Breaking Down Barriers Online
The Internet's anonymity and low cost help minority entrepreneurs launch businesses. A few sites:
minority.net
Once complete, this business-to-business site will host the largest minority E-commerce mall on the Web, with more than 100 companies. Supporters include Nexgen Solutions, IBM, the U.S. Commerce Dept., the Urban League, and the Asian American Business Development Center.
cyberstudy101.com
A new site to help high school and college students prepare for exams has been a hit after less than a month. Since Sept 1, it has grossed $6,000; it expects to generate $4 million in its first year.
twmall.com
This Asian-American mall does business in Chinese and English. After one year, it includes some 40 companies and has grossed more than $120,000.
autonetwork.com
One of the most complete automotive sites on the Web. It has classified ads, leasing information, broker services, advice columns, and scores of links. From startup money of $6,000, the site now produces $200,000 in annual revenues.
www.collard-cards.com/
This site sells greeting cards and cookbooks featuring upbeat black images. Sales in six months have totaled just $500.
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