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Pioneering Efforts: Johnson Fulfills his Vision
Johnson’s stint at Supreme Liberty Life Insurance had inspired him to go off on his own. He had the desire, he had the energy, but what he was sorely lacking was capital to start his company. Few were eager to give their money to an unknown African American entrepreneur with little previous experience in the business world. He even tried his luck with the First National Bank of Chicago, which he had approached for a $500 loan. “I’m one of First National’s premium customers today,” Johnson later recalled. “But the assistant to the assistant that I managed to see in 1942 laughed in my face. ‘Boy,’ he said, ‘we don’t make any loans to colored people.’”

Other first nationals Related Articles

Expanding the supply of finance through the non-financial private sector - Increasing SME Access to Finance: A Four Pronged Approach
Financial institutions are not the only source of money for SMEs. Apart from remittances by nationals working abroad, which are a key boost to private-sector growth, the interdependence between SMEs, large firms and sectoral “clusters” is a major potential source of finance, as shown in Asia and Latin America.
How to Leverage the Potential of Foreign Employees for the Success of a Business
We live in a world of migration and the number of migrants crossing the borders increases daily. For a business, hiring foreign nationals can be a great asset, as they bring their unique skills, expertise, knowledge, ethics and culture. And even more, they can help a business in the global market; in fact, as the world becomes smaller and smaller a business will inevitably find itself dealing with foreign customers, clients or suppliers, whether here or abroad, and foreign employees can help it deal successfully with foreign cultures. Furthermore, foreign employees can be a source of personal and professional growth, and such growth will automatically bring about financial growth. But it is very important to understand that ...
Elliot Jones asks How do FMCG companies utilise Affiliate Marketing opportunities
Ever wondered how FMCG companies, both start-ups and multi-nationals, utilise Affiliate Marketing to generate sales? If so read on... Affiliate Marketing: How affiliate marketing is being used to shift fast-moving consumer goods. How FMCG marketers are choosing to increase their presence online through affiliate marketing rather than though using other online marketing tools.
VISA provisions India
Foreign Nationals desirous of coming into India are required to possess a valid passport of their country and a valid Indian Visa. There is no provision of 'Visa on Arrival' in India and no fee is charged for immigration facilities at the airports. Foreign passengers should ensure that they are in possession of valid Indian Visa before they start their journey to India except nationals of Nepal and Bhutan who do not require visa to enter India and nationals of Maldives who do not require visa for entry in India for a period up to 90 days (a separate Visa regime exists for diplomatic/official passport holders).

SHANGHAI - GATEWAY TO BUSINESS IN CHINA
With the sixth largest economy in the world, continued annual growth of nearly 10% and a 1.3 billion people strong population, Big Dragon China has developed a reputation as the “great new market”. A majority of multi-nationals are already in China while small to mid-size firms around the globe are rallying to get on board. Succeeding in China, however, is not without challenge and many companies fail. To be successful, a company must act intelligently. Intelligence means seeking expert advice, ensuring the opportunity is real and entering China through a developed regional market or “gateway” if you will. For most products and services, our gateway of choice is Shanghai.
Commercial Financing: The Benefits of Off-Balance-Sheet Financing
There are two different categories of commercial financing: on-balance-sheet financing and off-balance-sheet financing. In the continuing tight credit environment, off-balance-sheet financing can offer significant benefits to any size company, from large multi-nationals to mom-and-pops. These benefits arise from the fact that off-balance-sheet financing creates liquidity for a business while avoiding leverage, thus improving the overall financial picture of the company.
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