Walker’s Legacy is proud to conduct research for our Men Who Enterprise initiative. Our Men Who Enterprise research is based on national data around minority men business owners and their experiences in the world of business and entrepreneurship. These findings present statistical data for the motivation, challenges, financial trends, and support that minority men business owners face and need to thrive.
To learn more about the ongoing research efforts that Walker’s Legacy is carrying out, please navigate our various research and insights topics below.
Sixty-five percent of all Black owned businesses are ran and operated by a man. Yet, as of June 2020, only four Black men are CEOs of Fortune 500 companies. This research focuses on Black men in entrepreneurship and the challenges and opportunities these men face as entrepreneurs.
Out of all Black entrepreneurs in the United States, 65% are men.
Access is, overall, the biggest challenge for Black owned businesses due to discrimination or bias from banks.
Despite financing obstacles, African Americans are starting businesses at record hight rates. Black-owned businesses grew by 400% from 2017 to 2018.
Black Men Entrepreneurship
Sixty-five percent of Black owned bushinesses are run by a man. Yet, as of June 2020, only four Black men are CEOs of Fortune 500 companies. This research focuses on Black men in entrepreneurship and the challenges and opportunities these men face as entrepreneurs.
Latino men are some of the fastest-growing entrepreneur segments in business today. While still being underrepresented as entrepreneurs, this research shows the challenges and overcomings that Latino men have faced in the field of entrepreneurship in the United States.