Being an entrepreneur is a dream that many people have, but not everyone can achieve. To fulfill your aspirations, it is important to take concrete steps towards your goals. The journey to becoming a successful entrepreneur requires hard work, dedication, and perseverance. Listed below are six specific steps that aspiring entrepreneurs can take to work towards fulfilling their goals.

1.     The first step towards becoming a successful entrepreneur is to develop a skill set that is relevant to your field of interest. This involves gaining knowledge about your industry, understanding your target market, and acquiring technical skills. You can develop your skill set by reading books, attending seminars, taking online courses, or working with experienced professionals. It is important to focus on continuous learning to stay updated with the latest trends and developments in your industry.

2.     Experience is an asset for any entrepreneur. It is important to gain experience in your industry by working for other businesses or starting small projects. This will give you a better understanding of the challenges and opportunities that exist in your industry. You can also volunteer your time for non-profit organizations to gain experience in areas such as management, marketing, or finance.

3.     Entrepreneurship requires constant self-education. You need to stay up to date with the latest trends and developments in your industry, as well as new technologies and tools that can help you improve your business. You can read books, watch videos, attend seminars, or take online courses to improve your knowledge and skills.

4.     Networking is an essential part of entrepreneurship. You need to develop contacts with people in your industry, such as suppliers, customers, and other entrepreneurs. This will help you stay informed about the latest developments and opportunities in your industry. You can attend conferences, trade shows, and other industry events to meet new people and develop your network.

5.     Building a network of contacts is important, but it is equally important to maintain those relationships. You can do this by staying in touch with your contacts, sharing information, and helping each other out whenever possible. This will help you build a reputation as a trustworthy and reliable businessperson, which will make it easier for you to raise funds or find new customers.

6.     And of course, starting a business requires capital, and as an aspiring entrepreneur, you need to have a plan for raising funds. There are several ways to raise capital, such as applying for a loan, seeking investment from venture capitalists, crowdfunding, or bootstrapping. Each method has its own advantages and disadvantages, and you should choose the one that is most suitable for your business idea.

“The way to get started is to quit talking and begin doing.” – Walt Disney

In conclusion, becoming a successful entrepreneur requires hard work, dedication, and perseverance. By developing your skill set, accumulating experience, self-education, developing contacts, building a network, and raising capital you can take concrete steps towards fulfilling your goals. Remember, success is not achieved overnight, but with persistence and determination, you can achieve your dreams of becoming a successful entrepreneur.

Taking the Leap: The Basics of Becoming an Entrepreneur

How To Become an Entrepreneur?

10 Things You Must Do Before Becoming an Entrepreneur

Inflation & Recession Concerns?

The future may be a bit bumpy. Knowing who to turn to and when to turn to for guidance and help is important. Having resources at your disposal is also important. So, if you hit a wall, for whatever reason, please feel free to reach out to me for assistance or even if you just need someone to talk to. Please do not hesitate.

You can reach me via a LinkedIn message, by email to paul@acceler8Success.com, and by phone or text at (832) 797-9851.

Learn more about Acceler8Success Group at Acceler8Success.com. Also, please visit two of our additional resource sites: Entrepreneurship411.com and OwnABizness.com.

Make it a great day. Make it happen. Make it count!

All my best,

Paul Segreto, CEO & Founder, Acceler8Success Group

Religion has been a significant part of human history, influencing individuals and societies in different ways. For entrepreneurs, religion can play an essential role in shaping their attitudes towards business, decision-making, and overall life philosophy. So, how does religion impact the lives of entrepreneurs?

One of the most apparent ways entrepreneurs may be affected by religion is through values and beliefs. Many religions have specific teachings and values that emphasize the importance of honesty, integrity, and social responsibility. These values can shape the way entrepreneurs conduct their business and make decisions.

Religion can also provide entrepreneurs with a sense of purpose and meaning beyond their business endeavors. Many religious beliefs emphasize the importance of serving others and making a positive impact on the world. For entrepreneurs who subscribe to these beliefs, their business can be a means of fulfilling their religious obligations by creating jobs, contributing to the economy, and making a difference in their communities.

Additionally, religion can provide entrepreneurs with a support system and a sense of community. Many religious communities have close-knit networks that offer support, guidance, and mentorship to their members. Entrepreneurs can tap into these networks for advice, resources, and connections, which can be invaluable in starting and growing a business.

Religion can also help entrepreneurs navigate the challenges of entrepreneurship, such as uncertainty, failure, and stress. Many religions offer practices and rituals that can help individuals cope with difficult situations, such as prayer, meditation, or mindfulness. These practices can help entrepreneurs maintain a positive mindset and reduce stress, which can be critical for their success in the long run.

However, it is also important to note that religion can also pose challenges for entrepreneurs. For example, some religious beliefs may discourage or prohibit certain business practices, such as working on certain days of the week or dealing with certain types of products or services. Religious entrepreneurs may need to navigate these conflicts between their beliefs and their business goals, which can be a challenging balancing act.

