In This Podcast Episode
Rob McNealy interviews Hector Barreto, former administrator of the US Small Business Administration, and Chairman of the Latino Coalition, on the state of small business in the United States and Latino entrepreneurship.
Hector Barreto’s Bio
After having been unanimously approved by the United States Senate, Hector Barreto served five years as the President’s appointed administrator of the US Small Business Administration. During that time, the SBA raised the bar to an unprecedented level of support for women, minority and veteran owned companies.
Mr. Barreto received peer, media and governmental recognition for his creation of public-private initiatives such as Business Matchmaking which generated almost 1 billion dollars in contracts for small firms. He has continued his efforts as Chairman of the non-profit Business Matchmaking organization.
Upon his return to the private sector, he has assumed leadership in a wide range of business, civic and charitable activities. They include being appointed by Governor Arnold Schwarzenegger to serve on the California Commission for Economic Development. In addition, Mr. Barreto serves on the board of Directors of E-Agency, MyMedicalRecords.Com, National Merchant Center and Zerco.
In late September, 2007, Wiley published his first book “The Engine of America” which provides motivation and inspiration for entrepreneurs through the stories and ideas of business leaders nationally. Dr. Noble of the Noble Family Society said, “You should read The Engine of America if you are serious about learning from those who shared a dream of success and created their own reality. Barreto has brought together the knowledge, experience, and passion pf those who have made it and met its multitude of challenges. Read it; it will help you join that list.”
As Chairman of the Latino Coalition, he has organized a national initiative recognizing Hispanic small business owners who are community leaders through a joint program funded by Aflac. He has assumed the leadership of the Latino Coalition at a time when Hispanic issues and policies are among the highest concurs in government and throughout the business world as well as among individual Americans. Mr. Barreto has a long history in the corporate sector and the small business community in support of a wide range of Hispanic and general small business activities.
In his new position, he will be representing Latino interests with senior executives of a great many Fortune 500 companies and government agencies both federal and local. The Coalition has assumed a significant bi-partisan political posture and will endorse policies and candidates consistent with the interests of the Latino constituency.
Aside from his Hispanic activities, he remains in great demand as a speaker, panelist, advisor or commentator on issues of concern to small business interests and those major corporations and government agencies that impact growing companies on a daily basis.
As a young man, he helped his father manage a family restaurant, an export/import business and construction company. After receiving his Bachelor’s degree in Business Administration from Rockhurst University in Kansas City, Missouri, he worked for the Miller Brewing Company as the South Texas Area Manager. In 1986, he moved to California and founded Barreto Insurance and Financial Services, responding to the needs for Southern California’s rapidly growing population. He later became a securities broker/dealer specializing in retirement plans.
Mr. Barreto is a native of Kansas City, Missouri. He and his wife Robin have a son and two daughters.