By Guest Blogger Kate Caldwell, Postdoctoral Research Fellow, Department of Disability and Human Development at the University of Illinois at Chicago
What’s the difference between self-employment and entrepreneurship? It’s alright if you don’t know. Our research has found that there is a lot of misinformation about what exactly entrepreneurship is and how it differs from self-employment!
Entrepreneurship has such great potential as an employment strategy for people with disabilities. Indeed, entrepreneurship and self-employment are often used interchangeably in the disability context. We at The CEED Project created an infographic that is easy to share about some of the basics of disability-entrepreneurship.
Essentially, self-employment refers to creating a job for an individual with the goal of becoming financially self-sufficient. In the business literature, it is meant as an alternative to salaried or wage employment. Entrepreneurship is meant to create a business that is profit- and growth-oriented. In this way, entrepreneurship results in both business and job creation not just for that individual, but with the possibility of hiring others in the future. While both self-employment and entrepreneurship are viable employment strategies, entrepreneurship is also an anti-poverty strategy. This is what gives entrepreneurship so much potential in addressing the problems of unemployment and underemployment facing people with disabilities. It also has the potential to shift our way of thinking about people with disabilities in employment: from seeing them not only as employees and passive recipients of services, but recognizing them as active participants, job creators, and possible employers. One of the most persistent barriers that people with disabilities encounter in employment is hiring discrimination. Consider the impact of entrepreneurship on how we think about inclusivity and workplace culture when people making the hiring decisions have a disability themselves!