Ep. 143 - The Investment Gap: Coaching, Culture, and Women of Color Entrepreneurs

Why does women of color, first gen entrepreneurs struggle with investing in themselves? I'm diving into this vulnerably and transparently with you. Here's what I'm covering:Wells Fargo: Between 2019 and 2024, the revenue growth of Asian women-owned businesses was 20.6%, which lagged behind the revenue growth of all women-owned businesses (38.3%) and Asian men-owned businesses (24.8%).Women in Business Stats:  Revenue Trends for Women of Color: Black women-owned businesses average $24,000 annually. Latina-owned businesses are also reported to generate lower revenues compared to non-Hispanic white women-owned businesses.Systemic Barriers: Generational wealth gap Lack of Diversity: We need a coach that looks like us and can empathize with us.First Gen Barriers: Lack of networks and mentors, culturally conditioned to be risk averse and generational trauma the perpetuates scarcity mindsetLuxury vs. NecessityThank you for listening in as I share my experiences with you. I'd love to hear how this episode landed with you as well. Send me a message on LinkedIn.