How the Fourth Industrial Revolution Can Close the Racial Wealth Gap - Best Webhosting

ULTRAFAST, CHEAP, SCALABLE AND RELIABLE! WE STRONGLY RECOMMEND ACCU WEB HOSTING COMPANY

Watch WebHosting GoDaddy Video: How the Fourth Industrial Revolution Can Close the Racial Wealth Gap.
Rodney Sampson, the first Southern Black tech founder to raise millions in venture capital, reveals the importance of entrepreneurs tech-enabling their business to prepare for Industry 4.0. Subscribe to GoDaddy on YouTube: http://bit.ly/GoDaddy-Subscribe

0:25 What is the fourth industrial revolution?
0:45 How to close the racial wealth gap in America
0:59 What you need to start a technology company
2:37 How businesses can thrive in the fourth industrial revolution

As we enter the Fourth Industrial Revolution, it’s important for small business owners to prepare for this new era to thrive long-term. But Rodney Sampson of Opportunity Hub (OHUB) and Brookings Institute takes it a step further and says Industry 4.0 is what will propel Black entrepreneurs to close the racial wealth gap in America. Even for those who don’t build technology companies, simply tech-enabling a business will pave the way for success in a digital world. Adopting software tools to digitize and automate your business will also help save both time and money in the long run — something many small business owners don’t have enough of. As we embrace Industry 4.0, the door is opened for a new world of entrepreneurship that will strengthen the economy and help close the racial wealth gap for Black entrepreneurs. It’s time to move forward and empower an innovative, entrepreneurial and wealth building society for everyone.

Learn more about “Embracing the Power in Black economics” on the Open We Stand blog: https://www.openwestand.org/roundtable-discussion-embracing-the-power-in-black-economics

References:

Examination of wealth in the U.S. finds evidence of staggering racial disparities. The net worth of a typical white family is nearly 10x greater than that of a Black family. https://www.brookings.edu/blog/up-front/2020/02/27/examining-the-black-white-wealth-gap

Rodney Sampson was the first Black technology founder in the South to raise millions in venture capital. https://www.protocol.com/rise-of-the-rest-virtual-pitch-competition

Out of 60% of net new jobs in America today, 20% of those come from startups and 40% come from technology firms. https://www.mckinsey.com/featured-insights/employment-and-growth/technology-jobs-and-the-future-of-work

One of the elements of this revolution is the use of smart machines to solve problems without human intervention. https://en.wikipedia.org/wiki/Fourth_Industrial_Revolution

Office workers spend 69 days a year on administrative tasks, costing companies $5 trillion a year. https://www.gograyleaf.com/process-automation#:~:text=According%20to%20a%20McKinsey%20report,companies%20%245%20trillion%20a%20year

54% of executives say A.I. solutions implemented in their businesses have already increased productivity. https://blog.zoominfo.com/statistics-about-artificial-intelligence

Learn more about Rodney Sampson:
https://www.linkedin.com/in/rodneysampson
https://www.brookings.edu/experts/rodney-sampson
https://www.opportunityhub.co
https://www.blackangels.co

Resources for Small Businesses:
Venture Forward study: https://www.godaddy.com/ventureforward
GoDaddy small business tools and resources: https://www.openwestand.org
Up-to-date info on COVID-19: https://www.cdc.gov
COVID-19 resources and grant information: https://www.covid19businesscenter.com

The information contained in this video is provided for informational purposes only and should not be construed as an endorsement or advice from GoDaddy on any subject matter.

#GoDaddy #OpenWeStand #FourthIndustrialRevolution #RacialWealthGap

Published: Wednesday, February 17, 2021 11:12 AM
Category: WebHosting GoDaddy

21 Views

Related Videos

Download The Fourth FREE Theme Builder Pack For Divi

by Best Webhosting Added 4 years ago 70 Views / 0 Likes

Learn more: https://www.elegantthemes.com/blog/divi-resources/download-the-fourth-free-theme-builder-pack-for-divi Get 10% Discount: Join - https://www.elegantthemes.com/discount/today/ Renew - https://www.elegantthemes.com/members-area/renew/?discount=10 Upgrade - https://www.elegantthemes.com/members-area/membership/discount/ Hey Divi Nation, thanks for joining us in a very special installment of our ongoing Divi design initiative. As a part of our
Popular
The Simple Strategy To Build Wealth

by Best Webhosting Added 4 years ago 104 Views / 0 Likes

The Simple Strategy To Build Wealth High Interest Online Savings: http://www.ally.com Free Online Business Training: http://bit.ly/free7wayscourse • Subscribe for more free tips: https://www.youtube.com/greggottfried?sub_confirmation=1. Share this video with a friend: https://youtu.be/VBhbQkEr2tw My Camera and Recording Equipment: http://bit.ly/gregs-cameras My Most Recommended Books: http://bit.ly/gregs-books Disclaimers: All opinions are my own. Lin
How to close a client without even trying

by Best Webhosting Added 1 year ago 20 Views / 0 Likes

Powered by Restream https://restream.io/ I just picked up a new local business as a client today... zero selling, zero jargon, zero pressure. Want to know what I did? Enjoy the show! And if you want to learn how I run my agency, be sure to check out services by number: https://servicesbynumber.com
Close | CSS Text Transition Hover Effects

