Race And Entrepreneurial Success

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Race and Entrepreneurial Success

Robert W. Fairlie,Alicia M. Robb
Race and Entrepreneurial Success Book PDF

Author : Robert W. Fairlie,Alicia M. Robb
Publisher : MIT Press
Page : 253 pages
File Size : 54,7 Mb
Release : 2010-08-13
Category : Business & Economics
ISBN : 9780262260671

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Race and Entrepreneurial Success by Robert W. Fairlie,Alicia M. Robb Pdf

A comprehensive analysis of racial disparities and the determinants of entrepreneurial performance—in particular, why Asian-owned businesses on average perform relatively well and why black-owned businesses typically do not. Thirteen million people in the United States—roughly one in ten workers—own a business. And yet rates of business ownership among African Americans are much lower and have been so throughout the twentieth century. In addition, and perhaps more importantly, businesses owned by African Americans tend to have lower sales, fewer employees and smaller payrolls, lower profits, and higher closure rates. In contrast, Asian American-owned businesses tend to be more successful. In Race and Entrepreneurial Success, minority entrepreneurship authorities Robert Fairlie and Alicia Robb examine racial disparities in business performance. Drawing on the rarely used, restricted-access Characteristics of Business Owners (CBO) dataset compiled by the U.S. Census Bureau, Fairlie and Robb examine in particular why Asian-owned firms perform well in comparison to white-owned businesses and black-owned firms typically do not. They also explore the broader question of why some entrepreneurs are successful and others are not. After providing new comprehensive estimates of recent trends in minority business ownership and performance, the authors examine the importance of human capital, financial capital, and family business background in successful business ownership. They find that a high level of startup capital is the most important factor contributing to the success of Asian-owned businesses, and that the lack of startup money for black businesses (attributable to the fact that nearly half of all black families have less than $6,000 in total wealth) contributes to their relative lack of success. In addition, higher education levels among Asian business owners explain much of their success relative to both white- and African American-owned businesses. Finally, Fairlie and Robb find that black entrepreneurs have fewer opportunities than white entrepreneurs to acquire valuable pre-business work experience through working in family businesses.

Successful Black Entrepreneurs

Steven S. Rogers
Successful Black Entrepreneurs Book PDF

Author : Steven S. Rogers
Publisher : John Wiley & Sons
Page : 359 pages
File Size : 48,9 Mb
Release : 2022-02-15
Category : Business & Economics
ISBN : 9781119806738

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Successful Black Entrepreneurs by Steven S. Rogers Pdf

Learn about the successes of Black entrepreneurs through a collection of unique case studies Successful Black Entrepreneurs is an insightful collection of Harvard Business School case studies about Black entrepreneurs succeeding in a variety of industries and through different routes, including start-ups, franchising, and acquisitions. The book also recognizes and celebrates Black entrepreneurial excellence, as it takes the reader through the stages of entrepreneurship, including ideation, raising capital, growing the company, and taking it public. In addition to identifying the positive aspects of Black entrepreneurship, the book also uses data, research, and anecdotes to highlight the challenges faced by Black entrepreneurs, including: An inability to access capital from traditional financial institutions like banks and private equity firms The requirement to practice “racial concealment” in the company of White customers in order to achieve success Perfect for students, aspiring entrepreneurs, and established business leaders, Successful Black Entrepreneurs provides practical perspectives from Black entrepreneurs about what it takes to succeed in business.

The New Entrepreneurs

Zulema Valdez
The New Entrepreneurs Book PDF

Author : Zulema Valdez
Publisher : Stanford University Press
Page : 205 pages
File Size : 53,7 Mb
Release : 2011-02-17
Category : Social Science
ISBN : 9780804773218

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The New Entrepreneurs by Zulema Valdez Pdf

With a focus on a diverse group of Latino entrepreneurs in the Houston area, Valdez explores how class, gender, race, and ethnicity shape Latino entrepreneurs' capacity to succeed in business in the United States.

