Black MBA - Winter 2008/2009 - (Page 7) contents cover story 24 Back to Basics: Finances 101 By Lynette Holloway and Elaine Richardson It seems that every day brings a new economic challenge. We’ve all dialed it down, but for a generation who’s never had to worry about a down market, how do you get back to the basics? As everyone pulls back and prepares to weather the storm, we look at what "getting back to basics" really means – everything from planning and budgeting to saving up, your retirement funds and, yes, figuring out what you need and what you’ve been buying that you can live without. 29 Is the Middle Class Disappearing? – Your View The results of NBMBAA and Black MBA Magazine's survey on the state of the middle class and what you think the real issues, dangers and concerns are for the Black middle class as the economy shifts into recession. features 18 The First 100 Days – Already in Progress By George E. Curry New President Barack Obama will hit the first 100 days of his administration facing problems not seen in a generation or more – from an ongoing war to an economy in shambles. By the time the new president hits the ground, he’ll need to be sprinting. What exactly are the challenges facing the nation’s first African-American president? 32 From Medals to MBA By Maya Payne Smart After battling a life-threatening illness, family tragedy and stiff competition on the road to a silver medal in fencing at the Beijing Olympics, Keeth Smart is tackling his newest challenge – business school. Catalyst for Change: Then. Today. Tomorrow. 39 Conference Highlights An inside look at NBMBAA’s 30th Annual Conference & Exposition in Washington, D.C., the largest ever, bringing together Black professionals from all over the world for four days of education, networking and career opportunities. BlackMBA • Winter 2008/2009 7
Table of Contents Feed for the Digital Edition of Black MBA - Winter 2008/2009 Black MBA - Winter 2008/2009 Contents Preserving Dr. King’s Legacy: Harry E. Johnson is Six Years and $100 million into his First Fundraising Effort Online: www.nbmbaa.org and www.blackmbaonline.com Up Front: Inauguration Takes Over D.C. From the President: Connecting With the Basics The First 100 Days – Already in Progress Back to Basics: Finances 101 Is the Middle Class Disappearing? – Your View From Medals to MBA Conference Highlights Market Forces: The Job of Trying to Find a Job in a Tight Market Applying to an MBA Program?: Avoid Making these Five Critical Mistakes How They Did It: Catching up with the Winning Teams from NBMBAA’s 2008 National Case Competition Change It Up: If a New Job is at the Top of your New Year’s Resolutions, it’s Time for Careful Planning and Preparation Bull Market: Now is the Time to Take Advantage of Web 2.0 On the Move: Member News, Promotions and More Backstage at BET: NBMBAA’s Leadership Institute Takes on BET’s Case for Growth Toronto Rising: NBMBAA’s Toronto Chapter is on a Progressive Track, Building Strong Partnerships and Exposure as Membership Climbs NBMBAA® Chapters: Find Your Local Chapter Here Do What You Love: Turning Your Passion into a Successful Business Requires Patience, Planning and Plenty of Hard Work Above and Beyond: Meet the Winners of the 2008 Wells Fargo/NBMBAA Entrepreneurial Excellence Award Decorating by Design: Michelle Rider Leaves Corporate Life for Entrepreneurship Culture Shock: Black Museums Nationwide Appeal for Greater Support from the People whose Heritage they Strive to Preserve Gear Up for 2009: Books to Herald Success in the New Year Advertiser Index: Who’s Who in the Issue Black MBA - Winter 2008/2009 Black MBA - Winter 2008/2009 - Black MBA - Winter 2008/2009 (Page Cover1) Black MBA - Winter 2008/2009 - Black MBA - Winter 2008/2009 (Page Cover2) Black MBA - Winter 2008/2009 - Black MBA - Winter 2008/2009 (Page 3) Black MBA - Winter 2008/2009 - Black MBA - Winter 2008/2009 (Page 4) Black MBA - Winter 2008/2009 - Black MBA - Winter 2008/2009 (Page 5) Black MBA - Winter 2008/2009 - Black MBA - Winter 2008/2009 (Page 6) Black MBA - Winter 2008/2009 - Contents (Page 7) Black MBA - Winter 2008/2009 - Contents (Page 8) Black MBA - Winter 2008/2009 - Preserving Dr. King’s Legacy: Harry E. Johnson is Six Years and $100 million into his First Fundraising Effort (Page 9) Black MBA - Winter 2008/2009 - Online: www.nbmbaa.org and www.blackmbaonline.com (Page 10) Black MBA - Winter 2008/2009 - Online: www.nbmbaa.org and www.blackmbaonline.com (Page 11) Black MBA - Winter 2008/2009 - Up Front: Inauguration Takes Over D.C. (Page 12) Black MBA - Winter 2008/2009 - Up