In conclusion, religion can play a significant role in the lives of entrepreneurs, shaping their values, beliefs, and overall approach to business and life. While religion can offer numerous benefits, such as providing a sense of purpose, community, and support, entrepreneurs must also be aware of the potential conflicts between their beliefs and their business goals. By navigating these challenges and leveraging the benefits of their religious beliefs, entrepreneurs can create successful businesses that align with their values and make a positive impact on the world.

“Please give me the strength I need to succeed in business. Bless my work with prosperity for my good and for your glory. May the love of the Father, the tenderness of the Son, and the presence of the Spirit, gladden my heart and bring peace to my soul, today and for all days.” – Business Success Prayer

Three Ways Religion Can Influence Entrepreneurial Success

Entrepreneurs Feel Closer to God Than the Rest of Us Do

The Power of Prayer for Business

Inflation & Recession Concerns?

The future may be a bit bumpy. Knowing who to turn to and when to turn to for guidance and help is important. Having resources at your disposal is also important. So, if you hit a wall, for whatever reason, please feel free to reach out to me for assistance or even if you just need someone to talk to. Please do not hesitate.

You can reach me via a LinkedIn message, by email to paul@acceler8Success.com, and by phone or text at (832) 797-9851.

Learn more about Acceler8Success Group at Acceler8Success.com. Also, please visit two of our additional resource sites: Entrepreneurship411.com and OwnABizness.com.

Make it a great day. Make it happen. Make it count!

All my best,

Paul Segreto, CEO & Founder, Acceler8Success Group

Immigrant entrepreneurship is a significant contributor to economic growth in many countries, including the United States. Latin American immigrants have been an essential part of the entrepreneurial ecosystem in the United States. Let’s examine the characteristics of immigrant entrepreneurs from Latin America, highlighting the differences between individuals from Mexico, South America, and the Caribbean.

According to the Kauffman Index of Startup Activity, the rate of entrepreneurship among immigrant Latinos in the United States is 0.53% per month, which is higher than that of non-immigrant Latinos (0.37%) and non-Latino immigrants (0.28%). This indicates that immigrant Latinos are more likely to start their own businesses.

Mexico is the largest source of Latin American immigrants in the United States, with an estimated 11.2 million immigrants in 2020. Mexican immigrant entrepreneurs have been essential in the growth of the small business sector in the United States, particularly in industries such as construction, retail, and food services.

The language barrier is often a challenge for Mexican immigrant entrepreneurs, as many speak Spanish as their primary language. However, some entrepreneurs have overcome this barrier by hiring bilingual employees or learning English themselves.

South American countries, such as Colombia, Peru, and Ecuador, have seen a significant increase in the number of immigrants coming to the United States in recent years. These immigrants have brought with them an entrepreneurial spirit, with many starting businesses in the retail, hospitality, and construction industries.

One significant difference between South American immigrant entrepreneurs and those from Mexico is the language barrier. While Spanish is the primary language for many immigrants from both regions, South American countries also have a significant number of Portuguese speakers, particularly from Brazil.

The Caribbean is home to several countries that have sent significant numbers of immigrants to the United States, including the Dominican Republic, Cuba, and Jamaica. Caribbean immigrants have made significant contributions to the U.S. economy, particularly in the hospitality, healthcare, and transportation industries.

One notable difference between Caribbean immigrant entrepreneurs and those from Mexico and South America is their cultural influence. Caribbean immigrants often bring with them their unique cultural traditions, which can be seen in the food, music, and art in their businesses.

In conclusion, Latin American immigrant entrepreneurs have been vital to the growth of the U.S. economy, particularly in the small business sector. While there are some differences between immigrant entrepreneurs from Mexico, South America, and the Caribbean, such as language and cultural influences, they all share a common drive to succeed in their business ventures. Policymakers should continue to support and encourage immigrant entrepreneurship as it is essential to the country’s economic growth and development.

Understanding the Terminology

The terms “Hispanic” and “Latino” are often used interchangeably, but they have different meanings.

Hispanic refers to people who are descendants of Spanish-speaking countries, including Spain and countries in Latin America, such as Mexico, Puerto Rico, Cuba, and others. It also includes people from Spain itself, regardless of race or ethnicity.

Latino refers to people from Latin America, including countries where Spanish, Portuguese, or French is spoken. This includes countries like Mexico, Brazil, and Haiti. The term “Latino” is often used to refer to people with cultural or ancestral ties to Latin America, regardless of their race or ethnicity.

While there is some overlap between the two terms, Hispanic refers specifically to people with a connection to Spanish-speaking countries, while Latino is a broader term that encompasses all countries in Latin America. It’s important to note that not all people from Latin America are Hispanic, and not all Hispanics are from Latin America. For example, people from Spain are considered Hispanic, but not Latino.

Acceler8Success Group Immigrant Business Services

Aligned with all aspects of Acceler8Success Group comprehensive services & resources is a select team of highly experienced multi-lingual business development professionals led by Acceler8Success Group president, Erik Premont.

Erik’s proficiency in French, Spanish and Portuguese is an asset in assisting immigrants from Canada, Latin America, and various European countries. Also conversant in Italian, German and Russian, and with even a slight understanding of other languages and cultures, Erik has helped immigrants from all corners of the world explore business ownership and franchise opportunities within the United States.

For more information or a referral to an Immigration Attorney, please reach out directly to Erik Premont at erik@acceler8success.com.

Ask Erik about the Hispanic Entrepreneur Initiative.

Inflation & Recession Concerns?

The future may be a bit bumpy. Knowing who to turn to and when to turn to for guidance and help is important. Having resources at your disposal is also important. So, if you hit a wall, for whatever reason, please feel free to reach out to me for assistance or even if you just need someone to talk to. Please do not hesitate.

You can reach me via a LinkedIn message, by email to paul@acceler8Success.com, and by phone or text at (832) 797-9851.

Learn more about Acceler8Success Group at Acceler8Success.com. Also, please visit two of our additional resource sites: Entrepreneurship411.com and OwnABizness.com.

Make it a great day. Make it happen. Make it count!

All my best,

Paul Segreto, CEO & Founder, Acceler8Success Group

The United States has been a magnet for immigrants from all over the world for many decades. One of the reasons is that the U.S. has an incredibly diverse economy that provides countless opportunities for people to start businesses and create jobs. The U.S. government recognizes this and offers various immigration programs that allow current and aspiring entrepreneurs to enter the country and contribute to the American economy. Listed below are some of those programs:

EB-5 Immigrant Investor Program: The EB-5 program is a popular immigration option for individuals who want to invest in the U.S. economy. This program requires a minimum investment of $900,000 (or $1.8 million for a regular investment) in a new or existing business that will create at least ten full-time jobs for U.S. workers. The investor must also prove that the investment is coming from legal sources. The EB-5 program offers a path to permanent residency and citizenship for the investor and their family members.

E-2 Treaty Investor Visa: The E-2 visa is available to individuals from countries that have a treaty of commerce and navigation with the United States. This program requires a substantial investment in a U.S. business, typically between $50,000 and $100,000, and the individual must own at least 50% of the business. The E-2 visa is a non-immigrant visa, which means that it does not provide a direct path to permanent residency, but it can be renewed indefinitely if the business remains in operation.

L-1 Intracompany Transfer Visa: The L-1 visa is available to entrepreneurs who already own a business outside of the U.S. and wish to expand their operations to the United States. This program requires the entrepreneur to have worked for the foreign business for at least one year as a manager or executive. The L-1 visa allows the entrepreneur to transfer to a U.S. subsidiary or branch of their foreign business and stay in the U.S. for up to seven years. The L-1 visa does not provide a direct path to permanent residency, but it can lead to an EB-1C visa, which is a green card option for multinational executives and managers.

O-1 Visa: The O-1 visa is available to individuals who possess extraordinary ability in their field of expertise. This program requires the entrepreneur to have a demonstrated record of extraordinary achievement in their field, such as receiving awards, recognition, or publications. The O-1 visa is a non-immigrant visa, but it can be extended indefinitely, and the individual may be able to apply for a green card in the future.

National Interest Waiver (NIW): The NIW program is available to individuals who can demonstrate that their business will benefit the U.S. national interest. This program requires the individual to have a business plan that outlines how their business will create jobs, improve the economy, or contribute to U.S. innovation. The individual must also demonstrate that they have the necessary qualifications and experience to run the business. The NIW program is a green card option, which means that it provides a direct path to permanent residency.

Read about Startup and Entrepreneur Visas by Country HERE.

In addition to the programs mentioned above, there are also other programs such as the H-1B visa, which is available for foreign workers with specialized skills and knowledge, and the E-1 visa, which is available to entrepreneurs who engage in substantial trade between their home country and the United States.

It is important to note that the immigration process can be complex, and it is highly recommended to seek the advice of an experienced immigration attorney. They can help navigate the process and ensure that all requirements are met, which can increase the chances of a successful application.

Moreover, it is also essential to consider the different states and cities in the United States that offer incentives and support for immigrant entrepreneurs. For example, cities like New York, San Francisco, and Boston have thriving startup ecosystems and provide resources such as mentorship programs, incubators, and funding opportunities. Various states also have their own visa programs, such as the Massachusetts Global Entrepreneur in Residence program, which is designed to help individuals start and grow businesses in Massachusetts.

In conclusion, the United States offers several immigration programs for current and aspiring entrepreneurs to enter and contribute to the American economy. These programs have different requirements and benefits, and it is essential to consider all options carefully and seek the advice of an experienced immigration attorney. Additionally, individuals should also consider the various resources and support available in different states and cities in the United States to help them start and grow successful businesses.

Immigration is pure entrepreneurship. You leave behind everything familiar to start somewhere new. You must acquire skills. You will have to improvise on occasion. It’s a bold proposition. – Reid Hoffman, American Internet Entrepreneur

Understanding the Terminology

The terminology used to refer to current and aspiring entrepreneurs from other countries can vary depending on the context and purpose of the communication. However, here are some general guidelines that may be useful:

• “Foreign entrepreneurs” is a common term used to refer to entrepreneurs who come from another country and establish a business in a new country. This term emphasizes the fact that the entrepreneur is not a citizen or resident of the country where the business is located.
• “International entrepreneurs” is another term that can be used to refer to entrepreneurs who operate businesses across national borders. This term emphasizes the global nature of the entrepreneur’s business activities.
• “Immigrant entrepreneurs” specifically refers to individuals who have migrated to a new country and established a business there. This term emphasizes the fact that the individual is an immigrant to the new country.

