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"No Wealth In The Hood" Follow up by Matthew Wulukau June 25 2013

 The last blog we posted got a few responses digging deeper into the issues and solutions to Wealth in the urban communities.I felt it was appropriate to post this now with the excessive amount of crime and murder going on this week. So i want to introduce a Morehouse Graduate brother Matthew Wulukau very intelligent young man and active in our community. 


    

Greetings Clarence

From San francisco CA-

I hope this email finds you in good spirits.

I am excited about the eagerness you have to raise awareness in our
underserved communities.

-
I believe it's extremely imperative for African Americans (Blacks) to wake up!!!

1st we must gain a sense of self identity.
We must know who we are as individuals & a people.

2nd we must understand the face value of the dollar and find out how
(Money) actually works.
We must learn about credit, bonds, stocks, mutual funds, Hedge funds
Roth IRA, Life Insurance, especially Life Insurance. Life Insurance
can be used as a source to generate revenue.

In addition to that we must obtain  EDUCATION. We must have general
knowledge about everything. If we do these things we can control who
we put in office. It's Money that elects our leaders not votes. (pay
attention)!!!  If we practice these things we can have enough Money
generated to where we can rebuild our community's we can educate our
own. We can have enough to sustain ourselves. ( Underserved community
)


Why is it that we don't do business with each other but rather spend
with every other race?
Why is it that we are the number 1 Consumer with over a total of 800
Billion Dollars in expenditures. ( Clothes, Shoes, Cars, Bling etc...
)

Why?

Matthew Wulukau Jr




"No Wealth In The Hood" June 19 2013

    I was doing some reflecting on where i come from which is the HOOD and started to think of some of the benefits i gained. The Hood is a great place to build character it  forces you to mature quickly and be independent and in that sense its a beautiful place. But there is a darker side to the hood that is RARELY spoken upon you hear about the crime and violence but i want to dig deeper than that i want to talk about what causes most of the violence and crime. I want to to talk about WEALTH in the hood. See in America and around the world a majority of WEALTH is sustained and passed down from generation to generation And in order to SURVIVE in this country we call AMERICA a certain amount of wealth needs to be acquired. In the hood there is no WEALTH so whats passed down is poverty which is very damaging to the community. There is no real estate being passed down there is no businesses being passed down and there is no money for education being passed down NO assets are being passed down so its no foundation for the next generation to build upon. I use to think focusing too much on wealth was somewhat evil but what i learned was the exact opposite.I learned that all COMMUNITIES where there is poverty its high crime rates and highly mis-educated people so in actuality we do need to focus on wealth.What we need to do is 1. Start to educate ourselves on how to build WEALTH its libraries full of books teaching how to build wealth we must learn then TEACH 2. Start to acquire assets (things that make us money) such as Real estate,Stocks and Bonds or Small Businesses this will not only build wealth for ourselves but give our generation after us a foundation to build upon and Elevate. 3. we have to support the people from our communities go read my previous blog speaking on the importance of support it makes things GO. if you don't support your own who will?

    In conclusion i want to say NEVER forget where you come from and be proud of who you are BUT also study your environment and learn whats really going on and WHY its going on. The hood is a great place it has created millions of brilliant minds and some of the strongest most Charismatic people in the world. On the other hand if we are not using none of these incredible characteristics that we learned from the hood to progress we are doing ourselves and community a disservice. When it comes to building wealth what hood you from does not matter when you trying to buy a home your hood doesn't matter when it comes to putting our children in college what hood your from doesn't matter thats why we must take what we learned from the hood and implement the knowledge outside of the hood and use it to better our community. It has to be about more than ourselves but about our community as a whole. Blessings to you all-C.lee





"WORK ETHIC" June 10 2013

 Lets get right into it the words "Success" and "Grind" are thrown around loosely in the year 2013 everybody is on the grind and everybody wants to be successful. You see the countless INSPIRATIONAL "memes" online and everybody is trying to make it "to the top". All this is great i love seeing motivated people but here is where i have cause of concern, NOBODY WANTS TO WORK!!!!!! I talk to a number of people and we all came to the conclusion that a majority of us just do not want to work. Its a real "something for nothing" epidemic going on these days especially with our youth. We make time for EVERYTHING we want to do or feel like like doing but when its time to really work we pull out a long list of excuses. In my personal opinion i feel like if you have time to "kick it" or "hang out"  or party you should definitely have time to work. This is is all apart of the necessary SACRIFICE of achieving worthy goals. As simple as all this sounds I was shocked when i noticed how often its NOT applied. Here is my story:Ok so i have had the pleasure to live in the "ghetto" and the suburbs and i BELIEVED that the "suburbs" was a place with a healthier environment to create a better opportunity (which it is). BUT you would be amazed at how many young people in the suburbs DO NOT take advantage of this opportunity and after extensive hands on research and conversations the common factor was "WORK ETHIC". I believe so many people here are comfortable in a good situation they either don't know how or don't want to put in the necessary work it takes to accomplish any real goals. Whats sad is its a lot of extremely talented people here (also in the hood but thats for another time) they just refuse to work and the excuses run a MILE and usually not even important excuses they just clearly do not want to work. We have the perfect opportunity to do great things but instead we got to "kickbacks" (thats a big thing in the suburbs) and many other un-important activities. In closing if you do not get anything from this article get this, ANYTHING AND EVERYTHING takes sacrifice, there is NO something for NOTHING its not real delete that thought and any thoughts like it,and finally Work Hard yes it sucks and you get tired but understand you were put in a situation to succeed and do great things take full advantage of that and create that situation for the next generation.-C.lee

 Here is a pic of a classic tee from the C.lee brand "Work Like A Slave Eat Like a King"