Posts Tagged ‘Latino owned business’

Who most embraces ‘American dream’? Hispanics.

Tuesday, August 23rd, 2011

(Christian Science Monitor) Hispanic Americans believe business ownership is the key to harnessing the much- sought-after "American Dream."

More than any other segment of the population, Hispanic Americans view entrepreneurship as a way to pursue the American Dream, take control of their lives and support their families.

That's the finding of new research that reveals about two-thirds of Hispanic business owners (versus only 36 percent of the general business-owning population) said they started their businesses to pursue the dream of bettering their lives and providing for their families.

And these business owners are planning on keeping it in the family. While 54 percent of the general population of business owners plans to pass their businesses on to their children, 70 percent of Hispanic business owners plan to do so.

Full story…

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