Keywords for this post:
Business Plans for Hispanics
Business Plans for Angel Investors
For those who claim that the Hispanic market is burdened with low income households, I say you may be right today. But tomorrow is a whole new ball game!
The U.S. Census Bureau projects (that not "predicts", but "projects") that Hispanic households will increase their incomes dramatically by 2010 -- that's only 5 years away. How dramatically? Well, for starters, there will be twice as many households with incomes over $75,000.
Now that's a number to sit up and notice.
Any Hispanic entrepreneur -- male or female -- thinking of tapping that market can start planning now for what is going to be a burst of Hispanic market activity.
If angel investors haven't noticed Hispanics in the past, they will now.
If venture capitalists have ignored Hispanics previously, they will now notice them.
This is a MAJOR shift in the demographics of the Hispanic market. And I for one and thrilled to see it happen.
I have a Turnkey Royalty Free site/blog. It pretty much covers making money on the web.
ReplyDeleteCome and check it out if you get time :-)
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