This part: “…these exits are fueling a surge in Black women’s entrepreneurship. It’s a powerful act of resilience and reinvention—an effort to transform systemic inequities into opportunity, leadership, and legacy. But let’s be clear: entrepreneurship should be a choice, not a last resort when traditional employment closes its doors. If these ventures are to redefine wealth and stability, they must be met with access to capital, contracts, and visibility.” 💯💯💯
Black women are being pushed out of the labor force at historic rates, 300,000 this year alone. That’s not just a labor market disruption; it’s an economic crisis. At the same time, as Essence Communications Inc. and Shanel Evans highlight — citing my Fortune byline — these exits are fueling a surge in Black women’s entrepreneurship. It’s a powerful act of resilience and reinvention—an effort to transform systemic inequities into opportunity, leadership, and legacy. But let’s be clear: entrepreneurship should be a choice, not a last resort when traditional employment closes its doors. If these ventures are to redefine wealth and stability, they must be met with access to capital, contracts, and visibility. Thank you to Essence and Shanel Evans for amplifying this story. Coverage like this ensures Black women’s economic leadership is not erased, but recognized as central to our future prosperity. Equity isn’t charity. It’s an economic imperative. Full article in comments. #EquityEconomics #Entrepreneurship #GenderEconomist #EquityIsAnEconomicImperative Jennefer Witter Sima Ladjevardian
J. Averi Frost, totally agree - entrepreneurship should be about opportunity, not just survival. Capital access is really where the game changes for building something lasting.
you're hitting on the real bottleneck here. without that capital access, most ventures just stay in survival mode instead of actually scaling.