America's Latino entrepreneurs are lying in wait -- sitting on a potential $1.4 trillion in revenue boost to the economy. But a series of financial and cultural hurdles are blocking their progress.
That's the finding of a recent report by the Stanford Graduate School of Business that surveyed roughly 1,800 businesses owned by Latinos.
Latino entrepreneurs are extremely active. Latinos opened 86% of all the new businesses created in the U.S. between 2007 and 2012, according to Remy Arteaga, the lead researcher. But they lagged non-Latino businesses in how much revenue they brought in -- $155,806 in 2012 versus $573,209, according to the most recent U.S. Census data.
"When you start looking at that difference, you realize how much money is being left on the table," said Jerry Porras, professor of organizational behavior and change at Stanford's business school.
The biggest issue? A lack of access to capital. READ MORE AT CNN MONEY
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