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Our Founder Would Like Your Comments [VIDEO]

BLF’s Founder Jai Stone would like to solicit your comments on her recent interview with Alfred Edmond, Jr. , SVP/Editor-at-large of Black Enterprise Magazine.  Ms. Stone was given 10 minutes to interview Mr. Edmond about the challenges facing minority/women entrepreneurs.  Please review the video below and add your comments.  In the next few days, your comments will be tallied and the blogger with the most comments will be given a pass to the Black Enterprise Conference.  It is conferences like this that will allow Black Love Forum to become a thriving business and expand our mission.  It would be greatly appreciated if you would share with friends and encourage them to comment as well.

  Issues Addressed: 

  1. Financial challenges  (time mark – :14)
  2. Access to the right FINANCIAL connections (time mark – 1:15)
  3. Financial education (time mark – 1:38)
  4. Support, exposure and mentoring (time mark – 2:24)
  5. The ‘fairy tale’ of entrepreneurship (time mark – 2:35)
  6. Diversifying your clients base (time mark – 4:02)
  7. Taxation and political challenges for small business (time mark – 6:12)
  8. Serial entrepreneurship (time mark – 7:20)
  9. Advice to NEW entrepreneurs (time mark – 7:50)

 

SKYPE INTERVIEW WITH ALFRED EDMOND & JAI STONE

 

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69 Comments

  1. March 26, 2012 at 2:36 PM

    Great interview, Jai!! I’m glad you asked about access to capital for women owned businesses. It’s good to have tips on savvy ways to fund your start-up.

  2. Jennifer Cash
    March 26, 2012 at 4:15 PM

    Great questions. Very informative even if you are just considering owing a business.

  3. March 26, 2012 at 4:17 PM

    Sorry for the typo. Meant “owning” a business. 🙂

  4. March 26, 2012 at 4:32 PM

    Great job Jai! This interview provided insight on things we as entrepreneurs don’t think about, along with insight on things that can better position us. Thank you for this great and informative platform.

  5. March 26, 2012 at 4:38 PM

    Awesome interview, topics and points discussed. I like leading with the resource capital question because we all need that in order to start our business. Thanks for also bringing attention to the taxation process and how our activities in the political process play are part in our results, regardless of political party affiliation.

  6. March 26, 2012 at 5:57 PM

    Jai, great interview! The key points I picked up were:

    1. We need access to networks
    2. Get outside of your comfort zone
    3. Networking & Mentorship are key
    4. Our own community should be the floor, not the ceiling. Create products/services that appeal to broader audiences.
    5. Don’t isolate yourself. Get around other entreprenuers so you don’t have to recreate the wheel.

  7. March 27, 2012 at 2:02 AM

    Excellent interview! I appreciate the question about getting the support from our like gender/culture. Alfred’s response regarding serving the broader marketplace was definitely insightful especially using your target market/niche as the floor, but not the ceiling in building/growing your business.

  8. Mocha
    March 27, 2012 at 8:49 AM

    The dialog with great and soo timely. As a women in the corporate strata, I do find that the PSA’s that promotes mentorship and inhouse networking for women and minorities do exist, however; there are women who are not comfortable in expanding their networking relationships to get to the next level or branch out into the entrepreneurial world. The pointers provided were encouraging.

  9. March 27, 2012 at 11:22 AM

    That was a very informative interview and not only that you were very polished in your questions and accuracy with response which shows your level of professionalism. I feel you represented the Women entrepreneurs very well and it definitely sparked my interest in wanting to expand my network. It is really all about who knows you and how you market yourself. I appreciate you for sharing this interview with us, I will be sure to share it with others.

  10. March 27, 2012 at 1:04 PM

    Very informative video. Thanks for asking the much needed questions Jai! Great job!

  11. March 27, 2012 at 4:15 PM

    It’s definitely important to get outside your comfort zone, fight your fears and go out there to make those necessary connections that will help take your business further faster. I went to BE Expo last year and met you Jai, one of the best connections I’ve made in a long time. Love what you are doing! Kudos -lh

  12. March 28, 2012 at 10:00 AM

    Great conversation! Loved your questions and his advice. Kudos to you for sharing this valuable information with other entrepreneurs.

  13. March 28, 2012 at 10:02 AM

    Excellent interview! I especially loved the advice about getting out of your comfort zone. It’s so important to remember that even as well meaning people may try to pigeon hole you as a minority/female business owner.
    Very informative!!

  14. March 28, 2012 at 10:03 AM

    Great work and information shared in this video. Entrepreneurs and small business owners can both benefit.

