Financing the American Dream: The Struggles and Possibility of Hispanic Immigrants Starting a Business in the US

Mentor 1

Wendy Potratz

Location

Union 240B

Start Date

24-4-2015 1:40 PM

Description

The American Dream is a notion that US citizens and foreigners alike have opportunity at achieving success and living prominent lives while living in the USA. This impression brings in many immigrants each year to attain these opportunities. They come with the perception that they are able to start with nothing and secure financial prosperity. This analysis will define the American Dream as the idea that those that come to the USA with hopes of starting a successful business. Further, the analysis will compare personal income and business data of varying ethnicities to see the potential for equal prosperity in the USA. Personal income will portray financial position before starting a business. To determine success of a business, an analysis compares startup capital and average income in different industries that vary by ethnicity of business ownership. The data comes from surveys completed by the US Census Bureau. Overall, this analysis focuses on the likelihood of a Hispanic immigrant attaining their interpretation of the American Dream as it relates to creating a successful business.

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Apr 24th, 1:40 PM

Financing the American Dream: The Struggles and Possibility of Hispanic Immigrants Starting a Business in the US

Union 240B

The American Dream is a notion that US citizens and foreigners alike have opportunity at achieving success and living prominent lives while living in the USA. This impression brings in many immigrants each year to attain these opportunities. They come with the perception that they are able to start with nothing and secure financial prosperity. This analysis will define the American Dream as the idea that those that come to the USA with hopes of starting a successful business. Further, the analysis will compare personal income and business data of varying ethnicities to see the potential for equal prosperity in the USA. Personal income will portray financial position before starting a business. To determine success of a business, an analysis compares startup capital and average income in different industries that vary by ethnicity of business ownership. The data comes from surveys completed by the US Census Bureau. Overall, this analysis focuses on the likelihood of a Hispanic immigrant attaining their interpretation of the American Dream as it relates to creating a successful business.