Showing posts with label black success. Show all posts
Showing posts with label black success. Show all posts

Sunday, March 1, 2009

Dr Boyce Watkins: 10 Thoughts about the State of the Black Union

By Dr. Boyce Watkins

www.BoyceWatkins.com

I love Tavis smiley and I love the State of the Black Union. I must also admit that my mouth (which my mother used to say will either “make me great or get me killed”) has probably burned any bridge I’ve had with Tavis, thus implying that you will likely never see me on a panel at The State of the Black Union conference. I am ok with that, since I don’t like traveling when I don’t have to, and I don’t like the idea of having to kiss pinky rings of old school leadership in order to fit in (once you accept someone’s support, you can become beholden to them, reducing your ability to be honest). Beyond that, I have a nasty habit of telling the truth, which is neither profitable nor popular. So, the Your Black World Coalition is going to be my venue of choice when it comes to matters of Black Public Policy. Our corporate sponsors are clean, which means that we have a green light to do what’s right without worrying about offending Exxon Mobile, Walmart, The Republican Party, or McDonald’s. Again, I say this with all love and respect for Tavis Smiley.

As a Finance Professor who has spent the last 20 years studying money, I want us to understand the nature of how financial incentives can play a role in the nature of a forum such as The State of the Black Union. This is especially true in the midst of a financial crisis, during which our financial challenges may lead us to make decisions that are not always in the best interests of our constituents. I want to make it clear that my commentary on the State of the Black Union in the past has not been intended to be destructively critical in any way, as I feel that the forum is an important and necessary component of the Black community. But I am going to propose some quick thoughts about the State of the Black Union that should be considered for the future. If this venue is to be considered an important component and gathering of some segments of Black leadership, it is critical that we understand how to properly manage the temptation by some to use the venue as a source of power.

1) Corporate sponsors should be properly vetted: If the State of the Black Union is to be presented as the pseudo-diplomatic forum that Tavis Smiley wants us to perceive it to be, then just any old sponsor simply won’t do. No banks accused of predatory lending using the venue to wash away their sins with a donation to the Tavis Smiley Bank account. No firms trying to sell liquor, tobacco or other products. No companies which appear to get rich from exploiting the poor. All potential corporate sponsors should be evaluated by an unbiased committee and careful consideration should be given to the nature of the donor, where the money is going and other ways that the sponsor must prove their interest in serving the community. President Obama would never allow his State of the Union address to be sponsored by enemies of his country, but that is what we are doing if we allow any dirty corporation to walk through the door to give us money for our forums.

2) Consider the political agendas: I went to a great conference a couple of years ago in Atlanta, and wondered why there were so many videos and speeches being shared that had nothing but good things to say about the Bush Administration. It didn’t take me long to figure out why – The Bush Administration was a major donor to the conference, and in exchange for their money, they wanted the organizers to persuade Black folks to become Republicans and to love George Bush. I don’t think it worked. The lesson to be learned is that taking care of the gatekeepers can mean that those behind the gate are being manipulated. Don’t let another man sell your brain. If your brain gets sold, you should get the money.

3) Be careful with the Obama-Haterology: It doesn’t take a rocket scientist to know that Tavis Smiley was a clear “homie” to Hillary Clinton. This close relationship, as well as some hope that he might be her Press Secretary, led to some “interesting” words being fired across the aisle last year as Barack Obama chose not to attend the conference. This forum is designed for the people and should not be used to reflect the personal agendas of a few powerful men. One must draw the line between carefully considered critiques on The White House vs. politicized attacks in response to being “dissed”. I too have critiqued our president, but I have always wanted him to succeed.

4) Kill the self-righteousness: There is no boss of the Black community. We are not children who need to be told what’s best for us. Being of a strong religious background, Tavis Smiley can sometimes become more of a preacher than a leader. There is this idea that he and a few others know the solutions and the rest of us don’t have a damn clue. Please get over your selves….we’re all smart people. This does not, for one second, imply that strategic and intelligent guidance cannot be meaningful. But this guidance must be balanced with mutual respect for the people you are serving.

5) Kill the “flossing”: Sometimes, when people get on their respective soap boxes, the forum can become a contest of who can make the most earth-shattering, slap-ya-leg, koolaid-coming-out-of-your-nose, “hoo-hoo-she-sure-is-funny!” moment. Due to the presence of media, which many people on the panel are seeking by attending this forum, we can be pressured to entertain more than enlighten. While entertainment is excellent, the focus must be on commentary which educates the public. I encourage the audience to watch the forum and listen to the content and substance of the rhetoric, and not be swayed by distractive inflections, body language or vocal tones. Some of us are very good at saying a lot and saying nothing, all at the same time.

