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Donald Trump Is Alienating an Entire Group of Entrepreneurs, Former Telemundo President Says

Sep 01, 2016

Media mogul and entrepreneur Nely Galán launched her own media company, started a real estate business and served as the president of entertainment at Telemundo (making her the first Latina president of a U.S. television network). Galán created and produced the hit reality television program, La Cenicienta, and the Fox reality series, The Swan.

But most Americans probably know Galán from her 2008 appearance on the first season of Celebrity Apprentice with Donald Trump. “Donald Trump was the same argumentative person that we see now, but it was in the context of a reality show,” she says. “I never would’ve thought in my wildest dreams it was going to be a political platform.”

Galán, who emigrated from Cuba, says Trump is alienating a really powerful segment of the population – multicultural businesswomen. Minority women are the fastest-growing group of entrepreneurs in America, and Hispanic women-owned operations have reportedly increased by 87.5% since 2007. Though this may sound like good news, Black and Latino women-led businesses rarely get venture capital funding.

In her new book titled, SELF-MADE: Becoming Empowered, Self-Reliant, and Rich in Every Way, Galán discusses strategies to help women entrepreneurs find “hidden money” by applying for small business loans and taking advantage of government tax incentives.

For more of Galán’s tips on how to become “self-made,” watch the video above.

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