MINORITY BUSINESSES TO WATCH
Americans often start their own businesses to circumvent obstacles related to lack of education or experience needed to succeed in the formal economy.
Most minority-owned businesses operate under the premise of owner/operator and struggle to gain access to capital that will help sustain the business over a long period of time.
Historically, in comparison to other racial groups, Black and minority business owners possess fewer personal assets such as home ownership or stocks/bonds to generate startup capital for their businesses.
Scores of studies have shown that this deficiency results in less... Read more...
LEADERS TO WATCH
Vision for the future is an important component for any business owner, manager or aspiring entrepreneur. Whether it is a nonprofit, for-profit, government, small or big business, the organization will always require a vision for growth, expansion or innovation. The mechanism that allows the organization to execute this vision is leadership. From motivating and inspiring the team and community to creating and organizing the tasks and work plan — leadership plays a critical role.
So, what is good leadership?
The most common definition is the ability to inspire confidence and support among the people who are needed to achieve organizational goals. An important element regarding leadership is that... Read more...
Leadership conference for small businesses focuses on resiliency after pandemic
The Jim Moran Institute for Global Entrepreneurship, part of the Florida State University College of Business, hosted its 10th annual Small Business Leadership Conference June 9-11 at the JW Marriott Orlando Grande Lakes.
This year’s conference focused on business resiliency and sustainability in the aftermath of the pandemic. Attendees learned about innovative strategies and techniques that will help them resume operations and adapt their business models in the event of future crises or business interruptions. Read more...
New IRSC president foresees budding partnership with business community
Indian River State College’s new president, Timothy Moore, has qualifications that are especially interesting to the Treasure Coast business community. Besides being an academic at institutions such as Kansas State, Auburn University and Florida A&M, he spent the last several years as an entrepreneur, developing a probiotic and bringing it to market. A military veteran, Moore also has worked with two biotech startup companies, Ventech Solutions Inc. and MagPlasma. Read more...