PHILADELPHIA (KYW Newsradio) — Philadelphia-area college students and residents get a master class in entrepreneurship from some of the country’s most unique business owners, and the focus was on minority businesses.
Master P is best known as a rapper, actor and philanthropist who’s sold more than 100 million albums and continues to venture into different fields. He stopped by Cheyney University for their Friends and Family Day to show others how to build their businesses.
“This is so important because we only show up when it’s sports events, basketball, football or baseball, but why not show up to something to empower us and educate us on how to keep some money. Not just how to get some money,” he said.
Master P spoke on a panel with other successful black entrepreneurs about financial literacy.
“You look at African Americans, we don’t look at the importance of education. It’s important for us to see people successful that look like us, come from the same struggle and pains that we come from and just to let our people know we can make it out of this,” he said.
James Lindsay, who also sat on the panel, is a Cheyney alum and owner of the potato chip company Rap Snacks.
“I want them to take away that anything is possible if you continue to work, put your work in and believe in what you’re doing,” Lindsay said.
He had a universal message for aspiring business owners.
“Putting the work in. You can have all of the people in the world around you, but if you don’t have that sticktoitiveness and be able to understand you have to work everyday and out work everybody, you’re not going to be as successful as you would like,” Lindsay added.
Lindsay says snacks are a $540 billion industry and with blacks own less than one percent of it, he wants to help change that.
Justin Udo, KYW News Radio