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PragerU: Five-Minute Videos

Want a Revolution? Start a Business.

PragerU: Five-Minute Videos

PragerU

Non-profit, Self-improvement, Education, Business, History

4.76.8K Ratings

🗓️ 5 June 2023

⏱️ 6 minutes

🧾️ Download transcript

Summary

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.

Transcript

Click on a timestamp to play from that location

0:00.0

I recently came across a book for great schoolers titled Silvi and Marsha Started Revolution.

0:08.2

The moral of the story is this, minority kids should pursue social activism actually

0:13.6

a revolution to make America a better place.

0:17.7

That's almost the conventional wisdom now, but it's completely backwards.

0:22.6

If you want to make America a better place for everyone, especially for minorities, forget

0:27.6

social activism, instead start a business.

0:31.8

Starting a business is the real revolutionary act that minorities can take to empower themselves

0:37.2

and their communities.

0:39.3

Small business owners achieve something no social activist, revolutionary or politician

0:44.3

ever could.

0:45.5

They create jobs, not only for themselves, but for millions of others.

0:50.6

The United States is home to 33 million small businesses.

0:55.0

These businesses generate two thirds of all new jobs, driving employment, innovation and

1:00.1

economic growth.

1:01.6

You could say that small business owners are modern day alchemists, but unlike alchemists

1:07.3

who try to turn lead into gold, small business owners really do make something from nothing.

1:14.0

They create value where it didn't exist before and the economic impact of this alchemy

1:20.0

reverberates throughout their communities and beyond.

1:24.4

So who are these small business owners?

1:26.9

They are disproportionately minorities.

1:29.7

In fact, relative to their population, minorities start businesses more often than their

1:35.0

white counterparts.

...

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