The State of Black Male-Owned Businesses in America: High-Growth Disparity

Black businesses are the fastest-growing population of new ventures in America. The problem is the alarming disproportion of these companies achieving high-level success compared to White companies. Specifically, this study investigated Black male business owners and barriers inhibiting their ability to sustain, thrive, and become financially viable. These companies are relevant to society because they can create jobs, deliver niche products to mass markets, contribute to their communities, bridge the wealth gap, and stimulate the economy. 200 Black male entrepreneurs working full-time in their ventures were the sample. Instrumentation was an open-ended survey, and the applied framework was empirical probability.