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Wednesday, October 30, 2002

Volume 3, Issue 33

In the news this week...

New Benchmark Survey Defines U.S. Latino Consumer
The first-ever U.S. Latino Economic Confidence Index reveals that 82 percent of Latino leaders felt positive about business conditions and Latino consumer spending patterns.

Minority Women Owners Slighted
The majority of Latin and Asian women entrepreneurs feel they are not respected by their male counterparts at a time when businesses owned by minority women are growing at quadruple the rate of the economy...

Online Yellow Pages Aid Small Business Exposure
Advertising in the local phone book just became highly sophisticated -- and lucrative. Online yellow pages, like Switchboard.com, allow small businesses to reach millions of worldwide Internet customers.

Business Plan Flaws Can Be Fatal
According to the Small Business Administration, 63 percent of new businesses will fail within six years...StartupJournal.com reveals the top flaws that sink new business plans.

MYCA Coaching Solutions and Procter & Gamble Enter into Collaborative Partnership
MYCA Coaching Solutions and The Procter & Gamble Company today announced a collaborative partnership that expands MYCA's national online business development coaching program for minority businesses.

How Many Hispanic Coaches? Not Mucho
As of today, there are currently just four Hispanics on NFL coaching staffs -- just four of the better than 300 coaching slots in the NFL. None is a head coach.

Julie Taymor on "Frida"
Taymor recently completed filming "Frida," - the biopic about famed Mexican artist Frida Kahlo - starring Salma Hayek and Antonio Banderas, which Miramax is releasing nationwide next week.

Internet is Underutilized by Most Fortune 100 Companies
Many Fortune 100 companies are not using technology well to cultivate customer relationships and generate a return on their Web site investment. In fact, the report found that 37 percent of Fortune 100 companies offered no reply to a general inquiry submitted to their Web site.

Azteca America Opens Network Sales Office In New York City
The office will be led by Phillip R. Woodie, a veteran of Hispanic television sales, who was appointed Executive Vice President of Sales and Marketing.

FAIR Urges Gephardt to Reconsider Amnesty Proposal
In a letter to Rep. Dick Gephardt, the Federation for American Immigration Reform asked the House Minority Leader to fully consider the implications of his sweeping illegal alien amnesty proposal.

SDSU Launches First Transnational Triple-Degree Program
CaMexUS, an acronym representing the North American Free Trade Agreements three member countries (Canada, Mexico and the United States), is designed to address a major problem facing U.S. business schools: how to better prepare students to conduct business in an interdependent, global marketplace.

First All-Hispanic Team to Take Part in Busch Race
It's going to be crowded in the cockpit of the No. 09 Busch Grand National car this weekend at Atlanta Motor Speedway. Along for the ride with driver Roberto Guerrero will be the thoughts, well wishes and hopes of millions of Hispanic race fans. When Guerrero wheels the car out onto the track, it will mark the first time that a car owned, driven and sponsored by Hispanics will compete in a major NASCAR event.

From the current issue of

Hispanic Business magazine

E-Procurement Catching On
As with e-commerce generally, online procurement has yet to live up to its advance billing as a revolutionary business concept. There are signs, however, that an increasing number of companies are turning to the Internet to fulfill their purchasing needs, often with impressive results.

Raising The Bar Again
In this interview with former co-founder of Balance Bar Co., we see where Michael Sanchez has taken his "Bar experience" -- into the Hispanic market.

Visit our other sites!

HBEvents.com provides the most up-to-date information on Hispanic Business Inc. educational services and events, including the Hispanic Business Magazine Entrepreneur of the Year.

HispanTelligence.com contains quantitative data and a qualitative analysis on the U.S. Hispanic market. It allows researchers and business planners to access data on the Hispanic market.

HireDiversity.com, the recruiting branch of the family, offers an efficient place for minority job-seekers and diversity-minded employers to meet. The site also offers an array of diversity news.

SuperOnda.com is the site of the sister magazine of HISPANIC BUSINESS. It aims at passing along the Hispanic heritage of success to the next generation of young Hispanics. The site features a list of the best schools for Hispanic students, career development resources, musical and entertainment reports and much more.

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