Chapter 2

Chapter 2 had a lot of interesting topics discussed. Some of them were Diversity, affirmative action, women in the workplace, and so many more but the topic that sparked an interest within me was the topic of race. It was interesting to see the data that the book provided about the statistics of how America will have changed by the year 2050 regarding race. The book states that, "Hispanics will account for 25% of the population in 2050." It also suggested that minority groups will make up 55% of the workforce in 2050. Despite these findings, minorities still have a "glass ceiling" over their heads just as women do. One of the reasons for this is because "minorities in general are advancing less in managerial and professional ranks than white."

This is no surprise to me but it did interest me so i decided to do a little more research on it.
Many minorities are owners of their own small business instead of working for a company trying to move up in the rankings. These small owned businesses are a big part of the economy. According to the U.S. Small Business Administration’s Office of Advocacy, in 1997 minority owned businesses made $495 billion in revenue and has since grown over 168 percent in the last decade. This is astonishing to me. This is just my opinion, but I think that minorities seem to find other ways to become successful and make it to the top when the majority try to stop them or put a "glass ceiling" over their heads. Since facts show that not many minorities advance in managerial ranks, they decide to become their own managers and own their own businesses. After reading through the Minorities and Business report from the Office of Advocacy US Small Business Administration, I've come to the conclusion that many minorities are entrepreneurs rather than workers that start at the bottom and work their way up.

www.sba.gov/advo/stats/min.pdf

Xavier Muldrow