Gary Acosta’s Weekly Blog

Featuring Gary’s take on the economy, politics, sports and Latino culture

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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A few words on leadership

I have been thinking a lot about leadership lately, especially considering NAHREP will have the great John C. Maxwell at the national convention in September. Maxwell is widely considered one of the foremost authorities on the subject of leadership. Unlike other more quantifiable skills such as those in accounting, legal, science, or technology, leadership skills…

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Don’t count Walmart out

We all know how Amazon is dominating the retail sales world. They can cause the stock valuations of an entire business sector to plummet just by sticking their toe in a new business category (see grocery and pharma). So who is going to challenge them? My bet is Walmart. Walmart has more cash flow and…

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Robert F. Kennedy – A truly authentic leader

What does conservative icon, Bill O’Reilly have in common with liberal talking head, Chris Matthews? They both consider former Attorney General, Robert F. Kennedy a role model and a hero. I have been reading Matthews’ book Robert Kennedy “A Raging Spirit” and recognized how few politicians do things simply because they are the right things…

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LeBron James is a Laker

Almost everyone is aware that LeBron James, the greatest basketball player in a generation, exercised his option to become a free agent and promptly signed with the Los Angeles Lakers. After the worst five years in franchise history, Laker fans like me were thrilled with the news. However, it also reinforced the sobering fact that…

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Time to Save our Money

The signs are there. Interest rates are rising, gas prices are surging, and the deficit is blowing up. A recession is right around the corner. This is the time to start thinking lean, and avoid any new long-term liabilities. For self-employed people this is especially important. People who own their own business are by definition,…

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The Hispanic Advantage

If you follow the news at all, you know that Hispanics are dealing with discrimination and other problems to a greater degree than in previous years. Yet despite the heartbreaking stories about families being separated, and the idiots who denigrate our contributions to the American condition (which all will pass someday soon), there has never…

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Warriors and Lebron James

Is Lebron James the greatest basketball player of all time? Are the Warriors the best team ever? Who knows? The Warriors clinched their third NBA championship in the last four years and that puts them in a very small class of great teams. Lebron on the other hand, seemed to elevate his already brilliant game…

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An Immigrant Hero from Mali

Some of you may have heard about Mamoudou Gassama, an undocumented immigrant from Africa who saved a little boy that was dangling from the balcony of an apartment building outside of Paris. For those who haven’t seen the video, Gassama, with Spiderman-like speed and strength, fearlessly scaled four stories up the side of the building…

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AAU Sports — Enjoy the process

Less than 3% of high school basketball players go on to play at a four-year college — less than 1% play division one. The numbers are slightly better for other sports. With odds like that it is shocking to some people that the business of youth sports is now a 12 billion dollar industry. Critics…

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Margin Call

Anybody interested in seeing a great movie on the mortgage meltdown should watch the 2011 film, Margin Call, written and directed by J.C. Chandor. The film is a fictional characterization of a boutique Wall Street firm that figures out that the trading algorithms most of Wall Street was depending on to gauge the risk of…

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Hispanics Support NFL ruling on Anthem

Most of you probably heard that the NFL ruled this week that beginning next season players who don’t stand for the national anthem could be penalized and fined. I’ve already written about how I feel about the subject; I think the players should be allowed to protest peacefully. However, while it’s no surprise that Whites…

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Grown Men with Backpacks

A few years ago, my family rented an apartment in New York City for a month during the summer. My kids were very active in theater at the time and were looking for workshops in the city to hone their skills. My daughter, Marisa was specifically looking for something comedy related. We found a company…

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Wealth in Miami

This past week, I was in Miami with my NAHREP familia discussing the recent Hispanic Wealth Project (HWP) Annual Report. The report discusses trends in Hispanic household wealth in America. The financial clout of the Hispanic community is growing, but the metric we hear most frequently is Hispanic buying power not wealth. The fact is, Hispanic…

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John Kelly is wrong about immigrants

John Kelly, the current WH Chief of Staff and former Secretary of Homeland Security made news this week when he said that most Mexican immigrants do not assimilate well into American culture because they are rural, unskilled and do not speak English. For these reasons, Kelly believes they should be kept from entering the country…

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Headliners line up for L’ATTITUDE

L’ATTITUDE is going to change everything. The first major convention about America’s new mainstream culture and economy will feature discussions and presentations about the media, entertainment, politics, and business. Confirmed headliners include: Robert Rodriguez (Filmmaker), Zoe Saldana (Actor), Alex Rodriguez (Athlete and Entrepreneur), Thomas Friedman (Author), Tim Sloan (CEO, Wells Fargo), Oscar Munoz (CEO, United…

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