HispanicPro's Posts (3748)

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My old mentor used to say, “Not every entrepreneur is cut out for success, and not every failure is a lost cause.” The entrepreneurial journey isn’t just about having a groundbreaking idea or a foolproof business plan. It’s about the habits we cultivate, the mindset we possess, and how we navigate through the unpredictability of the business world. Remember: success isn’t always about doing more. Sometimes, it’s about doing it right. READ MORE AT PERSONAL BRANDING BLOG

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As economic conditions fluctuate in Latin America – along with new leftist governments in Brazil, Chile and Colombia – sophisticated investors are prioritising the US market for wealth preservation and expansion. Latin American wealth is engaging more actively with US markets with growing appetite for dynamic and hands-on strategies. READ MORE AT PROFESSIONAL WEALTH MANAGEMENT

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Latinos are one of the fastest-growing entrepreneurial groups in the U.S., driving innovation, job creation, and economic expansion.

Key Facts on Latino Entrepreneurship
5 million Latino-owned businesses employ millions across the country.
Latino businesses grew 57% between 2007 and 2022, outpacing the national average.
Latino entrepreneurship hit a record high in 2023, with new business formation rates double the national average.

This rapid growth isn’t just about numbers—it’s reshaping industries. According to Stanford University research, Latino entrepreneurs lead the way in adopting artificial intelligence (AI) technology, giving them a competitive edge in the digital economy. READ MORE AT FINGERSLAKE1.COM

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Universities and colleges have historically not done well at enrolling Hispanic students. Now their continued success may depend on it. Nearly 1 in3students in kindergarten through 12th grade is Hispanic, the National Center for Education Statistics reports. That’s up from fewer than 1 in 4 a decade ago.

That makes these young people — often the children or grandchildren of immigrants, or immigrants themselves — newly important to colleges and universities, which have historically not managed to attract as many Hispanic students as they have students from other racial backgrounds. READ MORE AT GOVERNING

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A decade of research into Latino entrepreneurs paints a picture of an innovative and resilient group of business owners who are a key driver of the U.S. economy.

“Latino entrepreneurs are an important contributor to the growth of the U.S. entrepreneurial ecosystem,” says George Foster, a professor of management at Stanford Graduate School of Business and faculty director of the Stanford Latino Entrepreneurship Initiative, which has just published the 10th annual State of Latino Entrepreneurship report in partnership with the Latino Business Action Networkopen in new window. READ MORE AT STANFORD BUSINESS

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Rising insurance premiums pose a growing financial barrier to Latino homeownership. Insurance now comprises one fifth of mortgage payments, more than double what it was in 2013. And Latinos are more likely to live in disaster-prone areas that are experiencing the steepest increases in insurance premiums. Over the next few decades, climate change will reduce property values in vulnerable areas, undermining home equity for Latino homeowners. READ MORE AT UNIDOSUS

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For many Hispanic immigrants arriving in the US, securing employment is far more complex than simply submitting a CV. Language barriers, complex applications, and limited access to technology often make the process overwhelming—even for those legally authorised to work. In a system that fails to accommodate one of the country's fastest-growing demographics, two Colombian entrepreneurs saw an opportunity to make a difference. Their Miami-based start-up, Ponte, is using AI and WhatsApp to revolutionise job access for Hispanic immigrants—and they're only just getting started. READ MORE AT INTERNATIONAL BUSINESS TIMES

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Latino-owned businesses are a dynamic and growing portion of the U.S.; with more than 5 million firms driving $800 billion in revenue, they represent a massive opportunity for the U.S. The Latino Business Action Network (LBAN), in collaboration with the Stanford Graduate School of Business (GSB), released the 10th annual State of Latino Entrepreneurship (SOLE) research report unveiling groundbreaking data on the latest trends in Latino entrepreneurship across the U.S. READ MORE AT THE MANILA TIMES

