#45, Women & Their Reproductive Rights


About three weeks ago, I was quoted in an article by Christine Michel Carter (Forbes), The Unexpected Impact of Birth Control on Female Entrepreneurship https://www.forbes.com/sites/christinecarter/2018/03/01/the-unexpected-impact-of-birth-control-on-female-entrepreneurship/#79fbc119707b, well, the conversation continues as I lend my voice again about women and birth control. In an article written by Jeffrey McKinney (Black Enterprise) Birth Control, Reproductive Rights Key to Black Women Entrepreneurs’ Success http://www.blackenterprise.com/survey-birth-control-black-women-entrepreneurs/, I had a lot to say about how #45 is causing women and their reproductive rights to become an option instead of a necessity.

In my continued effort to speak not only for small businesses but minority and women https://thejegroupzone.wordpress.com/2017/11/07/back-to-basics-for-business-growth/, I am standing in the forefront to help out voices to be heard. We must speak loudly and strategically above the white noise from writing to our elected officials to voting in those that have our best interests at heart. “In order to succeed, we must continue the journey as small business owners with the support from Congress, government and elected officials.”

What are your thoughts about #45, women and their reproductive rights?


Making Billions the Simple Way


Warren Buffett is the person to follow not only if you are seeking intellectual ways to perform trade and stock pickings but in the practical way that he lives his life. No, he isn’t perfect, but there is a method to his madness. Despite the fact that he is a multi-billionaire with stakes in several companies from See’s Candy and Johnson & Johnson to the Coca-Cola Company he has a strategy that’s actually simple.

In The Warren Buffett Way by Robert G. Hagstrom, you will learn the characteristics behind the investments as displayed in Chapter Four: Common Stock Purchases: Nine Case Studies.  I have been a fan of Buffett for decades and have read several books about him, and each time I come away with something different about him. In this book, you will learn the various ways in how Buffett processes his investments, as well as learning about his principles and practices.

From his childhood to his mentoring relationships, everything that he has encountered has been instrumental in the choices that have made about his success as displayed in Chapter Two: The Education of Warren  Buffett. You will learn from this book that it takes practice to acquire not only the financial gain that Buffett is known for but the most important thing is to fully understand the industry in which you have an interest in investing in. Did you know that your knowledge of industry commodities will help you to obtain a more sound investment decision?

While everyone may not obtain the same financial gain as Buffett, it is always a great practice to understand the man behind this simple principle as shown in Chapter Six: The Psychology of Investing. As Buffett states “patience is the key.” As you will see in Chapter Eight: The World’s Greatest Investor, Buffet states it simply “How I got here is pretty simple in my case. It is not IQ; I’m sure that you will be glad to hear. The big thing is rationality…..”

In Buffett’s Tenets: Business, Management, Financial and Markets you will be taught the various aspects of the decision-making process. As an added feature watch the movie, Becoming Warren Buffet, where you will learn not only about the man and his billions. Also, you will learn about his wife, Susan, who died in 2004 but has left an indelible mark on who he is today.

B.E.S.T. Publishing (A Division of Jabez Enterprise Group (JEGroup)

What Does Your Destiny Hold?


What does your destiny hold? Are you walking in or towards your calling? The Greatest Salesman In The World by Og Mandino is a classical story about life and purpose. The lives that we live, the talents that we possess and the wealth that we acquire is not only for ourselves but the betterment of the world. In this compelling story, Hafid tells us how.  Hafid is a man of great wealth. Every year he has his chief bookkeeper, Erasmus, to yearly give half of his profits to the poor. Since the loss of his love, Lisha, Hafid has begun to see life differently. He desired only to maintain enough money to live life comfortably but as the years progressed, Hafid’s willingness to divest his wealth increased.

One day Hafid revealed a secret to Erasmus about his success which he placed directly on a set of scrolls that he had been keeping privately in a chest. Most people live on this earth vicariously walking to and fro while others see that there’s more to life than themselves and that of those around them. How do you look at your life? Make sure that it is a part of the destiny that you were called to?

B.E.S.T. Publishing (A Division of Jabez Enterprise Group (JEGroup)

Support Our Indie Authors

Holiday Wishes (2017)

WOW, where did this year go? For me, 2017 went quick. Each year brings with it some new and exciting adventures. How was 2017 for you? As an advocate for small businesses, I am always seeking ways to help small businesses grow. One way to help make this happen is by supporting indie authors.

