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Showing posts with the label Economics

Black Polity - Building Solidarity and Mobilizing Justice

The C1B1 Summit, organized and hosted by The SOFEI Group, will feature a panel discussion on "Black Polity: Building Solidarity and Mobilizing Justice" led by the Honorable Jolene Ivey and Honorable Nicole Williams to address the ongoing challenges experienced by women of color and explore strategies for collective action and social change. Why This Matters Women of Color continue to face systemic inequalities across many aspects of society, including: Economic disparities Unequal access to education and healthcare Discrimination in the workplace Disproportionate impacts of the criminal justice system Focusing on building solidarity and mobilizing justice, this panel will empower summit attendees to drive meaningful change, and this panel will cover: Strategies for fostering unity within diverse Black communities Effective methods for grassroots organizing and activism Leveraging technology and social media for mobilization Building coalitions with allies and oth...

Black Women's Equal Pay Day

According to Fortune Magazine , the average Black woman will have finally earned the same amount the average non-Hispanic white man earned a year earlier—eight months later. That’s a problem, not just for Black women who lose out on $900,000 in lifetime earnings, but for everyone. Black women who normally are the heads of their households (i.e., primary breadwinners) earn 63 cents of every dollar a white man makes. Shannon Williams, director of Equal Pay Today - a project of Equal Rights Advocates stated, "The issue of equal pay is not just a woman’s issue because it trickles down into our families, communities, and the overall economy." The Black Women’s Wage Gap is a problem for everyone, but everyone isn’t working to address it! One way to close the wage gap is to close the skill gap. The SOFEI Group is working to decrease pay inequity among women of color through free professional, technical, and certification training for women who want to upgrade their skills to el...

Getting Unstuck

Where are you? Where do you want to go? How are you going to get there? These are the questions a technical instructor asked to help trainees learn how to change directories using DOS (i.e., Disk Operating System). Post-DOS days, the technical instructor realized these questions apply to our everyday lives, and we believe these questions can help individuals get unstuck in their careers, relationships, or finances. If you feel stuck, click here and download our guide that can help you get unstuck.

Invest in yourself

"I only take classes my job pays for." "If my company wants me to stay, they should pay for my training." "As soon as I get my MBA, I’m out of here!" "I only enroll in workshops or classes that are free." If your company pays for training, who’s investing in your professional development, you or your company? If your company pays, what do they get in return? If you pay, what’s the ROI (Return on Investment) for your growth and development? Imagine hiring a contracting company that specializes in home renovations showing up at your doorstep without the skills, tools, or resources to perform the job. Would you pay for the training and resources the contracting company needs to complete the job? Or, would you hire another contracting company equipped with resources and expertise to meet your requirements and deadline to renovate? Corporations are discovering better ways to yield returns on their resources and investments. And unfortun...

Things or Experience?

A survey from Eventbrite found that 78% of Generation Y respondents would rather spend money on an experience than a thing, and 77% say their best memories come from experiences. In addition, 72% of millennials shared they would like to increase their spending on experiences, and 69% say that their experiences make them feel more connected to their communities, other people, and the world. In 1998, B. Joseph Pine II and James H. Gilmore published an article - The Experience Economy . In this article, they state businesses must orchestrate memorable events for their customers, and that memory (i.e., experience) itself becomes the product. Savvy businesses use this model and charge for the value of their "experience" product because they know if they create experiences that are exciting and transcendent, they can build a community of fans that will rave about their 'experience.' Jesus Christ created a community of raving fans because He always gave people wha...

Skeptics of The Poor

Two homeless women contacted The SOFEI Group for housing assistance after eviction from an area shelter. Housing homeless women and their families is not part of our mission; however, we sought assistance (temporary housing, food, and pampers) from area organizations, churches, and people on their behalf. Following are responses to our request: Why were they evicted? Are they tithing members of a church? They must be irresponsible women to be evicted from a shelter. Why can't they move to another shelter? I don't believe in giving my money to people that don't want to help themselves. Why can't they go and stay with relatives? All responses were valid and The SOFEI Group decided to provide temporary housing and food for these women because they were wandering the street with their children in tote. And, it was discovered their eviction wasn't a result of their carelessness, but their refusal to attend substance abuse (alcohol or drugs) counseling sessions manda...

I’m Not One of Them

My parents raised me different. My parents told me, "Make sure you can take care of yourself," and I do. These women need to stop lying on their backs, making babies they can’t take care of. I’m not giving my money to support lazy women that don’t want to work. These statements are from single mothers who were approached by The SOFEI Group to help us achieve our mission of empowering women to economic independence. The single mothers were divorced, widowed, and a sole parent with a strong support system. What’s interesting is how proud they were to share their distinction without knowledge of our current and prospective clients. It will be impossible for women to thrive as a cohesive unit when we’re moved so swiftly to divide. Why talk about the wage gap between men and women or any other gaps that supposedly prevent women from progressing, when women allow social, political, financial, or ethnical differences create wedges? Many women who have experienced or are ...

Hate your job, what are you doing about it?

