Books 10 Commandments of Black Economic Power   Dr. Boyce Watkins (Author)

"10 Commandments of Black Economic Power" by Dr. Boyce Watkins is an empowering guide that emphasizes a transformative shift for African American communities from seeking jobs to building wealth through entrepreneurship, ownership, and financial literacy. Watkins articulates a blueprint for economic independence rooted in education, community support, and self-sufficiency.

Key commandments and themes include:

Always be an asset to your family, contributing to generational wealth rather than becoming a financial burden.

Prioritize buying from Black-owned businesses, supporting economic circulation within the community.

Teach Black wealth-building principles to children early in life as a core part of their education and family culture.

Create fertile economic soil for your family by investing in education, real estate, and business development.

Develop robust intra-community economic networks to support and sustain Black-owned enterprises.

Establish capital markets and labor pools under Black ownership to empower the community financially.

Foster mentorship, capital access, and support for Black entrepreneurs to create a thriving entrepreneurial class.

Encourage financial ownership over mere consumption and wage dependency.

Preserve and grow wealth through strategic investments, legal structures, and generational planning.

Maintain unity and cooperation within the Black community to magnify economic power and influence.

Watkins highlights systemic barriers that have historically limited Black wealth accumulation, urging proactive, strategic efforts to overcome these challenges. His guidance combines practical steps with cultural empowerment to build lasting prosperity.