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Double Outsiders by Jessica Faye Carter JD MBA

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CHAPTER 12 Off-Track Betting: Careers Beyond the Fast Track

The past decade has seen huge growth in the number of businesses owned by women of color. During this period, the number of businesses owned by women of color increased by 54.6 percent. The number of their employees also increased, by 61.8 percent, and the revenue generated from their companies increased by 73.6 percent. Currently, women of color own 1.4 million businesses in the United States and employ roughly 1.3 million people, with sales revenues close to $147 billion.1 If you decide to leave corporate America and start your own business, you are not alone.

NOTE: From 1997 to 2004, women of color–owned businesses grew at six times the rate of all U.S. companies.2

When women of ...

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