Good Ol' Boys: New members wanted
One of the interesting aspects of my job as a young CEO is getting the opportunity to meet a lot of other CEOs and business people. I have grown up in an entirely different generation than the other execs around me, and it's remarkable to notice how the world has changed. Most moms go to work, over 28 million Americans speak Spanish, and politicians are blogging.
However, even with all these changes, there is still a lot of room for progress; there are still doors that need to be opened for women and minorities in business. That's because when it comes right down to it, the same top dogs still call the shots. Meet the good ol' boys. It's a world I often see: fly-fishing, golf outings, wine tasting, hors d'oeuvres, steak dinners, Cuban cigars, politics, and skiing - just to name a few.
My own world looks a little different. I don't ski, I snowboard. I don't play golf, I paintball. I hate hor d'oeuvres, how about pizza? Who cares about wine? Let's talk technology. Fly fishing? Please. How about sky diving?
The good news is that our generation is creating a new way of doing business. Here is what the future looks like:
- IT'S YOUNG. 7 in 10 high school students want to start a business. More than 1,600 colleges and universities provide entrepreneurship programs that help students launch businesses in or right after college.
- IT'S SMALL. Small businesses represent over 99 percent of all employers in the U.S. In addition, 14 percent of Inc. magazine's 500 fastest-growing companies started with less than $1,000.
- IT'S DIVERSE. 8 in 10 African American students and 7 in 10 Hispanic students in high school want to start a business. There are now approximately 1.2 million businesses owned by African Americans, 1.6 million by Hispanics, and 1.1 million by Asian Americans in the U.S.
- AND GENDER DOESN'T MATTER. 6 in 10 female students in high school want to start a business. Women-owned businesses are growing at almost twice the national average for all businesses.
As someone who had a chance to enter the "old boys club" somewhat prematurely, I'm looking forward to the rest of you getting here. One more conversation on politics over Cuban cigars and I think I'll go jump out of a plane.






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