Gary Acosta is an entrepreneur, public policy advocate, investor, and thought leader passionate about advancing prosperity for Latinos and other underserved communities. As an industry leader, he protects and improves the business environment required to close the wealth gap, particularly via homeownership. Amongst other endeavors, he is Co-Founder & CEO of NAHREP, the country’s leading Hispanic business organization, and Co-Founder of L’ATTITUDE, the preeminent platform for Latino economic empowerment. Acosta is also a general partner of L’ATTITUDE Ventures, the nation’s largest venture capital fund exclusively focused on Latino-led start-ups. Join Gary as he dives into today’s issues through many creative formats.
For years I have been talking to corporations about the growth and profit opportunity of the Hispanic market. Factually speaking, Hispanics are the youngest and fastest-growing demographic segment in our economy. In the housing sector, Hispanics account for about 50% of the homeownership growth in America. The numbers are big and the opportunity is clear.…
In the coming weeks, Americans will start receiving the COVID-19 vaccine. We were able to get to this point in about ten months – a remarkable achievement. In tests, the efficacy of the three vaccines that will hit the market have ranged between 90-95 percent – equally as amazing. Even more encouraging, the Moderna vaccine…
Last Week, Eva Longoria was being interviewed on MSNBC about the significant role that Latinos played in the presidential election. When the interviewer asked about Black women, Eva said “of course we saw what Black women did in Georgia, but Latina women were the real heroines”. Social media was swift to criticize her for “diminishing…
Doctors Marlow Hernandez and Richard Aguilar founded Cano Health in 2009 to provide quality end-to-end health care for underserved Latino communities in Florida. In 2016, their company generated $1.6M in revenue, but they had an idea to roll-up other smaller medical practices in their footprint to leverage economies of scale. With the help of my…
Jerry Ascencio and I hosted a webinar last week on stock-based investments. It was a well-attended session with great content. Our objective is not to sell people on the stock market, but to help close the knowledge gap about investing in general, and the stock market is an important part of that. Generating income is…
This week we got some good news from Pfizer on a vaccine, and a whole lot of bad news about COVID infections exploding nationwide. A recent trial indicated that Pfizer’s novel vaccine was more than 90% effective. This would make it about twice as effective as the normal flu vaccine. Medical experts believe that up…
Joe Biden will soon take over the reins of the United States government which is currently under more stress and turmoil than any time before. Solving the nation’s immediate problems will require every ounce of our intellectual capital and a strategic apportionment of our financial resources. While most Americans have confidence that Biden will be…
Somebody once told me that you get power by giving power and you get respect by giving respect. On election night, I posted a statement on Facebook that said Latino voters delivered Florida for Trump, and Arizona for Biden (I may have been premature on the latter). The post received 143 comments and included a…
My vote in this election will mark the tenth time that I have voted in a presidential election. Ronald Reagan was the first candidate I ever voted for, and I still remember the feeling of power that I felt when I punched a hole next to his name. I didn’t know much about politics at…
There has been a lot of conversation lately about whether college is still worth it. There are some notable people, like Elon Musk and Grant Cardone, who think that college is a waste of money. Coming from two successful entrepreneurs, that’s not a surprise. Musk believes that success in college may be a good indicator…
The stock market is near an all-time high, while unemployment is up and wages are flat. It begs the question: is the stock market overvalued? I’m not a stock market expert, I don’t follow the market like some people, but I do know a few things. A share of stock is a piece of a…
Rapper turned actor, Ice Cube, created a little controversy last week by working with the Trump Campaign on something he calls “The Platinum Plan, Contract with Black America”. So, if you’re wondering what I think about, here are my thoughts. I appreciate the idea, but the execution was a disaster. I like Ice Cube, he…
Last Friday was the 52nd anniversary of one of the most historic and controversial moments in the history of the Olympics. Most of us are familiar with story of Tommie Smith and John Carlos, who after finishing first and third in the 200-meter dash at the 1968 Mexico City Olympics, raised their black-gloved fists in…
There is a strong quote from the early 20th Century that illustrates how economics and politics are inseparable. It goes something like this: “The worst illiterate is the political illiterate. He (the political illiterate) doesn’t hear, speak, or participate in political events. He doesn’t know that the cost of life, the price of food, rent,…
In the months prior to L’ATTITUDE 2020, I made it a point to watch a number of virtual events. Some like the Aspen Ideas Festival were well executed, but aimed relatively low in terms of program and production. The major events such as SXSW and Comic-Con offered smaller virtual versions of their massive live events…
L’ATTITUDE is an event platform that I launched three years ago, together with business leader Sol Trujillo, and with the support of the NAHREP leadership team and events staff. This past year, international superstar Emilio Estefan joined me and Sol. Because of their prolific careers in business and entertainment, Sol and Emilio have access to…
Former HUD Secretary Julián Castro was the only Latino presidential candidate in 2020. Further, Rep. Alexandria Ocasio-Cortez has more social media followers and name recognition than Nancy Pelosi and Chuck Schumer combined; AOC was given a mere 90 seconds at the DNC Convention, less time than Sally Yates (who?), and Julián Castro…well, he wasn’t invited…
I had a great conversation this week with Congressman Tony Cárdenas. Tony is from Los Angeles and a former REALTOR®. In fact, he started his career in real estate with Jerry Ascencio, NAHREP’s former national president. Tony recently announced his candidacy for the position of Assistant Speaker of the House, but prior to that he…
NAHREP and the Hispanic Wealth Project, Inc. are finalizing a report on the state of Hispanic wealth in America. The report will be built around an in-depth survey on family wealth taken by several hundred Latino families that includes how their financial position has been impacted by COVID-19. So, what are we hoping to learn…
We all know great musicians have great rhythm, but I believe the concept of rhythm can be applied to a lot of things. Last week, I was watching my son go through a basketball shooting drill with a trainer up in LA. He was making most of his shots, but he didn’t look fluid. His…
