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Minority groups' share of $10 trillion U.S. consumer market is growing steadily

on Thursday, 27 March 2008 13:13.

ATHENS, Ga. — The buying power of Hispanics -- now the nation's largest minority group -- will exceed $860 billion in 2007 and is whizzing its way to more than $1.2 trillion five years from now, according to an annual report on minority buying power released Tuesday by the Selig Center for Economic Growth at the University of Georgia's Terry College of Business. Tracking a similar course, African American buying power will total $845 billion in 2007 and is projected to top $1.1 trillion by 2012 -- a 34 percent increase over the five-year period.

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What Do You Need to Be an Entrepreneur?

on Friday, 31 July 2009 14:50.

To be an entrepreneur in today’s business climate, you must build a strong brand identity for you and for your business. You must invest in yourself. You must invest in your own public relations campaign. Some people feel shy about self-promotion and believe that it self-aggrandizing or even narcissistic. You must get over any reticence that tells you that by promoting yourself you are being immodest.
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African Americans Lost Ground on Fortune 500 Boards

on Friday, 24 July 2009 15:04.

A recent study on African Americans on boards of directors of Fortune 500 companies commissioned by The Executive Leadership Council(R) found that the number of board seats held by African Americans has declined since its inaugural board report released in 2004. The percentage of African Americans on corporate boards decreased from 8.1 in 2004 to 7.4 percent in 2008, a .7 percent decline. Four years ago, African Americans held 449 corporate board seats and today they hold 413 or thirty-six fewer.
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23 Student Entrepreneur Teams Grow Businesses In Babson College Summer Venture Program

on Friday, 10 July 2009 15:31.

Twenty-three teams of Babson College Undergraduate and MBA students have opted to skip vacation this year, and spend 10 intensive weeks in Babson’s Summer Venture Program to strategize, shape, and accelerate their entrepreneurial businesses. The Arthur M. Blank Center for Entrepreneurship at Babson-- organizer of the pilot program-- was highly-selective in choosing the student entrepreneurs, and offers an environment that will stimulate the fast and flexible mind of an entrepreneur.
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Economic Crisis Highlights Risk Management’s Importance to Lifespan of a Business

on Friday, 03 July 2009 15:34.

Economic Crisis Highlights Risk Management’s Importance to Lifespan of a BusinessRisk management is not a flashy business topic – after all, making money is more exciting than saving it. Still, managing risk and avoiding problems is every bit as critical to the health of a business as creating revenue, according to a VCU professor.
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New Report Details Experience of Minority Women in the Subprime Lending Market and Disparate Treatment by Race

on Friday, 19 June 2009 15:09.

WASHINGTON (NNPA) - Ninety years after the passage of the 19th amendment by Congress, a new report for the National Council of Negro Women researched by the National Community Reinvestment Coalition (NCRC) shows that African-American and Latino women continue to receive disparate treatment in the mortgage lending process. The report, Assessing the Double Burden: Examining Racial and Gender Disparities in Mortgage Lending, demonstrates that minorities continue to be much more likely to receive high-cost home mortgage loans.

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