Archive | November 2017

You can’t win if you don’t play.

“You can’t win if you don’t play.”

April 22 – 24, 2018 African American Briefing for Financial Professionals in Washington, DC. …be there…

ufscnet.org

#aabfp

#ufscnet

#ufscorg

Debra Mack-Bronston Melanie M. Lee ola Ola M. Truelove Christy Bryant Lisa Rowe-Higginbottom Theodis Watson Michael Gartrell Lizzie Evans GM Clarke Marlene King-Braithwaite Maurice Wilson Delores Blake Ditu Kasuyi Roderick Hayes Jason Matthews Jasper Smith Nicole Middleton Nicole Chandler-Grant Andrew T. Carr Rev. Ramsey L. Harris Dorothy reed Falicia Buckingham george Hill Gail Todd Martin Wilson Renelle brown Layfield

keywords

National Association of Black MBAs, National Association of Black Accountants, National Coalition of 100 Black Women, 100 Black men, National Medical Society, National Bar Association, US Black Chamber of Commerce, Hispanic Chamber of Commerce, American Bankers Association, Financial Planning Association, CFA (Chartered Financial Analyst Associates), NESBY, Urban League, NAACP, Operation Hope, , ALPFA, BDPA, National Sales Network, NOBLE, Blacks in Government, National Association of Black Journalists, Federal Reserve Bank, Illinois Department of Financial & Professional Regulation, Chicago Board of Trade, Discover Financial Services, US Bank, Bank of America, Wells Fargo Bank, AON Insurance, Morningstar, Ariel Investments, Northern Trust, BMO Harris Bank, The Commercial Club of Chicago, City Club of Chicago, Comerica, Citibank, State Farm, Chicago Exchange, Prudential, JP Morgan Chase, Fifth Third, GE Financial, HSBC, Mastercard Worldwide, FDIC, SEC, OCC, NCUA, OMWI, emerging market, Illinois Department of Insurance, US Treasury, Currency trade, Securities markets, Insurance, Investment Banking, credit card services, mortgage, deposit and checking accounts, accounting, information technology, government relations, transaction services, crowd funding, non bank, hedge funds, networking, career, employment, training, volunteer, community service, financial literacy, empowerment, survey, talent, recruit, business, sales, service, youth mentoring, mentoring, african american, nar

Opportunities.

Possible bargains this season. See our WB website for ideas… https://lnkd.in/g6FP3y5

#wblendingsolutions

wblendingsolutions

Discussion.

“This is not child’s play and it will affect communities.” http://nymag.com/daily/intelligencer/2017/11/the-cfpb-was-designed-to-stop-donald-trump.html

#wblendingsolutions

wblendingsolutions

Learning.

Learning moments. Gratitude…

#ufscnet

#ufscorg

“Adaptability is about the powerful difference between adapting to cope and adapting to win.” –Max McKeown

ufscnet.org

-Vision

To ensure the full and equitable participation of people of color at all levels in the financial services industry.

-Mission

To be the pre-eminent financial services organization that provides professional development programs, supports educational advancement and promotes economic empowerment for its members and minority communities at large.

#wblendingsolutions

Give.

You can give yourself permission to be your best…

#ufscnet

#ufscorg

Mindset.

-Urban Financial Services Coalition-

Vision.

To ensure the full and equitable participation of people of color at all levels in the financial services industry.

Mission.

To be the pre-eminent financial services organization that provides professional development programs, supports educational advancement and promotes economic empowerment for its members and minority communities at large.

#ufscnet

#ufscorg

CFPB

President Trump is great news for Corporations and persons with networth over $5 million. This may be very bad news for a lot of other folks (in areas including protection in bank accounts, credit cards, mortgages, Financial Company Board Governance, etc.) who will lose a “level playing field” with the weakening of CFPB. Take a look at history.

#wblendingsolutions

wblendingsolutions

Move.

“If you risk nothing, then you risk everything.” — Geena Davis

…Financial Services… Details…

#ufscorg

#ufscnet

#wblendingsolutions

wblendingsolutions

http://www.blackenterprise.com/small-business/5-key-takeaways-from-venture-capitalists-to-boost-your-rate-of-entrepreneur-success/

5 Key Takeaways from Venture Capitalists to Boost Your Rate of Entrepreneur Success

November 19, 2017 • By Sequoia Blodgett

ShareTweetPinMail

Culture Shift Labs has been working very diligently to make sure there is a common meeting ground for changemakers of color. Recently they held their 8th Annual event in New York City that consisted of a weekend of conversations on technology, innovation, social impact, and most notably venture capital investment.

(Image: iStock/shapecharge)

There was a plethora of power players in the house including Troy Carter, CEO and founder of Atom Factory; Mark Ein, founder of Venturehouse Group; Kwame Anku, founding principal of the Black Angel Tech Fund; and NBA all-star Alonzo Mourning.

Black Enterprise was in attendance and there were five key takeaways that we went away with.

1. Most investors say no. You have to work to get to a yes. Nine times out of 10 an investor is going to turn you down. Make sure that you are persistent in a way that’s progressive. If you are returning to an investor who you’ve already asked for money, make sure there is a measureable improvement or else you are wasting their time.

2. Avoid spending time with people who aren’t giving you money. Look for investors who are in your space and excited about your product. That way they come on as strategic partners and are not just giving you money.

3. The difference between a Studs versus a Duds product/company is leadership, determination, and resilience.

It takes tenacity to become an entrepreneur. A product isn’t birthed overnight. You have to stay focused but, additionally, you need to know when to pivot. Working on something too long that’s not working in the market, even if determined, is a waste of your time.

4. You learn when things aren’t going well. So, don’t stop. Fail and fail fast. It’s not a loss. It’s a learning process.

5. When speaking to investors ask, “What’s your timeline?” You need this information to manage your expectations. This way, you don’t become the person with the interesting product, to the person who’s now bothering them. Remember, you aren’t the only one looking for investment.

CFPB?

Consumer Finance Protection Bureau Director Richard Cordray announced his resignation today. Many Finance and Real Estate Professionals are happy and hopeful for a rollback of the rules. I posted this comment in a professional group discussion:

SMH… Most of us here don’t EVEN KNOW what we are talking about on this topic. Yes, Cordray brought a lot of regulations in, but the laws came from Congress because of the outrageous systemic and consumer abuse by financial institutions and the $700 Billion dollar bailout (Like seatbelts in a automobile). I cannot tell you how many Realtors, Bankers, Police Officers I helped fight mortgage lenders illegally foreclosing on their homes. Go do some reading. (Capitalism, Keynes, Aristotle) Be careful of what you wish for you just might get it… again. https://youtu.be/iUuROWEMjm0

#wblendingsolutions

wblendingsolutions