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There are grave imbalances that dictate failure for minority-owned businesses. Finding solutions is a formidable call to action, I know, but it’s one that is critical to the new Americandream.
Every statistic on the subject of entrepreneurship says that I am likely to fail on the secondAmerican dream. This is because as a woman of color, my ability to secure funding is severely hindered by the startup system.
While I was working in finance and IT, I lived in Harlem for a few years and engaged in the community as a volunteer teacher. My time there contrasted with my childhood, during which I was fortunate to always have access to good food. I saw that a household lack of quality food has far-reaching effects, and I wanted to do something to make the situation better formy neighbors. I started with small solutions, like petitioning for a community garden.
When my efforts failed to make any meaningful change, I thought about another approach. I knew I had the potential to head a successful company. So, I took a huge risk and quit my job to start Re-Nuble, which is a startup aiming to disrupt the food system and bring more affordable organic produce to everyone. Thus I started on the second American dream — start your own business.