Tag Archives: energy

11 Black Trade/Professional Organizations You Have Never Heard Of – But Should Join Today


“Networking has been cited as the number one unwritten rule of success in business. Who you know really impacts what you know.” – Sallie Krawcheck

Our founder and chief economist, William A. Foster, IV, has a favorite saying, “Your net worth is a reflection of your network.” If you want to ascend to greater heights you have to connect with others who are also doing so. The people we associate with and the organizations we belong to can propel us socially and financially throughout our careers. However, knowing where to find professional networks and organizations has often proved challenging for African Americans not already in ‘the know’. Some of the more well known African American professional organizations are NABE (National Association of Black Engineers), NBMBAA (National Black MBA Association), and even NABA (National Association of Black Accountants) to name a few. You also do not have to be in that specific field to join that particular organization. A psychology major is not limited to only psychology trade/professional organizations. In fact, it is very important to join organizations that have no links with your current field to give yourself a more worldly view and expanded possibilities of opportunities. An accountant joining NABE may find out about an opportunity for an accountant position at an engineering firm or find a co-founder to launch their own engineering firm. Ultimately, the networking of African American professionals, especially HBCU graduates, into our own trade/professional organizations helps to strengthen and circulate the social and intellectual capital of African America’s private sector and therefore African America itself.

NABHOOD – National Association of Black Hotel Owners, Operators, and Developers

“Our primary goal here at NABHOOD is to increase the number of African-Americans developing, managing, operating and owning hotels; increase vendor opportunities & executive level jobs for minorities, thereby creating wealth within the African-American community. We do this by providing information about hotel ownership, investing, supplier opportunities, employment and other resources; our Annual International African American Hotel Ownership & Investment Summit & Trade Show is our best resource to help us accomplish this.”

AABE – American Association of Blacks in Energy

“The American Association of Blacks in Energy (AABE) is a national association of energy professionals founded and dedicated to ensure the input of African Americans and other minorities into the discussions and developments of energy policies regulations, R&D technologies, and environmental issues.”

NBMOA – National Black McDonald’s Operators’ Association

“The National Black McDonald’s Operators Association (NBMOA) is a 47 year old Organization dedicated to ensuring that African American McDonald’s Owners are fully engaged in all of the benefits associated with owning McDonald’s restaurants. The NBMOA goal is the complete integration of NBMOA members, African American Employees and Vendors into the McDonald’s system. The NBMOA also works diligently to make sure that McDonald’s fully engage the African American community in a respectful and positive manner.”

NABFM – National Association of Black Food Manufactures

“The NABFM is a newly established nonprofit that exists to be a voice for people of African descent in food and beverage manufacturing. It was founded to address the unique needs of our community as we seek to gain further entry into the food manufacturing, supplier and related industries for our ultimate success.”

NBTEBA – National Black Tech Ecosystem Builders Association

“The National Black Tech Ecosystem Builder Association will unite black tech startup support organizations, black faith communities, K thru 12th Black STEAM educators, HBCUs, black civic tech organizations, and black technology organizations. The Association will empower on-the-ground black tech activists and black tech ecosystem builders to eradicate racial tech disparities in their cities by helping them to strengthen their local black tech ecosystems.”

OBAP – Organization of Black Aerospace Professionals

“OBAP will be a world-leading organization that changes lives by creating a pathway to success through educating youth, communities, and professionals—shaping an aerospace industry as diverse as the people we serve.”

NAAIA – National African American Insurance Association

“NAAIA is dedicated to empowering African American insurance professionals currently in the industry as well as celebrating their accomplishments. NAAIA is also committed to attracting talented individuals to the insurance industry. Through our work and affiliation with other organizations we are dedicated to increasing the awareness of opportunities and the attractiveness of careers in the insurance industry.”

OBMG – Organization of Black Maritime Graduates

“To assist and encourage by educating and increasing public awareness regarding minority involvement in the maritime and engineering industries through recruitment, mentoring, scholarships, and networking.”

AAAFA – Association of African American Financial Advisors

“AAAA is a non-profit membership organization for African American financial advisors and affiliated professionals. We work in alliance with academic leaders at HBCUs that support financial planning degree programs, legislative and regulatory bodies, financial services firms and consumer interest organizations. AAAA fosters the value of financial planning and advances the financial planning profession.” 

OBD – Organization of Black Designers

“OBD is a national professional organization of interior, industrial, architectural, fashion and graphic designers dedicated to promoting the visibility, empowerment, education and interaction of its membership and the understanding and value that diverse design perspectives contribute to world culture and commerce.”

RBCA – Regional Black Contractors Association

“The RBCA maintains very effective working relationship with state, municipal, and corporate leaders and their supplier diversity executives, elected and appointed officials for the support of African-American business development. Locally, statewide and in Washington, DC, we are constantly monitoring of pending legislation that might affect our member’s businesses, their growth and even their ability to conduct business. When legislation is being considered that affects our mission, the RBCA quickly mobilizes to work with key policy makers to support and ensure that every opportunity is available for the RBCA and its members.”

