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Advancing U.S. Latino Entrepreneurship

Author: Marlene Orozco

Publisher: Purdue University Press

Published: 2020-04-15

Total Pages: 314

ISBN-13: 1557539391

Advancing U.S. Latino Entrepreneurship examines business formation and success among Latinos by identifying arrangements that enhance entrepreneurship and by understanding the sociopolitical contexts that shape entrepreneurial trajectories. While it is well known that Latinos make up one of the largest and fastest growing populations in the U.S., Latino-owned businesses are now outpacing this population growth and the startup business growth of all other demographic groups in the country. The institutional arrangements shaping business formation are no level playing field. Minority entrepreneurs face racism and sexism, but structural barriers are not the only obstacles that matter; there are agentic barriers and coethnics present challenges as well as support to each other. Yet minorities engage in business formation, and in doing so, change institutional arrangements by transforming the attitudes of society and the practices of policymakers. The economic future of the country is tied to the prospects of Latinos forming and growing business. The diversity of Latino experience constitutes an economic resource for those interested in forming businesses that appeal to native-born citizens and fellow immigrants alike, ranging from local to national to international markets. This book makes a substantial contribution to the literature on entrepreneurship and wealth creation by focusing on Latinos, a population vastly understudied on these topics, by describing processes and outcomes for Latino entrepreneurs. Unfairly, the dominant story of Latinos—especially Mexican Americans—is that of dispossession and its consequences. Advancing U.S. Latino Entrepreneurship makes clear the undiminished ambitions of Latinos as well as the transformative relationships among people, their practices, and the political context in which they operate. The reality of Latino entrepreneurs demands new attention and focus.

Hispanic-Latino Entrepreneurship

Author: J. Mark Munoz

Publisher: Business Expert Press

Published: 2014-12-19

Total Pages: 180

ISBN-13: 1606493574

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The Hispanic-Latino community is large, expanding, and an important contributor to the U.S. economy. Numbering over 50 million, Hispanic-Latinos currently represent about 16% of the population. Hispanic-Latinos engage in a diversity of jobs that help keep the American economic engine running. The practice of entrepreneurship has been on the rise with over 2.3 million business in the United States categorized as Hispanic-owned, generating over $345 billion in sales. This book examines the entrepreneurial mindset of Hispanic-Latinos in the United States. With limited literature on the subject, the authors created a pioneering book that captures the viewpoints of real-life Hispanic-Latino entrepreneurs. Using a 15-item questionnaire, the authors obtained information on entrepreneurial intent, goals, and business strategies utilized. This book highlights real world business experiences, inlcuding challenges relating to entrepreneurial pursuits, and the importance of hardwork, discipline, and a positive mindset in the success of an enterprise.

2017 State of Latino Entrepreneurship

Author: Marlene Orozco

Publisher:

Published: 2020

Total Pages: 28

ISBN-13:

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With this report, the Stanford Latino Entrepreneurship Initiative highlights key research findings from its third annual Survey of U.S. Latino Business Owners. In this survey, we examine issues specifically related to Latino entrepreneurs and Latino-owned businesses in the United States. This report expands upon existing studies, including the 2015 and 2016 State of Latino Entrepreneurship reports. We continue to investigate financing and the importance of growth for Latino businesses, and conduct further analysis on the role of national banks. Where other third-party research on this population may focus only on specific regions or have small sample sizes, our survey of more than 5,000 self-identified Latino business owners allows us to consider various segments within the larger group (i.e., intragroup comparisons), including firm size, gender, age, and nativity of entrepreneurs.

2018 State of Latino Entrepreneurship

Author: Marlene Orozco

Publisher:

Published: 2020

Total Pages: 32

ISBN-13:

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Since 2015, the Stanford Latino Entrepreneurship Initiative (SLEI) has annually collected data on Latino business owners across the United States to provide timely updates on trends in Latino entrepreneurship.This report provides academic researchers, policymakers, and business leaders with insights into Latino-owned businesses as a group and as a number of subgroups and profiles. It includes differences in growth and funding experiences by gender, nativity, region, industry, size, and other personal and business characteristics. The 2018 SLEI Survey of U.S. Latino Business Owners has a large overall sample of nearly 5,000 Latino business owners, which allows data cuts on the Latino subgroups that have statistical power.Often, other third-party surveys on business owners are confined to relatively small samples of Latino-owned businesses and limited reporting on Latinos as a single group. Government data collected on business owners does not dig as deeply into the specific issues facing Latinos and is released on a delayed basis. More recently, research at the government level has shifted to focusing almost exclusively on employer firms, or those with paid employees, which make up only 9 percent of the Latino business ecosystem. The SLEI survey includes Latino-owned businesses of all sizes. Furthermore, our report leverages comparative data from other surveys, when available, in order to compare the experiences of Latinos to other demographic groups.This report also includes longitudinal data on Latino entrepreneurs who have gone through the Stanford Latino Entrepreneurship Initiative-Education Scaling Program (SLEI-Ed). Making up part of the 3 percent of Latino scaled firms, this subset of entrepreneurs provides a top-line comparison group that is highly connected and motivated relative to the average Latino-owned scaled firm. At a few points throughout this report, SLEI-Ed comparisons are used to present the reality of highly successful companies and, in some cases, how their experiences are comparable to those of less successful entrepreneurs.

