Entrepreneur (94)

Tomorrow, October 8, marks Latina Equal Pay Day, an important reminder of one of the most persistent economic disparities in the American workforce. Latinas working full time, year-round earn roughly 58 cents for every dollar paid to white, non-Hispanic men, according to the National Women’s Law Center. Over a 40-year career, that gap could cost a Latina approximately $1.3 million in lost earnings.

The impact extends far beyond a paycheck. Lower lifetime earnings can mean less money available to

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For decades, the public image of Hispanic entrepreneurship in the United States was largely tied to a familiar collection of industries: construction companies, restaurants, transportation businesses, neighborhood retailers and family-owned service firms. Those businesses remain important pillars of the Hispanic business economy, but they no longer tell the whole story. A new generation of Hispanic entrepreneurs is expanding into technology, professional services, financial technology, e-commerc

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October changes the rhythm of the business year. Summer is behind us, companies are deep into fourth-quarter priorities, budgets and talent decisions are taking shape, and the finish line of the calendar year is suddenly visible. It can feel like the beginning of the year-end slowdown, but professionally, October should mean almost the opposite. The beginning of the fourth quarter offers a valuable window to strengthen relationships, increase visibility and create opportunities that can carry in

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The U.S. Hispanic market is no longer an emerging segment of the American economy. It is one of its most consequential growth engines. The latest Latino Donor Collaborative economic analysis estimates that U.S. Latino economic output reached $4.4 trillion in 2024, which would make it the fourth-largest economy in the world if U.S. Latinos were measured as an independent country. Between 2019 and 2024, that economy expanded at an annualized rate of 5.4%, more than twice the 2.4% rate for the Unit

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The Growing Economic Power of Latinas in America

For years, corporate America has talked about Latinas as part of an “emerging” demographic opportunity. That description is increasingly outdated. Latinas have already emerged as a major economic force. They are working, starting companies, buying homes, managing household finances and influencing purchasing decisions across some of America's largest industries.

The scale should command attention. The U.S. Hispanic population has surpassed 68 million, representing roughly one-fifth of the countr

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Entrepreneurs are usually eager to market their businesses, but they are considerably less enthusiastic about creating a marketing plan. That distinction can become expensive. Posting on Instagram, buying Google ads, sponsoring an event, sending promotional emails, hiring creators or producing videos are all marketing tactics, but none constitutes a marketing strategy on its own. Without a larger plan connecting those activities to customers, revenue and measurable business objectives, companies

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The latest economic data show an economy that is still moving forward. U.S. employers added 162,000 jobs in August, unemployment held at 4.1%, and the economy grew at a 1.5% annual rate in the second quarter. For professionals and business owners, that creates opportunities to pursue new roles, customers and sources of income. But growth alone does not determine who benefits from it.

The pressure on household budgets remains real. Consumer prices were 3.4% higher in August than a year earlier, w

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A promising idea can attract attention. A business plan determines whether that attention can become a profitable company. It forces an entrepreneur to answer questions that enthusiasm alone cannot: Who will buy? What will they pay? What will it cost to deliver? How much cash is needed before the business can support itself?

Those questions matter across an economy with 36.2 million small businesses employing 62.3 million people, according to the U.S. Small Business Administration’s Office of Ad

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Latin music dominates playlists. Spanish and English move easily through the same social feeds. A streaming release can find its first devoted audience in Hispanic households and then reach millions of viewers beyond them. These are visible signs of a larger shift: Latino consumers, creators and business owners are helping determine what sells in the United States.

The scale is difficult to dismiss. The U.S. Census Bureau estimates that 70.1 million Hispanic people lived in the United States in

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A company can have a strong product, a capable team and a competitive proposal, yet still lose a deal before its executives enter the room. Prospective buyers are forming opinions earlier, researching independently and asking colleagues which companies they trust. For founders and business leaders, that makes executive authority a commercial asset: the ability to demonstrate informed judgment before asking someone to buy.

