Rapid Response: Don’t wait for the system, build it!, w/Genius Guild’s Kathryn Finney

Market Solutions

Kathryn Finney, a prominent entrepreneur, highlights the potential of market-based solutions to address systemic racism. She reflects on her personal connection to the community affected by George Floyd's murder and emphasizes the importance of leveraging resources to support activism and change 1. Kathryn believes that if left alone, market systems can positively impact racism by allowing communities to thrive without external interference. However, she acknowledges the persistent challenge of racism's heavy hand disrupting economic progress 1.

If we're left alone in a market based system, it can positively help with racism.

--- Kathryn Finney

She argues that while market-based economies can be beneficial, the challenge lies in overcoming the external forces that hinder their natural function.

   

Community Returns

Community-driven investment returns are central to Kathryn's philosophy at Genius Guild. She asserts that black entrepreneurs not only generate financial returns but also contribute significantly to their communities 2. By investing in black-led ventures, the returns are reinvested into the community, fostering trust and empowerment. Kathryn challenges traditional investment models that often distrust marginalized communities' ability to manage funds effectively.

We trust that the community knows what's best to do with the money.

--- Kathryn Finney

This approach not only yields monetary gains but also builds community wealth and creates role models for future entrepreneurs.

   

Skepticism & Hope

Kathryn expresses skepticism about the effectiveness of current diversity, equity, and inclusion (DEI) efforts, noting that many initiatives are mere lip service. She stresses the need for genuine investment and hard work to address America's deep-rooted issues 3. Despite these challenges, Kathryn remains optimistic, believing that the universe conspires for the greatness of diverse entrepreneurs. She encourages them to persevere, knowing that support exists even when it seems elusive 4.

The universe is conspiring for your greatness.

--- Kathryn Finney

This hopeful narrative underscores the potential for systemic change and the thriving of diverse entrepreneurs.