Abstract

"Entrepreneurial Empowerment and Entanglements: A Historical Analysis of the Black Community-Business Relationship"

Keith Hollingsworth, Morehouse College (keith.hollingsworth@morehouse.edu)

This study delves into the historical context of Black entrepreneurs and their deep-rooted connection to the Black community. It becomes evident that the majority of Black entrepreneurs were not only dedicated to the betterment of their communities but also actively structured their businesses to provide assistance to their neighbors. Simultaneously, a powerful movement emerged from the perspective of the Black community, championed by prominent figures such as Richard Allen and Absalom Jones, advocating staunch support for Black entrepreneurs. This symbiotic relationship flourished, particularly during the era of segregation, serving to strengthen both parties. However, this relationship was not immune to tensions. Systemic racism cast a shadow, resulting in Black consumers often bearing penalties for patronizing Black-owned businesses. Black entrepreneurs still grappled with the struggle for legitimacy within their own communities, and in some cases, they made decisions that prioritized their business interests over the broader public good, leading to friction within their peer groups. This presentation represents the initial step in examining the resilience and complexities of this dynamic relationship from the vantage points of both Black entrepreneurs and the Black community.