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The Business of Being Gay | Jim Sherman | Big Think

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•
April 23, 2012
by
Big Think
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The Business of Being Gay | Jim Sherman | Big Think

TL;DR

Being a gay entrepreneur has advantages in creativity and networking, with some social limitations.

Transcript

uh in terms of being a gay entrepreneur um I I can't say that it's been a a a hindrance in any way um you know especially in my case I've worked in the media business for uh for for 20 years or so and uh and I think that uh in many respects certainly that industry is very open and a lot of openly gay people in it uh both the business side and the c... Read More

Key Insights

  • 🔉 Media industries are generally accepting of openly gay individuals.
  • 🤔 Creative thinking tends to be a strength of gay entrepreneurs.
  • 🏛️ Networking within gay organizations is crucial for building connections.
  • ⭕ Exclusion from traditional networking circles poses a potential challenge.
  • 👨‍💼 David Stewart is highlighted as an iconic gay business figure for his leadership skills.
  • 👨‍💼 Steve Jobs is recognized for his innovation and strategic business decisions.
  • ❓ Being part of the LGBTQ+ community can provide unique perspectives and creative solutions.

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Questions & Answers

Q: Has being gay hindered your entrepreneurship journey?

No, in the media industry, openly gay individuals are accepted, and being gay has even opened doors for collaborations with other gay senior executives.

Q: How can being part of the LGBTQ+ community benefit entrepreneurs?

Surrounding oneself with creative gay individuals can lead to innovative ideas and valuable support networks, enhancing the entrepreneurial journey.

Q: Are there any downsides to being a gay entrepreneur?

One downside mentioned is the potential exclusion from traditional networking settings like golf clubs, but gay networking organizations can offset this limitation.

Q: Can you recommend any iconic gay and non-gay business figures?

An iconic gay executive mentioned is David Stewart for his leadership and startup experience. For non-gay figures, Steve Jobs is admired for his innovation and market competitiveness.

Summary & Key Takeaways

  • Being a gay entrepreneur has not been a hindrance, especially in media industries.

  • Surrounding oneself with creative gay individuals can aid in launching a new business.

  • Networking organizations like Gay MBA can provide valuable connections for gay entrepreneurs.


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