I think you need to know more about what is going on before you make the assumption that BLACK people do not think before opening a business.

Even with the soundest business plan and the savviest entrepeneurial mind, businesses do fail. And anyone who has any comprehension ofeconomic forcesknow that most businesses WILL fail within the first 3 years and in fact, most economies rely heavily on that being the case.

Business failureisnot a function of race. (as your post implied) - statistically, there are more white owned businesses that fail than black owned; furthermore, the losses of white-owned businesses are usually much greater than their black counterparts.Ask Donald Trump and themillions that he owed his creditors when his business failed and he filed for bankrupcy.

Maybe he didn't think before opening his business either....