5 Characteristics That Make Latinos So Good At Building Businesses

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The Latino market in the United States is predicted to become a full trillion dollar industry in a decade or less. Even when the 2010 census is now outdated, it still shows a significant amount of Latino-owned businesses (LOBs) across the different states, and are expected to increase in the upcoming statistics report.

Many business articles are now starting to notice their growth. But what makes the Latinos and other Hispanics in America great business people? Here are just five reasons why.

Familial Intimacy

Latinos are known for their share of familial love, which comes across in their businesses culture.

Recent studies on why LOBs are growing within the country pointed out that Latinos were primarily moved by their families to start a business -perhaps, something to pass on as an inheritance. In some ways, starting and keeping businesses are part of their upbringing. The Hispanic culture rears members of the family to grow up as employers rather than employees.

Resource Mobilization

While Hispanic entrepreneurs cater to Latinos and non-Latino customers, they tend to get supplies and human resource from their coethnics as much as possible. This practice shows the familial love inherent to Latinos, which even extend to the members of their race.

They use their Hispanic network to start and run their business. These people invest in other people within their race or demographic. Hence, it is easier for them to form a trusted network of suppliers, contractors, employees, and business partners.

Life and Work Balance

Latinos establish an intimate personal connection with colleagues, and would even spend time in small talks after work hours. They make sure they create harmonious relationships in their work areas, but also make an effort to build friendships outside of work.

Hispanics are family-oriented, which means they make sure they spend time with their loved ones as much as possible.

Persistence

Hispanics rarely back down. Persistence is an important virtue that can bring food to their families’ mouths. Their culture has taught them how to find ways to make a living. If declined from employment or an opportunity, they start their own with their means.

Whatever their status in life is, tenacity is their gift. Nothing can stop them from being successful – education, talent, skills compare little to the Latino determination.

Social Media and Internet

Hispanics are very active on the social media, as their ways of embracing technology and marketing strategies. They find it as an important medium to reach out different demographics, Latinos and non-Latinos alike.

Business owners go all out on Facebook, Twitter, Instagram, and other platforms to promote their business, whatever their business is. For B2B markets, Latinos rely on their LinkedIn accounts, too. While Hispanic small business owners do not necessarily create a website, they get their business listings online.

These are just five reasons why Hispanics in the US, and across the globe, are starting to dominate the business markets. They never stop, and even if they do, they’ll make sure their family or coethnics take over what they have started.

The 4 most physically active communities in the United States

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Where you live and how you live can play a significant role in your overall health. If fitness and health are vital to living a long, healthy lifestyle – perhaps moving is an option. With plenty of nutritious eateries, green space, and activities – it’s no wonder where these are the four most physically active communities in the United States.

#4 Portland, Oregon

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Portland has recently experienced a boost in the population as the city is known for its laid-back attitude and rural surroundings. With a high-ratio of parks that are available to residents, there is also easy access to both coast and mountains that make the area ideal for outdoor activities and fun.

There is a dozen of reasons why Portland includes in our list of top four most physically active communities in America. This accounts for the quality of air, bike and pedestrian friendliness, obesity rates, well-being and other factors.

The residents of Portland are known to be more of the “outdoorsy” type and they understand how Bio X4 benefits the body. Despite the damp climate that appears nearly 164 days out of the year, to them, there are no such things as inclement weather. The mild, soggy weather is assumed to play a significant role in the city’s physically fitness. Its rainy reputation is quickly dissolved as Portlanders are more concerned with snowy winters and warm summers. This means they can play outside all day throughout the entire year.

Portland is known considered as a cycling paradise with its relatively flat terrain and mild year-round temperatures. You will notice more people traveling on bikes than anywhere else in the United States. The neighborhoods are mainly located within a 20-minute walk from the local shops, markets, parks, and schools. These friendly trips don’t even require cars, which makes it all the more opportunity for citizens to simply walk to the store.

#3 Boston, Massachusetts

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The city of Boston contains nearly 50 miles of bike paths located all over town. More Bostonians are now switching to two wheels instead of four. Boston also has some of the best hospitals and research facilities in the country along with the highest percentage of health care coverage. Boston is known to organize local charity races as you will always find some event that raises funds for various charities from the Boys & Girls Clubs to cancer research.

You can find many of the city’s main attractions outside of town, including the Boston Common and Public Garden, Esplanade, Castle Island, and the Freedom Trail. Boston has a variety of farms located less than 30 minutes away – which provides healthy and delicious produce for the locals.

#2 Washington D.C.

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While Washington D.C. lost its number one spot to Minneapolis, the city is known for many of its parks and population that takes great care of themselves. Expect to see Washington D.C.’s national mall to be packed with people exercising on the daily. The city has some of the best parks in the country – making it easy to see why locals love to exercise.

With a full 80% of citizens who said they exercise, the nation’s capital contains a diverse park system that provides residents with enough space to run play and exercise.

#1 Minneapolis, Minnesota

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What makes Minneapolis the number one most physically active community in the entire U.S. is how residents are more active than any other city in the country. The residents seem to be quite a busy bunch as more than half of the city exercises. With an estimate of 86% of citizens reporting to how completed some exercise at least 30 minutes a day.

The residents of Twin City can definitely give us some tips and advice as they claim to have the lowest rate of asthma and heart disease. The city was built around the park system, according to Jayne Miller, superintendent of the Minneapolis Park and Recreation Board. The benefit of the parks is the contribution plays in building relationships even people and nature as well as improving physical fitness in a free and enjoyable place.

Minneapolis may be called the “land of 10,000 lakes,” but everyone says there’s as many as 12,000 – approximately 11,842 statewide.

Another reason why Minneapolis is one of the healthiest places to live is the state-wide ban on smoking since 2007. This means you shouldn’t expect to see anyone smoking in public areas.

So what do you think about these top four most physically active communities in the United States? Comment below and tell us what you think!