. : Talk
o ostc Oprah Winfrey
will go OD record as. the first
Biac:k to own a . television
and fit production studio.
IWm&ey, who recently cquircd
0WI1lerS1IlJ·1O of her nationally syn­
dicated talk ow, led a small
group of iuw:sto in the pur­
clwe of the 88,(0) square foot
TV and film production facility
OIl Olicago's West Side ... t was
a dream of mine,· Win&ey was
quoted as ying. No purchase
price peo, but the inves­
tors y the total cost of acquir­
ing. rcnovating and equipping
the facility wiD bemore than $10
mi11ioa The facilities feature a
gym, sauna, dining roqm with a ,
private cook and enter�
quarters. The Oprah Winfrey
show will began taping there in
fall 1989. Wmfrey, who Was most
recenlty ranked by Forbes
Magazine as the 14th richest
entertaainer, will rent the studio
to TV, plovie and independent
production companies, Co-in­
vestors �clude Kingworld, the
company that distributes her
show.
<lex, Inc.. a Black owned
software engineeriDg firm that .
getting good rcviews from its
rk on the Trident Submarine.
Mandex has established itself a
frontrummer in the area of un­
der ater surveill nee and
defense systems, is in its second
year of a $16 miUio fo -on
contracr with the Navy for the
Trident Submarine. Mandex,
headquartered in Springfield,
VA, employs over 326 in a
dozen project offices I
throughout the country, and
posted annual sales exceeding
$19 million last year.
WOIIDeD e trepre
- wanted! the National Coun­
cilof egro Women in oonjunc­
tion with the Urban Mass
Transportation Administration
of the U,S Department of
Transportation, has announced
a national project soliciting
Black female entrepreneurs, to
become transit entrepreneurs.
The program will not only
provide information about con­
tract opportunities, but offers
training and guidance for
women who want to start up, ex­
pand or diversify their business
in the transit industry, via a one­
year series of seminars and ex­
hibits. For more information,
contact the National Council of
Negro Women at m United
ations Plaza, New York, NY
10017 or caU 212-687-5870.
I World cballll(e5
: The Birmingham World
wa recently purchased bby
Alabama governor's aide
Nathan Di n, from the Scott
Newspaper Syndicate. Dickson
ys the first order -of business
will be to improve the coverage
and frequency of the Black
weekly.
8(u or tiD. AIleD . akes
headWay: 34-year old, scalp or
Tina Allen � getting closer to
M. dex et biab ,.ar
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JUANITA LYNCH. President
her dream of rommemorating
courageous Blacks W 0 have
stood against the odds, having
,recently oompleted an $85,000
commiss· by the City of Bos­
ton for a nine-foot statue of A.
Phillip Randolph. The statue
unveiled earlier this moDth
by Governor Dukakis. Fact is,
Tma Allen· having a very good
Ja�neseapp
- a r1
. ,
ch owealt
ef Black
ByJ N
Coming on the heels of Prime .
Minister Nakasone's 1987 racial
slur, now m Y' not be the best
time to suggest that Amerrican
Blacks can learn a lot from the
Japa bout how to build
both group and individual
wealth. Regardless, that � ex­
actly what I will attempt to do in
this week's column.
After' World War II, Japan
was a defeated and devastated
nation. But today its eoonomy
ranks as one of, if not the, most
productive in the world.
be Japanese are making
themselves, both as a nation and
as individuals, wealthier and
wealthier ..
How h ve they been able to
f . ccomplish such amazing
conomic feats? And, are there
any lesson American Blacks
,can take from tbe Japanese in
order to improve our own
economic situation?
I think there are four primary
reasons for the amazing success
of the Japanese. In addition,
there is a fot 'Blacks cad learn
from what the Japanese have
done.
I - THE JAPANESE ARE
SERIOUS -ABoUT
BUSINESS·
. The Japanese long ago came
to the realization ·that in order
for their island natioh to
prosper they bad to build busi-
n which could competitive­
ly seD goods and services to the
world. As a result of this realiza­
tion, the Japanese are now the
export champions of the world.
This is lesson number one fo
U.s. Blacks: our economic
status and our social atus in
america wiU remain those of
second class citizeos long
fail to build Black-owo busi­
esses,
Simply put, the OYerwhebn-.
AGG 10·
Cr ative aggression is the
fine a t of gelling h t you want
even f it requ ires tliat you be
flexit)le and force your elf to
think in new and diffe ent ways.
Injhe case of Bia America,
the old individualistic approach
to building wealth is n going to
be e ough i today's w rid.
Con ntrated group effort is the
key. Thin ing in a new and
bolde way' a key.
I .
rison.
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