  15. amanda
    March 28, 2012 at 10:58 AM

    Great video as a black female entrepreneur it was very informative thank you so much for the information you have me locked in for good! xoxoxo

  16. March 28, 2012 at 10:58 AM

    Dope interview. Slowely but surely, women’s issues as employees, business owners and entrepreneurs are making it into the everyday conversation

  17. March 28, 2012 at 11:32 AM

    Great interview and extremely interview. Thanks for representing and asking key questions that would assist future entrepreneurs. Good Luck!

  18. March 28, 2012 at 12:56 PM

    Get access to the right networks! I would also ask how to get into the right networks that lead to the “angel investors” etc. Great interview Jai Stone! I like your point about not limiting our target market “our community is the floor and not the ceiling.”- Alfred Edmond.

  19. March 28, 2012 at 5:59 PM

    Awesome interview.

  20. March 28, 2012 at 6:37 PM

    Thanks so much for taking the time to comment.

  21. March 29, 2012 at 8:11 AM

    I agree Jennifer, its important to know what you are in for.

  22. March 29, 2012 at 8:12 AM

    Tameka, thanks for taking the time to comment. We are on the same page about positioning. Its a real staple in the floor plan of success.

  23. March 29, 2012 at 8:14 AM

    Michael, I greatly appreciate the time you invested in viewing the video. It never dawned on me that being politically involved should be part of my business strategy.

  24. March 29, 2012 at 8:15 AM

    Thanks @Mairo. Mr. Simpson was a big inspiration for some of my questions.

  25. March 29, 2012 at 8:18 AM

    @Stephania I’m glad you found it informative. As a new entrepreneur I’m hoping we affect more newbies.

  26. March 29, 2012 at 9:07 AM

    @Mocha, mentorship has been a key game changer for me in growing my endeavors.

  27. March 29, 2012 at 9:09 AM

    @Bianca, I’m really happy we connected. Thanks for all your kind words, at the end of the day, my greatest hope is to be of service. Please consider me a strong part of that network.

  28. March 29, 2012 at 10:09 AM

    @LaShanda as a self confessed introvert, I will say that I had to really push past my fears. Since meeting you, you have quickly become one of my most valued mentors.

  29. March 29, 2012 at 10:10 AM

    Thanks so much @Wifey! It’s all about sharing and building a strong support community.

  30. March 29, 2012 at 10:12 AM

    Gracios @Renee. We KNOW that comfort zone thing is social suicide.

  31. March 29, 2012 at 10:12 AM

    Coach Steph, you know I appreciate your insights. Thanks for sharing.

  32. March 29, 2012 at 10:14 AM

    @BrothaTech…lol ‘dope’ that you dropped in. Thanks for the RTs too.

  33. March 29, 2012 at 10:15 AM

    @Patrice, thanks for being so consistently supportive.

  34. March 29, 2012 at 10:16 AM

    @Delisha, angel investors could save thousands of small businesses every year.

  35. March 29, 2012 at 10:16 AM

    @Shasedy, I appreciate the consistent support.

  36. March 29, 2012 at 10:17 AM

    @Amanda..xoxo back to you. I just looooveee new followers!!

  37. March 29, 2012 at 10:18 AM

    Thanks @Ananda. And your comment came in on Digital Sisterhood Wednesday no less…ironic!

  38. March 29, 2012 at 12:10 PM

    Jai! I really enjoyed the piece! Having access to the “right” network and applying financial education is key to going from point A to B. I have learned just being in the presence of others like you “doing” what it is that you want to do is great energy that helps you stay the course!

  39. March 29, 2012 at 1:17 PM

    Great Interview. It really enjoy the recommendations Alfred has suggested, especially the one about being active and knowledgeable in regards to political affairs. All the points, that were highlighted are extremely important for minority entrepreneurs. Great Job!

  40. March 29, 2012 at 5:03 PM

    Hello Jai,

    I enjoyed your video. I faced many of the concerns you raised in this excellent video. I owned a document imaging company in Iowa and was fortunate enough to be able to raise 2 million dollars through Angel investors. I firmly believe it is very important to meet people where they are. I launched my fundraising by attending a seminar that was given by a stockbroker who gave investment advice to many small investors. I sat in the first row of his seminar and asked several questions throughout his presentation. I also stayed and spoke with him after his presentation and scheduled a follow up meeting with him. We developed a relationship and he eventually recommended my small company to his investors. My point is that people are people and it is important to take the time to meet and get to know people who can help you in a genuine way.

  41. Luvv... Moment
    March 29, 2012 at 10:14 PM

    Great interview and the conference is always informative, I hope that you win and get to share even more great info!

  42. March 29, 2012 at 10:36 PM

    Excellent job. Tell them to get your ticket ready.

  43. niclaos
    March 29, 2012 at 10:52 PM

    Good words from a wise source.

  44. March 29, 2012 at 11:59 PM

    I liked the questions here. Valuable and practical information was gleaned from interviewee. Great work, Jai!