6) FYI – Here is the source of Smiley’s power (for which I congratulate him): He gets C-span to show up and he has access to major White corporations. Were there no media and/or no corporate sponsorship, The State of the Black Union forum would cease to exist. This is not to disrespect the nature of the platform, but to help those who don’t understand business and media to see why so many of our leaders flock to the forum and why many Black leaders gladly appear on Fox News. Since they don’t have any other outlets for their work, this is one of the few provided. This gives a great deal of power to the owner of the platform, sort of like having the only grocery store or hospital in town. When Black folks get more ownership of media (even online media), the need to succumb to the power of others will cease to exist.

7) This is not the only forum in Black America: Kevin Powell, a man who will eventually be elected to Congress, holds Black male empowerment forums in New York City. The “Your Black World Coalition” has done amazing work in the past. “Color of Change” engages in meaningful, effective protest that is not sponsored by any of the corporations known for the exploitation of African Americans. “Dangerous Negro” is a group of young, intelligent brothers who are changing campuses across the world. Tavis Smiley’s insinuation that The State of the Black Union forum is the place you must be if you truly care about Black people is simply wrong. You can be in a lot of places and still care about Black people, which is why there are a lot of Black Bloggers, Black leaders and Black business people who are choosing not to attend The State of the Black Union.

8) The Money Makes a difference: I am a Finance Professor, which makes me the last person to criticize anyone for showing up to collect the cash flow. But the truth is that money is POWER. Money determines what we do and who we do it with. So, the idea that (what some consider to be) one of the most critical forums in the Black community is driven by corporate sponsorship granted by our historical oppressors is a very serious and problematic contradiction. I encourage us to find ways to sponsor other forums without sponsorship from mainstream corporate America so that we can speak real truth to power.

9) The Covenant with Black America: This is a great book. But it is still just a book. It is a book written to make a profit. When you see the book being advertised to you, there is a business model designed to sell the book. It is not the most important book in Black history, it is not necessarily a “must-read” for you and your kids. It’s just a book. Remember that. If the advertisers convince you that it is a “must-read”, then they’ve achieved their corporate objectives.

10) We need Tavis Smiley: Tavis, like most of us, has to make a living. He has done an amazing job with his work and platforms, and like the rest of us, he is not perfect. If you are compelled by his work, you should support him and support The State of the Black Union, I know I will. Also, just because Tavis seemed to have personal reasons for his attacks on Barack Obama, that doesn’t mean that his critiques were invalid. Yes, we have a Black President, but we need Black leaders. The greatest Black leader in the world is the one you see in the mirror. Get out there and do your thing.

Dr. Boyce Watkins is a Finance Professor and author of “What if George Bush were a Black Man?” For more information, please visit www.BoyceWatkins.com.

Sunday, January 25, 2009

Success is Manufactured Say Lawrence Watkins of Great Black Speakers


by: Lawrence Watkins

I remember it like it was yesterday. I’m sitting in Perkins Restaurant as we finished our Friday morning bible study class in Louisville, KY. With me was Carl Brazley, my closest and most creative mentor. We were about to start one of our usual mentoring sessions that we had about once per month. This session was special as he shared his wisdom about success that has become fundamental in my life philosophy.

Mr. Brazley asked me two questions right off the bat: “What does success mean to me?” and “How will I go about achieving it?” I shared with him my personal mission statement that I had recently developed at the LeaderShape program in Champaign, IL. It states that “I want to become a tycoon politically, socially, and economically so that I may have a positive impact on my community.” Mr. Brazley then said, “That’s great! Now how are you going to ACHIEVE your mission?” This was the question that I was still trying to figure out. I had seen ultra-successful all around me in person or on TV, but I found the process mystifying at times.

Mr. Brazley continued, “Lawrence, don’t believe the hype that you see on TV when it comes to people who you view as successful. The media loves stories about self mad millionaires and billionaires, but rarely are they self made.” What he said next changed my perspective, “Here is what they [the media and often the individual in question] don’t want you to know: Success is manufactured! Many successful people have other hidden influential people in the background guiding them on the right path. Giving them the connections that they need to accelerate their success. This is what I am going to do with you Lawrence.” Whoa!! Talk about some heavy material!

The Real Secret Sauce of Success

I researched the statement that Mr. Brazley made further and I started to read more about individuals who I view to be successful. I was very surprised at the results/trends that I found. Let’s start with Donald Trump, the King of the Self Made…His father had over $100 million in real estate by the time he was born. Warren Buffett (a major influence in my thinking), the Sage of Omaha… His father was a stockbroker and four-term congressman from the state of Nebraska. What about Bill Gates? His mother sat on the board of directors of a bank and his father was a prominent Seattle attorney. The more people that I researched, the more surprised I became. Then I started to feel apprehensive, “What do I need to become successful?”