The Finance & Tech Week In Review – 12/17/16


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Every Saturday the HBCU Money staff picks ten articles they were intrigued by and think you will enjoy for some weekend reading impacting finance and tech.

US investors took a 10-question investor literacy quiz answered only 4.4 questions right.FINRAFoundation bit.ly/2h5fujI

The top origin nations and destinations for immigrants coming to the U.S. l stlouisfed bit.ly/2hxwVN2

What is behavioural science, and how is it going to change your life? l wef wef.ch/2hoBhCG
Where will our energy come from in 2030, and how green will it be? l wef wef.ch/2geP7qp
Educators, join us Jan. 12 for Federal Reserve Chair Janet Yellen’s first town hall for teachersstlouisfed bit.ly/2gOZ9SA
The element hadn’t been found on Mars yet, and it could mean a lot for its habitability l ScienceNews goo.gl/BMMBcr
3D printed models help mend broken heartsnwtls newatl.as/2gQTgUU
4 historic security events of 2016 and what they teach us [Infographic] l CIOonline ow.ly/y3pg307b40S
Scientists won’t stop discovering stuff, no matter what l newscientist bit.ly/2hq4ArM

HBCU Money™ Business Book Feature – The Prize: The Epic Quest for Oil, Money & Power


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Amazon.com Review

Daniel Yergin’s first prize-winning book, Shattered Peace, was a history of the Cold War. Afterwards the young academic star joined the energy project of the Harvard Business School and wrote the best-seller Energy Future. Following on from there, The Prize, winner of the 1992 Pulitzer Prize for nonfiction, is a comprehensive history of one of the commodities that powers the world–oil. Founded in the 19th century, the oil industry began producing kerosene for lamps and progressed to gasoline. Huge personal fortunes arose from it, and whole nations sprung out of the power politics of the oil wells. Yergin’s fascinating account sweeps from early robber barons like John D. Rockefeller, to the oil crisis of the 1970s, through to the Gulf War.

From Publishers Weekly

Energy consultant Yergin limns oil’s central role in most of the wars and many international crises of the 20th century. “A timely, information-packed, authoritative history of the petroleum industry, tracing its ramifications, national and geopolitical, to the present day,” said PW. Photos. Author tour.
Copyright 1991 Reed Business Information, Inc.

From Library Journal

This book does not require recent events in the Persian Gulf to make it an essential addition for most public libraries as well as all college libraries. Written by one of the foremost U.S. authorities on energy, it is a major work in the field, replete with enough insight to satisfy the scholar and sufficient concern with the drama and colorful personalities in the history of oil to capture the interest of the general public. Though lengthy, the book never drags in developing its themes: the relationship of oil to the rise of modern capitalism; the intertwining relations between oil, politics, and international power; and the relationship between oil and society in what Yergin calls today’s age of “Hydrocarbon Man.” Parts of the story have been told as authoritatively before, e.g., in Irvine Anderson’s Aramco: The United States and Saudi Arabia ( LJ 7/81), but never in as comprehensive a fashion as here.
– Joseph R. Rudolph Jr., Towson State Univ., Md.
Copyright 1991 Reed Business Information, Inc.

HBCU Money™ Business Book Feature -The First Billion Is the Hardest: Reflections on a Life of Comebacks and America’s Energy Future


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With a Plan for Reducing U.S. Oil Dependency

It’s never too late to top your personal best.

Now eighty years old, T. Boone Pickens is a legendary figure in the business world. Known as the “Oracle of Oil” because of his uncanny ability to predict the direction of fuel prices, he built Mesa Petroleum, one of the largest independent oil companies in the United States, from a $2,500 investment. In the 1980s, Pickens became a household name when he executed a series of unsolicited buyout bids for undervalued oil companies, in the process reinventing the notion of shareholders’ rights. Even his failures were successful in that they forced risk-averse managers to reconsider the way they did business.

When Pickens left Mesa at age sixty-eight after a spectacular downward spiral in the company’s profits, many counted him out. Indeed, what followed for him was a painful divorce, clinical depression, a temporary inability to predict the movement of energy prices, and the loss of 90 percent of his investing capital. But Pickens was far from out.

From that personal and professional nadir, Pickens staged one of the most impressive comebacks in the industry, turning his investment fund’s remaining $3 million into $8 billion in profit in just a few years. That made him, at age seventy-seven, the world’s second-highest-paid hedge fund manager. But he wasn’t done yet. Today, Pickens is making some of the world’s most colossal energy bets. If he has his way, most of America’s cars will eventually run on natural gas, and vast swaths of the nation’s prairie land will become places where wind can be harnessed for power generation. Currently no less bold than he was decades ago when he single-handedly transformed America’s oil industry, Pickens is staking billions on the conviction that he knows what’s coming. In this book, he spells out that future in detail, not only presenting a comprehensive plan for American energy independence but also providing a fascinating glimpse into key resources such as water—yet another area where he is putting billions on the line.

From a businessman who is extraordinarily humble yet is considered one of the world’s most visionary, The First Billion Is the Hardest is both a riveting account of a life spent pulling off improbable triumphs and a report back from the front of the global energy and natural-resource wars—of vital interest to anyone who has a stake in America’s future.