Professional Documents
Culture Documents
HFT Black Business 1-2
HFT Black Business 1-2
It's physically impossible for Blacks to compete in every kind of business in ever community. We
will have our greatest impact if we exercise Black co-operative (mutual assistance in working to-
ward a common goal) involvement primarily within those businesses in which we have some com-
petitive advantages. Co-operative integrates businesses translate into industries. We should seek
out key industries and strive to create a monopoly. A monopoly, through Black co-operative inte-
gration, locks out competition. Co-operative businesses can control markets, resources, research
and other complementary activities. The competitive advantage remains whether the businesses
are local or national. Black businesses must also be co-operative organized in production and paral-
lel (running in the same direction) in marketing.
Once a Black business or industry has succeeded in building a co-operative industry in one Black
community, it should then spread parallel across the country into other Black communities, until it
has control of all its home markets. This co-operative movement, followed by parallel penetration,
allows Blacks to establish closed-loop production and marketing networks for the private use of
Black businesses.
Please share if you know of anybody that could benefit from this knowledge.