Make your money count by joining me in supporting independent authors.  By purchasing books from indie authors it will not only help them, but it will allow you to become exposed to some great literature that you otherwise would not be aware of from business, fiction and children stories to caregiving.  Here are a few:

  • A Spooky Tale by Sue Wickstead
  • The Wretched Road to Success: A Book on Business & Management Theories by Matthew Krumsiek
  • The Big Sneeze by Linda Medwig
  • Any of Carole Roman’s If You Were Me and Lived Series From Kenya, Italy, and Mayan Empire, to Turkey
  • Much More

For more visit Support Indie Authors.

B.E.S.T. Publishing (A Division of Jabez Enterprise Group (JEGroup)

Let’s Walk Into Another World


Photo Courtesy: Aldwyn Gallery


Books can be so entertaining that it can take you to another world. Lately, I have been enjoying the world of mystery, suspense, and intrigue. Because of time constraints, I have been unable to read a book physically, so I had to resort to listening to audiobooks.

In my quest to dabble in the audiobook world and to seek out some great choices I decided on a few that you too may enjoy. Let’s explore two of them. One of them you will find is over seven years old while the other one is relatively new, but they are so entertaining that you would not want to stop reading or listening to them.

I will provide you with an overview to not spoil the plot of the story. First, is The Associate by John Grisham (2009), a story of suspense and intrigue about Kyle McAvoy, a young attorney. In Kyle’s world, he goes through the experiences of living the life and wonders of becoming an attorney but what he sees behind the scenes puzzles him.

What he realizes is that his hourly salary, the tireless charades of clients’ paperwork and watching his co-workers spend more than they make just to look the part is all created to become a part of the illusion in the life of an attorney. He is living the dream. He realized that he had made it, but all that glitters is not gold.

His life changes when one day his past catches up with him. He is being asked to expose the secrets behind the firm that he’s working with? Will Kyle risk what he has worked so hard for or will he play along as if nothing has happened?

Next, Dangerous Games by Daniel Steele (2017), a story of high-risks, and mystery of working behind the scenes in the media industry. With TV correspondent, Alix Phillips, and Ex-Navy SEAL turned cameraman, Ben Chapman, working together, no story is safe. Alix has a passion for turn over every stone with Ben close behind.

As they travel abroad to cover stories that are dangerous either from riots or gunshots they always come back with excellent results. Alix wanted to find out more about Tony Clark, Vice-President of the United States. As she begins to turn over several stones, she discovers that Vice-President Clark wears different faces.

On the outside Vice-President Clark seemed to be confident and appears to be a man in charge yet in his private life, Clark is a man of corruption, deception, and cunny. No one knew, not even the President of the United States, that Vice-President Clark would do whatever it takes to become the next President. As Alix began to research the various aspects of the story concerning Vice-President Clark, she begins to uncover something so sinister that her life and those around her are at risk. Will this make Alix cease continuing the story or will she do what she does best tell the truth and to give the story the exposure that it needs?

B.E.S.T. Publishing (A Division of Jabez Enterprise Group (JEGroup)


Being A Business That Benefits

Up until this point, you should have seen a variety of different articles that I have crafted for you from health care and access to capital to taxes. From the House of Representatives, and the U.S. Senate to the numerous Small Business Policy Forum’s panel of experts these articles were written with you in mind, the business owner. I wanted to provide you with a wealth of information that you can benefit from in running your business.  If you have missed any of the articles, click here:

  1. Tax Reform or Tax Cut
  2. ObamaCare vs the ACA
  3. Back to Basics

In my last article, we will discuss the various aspects of portable benefits (includes healthcare, and retirement). We all know that small businesses have to get creative to acquire and maintain great talent.  In order to do this, they must provide an assortment of benefits but should portable benefits be one of them?

Let’s look at this conversation two ways:

  • Scenario One: As an employer, you are responsible for a lot of people from your employees to their families but what happens when your employee decides to leave the company? Should you be responsible for their portable benefits? If so, for how long? Or should they be responsible for their own?
  • Scenario Two: Your business uses several freelancers and contractors, you depend heavily on their talent and the services that they provide. So what happens when they decide to leave the company? Yes, they are not your employee but should you be responsible for their portable benefits? If so, for how long? Or should they be responsible for their own? Are your answers the same as it would be if they were your employee?

Regardless, of the way that you answer either of these questions, understand that the workforce is shifting. Retirees and millennials are entering the workforce and most are opting to become freelance or contract workers. With this type of workforce, establishing a universal portable benefits system is ideal.

In today’s marketplace contractors and freelancers has a focus on not only getting paid but seeking to assure that their healthcare and retirement benefits are paid, current and available when needed.   Having a universal system would also help those employees that decide to leave a company but later determine that they wish to become an independent contractor or freelance worker instead. A portable benefit system should not only provide options to suit several needs but be affordable.

