The Big Baller Brand: A Business Analysis

Business Business Ethics

This article provides an in-depth analysis of the Big Baller Brand, its business decisions, and the impact of race on business and media ownership.

The Big Baller Brand's Business Decisions

⭐The Big Baller Brand initially rejected a $10 million deal and decided to release their own shoes.

👟The shoe was priced at $500, which was seen as a micro loan or donation to support a Black-owned business.

💰Running a business requires luck and people often underestimate its importance.

📈There is a lack of discussion about the extreme hard work and sacrifice required to build a successful business.

⚖️The speaker feels that people are more interested in industries that are considered sexy, rather than less glamorous ones.

The Impact of Race on Business and Media Ownership

📻Black people used to own radio stations, but the Telcom Act allowed others to buy them up.

📰The loss of black ownership in media is a major problem for black politics and business.

🔍Networking with individuals who have social capital is important for accessing big accounts and investments.

💼Government intervention is necessary to provide financial support as banks are hesitant to invest due to the stigma attached to race.

🌐Racialized individuals face challenges in accessing social capital due to historic reasons and stigmas tied to their race.

FAQ

What was the Big Baller Brand's initial business decision regarding a $10 million deal?

The Big Baller Brand initially rejected a $10 million deal and decided to release their own shoes.

Why is there a lack of discussion about the extreme hard work and sacrifice required to build a successful business?

Many people are focused on building a brand in today's social media era rather than a functioning business.

What is the impact of race on business and media ownership?

The loss of black ownership in media is a major problem for black politics and business.

Why is government intervention necessary for financial support in business?

Banks are hesitant to invest due to the stigma attached to race.

What challenges do racialized individuals face in accessing social capital?

Racialized individuals face challenges due to historic reasons and stigmas tied to their race.

Summary with Timestamps

🙌 0:53Certified financial planner JT Thorton expresses gratitude to his 108,000 viewers and announces upcoming celebrations.

👟 10:21The video discusses the history of the Big Baller Brand and its attempt to establish a billion-dollar valuation.

👟 20:46The speaker discusses the lack of understanding of business and exploitation in the Big Ball Brand.

👥 29:18The speaker commends the host for his show and expresses skepticism towards Jay-Z and LaVar Ball's business abilities.

💰 37:47The video discusses the Big Baller Brand and how it represents the exclusion of Blackness in many businesses.

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