REFLECTIONS & LESSONS LEARNED FROM NEXTOPPSOCIAL INTERVIEW W/ SHARON MADISON

LESSON #1: ENTREPRENEURSHIP IS NOT SECURITY, BUT IT’S WORTH IT

LESSON #2: THEY SAY NECESSITY IS THE MOTHER OF ALL INVENTION & ENTREPRENEURS ARE BORN AND FORGED BY IT. BUT DEFINE LET’S NECESSITY.

HOW THE ACQUISITION OF THE JULIAN MADISON BUILDING CAME TO BE. A WHOLE LOT OF NO’S. PLENTY OF STUBBORN FORTITUDE AND BELIEF.

SURROUND YOURSELF WITH EXPERTISE & WISDOM. DON’T BE TOO PRIDEFUL TO ASK FOR HELP.

HARD WORK, COMMITMENT, SACRIFICE, DEDICATION

PARTING THOUGHTS AND TOUGH LOVE.

  • You have no choice but to invest (you get what you pay for) in an online social presence (with time or currency) or your business will die.
  • Get your documents in order. If you don’t have an operating agreement, contracting agreement, non-circumvent, and confidentiality agreement in your tool box, along with a host of business resources, stick a fork in your business….it’s over. What are these documents and why are they important? Read this article . And re-introduce yourself to your personal banker TODAY!
  • Excuses and complaining won’t save you. No one is coming to save you. You either make it your business to show up unannounced, learn what you need to learn, invest where you need to invest, or simply fail. This is entrepreneurship, not flag football. The market doesn’t care about your tale of woe.
  • You are an entrepreneur building in a capitalist economy. Capitalism is competition. And it doesn’t care about your hunger pains, or cries for equity. What if Jesse Owens simply resigned because the cards were stacked against him?
  • The pandemic exposed the fact that ebony business owners have a fragility problem: fragile savings habits; fragile adherence to basic business principles; fragile employment accounting tools, CRMs, marketing tools, HR tools…..
  • Too many are too busy trying to siphon money out the cash register without employing basic accounting and tax principles. The result being when opportunities present themselves (Paycheck Protection Program — Small Business Administration), too many are ill equipped to seize the opportunity .
  • If ebony men and women do not make the decision to invest in African American businesses, nothing is going to change. Remember, Malcolm & Martin, were gunned down when their commentary began to focus on economics.

--

--

--

I’m believe that change can occur when people are equipped with the tools to exercise agency in their lives. Entrepreneur. Writer. #catchjsbuford

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Where did you think the 8 hours 5 day work week came from?

How to Get a Product Management Job at Spotify

9 Great Presentation Tips to Influence Any Audience

A Conversation with Shannon O’Dowd

Standing out from the crowd: What you say about yourself without realizing it

Silhouette of a woman at an electronic show on the shoulders of someone else

Designing a great virtual meeting is more important than ever

Why Work With a Coach or Mentor?

Why you should separate OKRs and Performance Reviews

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
JuJuan Buford

JuJuan Buford

I’m believe that change can occur when people are equipped with the tools to exercise agency in their lives. Entrepreneur. Writer. #catchjsbuford

More from Medium

The Hotel Hitmen

Tamsulosin and Dementia in Old Age: is There Any Relationship? | Biomedgrid llc

Where is the Housing Market Going in 2022?

Under New Ownership: The Community Collective for Houston Purchases The Power Center