The incomparable NAHREP at L’ATTITUDE (NAL) event in Miami. This year, the crowd will be bigger and the speakers will be even more impressive! If you are not familiar with some of the names, let me provide some additional color: Eddy Cue is a Cuban-American and the second-ranking executive at Apple, Orlando Bravo is the wealthiest Latino in America with a net worth of more than 8 billion dollars, and Priscila Almodovar is the only Latina CEO of a Fortune 100 company. Beyond this incredible list of headliners, the hallways at NAL will include…
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.
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I think most Latinos would agree that at our core, we are a generous people. If a member of our family is in need, Latinos as a rule, won’t hesitate to help financially. Family is central to Hispanic culture: our generosity has few limits. Maybe that explains why when it comes to making political donations and writing checks in support of actual philanthropic activities, Latinos come up short….When I interviewed Barack Obama last year at NAHREP at L’ATTITUDE, I pressed him about politicians not prioritizing issues that are important to Latino voters, he politely pushed back by saying…
Problems aren’t fun. Because of this, most people run away from problems rather than confronting them. The ability to deal with problems and stressful situations is a key component of strong leadership…one of the reasons NAHREP is one of the most successful business organizations in America is that many years ago…
In July, L’ATTITUDE hosted its first event during the NBA Summer League, honoring Latino leaders in the NBA….L’ATTITUDE intends to amplify its focus on sports because of its enormous influence on our culture and the youth in America. Beyond recognizing leaders, L’ATTITUDE will produce studies and data that illustrate the role of Latinos in terms of audience and revenue growth for professional sports.
In the movie Wall Street, Bud Fox’s goal was to work with a big fish like Gordon Gekko. Fox gets his wish, but it almost destroys him. Still, almost everyone wants to work with partners and customers who are wealthier and more successful than themselves.
Attorneys General from thirteen states sent a letter to the 100 largest corporations in America, advising them that they believe the ruling extends to private companies. In their letter, the group of Attorneys General stated their view that “racial discrimination in employment and contracting is all too common among Fortune 100 companies and other large businesses.”
We live in a society where people acquire strong opinions with only soundbites of information. Critics of affirmative action characterize it as a policy that allowed colleges to admit students of color who were undeserving and unqualified. However, the data showed that everyone who is admitted to Harvard meets the academic criteria.
The United States ruled that colleges could no longer consider race as a factor in admissions policies. There would be no need for affirmative action in college admissions if every young person had equal access to safe housing, healthcare, and quality educational resources during their formative years.
“competition is for losers”. I love that line….Happy companies are all different because each of them has discovered how to provide a product or service that is extremely valuable – yet so unique that they have no real competition.
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.
Elon Musk dropped by the Real Time with Bill Maher show recently for an interview with the host. Maher, who considers himself a liberal is an obvious fan of the CEO of Tesla and Space X. The centerpiece of their conversation was their discussion regarding what Musk called the “woke mind virus” or what I prefer to call “cancel culture”.
Those that predicted that the failure of Silicon Valley Bank was just the beginning are turning out to be correct. The sharp rise in interest rates, plus a few regulatory gaps, coupled with the convenience of online banking have created a perfect storm for over-leveraged banks in 2023.
We live in a capitalistic society. Economics drives everything. We work hard and we have more money to provide for our families and do the things we want. But what actually makes us happy? Some of us spend our lives looking for that answer and never find it. Some look for it in church, others pay life coaches, and some think the more money they have the happier they will be.
We hear frequently how Latinos are not a monolithic community. In other words, we are not all the same. We come from different countries, have a variety of political views, and even eat different foods. I get all of that, but I also think focusing constantly on our differences versus our similarities undermines our political and economic power as a community…
The woman who gave me life and shaped me to be the person that I am passed away on March 5th. My mother Irma was a strong woman – a really strong woman. She was the matriarch of our family. I joke that the rest of us were just part of her supporting cast…
I teach my kids that they can do anything if they put their minds to it and do the work. I also teach them that life isn’t always fair, but you can’t let that deter you. I think we all try to teach our kids the value of grit and hard work. For most people, success is about perseverance and overcoming obstacles.
About a year ago, I was convinced by some of my closest friends that I should do a podcast. Today it seems like everyone has a podcast, and frankly, 99% of them aren’t very good. I wasn’t sure I could do much better, but I realized I do have some ideas that some people have found interesting in the past.
The NFL markets its brand as well as any enterprise in the world. I heard a comedian once say that the NFL is so popular, it has its own day. NFL football is huge. Each NFL franchise brings in approximately $400M a year in revenue; almost double the annual revenue of NBA teams and 2 ½ times as much as MLB clubs.