Entrepreneurship and its truth

Entrepreneurship and its truth

Entrepreneurship and its truth, before making a decision

Today’s circumstances make entrepreneurship an option for recent college graduates or experienced persons that wouldn’t like to be involved on a job life anymore. Also, we are always listening to official speeches about supporting programs for entrepreneurs.

Entrepreneurship is without any doubt , an option; however, it is important to say that it is not for all people. The enthusiasm plays an important role in order to have that sparkle that turns into a enlighten flame. There are some things to review before you decide to become an entrepreneur:

Entrepreneurship as a full time activity: A project, even if it’s just an idea, requires full attention and enthusiasm to get it done. It is not about a hobby, it is a serious plan that will require all the work needed. There is no vacation at the very beginning. It is true that the time is flexible and the possibility to work for objectives instead of just be at the office accomplish work hours.

  1. The entrepreneur is the person that has the main responsibility and is the one that has the rhythm and speed of the business, this is why this person is the one that should be the leader and schedule the team.
  2. An entrepreneur must understand the concept of sacrificing starting with his own salary. Salaries depend on a business growth and they could be very low in a long term; however, if the project grow, salaries will also grow. Patience is one of the qualities about entrepreneurship.
  3. Pro-activity is a must for an entrepreneur. It is necessary to be a cooperative person that likes to help other people. This person will need to be open to changes because there might be change of plans at any time.
  4. Technological component is very important for every person that would like to become an entrepreneur. Nowadays, it is mandatory to be updated and understand the market tendencies, take advantage on the time and money saving, also making sure that the project is going on the same direction as the technology is. It will be very sad that in a short period of time the project could be replaced by a machine.

Salomon Juan Marcos Villarreal, a successful entrepreneur from Mexico and president of Grupo Denim, thinks that entrepreneurship requires ideas to make things better; therefore, vision is the most important thing to take into account. “ We always need to explore the market and be able to explain very clear which are our objectives, how we are going to accomplish them and wanting results, if we do not know these things, our project will be nothing but an illusion”, explained Salomon Juan Marcos Villarreal.

Realities of entrepreneurship

Realities of entrepreneurship

Realities of entrepreneurship that you must know

Every entrepreneur needs different time in order to decide and begin any businesses, and there are some realities that they need to know so they are well prepared if they have decided to go on this new adventure.

“The world of entrepreneurship is full of challenges that only those with enough will and determination will overcome and keep on going until they reach their goals”, said Salomon Juan Marcos Villarreal, Mexican entrepreneur and current president of Grupo Denim.

Here are some of the realities of entrepreneurship that everyone needs to know.

  • Success is not immediate – We live in a very demanding world, which makes us be in a hurry, even when we start a new business, we need to see results right away or we think we are not being successful, but the reality is that most of the new business will only grow up if they go step by step, the only key to succeed is to be constant and patient.
  • No more fixed hours – When we have a job, we most likely will have fixed hours, but if you have decided to start your own business, this will change, but always remember that even when you will have to work harder and even more hours than in a job, you are making if to reach your own goals and make your dreams come true instead of working for other one’s dreams.
  • You will receive negative answers – Even if we want it, the truth is that no one thinks the same way we do, so an entrepreneur needs to keep this mind as they are going to receive many negative answers when starting their own businesses and offering their products or services.

“Entrepreneurship is a very interesting but also challenging world, if you have decided to start your own business, you have to be aware of the challenges you will need to face, and with patience, effort and a clear goal, you will succeed if you do not let obstacles let you down”, added Salomon Juan Marcos Villarreal about this topic.

Type of entrepreneurs

Type of entrepreneurs

Type of entrepreneurs on the business world

There are many type of entrepreneurs on the business world, each one with very specific qualities but all of them with a something in common: they are usually chasing success.

Salomon Juan Marcos Villarreal, president of Grupo Denim, a Mexican manufacturer company thinks: “It is not easy to risk by start something new, but the successful businesses have behind some great entrepreneurs that have overcome their fears and dared to do something different”.

Here are some types of entrepreneurs, do you feel identified with any of them?