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With Latinos contributing $3.2 trillion to the U.S. economy and driving the majority of workforce and business growth, companies that actively engage this market are making a strategic business decision focused on growth. Forward-thinking businesses are not just increasing market share—they’re securing long-term success by building trust and loyalty with Latino consumers. READ MORE AT CUINSIGHT

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Across busy neighborhoods in Miami and beyond, the hum of Latino-owned businesses tells a story of grit and ambition. They’re the bodegas, tech startups, construction firms, and family-run restaurants that keep local economies alive. The reality is that their contribution to the U.S. economy is essential. Yet, many of these businesses face barriers that prevent them from fully realizing their potential – and this is something that affects many other Latino-owned businesses across the nation. READ MORE AT BELATINA

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Latinos are no longer on the sidelines of high-powered industries. Whether in Fortune 500 boardrooms or legislative chambers, they are breaking barriers, shaping policy, and redefining leadership. With cultural values emphasizing resilience, community, and innovation, Latino leaders are carving a path that benefits both their communities and the broader economy. READ MORE AT MARCO LOPEZ

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SXSW panelists urge the industry to capitalize on the economic potential of Latino representation. Four Latino entertainment leaders gathered at SXSW on Friday to confront a striking economic revelation – the entertainment industry is missing out on approximately $18 billion annually by undeserving Latino audiences.

The 2024 McKinsey study titled “Latinos in Hollywood: Amplifying Voices Expanding Horizons,” revealed that improving Latino representation both on screen and behind the camera could generate billions in new revenue. READ MORE AT AUSTIN VIDA

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The bold rise of young Latinos in America

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Young Latinos are making waves, driving change not only within their community but across society. While Latino millennials initiated this shift, Gen Z is amplifying it—challenging outdated perceptions and reshaping the narrative around their identity. Frustrated by a lack of representation and tired of stories that don’t reflect their reality, this generation is determined to inspire a new outlook that recognizes their dynamism and influence. READ MORE AT KANTAR

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Cancer and Hispanics

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Cancer is the leading cause of death for Hispanic and Latino people in the United States. Compared to members of other races and ethnicities, Hispanic and Latino people have higher rates of getting and dying from some kinds of cancer. However, Hispanic people have the lowest rates of getting and dying from lung cancer. READ MORE AT CDC

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Latino small business owners skew younger

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Latino-owned small and medium businesses (SMBs) are growing rapidly, according to a new McKinsey & Co. report. Latinos start more businesses per capita than any other U.S. racial or ethnic group. In 2023, they created 36% of new businesses in the states—nearly double their representation in the overall population. According to the U.S. Census Bureau,

Still, Latino-owned SMBs comprise only 7% of total small-business firms with employees, and 17% of non-employer firms (which have no employees and are mostly sole proprietorships). READ MORE AT CMM

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Wealth is as often a measure of financial success as it is a source of pride, an opportunity to live a full life and the chance to secure a lasting legacy. For Hispanic-Latino investors, the Spanish word riqueza encompasses this multidimensionality of wealth.

What wealth-building strategies do Hispanic-Latino investors use to achieve riqueza? To learn more about their unique perspective on wealth, Morgan Stanley recently completed its State of Hispanic-Latino Wealth Report,1 featuring results of a survey of “emerging affluent” and high net worth Hispanic-Latino investors. READ MORE AT MORGAN STANLEY

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Why Hollywood needs more Latinos

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According to research by consultancy firm McKinsey & Company released last year, which looked at movies and shows released from 2013 to 2022, Latinos held 4 percent of lead roles in theatrical films and television shows, and 7 percent on streaming series, despite making up 19 percent of the US population. That makes Latinos one of the most underrepresented groups in Hollywood; only Native American representation is similarly bad. READ MORE AT MOTHER JONES

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More than 65 million people in the US identified as Hispanic or Latino in 2023, according to US Census Bureau data, making up over 19% of the total population. But the medical community doesn’t reflect that diversity. Medical schools and healthcare centers are increasingly prioritizing cultural competency training, but it’s not clear if these efforts are mitigating health disparities. READ MORE AT HEALTHCARE BREW

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