During the Portable Benefits: Creating An Infrastructure for Entrepreneurs to Thrive panel myself and a few other industry experts discussed what portable benefits could mean to small business owners including freelance and contract workers. In all honesty, small business owners want to see that their employees get the best because they are the ones that are helping to make the company profitable.

According to panelist, John Scott, Retirement Savings Director, The Pew Charitable Trusts, “66% of full-time employees are offered portable benefits, 48% of the employers want to help their employees save for retirement, and 22% of employers lack an internal administrative resource that will allow them to start and maintain a portable benefits system.”

For the sake of argument, let’s focus on retirement. While there are a lot of choices out there, there are several types of plans available, let’s explore a few:

For the sake of healthcare should the U.S. adopt a system that is universal for everyone as I discussed in ObamaCare vs the ACA? One thing that is prohibiting more small business owners from offering portable benefits is costs. From administrative setup and upkeep to contributions, should there be some type of subsidy programs in place to help offset these costs?

If so, should the programs be subsidized by the federal government? Or should this be a local or State financial responsibility? “Individuals that wish to do so, should be able to provide their own portable benefits and not be subjected to a specific employer but there must be multiple plans and options available, like a common or shared interest program,” Shilpa Phadke, Senior Director, Women’s Initiative at the Center for American Progress.

With some support, this will allow the new and emerging workforce the ability to take on the responsibility for their own future and not leave these critical pieces in the hands of others, especially since they are not an employee of the company. As a portable benefits plan is being created it should meet the needs of the freelancer or contract worker with minimum financial disruption during their Golden Years. As previously stated we business owners need to get creative in how we acquire and maintain the talent to run our businesses.

There are several ways that companies are becoming creative in their efforts to obtain the deliverables that they require. Below you will see several examples of which the first two companies offer full portable benefits, the third company offers partial portable benefits and the last offers no portable benefits but provides the revenue that freelancers and contractors can use to fund their portable benefits plan:

  • Company 1: 26-hour work-week for full-time employees but these employees are paid for a 40-hour work-week. This helps to offset the childcare and costs that these employees may encounter otherwise. By implementing this small step, this small business owner has been able to increase their revenue and productivity while creating an asset for their employees.
  • Company 2: One of my clients, offers several company benefits from wholesale catalog discounts; vacation, sick and family leave; and charity contributions matching to other types of personal flexibility. The interesting thing is that the majority of the benefits that this company offers if out of the company’s Profit and Loss (P&L). We all know that normally these costs are what the small business owners use to live off of but instead, this client passes these profits on to their employees.
  • Company 3: Employees may not be provided a full portable benefits package but they are instead offered profit sharing and are co-owners of the company that they work for.
  • Company 4: I work with several freelance and contract Since I am unable to provide them with portable benefits, I try to look for ways to provide them a long-term Return on Investment (ROI). One option is that I offer them revenue sharing on a project, that has a long-term, steady income flow. In this case, the workers obtain revenue for a number of years, which they can use to invest and fund their portable benefit accounts.

For those small businesses that offer an entrée of portable benefits including family leave should there be tax credits?  It is difficult to determine how portable benefits should roll out for small businesses, freelancers or contract workers but it should exist. Here are some other discussions about portable benefits that may interest you:

If you have any concerns about how portable benefits will affect you consider the following:

  • Contact your local representative or your State’s Senator
  • Write a letter to the editor of your local newspaper
  • Consider an Op-Ed (Opinion-Editorial)

Once again I thank you for your support and the opportunity to serve you.  Subscribe to The JEGroupZone to stay up to date on articles and information about initiatives, programs, and issues that will affect you and your small business. As always, if you have a concern or issue that you would like for me to cover or talk about on your behalf in the near future please feel free to contact me at Jabez Enterprise Group (JEGroup).

“Don’t just stand by, be a part of the conversation.” Vernita Naylor

Vernita Naylor
Founder/Owner, Jabez Enterprise Group (JEGroup)
Small Business Ambassador Since 2001


Back to Basics For Business Growth

Photo Courtesy: Small Business Majority

Being a business owner is not for the weak at heart. It takes a lot of blood, sweat, and tears to juggle all of the balls and to keep them afloat in the air. Business owners have a lot of pressure on them because they are responsible for a lot of people from the community and their employees or subcontractors to their families.

Despite the fact that small businesses are the catalyst for job creation, economic growth and stimulating the community, accessing capital for their business is still a thorn in the side for many, primarily within the diverse communities. The Access to Capital: The Key to Small Business Growth and Economic Development panelist was candid about the culture of the financial institution practices on lending. With their gut-wrenching advice they were able to provide us the tools and resources that we would need to stay in the game.

