As we turn the page toward a new year and get ready to fulfill our resolutions to better the quality of our lives, I’d like to take a moment to share the “NAHREP 10” with you as part of the Hispanic Wealth Project. From this point forward, the following 10 principles will be prominently displayed at every chapter and national event. We want our members to lead by example and believe these principles can have a profound impact on the lives of our members and the people they influence.
|KNOW YOUR NET WORTH INCLUDING THE VALUE OF YOUR BUSINESS because you can't improve what you don't measure|
|HAVE A MATURE UNDERSTANDING OF WEALTH AND PROSPERITY because the one with the most toys usually loses||BE POLITICALLY SAVVY because public policy matters|
|BE IN THE TOP 10% OF YOUR PROFESSION because being good is not good enough||BE PHYSICALLY FIT because wealth without health is meaningless|
|LIVE BELOW YOUR MEANS AND BE READY FOR THE NEXT RECESSION because downturns are a regular part of our economic cycles||BE GENEROUS WITH PEOPLE WHO ARE LESS FORTUNATE because philanthropy feeds your heart and spirit and gives more purpose to your work|
|MINIMIZE DEBT because it is the biggest enemy to wealth||BE ACTIVE IN THE LIVES OF YOUR FAMILY AND CHILDREN because familia is central to who we are|
|INVEST AT LEAST 20% OF YOUR INCOME IN REAL ESTATE AND STOCKS because they are the best and safest ways to build wealth (investing in other businesses does not count)||SHARE THESE DISCIPLINES WITH YOUR FAMILY, FRIENDS, COLLEAGUES AND CLIENTS BECAUSE THAT'S HOW WE CHANGE THE WORLD!|
Best wishes for 2016,