Ultimately, the choice of terminology may depend on the specific context and the intended audience of the communication. It is important to use language that is respectful and accurate, and that avoids stereotypes or assumptions about the individual’s background or abilities.

Acceler8Success Group Immigrant Business Services

Aligned with all aspects of Acceler8Success Group comprehensive services & resources is a select team of highly experienced multi-lingual business development professionals led by Acceler8Success Group president, Erik Premont.

Erik’s proficiency in French, Spanish and Portuguese is an asset in assisting immigrants from Canada, Latin America, and various European countries. Also conversant in Italian, German and Russian, and with even a slight understanding of other languages and cultures, Erik has helped immigrants from all corners of the world explore business ownership and franchise opportunities within the United States.

For more information or a referral to an Immigration Attorney, please reach out directly to Erik Premont at erik@acceler8success.com.

Ask Erik about the Hispanic Entrepreneur Initiative.

Inflation & Recession Concerns?

The future may be a bit bumpy. Knowing who to turn to and when to turn to for guidance and help is important. Having resources at your disposal is also important. So, if you hit a wall, for whatever reason, please feel free to reach out to me for assistance or even if you just need someone to talk to. Please do not hesitate.

You can reach me via a LinkedIn message, by email to paul@acceler8Success.com, and by phone or text at (832) 797-9851.

Learn more about Acceler8Success Group at Acceler8Success.com. Also, please visit two of our additional resource sites: Entrepreneurship411.com and OwnABizness.com.

Make it a great day. Make it happen. Make it count!

All my best,

Paul Segreto, CEO & Founder, Acceler8Success Group

According to a report by the National Foundation for American Policy, most immigrant entrepreneurs in the United States come from Asia, with India and China being the top two countries of origin.

Here are statistics on the top countries of origin for immigrant entrepreneurs in the U.S.:

India: Indian immigrants have founded more companies in the United States than immigrants from any other country. According to a report by the Kauffman Foundation, Indian immigrants founded 16% of all immigrant-founded startups between 2006 and 2012.

China: Chinese immigrants are the second-largest group of immigrant entrepreneurs in the U.S., with a significant presence in the technology and engineering sectors.

Korea: Korean immigrants are another significant group of entrepreneurs in the U.S., with a strong presence in the technology and manufacturing sectors.

Vietnam: Vietnamese immigrants are a growing group of entrepreneurs in the U.S., with a particular focus on the restaurant and hospitality industries. According to the report, Vietnamese immigrants are another large group of Asian immigrants in the U.S.

“Immigrants found more firms in every bucket. They create more firms, they create more small firms, they create more medium-size firms, they create more large firms. It’s not the case that immigrants only create growth-oriented startups. It’s not the case they just create subsistence businesses. They create all kinds of businesses, and they create a lot of them.” – Pierre Azoulay, an economist at the MIT Sloan School of Management

In addition, the report also cites Canada and the Middle East as having large groups of immigrant entrepreneurs in the United States.

Canada: Although often overlooked, Canadian immigrants are also a significant group of entrepreneurs in the U.S., with a particular focus on software development and biotechnology.

Middle East: Immigrants from various Middle Eastern countries, including Israel, Turkey, Iran, and Lebanon, are also a significant group of entrepreneurs in the U.S. According to the report, Middle Eastern immigrants are particularly active in the healthcare and technology sectors, and have a strong presence in states like California, New York, and Texas.

Overall, immigrant entrepreneurs from these countries and regions are an essential driving force behind the growth of startups and small businesses in the United States.

Research: Why Immigrants Are More Likely to Become Entrepreneurs

New American Fortune 500 Report Reveals Impact of Immigrant Entrepreneurship

Acceler8Success Group Immigrant Business Services

Aligned with all aspects of Acceler8Success Group comprehensive services & resources is a select team of highly experienced multi-lingual business development professionals led by Acceler8Success Group president, Erik Premont.

Erik’s proficiency in French, Spanish and Portuguese is an asset in assisting immigrants from Canada, Latin America, and various European countries. Also conversant in Italian, German and Russian, and with even a slight understanding of other languages and cultures, Erik has helped immigrants from all corners of the world explore business ownership and franchise opportunities within the United States.

For more information or a referral to an Immigration Attorney, please reach out directly to Erik Premont at erik@acceler8success.com.

Ask Erik about the Hispanic Entrepreneur Initiative.

Inflation & Recession Concerns?

The future may be a bit bumpy. Knowing who to turn to and when to turn to for guidance and help is important. Having resources at your disposal is also important. So, if you hit a wall, for whatever reason, please feel free to reach out to me for assistance or even if you just need someone to talk to. Please do not hesitate.

You can reach me via a LinkedIn message, by email to paul@acceler8Success.com, and by phone or text at (832) 797-9851.

Learn more about Acceler8Success Group at Acceler8Success.com. Also, please visit two of our additional resource sites: Entrepreneurship411.com and OwnABizness.com.

