Author Archives: hbcumoney

HBCU Money™ Business Book Feature – Zero to One: Notes on Startups, or How to Build the Future

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If you want to build a better future, you must believe in secrets.

The great secret of our time is that there are still uncharted frontiers to explore and new inventions to create. In Zero to One, legendary entrepreneur and investor Peter Thiel shows how we can find singular ways to create those new things.

Thiel begins with the contrarian premise that we live in an age of technological stagnation, even if we’re too distracted by shiny mobile devices to notice. Information technology has improved rapidly, but there is no reason why progress should be limited to computers or Silicon Valley. Progress can be achieved in any industry or area of business. It comes from the most important skill that every leader must master: learning to think for yourself.

Doing what someone else already knows how to do takes the world from 1 to n, adding more of something familiar. But when you do something new, you go from 0 to 1. The next Bill Gates will not build an operating system. The next Larry Page or Sergey Brin won’t make a search engine. Tomorrow’s champions will not win by competing ruthlessly in today’s marketplace. They will escape competition altogether, because their businesses will be unique.

Zero to One presents at once an optimistic view of the future of progress in America and a new way of thinking about innovation: it starts by learning to ask the questions that lead you to find value in unexpected places.

HBCU Money™ Dozen 12/22 – 12/26

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Did you miss HBCU Money™ Dozen via Twitter? No worry. We are now putting them on the site for you to visit at your leisure. We have made some changes here at HBCU Money™ Dozen. We are now solely focused on research and central bank articles from the previous week.

Research

This Android Wear App Lets You Control Your PC With Your Watch l CIOonline http://trib.al/nl1WgvL

Stanford Launches 100-Year Study of Artificial Intelligence l CIOonline http://trib.al/MWWBbuZ

World’s Largest Floating Solar Power Plant Announced By Kyocera l Clean Technica http://dlvr.it/7wcwRY

India’s Rolta Power Seeks Chinese Partner For Solar Cell Facility l Clean Technica http://dlvr.it/7wcZ0Q

Startups: The crazy ones, the misfits, the rebels … the dumb ones l CIOonline http://trib.al/JlZkCYt

Working to promote environmental awareness? Apply for our Environmental Education grants l EPA Research http://ow.ly/Gqvko

Federal Reserve, Central Banks, & Financial Departments

Students gain 60% in financial knowledge in the Keys to Financial Success High School program l Philly Fed http://ow.ly/GqvU6

How does what you eat affect your mental performance? l World Economic Forum http://wef.ch/1wec2SM

In 21% of Sub-Saharan Africa, one or two products accounts for at least 75% of total exports l World Bank http://wrld.bg/FX5J3

The economics of gift giving l World Economic Forum http://wef.ch/1xHddkp

Development Indicators are arguably the most important data resource for understanding progress l World Bank http://ow.ly/Gqwi0

Trying to get your personal finances in order? Start with these lessons on the basics l St. Louis Fed http://bit.ly/ViVxYQ

Thank you as always for joining us on Saturday for HBCU Money™ Dozen. The 12 most important research and finance articles of the week.

The HBCU Money™ Weekly Market Watch

Our Money Matters /\ December 26, 2014

A weekly snapshot of African American owned public companies and HBCU Money™ tracked African stock exchanges.

NAME TICKER PRICE (GAIN/LOSS %)

African American Publicly Traded Companies

Citizens Bancshares Georgia (CZBS) $8.80 (0.00% UNCH)

M&F Bancorp (MFBP) $4.50 (1.42% UP)

Radio One (ROIA) $1.70 (0.06% UP)

African Stock Exchanges

Bourse Regionale des Valeurs Mobilieres (BRVM)  252.14 (0.67% UP)

Botswana Stock Exchange (BSE)  9 510.80 (0.02% UP)

Ghana Stock Exchange (GSE)  2 286.11 (6.57% UP)*

Nairobi Stock Exchange (NSE)  160.18 (N/A)

Johannesburg Stock Exchange (JSE) 49 478.57 (0.18% DN)

International Stock Exchanges

New York Stock Exchange (NYSE) 10 998.98 (0.40% UP)

London Stock Exchange (LSE)  3 552.11 (0.16% UP)

Tokyo Stock Exchange (TOPIX)  1 427.50 (0.44% UP)

Commodities

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HBCU Money™ Business Book Feature – Our Black Year: One Family’s Quest to Buy Black in America’s Racially Divided Economy

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Maggie and John Anderson were successful African American professionals raising two daughters in a tony suburb of Chicago. But they felt uneasy over their good fortune. Most African Americans live in economically starved neighborhoods. Black wealth is about one tenth of white wealth, and black businesses lag behind businesses of all other racial groups in every measure of success. One problem is that black consumers–unlike consumers of other ethnicities– choose not to support black-owned businesses. At the same time, most of the businesses in their communities are owned by outsiders.

On January 1, 2009 the Andersons embarked on a year-long public pledge to “buy black.” They thought that by taking a stand, the black community would be mobilized to exert its economic might. They thought that by exposing the issues, Americans of all races would see that economically empowering black neighborhoods benefits society as a whole. Instead, blacks refused to support their own, and others condemned their experiment. Drawing on economic research and social history as well as her personal story, Maggie Anderson shows why the black economy continues to suffer and issues a call to action to all of us to do our part to reverse this trend.

HBCU Money™ Dozen 12/15 – 12/19

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Did you miss HBCU Money™ Dozen via Twitter? No worry. We are now putting them on the site for you to visit at your leisure. We have made some changes here at HBCU Money™ Dozen. We are now solely focused on research and central bank articles from the previous week.

Research

Why Microsoft’s Mobile Marketing Strategy Hinges on iOS and Android l CIOonline ow.ly/G7uoW

Dreaming of a White Christmas? Map shows historic probability of your dream l NOAA Climate 1.usa.gov/1uqoVZl

Most plastic is not biodegradable & can end up in oceans where animals mistake it 4 food l UN Environmentbuff.ly/1AhbbXw

Despite what Stephen Hawking says, we won’t ever be slaves to robots l New Scientist ow.ly/G7vU2

Robot insect THE SIZE OF A SMALL DOG takes first steps l New Scientist ow.ly/G7ARz

US Congress Extends Wind Protection Tax Credit To End Of 2014 l Clean Technica dlvr.it/7s64K2

Federal Reserve, Central Banks, & Financial Departments

How has the Bankruptcy Act of 2005 affected the number of filings? l St. Louis Fed bit.ly/13qQjRt

Why are commodity prices falling? l World Economic Forum wef.ch/1sD3nsK

Audio: Pilot program uses crowdfunding to help entrepreneurs launch their small businesses l St. Louis Fed bit.ly/1ivXTR2

How smaller institutions are trying to get ahead with technology l CU Journal bit.ly/1w2lyIH

It is critical to make agriculture resilient for farmers, processors, retailers & governments l World Bank wrld.bg/G0cPe

The curious truths of big data l World Economic Forumwef.ch/1v3dojL

Thank you as always for joining us on Saturday for HBCU Money™ Dozen. The 12 most important research and finance articles of the week.