Front: Inauguration Takes Over D.C. (Page 13) Black MBA - Winter 2008/2009 - Up Front: Inauguration Takes Over D.C. (Page 14) Black MBA - Winter 2008/2009 - Up Front: Inauguration Takes Over D.C. (Page 15) Black MBA - Winter 2008/2009 - From the President: Connecting With the Basics (Page 16) Black MBA - Winter 2008/2009 - From the President: Connecting With the Basics (Page 17) Black MBA - Winter 2008/2009 - The First 100 Days – Already in Progress (Page 18) Black MBA - Winter 2008/2009 - The First 100 Days – Already in Progress (Page 19) Black MBA - Winter 2008/2009 - The First 100 Days – Already in Progress (Page 20) Black MBA - Winter 2008/2009 - The First 100 Days – Already in Progress (Page 21) Black MBA - Winter 2008/2009 - The First 100 Days – Already in Progress (Page 22) Black MBA - Winter 2008/2009 - The First 100 Days – Already in Progress (Page 23) Black MBA - Winter 2008/2009 - Back to Basics: Finances 101 (Page 24) Black MBA - Winter 2008/2009 - Back to Basics: Finances 101 (Page 25) Black MBA - Winter 2008/2009 - Back to Basics: Finances 101 (Page 26) Black MBA - Winter 2008/2009 - Back to Basics: Finances 101 (Page 27) Black MBA - Winter 2008/2009 - Back to Basics: Finances 101 (Page 28) Black MBA - Winter 2008/2009 - Is the Middle Class Disappearing? – Your View (Page 29) Black MBA - Winter 2008/2009 - Is the Middle Class Disappearing? – Your View (Page 30) Black MBA - Winter 2008/2009 - Is the Middle Class Disappearing? – Your View (Page 31) Black MBA - Winter 2008/2009 - From Medals to MBA (Page 32) Black MBA - Winter 2008/2009 - From Medals to MBA (Page 33) Black MBA - Winter 2008/2009 - From Medals to MBA (Page 34) Black MBA - Winter 2008/2009 - From Medals to MBA (Page 35) Black MBA - Winter 2008/2009 - From Medals to MBA (Page 36) Black MBA - Winter 2008/2009 - From Medals to MBA (Page 37) Black MBA - Winter 2008/2009 - From Medals to MBA (Page 38) Black MBA - Winter 2008/2009 - Conference Highlights (Page 39) Black MBA - Winter 2008/2009 - Conference Highlights (Page 40) Black MBA - Winter 2008/2009 - Conference Highlights (Page 41) Black MBA - Winter 2008/2009 - Conference Highlights (Page 42) Black MBA - Winter 2008/2009 - Conference Highlights (Page 43) Black MBA - Winter 2008/2009 - Conference Highlights (Page 44) Black MBA - Winter 2008/2009 - Conference Highlights (Page 45) Black MBA - Winter 2008/2009 - Conference Highlights (Page 46) Black MBA - Winter 2008/2009 - Market Forces: The Job of Trying to Find a Job in a Tight Market (Page 47) Black MBA - Winter 2008/2009 - Applying to an MBA Program?: Avoid Making these Five Critical Mistakes (Page 48) Black MBA - Winter 2008/2009 - Applying to an MBA Program?: Avoid Making these Five Critical Mistakes (Page 49) Black MBA - Winter 2008/2009 - Applying to an MBA Program?: Avoid Making these Five Critical Mistakes (Page 50) Black MBA - Winter 2008/2009 - How They Did It: Catching up with the Winning Teams from NBMBAA’s 2008 National Case Competition (Page 51) Black MBA - Winter 2008/2009 - How They Did It: Catching up with the Winning Teams from NBMBAA’s 2008 National Case Competition (Page 52) Black MBA - Winter 2008/2009 - How They Did It: Catching up with the Winning Teams from NBMBAA’s 2008 National Case Competition (Page 53) Black MBA - Winter 2008/2009 - How They Did It: Catching up with the Winning Teams from NBMBAA’s 2008 National Case Competition (Page 54) Black MBA - Winter 2008/2009 - How They Did It: Catching up with the Winning Teams from NBMBAA’s 2008 National Case Competition (Page 55) Black MBA - Winter 2008/2009 - How They Did It: Catching up with the Winning Teams from NBMBAA’s 2008 National Case Competition (Page 56) Black MBA - Winter 2008/2009 - Change It Up: If a New Job is at the Top of your New Year’s Resolutions, it’s Time for Careful Planning and Preparation (Page 57) Black MBA - Winter 2008/2009 - Change It Up: If a New Job is at the Top of your New Year’s Resolutions, it’s Time for Careful Planning and Preparation (Page 58) Black MBA - Winter 2008/2009 - Change It Up: If a New Job is at the Top of your New Year’s Resolutions, it’s Time for Careful Planning and Preparation (Page 59) Black MBA - Winter 2008/2009 - Change It Up: If a New Job is at the Top of your New Year’s Resolutions, it’s Time for Careful Planning and Preparation (Page 60) Black MBA - Winter 2008/2009 - Change It Up: If a New Job is at the Top of your New Year’s Resolutions, it’s Time for Careful Planning and Preparation (Page 61) Black MBA - Winter 2008/2009 - Change It Up: If a New Job is at the Top of your New Year’s Resolutions, it’s Time for Careful