S3 Ep6: Why US Latino Fintech Businesses Will Create The Next Big Unicorns

When one in four startups are founded by US Latinos, it’s no wonder they’ve attracted the attention of big investment. Laura Moreno Lucas explains why. Laura is a partner at L’attitude Ventures, an early-stage institutional fund that invests in technology and technology-enabled businesses led and owned by US Latinos. Nicole and Laura get into the importance of networks, how education is rebuilding trust in financial institutions, and how underrepresented communities are succeeding, despite the challenges. And our sponsor MainStreet is making it easy to find thousands of dollars worth of R&D Tax Credits. You only need to plug MainStreet into your payroll and let their team of experts do the heavy lifting, scanning hundreds of federal, state and local tax credits on your behalf. It’s going to save you so much time and your company so much money. Head to MainStreet.com to sign up for their limited time offer. And if you love listening to Humans of Fintech, please leave me a 5-star review on Rate My Podcast: https://ratethispodcast.com/humansoffintech Thank you so much! Follow Laura LinkedIn:llinkedin.com/in/lauraemoreno Twitter: https://twitter.com/lauraemoreno You can keep up-to-date with everything Humans of Fintech at https://workweek.com/brand/wtfintech/ And if you’ve enjoyed Humans of Fintech why not try: Chicks of FinTwit, Tech Unlocked, Breaking Banks or Fintech Insider How to Find a Business Mentor You don’t need to be a new business owner in order to benefit from the advice of an experienced one. In fact, reaching out to another company operator and asking them to mentor you might seem counterintuitive. After all, isn’t it their time that they could be spending on their own enterprise? Letting someone use their expertise as your personal advisor may feel like you’re asking for help instead of being independent. However, working with a business mentor can be one of the most valuable experiences you can have as an entrepreneur, not only because it helps reduce risk and increase chances of success but also because these mentors have already been where you are right now and can save you from repeating their same mistakes. A business mentor is someone who can give you impartial advice about your business plan or specific aspects of your company. Find out if there are any existing mentoring programs in your area or network with other entrepreneurs online. Here are some tips on how to find a business mentor if none of those options apply to you: