According to the Advocate, LGBT-owned businesses are growing at a steady pace. If the LGBT business community was a nation, it would be the 10th largest economy in the world. “America’s 1.4 million LGBT businesses add over $1.7 trillion to the economy annually, and create tens of thousands of jobs along with countless innovations in every industry.”
With over $900 billion in spending power, the LGBT community is now seeking to increase inclusion practices while also gaining basic minority protections under the government. For those unaware, the United States has no federal law outlawing discrimination against LGBT persons other than federal executive orders which is limited in nature.
With such a huge financial base it could be argued that the LGBT community in America can utilized its resources to grow protections the community deems it necessary.
According to the Advocate article, “around the globe, especially in the more than 70 nations where simply being an out LGBTI person can be a crime, our successes in America are creating hope and opportunity.”
The goal of the article is to push more LGBT business owners to “be counted” if you will to further the agenda of leverage on a national scale. I am no politician, but in today’s environment, it makes sense to one to grow a community’s base of support in order to ensure agendas on a national scale are including your voice.
Outside of government, businesses are also displaying their support. With a growing purchasing base business leaders across the world are paying much closer attention to the LGBT community than in the past.
In August 2018 business leaders from more than 15 nations on five continents in the NGLCC global family, along with observers and future partners from Belize, Ecuador, Japan, Taiwan and more, joined the world’s largest gathering of LGBTI business owners and corporate allies for our NGLCC International Business & Leadership Conference.
The goal of organizations like the NGLCC is to keep this momentum going and ultimately grow its influence on behalf of LGBT entrepreneurs. Makes sense to me and if you identify with the community, I’d recommend you take a look and reach out to see how you can get involve and support their cause.