Aboriginal Business and Senior Business Startups

Question- What is a common factor for these different entrepreneurial groups?

In my recent research and past work experience I found that Aboriginal Business and Senior Business Startups entrepreneurs have comparable needs and aspirations.  We have often heard the phrase ‘Entrepreneurship Is For Everyone’.  But if you look around in Canada and in any other Country you will likely find that specific hands-on business support help for Aboriginal and Senior Business Startups are literally at the bottom of the totem pole.

Is it because very few people understand these two new groups of entrepreneurship OR is it because we still don’t have the right mix of mentors and/or coaches to empower these two groups?  Personally, I think that it’s the latter.  We really need the very successful Aboriginal and Senior 50+ Entrepreneurs to come forward and provide some entrepreneurship leadership.  At the same time those experienced entrepreneurs that step up will enable them to give back to society as a social entrepreneur.  At the present time I think that we have too many training programs for the Young Entrepreneur (18-24 years old).  In some cases there are daily programs scheduled that will eventually take valuable time away from real entrepreneurial activities.  I also think that especially in Canada but to a lesser extent in the USA if we don’t pay attention to both the Aboriginal and the 50+ Entrepreneur these groups will continue to be isolated, unimportant, socially discountable, politically weak and economically  disadvantaged and insignificant.

Some Aboriginal Business Insights

First of all, I am asking for more discussion help from individual Aboriginal and Senior Business Entrepreneurs where we can explore this topic more personally and in greater detail. In order to get everyone on the same page I have a hot discussion going on the website: YouInc.com/forum

In another discussion titled Aboriginal Entrepreners and Economic Development, Candace of Vancouver, BC Canada in a recent post said that, “Aboriginal Entrepreneurs tend to be social minded and when you grow and are in financial crunches there doesn’t seem to be much financial support within your own community.  When Aboriginal Bands recognize that dewvelpment of small business is viable and necessary for economic sustainability we can only look up (and pray).  A girl who owns her own kayak company for 12 years still holds on to the dream.”

Candace went on to say, (Joe), in your discussion regarding senior and aboriginal entrepreneurs I recognize your hope for inclusion. In my community gender equality has yet to be recognized.  Job creation is predominately resource/industry based and therefore absent and under represented by women which is always a disservice to children.  It needs to start with a discussion.  It has me thinking; especially about Elders and Entrepreneurs.

Question- Is there any hope for Aboriginal or Senior Business Entrepreneurs in the vast Northern Territories in Canada?

Arctic Radio in Nunavut, said, “I can think of a few senior entrepreneurs across Nunavut…..in Clyde River, Arviat and almost in each community in the Kitikmeot region including Kuguaruk.  Perhaps in both NWT and the Yukon Territories, as in Nunavut senior entrepreneurs mean and be something a little different for the North.”

More from Arctic Radio…..”I can only comment on Nunavut so that said….maybe that certain groups within the senior entrepreneur demographic just might not wish to retire in Nunavut, some Inuit like to retire in the South.  Meanwhile, the 50-65 group may be relatively older here than in places with different levels of access to goods and services. But on the whole, I’d say yes, places like Taloyoak, Nunavut and Coral Harbour, Nunavut do have a full opportunity to achieve social and economic power, but with at least double the effort, double the time, double the cost, and that with the prospects of perhaps only half the return given the size of their immediate market (most towns are under 1,300 people).  Human and financial capital may also be more limited and shall we say dynamic here per capita than elsewhwere.

Services as basic as restaurants are near absent in Nunavut and Yellowknife, NWT is where all their food except ‘wild food’ comes from.

To explain some of the possible distribution channels to the South Arctic Radio says, So, we may be acting as a catalyst for senior entrepreneur startups in the South in one way or another.  Develping this North/South relationship is consistent with recent calls at the Nunavut Eonomic Developers Association by the Deputy Minister of the Economic Development  Department…to forge ahead with our 3 main corridors to Southern markets so that businesses and business opportunities may mutually grow (typically Baffin region to Ottawa, Kivaliq region to Winnipeg, and Kitikmeot to Edmonton/Calgary).

In a related subject, the City of Edmonton and the Alberta, Canada Provincial Government signed an agreement on Thursday, May 24/13 to improve life for Edmonton’s growing aboriginal population. The two levels of government decided last year to work together on such priorities as youth leadership, opportunities for women, economic development and promoting safety, Aboriginal Relations Minister Robin Campbell said.

I like this innovative Pact however; if we are going to help more Urban Aboriginals I think that we need to organize and develop an entrepreneurial program for this Group. This would enable Urban Aboriginals in the Province of Alberta, Canada to create their OWN jobs or small businesses.