Success Runs in Our Race

George C. Fraser
Success Runs in Our Race Book PDF

Author : George C. Fraser
Publisher : Harper Collins
Page : 416 pages
File Size : 43,9 Mb
Release : 2009-05-05
Category : Business & Economics
ISBN : 9780061927027

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Success Runs in Our Race by George C. Fraser Pdf

A completely updated and revised edition of a bestselling book that has helped tens of thousands of people learn how to network effectively, Success Runs in Our Race is more important than ever in this fluctuating economy. With scores of anecdotes taken from interviews with successful African Americans -- from Keith Clinkscales, founder and former CEO of Vanguarde Media, to Oprah Winfrey -- Fraser shows how to network for information, for influence, and for resources. Readers will learn, among other things, how to cultivate valuable listening skills, which conferences blacks are most likely to attend when looking to build their business network, and how to effectively circulate a résumé. More than a guide for personal achievement, this is an information-packed bible of networking that also seeks to inspire a social movement and a rebirth of the "Underground Railroad," in which successful African Americans share the lessons of self-determination and empowerment with those still struggling to scale the ladder of success.

Race for Success

George C. Fraser
Race for Success Book PDF

Author : George C. Fraser
Publisher : Harper Perennial
Page : 416 pages
File Size : 46,5 Mb
Release : 1999-02-01
Category : Business & Economics
ISBN : 038072989X

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Race for Success by George C. Fraser Pdf

Aims to help African Americans live well, earn more, and be successful in business by offering advice and information about careers and business trends

Women Entrepreneurs Across Racial Lines

Andrea Smith-Hunter
Women Entrepreneurs Across Racial Lines Book PDF

Author : Andrea Smith-Hunter
Publisher : Edward Elgar Publishing
Page : 272 pages
File Size : 45,8 Mb
Release : 2006-01-01
Category : Business & Economics
ISBN : 9781847201829

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Women Entrepreneurs Across Racial Lines by Andrea Smith-Hunter Pdf

One of the strengths of this book lies in the admirable literature reviews throughout the volume. The authors reviews vast amounts of literature on women entrepreneurs, and more specifically, studies involving women minority entrepreneurs. The nature of this task should not be underestimated, given the ever-expanding academic field of entrepreneurship and women s entrepreneurship in particular. I read this book as an academic, and would argue that it is of most use for academics (students and professors), and provides an up-to-date and well-researched portrait of women entrepreneurs in the USA and beyond. . . this book fills an important gap in the literature, not only because there is a growing population of women entrepreneurs, but also because of the growing number of minority women entering entrepreneurship. Jodyanne Kirkwood, Women in Management Review This book serves an important purpose. It draws attention to the need for further research on ethnic minority women entrepreneurs. Anne de Bruin, International Small Business Journal This monograph provides a very comprehensive study of women entrepreneurs in the US and in many industrialized and developing countries. . . Recommended. General readers; all levels of students; faculty and professionals. E.P. Hoffman, Choice In this book Andrea E. Smith-Hunter interweaves quantitative findings with qualitative depth, resulting in an informative and objective report of explanatory variables, differences and similarities among women entrepreneurs from unlike racial backgrounds. Among others, she develops models of human capital dimensions, network structures, and entrepreneurial success. Léo-Paul Dana, Journal of International Entrepreneurship Women entrepreneurs command an increasingly large presence at the international and national levels. A significant part of this impact is due to growing numbers of minority women becoming entrepreneurs. This volume provides some of the most comprehensive data to date on the topic of women entrepreneurs across racial lines. It offers a systematic and conceptual framework for understanding issues of network structures and human and financial capital, analyzed through a comparative analysis of minority and white women entrepreneurs. The book begins by looking at the historical and current contributions of women in the labor market, as well as literature related to women entrepreneurs. Subsequent chapters take a critical and in-depth look at white and minority entrepreneurs. Later chapters examine the status of women entrepreneurs in the US, followed by various analyses of their position in the global marketplace. The book concludes with a set of action tools to aid women entrepreneurs as they navigate the road to economic success. Through a well-chosen sample, rich analysis and insightful accounts, Andrea E. Smith-Hunter compellingly details the challenges and opportunities faced by women entrepreneurs in today s marketplace. Government agencies, researchers, entrepreneurs and those involved with the financial aspects of entrepreneurial ventures will find this volume of great interest.

