"African American business owners are on the rise. According to the Minority 2018 Small Business Trends survey, the number of black-owned small businesses in the U.S. increased by a staggering 400% in a year-over-year time period from 2017 to 2018.
The new survey, which was conducted by Guidant Financial, interviewed more than 2,600 business owners and aspiring entrepreneurs. It found that 45% of all small business in the country were owned by minority ethnic groups in 2018. This is a dramatic uptick from 2015 when the total percentage of minority business owners was 15%. The largest minority group of respondents were African American at 19%, followed by Hispanic at 14%, Asian at 8%, and Native American at 4%"
No wonder support for President Trump among African Americans has jumped to 36 percent. Just imagine if that support is reflected in this coming election and Republicans hold the House with a sizable margin and gain a few seats in the Senate ___ America’s economic engine will be able to ignite another “roaring twenties”.
JWK
The unavoidable truth is, the Bernie Sanders/Alexandria Ocasio-Cortez’ socialist plan for “free” college tuition will be paid for by taxing millions of college graduates who worked for and paid their own way through college and are now trying to finance their own economic needs.
Not lying…reposting inaccurate information. Guidant has since updated the infographic, and the “400% increase” is no longer part of it. They were inundated with calls about the matter, and realized they had posted something that was in error/misleading.
No no it was The B.R.O.T.H.E.R.H.O.O. who did it because they don’t want you all to realise that blacks are all powerful in the US and are trying to get rid of all the white people.
“The new survey, which was conducted by Guidant Financial, interviewed more than 2,600 business owners and aspiring entrepreneurs. It found that 45% of all small business in the country were owned by minority ethnic groups in 2018. This is a dramatic uptick from 2015 when the total percentage of minority business owners was 15%. The largest minority group of respondents were African American at 19%, followed by Hispanic at 14%, Asian at 8%, and Native American at 4%.”
According to Black Enterprise, Black owned businesses are dramatically on the rise!
JWK
The unavoidable truth is, the Bernie Sanders/Alexandria Ocasio-Cortez’ socialist plan for “free” college tuition will be paid for by taxing millions of college graduates who worked for and paid their own way through college and are now trying to finance their own economic needs.
I don’t know why there is such a resistance to welcome the fact that Black owned businesses are on the rise. I have found there are discrepancies in the numbers, and there are still obstacles in the way of Black owned business start ups, but the fact is, “black entrepreneurship is on the rise”.
"There are currently 2.5 million businesses owned and operated by African-Americans, according to the U.S. Census’s most recent survey of business owners.
Although black entrepreneurship is on the rise, black founders are still receiving less VC funding than their white peers and have limited access to capital."
I think we should be encouraging minority owned business start ups and striving to give minorities better access to capital. We should not be throwing cold water on the progress which is being made.
JWK
The liberty to succeed or fail at one’s own hand is a socialist’s nightmare and not the American Dream
