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Why Black Businesses Struggle And What Needs to Change (Ft. Kim Davis)
In this raw and insightful episode of Finally Free, Khalid Abdul-Qaadir sits down with Kim Davis, President & CEO of the Heartland Black Chamber, to unpack the hard truths about economics, trust, and the future of Black business.
Why doesn’t the so-called “Black dollar” circulate? Is it about infrastructure, mindset, or something deeper? From the myths of Black Wall Street to the danger of relying on grants, Kim and Khalid explore how social intentions often collide with business reality, and what it will actually take for Black communities to thrive economically.
They dive into:
- The difference between social entrepreneurship and viable business
- Why trust is still a barrier in Black communities
- How the chamber is training Black businesses to build real infrastructure
- What true access to capital looks like
- Why apprenticeship, investment, and reinvestment are key to collective growth
This is more than just a conversation. It’s a call to shift mindsets, build systems, and get serious about sustainability.
Tap in for one of our most real episodes yet.
—
⏱️ TIMESTAMPS:
- 00:00–00:59 – Welcome & Intro
- 01:00–05:08 – Why the Black Dollar Doesn’t Circulate
- 05:09–10:31 – Business Mindset vs. Social Mindset
- 10:32–14:55 – Trust Issues in the Black Community
- 14:56–20:00 – Media, Religion & Teaching Our Own
- 20:01–24:46 – Lessons from Black Wall Street
- 24:47–27:05 – Rebuilding Black Business Today
- 27:06–33:34 – StrideSphere: Preparing Businesses to Scale
- 33:35–36:00 – Why Grant Culture is Holding Us Back
- 36:01–40:22 – What Real Access to Capital Looks Like
- 40:23–49:10 – Responsibility, Reinvestment & Community Standards
- 49:11–54:25 – Apprenticeship, Technology & The Urgency to Adapt
- 54:26–59:10 – AI, the Future & Legacy Thinking
- 59:11–01:04:30 – Final Thoughts, Shoutouts & Vision Casting
—
🎙 Finally Free is now streaming on Spotify, Apple Podcasts and YouTube 🎧
Listen Now: https://www.agakc.com/finally-free-podcast
Follow us on IG:
→ https://www.instagram.com/aga.productions/
→ https://www.instagram.com/finallyfreepod/
→ https://www.instagram.com/heartlandblackchamber/
View all episodes
By Big Rob Savage and KhalidIn this raw and insightful episode of Finally Free, Khalid Abdul-Qaadir sits down with Kim Davis, President & CEO of the Heartland Black Chamber, to unpack the hard truths about economics, trust, and the future of Black business.
Why doesn’t the so-called “Black dollar” circulate? Is it about infrastructure, mindset, or something deeper? From the myths of Black Wall Street to the danger of relying on grants, Kim and Khalid explore how social intentions often collide with business reality, and what it will actually take for Black communities to thrive economically.
They dive into:
- The difference between social entrepreneurship and viable business
- Why trust is still a barrier in Black communities
- How the chamber is training Black businesses to build real infrastructure
- What true access to capital looks like
- Why apprenticeship, investment, and reinvestment are key to collective growth
This is more than just a conversation. It’s a call to shift mindsets, build systems, and get serious about sustainability.
Tap in for one of our most real episodes yet.
—
⏱️ TIMESTAMPS:
- 00:00–00:59 – Welcome & Intro
- 01:00–05:08 – Why the Black Dollar Doesn’t Circulate
- 05:09–10:31 – Business Mindset vs. Social Mindset
- 10:32–14:55 – Trust Issues in the Black Community
- 14:56–20:00 – Media, Religion & Teaching Our Own
- 20:01–24:46 – Lessons from Black Wall Street
- 24:47–27:05 – Rebuilding Black Business Today
- 27:06–33:34 – StrideSphere: Preparing Businesses to Scale
- 33:35–36:00 – Why Grant Culture is Holding Us Back
- 36:01–40:22 – What Real Access to Capital Looks Like
- 40:23–49:10 – Responsibility, Reinvestment & Community Standards
- 49:11–54:25 – Apprenticeship, Technology & The Urgency to Adapt
- 54:26–59:10 – AI, the Future & Legacy Thinking
- 59:11–01:04:30 – Final Thoughts, Shoutouts & Vision Casting
—
🎙 Finally Free is now streaming on Spotify, Apple Podcasts and YouTube 🎧
Listen Now: https://www.agakc.com/finally-free-podcast
Follow us on IG:
→ https://www.instagram.com/aga.productions/
→ https://www.instagram.com/finallyfreepod/
→ https://www.instagram.com/heartlandblackchamber/