In this episode of Business DEI Under 5, host Joelle Clayborne explores the role of diversity, equity, and inclusion (DEI) in entrepreneurship. Despite the industry often being viewed as exclusive to white, male, and wealthy individuals, a diverse team brings different perspectives, experiences, and ideas to the table, leading to more innovative solutions and better business outcomes. However, entrepreneurship is still lacking in representation, with women and underrepresented minorities receiving significantly less venture capital funding. The episode discusses the systemic issues that contribute to this lack of diversity, including historical barriers to entry and unconscious biases. Additionally, it highlights the financial benefits of diversity and offers advice for marginalized individuals looking to become entrepreneurs, such as seeking mentorship, building a diverse team, and staying informed about funding opportunities. The episode concludes by emphasizing the importance of DEI for success in entrepreneurship and providing resources for individuals looking to start their own businesses.