There are two things that I don’t want to happen by sharing this story with you:

1. I do not want to relegate or belittle the accomplishments of successful people just because they come from a well connected family. The people mentioned above are all extremely intelligent and have a strong work ethic. It’s also important not to hide facts about people’s environment as if that doesn’t play a critical role in success.

2. I do not want you to feel like the situation is hopeless if you don’t come from a rich and powerful family. Throughout this article, I’m going to teach you how to create your own “synthetic power family.”

Your Synthetic Family of Networks

If you don’t come from a rich and well connected family, do not worry about it. It is not the end all, be all. In fact, I know many people who come from well-to-do families, but their lives are in shambles. Money and entitlement can be hindrances to living a WEALTHY LIFE just as much as they can be assets. I come from a solidly middle class family where my father was a high-ranking police official and my mother was a high school guidance counselor. I was able to use this base to expand even further and broaden my experiences to study at Phillips Academy Andover, Carnegie Mellon University, and now Cornell. The most beautiful part is that I have paid very little for my educational experience and it’s because I created a synthetic family to help me achieve my goals.

A synthetic family is not the family you were born with, but one that you created that helps provide the resources you need to accomplish goals. I’m not just talking about money, but also advice and connections as well. Having a synthetic family is not a substitute for your real family, proper planning, or an intelligent work ethic (see my Pareto and Parkinson article). I view the synthetic family as an accelerator of the success process. The great thing about the synthetic family is that it is easy to start and replicate.

Be Your Own Barack Obama

After President Obama (wow, that sounds great) won the election for United States President in November, he had to move his actions from campaigning mode to governing mode. Immediately, Obama selected Rahm Emanuel as his chief of staff and then dozens of other appointments were announced in the following weeks. President Obama surrounded himself with individuals who have a greater knowledge about different aspects of governance than he does. When President Obama and his advisors meet about the current economic situation, the advisors give their expert opinions about what Obama should do. After that, President Obama escorts them out of the room and then makes the decision he feels will be best for the country.

I ask, “What’s keeping you from being your own Barack Obama?” I urge you to assemble your own personal board of advisors to help you when you have a tough decision to make. There is not a human being on the face of the planet who knows everything. Seek out those individuals who have general wisdom as well as those who have specific expertise. Bring them into your family and achieve your goals more effectively.

The Early Bird Gets the Worm

One of the great myths of networking is that you start reaching out to others when you need something. The people who really succeed in building relationships know that you need to start building way BEFORE you need anything. This is especially true if you are thinking of opening your own business. Many people start the networking process too late in the game. Prospective entrepreneurs think about details like incorporating or the specific name of their company. Although those tasks are important, they have much less influence over your business success compared to relationship building.

Immediately after graduating from college I worked for my brother, Dr. Boyce Watkins. My job was to book him for speaking engagements and manage his growing national media profile. I knew long before I started to work for him that I wanted to start my own company and I took steps to achieve this goal. For example, when Boyce would appear on a national TV show, he was often on the show with other high profile guests. We would make sure to collect that person’s contact information and follow up with him/her right away. When I started Great Black Speakers Bureau, those were my first speakers. Make sure to always begin with an end in mind!

Overcome your Fear of Rejection


Bestselling author and networking guru Keith Ferrazzi calls this the “genius of audacity.” If you never ask for what you want, very rarely do you ever get what you want. The two major emotions that stop people from asking are the fear of rejection from the other person and a feeling that the other person is better than you. Question: What’s going to have a longer impact on your life? FEAR of rejection or FAILING to reach your goals? The answer to this question for me is not reaching the goals I set out to accomplish. In this scenario, rejection MIGHT happen but failure WILL happen.

Follow Up and Stay in Touch

If the yin is overcoming your fears and asking for what you want, then the yang is following up with your contacts. This is something that I have personally struggled with lately as my number of contacts has grown significantly. However, I have noticed a direct correlation between my rate of follow up and the amount of success I achieve over any period of time. It is funny how people spend so much time making new contacts and so little time following up with them. This reminds me of the local ladies man who is only interested in the chase of a woman. Once he gets her, he then loses interest. In business and in life, don’t be this person! It is much more expensive to attain a new client/contact/friend than to maintain the ones you already have. I am not telling you to not meet new people, just do right by them when you do meet them for long lasting business/personal relationships.