The opportunity is especially consequential for smaller firms competing ag

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For decades, the American formula for professional success appeared straightforward: earn a four-year degree, secure a white-collar position and climb the corporate ladder. Skilled trades were too often presented as a second choice reserved for people who were supposedly not “college material.” That hierarchy shaped how schools advised students, how parents measured achievement and how society defined professional status.

The economics are now forcing the country to reconsider that assumption. T

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f you have been thinking about starting a business, the question may no longer be whether entrepreneurship is worth exploring. The more useful question may be why you are still waiting.

America is experiencing a remarkable period of entrepreneurial activity. The U.S. Census Bureau recorded 578,926 business applications in July 2026 alone, seasonally adjusted, an increase of 8.1% from June. The Census Bureau projects that nearly 30,000 employer businesses will ultimately emerge from that single m

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Entrepreneurship is often presented as a dramatic leap that begins whenever inspiration strikes. In practice, timing matters. A strong idea launched into an inactive market may struggle to attract attention, while a thoughtfully prepared business introduced during a commercially active season can gain customers, partners and momentum much faster.

Fall offers one of the most favorable windows of the year for turning an idea into a functioning business. Professionals return from summer vacations.

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Entrepreneurship is often presented as a dramatic career move that begins with a brilliant idea, a large investment and a fearless leap into the unknown. The reality is usually less cinematic and considerably more practical. Most successful businesses begin when someone identifies a problem, confirms that people will pay for a solution and builds a disciplined operation around delivering it consistently.

Americans continue to demonstrate a powerful appetite for business ownership. The United Sta

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For entrepreneurs, hiring a family member can feel like a practical solution to a familiar problem. The business needs someone trustworthy, the relative understands the founder’s values and both parties may already share a strong commitment to the company’s success.

That familiarity can be an advantage. It can also create one of the most complicated employment relationships an owner will ever manage.

A family member may bring institutional knowledge, personal loyalty and a willingness to remain

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The fall business season is approaching quickly, and the decisions professionals and entrepreneurs make now could influence the opportunities they encounter through the end of 2026 and into 2027.

In exactly two weeks, Chicago’s Latino professional and business community will gather for the 18th Annual ¡Viva La Hispanidad! Hispanic Heritage Month Kickoff Celebration on Friday, September 11, from 6 to 9 p.m. at the I|O Godfrey Roofscape in River North. The celebration will bring together professio

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Starting a business is often portrayed as a complicated leap reserved for venture capitalists, technology geniuses and people with unusually high tolerances for risk. In reality, most businesses do not begin with a revolutionary invention, a large staff or millions of dollars in funding. They begin when someone identifies a legitimate problem and develops a practical way to solve it.

The United States has more than 36.2 million small businesses, which collectively employ approximately 62.3 milli

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Freelancing is no longer a fringe segment of the labor market. It has become an important part of how companies access specialized talent, how professionals diversify their income and how entrepreneurs build businesses without the overhead of a traditional organization.

More than 72 million Americans performed independent work in 2025, according to MBO Partners. Earlier research from Upwork found that 64 million Americans freelanced in 2023, representing 38% of the U.S. workforce and generating

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Hispanic entrepreneurship is no longer an emerging corner of the American economy. It is one of the country’s most consequential sources of business formation, employment and consumer-market growth. Latino entrepreneurs are opening firms at a pace that has consistently exceeded overall business growth, while building companies across construction, transportation, hospitality, professional services, health care, technology and retail.

The latest comprehensive data from the U.S. Census Bureau unde

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Entrepreneurship in 2026 looks markedly different from the startup culture of a decade ago. Building a serious business no longer automatically requires a large staff, expensive office space, outside investors or an extensive technology department. Artificial intelligence, automation, cloud software, digital commerce and increasingly sophisticated no-code tools are giving founders capabilities that previously belonged primarily to larger organizations.

Americans continue to demonstrate a strong

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