Make it a great day. Make it happen. Make it count!

All my best,

Paul Segreto, CEO & Founder, Acceler8Success Group

Franchising offers a unique opportunity for immigrant entrepreneurs to start their own business with the support of an established brand and business model. However, to attract immigrant entrepreneurs to franchise opportunities, franchise organizations need to take a tailored approach that addresses their unique needs and challenges.

One of the most significant challenges that immigrant entrepreneurs face is the language barrier. For many, English may not be their first language, which can make it difficult to communicate with customers, suppliers, and employees. To overcome this challenge, franchise organizations can provide multilingual support, including training materials, support staff, and customer service. By offering support in the entrepreneur’s native language, franchise organizations can make the process of starting a franchise less daunting.

Cultural differences can also be a significant challenge for immigrant entrepreneurs. Franchise organizations can provide cultural sensitivity training to help entrepreneurs understand the local market and navigate cultural differences. This can help them build relationships with potential customers, suppliers, and employees and build a successful business.

Limited access to funding is another challenge that immigrant entrepreneurs can face. Franchise organizations can offer financing options such as loans, grants, or partnerships with lenders to help overcome these barriers. By providing financing options, franchise organizations can help entrepreneurs get their business off the ground and achieve success.

Legal and regulatory compliance is another challenge that immigrant entrepreneurs need to navigate. Franchise organizations can provide support and guidance to help entrepreneurs obtain the necessary permits and licenses to operate a business. This can include legal and regulatory assistance and support in navigating complex local laws and regulations.

Building social networks is essential for business success, and immigrant entrepreneurs may struggle to build relationships with the local business community due to cultural and language barriers. To overcome this challenge, franchise organizations can leverage immigrant networks by partnering with immigrant organizations and community groups to connect with potential franchisees and provide information about franchise opportunities.

Finally, franchise organizations need to foster diversity and inclusion by promoting franchise opportunities to a wide range of candidates, including immigrant entrepreneurs. By promoting diversity and inclusion, franchise organizations can attract a diverse group of franchisees who can bring new perspectives, ideas, and experiences to the brand.

In conclusion, attracting immigrant entrepreneurs to franchise opportunities requires a targeted approach that considers their unique needs and challenges. By providing multilingual support, leveraging immigrant networks, offering financing options, providing cultural sensitivity training, creating a welcoming environment, and fostering diversity and inclusion, franchise organizations can attract a diverse group of franchisees who can bring new perspectives, ideas, and experiences to the brand.

“The opportunities that America offered made the dream real, at least for a good many; but the dream itself was in large part the product of millions of plain people beginning a new life in the conviction that life could indeed be better, and each new wave of immigration rekindled that dream.” – John F. Kennedy

From Immigrant To Franchisee: A Story Of Hard Work And Big Dreams

Acceler8Success Group Immigrant Business Services

Aligned with all aspects of Acceler8Success Group comprehensive services & resources is a select team of highly experienced multi-lingual business development professionals led by Acceler8Success Group president, Erik Premont.

Erik’s proficiency in French, Spanish and Portuguese is an asset in assisting immigrants from Canada, Latin America, and various European countries. Also conversant in Italian, German and Russian, and with even a slight understanding of other languages and cultures, Erik has helped immigrants from all corners of the world explore business ownership and franchise opportunities within the United States.

For more information or a referral to an Immigration Attorney, please reach out directly to Erik Premont at erik@acceler8success.com.

Ask Erik about the Hispanic Entrepreneur Initiative.

Inflation & Recession Concerns?

The future may be a bit bumpy for some, more so for others. Knowing who to turn to and when to turn to for guidance and help is important. Having resources at your disposal is also important. So, if you hit a wall, for whatever reason, please feel free to reach out to me for assistance or even if you just need someone to talk to. Please do not hesitate.

You can reach me via a LinkedIn message, by email to paul@acceler8Success.com, and by phone or text at (832) 797-9851.

Learn more about Acceler8Success Group at Acceler8Success.com. Also, please visit two of our additional resource sites: Entrepreneurship411.com and OwnABizness.com.

Make it a great day. Make it happen. Make it count!

All my best,

Paul Segreto, CEO & Founder, Acceler8Success Group

The International Entrepreneur Rule (IER) is a program established by the United States Citizenship and Immigration Services (USCIS) in 2017. It is designed to provide a pathway for foreign entrepreneurs to enter and remain in the United States to build and grow their startups. The program allows eligible foreign entrepreneurs to establish and grow their businesses in the United States, with the potential to create jobs and generate economic growth.

The IER provides a temporary stay of up to five years, with the possibility of extending it for an additional two years. To be eligible for the program, the entrepreneur must demonstrate that their business has the potential to create jobs for American workers, as well as contribute to the U.S. economy. Here are various specific criteria and requirements for the program:

Ownership Stake and Active Role in Management: To qualify for the IER, the entrepreneur must have a significant ownership stake in the startup, which should be at least 10%. Additionally, they must have an active role in the management of the startup.

