Minority Women Entrepreneurs: How Outsider Status Can Lead to Better Business Practices
Minority women start new businesses in the U.S. at four times the rate of non-minority men and women. Though minority women entrepreneurs in the United States are thriving, their stories are very seldom told, and few think of minority women as successful entrepreneurs. Minority Women Entrepreneurs gives voice and visibility to this group of business owners.
The second purpose of this book is to explain what makes these women different from the standard white, male business owners with whom most people are familiar. Through in-depth interviews and firsthand accounts from minority women entrepreneurs, the authors found that minority women use their outsider status to develop socially conscious business practices that support their communities in innovative and exciting ways. They reject the idea that business values are separate from personal values, and instead balance profits with social good and environmental sustainability. This pattern is repeated in statistical evidence from around the globe: women contribute a much higher percentage of their earnings to social good than do men. But, until now, there was no clear explanation of why. Using sociological and psychological theories, the authors explain the tendency for women, especially minority women, to create socially responsible businesses. The findings in this book suggest fresh solutions to economic inequality and humanistic alternatives to exploitative business policies. Herein lays a radically new, socially integrated model that can be used by businesses everywhere.
What people are saying - Write a review
We haven't found any reviews in the usual places.
Other editions - View all
African American approximate number Asian Asian American assumptions Babson College behavior beneﬁt business owners capitalism cares about issue characteristics ChexSystems Chodorow classical economic Claude Steele conﬁdence conﬂict context create Crittenden 2001 cultural deﬁned deﬁnition Deserly dominant economic theory entrepreneurship ethnic experience female ﬁeld ﬁnancial ﬁnd ﬁrst ﬁt gender goals Godwyn Grameen Bank Henderson-Townsend Henningsen Hispanic human identiﬁed identity important Moderately important individual inﬂuence innovation instrumental rationality Intensity level entrepreneur Langowitz level entrepreneur cares Lewis male mannequins Maryam masculine minority status minority women entrepreneurs Moderately three Muhammad Yunus Najma Native ness nomic normative Occasionally once oovoo perspective proﬁt provide speciﬁc quotations quotations from entrepreneur race reﬂect relationships self-interest signiﬁcance small businesses social entrepreneurship social values society sociological solidarity stereotype threat three to ﬁve tion Treisman U.S. Census Bureau WBCs Weber White Women’s Business Centers workplace writes Yunus