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Entrepreneurs Book Report: Making Their Own American Dream (Book Report Sample)


You need to read the book "The New Entrepreneurs: How Race, Class, and Gender Shape American Enterprise" (it's 150 pages) and write a paragraph summarizing each chapter and relating each chapter to the common theme of achieving the American dream. Each paragraph should describe the chapter in detail and use at least 2 quotes from the chapters in each paragraph.


Entrepreneurs: Making their own American Dream
Student’s Name
Institutional Affiliation
The United States signed a law to control the number of immigrants who joined the country in 1986. Whereas, the Business formation is a key factor to help in the success of any enterprise, taking note of the basic factors involved is important. Valdez examines certain factors such as race, gender as well as a social class and the role they play in developing successful enterprises. The book gives detailed information about the role of structural inequality and how it relates to gender, race, and ethnicity to determine the ability of a minority entrepreneur to bring together resources that can be used in improving an enterprise. The book is based on theory and extensive research by the author based on factual findings and theoretical assumptions that help in explaining the role of race, ethnicity, and class in the success of business. The main point is how the diverse factors affect the entrepreneur's ability to achieve the American Dream. The dream that is about the availability of equal opportunities for any American citizen to achieve a successful life by working hard in whatever they set their minds to and having the drive and determination to achieve financial independence and prosperity.
Chapter 1: Introduction
Business formation is a key factor to help in the success of any enterprise. Taking note of the basic factors involved is important. Valdez in the first chapter examines certain factors such as race that are very important in developing successful enterprises in an attempt to achieve the American dream. She gives an example of Dona Tona and Mr. Alfaro who are all Latino Immigrants hoping to make it in the States. As Valdez (2011) states, "ethnicity has a role in facilitating business ownership through social capital, and economic resources. She continues to add that "the resources are generated by ethnic and social networks", (Valdez, 2011). The chapter aims at introducing the different factors discussed in the book relating to immigrants achieving the American dream.
Chapter 2: The embedded market: race, class, and gender in American enterprise
The issues encompassing race, class and sexual orientation in the United States have for some time been full of contention. The chapter investigates the theoretical approaches relating to embedded market. It aims to understand the structural oppression experienced by immigrants as well as the traditional ethnic paradigm in the United States relating to entrepreneurship. According to Valdez (2011), “the embedded market approach maintains that the American social structure is comprised of racial grouping hierarchies." The section gives the reader a systemic view on the issues of race, class, and gender. Through the readings in this book, the author gives the reader the materials to decide for themselves and plan their particular conclusion on the issues race, class, and sexual orientation and how it influences them in contemporary society. According to Valdez, (2011), "social capital stemming from multiple dimensions may offset structural disadvantage." These readings open the reader's eyes to the frameworks of abuse that remain and how people can be a specialist of progress to destroy unreasonable and unequal treatment towards achieving the American dream.
Chapter 3: Entrepreneurial Dreams in an Intersectional Context
The idea of 'social business enterprise' has been quickly developing in the private, open and non-benefit areas throughout the most recent couple of years, and enthusiasm for social business enterprise keeps on developing. Intersections are very influential in shaping entrepreneurial dreams for the immigrants. The entrepreneurial dreams, according to Valdez (2011), "he states that they include their motivations for and expectations of business ownership. The chapter also analyzes racial as well as group differences that influence entrepreneurship. According to Valdez, (2011), "entrepreneurs are sometimes but not always motivated by the prospect of making money." The chapter concludes by restating the ethnic entrepreneurship approach and the combination of factors that may lead ethnic minorities to engage in business activities.
Chapter 4: Intersectionality market capacity and Latino enterprise
Intersectionality is characterized as the connections among different measurements of personalities and modalities of social relations. The chapter endeavors to uncover the diverse sorts of segregation and burdens that happen as an outcome of the blend of natural, economic and social characters. Intersectionality, as stated by the author could help in creating and running successful enterprises in America. Valdez, (2011) "access to social capital may help in alleviating the detrimental impact of discrimination." The chapter also examines the difficulties that lower class individual's face in their attempt to pursue the American dream. According to Valdez, (2011), "negative societal reception contexts intensify the immigrant's class disadvantage." She also examines the market concept in the embedded market and concludes by noting that an economy is normally embedded in its social relationships.
Chapter 5: By what measure success? The economic and social value of Latino enterprise
The Latino's and other immigrants have experienced a couple of challenges in their quest to succeed in business. In this chapter, Valdez explores their achievements, objectives and motivations. Moreover, the chapter also examines the meaning of success according to the immigrants. Valde's (2011), “the Latino entrepreneurs define success using non-economic indicators as other things than money motivate some." Moreover, the author explores economic mobility as a measure of success for the immigrants. It also uses an entrepreneurship approach to determine the success of establishments. According to Valdez, (2011), she states that "ethnic entrepreneurship tends to minimize the social costs associated with the enterprise." Lastly, the chapter examines the economic as well as the social value for success.
Chapter 6: Ethnic and racial identity formation among American entrepreneurs
The exercises of ethnic personality business leaders which are regularly at first inspired by the longing to open up choices and to encourage decision among individuals instigate congruity and capacities as an instrument of social control. The section accentuates a specific subset of ethnic personality business visionaries. The chapter begins by Valdez acknowledging the existence of racial segregation in America, especially in business establishments. The oppression of minority groups such as Latinos began long ago before the beginning of modern developments. According to Valdez, (2011), "aggressive recruitment of minority during the industrial revolution and the exclusionary immigration policies such as Chinese exclusion act resembled minority segregation." The chapter continues to examine the deep rooting of the racial segregation of diverse communities among the American immigrants who had a dream of achieving a better life. Valdez (2011) indicates that "the racial hierarchy in the United States has a structural foundation that develops out of a racialized social system". She also notes that until now, ethnic minorities in the United States require having a racial classification to acquire a chance that may help them achieve their dreams. In this chapter, the author also acknowledges the supremacy of the white ethnic majority groups. He offers examples of immigrants such ...
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