Want a Revolution? Start a Business. | 5-Minute Videos

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Is social activism the only way to improve the situation for minorities in America? Alfredo Ortiz, the son of Mexican immigrants and the CEO of Job Creators Network, has a different take.

Script:

I recently came across a book for grade-schoolers titled Sylvia and Marsha Start a Revolution!

The moral of the story is this: minority kids should pursue social activism—actually, a revolution—to make America a better place.

That’s almost the conventional wisdom now. But it’s completely backwards.

If you want to make America a better place for everyone, especially for minorities, forget “social activism.”

Instead . . . start a business.

Starting a business is the real revolutionary act that minorities can take to empower themselves and their communities. Small business owners achieve something no “social activist,” “revolutionary,” or politician ever could . . . They create jobs—not only for themselves—but for millions of others.

The United States is home to 33 million small businesses. These businesses generate two-thirds of all new jobs—driving employment, innovation, and economic growth.

You could say that small business owners are modern-day alchemists. But unlike alchemists, (who tried to turn lead into gold), small business owners really do make something from nothing. They create value where it didn’t exist before. And the economic impact of this alchemy reverberates throughout their communities and beyond.

So who are these small business owners?

They are—disproportionately—minorities. In fact, relative to their population, minorities start businesses more often than their white counterparts.

And many are succeeding.

Take Carlton Guthrie, for example. Carlton and his brother are the owners of Detroit Chassis, a business that assembles frames for motorhomes and commercial trucks.

Carlton grew the company from a small metal-stamping shop into a major manufacturer. At present, it earns over $100 million a year in revenue and employs roughly 160 workers, most of whom, like the Guthrie brothers, are black.

We see the same trend with Hispanic entrepreneurs. The ratio between white and Hispanic household wealth declined from 8:1 in 2013 to 5:1 in 2019, as Hispanics became more entrepreneurial.

Carlos Gazitua, the Cuban American owner of Sergio’s Restaurant in Miami, understands the importance of minority entrepreneurship. He calls on minorities “to show their success.”

He wants the younger generation to know that business success is possible and that the system is not rigged against minorities.

“Entrepreneurship is the essence of the American Dream,” Carlos concludes.

He couldn’t be more right.

According to the Kauffman Foundation, 360 out of every 100,000 Americans start a business in any given month. Yet among Hispanics, this figure is 540 per 100,000—50 percent higher than the American average.

There are ten million minority-owned small businesses in America, generating $2 trillion of annual wealth and employing ten million people. Most of these businesses are located in minority communities where they employ minority workers.

#startup #entrepreneur
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If you can't start a small business, BUY from them. This allows our values and beliefs to dominate, vs. Big Governments lack of values to dominate.

dragonslayer
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I have a tutoring business and recommended to most of my students to start a business instead of getting a job

aerok
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Fear of failure is the biggest stumbling block to success for most people. Think of failure as a lesson learned of what NOT to do again in the future. Take another course of action, because that new direction may well be the one you were looking for all along. Experience is a great teacher. Learn from it.

robertjanicki
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This is precisely the message we need to get out to ALL Americans, especially the youth. We need to get back to our entrepreneural roots. Do something Revolutionary, start a Business! Love it

meinking
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I see a lot of restaurants & food trucks by Mexicans. And the food is excellent.
It's a change from burgers & fries.

Hawken
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I wonder if that's why they make it so hard to start and run a business.

rdoubled
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Why was this video uploaded and now is private? I saw 5 minutes of it.
Is this PragerU's doing or is YT up to no good?

Hawken
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When will the Prager U app allows people to turn off their phone screen and keep listening?

mil
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Excellent presentation, one of PU's best!

America was built by immigrants opening new businesses - then, mostly white. I'm very glad to hear the same thing is happening with today's newcomers, despite the many obstacles government places in their way. I had no idea there are as many as 33 million small firms - that's one by every ten people!

jimdavies
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They don't just create jobs, they create communities

kevinmarshall
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The Buy Larger Mansions organization is sort of a “business”, except only the founder and her family benefit.

kovy
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If you want more people to start businesses, separate healthcare from employment. People are scared of leaving jobs with good health insurance to open their own businesses. Medicare for all would give entrepreneurs the safety net they’d need to put their ideas into action without risking their family’s ability to access affordable medical care.

elijahculper
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For some reason, when I click "like", it doesn't add my vote to the total.

danamunkelt
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You can either sell a product, a service, or your expertise. Just make a choice and then line up the financing - you cannot do anything without money. You could also start a YouTube Channel for free.

violinhunter
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For those who don’t think a business can start a revolution, look up Defense Distributid.

anarchistscum
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I don't know what it is about prager's channel but they keep having errors. The premieres don't work they don't come out on time. The videos never load, they're having a rough time

tjedwards
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Inflation is caused by printing money out of thin air by the private federal reserve, not reckless government spending.

robertfinch
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Whatever happened to Players Magazine? It showed minority business successes.

donswearingen
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Amazing clip. Thoughts in last month were walking around this topic. Very interesting 😅

cinek
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Hiring people isn't the point of business. It's to predict and meet consumer demand with the most efficient use of scarce resources as possible, which includes humans. I wouldn't start a landscaping business, and replace lawn mowers with shears.

mstcrow