If you’re not happy with your job, whose fault is it? Is it your manager’s, co-worker, the economy, your bills, or you? What impact does your hatred have on the people you serve through your job? To show up every day to a job you hate doesn’t benefit anyone but your creditors. Hatred is difficult to hide. It will resonate through your attitude and your work. Staying at a job you hate may seem logical with the high percentage of unemployed and underemployed people. But if you choose to stay, why hate it? Why waste your time and your employer's? It’s challenging to have a servant attitude through hatred. If you’re not willing to serve, you’re not willing to work at your best capacity. Work isn’t solely about us! It’s about service. If we’re filled with hatred about our work, does it mean we’re too full of ourselves? Sure, people can be difficult and challenging, but their actions should not contribute to our hatred. Every day we show up for work, we should know our pu...

Self-Servants Not Wanted

A prospective partner contacted The SOFEI Group to offer their services to build their brand. This person was turned down because their main purpose to join wasn’t about helping us achieve our mission – it was self-serving. If your ultimate reason to secure employment or start a business is to make money, you’re off to a bumpy start. Many MLM (Multi-level Marketing) business owners plummet because they see an opportunity to make money, instead of an opportunity to improve the lives of others with their product or service. And, many businesses are not experiencing exponential growth because it’s replete with self-serving people who choose not to use their skills, experience, or education to serve. In this knowledge-based workforce, employers and business owners want to connect with believers, leaders, or servants. People who believe in the organization’s mission, goals, and objectives; leaders who can influence people to achieve greatness, and people who do not mind serving thei...

Everyone has had a free ride at least once

Entitlements – programs (e.g., Medicare or Social Security) funded by taxpayers that supposedly benefit non-taxpayers. How can this be especially for taxpayers that worked and contributed towards these programs? And, why are Entitlement programs on the chopping block to balance the budget or reduce the deficit in an effort to stop people from riding free? Free riders are from different ethnic and economic backgrounds. They’re people who cheat on their taxes or avoid paying taxes due to tax shelters buried under complicated tax codes. They’re people who can afford to pay for healthcare, but choose not to; passing their expenses to the shoulders of people strapped with the high cost of health insurance. They're executives who receive government bailouts and bonuses, in spite of their misuse or ill investments of hard working citizens who lost their life savings. They’re also celebrities indulged with expensive gifts they can afford and may not want. What about the poor? A...

Training is a waste of time and money

Another federal government agency was snubbed last week for allegedly wasting tax payer’s dollars (50 million) for training conferences over a three-year period. Training is a waste of time and money when its goals and objectives aren’t clearly defined and connected to an organization’s mission, and the actual value training will add when completed. Government waste didn’t start in this Administration; it has been a normal way of business to avoid a decrease in appropriation dollars for each fiscal year. When an agency learns that it has an excess in appropriation dollars towards the end of their fiscal year, many government employees reap the benefits of training, conferences, and/or new equipment. Training should never be used as a last resort to save appropriation dollars that will result in waste. This strategy decreases the value of education and training. If a government agency can operate on less money than originally appropriated, this money should be returned to Congre...

Pay attention to what isn't being said

The SOFEI Group has counseled and trained many women who seem to pay more attention to what people tell them (e.g., their significant other or spouse) and not what they show them. Remember the saying Action speaks louder than words . What keeps women clinging onto the words of their loved ones while ignoring their actions? Hope for change, fear, blind love, or their religion? People normally show us their truth. However, some women second guess their intuition and what’s presented to them. Example, a man’s truth maybe sexual or financial infidelity – the woman’s reality is she’s living or in a relationship with a man who cannot be trusted. A man’s truth maybe, he’s married with children - a woman’s reality that dates him is she’s an adulterer and a person that doesn’t value the sacredness of marriage. Lastly, a man’s truth maybe physical, emotional, or verbal abuse – a woman’s reality is depression, fear; hope for change, low self-esteem or self-worth. Women have to take c...

Should the Government Accumulate Debt for the Poor?

Deuteronomy 15:11 states, For the poor shall never cease out of the land: therefore I command thee, saying, Thou shalt open thine hand wide unto thy brother, to thy poor, and to thy needy, in thy land. The Israelites were instructed by God to help the poor when they arrived to possess the Promised Land to serve as a reminder of God's gift of freedom after their enslavement in Egypt. Some believe people that are poor brought it on themselves, and this belief makes it easy to close our hearts and hands towards them. Helping the poor demonstrates our faith in God and our country. Ignoring to care for the poor for any reason forfeits our humanitarian duty to care for our fellow citizens during their greatest time of need. The battle between Congress and the President on strategies to serve the poor isn’t simply about the rising debt, but the different attitudes towards poverty. Not extending unemployment benefits or decreasing government entitlement programs may decrease the Nat...

The Least Factor

At least I have a job – but it’s not rewarding, fulfilling, or impactful. At least I have a man – even though he’s married with children. At least I know dynamic, elitist people - but don’t have authentic connections. At least I go to church – but don’t have a spiritual connection to God. At least I’m liked – but you yearn for unconditional love and encouragement. At least I have a GED – but was born with potential beyond a general education. Energy exhausted striving for the least is a fast race to the bottom. If you’re going to run, strive for the top (i.e., your best). No one spends time practicing to enter a race with the intention to lose or end at the bottom.

