Community Network for Minority Entrepreneurs

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Community Network for Minority Entrepreneurs

Inspired by a conversation on:

The $100 MBA Show

The $100 MBA Show

MBA2688 Is Business Harder for People of Color?

Host: Omar Zenhom

Timestamp: 09:14 - 09:39

Listen to Episode • View Podcast • All Ideas from The $100 MBA Show

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Feather Flow

Direct Quote

"Look for founders like you and founders and not like you. Allies that are people that understand that this has to change with us all working together."

Market Gap

Minority entrepreneurs struggle to build supportive networks.

Entrepreneurs from minority backgrounds often face challenges in networking due to systemic barriers and fewer introductions to influential circles. This results in limited access to resources, mentorship, and funding opportunities. Without a robust network, these entrepreneurs may find it difficult to connect with potential partners, investors, or clients. Current networking events may not cater to the unique needs of these founders, leaving them isolated. Addressing this gap is vital as it can significantly impact the growth and sustainability of minority-owned businesses.

Summary

The idea is to create a dedicated community network aimed at connecting minority entrepreneurs with each other as well as allies who can provide support, mentorship, and resources. This platform could host events, workshops, and online forums tailored to the unique challenges faced by these entrepreneurs. It will foster connections that lead to partnerships, funding opportunities, and shared knowledge. By highlighting success stories and offering resources, this community can empower minority founders to overcome barriers and thrive in their business endeavors.

Categorization

Business Model
Community
Target Founder
Generalist
Difficulty
Medium
Time to Revenue
< 1 month
Initial Investment
< $100

Potential MRR (18-24 months)

Conservative
$1,000 - $3,000 MRR
Moderate (Most Likely)
$5,000 - $10,000 MRR
Optimistic
$15,000 - $30,000 MRR

* Estimates assume solo founder/bootstrap scenario with competent execution

Scores

Clarity
8/10
Novelty
7/10
Feasibility
8/10
Market Potential
9/10
Evidence
7/10
Overall
7.8/10
Found on October 10, 2025 • Analyzed on October 10, 2025 5:04 AM

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How should I validate this community idea before building it?

2:34 PM

Great question! For a community idea like this, I'd recommend starting with these validation steps:

  1. Customer interviews: Talk to Generalist to understand their pain points
  2. MVP approach: Build a simple landing page to test demand
  3. Competitor analysis: Research existing solutions and identify gaps

Would you like me to help you create a specific validation plan for your medium difficulty idea?

2:35 PM

Yes, and what about the technical implementation? Should I build this myself or hire a team?

2:36 PM

Based on your idea's complexity and < 1 month, here's my recommendation:

Technical Strategy:

  • Start with no-code tools for rapid prototyping
  • Consider your technical background and available < $100
  • Plan for scalability from day one

I can help you create a detailed technical roadmap and resource allocation plan...

2:37 PM

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