Helping disadvantaged entrepreneurs succeed

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Not every business has a big name or trades on a stock exchange − in fact, many small enterprises are run by people in poverty, according to Notre Dame entrepreneurship expert Michael H. Morris. But while these businesses may not have huge profit margins, they play an outsized role in economic mobility and growth.

Morris, whose work on entrepreneurship has taken him from South Bend, Indiana, to South Africa, says that myths about business and poverty too often hold disadvantaged entrepreneurs back. Both in the U.S. and globally, it turns out, “the business community” is more economically diverse than many people realize.

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Tracy Walsh

Economy + Business Editor

An unregistered backyard laundry service in Kathmandu, Nepal. Jonas Gratzer/LightRocket via Getty Images

Poor people are business owners, too – but myths around poverty and entrepreneurship hold them back

Michael H. Morris, University of Notre Dame

A poverty expert debunks the false narratives that hold back disadvantaged entrepreneurs.

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