Welcome back to the solo episode of the Dear Black CEO podcast with your host, Karl Sona!
It’s my view that the single most important thing that needs to happen to close the wealth gap and promote economic growth among minorities is our participation in the economy itself. No change comes about by focusing on the problem, so in this episode we are going to dive in on what it means to be part of the value chain, why it’s important, and how to break through and serve an active role within it.
Tune in now and let’s talk more about minority participation in mainstream value chains.
[00:01 – 05:00] Opening Segment
- I talk about my passion for this podcast show and my vision for change
- Minority inclusion series recap
- Narrowing the wealth gap
- Today’s focus
[05:01 – 14:34] Minority Participation in Mainstream Value Chains
- What is the value chain
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- Definition and examples
- Playing a major part in outsourcing
- Why it’s important
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- Increased entrepreneurship in the minority population
- The issues of not being in the value chain
- The benefits
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- More wealth and job creation
- Bringing minority role models to the forefront
- Less tax burden
- Opportunities to serve
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[14:35 – 25:44] Minority Participation in Mainstream Value Chains – Continued
- What needs to be done to make this happen
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- Education and mentorship
- The roles we can step into
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- Token roles vs. mainstream roles
- Action items to take today!
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- Think about where you sit currently in the value chain
- Locate and identify the spot you can go after
- Understand the needs and gaps of the organization
- Let me know your thoughts!
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- Shoot me an email at karl@dearblackceo.com and let’s talk
- Final words
Tweetable Quotes:
“In my opinion the single most critical metric when it comes to being able to truly understand the progress that needs to be made towards minorities becoming more active participants in the economy… is our participation in mainstream value chains.” – Karl Sona
“One of the single most sources of jobs being created for minorities is BY minorities… I think about the number of positive influences and role models that stand to be created when more minorities are allowed to participate in the economy.” – Karl Sona
“I think at the end of the day, we all have a lot more in common than we’ve been led on to believe.” – Karl Sona
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Let’s connect! Find me on LinkedIn, Instagram or check out my website http://karlsona.com/. And The Kas Company to find out more about my coaching program.
You don’t have to be anyone other than who you are to be a world-class CEO!