African American Entrepreneurs

Michelle Ingram Spain,J. Mark Munoz
African American Entrepreneurs Book PDF

Author : Michelle Ingram Spain,J. Mark Munoz
Publisher : Business Expert Press
Page : 143 pages
File Size : 40,7 Mb
Release : 2018-03-22
Category : Business & Economics
ISBN : 9781606493595

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African American Entrepreneurs by Michelle Ingram Spain,J. Mark Munoz Pdf

African American entrepreneurs are key contributors to the American economy. Faced with numerous challenges, many African American entrepreneurs have learned to transcend tough obstacles, leverage resources, and strategically pursue opportunities to achieve business success. This book captures the stories and mindsets of contemporary African Americans in their quest for the American dream.

Why Startups Fail

Tom Eisenmann
Why Startups Fail Book PDF

Author : Tom Eisenmann
Publisher : Currency
Page : 370 pages
File Size : 50,8 Mb
Release : 2021-03-30
Category : Business & Economics
ISBN : 9780593137024

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Why Startups Fail by Tom Eisenmann Pdf

If you want your startup to succeed, you need to understand why startups fail. “Whether you’re a first-time founder or looking to bring innovation into a corporate environment, Why Startups Fail is essential reading.”—Eric Ries, founder and CEO, LTSE, and New York Times bestselling author of The Lean Startup and The Startup Way Why do startups fail? That question caught Harvard Business School professor Tom Eisenmann by surprise when he realized he couldn’t answer it. So he launched a multiyear research project to find out. In Why Startups Fail, Eisenmann reveals his findings: six distinct patterns that account for the vast majority of startup failures. • Bad Bedfellows. Startup success is thought to rest largely on the founder’s talents and instincts. But the wrong team, investors, or partners can sink a venture just as quickly. • False Starts. In following the oft-cited advice to “fail fast” and to “launch before you’re ready,” founders risk wasting time and capital on the wrong solutions. • False Promises. Success with early adopters can be misleading and give founders unwarranted confidence to expand. • Speed Traps. Despite the pressure to “get big fast,” hypergrowth can spell disaster for even the most promising ventures. • Help Wanted. Rapidly scaling startups need lots of capital and talent, but they can make mistakes that leave them suddenly in short supply of both. • Cascading Miracles. Silicon Valley exhorts entrepreneurs to dream big. But the bigger the vision, the more things that can go wrong. Drawing on fascinating stories of ventures that failed to fulfill their early promise—from a home-furnishings retailer to a concierge dog-walking service, from a dating app to the inventor of a sophisticated social robot, from a fashion brand to a startup deploying a vast network of charging stations for electric vehicles—Eisenmann offers frameworks for detecting when a venture is vulnerable to these patterns, along with a wealth of strategies and tactics for avoiding them. A must-read for founders at any stage of their entrepreneurial journey, Why Startups Fail is not merely a guide to preventing failure but also a roadmap charting the path to startup success.

Entrepreneurs and the Search for the American Dream

Zulema Valdez
Entrepreneurs and the Search for the American Dream Book PDF

Author : Zulema Valdez
Publisher : Routledge
Page : 62 pages
File Size : 55,9 Mb
Release : 2015-12-08
Category : Social Science
ISBN : 9781317413295

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Entrepreneurs and the Search for the American Dream by Zulema Valdez Pdf

The book's central focus explores several "myths" associated with American entrepreneurship: the idea that small business owners are "job creators"; that entrepreneurs are the "backbone" or "engine" of the economy; that entrepreneurship provides a path of economic mobility for immigrants, ethnic and racial minorities, and women; that the Horatio Algiers "rags to riches" story is possible for anyone willing to work hard. Instead, I provide a critical perspective that challenges these myths of American enterprise, arguing that successful entrepreneurship requires access to social and economic capital resources and support that are often distributed along the lines of race, class, and gender in the highly stratified American economy and society.

