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 …
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 …
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 …
Immigrant Entrepreneurs: Vital for American Innovation
By Yatin Mundkur Open borders brought Andrew Carnegie and Andy Grove to the U.S. They also brought Madeleine Albright and Henry Kissinger, a slew of German theoretical physicists to work on the Manhattan Project, and countless investors and entrepreneurs, including me. Immigrants to the U.S. have been transforming the industrial geography and the technology landscape since the 1860s when Scottish-born …