By Dani Myers Frierson
An interview with Demetrius Chamblee:
Can you tell us the name of your group and its inception?
Our group is called Ase Investments. We launched this real estate collective in 2020, emerging from a space we had already established for growth and empowerment—The Revolution of the Mind Book Club. At the time, we were reading Dr. Claud Anderson’s “Powernomics”, which outlines a strategy for Black self-reliance and group economics by pooling resources and building infrastructure within our communities. The book club was a natural starting point, bringing together thinkers and visionaries already committed to the idea. We encouraged those who were serious about this vision to begin saving, all while taking time to learn about real estate, select committed members, and develop a shared financial and educational journey. And that’s how Ase Investments was born—a group of like-minded individuals ready to build together.
What does Black economics look like?
Black economics is about ownership and control of resources within our communities. It means making intentional choices with our time, money, and energy to uplift each other and ensure that Black-owned businesses thrive. It’s about creating jobs and opportunities for our community, ensuring that the wealth generated circulates among us. Ultimately, it’s a legacy of self-sufficiency, where we are not only consumers but owners and builders.
How can we better support this work?
Our group is rooted in the Seven Principles of Kwanzaa, which keep us culturally grounded as we build wealth together. “Kuumba”, or creativity, reminds us to leave our community better than we found it. The best way to support us is by sharing our story to inspire others to come together, pool resources, and follow a similar path. Ase Investments is also available to consult and guide other groups interested in doing what we’re doing. You can support by connecting us with reliable contractors, lenders, and professionals for our projects. Monetary donations are welcome, particularly through Home Depot gift cards. Every form of support helps uplift our entire community.
How radical is this! Can you tell us more about the vision?
Yes, this is radical. Coming together like this is a revolutionary act. Our guiding principle is “Many Hands Make Light Work.” Initially, we set out to prove to ourselves that we could unite, pool our resources, and purchase our first property. Our next goal is to replicate this success, refining our process and strengthening relationships within the real estate sector. Ultimately, we don’t want to be the only group doing this. We hope to inspire others—groups, families, communities—to invest in their futures and build generational legacies. Our vision is a thriving community where families are economic forces, building a proud legacy for generations to come.
If you could say anything to your ancestors and descendants you never met, what would it be?
To my ancestors: Thank you for every sacrifice you made to pave the way for us. I honor you and seek your guidance as we continue this journey. To my descendants: Know that you are here for a purpose, and that purpose is uniquely yours to fulfill. Remember that you are enough. Embrace life fully, be consistent, remain a lifelong learner, and always seek wisdom.
