Black Enterprise

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Money manager learned his craft the hard way

His book guides everyday people to financial literacy

By Dwight Hobbes

Contributing Writer


“Some are born great,” according to William Shakespeare, “some achieve greatness, and others have greatness thrust upon them.” Well, some it seems also seize it by the throat. That’s the sort of sense of purpose and determination you get a feel for when talking to New Beginning Financial Group ( chair, president and CEO Mark A. Wingo. In a telephone interview with the Minnesota Spokesman-Recorder, he spoke in firm tones with inherent authority as someone who has come up from virtually nothing and become the kind of world-beater who has been profiled in such publications as Black Enterprise and Ebony. Where flocks of fly-by-nighters hop up and down on a soap box, peddling get-rich-quick schemes, claiming to know how to advise you with buzzword concepts like “wealth creation,” Wingo speaks from experience as a practical example of how to financially inform and empower oneself. While the benefit to be derived is universal, he makes a point of addressing African Americans interested in getting better at making and managing money. Continue Reading →

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Report urges more positive LGBT stories in Black media

Conclusion of a two-part story

By Charles Hallman

Staff Writer


LGBT people of color often are seen as “double-outsiders” in their respective communities, says the Opportunity Agenda report on LGBT issues and race released in September. The report, “Public Opinion and Discourse on the Intersection of LGBT Issues and Race,” examined current public opinion and how ethnic and new media play a role in both perpetuating and challenging myths and biases about LGBT people. It defined “double-outsider” as a Black LGBT or LBGT person of color being marginalized “both from the mainstream and their respective community because of their race and their sexual identity.”

Jessica Adair and Amber Harris both told the MSR that they never heard of such terminology before, but do admit they are perceived differently. “You got two strikes against you — you’re Black and you’re gay,” admits Adair. Both women, who are professional basketball players, say they often hear “all female athletes are lesbians” talk. “I ignore it,” says Harris. Continue Reading →

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