Monetize Your Talents

By Michael Cadet

Working for a large institution may prove to be beneficial beyond the average Joe’s dream of playing for the Yankees but courage will propel you to explore the different ways you can monetize your gifts and talents.

First I would ask myself, what am I passion about? It could be writing, teaching, personal training, fashion, politics, sports etc. Passion is defined as a barely controllable emotion. So trust your gut and dare to let it grab hold of you and lead you to a place unknown and unfamiliar. It is there and only there where your true self will reveal itself to you. Shredding your self of fear will be your initial challenge.

Once you can determine something you’re passionate about take the time to fully explore whatever you’re interested in. Remember this is not a sprint this is marathon. Finding your passion and connecting with something you internally feel intimate with is deeper than simply making money. Finding that connection puts you on a path of purpose and destiny. It’s a special discovery so take the time to nurture it.

I wouldn’t suggest quitting your day job because realistically we all need money to survive everyday living. Enthusiasm and practicality is a concoction that will yield you more success than heartache. Remember it takes work to achieve anything in life. You aren’t entitled to anything but an environment to share your talents and skills with the world in hopes they will buy.

Cultivating your talent will only take you far beyond your peers and competitors. You aren’t the only writer nor the first person who decided to pick up a wrench and do something with it. It’s imperative that you continue to sharpen and enhance your skills regardless of how successful you become. That’s why professional athletes still practice even though their one out of a million likelihood to become a professional athlete came true.

There will be obstacles and there will be set backs. Instead of throwing in towel and looking for a shoulder to cry on take your pitfalls as an opportunity to reflect and analyze your shortcomings. These are lessons you learn from to perfect your talent. What the end buyer will buy will be a product of refined mistakes and obstacles over come. That’s what winners do. We never give up no matter the cost. So don’t complain, don’t beat your self up, just make your next move the best move.


Group Economics

By Michael Cadet

Group economics is the practice of buying goods and services within a specific group. For example, if I’m a farmer and I sell apples, my customers would theoretically consist of dentists, plumbers, retail shop owners, barbers and so on. The money the local retail shop owner spends with the apple farmer in theory should be reciprocated when the apple farmer needs to buy shaving cream at the local retail store. That’s good business. Communities essentially thrive on this practice.

The importance of group economics is to propel a group through an upward spiral of advancement. Progress. Economic power automatically equals political power. Economic power is created through education, spending dollars within your group, investing in real estate and the stock market (when market conditions provide an opportunity) and business ownership – this being the most important means of securing power.

In order to bring value to the marketplace, education and applied knowledge are the catalysts.  Applied being the operative word. Education should be advanced when a passion or curiosity arises. If you wake up with the smell of car oil under your nose, then you may have a calling for automotive services, which is a very profitable and sustainable industry. In order to create a demand for your service, you must first create value. Value is an emission, or in other words, it’s not just what you do, but how well you do it. Whether it’s changing someone’s oil, selling them merchandise, or processing a mortgage application, the quality of your service will determine the amount of business you receive over your competitor. All products and services of real value are embedded with specific ways of serving customers.

Keeping dollars within a group or area benefits the agenda of the principal group, so spending dollars within local communities provides an environment where economic advancement can thrive and lead to political power. Citizens of every community have needs. Whether it’s medical facilities or a park, these needs are only met through the circulation of money within a community and its citizens. When an outside institution with large resources infiltrates these communities, it essentially strips that community of its economic and political power. This is the reason spending dollars within your group or community is essential to its overall well being.

Investing in the stock market and real estate provides personal wealth and fortune. Personal wealth is the propellant that spins economic output: the more you have, the more you spend. Creating personal wealth depends on cultivating your own value. I cannot emphasize the importance of value enough. It’s responsible for attracting love, opportunity, and money.

Successful business ownership is the gateway to financial liberty. Experience from jobs pertaining to your field of interest can be achieved through internships and mediocre paying positions. Combining experience and value may act as an incentive to start your own venture. The entrepreneurial spirit is usually spawned when someone recognizes the opportunity to provide something the market isn’t supplying its customers. When deciding what type business to open, first do some soul searching to understand what will fulfill your life. Money doesn’t always equal happiness. Find what you’re passionate about and cultivate that curiosity into a valuable and sustainable skill you can provide to people.