  • Visionary – They are versatile and really adaptable to any type of environment, they are passionate and persuasive as well.
  • Investor – This type of entrepreneurs have a clear and outstanding vision to overcome all crisis they might face. He is always looking for new opportunities to begin new projects.
  • Hunter – He or she have a very rational mind, usually analyzing all angles, and always ready to take every new opportunities.
  • Specialist – These entrepreneurs are great at finding where they could be making mistakes and what they must to change.
  • Persuasive – They have an unwavering self-confidence, some might think they trust their projects so much that they sometimes deny the reality, but it is the opposite, they know that even with the odds against them, they can always find a way out to keep on succeeding.
  • Intuitive – Intuition is very important to succeed, and these type of entrepreneurs have a special ability to find the spaces where they could be great opportunities and to walk away from the risky ones.

“Entrepreneurs have a great personality, empathy and are willing to listen to others as much as they are willing to learn, to be good at set out something new, you need to be well prepared, ready, keep on asking and listening to other’s ideas and advices, surround yourself with positivism and you will be able to succeed”, added Salomon Juan Marcos Villarreal.

If you want to know more about the business world, you can visit us at: http://manufacturersbusiness.com/

Personal development

Personal development

What is personal development and how important it is to succeed

Personal development was first introduced by Abraham Maslow, who showed a hierarchy consisting of needs represented by a pyramid, where the personal fulfillment occupied the apex, this fulfillment is defined as the wish or aspiration to turn into that person you really want to be.

Salomón Juan Marcos Villarreal, president of Grupo Denim, an important manufacturing company in Mexico says the following: “The complete knowledge of oneself is very important, as that is the only way to see the faults and how we can improve in all senses; this process is known as personal development. To increase the consciousness will help to grow as a person and succeed personally and professionally”.

Many companies know the importance of hiring motivated personnel, and to help them improving their personal development, which will encourage them to work together and make a successful work.

In the past, some of the biggest and more important companies saw their workers as a part of a big gear, but this though is now considered as obsolete. It is important that each employee is treated individually, to stimulate and use their talents and particular virtues and this can only be achieved if they work within a friendly environment, with enough freedom for them to work easily and in a confortable way.

On any level of developments, whether it is economic, political, organizational, or self-esteem or personal, a good reference structure is always needed in order to determine if any improvement has been done since the development process has begun.

“Both, personal and professional development have the same importance as a person cannot aspire to succeed on a job if he or she are not willing to know themselves and see how they can improve personally”, added Salomón Juan Marcos Villarreal.

You will also find more information about entrepreneurs at http://entrepreneurs-news.com/

Steps for a great entrepreneur life

steps for a great entrepreneur life

Some basic steps for a great entrepreneur life

Talking about companies, there’s always convenient and also a need to have a strategic plan, which needs to come from a dream. If there’s a dream, there will be hard working and persistence to make that dream come true. To gather a great team of people that shares a same life spirit by developing and making their own dreams come true. As an entrepreneur, we need to choose co-workers that fill areas that are short of knowledge and ability , a team that is so cohesive but at the same time not selfish to let the members to perform and achieve their own goals and dreams by using the rule “I win, you win”.

To be a good leader is always a good example, motivating and cheering up the people, knowing our own limits, working hard but also being a humble person. Some people could think that the leadership idea is attached to the self-sufficiency, self-satisfaction and also prepotency but being a humble person is always necessary to accomplish and be successful, it gets to be authentic and capable to accept limitations, knowing that every person is important and recognizing our own defects.

There are a lot of books and conferences regarding leadership and managing, for Salomón Juan Marcos Villarreal, president of Grupo Denim, it is very important to use these tools for him to be a great entrepreneur but also a great leader for his people.

“I’m so proud of the great team I have, all what I have accomplished as a leader of a company is a result of all the hard work of thousands of people that trust in me as their leader, it is my commitment to them to continue working as hard as they do in order to continue building this great family”, said an enthusiastic Salomón Juan Marcos Villarreal.

Entrepreneur or businessman?

Entrepreneur or businessman

Entrepreneur or businessman, is there any difference?

