By Morris Beschloss Although it’s already a well-known fact that America’s independent small business sector generates more expansion than the rest of the world nations combined, little has been indicated about the intensifying role played by the nation’s immigration surge, and the Hispanic population sector’s contribution, in particular. According to Kansas City, MO-based Kauffman Foundation “Immigration entrepreneurs launched 28% of …
Home of the Free, Land of the Entrepreneur
By Frank Holmes At 16, Jan Koum immigrated to the U.S. from his native Ukraine, then still under communist control. He and his single mother rented a small two-bedroom apartment on government assistance and relied on food stamps. Even though he didn’t own a computer at the time, Koum devoured computer networking manuals and became proficient at hacking, a skill …
The Early Years of Entrepreneurship
A Step-by-Step Approach to Surviving and Thriving By Caron Beesley Entrepreneur and founder of The Body Shop Anita Roddick once said: “Nobody talks about entrepreneurship as survival, but that’s exactly what it is and what nurtures creative thinking.” The first few years of small business ownership are undoubtedly the toughest, a huge test of entrepreneurial character. And data proves …
5 Pillars of Small Business Success
By Marco Carbajo What does it take for a small business to achieve success? Whether you’re already in business, or preparing to start a business, it takes hard work, tenacity and drive to achieve a high level of success. Lori Greiner, star shark of ABC’s Shark Tank says, “Entrepreneurs are willing to work 80 hours a week to avoid working …
Immigrant, Latino Entrepreneurship has Doubled
By Max Marin In a post-recession economy, immigrants and Latinos have been driving new business creation at an astonishing rate, according to a new study. The Ewing Marion Kauffman Foundation released its annual startup index last week, which found that Latinos accounted for 22.1 percent of new businesses in 2014, up from 20.4 percent in 2015 and a mere 10 …
For the First Time Since the Great Recession, U.S. Startup Activity Is Strenghtening
by Catherine Clifford For the first time since the Great Recession decimated the U.S. economy, entrepreneurship is making a comeback. The rise of U.S. startup activity reverses a five-year general decline, according to the latest report by the Kauffman Foundation, a non-profit entrepreneurship organization. The 2015 Startup Activity report measures data through the end of 2014. “This rebound in entrepreneurial …
Immigrant Entrepreneurs Prosper on Main Street
By Miriam Jordan When Angel Taveras was growing up in Providence, R.I., in the 1980s, his youth baseball team was sponsored by Alan Jewelry, a local business, which played against the likes of Washington Park Woodworking. These days, sponsors include La Gran Parada restaurant, Reyes Market and other immigrant-owned businesses that have flourished in the city since the 1990s. “Without …
Business Lessons From Immigrant Entrepreneurs
By Cheryl Conner What’s the best education for running a business? An MBA? Here’s another idea—I am increasingly impressed with the lessons every business owner can learn from America’s immigrant entrepreneurs. From Google’s Sergey Brin to eBay’s Pierre Omidyar to thousands of local and neighborhood businesses, there’s no denying the impact of immigrant entrepreneurs. According to the U.S. Chamber of …
10 Behaviors of Unstoppable Entrepreneurs
By Sujan Patel Being an entrepreneur isn’t easy. It requires the kinds of habits that most people simply don’t have, along with a discipline, passion and dedication that are unmatched among non-business owners. And while every entrepreneur is different, we all have a lot in common — including many of the same habits. Here are 10 behaviors shared by unstoppable …
Immigrant Entrepreneurs Help Fuel Record Growth Streak
By Maria Contreras-Sweet If the U.S. jobs data released on the first Friday of every month is starting to sound like a broken record, it’s because records continue to be broken. The American economy added 267,000 private-sector jobs in January. That’s 59 straight months of consecutive job growth, the longest streak on record by a mile. Our last three months …
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