Got Power?

According to Target Market News 16th annual report Buying Power of Black America , the expenditures of Blacks rose to $507 billion dollars. The top five expenditures were: Housing $203.8 billion Food $65.2 billion Cars/Trucks $29.1 billion Clothing $29.3 billion Health Care $23.6 billion Who or what is being empowered as a result of this Black Buying Power ? Is the employment gap among Blacks closing? Are the increasing numbers of disparities within the Black Community decreasing? Is the growing trend of poverty amongst low-income, women-led families being addressed? Is this buying power restoring or strengthening the Black family unit - a foundation in society? It appears the Buying Power of Blacks is generating economic stability and wealth outside of their communities. Yep! It's helping other Ethnic groups establish businesses in socially and economically disadvantaged communities (i.e., underserved Black Communities) for members of their group. And, this buying powe...

Can't Find a Job - Create Your Own

Okay, it’s been weeks, months, maybe a few years and you still haven’t found a J.O.B. If your job search strategy has primarily been behind a computer pushing emails and electronic resumes, your resumes are probably being added to thousands of job seekers in a virtual recruitment center being daily purged by the delete button. Which means your livelihood is somewhat in the hands of a virtual recruiter with the power to move your resume forward or prevent it from reaching your desired destination – the decision maker who can hire you. Let’s face it, unemployment can stink, but it can also be a sweet aroma when you decide to use this experience as fuel to take charge of your life in spite of the economy! You’ve heard the saying If It’s Going to Be, It’s up to Me. That’s right; it’s going to be up to you to create your own path to financial freedom. Not the government, politicians, Mama, Daddy, Pookie – You! Here are a few suggestions to make it happen: Develop a winning attitud...

American Poverty Tour

Tavis Smiley - author, talk and radio host and Dr. Cornel West - author, activist, speaker and Princeton University Professor launched a poverty tour to bring a voice and conscience to the growing trend of American poverty. Their work is commendable; however, isn't it time for communities (especially the Black) to unify resources to become self-sustaining and less reliant on the government for their livelihood? American poverty as defined by the Census Bureau looks rich compared to impoverished countries. Is it shameful for Americans to be classified as poor in a country replete with resources? Absolutely! But when immigrants come to this country with different barriers (language being one of them) and succeed, why can't members of the African American communities do likewise? The current budget cuts aren't pretty, and the cuts are creating deeper wounds. Should the wounded go to the President and Congress, wave bloody bandages to make them stop the bleeding? O...

Ask, Seek, and Knock - Luke 9:10 - 11 NKJV

Have you ever spoken to a person that knows everything they don’t want, but can’t articulate what they do want? If we don’t know what we want to do with our lives, others or life circumstances will mold our lives for us. And, the same can apply to our careers. As a result of today's economy, many people are not seeking a career; they’re looking for a JOB - (JUST OVER BROKE). A JOB can help you get by, a career will help you live! Here are a few suggestions to jump start your career. Pray and Ask for Divine Guidance – Everything we do should bring glory and honor to God. And, this also applies to our career choices. God does not want us to work to simply meet our financial needs and wants. Ultimately, our vocation should be our ministry (i.e., what we’ve been gifted to do). Redefine Your Identity – Many people have defined their self-worth based on what they do and not who they really are. Take time to learn your true self and take this authenticity to your new career. S...

I Deserve a Peace of Mind

Thou will keep him in perfect peace whose mind is stayed on me. (Isaiah 26:3) One of our clients has been without bipolar medication for months and has missed counseling sessions designed to help stabilize her mind and life because her monthly disability income exceeds her eligibility to receive medical and counseling assistance. Her inability to receive bipolar treatment is an impediment to her health, family, and prospective employers. Several studies show, African-American and Latino women experience a higher rate of depressive symptoms and psychological distress compared to white women due to a convergence of societal, biological, and socioeconomical factors. Some of the risk factors are: stress due to racial discrimination; health problems (e.g., hypertension and cardiovascular disease); educational attainment , single marital status , and being a working mother . Depression screening and prevention programs must take into account these and additional factors in order to be suc...

Senator Graham's Stance on Health Care Reform

For as he thinketh in his heart, so is he: Eat and drink, saith he to thee; but his heart is not with thee. (Proverbs 23:7 - KJV) Members of VEINC have not read the Health Care Reform Bill ; however, the tone and comments made by Senator Graham has left some of us with the impression that Senator Graham's view of the bill will cost his State (South Carolina) 1 billion dollars to insure low-income Black people. What's your view on Senator Graham's comments and health care reform? Do you believe America needs health care reform? Do you believe health care reform will bankrupt America? Do you believe health care reform only benefits poor people? As far as Senator Graham's concern about tax-payer's dollars being used to pay for this health care reform, who has a job to pay taxes in this Great Recession ?