Entrepreneurship and Self-Help among Black Americans

John Sibley Butler
Entrepreneurship and Self Help among Black Americans Book PDF

Author : John Sibley Butler
Publisher : State University of New York Press
Page : 418 pages
File Size : 45,6 Mb
Release : 2012-02-01
Category : Social Science
ISBN : 9780791486047

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Entrepreneurship and Self-Help among Black Americans by John Sibley Butler Pdf

Since its publication in 1991, Entrepreneurship and Self-Help among Black Americans has become a classic work, influencing the study of entrepreneurship and, more importantly, revitalizing a research tradition that places new ventures at the very center of success for black Americans. This revised edition updates and enhances the work by bringing it into the twenty-first century. John Sibley Butler traces the development of black enterprises and other community organizations among black Americans from before the Civil War to the present. He compares these efforts to other strong traditions of self-help among groups such as Japanese Americans, Jewish Americans, Greek Americans, and exciting new research on the Amish and the Pakistani. He also explores how higher education is already a valued tradition among black self-help groups—such that today their offspring are more likely to be third and fourth generation college graduates. Butler effectively challenges the myth that nothing can be done to salvage America's underclass without a massive infusion of public dollars, and offers a fresh perspective on those community based organizations and individuals who act to solve local social and economic problems.

How to Succeed in Business Without Being White

Earl G. Graves
How to Succeed in Business Without Being White Book PDF

Author : Earl G. Graves
Publisher : HarperCollins Publishers
Page : 336 pages
File Size : 55,5 Mb
Release : 1997
Category : Business & Economics
ISBN : UOM:39015041063309

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How to Succeed in Business Without Being White by Earl G. Graves Pdf

From the high-profile founder of the highly successful "Black Enterprise" magazine comes an illuminating guide for the aspiring African-American entrepreneur. Graves uses his own story--which includes careers in the military, real estate, and public service as an assistant to Sen. Robert F. Kennedy--and those of dozens of other black men and women as examples of how to achieve professional success.

The Family Edge

Gibb Dyer
The Family Edge Book PDF

Author : Gibb Dyer
Publisher : Abrams
Page : 244 pages
File Size : 48,7 Mb
Release : 2019-07-01
Category : Business & Economics
ISBN : 9781641702034

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The Family Edge by Gibb Dyer Pdf

What's the most important asset any entrepreneur or business owner needs to succeed? After more than thirty years consulting for Fortune 100 companies, international organizations, and family businesses around the world, Gibb Dyer confirms that the secret ingredient to business and entrepreneurial success is not an MBA from a great school, a fantastic marketing plan, or even a blue ocean strategy. It's access to three types of capital: financial, social, and human. Dyer's three decades worth of research and data conclude statistically that the most effective and successful entrepreneurs have immediate access to these three—all within their family. A groundbreaking book for any business owner, family business, or budding entrepreneur, The Family Edge provides clear evidence and powerful tools to help you leverage the asset you need but have probably not paid enough attention to: family capital.

Twice As Hard

Raphael Sofoluke,Opeyemi Sofoluke
Twice As Hard Book PDF

Author : Raphael Sofoluke,Opeyemi Sofoluke
Publisher : Penguin
Page : 255 pages
File Size : 54,8 Mb
Release : 2021-06-15
Category : Social Science
ISBN : 9780744050974

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Twice As Hard by Raphael Sofoluke,Opeyemi Sofoluke Pdf

