The Economic Engine is the complete application of our three point strategy that lead to economic, social and political freedom. The idea is very simple: the people support the businesses, the businesses support the non-profits, and the non-profits support the people. The cyclical nature of the system creates opportunities while protecting our interests and resources.
We start by creating a community of informed and educated and conscious black consumers who can then take part in different financial opportunities whether it is savings, investing, or online shopping. It is important that we build a brand that can we can all recognize and mention in our common everyday conversation. The more we do this, the more interest we can create, the more we can educate, and the more behavior can fall in line with the results we desire. When the community is there then black businesses have much more motive to participate, to listen, and grow with us.
We are fighting against institutionalized systems of power, propaganda, prejudice, exploitation and force. Part of our lack of power is due to our disconnection from each other. We can't fight any kind of war with a handful of guys, each on different battlefields. We must focus our individual power collectively so we can begin to rebuild and rebrand our communities in our image.
Pieces of the puzzle moving together
BWS2.0 is creating and developing the following Engine components:
Creates a foundation and network of people which are together potentially powerful
BWS2.0 Exchange Marketplace
Creates an Online Marketplace to connect the people to black owned products and services
Creates investment capital for research & product development
Creates an easy way to find black owned products and services
Ratings & Points
Creates incentives to motivate positive behavioral changes
Creates organizational solutions to capitalize on industry-centric cooperation
Creates better business and trust through consumer advocacy and mediation
Creates wealth by investing in the things we and others buy
Creates social consciousness and awareness of socio-economic issues
Creates advantages by utilizing B2B connections
Creates affordable marketing and advertising solutions by sharing cost
Creates open communication between black industry leaders, social leaders, and consumers
Creates a media solution to inform the black consumer
BWS2.0 uses its brand and credibility to create revenue streams. These revenue streams are then combined and reinvested according to research, data analysis, think tanks, and other resources.
Invests in a foundation for building economic infrastructure between Africa and the diaspora
Black Hair Industry
Invests in connecting our black hair products to the black consumer in an estimated 9 Billion dollar industry
Invests in our own talent and creativity in music, television and film
Invests in worthy projects that tend to lack enough awareness
Invests in HBCUs and other innovative options to make our future generation more competitive
Invests in positive black media outlets that empower black people
Invests in companies and organizations helping to keep black people on the cutting edge
Invests in our black think tanks to continue to solve problems and find solutions
Invests in our style and ability to set trends in fashion
Invests in the creations of black owned banks and credit unions
Invests in land for farming as well as urban gardening projects to grow food and fish
Invests in a legal fund to purchase better representation for business and abusive prosecution
Invests in a political fund to lobby lawmakers to support our interests
Invests in organizations like Marcus Garvey's UNIA, Unite For Action, and others.
By the end of this year, African American's buying power will have climbed to to $1.1 trillion and what do we have to show for it? Still way too high under and unemployment numbers, no real representation in 435 members of Congress and a continued attack on our culture and livelihood. In order to fight back economically, we must be strategic and we have to work together as a united front. By becoming a member you can still focus on your own life, while knowing your subscription is helping to build something that will, over time, strengthen our position and allow us the leverage to move mountains.
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