20 Posts: Doubling Down on Blue Blood Hustle

By Talib

20 Posts: Doubling Down on Blue Blood Hustle

“Be The Change You Wish to See in The World” — Mahatma Ghandi

I was 2 years old when the Ghandi film was released, and was 7 years old when I sat down with my parents to watch the film. I remember vividly the compassion and sense of urgency that Ghandi harnessed to change the lives of his fellow country men and women against the factors that were restricting their ability to live their best life. Let me be the first to say, I’m not a Ghandi — however I do embrace the sense of urgency that he did to organize change and drive resources to the issues of the day. The issue of our day is the lack of support to create and sustain thriving entrepreneurial ecosystems.

According to Entrepreneur Magazine there are between 25 million and 27 million small businesses in the U.S. that account for 60 to 80 percent of all U.S. jobs. And, a recent study by Paychex, says that small businesses produce 13 times more patents that larger firms {Fortune Magazine}. It is up to us to reinvest in ourselves and our business community to create generational wealth and a fertile ground for years to come.

Over the next 20 posts I will be adding a story per day that demonstrate the need for us to reinvest in us. Please tune in and support our project.

Your contribution will help us create our state of the art learning + innovation studio in the heart of Durham’s Walltown Community! Through your contribution, we will offer programs that focus on Small Business & Economic Development & (building business, sustainability, funding) Home Ownership and Retention, Technical Education (e.g., Coding, Blockchain), Artrepreneurship, and many others. This will be a place to think, learn, and grow!

Post 2 | Defiance Pays Off — When we first came up with the concept for Blzck Wall Street Homecoming, we were told by a few that it was “too black”, and that we would “marginalize ourselves”. I wrestled with that for about….say 24 hours….eh. I feel that those folks misunderstood the power of cooperative economics as well as the prevailing energy within the black community to organize, pool resources, and to ultimately build organizations/events/businesses that are counter to the narrative being portrayed within the media. We created Black Wall Street Homecoming in 2015, at a time when then President Barack Hussein Obama was entering his last term as POTUS. His administration ushered in groups of people to the White House that would have otherwise not had access. At this same time one the brightest entrepreneurial personalities on TV, Daymond John, the creator of For Us By Us/F.U.B.U was demonstrating the power of entrepreneurship and venture capital, this was all happening at the height of the Blacks in Technology & Entrepreneurship movement with teams of folks hacking on new businesses from coast to coast. It was time build something new.

Black Wall Street Homecoming is designed to provide value to an entrepreneurial community that is often overlooked and underserved, our goal has always been to pass it forward and hack the system. When HBO decided that our mission was aligned with that of the film The Defiant Ones, the story of Dr. Dre & Jimmy Iovine’s founding of Beats by Dre and ultimate sale to Apple Music for $3Billion, they asked us to host a private screening in Durham. We were honored and also encouraged to double down on our work. We all need validation that our work is impacting the people it was designed for. Thanks to: HBO, Dr. Dre, Jimmy Iovine, Chaucer Barnes, Allen Hughes, and Steve Stoute for Pushing the Culture Forward. I encourage each one of us to push forward with a tenacity and urgency to build entities that drive change and create value!

Post 3 | Legacy, Legacy, Legacy | The First Black ($) Contribution to Duke University— When I first heard rumors throughout my family that my Great Uncle Frank Wall had made arrangements with Duke University (his employer) for all of the Wall descendants to be able to attend for the university for free, I said “show me the receipt”. I spend some time digging and was able to find a receipt (spoiler alert — it doesn’t spell out that we can go for free (yet)).

This receipt signifies something very important — it was the first scholarship gift from an African-American to the university. My Great Uncle (1871–1953) & Great Great Grandfather (1856–1930) both served as a custodians and janitors at Duke University with a collective 75 years of service up until the death of my uncle. His last will and testament bequeathed a scholarship of $100 ($1,200 today) to the University, his rationale was as follows; “The reason that I am giving Duke University the One Hundred Dollars,” the will states, “is that I have been employed by said School all my life, from Old Trinity in Randolph County, to Trinity College in Durham, thence Duke University where I am now employed. I want to impress on other colored men, the fine and good relations between Christian White People and Christian Negroes. For seventy-five years, I have been employed by said institution and never a cross word but Christian Harmony.” It would not be until 10 years later that blacks would be admitted to Duke University.

Not too bad for a second generation custodian & janitor from Durham! Since his passing my Walltown family has remained rooted in the community, and host the annual Walltown Reunion and in 2009 advocated for the creation of the Walltown Neighborhood Clinic. Our community has stayed strong through the demographic shifts (gentrification alert), and in order for us to strive for another 150 years we have to Double Down and reinvest in ourselves. Please contribute and read more about our legacy (Article I & Article II)

Post 4 | Study / Impact / Reinvest | Albert Einstein went to an HBCU. They say a picture is worth a thousand words — this is that picture . In the 20 years before Einstein died, he almost never accepted invitations to speak at universities. In 1946 he broke his self-imposed rule to give an address in Philadelphia [Lincoln University] and also collected an honorary degree- this is an excerpt of what he had to say: “There is … a somber point in the social outlook of Americans … Their sense of equality and human dignity is mainly limited to men of white skins. Even among these there are prejudices of which I as a Jew am dearly conscious; but they are unimportant in comparison with the attitude of ‘Whites’ toward their fellow-citizens of darker complexion, particularly toward Negroes. … The more I feel an American, the more this situation pains me. I can escape the feeling of complicity in it only by speaking out.”

