Monday, October 14, 2019

How to Finance a Black Women-owned Business in 2020

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 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 actionable information you can use to get financing for your business.

RSVP at:

The feedback from the our 2018 webinar, held on July 18th, August 10th and August 24th, was uniformly positive. (For a Black Enterprise article on that webinar, see: ) Eighty five percent (85%) of our customer satisfaction survey respondents found the webinar useful. Seventy one percent (71%) rated the webinar excellent.



• Business Planning
• Your business credit history: Dun and Bradstreet
• Data and Resources for Black women businesses
• The best non profit, local/state/federal resources
• Steps in the business financing process
• Protecting your ideas: intellectual property rights
• What type of financing products and sources/investors/lenders are best for your business: banks, credit unions, factors, hard money lenders, crowdfunding, credit cards, venture capital, digital currency, ICOs.
• Why you should seek out venture capital these days. Which ones to go to. How you should approach them.


Saturday, October 12, 2019

Fully Adjusted Return Economic Forecast for 2020

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

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: )

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:

As we noted on Oct. 5, 2006, forecasting the development of cryptocurrencies: "competitive advantage with respect to capital access is available to any country with significant economic potential and a modest telecommunications infrastructure."

A review of our Texas Black Economic Forecasts can be found at:

We discuss economic indicators for 2020 in light of critical risk factors.

1. International instability.
2. Domestic social and cultural instability.
3. US Policy: We describe the unintended consequences from the impeachment effort in the House.
4. Technology and large financial institutions.
5. Environmental factors/issues.
6. Libra, Bitcoin and digital currencies.
7. Investment Market Forecast.

Since these risks are not evenly distributed. we detail which business sectors and geographies will be safer (and thus more profitable) than others. We also discuss where to look for positive factors in certain American political institutions and commercial entities. Finally, we discuss timing and synchronicity.

(Our June 11, 2016 Fully Adjusted Return Election Forecast, which correctly predicted Donald Trump's win, can be found at:
Everybody has an opinion. We have a track record.