Tag: entrepreneurship

A.G. Gaston – First Black Millionaire of Alabama Tribute
Business

A.G. Gaston – First Black Millionaire of Alabama Tribute

By Black Enterprise Magazine 1992: Celebrated Birmingham, Alabama, entrepreneur Arthur G. Gaston, founder and chairman of BE 100s financial institutions Citizens Federal Savings Bank and Booker T. Washington Life Insurance Co., among nearly a dozen other businesses, is named BE’s Entrepreneur of the Century. Born the grandson of a slave in a log cabin on July 4, 1892, Arthur George Gaston Sr. prevailed over the barriers of the Jim Crow South to emerge as one of America’s most multifaceted and dynamic black businessmen. His example of strategic brilliance and unyielding tenacity served as a model of inspiration for generations of African American entrepreneurs—from John H. Johnson, the media giant who founded Ebony and Jet magazines, among other enterpris...
Discrimination Has Not Been Pervasively Effective
Culture

Discrimination Has Not Been Pervasively Effective

Some groups have been held back by discrimination and other groups haven't. A study of life might inform us that culture is the pervading deciding factor that will render the pervading discrimination largely ineffective. Dr. Thomas Sowell, Economist, on Discrimination By culture, I am referring to the values and norms that are established within the home and serve as an impetus for thought and action as the family members navigate their way through society. If the family has: a culture that values education as a means to expand and inform the mind and mechanism for teaching the individual how to think and learna culture of entrepreneurship that sets that views life from the position of ownership and personal responsibility for successa culture of championship, of that of a con...