Top Latinas Entrepreneurs
“The Latinos are
getting into entrepreneurship much more than any other groups”, this is all
over the media and people are talking hugely on it. As per a study done by Stanford
Latino Entrepreneurship Initiative, it is inferred that the number of
businesses owned by the Latinos in the U.S. is increasing at a very fast pace,
especially if we compare it to the other groups. This is quite impressive
because Latinos are known to be lacking resources and capital, which are the
prime requisites of starting a business.
Though the
population in Latinas is also growing, which currently sits at 18% of the
population of the United States of America and is all set to become 28% by the
year 2060 as per the U.S. Census Bureau, but the rate at which the Latinos
businesses are coming forward surpasses the Latina population statistics. The top Latinas entrepreneur has already
become popular names to seek inspiration from. Many of them are women like
Geisha Williams, CEO and president of PG&E and first Latina to lead a
Fortune 500 company, who have proven to the world that they have excellent entrepreneurial
skills along with other qualities which has helped them reach the highest point
of the corporate ladder.
Not only
corporate, there are many of them who have become the stars of the Hollywood while
they have flourishing business firms too. Some Latinos hold key positions in
the multi-million- dollar firms and are known to contribute significantly to
the growth of the firm. For your daily dose of motivation, you can read the list
of the 50 Most Powerful Latina women in corporate America published by the
Association of Latino Professionals for America. This list contains name of
many Latina executives who are now names of global recognition and reputation.
As per the
National Women’s Business Council, Latinas owns around 788,000 businesses in
the U.S generating more than $65 billion revenue, it is a 45% rise as compared
to the year 2002. Many Latinas
entrepreneurs have no paid employees, which mean that these companies are
run by a set of people who run businesses like property agents, contractors, salesperson,
etc. at a small scale from their homes. It is a low-cost option of entering the
business and it allows flexibility of working hours and other factors too.
Not only women,
but Hispanic men also have success stories to share. Jorge Perez, founder of the
Related Group, which offered affordable housing first but today offers high-end
condominiums, is aiming to make it bigger by having many more joint ventures. Other
names those deserve a mention here, are Jordi Munoz with Chris Anderson launched
3D Robotics who made more than hundred million dollars in their venture.
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