Black Wealth Renaissance

Mar 07 2024 115 mins 8

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Welcome to Episode 215 of the Black Wealth Renaissance Podcast (BWR)! Today, we're diving deep into government procurement and the power of positioning in entrepreneurship with our esteemed guest, Jean Austin. As a seasoned government procurement specialist and the mastermind behind Bank Ready and Jean Austin Business Strategies, Jean shares his incredible journey from being laid off to becoming a full-fledged entrepreneur and securing lucrative government contracts.

Time Stamp

1:56 - Guest Intro

5:15 - Layoff creates an entrepreneur

13:28 - First government contract

16:45 - The Procurement cycle

26:50 - Lossing a billion-dollar project

36:09 - Newest contract secured

38:37 - How does the government debt ceiling affect procurement

46:44 - It’s easier to buy a business over a home

1:05:30 - Red flags of government contracting

1:16:20 - Why small businesses fail

1:40:10 - Standing on Business by PSBS