Small businesses and entrepreneurs have been longtime generational wealth builders. According to the Federal Reserve Bank of Cleveland, “In 2016, the average wealth of households with a head identifying as black was $140,000, while for white-headed households was $901,000, nearly 6.5 times greater.” Minority-owned businesses have the capacity to reduce this gap and its negative effects on their communities and supporting minority-owned businesses have proved to have a positive impact on communities of color. Minority business owners do face challenges. Roughly 18.7% of U.S. businesses are minority-owned and access to capital still is one of the biggest challenges today. The challenge is even greater for Black women-owned small businesses. In this webinar, minority-owned business owners will have an honest conversation about their personal journeys into entrepreneurship, challenges faced, identity, access, leadership, and how they have set themselves apart as minority business owners in risk management and insurance.
Risk Management, Insurance and Entrepreneurship: Minority Owned Businesses
In this webinar, minority-owned business owners will have an honest conversation about their personal journeys into entrepreneurship, challenges faced, identity, access, leadership, and how they have set themselves apart as minority business owners in risk management and insurance.