An inspirational book about what it means to be Black in the working world, with practical steps on how to overcome prejudice to find success This book is an exercise in building your network. We've spoken to over 40 successful business people to help you gain from their advice and create space for your own personal growth. Twice As Hard is an exploration of Black identity in the working world and a blueprint for success. You will learn what obstacles limit opportunity for Black professional progress, how to understand and overcome racial stereotypes, be productive, find purpose, and ultimately thrive in business. Authors Opeyemi and Raphael Sofoluke explore their own personal brand of ethics, the challenges they have faced in their careers, and the learnings they took from them, before inviting other successful business people in a broad range of industries to share their experiences and the practical measures they take to realise their goals, too. Featuring tips on entrepreneurship, as well as insights on the corporate world, this book aims to empower and inspire Black professionals, get everyone thinking and talking about their actions, and continue the fight for a truly inclusive, understanding society.

Minority Business Success

Leonard Greenhalgh,James H. Lowry
Minority Business Success Book PDF

Author : Leonard Greenhalgh,James H. Lowry
Publisher : Stanford University Press
Page : 192 pages
File Size : 50,8 Mb
Release : 2011-02-28
Category : Business & Economics
ISBN : 9780804777476

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Minority Business Success by Leonard Greenhalgh,James H. Lowry Pdf

In Minority Business Success, authors Leonard Greenhalgh and James Lowry chart a path for the full participation of minority businesses in the U.S. economy. Today, minorities are well on their way to becoming the majority of our workforce and a large part of our entrepreneurial endeavors; their full contribution is essential to national competitive advantage in a global economy. The beginning of this book summarizes demographic changes in America and shows why it's in the national interest to foster the survival, prosperity, and growth of minority-owned businesses. The authors outline why these businesses are vital to the solution to our current economic woes. Next, the book turns to what minority firms must do to take their place in major value chains, and, finally, the book examines what governments, corporations, and support organizations ought to be doing to foster minority inclusion. In total, Greenhalgh and Lowry lay out a new paradigm for developing minority businesses so that they can fully contribute to our national competitive advantage and prosperity.

A Letter to My White Friends and Colleagues

Steven S. Rogers
A Letter to My White Friends and Colleagues Book PDF

Author : Steven S. Rogers
Publisher : John Wiley & Sons
Page : 247 pages
File Size : 42,7 Mb
Release : 2021-05-25
Category : Business & Economics
ISBN : 9781119794776

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A Letter to My White Friends and Colleagues by Steven S. Rogers Pdf

Learn how to address racial wealth disparity in the United States today From the life, professional experiences, and research of former Harvard Business School professor Steven Rogers, comes his boldly stated, A Letter to My White Friends and Colleagues. This informative epistle investigates the causes of racial wealth disparity in the United States and provides solutions for addressing it. Through extensive data and historical research, anecdotes, teaching, and case studies, it presents practical ways White people can work with and help the Black community. It teaches readers that eliminating the $153,000 wealth gap between Black and White people is the solution to over 75% of our problems and offers solutions to help improve Black-White racial relations in the United States. In straightforward language, filled with facts, stories, advice, and sometimes even humor, A Letter to My White Friends and Colleagues encourages every White person to share his/her wealth with the Black community—plain and simple. This book recommends that you spend a portion of your annual household budget with Black-owned companies. If more money is spent at Black-owned businesses, those companies can grow and create more jobs for Black people. Rogers also proposes White people make large savings deposits into Black-owned banks. These are the financial institutions that are the backbone of the Black community that provide loans to the Black community for businesses, education, automobiles, and home mortgages. And finally, he resolutely encourages White people to support government reparations to Black Americans who are descendants of Black men and women, who were enslaved from 1619 to 1865. Those who read the book will: Understand the root causes of racial disparities in America Discover how you can personally contribute to reducing the inequality between Black and White people in the United States today Get concrete recommendations on how to redirect your spending to Black-owned institutions to help decrease the racial wealth gap This groundbreaking book provides financial recommendations that you can put into practice today, using his helpful instructions in most of the chapters, to address the systemic inequality between White and Black Americans. Read A Letter to My White Friends and Colleagues and be part of the path forward.