Hey Friends: Take a look at this new study by the Kauffman Foundation for entrepreneurial studies. The study shows that business start-ups among African Americans are significantly on the rise. There is some thought out there that the gains are, in part, "involuntary" because it's a reaction to the Great Recession experienced by our nation and not borne out of proactive choices. There may be some truth to that, but I believe that taking control of your destiny by starting a business is one of most positive steps you can take and it is a proven avenue of wealth creation - something desperately needed in the African American community. Thus, I applaud the rise of start up businesses in the Black community and will continue to educate, inform and mentor as many as possible so that together, we can build prosperity for generations to come. Click on the link below to access the report:
Despite Recession, U.S. Entrepreneurial Activity Rises in 2009 to Highest Rate in 14 Years, Kauffman Study Shows