Einstein’s speech shortly thereafter at Lincoln University was not a coincidence. At Lincoln University he declared: “The separation of the races is not a disease of colored people, but a disease of white people. I do not intend to be quiet about it.” But according to Fred Jerome, who has written extensively on Einstein’s collaboration with the organization “The American Crusade to End Lynching,” the press largely ignored this speech, letting it sink into “a historical black hole.” Einstein showed great courage in saying and doing what others would not. Excerpts taken from Rhapsody in Books & Blavity [Read More] — LET’S CONTINUE TO BE THE CHANGE WE WANT TO SEE IN THE WORLD!

Post 5 | USA Today |How a start-up hub made good on diversity goals — From 2015–2016 I served as an Entrepreneur In Residence with Google for Entrepreneurs & Code2040 in Durham. As an EIR I had two assignments 1) work hard on my startup 2) be a change agent to get more access to black and latino’s in tech, entrepreneurship, and access to capital. In 2015 USA Today wrote a piece about our work at American Underground in Durham. The Fact is Simple — Diversity is good for business — Here are 5 Reasons Why: Increased Creativity, Foster Innovation, Better Consumer Understanding, Richer Brainstorming, Better Decision Making (Read More @ Inc MagArticle). The team at American Underground embraces that, and that is its Unfair Advantage!

Take a few mins and read the original USA Today article — “While we’re far from finished, our success so far suggests four important pathways to developing a more diverse startup community: prioritization, leadership, partnerships and exposure”. Shouts to @AdamMKlein @Jesaverhart @mollydemarest and the entire AU Team on their commitment to D/I.

Post 6| BWS Homecoming, Whoa — This marks year 4 of BWS Homecoming, an organization that I created with my 3 co-founder; Jesica, Dee, and Tobias. For the past year we have been planning our breakout year for BWS. This means late nights, countless introductions, fund raising, and all the falls in between. Please excuse me if I am a little slow on the daily post! Wish us luck!

Post 7|BWS Homecoming|Day I — Reading is fundamental for business. When I was a teenager my father purchased the Reginald F. Lewis book “Why Should White Guys Have All The Fun” for me. When I read the book as a teen I was encouraged by learning about the many successes of Mr.Lewis, however I didn’t pick up on the nature and significance of his business dealings as a young man. With a slight nudge from one of my mentors I picked up a copy again this summer — this time I knew exactly what Mr. Lewis had accomplished and what fueld his hustle. While rereading the book I could now understand the language and complexity of the businesses he created from Startups to M&A. Throughout the chapters, the name Rene “Butch” Meily (V.P. Public Relations for TLC Beatrice) came up so I decided to see if I could find Mr. Meily on the internet. After a few mins I found Mr. Meily on linkedin and sent him a message! Fast forward 2 months, Mr. Meily presented the Reginald F. Lewis story at BWS 2019. Stay tuned for more on this incredible connection and story.

Post 8|BWS Homecoming|Day II — The surge of Blue Blood Hustle during BWS is real! Special thank you to our keynotes, Jim Casselberry and Arlan Hamilton Fred Whitfield, Rene Meily as well as the hundreds of special guest and speakers who made BWS 2018 (Sept 26–28th). BWS feels like a gift, over the past four years our team has been able to pull off a homecoming baked in a culture of giving, camaraderie, and excellence. Consider joining us in 2019, and lending your support throughout the year — its our duty to Pay it Forward. Check out the video with Arlan Hamilton (below).

Post 9 | We Made The Paper! — With your help we made the paper! As many of you know I am building an Innovation & Entrepreneurship Studio in Durham. Please take a few minutes out to read the article and please contribute where you can. This will be a place for all of us!! Read Full Article Here.

Post 10 | On the way to our goal — $10,000+ Raised! — With your support we have eclipsed the $10,000 fundraising mark and received contributions from over 40 people. This means a lot, thank you. As we enter the remaining 10 post of our campaign I am asking you to please continue pushing out the word and contributing where you can. Lets make this a success! Click Here To Contribute.

Post 11 | We Closed, It’s Ours! — We closed! Today marks a big day for me. This is my first piece of commercial property within the heart and soul of Durham, its located in a community named after my Great-Great Grandfather. We are still ideating on the precise details of opening — but just know this will drive Design + Impact in a new way. Special Thanks to Mechanics & Farmers Bank!

Many of your generous contributions made this happen, Thank you! If you haven’t yet contribute please read more and donate here — it’s tax deductible.

Post 12 | Get Your Knuckles Dirty

If it was easy, everyone would do it! Please contribute here.

Completing demolition works looks like fun — we get to get a little aggression out while hacking closer to the vision — but they don’t tell you that it can be a pain in the a**! The pain is well worth it when you get to finally see what’s behind the walls and carpet!

To Date:

-We have brought in six small business owners (sub-contracting), it feels good to put money in the local economy!

-Demo’d a drop ceiling, 38 feet of drywall (twice!), and removed 15 year old carpet!

-Hauled away over 1,200 lbs of debris!

…and created a shell ripe for renovation!

We still need your help — now that the Holiday’s are over and the gifts have been given — please consider us, we will put all contributions to use completing our build-out and releasing our first schedule of programming (read more below). If you are just tuning into our campaign — read more here (via Medium).


Leave a Reply

Step 1: Specify your contribution amount for DirectlyTo: General Donation