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Showing posts from October, 2019

How to Finance a Black Women-owned Business in 2020

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Maggie Lena Walker was the first female bank president of any race to charter a bank in 1902. Black women have continued down this path of entrepreneurship. According to one report, "the number of businesses created by black women in the United States alone is up more than 460% over the last 20 years, making them the fastest growing group of entrepreneurs in the nation."

Of course, we've known this for some time. We launched MinorityFinance.com in 1998 and noted that 65% of the inquiries from the site came from Black women. The key issue then, and now, is money: "according to the Diane Project, black female founders are only able to raise an average of $36,000 in venture funding, while start-ups owned mostly by white males have received on average $1.3 million."

We provide data-based advice and instruction, based on our years of experience, to help you over this hurdle. Our webinar provides information on the current state of Black women businesses. We provide…

Fully Adjusted Return Economic Forecast for 2020

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We are pleased to present our 2020 economic forecast incorporating social factors (Fully Adjusted Return). Tickets can be obtained at: https://econforecast2020.eventbrite.com

We have a track record of issuing unusually accurate economic forecasts:

In October 1998, in a petition to the Federal Reserve and the US Court of Appeals for the District of Columbia Circuit (Case Number 98-1459), Mr. Cunningham forecast the financial crisis that occured ten years later. (See: https://www.creativeinvest.com/OppositionToCitigroupTravelersMerger.pdf )

On June 15, 2000, we testified before the House Financial Services Committee and warned that ethical issues at Fannie Mae and Freddie Mac would led to their failure.

On December 22, 2003, our economic forecasting models signaled the probability of system-wide economic and market failure. See page 6: http://www.sec.gov/rules/proposed/s71903/wmccir122203.pdf

As we noted on Oct. 5, 2006, forecasting the development of cryptocurrencies: "competitiv…

Impact Investing