Potential for Rapid Growth and Job Creation: The entrepreneur must demonstrate that their startup has the potential for rapid growth and job creation. They must provide a detailed business plan that outlines the growth strategy, including the timeline for achieving milestones, the projected number of jobs created, and the expected impact on the US economy.

Public Benefit: The entrepreneur must also be able to demonstrate that their presence in the United States would provide a significant public benefit. This could be through the creation of jobs, the introduction of modern technologies, or the development of new products or services. The USCIS evaluates the public benefit by considering certain factors, including the potential job creation, the impact on the local economy, and the potential for significant innovation.

Funding and Investment: The entrepreneur must also have secured significant funding or investment from qualified US investors, or have received awards or grants from federal, state, or local government entities.

Background and Character: The entrepreneur must also meet certain background and character requirements, including having a clean criminal record, and not posing a national security risk to the United States.

IER Application Process: To apply for the IER, the entrepreneur must submit Form I-941, Application for Entrepreneur Parole, along with supporting documentation. The USCIS will review the application and supporting documents to determine whether the entrepreneur meets the eligibility criteria for the program.

Upon approval, the entrepreneur will receive a temporary stay in the United States for up to five years. During this time, they can establish and grow their startup, with the possibility of extending their stay for an additional two years. The entrepreneur’s spouse and unmarried children under the age of 21 may also accompany them to the United States.

To summarize, the International Entrepreneur Rule provides a valuable opportunity for foreign entrepreneurs to establish and grow their businesses in the United States, contributing to economic growth and job creation. The program has specific criteria and requirements that entrepreneurs must meet to be eligible, including a significant ownership stake, an active role in management, and the potential for rapid growth and job creation. The entrepreneur must also demonstrate that their presence in the United States would provide a significant public benefit and have secured funding or investment from qualified US investors. With the IER, foreign entrepreneurs can access the highly competitive and lucrative US market, promoting innovation and economic growth.

Resources & Support

The Startup Visa: Key to Job Growth & Economic Prosperity in America

Tahmina Watson strips away the rhetoric and uses her remarkable skills as an immigration attorney to make a compelling argument for how and why U.S. immigration policy is working against our own best interest. And she explores why a bipartisan Startup Visa for foreign entrepreneurs, which the U.S. Congress has repeatedly failed to approve, is now more crucial than ever for securing job growth and economic prosperity in America.

Her insightful book reaches back through the generations to acknowledge immigrants’ contribution to the American economy and offers lively analysis of how, like fitting a square peg into a round hole, existing visa options are not working for the modern entrepreneur.

Regardless of class or status, this book helps us all to understand that immigrants, through hard work and ingenuity, continue to help forge the U.S. economy — creating untold numbers of well-paying American jobs. But as the U.S. fumbles in creating a legal path for them to come and live here, the rest of the world is catching up, embracing the entrepreneurs we are turning away. As a country, we must decide: If we want a future of continued economic prosperity, the Startup Visa is essential for keeping America in this global race.

Order the book from AMAZON.

Acceler8Success Group Immigrant Business Services

Aligned with all aspects of Acceler8Success Group comprehensive services & resources is a select team of highly experienced multi-lingual business development professionals led by Acceler8Success Group president, Erik Premont.

Erik’s proficiency in French, Spanish and Portuguese is an asset in assisting immigrants from Canada, Latin America, and various European countries. Also conversant in Italian, German and Russian, and with even a slight understanding of other languages and cultures, Erik has helped immigrants from all corners of the world explore business ownership and franchise opportunities within the United States.

For more information or a referral to an Immigration Attorney, please reach out directly to Erik Premont at erik@acceler8success.com.

Ask about the Hispanic Entrepreneur Initiative.

Inflation & Recession Concerns?

The future may be a bit bumpy for some, more so for others. Knowing who to turn to and when to turn to for guidance and help is important. Having resources at your disposal is also important. So, if you hit a wall, for whatever reason, please feel free to reach out to me for assistance or even if you just need someone to talk to. Please do not hesitate.

You can reach me via a LinkedIn message, by email to paul@acceler8Success.com, and by phone or text at (832) 797-9851.

Learn more about Acceler8Success Group at Acceler8Success.com. Also, please visit two of our additional resource sites: Entrepreneurship411.com and OwnABizness.com.

Make it a great day. Make it happen. Make it count!

All my best,

Paul Segreto, CEO & Founder, Acceler8Success Group

Immigrant entrepreneurship is a critical component of the United States’ economy, as entrepreneurs from all corners of the world bring unique perspectives, experiences, and skills that drive innovation and growth. While the stereotype may suggest that immigrant entrepreneurs come primarily from south of the U.S. border, the truth is that these entrepreneurs come from all around the globe.

As well, immigrant entrepreneurs from migrant and refugee communities have also contributed significantly to the U.S. economy. They have overcome significant challenges, including language barriers and lack of access to capital, to start successful businesses.

For example, Somali immigrants in Minnesota have started businesses in industries such as transportation, retail, and health care. Syrian refugees in the U.S. have also started successful businesses in the hospitality, retail, and construction industries.

