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BUSINESS PITCH CHALLENGE FINALIST’S ADVICE TO BLACK ENTREPRENEURS: DON’T BOTHER WITH VENTURE CAPITALISTS

BUSINESS PITCH CHALLENGE FINALIST’S ADVICE TO BLACK ENTREPRENEURS: DON’T BOTHER WITH VENTURE CAPITALISTS

According to data released by Small Business Trends, only 40% of small businesses are profitable and the start-up failure rate increases each year — what’s the problem? Money. Statistics show that every four out of five businesses fail because of cash-flow problems.

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