Entrepreneurs rely heavily on the networks of contacts and communities they form at industry events, conventions, business lunches, etc. The problem? We have been following the social distancing rules for Covid-19 for more than 15 months. READ MORE AT ENTREPRENEUR
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Networking. A word that can summon fear into even the most resilient of entrepreneurial hearts. However, little else can grow your business as powerfully as networking can. At its core, networking is the process of building relationships. Over time, these relationships will reveal interesting and worthwhile opportunities for you. READ MORE AT BUSINESS2COMMUNITY
Despite liberal Hollywood's best intentions, every other decade becomes the emerging "Decade of the Hispanic," as if the group exists in a perpetual state of arrival. Even as the big-budget film adaptation of the Lin-Manuel Miranda musical "In the Heights" hit theaters and HBO Max last week to rave reviews, Latinos in Hollywood say they face outsize obstacles in getting stories that reflect their experiences to the screen. READ MORE AT GAZATTEXTRA
The Indy 500, held every Memorial Day weekend, is draped in Americana. Thousands of fans attend the “The Greatest Spectacle in Racing” decked out in stars and stripes attire. They stand tall when the the colors are presented, take off their hats for the National Anthem and cheer when a colossal American flag makes a lap around the track on a flatbed.
But the quintessentially American Indy 500 also is a showcase and celebration of international racing talent. In the 101st Indy 500 held Sunday, 21 of the 33 drivers who raced in the event were from countries other than the U.S., including six Latino drivers. READ MORE AT NBC NEWS
According to Nielsen, Hispanics will contribute more growth than any other population segment. It is estimated that for the next 40 years, Hispanics will be the primary contributors to the total U.S. population growth, comprising 53% of growth in just the next five years and 68% of the growth for 2060. Start adjusting your strategy today to assure a profitable and sustainable future, whatever it may look like.
Hispanics are highly passionate and social. They share what they love and don’t love with their friends, family, and community. The actual purchase is just one step in the process. READ MORE AT ENTREPRENEUR
White men now make up the minority of business owners in the United States, a shift driven by fast growth in women- and LatinX-owned businesses, and one that has profound implications for the country’s finance and innovation infrastructure.
LatinX owned businesses have been growing at a rate of two- to-four times the rate of the overall population since 2015, when Porras’s organization began surveying them. He estimates that there are 1 million net new LatinX-owned businesses created every five years. READ MORE AT FORBES
With more than half of all Hispanic and Latino Americans unable to set up a basic checking account or send and receive money, the pandemic has highlighted the deep divide between those who are able to access digital banking, and those who are not.
Cuentas (Nasdaq: CUEN), a Miami-based fintech company focused on serving the Hispanic and Latino communities, is looking to narrow that divide, if not eliminate it outright - one card and one app at a time. READ MORE AT THE STREET
Despite being the fastest-growing segment of the U.S. small business ecosystem, Latinos continue to struggle to secure capital from national banks.
That’s according to the State of Latino Entrepreneurship 2020 research study from the Stanford Latino Entrepreneurship Initiative.
Stanford’s report found that only 20 percent of Latino-owned businesses that applied for national bank loans over $100,000 obtained funding, compared to 50 percent of white-owned businesses. When looking at loans of all sizes, the percentages change, but not the gap: among Latinos, 51 percent received loans versus 77 percent for whites. READ MORE AT CBS NEWS
When the Black Lives Matter movement gained mainstream traction last year after the murder of George Floyd, many people engaged with the importance of being actively anti-racist and committing to being an ally in every part of life. This includes the workplace where pushing for diversity and inclusion is particularly important. READ MORE AT STYLIST
Latino and Black workers remain underrepresented in the science, technology, engineering and math (STEM) workforce compared with their share of all workers. But a Pew Research Center report published Thursday found that the gap in STEM workforce representation is especially large for Hispanic adults. READ MORE AT NBC NEWS
For many companies and organizations, the past year has provoked critical conversations around diversity, equity, and inclusion (DEI) and inspired many to take necessary steps to address systemic racism. While the Boys & Girls Clubs of Metro Atlanta (BGCMA) has been advocating for racial equity for over 80 years, we too have been on our own DEI journey over the past year. With nearly 90% of our youth identifying as African American or Latinx and the large majority of our employees coming from racially diverse backgrounds, this past year has been a deeply introspective period for our organization. READ MORE AT SAPORTAREPORT
Latinos were disproportionately hit by the pandemic — economically and in deaths and illness. Hispanics had just regained earnings and wealth at levels they had had before the Great Recession in 2008. Missing out on the aid could slow not only their recovery, but also the economic recovery. READ MORE AT NBC NEWS
In response to this deeply charged and meaningful moment in our history, many companies and industry leaders felt pressure to make public their commitment to rectifying institutional bias within their own homes. Many issued statements and launched initiatives to combat discrimination and cultural bias.
Along with this social and institutional reckoning has certainly come a lot of progress when it comes to DEI, but many feel that there is much farther to go. READ MORE AT FORBES
Many organizations recently have looked to apply diversity, equity and inclusion initiatives in their workplace. While diversity and inclusion in technology involves developing and nurturing these practices internally, companies should also consider the diversity of the people who use their products. READ MORE AT THE SERVER SIDE
Insights from the “Future of Work is Here” report provide employers and employees around the globe with tangible takeaways on how they can boost their competitive advantage in today’s evolving workforce and respond effectively to megatrends that have been accelerated by the COVID-19 pandemic. READ MORE AT MARKETSCALE
I recently noticed my friend added the descriptor “Latina-owned small business” on her website and related accounts. She’s not Latina. Neither is anyone in her immediate family, her extended family, nor ancestrally. She’s a white woman. I am Latina, and my culture is very important to me. READ MORE AT SLATE
Welcome to a brand new year and decade—a chance to give your career a fresh start. Are you looking for more fulfillment and purpose in your work? Are you ready for a challenge that lets you meet your full potential?
If finding the next job opportunity tops your New Year’s resolution list, the recruiting experts at Booz Allen have some thoughtful advice. Here are their top tips. READ MORE AT CLEARANCE JOBS
Latinos are launching businesses at an unprecedented pace, but barriers — some long-standing, some brand new — keep them from reaching their potential.
The number of Latino business owners has surged by 34 percent over the past decade, outpacing that of any other ethnic group. Yet despite that entrepreneurial vigor, Latino business owners face ongoing challenges, as their companies tend to remain smaller and less profitable than white-owned businesses. READ MORE AT STANFORD BUSINESS
Have you ever wished to have a secret formula that is guaranteed to put you ahead of the competition? Of, course! In truth, there are numerous ways you can increase your chances in standing out among stiff competition in your quest for greater career opportunities. READ MORE AT BIOSPACE
Forty-two percent (42%) of American adults either have owned a small business or want to do so.
A Job Creators Network/ScottRasmussen.com national survey found that 22% have already run their own business and another 20% would like to do so in the future.
Black and Hispanic Americans who have never run their own business are more interested in trying it than white Americans. READ MORE AT NEWSMAX
