YOUNG INVESTORS ADVISORY
PROFILED: JAYLEN BLEDSOE
A group of entrepreneurs talk about what they learned in the trenches that they never could have learned in a classroom. The panelists also share the courses that were most helpful to them as entrepreneurs, the courses that they wished they had taken and the topics that business schools should be teaching to aspiring entrepreneurs.
9-year old Winnie Keller, Founder of It's My Party! inc.
Dr. Farrah Gray, a self-made millionaire by the tender age of 14 and author of the book, "Reallionaire". "It is AMAZING at what you CAN ACCOMPLISH when YOU don't know what you CAN'T do!" - Farrah Gray
His inspiring book is a Must read for EVERY child or adult with a dream.
Nick D'Aloisio shares the story around his app. "Summly," which was recently purchased by Yahoo for $30 million.
17-year old millionaire entrepreneur Ashley Qualls runs a successful web based business.
14-year old Damon Williams turned his passion for athletic shoes into an stock portfolio worth over $50,000.
Dr. Dennis Kimbro speaks about the habits of black millionaires.
This motivational video is a summary of the inspirations and thoughts of very successful people from various backgrounds.
"Young Rich" is a show that profiles young Africans who have leveraged their situations into multimillion dollar fortunes. This particular episode features entrepreneur Dennis Makori, CEO of a corporate group of companies.
Ventures Magazine has identified 56 African billionaires residing within the continent.
Jaylen Bledsoe; 15-Year Old Starts Tech Company, He’s Now a Millionaire
Jaylen doesn’t spend his time memorizing lyrics from the rapper “2Chainz,” smoking weed or chasing girls on Saturday nights. Instead, he spends his time chasing paper, pursuing his dreams and positioning himself for a truly empowered existence. Personally, I’m proud of him. I can also see that he is the beneficiary of good parents and role models. Our kids are like products off an assembly line: The outcomes we see in kids Jaylen Bledsoe’s age are direct products of what they’ve been exposed to on a daily basis. It’s just as easy to manufacture a businessman as it is to manufacture a thug.
Jaylen Bledsoe’s company does web design and other forms of IT consulting for companies located mainly in the Midwest. He actually reminds me of another young person I met recently, Emerson Spartz, the founder of Spartz Media. Spartz is not African American, but both of these young men serve as powerful templates for what our boys can become if given the right guidance.
When I spoke with Emerson, we both agreed that around the age of 12, we probably had ADHD. But we also both agreed that, while ADHD gets you in trouble in school, it can actually be beneficial to have a mind that races from one good idea to the next. Personally, my short attention span caused me to struggle in school until I gained my footing in college. High school felt like prison to me, and my horrible grades reflected that sentiment.
Emerson’s parents had a better idea: Take him out of the school system altogether. But not only were they going to home school their son, they also decided that they weren’t going to force him to learn any particular subject. Instead, Emerson’s parents focused on making sure that their child could read well, communicate in writing, and do math, which is pretty much what any person needs to know in order to succeed in life. I’ve rarely seen anyone struggle in their profession because they’ve never read old English literature or learned the Periodic Table in Chemistry.
So, basically, Emerson’s parents allowed him to study whatever he wanted, which sounds almost insane. They also required him to read a biography of a successful person every day to get a vision for his future. Before long, Emerson, like a lot of kids, gained a strong interest in Harry Potter. He then went on to found Mugglenet.com, the largest Harry Potter site in the world.
So, just like Jaylen, Emerson was a 15-year old millionaire. He is now a 26-year old genius with a natural and burning desire to learn new things. He’s been featured in Inc Magazine and was a New York Times best-selling author by the age of 19. Speaking to him was like talking to other college professors in academia.
Young men like Jaylen and Emerson define the vision of what we’re seeking to do with the group of educators we’ve gathered around the country for our homeschooling initiative at Your Black World. The public school system is failing our children miserably, especially black boys, turning potential leaders into tiny men with low self-esteem. This has produced a state of emergency where, for every Jaylen Bledsoe, we produce a thousand wannabe rappers, basketball players, and prison inmates. I must be entirely honest when I say that the next Martin Luther King is having his future aborted every single day of the week.
Public school systems have become a virus, infecting millions of our boys with the disease of complacent mediocrity. With each additional day of education, they become more deeply socialized into the mental health crisis that undermines their ability to become strong husbands and fathers. They then enter into an economic system that is not wired to give them employment, even when they’ve made good choices and obtained several years of post-secondary education; as a result, black men have the rates of unemployment, incarceration and homicide in the entire country. Let’s face it: This nation is not designed for most black men to be successful and a thousand marches on Washington will never change that.
My suggestion on this issue is simple: 1) Every black child in America should be home schooled, even if they go to school someplace else, and 2) Every black child in America should be taught the basics of how to run their own business.
Homeschooling may not mean taking your child out of school every day, but it does mean using the time that your child is not in school to teach him skills he will need to be a successful adult: The basics of black history, how to be a good parent, how to buy a home, etc. In other words, it means being a truly educated human being with adequate life skills and the ability to engage in critical thinking. Critical thinking can make the difference between life and de?th, or poverty and prosperity: Nearly every black man runs into a George Zimmerman at some point in his life, whether it’s a white racist trying to harm him or another black man trying to put him in the grave.
Secondly, being an entrepreneur doesn’t mean not working for anyone else, but it does mean having alternative streams of revenue so that you are not enslaved by a corporation that causes you to check your freedom and self-esteem at the door. That way, when situations call for you to stand up, you’re not faced with a corporate overseer telling you to sit right back down. Living paycheck-to-paycheck, deep in debt, on one stream of income is a surefire pathway to a lifetime of socioeconomic servitude.
When I come to Medgar Evers College in New York this month with Dr. Cornel West, Dr. Marc Lamont Hill (Columbia University), Dr. Wilmer Leon (Howard University) and Dr. Christopher Emdin (Columbia University) for our next forum on Wealth, Education, Family and Community, our goal is to introduce a new paradigm of thought as it pertains to how we go about developing our youth. They must be prepared to survive and compete in a world that doesn’t always love them, and have the skills necessary to overcome obstacles that they will most likely face in their path.
We MUST create more Jaylen Bledsoes and fewer Lil Waynes. The truth is that both of these young men are geniuses, and both of them know how to work hard. The difference is that one of these men is a net asset to his community and the other is a blatant liability. One of these men is positioned for freedom and the other has been pre-assigned to psychological slavery. One of them is going to live long and prosper, while the other one might be de?d before the age of 35. Both of these men are prototypes, and every prototype can be replicated with the thoughtful design of pre-determined structural and environmental factors. Don’t believe me?
Check out Rosz Akins and the Carter G. Woodson Academy in Kentucky, where she manufacturers extraordinary young black men who are equipped to become world leaders in politics, business, science and everything else. This DOES NOT happen by accident.
America incarcerates more black men on a per capita basis than South Africa did during the height of apartheid. In this country, a prison cell and a casket are being built for every black boy on the day he is born. If we do not change the trajectory of that child’s life at an early age, then their fate is already sealed. Not only do our boys have the tools to survive all enemies foreign and domestic, they have the power to thrive and conquer when their energies are channeled in the right direction. Our community MUST regain control of this process, and we must not take “no” for an answer.
In the words of Dr. Christopher Emdin, we must Occupy our children.
Staff Writer; Dr. Boyce Watkins
Dr. Boyce Watkins is the founder of the Your Black World Coalition. For more information, please visithttp://BoyceWatkins.com.