A 2022 study co-authored by Prof. Pierre Azoulay finds that immigrants are 80% more likely to start businesses than people born in the U.S., reports Yasmin Amer for WBUR, a nonprofit news organization. “Immigrants create more firms pretty much in every size bucket,” says Azoulay. “They create more small firms, they create more medium sized firms. They create more firms that will grow up to be very large.”

Startups

Immigrant entrepreneurs are responsible for creating some of the most successful startups in the U.S. market. According to the Kauffman Foundation, more than 40% of Fortune 500 companies were founded by immigrants or their children. Immigrant entrepreneurs have played a significant role in the development of the technology sector, with companies such as Intel, Google, and WhatsApp founded by immigrants.

Business Acquisitions

Immigrant entrepreneurs also acquire existing businesses, which allows them to bypass the early stages of starting a business from scratch. By purchasing an existing business, they gain access to a proven business model, an established customer base, and an existing supply chain. Immigrant entrepreneurs can leverage these assets to scale the business, create jobs, and drive economic growth.

Franchise Investing

Franchise investment is another pathway for immigrant entrepreneurs to make their mark in the U.S. economy. Franchises offer a proven business model, brand recognition, and an established support network, which can help immigrant entrepreneurs overcome the challenges of starting a new business. By investing in a franchise, immigrant entrepreneurs can access an established market with a lower risk profile than starting a new business from scratch.

Immigration Programs

Immigration programs such as the EB-5 visa program allow immigrant entrepreneurs to enter the U.S. market by investing in U.S. businesses. The program requires a minimum investment of $900,000 in a business that creates at least ten jobs for U.S. workers. The program has been successful in attracting foreign investment and creating jobs in the U.S.

Conclusion

Immigrant entrepreneurship is a critical driver of the U.S. economy, with immigrants from all over the world making significant contributions to the development of the U.S. market. Immigrant entrepreneurs have founded some of the most successful startups, acquired existing businesses, and invested in franchises.

Programs such as the EB-5 visa program and since 2017 by a U.S. Federal Court Order, the International Entrepreneur Rule have made it easier for immigrant entrepreneurs to enter the U.S. market and create jobs for U.S. workers. Immigrant entrepreneurs from migrant and refugee communities have also made significant contributions to the U.S. economy.

The success of immigrant entrepreneurs demonstrates the importance of diversity and inclusivity in the U.S. economy, which allows entrepreneurs from all backgrounds to contribute to economic growth and prosperity.

Resources & Support

The American Dream is Alive & Well: Entrepreneurship Opportunities for Immigrants are Available!

Aligned with all aspects of Acceler8Success Group comprehensive services & resources is a select team of highly experienced multi-lingual business development professionals led by Acceler8Success Group president, Erik Premont.

Erik’s proficiency in French, Spanish and Portuguese is a valuable asset in assisting immigrants from Canada, Latin America and various European countries. Also conversant in Italian, German and Russian, and with even a slight understanding of other languages and cultures, Erik has helped immigrants from all corners of the world explore business ownership and franchise opportunities within the United States.

For more information, please reach out directly to Erik Premont at erik@acceler8success.com.

Inflation & Recession Concerns?

The future may be a bit bumpy for some, more so for others. Knowing who to turn to and when to turn to for guidance and help is important. Having resources at your disposal is also important. So, if you hit a wall, for whatever reason, please feel free to reach out to me for assistance or even if you just need someone to talk to. Please do not hesitate.

You can reach me via a LinkedIn message, by email to paul@acceler8Success.com, and by phone or text at (832) 797-9851.

Learn more about Acceler8Success Group at Acceler8Success.com. Also, please visit two of our additional resource sites at Entrepreneurship411.com and OwnABizness.com.

Make it a great day. Make it happen. Make it count!

All my best,

Paul Segreto, CEO & Founder Acceler8Success

Pope Francis presided over the traditional Easter Vigil in the Holy Night of Easter in a full Saint Peter’s Basilica on Saturday evening. The celebration started inside at the entrance of the Basilica with the evocative rite of the blessing of fire followed by the candlelight procession while Lumen Christi was sung and the Basilica lights came on in all their brilliance. The celebration included the baptism and confirmation of eight catechumens from Albania, the United States, Nigeria, Italy and Venezuela. 

In his homily, Pope Francis underscored how the women who set out to visit Jesus’ tomb and found it empty underwent an incredible experience that marked a passage from the immense sorrow of over Jesus’ death to experiencing utter amazement over the Lord’s resurrection. And this journey from sadness to indescribable joy is one to which we are all called. 

The Gospel tells us that the women went “to see the tomb” (Mt 28:1). They think that they will find Jesus in the place of death and that everything is over, forever. Sometimes we too may think that the joy of our encounter with Jesus is something belonging to the past, whereas the present consists mostly of sealed tombs: tombs of disappointment, bitterness, and distrust, of the dismay of thinking that “nothing more can be done”, “things will never change”, “better to live for today”, since “there is no certainty about tomorrow”. If we are prey to sorrow, burdened by sadness, laid low by sin, embittered by failure, or troubled by some problem, we also know the bitter taste of weariness and the absence of joy. – Pope Francis

Full Text: Pope Francis’ homily for Easter Vigil 2023 at the Vatican

As both Easter and Passover are being celebrated this Holy Week, I’ve also decided to shift away from business and motivation and instead, share what I believe is a relevant post for the times. The following is from, “First Things, first…” a post I had shared last year on Easter Sunday, soon after the war in Ukraine was launched by Russia. I was inspired by one of the many blogs to which I subscribe and read weekly. The blog, First Things is presented as America’s Most Influential Journal of Religion and Public Life.

