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Old 01-05-2002, 06:45 PM
lil_sunshine lil_sunshine is offline
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Join Date: Oct 2001
Location: AT THE LIBRARY
Posts: 6,666
Thumbs down I think that....

The reasons why there aren't that many Black entrepreneurs are:

1. Many people think that it's a lot of stress and energy that has to be put into trying to start a business.

2. Trying to start a business that concentrates on the area's needs and will make lots of money isn't that easy.

3. Some Black people aren't able to come up with collateral to get a loan to start a business. My best friend in Philly started his own business doing plumbing, and he said it's going great. A lot of his clients live in the area and the few who don't he can get to by car.

Starting your own business can take up a lot of time, energy, and money that most Black people do not have so I think that's why there aren't that many Black entrepreneurs.
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