The current entrepreneurial economic recovery is proving to be one with significant breadth. African American entrepreneurs may be among those groups leading this entrepreneurial economic recovery.
The FedEx study discussed in a recent posting found that while 53% of white Americans dream of owning their own business, 76% of African Americans reported such dreams (see slide six on this PowerPoint file). These were not dreams borne out of desperation, but rather out of realization of the true path to economic independence.
ING’s Gazelle Index of African American high growth entrepreneurs reported a third consecutive quarter of higher confidence and expectations.