One Family Attempts to Stimulate Economy Through “The Ebony Experiment”
John C. and Maggie Anderson are ready to engage in an
experiment that will change their lives. On January 1, 2009, the Andersons
will launch “The Ebony Experiment,” a year-long effort to generate significant
economic growth within the Black community.During this time, the Andersons
will only support Black owned businesses and professionals in efforts to
motivate other Black consumers to do the same. With a concerted national push,
the Andersons
look to prove that Black communities can be improved when Black consumers and
investors support their own.
Tracking Every Penny Spent
For the Andersons,
the Ebony Experiment will be no small undertaking as they will transition their
standing contracts and household expenditures which include loans, utility
bills, credit cards, etc., to truly execute their initiative. The Andersons
will track their progress on the experiment’s website, www.ebonyexperiment.com. The website
will feature a ticker that tracks the Anderson’s
expenditures in real time with a national goal of one million dollars by 2010.“During the coming months, we want The Ebony
Experiment to become a national movement connecting Black consumers and
investors to Black businesses and professionals,” said Maggie Anderson,
president of The Ebony Experiment Group.Anderson
continued, “Ultimately, this will unify the struggling and successful sectors
of the Black community so we can determine and improve our standing together.”
An Effort Worth Supporting
The practice of supporting your own
community is not new and is often exercised by many races in the United
States.However, The Ebony Experiment will be the first time that a Black couple
steps outside of their daily conveniences in order to help build their
community.There are nearly 2.5 million
Black households with incomes over $100,000.The Ebony Experiment targets these middle-class and upper middle-class
families and asks them to make commitments to buy Black. “The Black community
is energized and engaged as we look to 2009.This is the perfect time to leverage that excitement by maximizing the
potential of our business community and the bargaining power of Black consumers
and investors,” said John C. Anderson, co-founder of the Ebony Experiment.
An effort of this magnitude has
drawn the attention and support of esteemed Black scholars and leaders
including world-renowned author Dr. Michael Eric Dyson and Steven Rogers, the director
of the Levy Institute of Entrepreneurial Practice at NorthwesternUniversity’s
Kellogg Graduate School of Management.At the end of the experiment, a comprehensive and revealing study will
be published by Dr. Michael Bennett, the executive director of the EganUrbanEconomicCenter
at DePaulUniversity.Dr. Dyson will also co-author “The Ebony Experiment,”
a book that will chronicle the Anderson’s
journey and how their efforts impacted the Black community.
About The Andersons
John C. Anderson is a Harvard
graduate with a MBA from NorthwesternUniversity’s
Kellogg Graduate School of Management and is a native of Detroit.
Maggie Anderson is a first-generation Cuban American, reared in a drug-infested
area of Miami,
and has a JD and MBA from the University
of Chicago.The Andersons
live in Oak Park,
Ill., with their
daughters Cori and Cara, who are ages two and three respectively.
About
The Ebony Experiment Group, LLC
The Ebony Experiment Group, LLC, was
created by John C. and Maggie Anderson of Oak
Park, Ill,
and is a community service oriented project that is seeking sponsors to support
the experiment and maintain the website.The purpose of The Ebony Experiment is to infuse long-term wealth into
the Black community by galvanizing and uniting Black consumers, investors,
businesses and professionals.
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