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December 11, 2003
African American Entrepreneurs: data supports entrepreneurial recovery breadth
The current entrepreneurial economic recovery is proving to be one with significant breadth. African American entrepreneurs may be among those groups leading this entrepreneurial economic recovery.
The FedEx study discussed in a recent posting found that while 53% of white Americans dream of owning their own business, 76% of African Americans reported such dreams (see slide six on this PowerPoint file). These were not dreams borne out of desperation, but rather out of realization of the true path to economic independence.
ING's Gazelle Index of African American high growth entrepreneurs reported a third consecutive quarter of higher confidence and expectations.
Posted December 11, 2003 11:23 AM
Comments
Contrast the findings of the FedEx study with this about France:
"A poll in 2001 showed that 41 per cent of students wanted to work as civil servants in the government and 32 per cent wanted a job at a large company.
Just 15 per cent wanted to own their own business and 10 per cent wanted to work for a small company, according to the Sofres poll for the newspaper Le Monde. In 2001, 6.66 million people, or 30 per cent of France's salaried workforce, were employed by the government, according to the state statistics institute Insee."
From the Australian Financial Review:
http://afr.com/articles/2003/12/11/1071125590381.html
Posted by: philip at December 13, 2003 03:08 PM
at Belmont University in Nashville, Tennessee. He consults with a variety of businesses on start-up and growth related issues, and with larger corporations on re-establishing entrepreneurial cultures within their organizations. Dr. Cornwall's current research interests include entrepreneurial finance and entrepreneurial ethics. He has authored or co-authored four books.
