Entrepreneurial Journal

Once you create a web business, you have to work on it every day. It is a big ilusion think that after you have your on-line store it will start selling by itself. I saw some videos this week that give good hints for web business. I liked the idea to focus in one product and try to have at least twenty salles of it a day. after you achieve this result you are ready to grow your inventory or products to offer in your business. Another good hint was to search in Facebook, Instagram and Pinterest the trends related to your product. You have to discover if your product has a demand, if your product has demand more chances to sell it. Work with ads on Facebook, Google ads and Instagram is vital for people know that you are in business. As soon you have your first sales you have to understand that you must reinvest a big part of your profit in your business, to keep things going, ads, new products among other things. I will let a link from a video that I liked that explain well how to ...

Yes! after a long period of darkness I surrender to web marketing. This semester I started studying about web business and e-commerce. It is amazing how important it is for your business. In short you will launch your business in the world, but there are some important things to do or make before launch your business to the world. I read an article that call my attention as a beginner in building an e-commerce biz  , this article says something that we need to prepare our business: 1. Domain registration 2. E-commerce software 3. Design 4. Payment Gateway 5. Hosting 6. On line Marketing Maybe if you are thinking about start your e-biz and read it you may wonder that it is so complicated and give up the idea, but I can tell you for my my own experience, that is much easier than you imagine. Today there are many sites that helps you to open your website in a simple way, tools such as drag and mach, copy and past among other simple tools that helps you to build your website. ...

Yesterday, I had a very interesting situation, that I would like to share. This experience brought me a deep reflection, about my responsibilities and judgments. Three weeks ago, I hired a new salesperson to my team, as I was traveling to UK. two days after he started working with us, I asked my manager training him, I made a schedule with the manager, pointed things like: What to teach him and what would be his function in our company. During my stay in London, I was always asking my manager how was the new guy, if he was learning well, if he had some difficulty and everything related to his training. She (my manager) reported that, was all good, he had some difficulties but that is fine. When I arrived from my trip, I call the new guy and asked him to show me how to sell our product. the demonstration was a total disaster! I was terrified! I call my manager and asked her, how was the training to him. She explained and she started to say that he was very slow, and many problems, t...

I  consider myself a privileged person.  I was born from great parents, have the opportunity to know and live with my four grandparents and learn from them. I also have a great wife and two wonderful kids. I also have the opportunity to run my own business and with a great team. I have the opportunity to study in a great university and also know what's is right and wrong.      Right now I'm in a business trip in UK.  That is  an amazing country! While I'm here I was thinking about business.  Nowadays there are different ways to deal with people.  The behavior changed, the demands now are different,  there are many new techniques to learn and many books and courses teaching how to deal and negotiate with people. Now we have the web business that changed the way we deal with people, business model and the decision making process from customers are changing a lot!      With all these changes, there is one thing tha...

I was thinking about the changes that I have passed in this three years. In 2015 I started study again, but this time I was decided to start studying not with the goal to graduate in a certain period. I decided to study with a simple objective, Learn and apply my knowledge, I wanted to improve my life and the life of those who are around me. In this short time I studied mainly about finances and how to manage a business. The interesting was that I realize that I had to call someone to deal with our finances and "manage" our business while I was learning how to do it better. The other interesting thing is that the things improved! But the people next to me, think that the things improved because of the new finance police we adopted and because the "new finantial manager" we have contracted. It is so funny!! We are having better results with the sales department, with the pedagogical department, with the customer relations department, human resources department and ...

          "We are programmed at an early age to think that failure is bad. That belief prevents organizations from effectively learning from their missteps." by Amy C. Edmondson           People that learn how to learn, have more chances to succeed in life in relationships and in business. If we learn from our mistakes, we will progress. However, the best way is avoiding mistakes, and to avoid mistakes, you must have your mentors, take advices from them and act according instructed. Sometimes we want to try new alternatives, and the most cases we fail, but the question is: Is this wrong to try new ways new alternatives, new paths? For sure not! But you don´t need to try it alone. Talk to others listen to their opinion and after just after, take the decision.           You will fail! Fact. After failing you have some options: 1.        1.  Learn from it. 2.     ...

When we talk about family business we have to understand the fundamental role it plays in America's economy. Make up 80% of all U.S. businesses. Generate 40% of the nation’s GDP. Employ half the nation’s workforce. Comprise one-third of the Fortune 500 companies. But we have a problem with this business model: §Unfortunately, only 30% of first-generation businesses survive into the second generation. §Of those that do survive to the second generation only half make it to the third generation. §Why?  No management succession plan! How to make a succession plan? How to manage a family business? There is a blog that give  12 hints   on how to do it. Its extremely important to have well established the rules and to have a formal plan of ownership. Set some boundaries.  It’s easy for family members involved in a business to talk shop 24/7. But mixing business, personal and home life will eventually produce a volatile...