This Business News Story Was Uncovered By Us From: https://blog.eonetwork.org/2022/06/why-coming-out-as-a-gay-entrepreneur-is-a-privilege-and-an-investment/
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Contributed by Mike Stephenson, an EO Vancouver member who is co-founder and CEO of addy, which uses the principles of crowdfunding to make real estate investing accessible to everyone, including Black, indigenous, people of color, LGBTQ2S+ and other underrepresented groups. Mike recently shared the importance of finding (and keeping) a monogamous co-founder on EO on Inc. We asked Mike about his experience in taking a stand for inclusivity by overcoming his fear of coming out as a gay entrepreneur. Here’s what he shared.
When I came out professionally, there was no big party or public announcement. It happened gradually.
I’d lived in places where the laws dictate not everyone is equal, and I was all too aware that in some situations, it is dangerous for people in the LGBTQ2S+ community to be themselves.
While I knew coming out in Vancouver, Canada, wouldn’t mean risking my life, I still had fears. I worried for my husband’s safety and my own. I worried I’d lose friends–and business. My coming out wasn’t momentous, and that was a privilege. For me, with privilege comes the responsibility to help make space for those who face more adversity.
Why I’m “out” at work
Growing up biracial and gay, I experienced life through the lens of being different. It gave me what I like to think of as my superpower–empathy.
This lens served me well when I was living in Singapore–one of 69 countries in the world where homosexuality is criminalized. The community my now husband and I found there was kind, but we were acutely aware our relationship would not be officially recognized. It’s one of the reasons we moved back to Canada, to raise our future kids where they could see their family represented. And while we’ve moved the… Read More
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