Financial Literacy Site Aimed At Blacks

CHICAGO, IL--EP Enterprises CEO Eugene Patterson has launched a new website to give African Americans the tools and resources to build successful and extremely profitable businesses and handle money effectively in a bad economy.

"African Americans are the most exploited group in the United States, especially where money is concerned," says Eugene Patterson, a 22 year old entrepreneur from Chicago, Illinois.

"Nowhere else in America do you find places such as rent-a centers, rent-a-rims(a place where you can actually rent expensive rims for a car that may not cost nearly as much) and other places that promote cheap 'bling,' and the idea of having certain and unrealistic lifestyles portrayed on television channels directed at African Americans. Ignorance has kept us here too long, it's time for us to learn and move on."

As an entrepreneur from Chicago, Eugene says that he has lived on both sides of the economic scale. Raised in a small home in Harvey, a rundown suburb of the city's south side, Eugene landed a position as an intern with an African American multi-millionaire -- which he says was the most liberating experience he had ever come to contact with. "Life doesn't have to be hard," he says. "Anyone can have 'real' bling if that's what they truly desire. But for becoming rich there is a certain process you must follow."

"Owning a business is the basis for long-term wealth" -- the problem is that most people have no idea how to effectively run and operate a successful company. In fact 85% of small business owners make less from their business than they would at a job. However he says that the best way to learn how to successfully achieve any goal is to find a mentor who has done it before and copy what they did until you get that same result.

One of Eugene's strong points in his early career is his success in network marketing. "Although there are a lot of negative rumors around this industry, it has been one of the best business building experiences of my life. If you can build a successful network marketing business, you can be successful in any other type of business."

He recently launched a new website where he personally teaches African Americans how to build a successful network marketing team no matter what company they're a part of. "The amount of money you make in Network Marketing is limited only to your capacity to build and operate a business."