Over the next 24 months, the real estate and mortgage industries will be challenged like no time in recent history. Companies that have healthy capital reserves and their fixed expenses under control will expand their footprints, and increase market share…Conversely, companies with high fixed expenses, and singular revenue channels will suffer.
Over the last few weeks, I have had the opportunity to speak at the T3 Conference in Florida…I surprised the audience when I explained how the issue of diversity has been framed incorrectly, and has for the most part alienated the business community.
When we invited Gary Vaynerchuk to NAHREP at L’ATTITUDE in 2021, I was mostly relying on input from others. Several members loved his content, but the little I saw online left me underwhelmed. However, I thoroughly enjoyed his presentation at our event, particularly his comments about toxic employees, which he says to dump with impunity.
Selling during a downturn required a more strategic approach, but the opportunities for growth and expansion are available to the savviest of companies. Here are some of the best ideas I’ve read about.
I remember with NAR, the National Association of REALTORS®, invited me to participate on a panel session on diversity at their national convention back in 2002. I had never been to an NAR convention, but had heard that they were huge with 20,000+ attendees.
I am basically on lockdown from now until the NAHREP and L’ATTITUDE conference. This year we have a concert with Farruko and Juanes, a gala with Lin-Manuel Miranda, a basketball game with Manu Ginóbili, and our usual cadre of CEOs, VCs, entrepreneurs, and celebrities.
I had the honor of being the commencement speaker at the UC Irvine School of Business in June. I spoke about expecting the unexpected. I like to take a counterintuitive approach to business and life. I told the audience of 4000 students, faculty, and parents that regardless of how detailed your plans might be, your actual career will probably turn out very different than you expect.
In six weeks L’ATTITUDE will host its fifth annual event in San Diego, September 22 – 25, with another world-class lineup including CEOs, entertainers and some of the biggest names in business, media, sports and politics.
Last week, L’ATTITUDE Ventures closed its first institutional fund, raising over $100 million through a strategic anchor investment by JP Morgan Chase and initial investments from the Trujillo Group and Bank of America. Other key investors in this fund, which is aimed solely at investing in Latina(o)-owned companies with high growth potential, include UC Investments, MassMutual, Barclays, the Royal Bank of Canada, Polaris Limited Partners (Oscar Munoz), Cisco, Nuveen Investments, and Morgan Stanley.
Many of us know that Latinos were hit harder than any other demographic during the great recession of 2008 to 2012, but not everyone knows why. Those of us in the real estate business were taught that we should invest in real estate, because it is what we know. That makes a lot of sense.…