A few months ago I announced I’m starting a foundation to give cash grants and other resources to parents who are entrepreneurs. I know lots of ParentPreneurs: Black, white, and Asian who are experiencing the unique challenges of starting a business while raising kids.
It’s a different experience than the stereotypical-young-twenty-something, hoodie-wearing-white-kid in Silicon Valley with no kids.
But after the last few months, I decided the foundation will be for Black ParentPreneurs only.
Why did I change my mind?
Simple. Ahmad Aubrey, Breonna Taylor, George Floyd, and now Rayshard Brooks. And because Karen keeps harassing and threatening me and I no longer feel safe in my own home.
Black Lives Matter.
And beyond that, Black people don’t have the same resources as many of my white ParentPreneur counterparts. I’m a first-generation college graduate in my family. And I don’t have a relative I can call to give me $50,000 to hold me over until I was able to get enough traction with my business.
You can’t be what you can’t see
We all know you can’t be what you can’t see. But it’s actually deeper than that. You can’t even imagine what’s possible because you don’t have the social capital to execute on an unimaginable idea.
Black people don’t have enough social capital.
So, as of now, the ParentPreneur Foundation will be here to help Black ParentPreneurs. We will start with a focus on people with e-Commerce products for sale.
Because that’s what I know and since we won’t be the Bill and Melinda Gates foundation and won’t be able to help everyone, we want to have an impact and we need to start somewhere.Why My Foundation To Help ParentPreneurs Will Be For Black People Only #BlackLivesMatter #SupportBlackBusiness @jack Click To Tweet
I have a grantor who will make a $50k founding grant-he’s very well known and his donation will help us raise lots more money.
We are looking for cash donations and resources we can give the beneficiaries to help their businesses (e.g., free web server space) and make their lives as parents easier (e.g., free diapers).
Please ping me if you work for a company that wants to help Black entrepreneurs and will partner with us. I’m looking at you Facebook and Twitter.
If you’re a Black ParentPreneur with an e-Commerce product for sale who is serious about building your business with skin already in the game, please visit our foundation landing page and sign up and we will let you know when we officially launch.
No wantrepreneurs allowed.
We are about to file for our 501 c 3 status with the IRS using Resilia, a company founded by a remarkable Black woman who just raised an $8 million series A capital round, then we will be off to the races!
Lessssssss go!Why My Foundation To Help ParentPreneurs Will Be For Black People Only #BlackLivesMatter #SupportBlackBusiness @jack Click To Tweet