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We boycotting or nah?

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January 29, 2025

TLDR: Mandi and Chris discuss Mandi's new move to SF and Chris' dating experience post-divorce, while also discussing the stock market tumble for tech giants and bird flu impact on finances, followed by an interview with Kim Lewis (CurlMix founder) about DEI initiatives in retail and supporting black-owned brands. A discussion is held on how new entrepreneurs should maintain motivation amidst funding drying up and challenges.

1Ask AI

Welcome back to another insightful episode of Brown Ambition! In this episode titled We Boycotting or Nah?, hosts Mandi and Chris engage in a lively discussion about personal milestones, challenges in business, and the current state of economic affairs, all while they navigate through various topics of interest.

Key Highlights from the Episode

Personal Updates from Mandi and Chris

  • Chris's Move to San Francisco: Chris shares experiences from his recent move to San Francisco, poking fun at the challenges involved in relocating. He emphasizes the difficulty of packing and lifting heavy boxes while transitioning to a new environment.
  • Dating After Divorce: Chris opens up about his journey of dating after divorce and the importance of building friendships prior to romance. He stresses understanding personality dynamics before jumping into relationships, noting that being friends first has positively influenced his current relationship.

Economic Landscape Concerns

  • Stock Market Trends: The hosts touch upon declining stock prices for major tech companies, exemplifying the volatile nature of the stock market and its impact on consumer perception.
  • Inflation and Cost of Living: They discuss rising prices, particularly of essentials like eggs, and link it to broader economic issues. They challenge listeners to redirect their concerns from singular price spikes to the larger systemic issues of cost of living increases.

Focus on DEI Initiatives and Boycotting

  • Guest Interview with Kim Lewis: The episode features the inspiring Kim Lewis, founder of CurlMix, who shares her perspective on the implications of recent rollbacks in Diversity, Equity, and Inclusion (DEI) initiatives among major retailers, specifically referencing Target's withdrawal of support for Black-owned brands.
  • The Pros and Cons of Boycotting: Kim articulates the potential effectiveness of boycotting as a movement while simultaneously highlighting the economic ramifications for small businesses reliant on larger retailers for income.
  • Target’s Role and Retaliation: The hosts explore a significant question: Does boycotting a retailer like Target truly influence systemic change, or does it threaten the livelihood of Black-owned brands? Kim suggests a balanced approach of supporting those brands specifically while holding retailers accountable.

Advice for Entrepreneurs

  • Navigating Investment Challenges: Kim shares her experiences with funding, noting how small businesses face significant hurdles as investment capital becomes scarce. She introduces the concept of "targeted buying," encouraging customers to consciously support Black-owned businesses even within large retail spaces.
  • Importance of Sustainable Business Models: The conversation touches on the necessity for entrepreneurs to diversify their business strategies to withstand fluctuating market conditions, advocating for innovative approaches to customer engagement without solely relying on social media ads.

Valuable Takeaways

  • Building Resilience: Through humorous anecdotes and serious discussions, both Mandi and Chris inspire their audience by emphasizing the importance of resilience, especially in the face of economic uncertainty.
  • Engagement Matters: The episode serves as a reminder that fostering genuine relationships in both personal and professional settings is vital for long-term success.
  • Being Strategic: Listeners are encouraged to think critically about how economic trends influence their choices and behaviors in supporting businesses and the overall community.

Final Thoughts

As the year progresses, the podcast leaves listeners reflective about their roles as consumers and supporters of small businesses, especially during systemic economic changes. With insights from Kim Lewis and the engaging dynamics between Mandi and Chris, this episode offers a rich tapestry of discussion that emphasizes empowerment, engagement, and community support.

Until next time, stay ambitious!

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