I will leave you with my thoughts to start each day, beginning today by being thankful for all that you have in your life. Be thankful for each new day and the opportunity to go after all the things you truly want in your life. Start with an attitude of gratitude and watch your achievements happen one after another. On this glorious day, I hope and pray God’s love fills your heart and soul.

Wishing everyone a beautiful Easter Sunday filled with happiness, love, and faith. May you feel the love of God on this blessed day.

JESUS made this a great day. HE made it happen. HE made it count. All for US!

Very truly yours,

Paul

[REVISITING] HOLY WEEK 2022: A WARTIME MEDITATION by George Weigel

In both the Roman and Byzantine liturgical calendars, Lent 2022 has coincided with a brutal war in Ukraine. That war was launched by Russia’s Vladimir Putin for an ignoble, imperial cause. It has been conducted by the Russian military in a manner that recalls the barbarism of the Romans who crucified six thousand slaves along the Appian Way after the Spartacus revolt. It’s an old story. Tyrants cannot tolerate the truth about their tyranny; they terrorize in order to break the spirit of those who seek freedom. 

In the third week of the war, Latin-rite Catholics read a passage from St. Augustine’s commentary on Psalm 140 that would surely ring true in the hearts of our Eastern Christian brethren in Ukraine, both Greek Catholic and Orthodox:

“Lord, I have cried to you, hear me.” This is a prayer we can all say. This is not my prayer, but that of the whole Christ. Rather, it is said in the name of his body. When Christ was on earth he prayed in his human nature and prayed to the Father in the name of his body; and when he prayed, drops of blood fell from his whole body. So it is written in the Gospel: “Jesus prayed with earnest prayer, and sweated blood.” What is this blood streaming from his whole body but the martyrdom of the whole Church?

Blood has been streaming from Christ’s body, the Church in Ukraine, for eight weeks now. It has poured from the bodies of men, women, and children. Ukrainian patriots have fallen in defense of their homeland; Russian soldiers have fallen for reasons they could not comprehend, because their superiors lied to them about their mission. The bloody wounds that have been inflicted on the Body of Christ in this war call to mind the Lord’s scourging; the mindless cruelties inflicted on civilians remind us of his crowning with thorns by sadists. With Christ, the Ukrainian people, who ask only to be themselves, have walked the bloody path to Calvary, where those who inflict their suffering mock their claims to be who they are.

Read more (and subscribe) at FirstThings.com.

Resources & Support

The future may be a bit bumpy for some, more so for others. Knowing who to turn to and when to turn to for guidance and help is important. Having resources at your disposal is also important. So, if you hit a wall, for whatever reason, please feel free to reach out to me for assistance or even if you just need someone to talk to. Please do not hesitate.

You can reach me via a LinkedIn message, by email to Paul@Acceler8Success.com, and by phone or text at (832) 797-9851.

As mentioned yesterday, as we celebrate the long holiday weekend with friends & family, Acceler8Success Cafe will be “closed” for normal business. However, I am sharing several lists of the Cafe’s popular articles with links so you have an opportunity, as time allows to get in some weekend reading. Below is today’s “easy reading” list. Enjoy!

Make it a great day. Make it happen. Make it count!

All my best, Paul.

A Simpler Life

I fondly recall entering my classroom on the first day of February in my early grades and seeing the dark silhouettes of George Washington and Abraham Lincoln on either end at the top of the long blackboard at the front of the room. Their birthdays are February 22nd and 12th, respectively. On a large side bulletin board, we were reminded of Valentine’s Day on February 14th. The decorations were vividly red hearts of all sizes.

Read more at https://www.linkedin.com/pulse/simpler-life-paul-segreto/

The Monumental Secret of Life

In 1994, just two years before he returned to Apple, Steve Jobs was interviewed by the Santa Clara Valley Historical Association. In a video excerpt from this interview, Jobs talks about his discovery of one simple, but monumental secret of life.

Read more at https://www.linkedin.com/pulse/monumental-secret-life-paul-segreto/

Kindness Can Make a Difference in Someone’s Life. Kindness Matters!

Most people are dealing with some kind of pain on the inside. Your kindness could be what gives them the strength to make it through another day.

Read more at https://www.linkedin.com/pulse/kindness-can-make-difference-someones-life-matters-paul-segreto/

Resources & Support

The future may be a bit bumpy for some, more so for others. Knowing who to turn to and when to turn to for guidance and help is important. Having resources at your disposal is also important. So, if you hit a wall, for whatever reason, please feel free to reach out to me for assistance or even if you just need someone to talk to. Please do not hesitate.

You can reach me via a LinkedIn message, by email to Paul@Acceler8Success.com, and by phone or text at (832) 797-9851.

Learn more about Acceler8Success Group at Acceler8Success.com and Entrepreneurship411.com.