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Minority Women Entrepreneurs - How Outsider Status Can Lead to Better Business Practices (Paperback)
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Minority Women Entrepreneurs - How Outsider Status Can Lead to Better Business Practices (Paperback)
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How does gender and minority status shape entrepreneurial
decision-making? This question seems long overdue since minority
women in the US start new businesses at four times the rate of
non-minority men and women. This book is about minority women
entrepreneurs in the United States. Though these women are thriving
as business owners, their stories are very seldom told, and few
think of minority women as successful entrepreneurs. Therefore, the
first purpose of the book is to give voice and visibility to US
minority women business owners. The second purpose is to explain
what makes these women different from the standard white male
business owners most people are familiar with. Through in-depth
interviews and first-hand accounts from minority women
entrepreneurs, the authors found that, in innovative and exciting
ways, minority women use their outsider status to develop socially
conscious business practices that support the communities with
which they identify. They reject the idea that business values are
separate from personal values and instead balance profits with
social good and environmental sustainability. This pattern is
repeated in statistical evidence from around the globe that women
contribute a much higher percentage of their earnings to social
good than do men, but until now there was no clear explanation of
why. Using sociological and psychological theories, the authors
explain why women, especially minority women, have a tendency to
create socially responsible businesses. The innovations provided by
the women in this study suggest fresh solutions to economic
inequality and humanistic alternatives to exploitative business
policies. This is a radically new, socially integrated model that
can be used by businesses everywhere. This book is intended for
undergraduate and graduate students of business, sociology, race
and gender studies as well as practitioners of entrepreneurship,
aspiring entrepreneurs, and all those looking for new examples of
holistic, sustainable and socially responsible business practices.
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