  45. March 30, 2012 at 11:04 AM

    Thanks @Pree for taking time out of your crazy schedule to glean some insights. Always having a thirst for knowledge is a strong component to personal and professional growth.

  46. March 30, 2012 at 11:06 AM

    @Bruce, what a powerful testimony. You solved your financial problem through relationships and visibility, 2 keys we covered in the interview. Thanks for stopping by.

  47. March 30, 2012 at 11:07 AM

    @Luvv, I hope I win too! I have attended the last 2 conferences and they have been awesome!

  48. March 30, 2012 at 11:09 AM

    I completely agree @M.Cole! Financial education is something sorely needed in our segment of the market.

  49. March 30, 2012 at 11:10 AM

    @Michelle, from your keyboard to God’s ears…I’m ready to pack my bags!!

  50. March 30, 2012 at 11:12 AM

    Thanks Angeline for showing your usual support! I greatly appreciate my BBWO family!

  51. March 30, 2012 at 11:12 AM

    Thanks a bunch for stopping by @Niclaos!

  52. Leslie Duhe
    March 30, 2012 at 12:15 PM

    Jai,
    Great Interview. Finance has always been an issue for minority and female owned businesses. Thinking outside of the box when it comes to not only finance but the structure and management of a business is key. I especially liked the question about pitfalls. As a business owner I understand the pitfalls that are involved and the importance of taking a step back to re-evaluate. Anyone who wants to start a business should know that there will be challenges; financial, emotional, physical and spiritual. Just keep it moving…

  53. March 30, 2012 at 1:26 PM

    @Leslie, thanks for making the effort to comment. Pitfalls for entrepreneurs is a topic that is hardly ever addressed.

  54. March 30, 2012 at 1:56 PM

    Great interview Jai. I thought the point about not isolating ourselves, especially as new entrepreneurs is so important. Many of us can get caught up in building businesses online we tend to forget the value in networking and building relationships offline too!

    Enjoyed this, thanks!

  55. Angelo
    March 30, 2012 at 2:16 PM

    I enjoyed the question answer section. Getting with other like minded entrepreneurs is what has driven my success. Keep it up Jai. One thing he did not mention is reading, studying, and teaching.

  56. March 30, 2012 at 2:27 PM

    @Tamyka, I must say that I have been very guilty of isolation. I’m very much an introvert…so that part was hard. I finally conquered it though.

  57. March 30, 2012 at 2:28 PM

    @Angelo, I agree with you on the self education point. I spend lots of time reading blogs and magazines. They are a quick read and offer relevant up to the minute info.

  58. Lisa Williams
    March 30, 2012 at 2:30 PM

    Great interview. One can never have too much information regarding finances.

  59. Monica
    March 30, 2012 at 4:50 PM

    Great interview & very informative! Way to go Jai!

  60. LaTosha
    March 31, 2012 at 7:53 AM

    Your have asked detailed questions to really engage Mr. Edmond in this dialogue. I have learned from this interview the importance of seeking that common interest support (mentorship) when in business. Also, I’ve noted the significance of having a political awareness of the financial aspects of tax laws when running a small business. Great Interview!

  61. Jeff
    March 31, 2012 at 8:10 AM

    Jai, I enjoyed this video. I am really motivated by the question you asked pertaining to the Anderson’s experiment. This has prompt me to broaden my horizon and think from a different angle about our community and our increasingly shrinking “mom and pop stores”. This is definitely an opening for many more conversations dealing with black businesses and our lack of support for them. Mr. Edmond said we should view our community as a “floor of opportunity and not the ceiling”. However, I wonder how do we motivate our communities to support our own businesses? Jai, where can I get more information on the Anderson experiment mentioned in your interview?

  62. March 31, 2012 at 12:18 PM

    @lisa, I agree. Thanks for your support.

  63. March 31, 2012 at 12:19 PM

    @Monica, I appreciate all your support.

  64. March 31, 2012 at 12:22 PM

    @Jeff, So glad this prompted some internal investigation. Also,here is a link to the Anderson’s website. Also they wrote a book on their experience called “Our Black Year”. http://eefortomorrow.com/EE_Book.html

  65. March 31, 2012 at 12:23 PM

    @LaTosha, no words can describe how valuable mentorship has been to me. I’m at a point now where I can pay it forward.

  66. March 31, 2012 at 8:49 PM

    Thank you for addressing the fairy tale of being a business owner and sharing a more realistic picture of entrepreneurship.

  67. Kam
    April 1, 2012 at 7:15 PM

    What an awesome interview!

  68. debora
    April 2, 2012 at 8:39 AM

    Good job! Well said and informative!

  69. April 5, 2012 at 9:25 AM

    Great Interview…thanks for sharing