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    GET RICH WHILE BLACK ...: Without Being an Athlete, Entertainer or Drug Dealer - REVISED EDITION - 2021
    GET RICH WHILE BLACK ...: Without Being an Athlete, Entertainer or Drug Dealer - REVISED EDITION - 2021
    GET RICH WHILE BLACK ...: Without Being an Athlete, Entertainer or Drug Dealer - REVISED EDITION - 2021
    Ebook78 pages46 minutes

    GET RICH WHILE BLACK ...: Without Being an Athlete, Entertainer or Drug Dealer - REVISED EDITION - 2021

    By Chuck Starks

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    About this ebook

    How to Create Generational Wealth!

    This revised version of my critically acclaimed book written in 2019, "Get Rich While Black... without Being an Athlete, Entertainer or Drug Dealer" was developed because of comments I received concerning the original version. Many people s

    LanguageEnglish
    PublisherNorcal Books
    Release dateOct 12, 2021
    ISBN9781733735339
    GET RICH WHILE BLACK ...: Without Being an Athlete, Entertainer or Drug Dealer - REVISED EDITION - 2021
    Author

    Chuck Starks

    Chuck Starks is a Black American raised in Rio Linda, a rural area outside of Sacramento, California. He was in the computer business for over 30 years and started investing in income real estate in 1998. He received his real estate license in 2001 and is a real estate investor and commercial agent living in Sacramento and has no plans to retire. He is married and has 2 daughters and 3 grandchildren (two boys and a girl).

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      Book preview

      GET RICH WHILE BLACK ... - Chuck Starks

      Dedicated

      to:

      Roslynn

      Katryna

      Toby

      Rickey

      Terron

      Jayden

      Contents

      DedicatION

      Contents

      Preface

      Introduction

      I Thought That I had it Made (The Good Life)

      Part 1

      Why are Black Americans Poor?

      Slavery, Jim Crow, Racism, Discrimination

      What is being Rich in America?

      Why are other Minorities in America prospering?

      How can Black Americans prosper in America?

      Black-Owned Businesses in America (Pew Report)

      Why Black Businesses Fail

      Don’t Start a Business - Acquire a Franchise

      How Do We Get Rich While Black…

      without Being an Athlete, Entertainer or Drug Dealer?

      Part 2

      Chuck’s Career and Life Experiences

      Recommendations

      How To Get Rich While Black…

      Don’t Hate

      Chuck’s Achievements

      Board of Director Participation

      Business Accomplishments/Awards

      About the Author

      Preface

      This revised version of my critically-acclaimed book written in 2019, Get Rich While Black… without Being an Athlete, Entertainer or Drug Dealer was developed because of comments I received concerning the original version.

      Many people stated that the original book was too short. My normal reply was that the book had one purpose and one purpose only, to give Black Americans a viable option to becoming financially successful (millionaires) in America other than the difficult task of being an athlete, entertainer or life of crime such as drug-dealing.

      I didn’t write the book to entertain the reader. I wrote a very short and concise, to the point, book to prompt Black people to read it and enable them to develop a viable plan to becoming financially successful in a very racist America. America has a system to keep Black people poor and dependent.

      I told people many times that if they wanted to be entertained, there were many books, records and movies out there they could buy, but none to my knowledge, could help them develop a plan to become rich.

      Also, I revised my book to include the latest NCAA Ruling (backed by the Supreme Court) that allows student athletes to receive money for their image and likeness. That ruling will change the financial prospects of many Black families in America within a very short period of time.

      Since students can get paid directly from sponsors, schools and others, that income will translate into an increase in the median net worth of Black people as a whole.

      Most Black families have one or more athletes in their family. Sports is what we do. Black Americans are the best in the world and we excel in sports at a younger age. I estimate that students as young as 12 years old will start receiving a monthly sponsorship (income) from schools, major sporting goods companies (Nike, New Balance, Adidas, etc.) as well as money from sports agents who will pay them for a first-right-of-refusal to represent them in the future if they go pro.

      This should equate to millions or possibly billions of dollars going directly into the hands of Black families each year. No longer will Black parents have to foot the entire bill to keep their children in sports and they could also use the money to bolster the family budget and increase their overall quality of life.

      While the money coming in could increase the lifestyle and quality of life for many Black families, that money will not make most of them rich. No longer will their parents, grandma or grandpa have to send them money from their income or social security checks to help them stay in school, but Blacks will also need a plan to capitalize on that income by making quality investments. That is why my book is still relevant and should be studied.

      Under the old NCAA System, athletes could receive an education, housing, food and books, but they could not receive money directly from schools or sponsorships for personal expenses,

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