Black Millennials Are Way More Financially Savvy Than You Think
More black Millennials are starting to consider opening up a small business, and there is currently a big shift in the way that this demographic is viewing alternative financing, according to a survey from financial lender Merchant Cash USA.
Media Post reported that Millennials have a strong interest in pursuing careers as entrepreneurs, but black Millennials in particular are beginning to dominate the world of startups.
Data from the Pew Research Center suggests that there are just over 75 million Millennials in the U.S. today. While 40% of this group identifies as something other than white, 13% identify as black. This means that there are around nine million Millennials in the U.S. who identify as black, and millions more who identify as another mixed race.
Even with immense ta...