Coahuila overcome the “investment drought”

coahuila

Coahuila has overcome the “investment drought”

Coahuila, an state at the North of Mexico, was a great point for new businesses and investments; however, this part of the country faced difficult times for more than a decade, due to different issues that were holding investors from coming to this state and trying to invest their money; however, this “drought” is finally over, and after 12 years of low investments, Coahuila has been once again a point of interest for new investments.

“Coahuila is a great part of Mexico to invest on, the infrastructure, manpower, and closeness to the United States, makes this part of the country ideal to start new growing businesses, Laguneros are great people to work with, and the companies are noticing this more than ever, making this state very eligible to open new commerce”, said Salomon Juan Marcos Villarreal, president of Grupo Denim, a jeans manufacturer company in Mexico.

John Deere and Caterpillar were some of the last huge enterprises installed in Torreon from 2002 to 2004, meaning that for 12 years there were not big companies getting closer to Coahuila, but in 2016, enterprises such as Yura Hiungson, Lear Corporation and Yazaki have shown their interest in investing on the north part of Mexico.

Jaime Russek, director of Desarrollo Económico in Torreon, a City in Coahuila has informed that what used to be a “disadvantage” for this part of Mexico has been some of the greatest competitive advantages now, such as cheaper ground than many other sectors in Mexico, qualified manpower, and lower rates than most of the other competitive cities.

The new investments have meant an important increase of job sources in Coahuila, with a decreasing unemployment rate that passed from 7.1 to 5% only, which has made them get into the national range average. Back in 2008, Torreon, one of the main cities in Coahuila, has kept one of the highest unemployment rates, which is changing with these new companies coming to the north part of Mexico. Yura, for example, will create 4,000 more employments, Hiungson 700 and Yazaki 600 more.

These new job sources will be available for many people looking for a job, which will mean another important decrease to the unemployment rates in Coahuila

“I personally like to see how Coahuila keeps on growing up, investors are considering this part of Mexico seriously once again, which are great news for people at Coahuila and Durango too, as both states keep a very close business relationship”, added Salomon  Juan Marcos Villarreal about this topic.

Improve the family’s economy

improve the family’s economy

How to improve the family’s economy?

One of the main challenges within a family is to find better methods to improve the economy, and this can only be achieved by having a good planning of finances, this is a task that involves all family members, as it I everyone’s responsibility to live a healthier life (economically talking), so today we will give you some ideas to improve the economy at home.

Salomon Juan Marcos Villarreal, president of Grupo Denim, talked about this theme: “improving finances at home must be a compromise of all members, there can only be changes if all are willing to make them, having savings for any incidentals will let you and your family to live with ease”.

If you want to improve the family’s economy, here are some things you need to avoid:

  • Having more than one credit card – Remember that all credit cards will charge you for interests, so you need to think twice before deciding to use it.
  • Pretending there are no debts – If you owe money to a bank, friend, family, remember to always pay on time, which is the only way of getting rid of unnecessary debts.
  • Not saving – One of the main mistakes is not to save for the future, many people live in the present, and even when this is good, when talking about your family’s calm, it is not the best option, save as much as you can every time you receive your wage, remember these savings can help you for any unexpected circumstances, such as accidents.

“It is important to have a healthy economy, to be prepared for any eventuality that we can face and sleep well knowing we have a backup that will help us, such as savings to support your family when needed”, added Salomon Juan Marcos Villarreal.

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/

IFAI

IFAI

The Industrial Fabrics Association International IFAI

The Industrial Fabrics Association International IFAI is a not-for-profit trade association comprised of member companies representing the international specialty fabrics marketplace. Member companies range in size from one-person shops to multinational corporations. Members’ products cover the broad spectrum of specialty fabrics and include fibers, fabrics, end products, equipment and hardware. IFAI is the largest, most comprehensive trade association serving this industry, and provides value to its members through:

  • Trade shows and events
  • Publications
  • Divisions and country sectors
  • Sourcing and information hotline
  • Technical services
  • Legislative updates
  • Business services
  • Certification and awards programs
  • Educational programs
  • Industry resources

A series of strategic moves including targeted marketing to visitors, good location, involving suppliers in show marketing efforts, return of a keynote address and expansion of the market application inclusions helped the Roseville, Minn.-based Industrial Fabrics Association International (IFAI) host a successful IFAI Expo 2015 recently in Anaheim, California.

In 2015, IFAI continued to define several distinct markets within its show Specialty Fabrics Expo, Advanced Textiles Expo and the newly added Shade & Weather Expo, but combined them under one event banner called IFAI Expo. Each section had its own education track and separate physical space on the show floor.

The aisles in the Specialty Fabrics and Shade & Weather sections were filled until the end of the opening day and continued strong on the second day. According to show management, more than 5,500 people registered for the show, which represents approximately 30-percent growth over last year’s event held in Minneapolis. Equally exciting for the exhibitors was that more than half the pre-registered visitors said they were first time attendees. The number of exhibitors also grew slightly to 376.

The Industrial Fabrics Association International (IFAI) from California location also attracted a higher than typical number of companies from Mexico as Grupo Denim, in addition the exhibition hall was definitely very positive said Salomón Juan Marcos Villarreal the president of this company.

Corruption in Mexico

Corruption in Mexico

Corruption in Mexico, a growing problem

Corruption has existed on humanity since long time ago, and this practice has become a tendency in all type of organizations, which begins when a service provider or company tries to take an economic advantage by conditioning their help to people who is needing those services or products.

Among many of the problems caused by corruption acts, we can find the a reduced credibility and legitimacy in an institution or the government, especially when acts of this type keep on happening and are seen as a more natural practice every day.

“Corruption brings with itself some other consequences, such as extortions, frauds, influence peddling, loss of ethics among some other problems. This is why it is very important to avoid making these practices that will only benefit those parts who will try to take advantage of these acts”, commented Salomon Juan Marcos Villarreal, president of Grupo Denim.

In Mexico, there is a widespread culture of illegality, which means that a huge number of persons for which law does not exist. For this reason, recipients and beneficiaries believe that a simple “bribe” could accelerate any procedures and prefer to do it than to going through a bureaucratic system.

The corruption acts damage a big amount of Mexican enterprises, as well as Mexican people, as once they pay to make processes faster, they have to pay an amount that would affect their finances, as the only benefited person is the one who receives bribes.

“Corruption is a part of a social phenomenon that attacks all social classes, it is through corrupt acts that a person can make a fortune at the expense of the others, for this reason avoiding any type of corruption will benefit us all”, 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.