Class, Ethnicity, Gender and Latino Entrepreneurship

Author: María Eugenia Verdaguer

Publisher: Routledge

Published: 2009-02

Total Pages: 236

ISBN-13: 113584464X

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Verdaguer examines first-generation Latino entrepreneurs, revealing not only that Latinos' strategies for access to business ownership and development are cut across class, ethnic and gender lines, but also that immigrants' options and practices remain shaped by patriarchal gender relations within the immigrant family, community and economy.

Latinnovating

Author: Graciela Tiscareño-Sato

Publisher: Gracefully Global Group LLC

Published: 2011-05-14

Total Pages: 284

ISBN-13: 0983476004

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Latinnovating is the first book showcasing Latino-led innovation and entrepreneurship in the green economy. As the American green economy picks up momentum, what industries are being transformed for long-term sustainability? What opportunities await you as you begin your business career or your career transition? Which businesses are leading the transformation? What role is the Latino business community playing in this transformation and how can you join them? Who will be growing and hiring for years to come? How can you best position yourself to join the great green American wave? This book takes you inside organizations where real, long-term sustainable practices and innovations are happening today. It spotlights the Latinos and Latinas leading these companies, innovating new ideas and technologies to retool America’s energy grid, lighting systems, commercial printing, communication infrastructure and much more. American Latinos have a historical and cultural bias to conserve and reuse resources. It's no wonder that today Latinos are at the forefront of many sustainable initiatives. Unfortunately, the average American employee and the mainstream American media have absolutely no idea of these innovations, contributions and opportunities. It’s time to change the conversation. You will read about: Industry transformations and success stories of sustainable businesses Who is creating long-term solutions for our new sustainable, green economy How Latinos are applying their hard work, talent, education, innovative thinking, culturally-engrained environmental advocacy, and creative spirit to improve America for all Americans

Critical Success Factors of Latino Entrepreneurs

Author: Carlos A. Linares

Publisher:

Published: 2023

Total Pages: 0

ISBN-13:

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Latino entrepreneurs in the U.S. face myriad challenges in their pursuits, with unique obstacles owing to their minority and, sometimes, immigrant status. This study investigated the critical success factors of Latino entrepreneurs in the United States. This study utilized a Delphi methodology to identify the critical success factors and thematic analysis of the identified success factors to create the theoretical model. An expert panel of individuals of Latino origin who identified either as active entrepreneurs or individuals with at least 2 years of experience working in a leadership role with an organization that serves or works with Latino entrepreneurs (e.g., Hispanic Chamber of Commerce, Small Business Development Center) were recruited using LinkedIn. Three survey rounds were administered based on 75 critical items identified in extant literature and 15 items suggested by panelists on the Round 1 survey. Across the three rounds, 74 of the 90 total items (82.2%) achieved consensus. A thematic analysis of the consensus items indicated four themes critical to Latino entrepreneurial success: competencies, work values and motivations, personal traits, and help-seeking behaviors. A new model for Latino entrepreneurial success entitled the Linares ImmiGrit Model was created based on the study results. When Latino entrepreneurs’ competencies, work values and motivations, and personal traits are applied and fortified through help-seeking and giving with relation to one’s interpersonal support network, culturally relevant institutions, and self-study and formal training, a generative cycle of both entrepreneurship and contribution may become possible. In this way, both individual accomplishments but beneficial community outcomes emerge. The dissertation contributes to the growing body of knowledge on entrepreneurship and provides a foundation for future research and policy development aimed at promoting entrepreneurial success among diverse populations. Based on these findings, Latino entrepreneurs are advised to (a) uncover their unique reasons for business ownership and use these to sustain them through the inevitable challenges, (b) be proactive in assessing their competencies and addressing any gaps through help-seeking, and (c) be deliberate about both seeking and offering help so that, collectively, Latino entrepreneurs advance in renewed strength together.

Advancing Research on Minority Entrepreneurship

Author: Timothy Bates

Publisher: SAGE Publications, Incorporated

Published: 2007-09-13

Total Pages: 212

ISBN-13:

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The papers in this volume of The ANNALS review the three ingredients to creating a successful business: o Skill level and capability of the entrepreneur or the management team o Access to financial resources and venture capital o Market accessibility for the products or services provided by the enterprise Those involved in the disciplines of business, organization studies, small business/entrepreneurship, strategic management and business policy, economic and development studies, and ethnic studies will find this volume of The ANNALS to be an important and fitting collection of substantial and relevant research as well as a springboard for future research in this growing area of study.