2022 Black Entrepreneurs
It can be difficult to start a business as a black entrepreneur, but the rewards are well worth the effort. Black entrepreneurs face many unique obstacles, such as access to capital and resources.
Many will face many unique challenges when trying to start their own company.
Black people have been marginalized to a few specific industries, for example working as sports figures, musicians, and entertainers. Black Entrepreneurs have proven that business ownership is a sure fire way out of poverty. The Black community is the largest minority group in America with over 50 million members. The majority are African American (AA) or Afro-Caribbean Americans. They make up about 12% of the total population but they account for almost 20% of all entrepreneurs. Black Entrepreneurs are an important part of our society because they create jobs that help others. Entrepreneurship can also provide economic independence from government assistance programs like welfare. It’s not just black men who start businesses; but nowadays women do too and they are doing it bigger and better in some cases!
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All Black Entrepreneurs should focus on establishing sustainable organizations with structures that empower black communities by creating jobs for them and giving them opportunities to succeed in business, education, health care, etc. Black entrepreneurship has been a major force behind the growth of many cities including Atlanta, Chicago, Detroit, Houston, Los Angeles, New York City, Philadelphia, San Francisco, Washington D.C., and more. The success stories are endless. However, there is still much work to be done. In order to make sure we don’t repeat history, it’s important that we continue to support our local community leaders as they strive to create an environment where everyone feels safe enough to pursue their dreams. Let us continue to strive in creating new Black History as we grow and strengthen our families and communities!
We Empower Us