by Best Webhosting Added 4 years ago 77 Views / 0 Likes

Please LIKE our Facebook page for daily updates... https://www.facebook.com/Online-Tutorial-Html-Css-JQuery-Photoshop-1807958766120070/ Track: Skylike - Dawn Link: https://youtu.be/Jg9nDEtqWV0
My Struggles & Success - Up Close & Personal With Brad

by Best Webhosting Added 4 years ago 81 Views / 0 Likes

No Coding today....This is a very personal video about my life struggles and success. I wanted to share it because I think it can help some people going through tough times. I also really want my supporters to know where I came from. I know some people will be judgmental but it is something I am willing to risk • BECOME A PATRON: Show support & get perks! http://www.patreon.com/traversymedia Website & Udemy Courses http://www.traversymedia.com Follow
Popular
7 Secrets to Making Millions of Dollars Online | 21st Century Wealth Secrets Revealed!

by Best Webhosting Added 4 years ago 110 Views / 0 Likes

In this brand new video, I'm going to teach you how to make money online in the 21st century. Subscribe here to learn more of my secret SEO tips: Subscribe here to learn more of my secret SEO tips: https://www.youtube.com/subscription_center?add_user=neilvkpatel Find me on Facebook: https://www.facebook.com/neilkpatel/ Read more on my blog: https://neilpatel.com/blog Do you know how people made millions of dollars back in my parents' days? They did th
Industrial Responsive Moto CMS 3 Template #54635

by Best Webhosting Added 4 years ago 66 Views / 0 Likes

Launch FREE 14-Days Trial for All MotoCMS Templates! Attract more clients to your project: http://www.templatemonster.com/moto-cms-3-templates/54635.html?utm_source=youtube&utm_medium=link&utm_campaign=54635 Subscribe Our Channel: http://goo.gl/zjoR8Z Follow us: Facebook http://goo.gl/3yXKEu Twitter http://goo.gl/NR5fDK LinkedIn http://goo.gl/qDZeEO Dribbble http://goo.gl/UwqX48 Pinterest http://goo.gl/Tp8Je5
Industrial Responsive Moto CMS 3 Template #53238

by Best Webhosting Added 4 years ago 79 Views / 0 Likes

View more: http://www.templatemonster.com/moto-cms-3-templates/53238.html?utm_source=youtube&utm_medium=link&utm_campaign=53238 Subscribe Our Channel: http://goo.gl/zjoR8Z Follow us: Facebook http://goo.gl/3yXKEu Twitter http://goo.gl/NR5fDK LinkedIn http://goo.gl/qDZeEO Dribbble http://goo.gl/UwqX48 Pinterest http://goo.gl/Tp8Je5
Industrial Responsive Moto CMS 3 Template, #55328

by Best Webhosting Added 4 years ago 78 Views / 0 Likes

Launch FREE 14-Days Trial for All MotoCMS Templates! Get it right now: http://www.templatemonster.com/moto-cms-3-templates/55328.html?utm_source=youtube&utm_medium=link&utm_campaign=55328 Subscribe Our Channel: http://goo.gl/zjoR8Z Follow us: Facebook http://goo.gl/3yXKEu Twitter http://goo.gl/NR5fDK LinkedIn http://goo.gl/qDZeEO Dribbble http://goo.gl/UwqX48 Pinterest http://goo.gl/Tp8Je5
Industrial Technology Website Template #57908

by Best Webhosting Added 4 years ago 88 Views / 0 Likes

This responsive theme is featured by a professional, unobtrusive color scheme with bright accents, which are intended to direct the attention of your visitors to the most important content elements of your website. View more on our website: http://www.templatemonster.com/website-templates/industrial-responsive-website-template-57908.html?utm_source=youtube&utm_medium=link&utm_campaign=57908 Subscribe Our Channel: https://www.youtube.com/user/TemplateM
Industrial Responsive Moto CMS 3 Template, #53238

by Best Webhosting Added 4 years ago 70 Views / 0 Likes

Launch FREE 14-Days Trial for All MotoCMS Templates! View More: http://www.templatemonster.com/moto-cms-3-templates/53238.html?utm_source=youtube&utm_medium=topmoto&utm_campaign=53238 Subscribe Our Channel: http://goo.gl/zjoR8Z Follow us: Facebook http://goo.gl/3yXKEu Twitter http://goo.gl/NR5fDK LinkedIn http://goo.gl/qDZeEO Dribbble http://goo.gl/UwqX48 Pinterest http://goo.gl/Tp8Je5
Industrial Responsive Moto CMS 3 Template, #55336

by Best Webhosting Added 4 years ago 84 Views / 0 Likes

Discover more features of this Responsive Moto CMS 3 Template: http://www.templatemonster.com/moto-cms-3-templates/55336.html?utm_source=youtube&utm_medium=link&utm_campaign=55336 Subscribe Our Channel: http://goo.gl/zjoR8Z Follow us: Facebook http://goo.gl/3yXKEu Twitter http://goo.gl/NR5fDK LinkedIn http://goo.gl/qDZeEO Dribbble http://goo.gl/UwqX48 Pinterest http://goo.gl/Tp8Je5