Tytus Penn
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My Money is Green, is Yours?

January 13, 2012

Money Dollars Cash Tytus Penn

So in actuality I want to write a book about this subject one day, but for now I’m going to use my site to talk directly the hustlers to get one of the most important economic points across.

Money is GREEN!

You’re probably asking yourself, “What does he mean by that exactly?” Here’s what I mean:

As humans we are some socially cliquish little b*stards. What I mean by that is that we are usually very comfortable socializing with the same group of people over and over again. This isn’t a bad thing, but usually it’s a clique of people who look like, think like, talk like, and act like us. Again, that’s not a bad thing at all. I think that’s actually just a human’s nature. But in the market place that nature can shoot you in the foot in the long run.

We’ve all heard of Colgate, right? I mention them because it’s the first brand that comes to mind. I don’t know the company’s history, the ethnicity of the founder, so on and so forth. All I know is that they sell toothbrushes and toothpaste. Imagine if you will that a Jewish family started Colgate. Let’s say they put the Star of David on all of their products, how successful would they be? Had that been the case Colgate probably would not have the mass appeal they have today. Or what if Toshiba made their TV’s to only speak in Japanese? Do you get where I’m going with this?

I notice a lot of start-ups are catered to a certain crowd of people, which isn’t bad, but if that crowd is the same clique you run with then your money will be limited. If a Black man opens a Black shop to sell Black products then guess what… His money will be very limited because he can only make Black dollars. Am I making any sense?

Instead of going after the White dollar, or the Black dollar, or the Latino dollar, or the Asian dollar, go after the Green dollar. And believe me, you can pull that off easier than you think! All you have to do find a void and fill it. That’s it! It’s really that simple. Just find a service that’s missing and you do what you can to bring that service to the market place. Don’t get me wrong some businesses need to fill that cultural void, but a lot of times that void is overflowing with so many people trying to cram into the one lane. If you are a business owner ask yourself how many people in your inner circle (or close to it at least) are trying to do the same thing you are? You’ll notice that you all kind of ended up with similar businesses when there is a wide array of services and goods that people need.

I hope this helps out your hustle. 2012 is here! Let’s get it crackin! Also if you think this is in anyway beneficial share it with your “clique” by pressing the buttons below.

  • Anonymous

    Good logic! I know plenty of other ethnicities cater their business to folks who share their culture (Asian/Mexican restaurants, newspapers, etc) but those groups are also more likely than Black folks are to support their own. Instead of just targeting your business to a group that’s not super likely to support you, why not be inclusive? If you want to have a Black business just for Black clientele, maybe do that along with having something for everybody. You have to have an additional primary plan as well.

    • Monique

      All Money Is Not Green…I Am Interested In Several International Currencies…The Dollar Ain’t What It Used To Be…Besides All That Digital Dough Is All Zeros And Ones…Gold Will Always Be My Favorite

      • Anonymous

        Great points.

        Can you tell us whether you keep your gold in a safe deposit box or something more like buried under a tree in your yard?

        I think your comment pretty much makes the same point as the original post by using a more global-scale example. Just as we shouldn’t rely on an income stream from just a select group of people, ethnically, we shouldn’t limit ourselves nationally (or materially) either.

        • http://trillism.com/ Tytus Penn

          True! Damn you two have taken a thought to a whole other place. I wasn’t even thinking global. This was more for the folks I know around the way trying to generate income. Now we have a whole new topic of discussion. I likes.

      • http://trillism.com/ Tytus Penn

        True. All money is not green. Credit these days is the end all be all in America (or if you have actual bars of gold I think you’d be pretty set, too.) I used the color Green to separate money from the idea of ethnicity, that’s all.

        • Storyfive

          I am firmly distrustful of banks (credit unions aside) I like to keep my money close in the event of evacuation or devastation. I want that tree in my yard to be fruit bearing because it won’t matter how much $ anyone has when there is nothing left to buy. Also I like having gold/silver/copper in tangible easily exchangeable ways (wearable jewelry and smaller trinkets) so they can be easily traded for goods and services if necessary.

    • http://trillism.com/ Tytus Penn

      Funny that you mention immigrants, I feel they have a code of loyalty and understand that keeping the money circulating from one hand to another within that group empowers them. Great points, thanks!