As we all know the lending practices today has adversely affected millions of underrepresented and disadvantaged businesses for centuries from home to business ownership. When a small business owner, particularly from the diverse community, applies for a loan there are continual biases and prejudices that the system possess. You can provide every documentation required, have collateral and still can run up against a loan denial.

There is a great deal of discrimination in lending,” David Newvill, Director of Federal Policy, Prosperity Now. One of the business owners that attended the Small Business Policy Forum was transparent about his lending experience. Here is an overview of what he displayed to us:

He has been in business for over 10 years. He needed funding to help take his business to the next level. He provided all of the required documentation, however, he experienced a glitch. The glitch was that according to Sage Stream Reporting, which was used for credit reporting by the financial institution that he was working with, his profile came back not creditworthy. The irony was that he stated that Sage Stream Reporting had the wrong person and that their findings of his creditworthiness were incorrect. These errors that were reported by Sage Stream Reporting is what caused his application to be denied, despite the fact that he tried everything to correct the mistakes that Sage Stream Reporting had made.

As you can see outside of the three big credit reporting agencies: TransUnion, Equifax or Experian there are other companies coming online that is tremendously affecting business lending. Everyone in attendance including the panel of experts wanted to know exactly who is Sage Stream Reporting. The irony is that no one knew or had ever hear of this company, including the panelist. Isn’t that interesting?!

Do you know who your lenders use to access information about you? “Only 53% of those that apply for loans actually receive the requested amount,” Joyce Klein, Director of Microenterprise Fund for Innovation, Effectiveness, Learning, and Dissemination (FIELD), Aspen Institute. As a small business owner, my question is why only 53%?

There is truly something wrong here. “Be aware of merchant cash advance services,” Joyce Klein. What is she talking about?

Just like Sage Stream Reporting has entered the marketplace so has unregulated sharks pertaining to lending. These sharks are ready to offer you an unsecured loan but at a higher Annual Percentage Rate (APR).  In order to obtain access to capital to help grow your business, these lenders require access to your checking account.

The purpose for this access is so that they can debit your account for daily payments and if you decide to pay off the loan early, there is an early prepayment penalty attached. Don’t wait until you need the money for your business growth locate a lender now and get your ducks in a row. If you feel pushed up against a wall you are more than likely to get a loan at any costs.

For the larger institutes that are regulated like your major bank, these financial institutions do not see the value in lending to you. As they see it, the costs to underwrite a loan is the same, whether the dollar amount requested is $2,500, 25,000, $250,000 or $2.5 million dollars. The bottom line is their bottom line!

Manny Hidalgo, Director of the Office of Economic Opportunity, U.S. Small Business Administration’s (SBA) Office of Capital Access indicated that SBA has been fully aware of the biases that minorities are receiving within the banking community so they are creating more programs that are designed to help offset some of the costs and risks that big banks may face in lending to diverse communities. “SBA lenders look at other things outside of your FICO Score. We also have a Lending Match Program that is designed to match lenders with business owners,’ says Manny.

In today’s marketplace business owners should be aware of the Small Business Borrower’s Bill of Rights,” Jessica Milano, Former Deputy Assistant Secretary for Small Business, Community Development, and Housing Policy, U.S. Department of Treasury, which is designed to operate using better lending practices. There are six key initiatives that these Rights operate under:

  • The Right to Transparent Pricing and Terms
  • The Right to Non-Abusive Products
  • The Right to Responsible Underwriting
  • The Right to Fair Treatment from Brokers
  • The Right to Inclusive Credit Access
  • The Right to Fair Credit Practices

I have a suggestion, let’s go back to basics. How does that look? How would it work?

Going back to basics is looking at lending institutions with a vested interest in your business success. Take your money out of the major banks and begin looking at partnering with your local, community bank. Another back to basic move would be to look into crowdfunding programs like KIVA. Or borrow from family and friends and if they need an incentive consider revenue sharing or providing them a share in the business.

Lauren Stebbins, Vice President of Small Business Initiatives, Opportunity Finance Network provided several other back to basic resources that can be beneficial to business owners that are seeking the necessary technical assistance and programs to help finance their needs:

Remember, as a small business owner you must continue to make your voice heard and to stay up to date on small business issues by reaching out to these organizations and your Senators now:

Once again I thank you for the opportunity to serve you and for your support.  If you have a concern or issue that you would like for me to talk about on your behalf within the near future please feel free to contact me.

“Don’t just stand by, be a part of the conversation.” Vernita Naylor

Vernita Naylor
Founder/Owner, Jabez Enterprise Group (JEGroup)
Small Business Ambassador Since 2001