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The single most important issue facing
African Americans is that of creating Wealth”
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“The single most important issue facing
African Americans is that of building Wealth”

The Book-From Civil Rights to Silver Rights                      JC-The Entrepreneur
JC on Leadership                                                              JC on Civil Rights

The Book-From Civil Rights to Silver Rights


Covington is sharing his knowledge with the African American community through his newly released book, From Civil Rights to Silver Rights.  Covington traces the challenges faced by African Americans through the 19th and 20th centuries into the present – analyzing the transition from the fight for civil rights to the pursuit of opportunities for to acquire wealth. 

The book acknowledges the gains of the Civil Rights movement while demonstrating the need to look further – to Silver Rights.  From Civil Rights to Silver Rights demonstrates that “the single most important challenge facing African Americans in the 21st Century is wealth acquisition.”

We Need An Economic Movement
He calls on us to create an Economic Movement and state that in each of the past two centuries, African Americans faced “dominant challenges.”  We were able to overcome these challenges through major movements guided by faithful, competent and unrelenting leaders. This 21st Century is no different; it too brings with it a “Dominant Challenge”.  But that challenge is not Civil Rights.  That battle was won, finally, in the 20th Century. The new issue is Silver Rights (Wealth Acquisition) and, as African Americans did in the last two centuries, we must meet the dominant challenge of this century head-on with an Economic Movement.

Leadership
the book calls for an awaken of the new leaders of this generation to take on their historic responsibility and charge them with the task of launching this 21st Century Movement for Silver Rights. At the center of this new leadership are members of the emerging black business class, primarily those high-level managers whose business knowledge and expertise gained in Corporate America give them the best chance for entrepreneurial success, and economic success for us all, in this Silver Rights Movement.

It encourages us to applaud the efforts and contributions of current members of the Congressional Black Caucus and countless other local and state leaders born out of the Civil Rights struggle. But challenge those engaged in Silver Rights issues to help them understand that their historical status as effective leaders of the Civil Rights era does not necessarily qualify them for 21st Century leadership.

Covington suggests that, with few exceptions, these leaders are simply not prepared to deal with this new economic challenge. They, for the most part, represent 20th Century ideals and have not recognized that the struggle of the 21st Century is that of building wealth. Simply put, they  have not demonstrated that they have the vision, insight, or capability to develop the wealth acquisition strategies necessary for African Americans to overcome the challenges they will face in the 21st century.

Black Business Class
The book stresses the important of creating a strong black business class, because a viable black business class is the engine for community reinvestment and ultimately, Centers of Wealth.  It is the principle component for establishing and retaining capital within a community. 

Circle of Wealth Concept
The Circle of Wealth concept is introduced by Covington as an instrument for fostering an Economic Movement for African Americans with the ultimate objective of building wealth in our community to aide in solving the multitude of systemic problems facing our communities.
The Circle of Wealth is a derivative of the old African Proverb, “It takes a whole village to raise a child.” To grow an economy will take many different components of the African American “village” or community, components that we control or influence. The Circle of Wealth principle encompasses seven core components that form the foundation for driving the process of wealth creation in the African American community.  They are: Messengers, Agitators, Primers, Partners, Leaders, Supporters and Drivers.

COBE (Creating Opportunities for Black Enterprises)
Lastly, the book offers solid wealth acquisition business opportunities as well as tools and resources needed to ensure business success through the COBE (Creating Opportunities for Black Enterprises) business organization.