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Tuesday, January 15, 2008

An Excerpt From The Coach's New Book

Get In The Game!

The excerpt below is taken from Part II, Chapter 3 of the Coach's New Book - Tales My Grandma Told Me, A Business Diversity Fable


Assuming that the minority entrepreneur understands that he will succeed based on business acumen and tenacity as opposed to relying on ethnic status and further assuming that he has a written plan; he is now ready to get in the game. Many MBEs wrongly assume that simply being a minority entitles them to participate in corporate supplier diversity programs. That is not entirely accurate. Virtually, all supplier diversity programs require minority participants to be certified by certain national, certifying entities.

For minority-owned businesses, the best known and most widely accepted certification comes from the National Minority Supplier Development Council Incorporated ("NMSDC").The NMSDC and its thirty-nine national affiliates, among other things, certify applicants as being legitimately minority-owned and meeting other set standards of business viability. Through its certification and various other programs, the NMSDC has created a database of certified minority businesses across numerous disciplines. Without this certification, minority-owned businesses are not prepared to compete within traditional supplier diversity channels.

The certification process is uncomplicated and is a must for all MBEs seeking to seriously exploit supplier diversity opportunities. Yet I am always amazed at the large number of MBEs that fail to become certified or substantially delay in doing so. MBEs must understand that NMSDC certification may very well be only a beginning, but it is the beginning within the realm of supplier diversity marketing. Minority entrepreneurs without NMSDC certification are uniformly denied entry to corporate supplier diversity programs.

So what will you do? Will you continue to sit on the sidelines or will you get in the
game and run to win? Log onto http://www.nmsdcus.org/ and learn how to obtain minority
certification in your region of the world.