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One of the fastest growing entrepreneur groups in North America: Native business owners.
SAY is known as a resource and NationTalk’s Indigenous Business & Finance today (ibftoday.ca) is a resource tailor-made to help today’s entrepreneurs.
The majority of revenue-generating enterprises in Native communities are tribally owned. However, within recent years, small individually owned enterprises have also become an increasingly important economic base for these communities.
Many of these businesses are micro enterprises – businesses that are owned and operated by one person or family, have fewer than five employees, and are usually financed with loans of less than $35,000.*
*First Nations Development Institute (2002). Native American Entrepreneurship Report. Fredericksburg, VA: Unpublished.
More Native students are enrolled in higher learning institutions than ever before.
But what are job and pay prospects? The ‘education inflation’ – devaluing undergraduate degrees – has an impact when young people realize that obtaining an undergraduate degree does not automatically translate into a good paying job.
All of these factors impact the number of people choosing to start their own business. But do they have the skills to be successful?
This Fall issue of SAY Magazine takes a look at some examples of successes and provides some ideas of what it takes to succeed.
HERE IS THE LINK – REMEMBER: Expires on October 31, 2014