The culture of money has many of us chasing money. FGF is for founders ready to let money chase them. Through a podcast and newsletter, we’re creating a network for founders, investors and community builders to create a new culture for money.
We All Gon' Eat
We conduct surveys to better understand the network of founders we’re building. This information confirms why FGF needs to exist. In Q4 of 2019, FGF conducted a survey to gather data on business funding being allocated to founders. We received 34 responses. Here’s the break down:
You will learn alongside FGF through multimedia content that tells stories. Entrepreneurs sharing their experiences is vital to the growth of Black entrepreneurship. Trust is the core of social capital. When we share our downfalls, we help everyone get up.
Oh, We Talking Teams?
If growth is broader than providing capital, what do we need to support the Black entrepreneurial ecosystem? Black entrepreneurs tend to hire other black people. Yet, over 90% of Black businesses are led by solopreneurs.
The lack of Black employers is highlighted in “To expand the economy, invest in Black businesses” published by Brookings. The co-author’s empirical research is a foundation for building an ecosystem of leaders to support Black entrepreneurship. FGF supports this effort by growing a network of founders ready to get funds together.