While the percentage of Americans running a business has stagnated at 6.2 percent over the past two decades, Latinx founders have rocketed from 6.5 percent of all entrepreneurs in 2001 to 15 percent as of 2019, making them the fastest-growing demographic among all U.S. entrepreneurs. This bright spot for the American economy is dimmed, however, by these businesses’ failure to scale.
By Arnobio Morelix – Chief innovation officer, Startup Genom
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Courtesy of Inc.