Hello, friends! 👋👋🏼👋🏾Today's a great day to do something to either start or grow your small business. Stuck on what to do, where to start or how to pivot? Maybe you just need some motivation. Every now and then, I like to just list tips, quick and dirty.
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DANIELA HENAO MORENO – CO-FOUNDER & CFO OF DEFY TRENDS
BEST KEPT RESOURCE:
“A resource that I would recommend to everybody in the space [are] resources from the Y Combinator. And this is free. You can literally create your account with the Y Combinator. And they walk you through absolutely everything. Like how to set up an LLC. What’s the difference between that and a C Corp. All the terminology that, for us, was new when we first started - but is important.”
NORKIS FERNANDEZ-VALDEZ – CEO, REAL ESTATE BROKER & OWNER – LA ROSA REALTY
BEST WAY TO ENCOURAGE DISCIPLINE AND CONSISTENCY:
“Sometimes, we have that limiting belief that if we don’t do it, it’s not going to be done correctly. I schedule my calendar. I time-block. I time-block everything, even my exercise. My meditation. Everything is time-blocked on my calendar. And I try to stick to it and follow through. Even my TV time. I don’t watch too much TV. But if there’s a specific show or movie or, you know, or season of something that’s going to premiere – or the awards, Oscars, or whatever, I put it on my calendar.”
CESAR QUINTERO – CEO AND FOUNDER OF THE PROFIT RECIPE
THE TYPE OF INTELLIGENCE YOU NEED TO HAVE:
“I was at a conference the other day and they were talking about how IQ was a thing of the ‘70s and ‘80s. EQ (emotional intelligence) was more of the ‘90s and 2000s. Now, it’s about AQ – which is adaptive intelligence… Things are changing so fast and everything’s happening so fast that it’s no longer how I feel about this that matters. It’s more like, how can I adapt? It’s the adaptive self and the adaptive intelligence.”
ANA GABRIELA ROOSEN – CO-OWNER OF KARINA LAKEFRONT MAINTENANCE
WHAT PEOPLE DON’T TELL YOU ABOUT BECOMING AN ENTREPRENEUR:
“Yeah, I think that there [are] a lot of hidden challenges. Like, you think that owning a business is going to give you more freedom… But it actually ties you more. It’s kind of like a baby. Instead of you going to work and being there for your 8 hours and being able to decompress when you get home, owning a business is like you have to be thinking about it all the time.”
KARINA PEREZ – CO-OWNER OF KARINA LAKEFRONT MAINTENANCE
BEST WAY TO APPROACH A NEW OPPORTUNITY:
“Don’t lose the opportunity. Be open. Don’t wait till the things get in front of you. You [look] forward. You need to go there. Nobody will go to you.”
TERE BLANCA – FOUNDER AND CEO OF BLANCA COMMERCIAL REAL ESTATE
BEST THING TO REMEMBER AS YOU LEAVE YOUR JOB TO START YOUR BUSINESS:
“Being respectful of your departure from wherever you are. Since you know there are contracts in place, oftentimes, there are all sorts of non-disclosures, non-solicitations, even non-competes and so on. Having a good exit to start your own business is a very healthy thing to do… and an important thing to do.”
YUSNIER VIERA – CO-FOUNDER & VP OF EDUCATION AT EDUCUP
BEST ADVICE ON MAKING A PLAN THAT WORKS FOR YOU:
“So my main advice is make a plan that makes sense to you. Don’t just - don’t listen to the podcast… of someone that is telling you to quit your job when maybe that someone doesn’t have a kid like you have… Ask the advice to someone that is close to you in terms of [your] profile.”
CARLOS RAÚL – CO-FOUNDER & CEO OF EDUCUP
WHY YOU MUST HAVE PASSION TO BECOME AN ENTREPRENEUR:
“You need a lot of passion… because if you don’t [have it], it’s extremely hard. And if you don’t feel that passion, at some point, any human in their sane mind is going to quit. That’s why you need that passion to just keep going and to keep pushing. I always feel like that. And that’s why we haven’t quit.”
YAMEL BARROSO – CO-FOUNDER & VP OF BUSINESS AT EDUCUP
WHY FAILURES ARE IMPORTANT
“Thanks to all my failures, I was able to do what I did and to be where I am today… And I believe the constant search for opportunities and A/B testing are super important. I’ve made a lot of mistakes, but that process wasn’t an error. It’s exactly part of success.” (Note: A/B testing is an experiment where you present two versions of something and see which version your sample market prefers).
LOURDES MOLA – FOUNDER OF LOURDES MOLA SOLUTIONS
WHY YOU HAVE TO GET OUT INTO THE COMMUNITY & GIVE BACK
“When you do well, people take notice… You’re going to be visibly absent from the landscape if you don’t go out there and give back. That’s so important. Especially as the new generation comes in. They’re looking at, how are you a good citizen? How are you giving back? What do you stand for? Because if they don’t know what your values are, they have no connection to you. And those emotional connections are big.”
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