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Hong Kong’s Chief Justice ‘Favors’ LGBTQI+ Couples in A Landmark Ruling

The LGBTQI+ Wave Dominating the Corporate Market

November 26, 2023

The LGBTQIA+ community has always been a spirit that has been historically overlooked, but one that is loud, proud, and making waves in the entrepreneurial space. In this article, we are diving deep into the importance of breaking barriers for our LGBTQIA+ entrepreneurs and their allies.

The Historical Closet in the Corporate World

Let's be real for a second. The corporate world has not been the friendliest place for the LGBTQIA+ community. Traditional business norms and the boardroom's stoic ambiance have often alienated queer entrepreneurs.

NYC / Pexels / There was a time when 'coming out' in the business world might mean closing doors, not opening them.

In other words, there was a time when 'historic closeting' was the norm, both professionally and personally.

But times are changing. In today's modern world, more and more LGBTQIA+ entrepreneurs are coming out of the closet and showing their peers that they are capable of reaching success. They are building businesses, creating jobs, and inspiring others to do the same.

The Tides Are Changing for Good

Happily, we have witnessed a glorious change over the last few decades. As society progresses, the business world is embracing its rainbow hues. Major corporations wave their pride flags during June (and beyond), businesses actively support LGBTQIA+ rights, and more queer entrepreneurs are stepping out and succeeding in their ventures.

Brett / Pexels / In 2023, Queer entrepreneurs are shining brighter than ever before.

So, it is a milestone in and of itself.

Why Representation Matters?

Every entrepreneur will tell you that seeing someone like yourself in a role you aspire to can be the motivational kick you need. For young LGBTQIA+ folks, seeing queer entrepreneurs thriving means everything. However, it is not just about selling products or services.

Instead, it is about shaping the narrative of what it means to be a successful LGBTQIA+ individual in the business world.

Allies: The Unsung Heroes

You do not have to identify as LGBTQIA+ to make a significant impact. From advocating for inclusive company policies to supporting LGBTQI-owned businesses, allies play a pivotal role in creating safe spaces and platforms for queer entrepreneurs.

We need more people saying, "Hey, I'm with you, and I support your journey!"

Challenges Still Exist

While the LGBTQI+ community has made great strides, there is still work to do. Discrimination, both overt and covert, still exists. Some areas and industries remain less welcoming than others.

Worth It / Pexels / Despite the leaping progress, there are still some corporate areas that are less welcoming for the LGBTQI+ community.

And mental health issues, often stemming from past traumas or societal pressures, can impact LGBTQIA+ entrepreneurs.

The Road Ahead: Becoming More Inclusive

It is simple: Buy from LGBTQIA+ entrepreneurs. Whether it is your morning coffee, your new summer wardrobe, or your tech needs – see if there is a queer business you can support. If you find one, offer a helping hand.

As with all societal changes, education is key. Whether you are a business leader or a consumer, educate yourself on LGBTQIA+ issues, challenges, and ways you can support. Thus, Queer entrepreneurs, just like any others, need resources and funds to kickstart their dreams. So, ensure that there is equal access to these essentials for everyone.

Finally, networking events, mentorship programs, and collaborative projects centered around the LGBTQIA+ community can go a long way.

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