Creating conscious black millionaires

James Clingman | 4/17/2015, 6 a.m.
Black folks have the ability to create our own conscious millionaires. We have certainly done it for others for a ...

— Black folks have the ability to create our own conscious millionaires. We have certainly done it for others for a long time now. Conscious black millionaires, by definition, would most assuredly use some of their money to assist the black collective; conscious black millionaires would not hesitate to use their resources to help empower our people; conscious black millionaires would not be afraid to espouse the principles of economic empowerment and then use their money to support it.

This is not a pipedream, folks. It can, should and must be done. To make real progress, we must move beyond rallies, speeches, protests, philosophy, pontification, intellectual rhetoric without commensurate action, and mere symbolism without real substance.

Every rational person knows that at some point, everything we do to challenge injustice and to obtain the economic and political reciprocity we seek and deserve, will require money. Look at the amount of money spent on travel and accommodations to attend all the marches and demonstrations of the recent past. It would have been better spent on legal battles in the courts and placing initiatives on local ballots across the nation.

Who should fund the initiatives we take on to deal with inequities and unfairness against blacks? Who should benefit from the dollars we spend to accomplish our goals? As Ken Bridges would say, “That be us, y’all.”

The revolution will not be televised, but it must be financed, and we should benefit economically from our expenditures and activities associated with our fight for freedom.

Currently, our dollars are benefiting everyone else as we run for freedom, as we protest, as we demonstrate, and as we conduct our conventions and other meetings around the country. I recall how proud I was when I attended the “Bring Back Black” meeting, in 2007 at the black-owned and operated Dudley convention complex in Kernersville, North Carolina— a black caterer prepared our food, and everything else that could be done with black vendors was done. It was the same at our MATAH conferences from1998-2002.

Every convention cannot do that, but if we create conscious black millionaires, some of them would do what the founder of Compro Tax, Jackie Mayfield, did in Beaumont, Texas. He and Brother Yusef Muhammad built their own convention center. They are, indeed, conscious black millionaires and, like others that I know, they are not only taking care of their families, they are also doing a great deal to help others, via business opportunities and philanthropy. Many are unaware that they helped Maggie and John Anderson in their efforts to get the Empowerment Experiment off the ground. No fanfare, just quietly and humbly paying it forward, the way conscious black people do. Is Compro Tax preparing your return this year, or is your money going to one of those companies that do nothing for black folks in return?

Imagine the progress we would make by creating millionaires like Jackie and Yusef. The good news is that we can do it merely by putting our financial support behind the efforts of a conscious brother or sister who have demonstrated a willingness to sacrifice and walk the walk when it comes to the overall empowerment of black people.