Group economics has many moving parts: time, ingenuity, and an eagerness for independence. Goals steer the collective behavior of progressive people. Controlling resources such as how water is distributed to the local fire department is all dependent on you, the individual. Conditions of poverty and poor thinking can be combated and reversed. I challenge you to apply some effort and to not give up on your contribution to the world. Release your skills and talents so you and your community can reap the benefits. With that said, make your next move the best move!

Economic Warfare

By Michael Cadet

Protest, property damage, anger, frustration, and hopelessness sum up the events that took place in Ferguson, Mo  and numerous cities across America. This blog was created to discuss all financial matters and the heart of this issue of police brutality and injustice is simple: economics. Black America is in an economic war.

Today instead of recommending a life insurance policy or quoting new 401k limits, I would like to address the state of Black Americans and explain the current economic condition, the events that helped shape the current condition, and how to change it.

Let’s first begin with the facts. Black Americans make up 13% of the American population. That’s roughly 43 million black people. We’re the second largest minority behind Latinos. Together Black Americans have roughly $1.1 trillion dollars in spending power, but ironically have the lowest economic base out of all ethnic groups. One could easily say ‘if Black Americans would just stop selling drugs to each other and killing themselves and educate themselves to become productive citizens they wouldn’t be in this economic turmoil in the first place’.

So why are Black Americans in such economic turmoil? To answer that, one must know their history dating backing back to the early 20th century in Tulsa, Oklahoma. Tulsa was home to one of America’s most successful and wealthiest black communities which was coined “Black Wall Street”. Between approximately 1907 and 1921, this community was the epicenter of black enfranchisement. I point this fact out as proof that Black Americans did in fact have their own communities that thrived and were successful, unlike our current black communities.

When Tulsa became a thriving and well respected town in the United States, many white residents and business owners of the same area referred to the predominately black area of Tulsa as a separate city instead of one unified city, referring to the town as “Little Africa” and other derogatory names. This black community was home to about 10,000 black men, women and children and later acquired the name “Greenwood” until the 1921 Race Riots.

The 1921 race riots is a perfect example of how black advancement has been sabotaged. One of America’s worst acts of racial violence began in late May 1921 when 35 square blocks of residences and businesses were torched by mobs of angry white people.

The riot began because of the alleged assault of a white elevator operator, 17- year old Sarah Page, by a Black American shoe shiner, 19-year old Dick Rowland. The case against Rowland was ultimately dismissed, but the Tulsa Tribune published the alleged story on May 31st 1921. Quickly after the story was published, word broke out that there was going to be a white lynch mob out to kill Dick Rowland.

According to reports, a group of armed white men gathered around the jail where Rowland was being held and were met by an opposing group of Black Americans to protect Rowland. An argument ensued in which one of the members of the mob tried to take a gun from a black man, which caused the gun to be fired into the air. This caused both groups to start heavy firing of weapons which was followed by tragic violence. “Black Wall Street” was burned to the ground.

Troops were deployed June 1, unfortunately it was too late. Over 600 businesses had been burned to the ground including 21 churches, 21 restaurants, 30 grocery stores, 2 movie theaters, a hospital, a bank, post office, libraries, schools, law offices, a half-dozen private airplanes and even the bus system. Note the entire state had two airports, yet six blacks owned their own planes. Remarkable.

I share this story to show how black communities thrived and have had the capabilities to advance but have been sabotaged by outside forces. The soil which Black Americans have been given to grow and nurture themselves has been poisoned with hate and sabotage. Drugs and guns were introduced into South Central L.A. in 1980. Now you tell me how young Black Americans in South Central L.A. imported crack-cocaine into their own neighborhoods without outside help?

History continues to show us that sabotage is at the root of the disparaging economic class of black citizens in America. They have been funneled down a tube of social paralyzation. So how does black America uproot themselves from the sinking soil of social injustice? By practicing group economics. I will follow up with an article on group economics; for now just allow this history to sink in to understand the conditions that have created a poor class of people.

Not every white person is racist and not every police officer is abusive of power. Our country has deep rooted issues that we all have struggled with throughout our history. The aim is to live together harmoniously and respect each other. It is imperative we find a way to coexist and together we can accomplish great things, but until we learn to co-exist without hating and having preconceived notion of one another we will stay stuck in a place of confusion, frustration and violence. Brothas and sistas of the human race, make your next move the best move.