"The 12.5 million white male business owners comprise about 41% of the 30.5 million total owners of small businesses in America. There are about 11.6 million women-owned businesses (about 65% of them are white-woman owned) and 6.5 million businesses are owned by men of color, based on a recent analysis venture capitalist Seth Levine and I conducted with the help of researchers from Stanford University using two sets of U.S. Census Bureau data from 2017, those for employer and non-employer businesses."

So...still the majority at 41%? I guess "the minority" in the title means less than half.