Ten years ago “entrepreneur” word was barely used and businessman was all we had; however, entrepreneur term is now everywhere: politicians, media, institutions and big companies. Now, are there differences between and entrepreneur and a businessman?

Wikipedia defines and entrepreneur as a person that starts up a company assuming the risk or rewards of a given business venture. It could be launching new products in existing or new markets, they “see an opportunity” and organizes or creates a business. Wikipedia ends saying that “being an entrepreneur is one of the qualities that a business man must have”.

The entrepreneurship idea is vital and they live happy in an uncertain vision, they live by their dreams while being a businessman is just economic activity with specific goals and less emotional, they only seek for business management in a security environment.

From Entrepreneur to a businessman

Both concepts, entrepreneur and businessman might get confused as some companies started up as a dream and against all predictions, goes up to the next level. The entrepreneur accomplishes this, and even if the initial passion is still there, it could be less strong as it was at the very beginning.

“Changing the world” vision is lost and almost in a natural way, a technical profile is born with defined strategies , leadership, business management, etc. it all become more important because now the business gives money and benefits demanded by its employees and partnerships in the future.

It does not necessary means that entrepreneur ship needs to get lost, Apple as an example defines its self as the biggest start-up in the world, this same star-up culture is present in some others like Google or Facebook, then it is completely gone in companies like Microsoft, Oracle, SAP.

Salomon Juan Marcos Villarreal, president of Grupo Denim and a great entrepreneur, thinks that definitely there are some subtle differences for both terms, “not all entrepreneurs are businessmen and not all businessmen are entrepreneurs, I’ve been in the manufacturing business for decades now, and I still have the passion to continue, I agree that entrepreneurs are the best option for our actual economy”, said Salomon Juan Marcos Villarreal.

Young entrepreneurs

Young entrepreneurs

Young and successful entrepreneurs

If you want to see one potential entrepreneur, you have to look for a young person and challenge them to something they love, that will make them be as successful as they want.

“Young people has all of the power to succeed on their hands, they are passionate and are always chasing their dreams, which makes them potential entrepreneurs to begin some of the most important business of the future”, says Salomon Juan Marcos Villarreal, president of Grupo Denim.

Here are some examples of some young and successful entrepreneurs in the present:

  • Isabella Weems – A girl who used to baby-sit, saved a total of $350 and started her own business selling jewelry in 2010, with the money she started winning, she bought the necessary implements to manufacture here own jewels, her company , Origami Owl, grew fast and in 2011 it generated $280,000, in 2012, the incomes reached 24 million dollars.
  • Michael Sayman – A young Peruvian boy created Club Penguin App when he was only 13, winning incomes for a total of $5,000 dollars in only 3 weeks, he of course needed his mother’s support, the $99 to begin his business and the encouragement to succeed.
  • Henry Patterson – When Henry was only 9, he has already started 3 different businesses, such as an important candy shop. His entrepreneurial spirit has encouraged his father to teach him the strategic side of business.
  • Jasmine Lawrence – When she was only 11, she decided to create her own business with natural beauty products, as she could not find any on the market that she liked. Her company EDED BodyWorks started with a $2,000 capital and her business has grown so much it is now available of some of the main Supermarkets.

“Between a young and successful person, there are parents supporting them, in most cases, so it is important that we, as their parents, always cheer up our children to chase their dreams, they see opportunities where adults might not even look at”, added Salomon Juan Marcos Villarreal.

Types of entrepreneurs

Types of entrepreneurs

Types of entrepreneurs on the actual businesses

This time we will let you know all types of existing entrepreneurs. Of course, not all entrepreneurs meet exactly these descriptions, some might sometimes have a different mix of several of them:

