How To Empower Young Black Entrepreneurs
Caroline Lester | June 16, 2017
InnovationHub | Great Minds, Great Conversations | WGBH Radio
Credit: HAMZA BUTT / Flickr Creative Commons
Back in 1968, President Lyndon Johnson commissioned a report on the state of race in America. The Warren Commission’s ensuing statement: our nation was “.”
But there are lots of people working on this problem. One of them is. Rock is the founder of , an incubator for businesses started by young black entrepreneurs. And he thinks the key to closing the wealth gap lies in fostering local small businesses.
- For comparison, that’s almost the same amount of time slavery existed in America. That, says Rock, is a huge problem.
- So where does entrepreneurship come in? “Self-employment is a way in which you can, at the very least, try to get control of your own economic circumstances,” Rock says. “There’s something very empowering about that.”
- Rock would like to clarify, however, that when he talks about entrepreneurship, he’s not talking about Silicon Valley tech companies. “We’ve been fixated on the bright shiny object of high-tech high-growth,” Rock says. “[But] if a micro-entrepreneur was able to hire just one other person… .”
- Check out from the consulting firm McKinsey & Company about how diversity can impact a company’s bottom line.
- CityLab for progress in Charlotte and the “New South.”
- Looking for more great I-Hub segments? Here’s on why there aren’t more minorities in tech.