Trump Wins a Second Term – What that means for Real Estate and NAHREP
NAHREP has reasons for both optimism and concern about a second Trump term…
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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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Only Sports Can Do That
On Friday evening, the LA Dodgers won game one of the 2024 World Series over the New York Yankees in glorious fashion, with Freddie Freeman hitting a walk-off grand slam home run in the bottom of the 10th inning. For Dodger fans, the game could not have been scripted better…
It’s America’s Wealth and Income Disparities That are the Real Issues
With the presidential election only three weeks away, partisans on both sides are taking off the gloves with rhetoric that vilifies their opponents and fires up their minions. Most people believe that our country is more divided than ever. Indeed, the days when liberal and conservative candidates can debate their views respectfully seem like a distant memory. At the risk of oversimplifying things too much, let me cut to the chase about what is driving the divisions in the country.
The Value of Platforms
NAHREP shares data at conferences to build a more accurate narrative about the Latino community from an economic perspective. Sharing that data with attendees, influential business leaders, and media at the event helps achieve that goal while arming them with information that can give them a competitive advantage with their businesses.
What Problem Is Your Business Solving?
The best businesses and the most successful people don’t just perform a task and make money. They solve a problem or facilitate an opportunity. Uber, Tesla, Apple, Netflix, and Microsoft approached their business with that mindset. They were designed to solve humanity’s most significant challenges and opportunities. However, even the smallest companies can develop solutions that people care about.
Surround Yourself with the Right People
There are two types of people in the world: those who add stress and those who subtract stress. Simon Sinek says…if you must choose between loyalty and productivity, always go with loyalty.
Housing is the Most Important Economic Issue in This Election Cycle
The usual solutions will not solve the current housing affordability crisis. Any solution that does not begin and end with a sustainable plan to radically increase housing supply is just noise. The barriers to increasing housing supply are complex and require the crucial cooperation of both public and private sectors, and more education.
Why I liked the 1992 movie, Boomerang
“Boomerang” was a different kind of film. It was a movie about friendship, loyalty, and romance set in NYC at a medium-sized Black-led company that sold beauty products. Boomerang had an all-black cast and a plot that had nothing to do with being Black. While that was unheard of at the time, Murphy was such a big star that it didn’t seem like a big deal.
The Difference Between Good and Great
Terms like “great, genius,” and “world-class” are overused, perhaps because they mean something different to everyone. Greatness is subjective. Some might say you must be great just to be employed in the film business or to play professional sports, but I don’t think Will Smith or LeBron James think that way. The concept of being great also requires context. You could be a great high school athlete but only an average college player.
What We Can Learn About Today’s Political Vitriol
Regardless of political persuasion, most people think the rhetoric of politics has gotten out of control. If you believe that, as I do, there IS something you can do about it. You can ask yourself whether you are helping or hurting the situation. I like to say that there are two types of people in the world: people who add stress and people who relieve stress. I think similarly, some people are adding to the political spectacle in the country, and others are at least trying for something better.
The Room Where It Happens
This past week, the National Association of Realtors invited me to participate in a meeting with the NAR leadership and Jonathan Kanter, the Assistant Attorney General of the United States.
Can Anyone Fix America’s Broken Political System?
Never in U.S. history have we had two older or less popular candidates running for president of the United States than we do today. We repeatedly hear the question, “How can these two candidates be the best our country has to offer?”.
My Grandfather’s Church is Where I Acquired My Views on Immigration
We currently have 11 million unfilled jobs in America. Ending illegal immigration will either dramatically increase that number and have massive disruption to our economy, or we will have to…
The Best Leaders are Top Communicators
The most valuable skill in today’s economy is storytelling. O’Leary wasn’t the first to say that. Ten years ago, I remember asking Bill Clinton what made him a great speaker, and he said he was a good speaker because he is a good storyteller. As our economy evolves, the ability to communicate will become even more valuable.
The Root Causes of Political Fanaticism (From Both the Left and the Right)
if you are primarily fearful of living in a society that is racist and discriminatory, you should be very concerned with what is happening with the political far left. If your primary fear is moving our society towards socialism and communism, then you should be mostly fearful of the political far right. That statement may seem counterintuitive, but it is absolutely true.
Political Extremism is the Enemy
People on the political right believe that people on the extreme left are the biggest problems in our nation. People on the political left think that people on the extreme right pose the biggest threat. This is one occasion when both sides are correct.
Buyers Agents do God’s Work
The top real estate sales coaches, like Mike Ferry, flat out tell their students that representing buyers is for losers. Driving buyers around to open houses, dealing with fickle lenders, and filling out multiple offer forms is a lot of work. To make matters worse, after doing all that work, you still might not get paid if your buyers’ offers aren’t accepted.
The Law of Unintended Consequences
By definition, unintended consequences are the results of an action different from what was expected or planned. They are often referenced in relation to changes in policies. I have heard the term used for years, primarily related to government policies. Still, I didn’t realize until recently that much has been written on the subject, and most experts believe that there are three categories of unintended consequences:
What is it About Latinos and Sports?
I once read that sports are a universal language. Regardless of ethnicity or what language you speak, almost everyone speaks sports. No place has that been more evident than the Olympics, where every four years, we are moved by images of athletic rivals from around the world shaking hands and embracing each other in moving displays of sportsmanship.