Tap the 3 Billion Dollar Black Business Financial Resource

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Author - Kamau Austin

Montclair, NJ (BlackNews.com) - Kamau Austin is an unlikely connection to billions of dollars in Black, minority and small business financing. Just a few years ago, when Austin asked his wife to login into the free computers at his neighborhood library, he couldn't possibly foresee his future. Austin was using the free library computers because he was too poor to afford his own but wanted to start a business. Today, Austin is a leading ecommerce evangelist and resource on small and minority business financing.

Austin is convinced that lack of hundreds of thousands of dollars or access to millions need not stop African-Americans and minorities from venturing into the realm of owning a small business.

Since "Raise Cash Fast" covers business financing from every level like personal or friend and family investments to angel investors, venture capitalists, and even IPOs "this e-book is an excellent resource for everyone," says Dante Lee a leading young black entrepreneur. Other leading black business professionals like Dr. Stephen Jones, BA, MA, MBA, EdD and Associate Dean at Villanova University and Andrew Morrison founder of Small Business Camp and frequent contributor to Black Enterprise Television program and magazine also support the book. You can see their testimonials at http://www.raisecashfast.com/

Even in the Internet age, Austin believes the old adage "it takes money to make money" still has great merit. While home-based and e-businesses certainly can be run with lower overhead than traditional businesses "there is no business advance without finance," says Austin. Kamau goes on to reveal more of his insights on the matter. "There has been an inseparable relationship between business and finance since the beginning of civilization. Business and finance go together like ice cream and cake, peanut butter and jelly, or love and marriage. You can have one without the other, but it is much more enjoyable to combine them together." Then Mr. Austin gives an example from his own painful experiences.

"I was running a very profitable Internet business. I was outsourcing work to 9 people in my virtual team and still posting a great profit. At first I had problems getting credit because I once co-signed a loan for a friend who didn't meet the obligations of the loan. I was still able to eventually obtain financing with a little known microloan source. I needed the loan to ease my cash flow concerns for paying fees to my virtual team. Then I was stricken with cancer. After 4 surgeries and 9 weeks of chemo it seems like I am finally winning the battle. But my business took a dive after losing my best clients. But I developed an excellent repayment record with my microloan source and was able to borrow and survive in business despite my terrible battle with cancer."

In short, Kamau Austin feels having access to capital in business is necessary to survive and thrive given the personal and business challenges that will happen in the life of any business owner. You can get more information about Austin's insightful multimedia eBook at: www.RaiseCashFast.com