Frank McCoy:
Most Americans also don’t pay much attention to census reports. Otherwise, more would know that blacks have been creating their own businesses at a record pace for more than a decade. Businessinsider.com’s breathless and squirm-inducing headline, “You’ll Be Surprised by What the Future Crop of Entrepreneurs Is Going to Look Like,” actually leads to a positive, if short, article.
It says, “According to a Gallup poll of a representative sample of 1,721 children in fifth through 12th grade conducted this spring, African-American kids were significantly more likely than white kids to report that they plan to start a business. While 39 percent of white children said they plan to start a business, 52 percent of African-American children reported this intention.”
Hooray for all the black children who want to build capital instead of just earning income….
When asked about the growing number of black entrepreneurs, Thomas said that trend has been observed at Georgetown’s McDonough School of Business, where a larger proportion of black applicants are interested in entrepreneurship than members of other groups.
Entrepreneurial zeal, he said, is encouraged at Georgetown where, 15 years after graduation, more than 50 percent of business graduates have either started their own businesses or work in small or medium-sized companies that are more entrepreneurial. “We also focus on connecting our students to small businesses in the Washington D.C. area, and that attracts African-American students,” he said.
Thomas stresses that the link between business and society is important. “There are places where if you spoke about that, it would sound soft or hokey. Not here. It was that emphasis, the potential to do something unique and the chance to make a difference in leadership practices that drew me to Georgetown,” he said.
via The Bottom Line: Young Blacks Want Their Own Businesses.
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