Planning and Preparation (Page 62) Black MBA - Winter 2008/2009 - Bull Market: Now is the Time to Take Advantage of Web 2.0 (Page 63) Black MBA - Winter 2008/2009 - Bull Market: Now is the Time to Take Advantage of Web 2.0 (Page 64) Black MBA - Winter 2008/2009 - Bull Market: Now is the Time to Take Advantage of Web 2.0 (Page 65) Black MBA - Winter 2008/2009 - Bull Market: Now is the Time to Take Advantage of Web 2.0 (Page 66) Black MBA - Winter 2008/2009 - On the Move: Member News, Promotions and More (Page 67) Black MBA - Winter 2008/2009 - On the Move: Member News, Promotions and More (Page 68) Black MBA - Winter 2008/2009 - Backstage at BET: NBMBAA’s Leadership Institute Takes on BET’s Case for Growth (Page 69) Black MBA - Winter 2008/2009 - Backstage at BET: NBMBAA’s Leadership Institute Takes on BET’s Case for Growth (Page 70) Black MBA - Winter 2008/2009 - Backstage at BET: NBMBAA’s Leadership Institute Takes on BET’s Case for Growth (Page 71) Black MBA - Winter 2008/2009 - Backstage at BET: NBMBAA’s Leadership Institute Takes on BET’s Case for Growth (Page 72) Black MBA - Winter 2008/2009 - Backstage at BET: NBMBAA’s Leadership Institute Takes on BET’s Case for Growth (Page 73) Black MBA - Winter 2008/2009 - Backstage at BET: NBMBAA’s Leadership Institute Takes on BET’s Case for Growth (Page 74) Black MBA - Winter 2008/2009 - Toronto Rising: NBMBAA’s Toronto Chapter is on a Progressive Track, Building Strong Partnerships and Exposure as Membership Climbs (Page 75) Black MBA - Winter 2008/2009 - Toronto Rising: NBMBAA’s Toronto Chapter is on a Progressive Track, Building Strong Partnerships and Exposure as Membership Climbs (Page 76) Black MBA - Winter 2008/2009 - NBMBAA® Chapters: Find Your Local Chapter Here (Page 77) Black MBA - Winter 2008/2009 - NBMBAA® Chapters: Find Your Local Chapter Here (Page 78) Black MBA - Winter 2008/2009 - Do What You Love: Turning Your Passion into a Successful Business Requires Patience, Planning and Plenty of Hard Work (Page 79) Black MBA - Winter 2008/2009 - Do What You Love: Turning Your Passion into a Successful Business Requires Patience, Planning and Plenty of Hard Work (Page 80) Black MBA - Winter 2008/2009 - Do What You Love: Turning Your Passion into a Successful Business Requires Patience, Planning and Plenty of Hard Work (Page 81) Black MBA - Winter 2008/2009 - Do What You Love: Turning Your Passion into a Successful Business Requires Patience, Planning and Plenty of Hard Work (Page 82) Black MBA - Winter 2008/2009 - Do What You Love: Turning Your Passion into a Successful Business Requires Patience, Planning and Plenty of Hard Work (Page 83) Black MBA - Winter 2008/2009 - Above and Beyond: Meet the Winners of the 2008 Wells Fargo/NBMBAA Entrepreneurial Excellence Award (Page 84) Black MBA - Winter 2008/2009 - Above and Beyond: Meet the Winners of the 2008 Wells Fargo/NBMBAA Entrepreneurial Excellence Award (Page 85) Black MBA - Winter 2008/2009 - Decorating by Design: Michelle Rider Leaves Corporate Life for Entrepreneurship (Page 86) Black MBA - Winter 2008/2009 - Decorating by Design: Michelle Rider Leaves Corporate Life for Entrepreneurship (Page 87) Black MBA - Winter 2008/2009 - Decorating by Design: Michelle Rider Leaves Corporate Life for Entrepreneurship (Page 88) Black MBA - Winter 2008/2009 - Culture Shock: Black Museums Nationwide Appeal for Greater Support from the People whose Heritage they Strive to Preserve (Page 89) Black MBA - Winter 2008/2009 - Culture Shock: Black Museums Nationwide Appeal for Greater Support from the People whose Heritage they Strive to Preserve (Page 90) Black MBA - Winter 2008/2009 - Culture Shock: Black Museums Nationwide Appeal for Greater Support from the People whose Heritage they Strive to Preserve (Page 91) Black MBA - Winter 2008/2009 - Culture Shock: Black Museums Nationwide Appeal for Greater Support from the People whose Heritage they Strive to Preserve (Page 92) Black MBA - Winter 2008/2009 - Culture Shock: Black Museums Nationwide Appeal for Greater Support from the People whose Heritage they Strive to Preserve (Page 93) Black MBA - Winter 2008/2009 - Gear Up for 2009: Books to Herald Success in the New Year (Page 94) Black MBA - Winter 2008/2009 - Gear Up for 2009: Books to Herald Success in the New Year (Page 95) Black MBA - Winter 2008/2009 - Advertiser Index: Who’s Who in the Issue (Page 96) Black MBA - Winter 2008/2009 - Advertiser Index: Who’s Who in the Issue (Page Cover3) Black MBA - Winter 2008/2009 - Advertiser Index: Who’s Who in the Issue (Page Cover4)
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