Formation Ventures

Social capital plays a crucial role in entrepreneurship by providing entrepreneurs with the networks, relationships, and resources necessary to succeed. For entrepreneurs, social capital can significantly impact the ability to start, sustain, and grow a business. Authors of a recent research article called "Social Capital and Success of Minority Entrepreneurs" confirmed that “the accumulation and activation of social capital has been identified as one of the key factors in successful entrepreneurship. Source: https://lnkd.in/gyaTHbZR

Who you know is just as important as what you know. A wealth of data supports the profound impact human networks have on professional success. Experts estimate that at least 50% of jobs are filled through a personal network connection, and job seekers are more likely to receive job offers through social connections. Your network is your net worth.

Social capital is the currency of human networks; it is the value obtained from human interaction, and it generates information, innovative ideas, and future opportunities. Share this post with your network, colleagues and friends.

LinkedIn recently released a new report that found 77% of Black professionals aspire to be an entrepreneur or to start their own business in the next year. The aspiration among Black professionals to engage in entrepreneurship presents a tremendous opportunity for economic growth and innovation. At Formation Ventures, we support these emerging entrepreneurs, working to dismantle barriers and provide resources that foster success. Our goal is to empower individual entrepreneurs but also contribute to a more diverse and vibrant economy.

Black emerging entrepreneurs can accelerate their future success by turning their vision into wealth-building ventures. https://formation.ventures

We are Formation Ventures. You've gotta move like everything is working out in your favor. Because it is. Browse our feed and stay tuned for entrepreneurial tips, resources, and news.

Ready to take your venture idea to the next level? Our self-paced online learning experiences are fun, action-oriented, and purpose-based, just like being an entrepreneur! https://formation.ventures

The rise of the creator economy makes it easier for Gen Z to try out entrepreneurship. At Formation Ventures, future entrepreneurs can workshop business ideas with peer mentors. Our peer mentors meet you where you are and support you in becoming a successful entrepreneur, wherever you are on your journey. Want to learn more. Click the link below. https://lnkd.in/gdhgA4C5 #findconfidence #startupventure #entrepreneurialjourney

Members of Gen Z were born in an age when the internet was an everyday part of life, making them the real ‘digital natives’. Media and technology have significantly accelerated social interaction and cultural exchange in the world around us. Future entrepreneurs, how has the internet and social media affected how you intend to do business? https://lnkd.in/gdhgA4C5

Congratulations to our CEO, Saamra Mekuria-Grillo for being selected to join the Highland Project's coalition of leaders, focused on creating and sustaining multi-generational wealth and structural change in our communities! #thehighlandproject #signingday