This paper provides a comparative perspective of pathways to entrepreneursh
ip among Hispanic (mostly Mexican), Korean, non-Hispanic white, and Middle-
Eastern/South-Asian entrepreneurs to identify common and unique circumstanc
es conducive to business ownership. A stratified random sample business sur
vey conducted in an immigrant neighborhood in Chicago is analyzed, to deter
mine whether employment in a co-ethnic firm and informal self-employment. s
erve as a stepladder to business ownership. The blocked mobility hypothesis
is examined by considering self-reports about reasons becoming self-employ
ed. Results show that the informal economy is a common pathway to steady se
lf-employment. for Hispanics, whereas entry through employment in a co-ethn
ic firm was more common among Koreans than immigrants from Mexico, the Midd
le East, and South Asia. Koreans see business ownership as a way to overcom
e blocked mobility, bur: virtually all desire their offspring to acquire "g
ood jobs" in the open labor market. For Hispanics, business ownership is no
t solely an instrument for overcoming discrimination, but rather a strategy
for intergenerational mobility.