TED Talks Daily How entrepreneurs can unlock their full potential | Jay Bailey
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Aug 16, 2024 
Jay Bailey, an entrepreneur and advocate for Black-owned businesses, shares his inspiring journey into entrepreneurship. He discusses the challenges of belonging that often inhibit idea realization and highlights the importance of overcoming limiting beliefs. Jay reflects on a pivotal childhood moment with his barber that ignited his path and sheds light on the inequalities faced by marginalized communities. He emphasizes the need for authentic spaces to thrive and how community support can unlock potential and foster entrepreneurship.
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Barber Shop Inspiration
- At age 11, Jay Bailey saw a Mustang he admired and asked his barber how he could afford it.
- The barber explained he was an entrepreneur who owned multiple barbershops.
The Power of Ownership
- Hearing the word "entrepreneur" and the concept of ownership changed Jay Bailey's life.
- This encounter led him to become a business owner at 12 and later lead the Russell Center.
Untapped Potential
- Many great ideas never reach the market due to a lack of belonging, especially in underserved communities.
- The key difference between thriving and struggling communities is often access, opportunity, and exposure.