Why the Future of America's Economy Depends on Latinos | Lyanne Alfaro | Moneda Moves

Yo Quiero Dinero

Jannese Torres

Saving, Entrepreneurship, Business, Investing, Wealth, Personal Finance For Latinas, Personal Finance, Budgeting, Finances, Generational Wealth, Equal Pay, Financial Literacy

4.9 • 607 Ratings

🗓️ 17 July 2023

⏱️ 37 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Episode 222 talks about why the future of America's economy depends on Latinos, featuring Lyanne Alfaro. Listen now!

Lyanne tells stories about what’s next in the world of technology, business and entrepreneurship. An NYC journalist turned multi-hyphenate, she's especially passionate about exploring the Latino influence in the world of business. She has launched a newsletter and podcast all about it called Moneda Moves. She's first generation, Mexicana and hails from Chicago.

Most recently, she was at Nasdaq on a small team that reimagined the way we covered companies going public on the stock exchange. On any given day, she hosted live segments spotlighting entrepreneurs and produced Nasdaq's first podcast: Tomorrow's Capital. Her team's work has been recognized by the likes of The New York Emmys, The Webby Awards, Digiday and PRNews.

You can follow Lyanne on Instagram, Twitter, LinkedIn & her website.

For full episode show notes, visit here.

Loving episode 222? Leave us a review if you’re listening on Apple Podcasts and follow us on Instagram & YouTube! Until next time, stay empowered, stay inspired and #staypoderosa ✨

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Transcript

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0:00.0	People assume that Latinos are untrained, that we need to be trained, that we need to be educated,
0:05.7	and that's the biggest gap that we have when it comes to money.
0:08.2	Not so.
0:09.3	Not so for many reasons.
0:10.9	20% of Latinos in business are actually making tech companies.
0:14.7	So we are way more skill than people give us credit for.
0:17.8	And also Latinos are ahead of the curve when it comes to marketing practices.
0:20.9	So everything that you're doing, for example, like blogging, getting on social media,
0:25.2	leveraging news outlets, we are ahead of the curve, even more so than white-owned businesses.
0:29.8	These people assume that Latinos are not skilled and that they don't have business
0:34.2	savviness, but that is so not true. And we've been missing a lot of the
0:38.1	storytelling, a lot of the data to back that up. But now we are finally seeing that bubble to the
0:42.9	surface, especially as Latino business owners accelerate their creation of small businesses and big
0:47.2	businesses, that we do have a skill set for this. And really what we need is more of ecosystem
0:52.0	support from all around. So yes, training can help a certain degree, but we need connections. We need the network and we need to get paid. We need that capital. Capital is a big blocker for Latino businesses. It's all of these things and really tearing down these stereotypes that we're not skilled, that we don't have the understanding of money. We do. We grew up with money. We grew up understanding money. What we need is that bridge and that ecosystem.
1:17.1	You're listening to, Yo Quiero Dinoero, a personal finance podcast for the modern Latina.
1:23.1	I'm your host, Janice Torres, award-winning Latina personal finance expert. I didn't always have my
1:28.9	financial shit together, but when I started looking for POC-friendly personal finance podcasts, I couldn't
1:34.6	find any. And so Yo Quiero Dino was born. On this show, I'll show you how to make
1:39.0	Dineiro, how to keep your Dinero, and most importantly, how to make it grow. Each week, I'm connecting you with the most brilliant minds in the world of money and
1:47.4	business.
1:48.2	So you can learn about investing, entrepreneurship, and building wealth.
	...

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