By Norma Stanley | October 2023
For more than five decades, Dr. George C. Fraser has been studying, teaching and honing success and wealth strategies, so he could share them with African American business owners and community leaders. The chairman and CEO of FraserNet, Inc., which he started in 1987, Dr. Fraser is also the publisher of Success-Guide Worldwide: The Networking Guide to Black Resources and has produced the highly anticipated and internationally attended annual Power Networking Conference for 22 years.The author of seven best-selling books, including “Success Runs in Our Race: The Complete Guide to Effective Networking in the African American Community, which was written 31 years ago and is required reading at 57 Historically Black Colleges and Universities, Dr. Fraser is also a highly sought-after speaker and successful entrepreneur. He has received more than 350 awards and citations for his work over several decades, including two Presidential Lifetime Achievement Awards from Presidents Barack Obama and President Joseph Biden. Dr. Fraser credits his significant accomplishments to his vast network.
“I would say I have over one million people in my network, but my tight circle consists of about 25,000,” shared Dr. Fraser. “There is tremendous benefit in having a huge network of people who are empowered by you, even as you are empowered by them,” he continued. “When we learn to develop, nurture and leverage our relationships effectively, we will truly be unstoppable,” he said. Dr. Fraser also says his mission is not only to help uplift the disenfranchised in communities of color, but to help African-Americans understand that successful business ownership is essential for the sustenance of the community.
“No one is going to save Black people, but Black people and as a community we have serious work to do because the wealth gap has increased as the average white household income is now eight times more than the average household income of Blacks,” said Dr. Fraser. “Although we have $1.7 trillion in economic power, we are a consumptive class and our money flows away from us, rather than flows to us,” he continued. “We are the most financially illiterate people in America, despite having the most creative ingenuity, athleticism and musical genius, and that has got to change, which is the mission of Frasernet,” he said. Born in Brooklyn, Dr. Fraser was one of 11 children and had a difficult childhood including many years spent in foster care after becoming orphaned. His life could have easily gone in another direction, but Dr. Fraser credits observing his father as a young boy, with helping him understand the power of human connection.
“My father made a lot of money in tips as a cab driver and he was also very popular in the neighborhood because he had a wonderful personality and a great sense of humor,” shared Dr. Fraser. “My father was always about loving, giving and serving and everyone wanted to be around and do for Walter Fraser. My father had high emotional intelligence and added value to the lives of the people he encountered. This registered with me deeply and I realized early how valuable real human connection can be,” he said.
Holding on to this observation as a grew up, led Dr. Fraser to ignore a high school counselor’s recommendation to drop out of school, to mop floors on the midnight shift at LaGuardia Airport, to pay his way through college. He later achieved executive positions in companies like Procter & Gamble, The United Way and Ford Motor Company, etc., until he realized his true calling was to help others in the Black community understand their power and leveraging the art of networking, which led him to write his highly acclaimed book, “Success Runs In Our Race” The Complete Guide to Effective Networking in the African American Community.” In addition, Dr. Fraser also authored other critically acclaimed books, including “Race For Success:The Ten Best Business Opportunities for Blacks In America,” “Click: Ten Truths for Building Extraordinary Relationships,” and, most recently, a children’s book; “Who Would Have Thunk It: The First Adventures of The Fraser Foster Kids,” etc.
Although he has come a long way from his humble beginnings, Dr. Fraser says he has never once forgotten where he came from and what his individual purpose in life was, lifting up disenfranchised people of color. This is something he continues to pursue every day—epitomizing, communicating and helping thousands realize the key elements of achieving success within the African-American community, through his books, speeches and conferences.
“Over the years I’ve learned that the purpose of my life and really all of our lives, is to love, to give and to serve and add the highest value to somebody and something every minute of every day,” said Dr. Fraser. “We are a communal people and not only is human connection critical, so is developing and nurturing our relationships for our overall personal and professional success,” he said.
As the creator and producer of the 22-year-old Power Networking Conference, where thousands of Black professionals, business owners, and community leaders gather to learn the art and science of networking, entrepreneurship and wealth creation from top speakers and experts, Dr. Fraser has been inducted into the Minority Business Hall of Fame and Museum. He has also been prominently featured in hundreds of top media outlets, including CNN, The Wallstreet Journal; Upscale Magazine, which named him one of the “Top 50 Power Brokers in Black America and Black Enterprise Magazine, which called him “Black America’s #1 Networker. A resident of Cleveland, Ohio, Dr. Fraser is also the Chairman of Phoenix Village Academy, which consists of three afro-centric charter schools that serve about 300 of Cleveland’s inner-city children. He and his wife Nora have been married for over 45 years and they have two sons, Kyle and Scott and five grandchildren.
“We need to understand that we need each other to advance because we can’t build our businesses and communities alone,” said Dr. Fraser. We need to accelerate our learning, earning and returning to build up our communities, and as the resilient and resourceful people we are, I am confident we will reach the ultimate goal of embracing and exhibiting our overall excellence,” Fraser said. Visit www.powernetworkingconference.com
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