  • Visionary – A visionary entrepreneur goes ahead of all actual tendencies and puts a great effort on business in order to have products of services that will be the key to a different future.
  • Investor – The investor is always looking to profit his money with new projects. He plays a role as an equity partner, which risk or implication is usually as a capital contributor advisor.
  • Specialist – The specialist businessman usually has a more technical profile, and when he starts a business project, all of this knowledge is focused on it.
  • Persuasive – This entrepreneur is the spearhead of all projects. He is in charge of convincing his working team and his figure is to always lead more than develop products or services.
  • Intuitive – He seems to always know where to start businesses. And he knows it because he is born entrepreneur, so doing this is part of this passion for businesses.
  • Businessman – This type of entrepreneur always know about the business’ world. Nothing is new to him, the businessmen are not afraid of taking risks, they like to consolidate projects more than to set them out.
  • Opportunist – He sees a chance and goes for it, the opportunist knows how to detect changes to make new business, knows the keys and always use them.
  • Vocational – This entrepreneur usually starts business just for it. All type of entrepreneurs have a little bit of this vocational type, they usually search for new adventures after they are able to succeed with their product, brand or service.

Salomón Juan Marcos Villarreal, president of Grupo Denim a Mexican entrepreneur commented: “It is very important to have different type of entrepreneurs on any company, so each one can contribute with ideas that will benefit their business”.

If you want to know about the Functions of a Supervisor in a company and some other different topics, visit us at:  http://manufacturersbusiness.com/

Enterprising women

Enterprising women

Enterprising women distinguishing on business

Many women have great ideas to start new businesses, but they do not have the whole tools to develop them until they become true. So in this occasion, we will dedicate this note to give advises to the enterprising women.

“An enterprising woman can achieve everything she proposes, by dedicating a great effort till she is able to turn her dreams into realities”, said Salomon Juan Marcos Villarreal, president of Grupo Denim, regarding enterprising women.

Here are some tools you can use in order to set out your own business:

Develop your idea – When you have a business idea the most recommendable thing to do is to develop it in a commercial way, this will help you to review the profitability and discover potential customers for it.

Check your environment – When you start with your idea, you must keep in mind that the success of your business will in part depend of its localization, so you need to identify in which place it will be more successful before you set it up.

Innovate – Sometimes you can create your business starting from an existing idea, the important thing to make it is adding your own details that will make it outstand from your competence.

Plan – An enterprising woman knows that it is all about planning, before you start running your business, you must have all aspects of it planned, remember to go step by step, check the real cash flow of your business and never compromise more patrimony than what is available.

Formalize it – Once your idea has been developed, and you have chosen the right place and after your business have been completely planned, it is time to go for it and formalize your enterprising, remember to have legal advice to protect your business, as, after all, your business will be part of your patrimony.

“It is only with enthusiasm and desire to succeed that everything can be done, enterprising women are able to reach all of their goals by working hard and never give up by the obstacles met”, added Salomon Juan Marcos Villarreal.

Mexico, a country of entrepreneurs

Mexico, a country of entrepreneurs Mexico, a country of entrepreneurs and great businessmen

Mexico is actually the second country with biggest potential for entrepreneurs, as they feel backed up and are not afraid of failure, reasons to strengthen decisions to open new companies in this country.

All over the world, Mexico has only been passed by Colombia as a potential entrepreneur, according to the Global Report of Entrepreneurs Amway, since a 56% of Mexican people respondents have confirmed they can see themselves opening up their own business, while the percentage of Colombian reached a 63%.

Among the characteristics that have Mexican excelled as entrepreneurs, you can see their tendencies to be their own bosses, their lack of fear against failure, and the support provided by the business nets, reasons that inspire them to open up their own business.

“Mexico has always been characterized to be a country who fights together to get ahead in business, even on small ones, which are a very important part for Mexican economy and job resources”, opined Salomon Juan Marcos Villarreal, a Mexican entrepreneur about this topic.

At least 7 of 10 entrepreneurs fear failure, which is a main reason for them to hold themselves from taking decisions to undertake business; however, this does not seem to be a problem for Mexico, since less than half of people polled, thought failure is not a good reason to worry about.

Financing and economic conditions offered to entrepreneurs in Mexico also play an important role, as a 77% of respondents confirmed to be able to start their own business with favorable economic panoramas to achieve it.

“Economic independence, having more time to spend with family, personal realization, economic support, helping other people by offering good salaries are some of the most important reasons to motivate Mexicans to start their own business”, added Salomon Juan Marcos Villarreal, president of Grupo Denim.