On the sale of Essence Communications Inc: "What I would…
““On the sale of Essence Communications Inc: "What I would first learn is something that Suzanne de Passe, the legendary Hollywood producer who headed Motown Productions, commented on thirty years ago when there was talk of Motown being sold: 'In a certain way black people seem to feel that black companies owe them something extra, the kind of something extra that cannot be given if you want to stay in business.””
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
It warns that black-owned businesses may feel pressured to give extra benefits to black consumers, which can hurt profitability.
In simple terms: Black firms may feel obliged to give extra to black customers, risking business health.
Balance community expectations with sustainable business models.
Themes
Mood
Type
When to use this quote
- entrepreneurship
- community relations
- investment decisions
Key Concepts
Questions to Reflect On
- How can businesses serve community without compromising viability?
- What policies can support equitable expectations?
Overemphasis on identity can limit market reach.