Immigrants Rule

The proportion of small businesses owned by immigrants is growing. The percentage of businesses owned by immigrants is twice as large as the percentage of immigrants in the population:

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Of course, this is caused, in part, by the reluctance to hire immigrants on the part of employers. But immigrants end up with greater independence as a result, which is good.

10 thoughts on “Immigrants Rule

        1. Have you noticed a sudden increase in weirdness in online comments? They always existed but I’m seeing a deluge right now. It’s like something is seriously messing with people’s heads more than normally.

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          1. I also noticed it. Suddenly people are going “the feminazis are attacking us!” Of course it was due to my having spare time that I engaged with the lower ranks. I do believe “da devil” might behind this, making work for my idle hands!

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  1. Of course, this is caused, in part, by the reluctance to hire immigrants on the part of employers. But immigrants end up with greater independence as a result, which is good.

    Where did you get that graphic and what country does it reference? It’s not just that though. Those businesses types listed are INCREDIBLE 365 day a year slogs that you often end up working yourself doing the day to day. They are steady at best, not glamorous and have low margins. None of that is appealing to people who can “network” (how I loathe that word with the fire of ten thousand suns) and who can get good jobs with benefits and vacation easily and get promoted as of course. The people who can do that only think of businesses being easy money where they lord over others — iow rent seeking ventures.

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    1. “None of that is appealing to people who can “network” (how I loathe that word with the fire of ten thousand suns) and who can get good jobs with benefits and vacation easily and get promoted as of course.”

      • I’m seriously the last person in the world who would find this convincing. You do know what my family members do, right? 🙂 🙂 For instance, my sister who abandoned a job in a large corporation with an enormous salary and wonderful benefits to start her own business where she does nothing but network. And so did her business partner. I also have a father with his own small business. And my cousin left his job at a huge corporation a couple of months ago to start his own business. Or my friend who quit academia to start her own business. All of these people are obviously immigrants and I have dozens of other stories like these. All of these people are ecstatically happy in their professional lives.

      The information is from WSJ.

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      1. I’m seriously the last person in the world who would find this convincing. You do know what my family members do, right? 🙂 🙂 For instance, my sister who abandoned a job in a large corporation with an enormous salary and wonderful benefits to start her own business where she does nothing but network. And so did her business partner. I also have a father with his own small business. And my cousin left his job at a huge corporation a couple of months ago to start his own business. Or my friend who quit academia to start her own business. All of these people are obviously immigrants and I have dozens of other stories like these. All of these people are ecstatically happy in their professional lives.

        Again, look at the entirety of my comment above. I was talking about the types of businesses in the chart, not any businesses. Do any of those businesses of your sister and dad and your academic friend fall into the categories in the chart? Those businesses listed above in the chart are not networking heavy businesses.

        In general, though, 1st generation immigrants are less risk averse than other people in part because of temperament and in part because of necessity. Even with white collar jobs I notice ceilings. For example the lawyer who consistently rain-makes, or the doctor who brings in business is less likely to be made partner in the practice. The IT engineer who programs brilliant software and has the people skills but is not “management material”. They will make a lot of money but then get fed up and open their own businesses.

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        1. “In general, though, 1st generation immigrants are less risk averse than other people in part because of temperament and in part because of necessity.”

          • I’m now completely confused because I’ve been told many times that 1st generation immigrants are children of immigrants.

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