity, pride, power, and strength, so we must use it and continually improve upon it until we have taken back what is rightfully ours, which are our individual and collective freedoms.
What a worthy cause. I am impressed daily by the energy and commitment put forth by our Black Wall Street USA family.
I will continue to support Dr. Carter, the national Black Wall Street USA team with every fiber of my being and from the depths of my spirit. This is the right movement at the right time.
Thanks to all of you who have already supported this fundraiser.
Again, If you love God, your people and future generations, then you should support this cause.
Just a thought from the Great Carter G. Woodson as to why every Black man, woman and child should donate to this movement: "Negroes are now being taught does not bring their minds into harmony with life as they must face it. When a Negro student works his way through college by polishing shoes he does not think of making a special study of the science underlying the production and distribution of leather and its products that he may some day figure in this sphere. The Negro boy sent to college by a mechanic seldom dreams of learning mechanical engineering to build upon the foundation his father has laid, that in years to come he may figure as a contractor or a consulting engineer. The Negro girl who goes to college hardly wants to return to her mother if she is a washerwoman, but this girl should come back with sufficient knowledge of physics and chemistry and business administration to use her mother's work as a nucleus for a modern steam laundry. A white professor of a university recently resigned his position to become rich by running a laundry for Negroes in a Southern city. A Negro college instructor would have considered such a suggestion an insult. The so-called education of Negro college graduates leads them to throw away opportunities which they have and to go in quest of those which they do not find."
This is such a worthy cause. I'm pleased to be apart of this awesome spiritual journey.
The primary goal of our group are to outline the key elements in establishing Black Wall Street USA (BWSD USA) districts around the globe. Our manual show serious persons how to recognize a potential district and perform the necessary tasks to organize a district. This is essential to the continued growth and revitalization of black communities and Black businesses. Our manual will also guide community organizers through the planning and implementation process including authoring legislation. Planning is defined as the “deliberate social or organizational activity of developing a strategy of future action to achieve a desired set of goals for solving different problems in complex content to implement the chosen strategy.”
I'm in full support of this monumental Movement