{"id":805,"date":"2008-04-05T15:11:59","date_gmt":"2008-04-05T19:11:59","guid":{"rendered":"https:\/\/biznews.fiu.edu\/?p=805"},"modified":"2017-06-21T15:26:56","modified_gmt":"2017-06-21T19:26:56","slug":"mexican-business-leader-reflects-on-bankingand-what-rich-means","status":"publish","type":"post","link":"https:\/\/biznews.fiu.edu\/2008\/04\/mexican-business-leader-reflects-on-bankingand-what-rich-means\/","title":{"rendered":"Mexican business leader reflects on banking…and what \u201crich\u201d means."},"content":{"rendered":"

\u201cIf you like what you do, take some risks, and work hard, you can achieve anything.\u201d<\/p>\n

According to Jos\u00e9 Aldrich<\/strong>, managing partner, tax and legal services, Latin America tax leader\u2013South Florida business unit, KPMG, LLP; a member of the Dean\u2019s Council of the College of Administration; and an attendee at the first Wertheim Lecture of 2008, that message was at the core of remarks made by Ricardo Benjamin Salinas Pliego<\/strong>, founder and chairman, Grupo Salinas, and founder and CEO, Grupo Elektra in Mexico.<\/p>\n

Aldrich was one of an audience of about 200 faculty, staff, students, alumni, and members of the business community who heard Salinas, included since 2002 in Forbes\u2019 annual list of the \u201cWorld\u2019s Richest People,\u201d speak about \u201cSelling to the Poor: A 100-Year Success Story.\u201d<\/p>\n

In her introduction, Joyce J. Elam<\/strong>, executive dean of the business school, praised him for \u201chis corporate social responsibility, extending the fruits of capitalism and translating his values into action,\u201d while Florida International University President Modesto A. Maidique<\/strong> spoke about his journey \u201cfrom a windowless office to a global leader, generating wealth and promoting values.\u201d<\/p>\n

\"\"<\/div>\n

Though he oversees a conglomerate spanning banks, retailing, television production and broadcast, and telecommunications, Salinas focused on banking, explaining his company\u2019s involvement in serving low income families who have problems obtaining credit. He described his business model for banking, the challenges imposed by regulators and \u201cdo-gooders,\u201d and the positive impact of technology on his businesses.<\/p>\n

\u201cWe bring insurance, pension management, money transfers, savings programs, and loans to this market in ways that are very high tech and cost-efficient,\u201d he said.<\/p>\n

Larger message centers on positive qualities.<\/em><\/p>\n

For all his financial success and savvy, Salinas kept returning to broader questions of character and commitment as he reflected on the importance of business regardless of the sector.<\/p>\n

\u201cWhat is it to be rich?\u201d he asked. \u201cIs it having a lot of money? It\u2019s not like that at all. You have to be<\/em>, then you have to do<\/em>, then you will have<\/em>…in that order. You have to be happy first; you have to do what you love, and you have to surround yourself with people with integrity, intelligence and the ability to execute.\u201d<\/p>\n

The lecture took place on March 5, 2008, in the Ocean Bank Auditorium in the college\u2019s new building complex. The Herbert A. Wertheim Lecture Series has brought distinguished speakers and experts in business leadership and entrepreneurship to campus since 1993.<\/p>\n","protected":false},"excerpt":{"rendered":"

\u201cIf you like what you do, take some risks, and work hard, you can achieve anything.\u201d According to Jos\u00e9 Aldrich, managing partner, tax and legal services, Latin America tax leader\u2013South Florida business unit, KPMG, LLP; a member of the Dean\u2019s Council of the College of Administration; and an attendee at the first Wertheim Lecture of […]<\/p>\n","protected":false},"author":71,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[10,14],"tags":[1093,1361,1405,1927,2234],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/posts\/805"}],"collection":[{"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/users\/71"}],"replies":[{"embeddable":true,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/comments?post=805"}],"version-history":[{"count":3,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/posts\/805\/revisions"}],"predecessor-version":[{"id":28423,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/posts\/805\/revisions\/28423"}],"wp:attachment":[{"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/media?parent=805"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/categories?post=805"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/tags?post=805"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}