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February 25, 2008 by willng24.
I stumbled upon this great website called Asian Nation that recently had an article, titled Asian Small Business, showing the correlation between being Asian and being an entrepreneur.
Some of the explanations for the correlation are:
1) Labor Market Discrimination - lack of English skills and education
2) Cultural Traits and Ethnic Resources - applying cultural traditions of working hard, delaying material gratification, and sacrificing for the next generation
3) Class Resources - having a lot of financial resources to start a business
4) Structural Opportunity - racism among businesses
I’ve always admired entrepreneurs, especially if they are immigrants. Now I just need some of my Asian blood to start flowing with ideas.
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