black owned biz fails 93% of time

this type of activity is the reason the FTC says that black owned biz fails and has the highest rate of adverse credit ratings of ALL minority biz owners. poor work ethics....ethics period...result in poor outcomes for the po' old beaten down black man.

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Submitted by bladderq on Tue, 02/27/2007 - 10:10pm.

tr, you can just go back over to It ain't needed here. 93% ? Numbers don't lie / but liars can figure. I can make anything look like what you want it to.
I think even the people I disagree with the most or all the time won't stand for this nonesense. I think we all celebrate everyone's success and understand that WE all gain strength from that economic gain. I don't want to git into it to much but did minoritis own the recent blogs concerning Fat City or McAlister's? I guess they owned Buckhead Brewery. Do they own the empty storefront that was Fudrucker's? How about Eron? Delta? Gawd...I'd like some of that mooohla back.

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Submitted by Git Real on Mon, 02/26/2007 - 4:22pm.

Post a link so we can research your statistics please. I am an advocate of small business (minority or otherwise) and I am very interested in learning what you know. There is no doubt in my mind that Black owned businesses fail at a higher rate than that of White owned. But if 93% is the correct number then whoopty-do. The overall failure rates of ALL start-ups is reported to be 90%. So it seems that the Black biz failures are in line with the White biz failures.

Now if we're talking collection issues regarding B-2-B then my personal experiences are an approximate 5% deadbeat rate with Whites vs. an approximate 75% deadbeat rate with the black owned businesses. Please take into consideration that I speak only from the industrial segment of the construction industry.

I can further state that Black owned businesses that are owned by newer immigrants have a 100% or an A+ pay rating as compared to an F rating from the Black owned businesses whose owners were born in the USA. Go figure that one?


You don't need to defend a Lion. You just need to let him out of his cage.

C.S. Lewis

Submitted by Davids mom on Mon, 02/26/2007 - 3:43pm. back up your statement. There are many 'black' owned businesses in Fayette County who provide excellent customer service, a good product, and serve a diversified clientele. Do you know who 'owns' the businesses you frequent?

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