Obama's message: Nobody cares... no time for excuses...

Obama was addressing the graduates at Morehouse College, which is an all-male and historically black college.

Obama said that too many young black men make “bad choices.”

“Growing up, I made quite a few myself,” Obama said. “Sometimes I wrote off my own failings as just another example of the world trying to keep a black man down. I had a tendency to make excuses for me not doing the right thing.”

But, the president implored, “we’ve got no time for excuses.”

“In today’s hyper-connected, hyper-competitive world, with millions of young people from China and India and Brazil, many of whom started with a whole lot less than all of you did, all of them entering the global workforce alongside you, nobody is going to give you anything you haven’t earned,” he said. “Nobody cares how tough your upbringing was. Nobody cares if you suffered some discrimination.”

ADDED: Here's the full text of the speech.