Business Is Business

Tuesday, December 22, 2009

This article is a couple weeks old, but I think for some reason - kind of appropriate:

About a decade ago, Inwook Ben Hur opened a small grocery store in Baltimore after relocating to the area to go to graduate school at Coppin State. Hur, like many native Koreans who immigrated here, founded his business with the idea of making enough money to put his children through college, then turning control over to the kids to maintain for the next generation.

In the past seven years, though, all three of Hur's children have graduated from school, and none want to have anything to do with running the Eager Street store. Now ready to get out of the business and looking for a buyer, Hur is focusing on the surrounding community, and he - along with Baltimore Circuit Court Clerk Frank M. Conaway Sr. - are part of a group of local leaders en route to Seoul, South Korea, to take part in a 10-day entrepreneurial workshop, a trip they expect will provide tips on the transfer process.

Hur said he wants an African-American to take over his store; Conaway wants to promote black entrepreneurship. They have known each other for decades and share a vision of turning over hundreds of longtime Korean-American small businesses in the city - many owned by people who, like Hur, want out of the daily grind - to ambitious, young African-Americans.
Read it in full here.