The Favorites List of 2022 - Part Two
Some of the Best Tips for Starting a Business - Courtesy of Latino Entrepreneurs Profiled in Generation Si!
Here we go, friends! đđżđđđ˝ As we say goodbye to 2022, I wanted to share a list of some favorite quotes from Generation Si! stories from the second half of the year.
Note: If you want to see the list of favorite quotes from the first half of the year, just click here.
If you found this list useful, share it with friends and those who you think might benefit from it by clicking on the red button below.
THE TIP JAR - SOME FAVORITES
BEST TIPS WHEN STARTING OUT:
SEBASTIAN GARCIA - FOUNDER, THE LAPEL PROJECT & WINNER OF A DEAL ON THE âSHARK TANK" TV SHOW:
INDUSTRY: Retail (Formalwear)
âWhen you start a business, youâre going to encounter things you canât fathomâŚ. Itâs like driving a new car. You go too fast. And [if] you donât know how to drive it? Youâre going to crash. But if you drive slow[ly], youâre still going to crash. But youâre not going to go out of business.â
To learn more about Sebastian Garciaâs advice and experiences on âShark Tank,â click on this link to read Part One and Part Two.
SANDRA SHORTER, Ed.D. - FOUNDER & CEO, THE NAKED CUPCAKE
INDUSTRY: Food (Confections/Baking)
âThe first thing they need to do is [to] get connected with their local Small Business Development Center. It is a wealth of resources. And you should start to network right away.â
âBelieve it or not, I YouTubed⌠what to do at networking events."
She says it gave her great ideas because she just didn't know what she would say to people at the events.
Shorter says she also learned a lot from author and motivational speaker, Rachel Hollis.
For example, she learned, âI think you need to recognize that youâre solving a problem that, if you donât sell to your customer, you have to think about them not having a solution. Youâre doing them a disservice.â
To find out what else Sandra Shorter, Ed.D. recommends for aspiring or current entrepreneurs, especially those who want to start with a food truck, read Part One and Part Two.
BEST TIPS WHEN STEEPED IN SKILLS (mid-career):
MERCEDES GOMEZ, CPA - FOUNDER AND CEO, INTENTIONAL HEALTH AND WEALTH:
INDUSTRY: Financial Planning/Personal Finance
âFor someone who has a family, I think itâs important to speak to your spouse.â
âMany times, when weâre single, we can just eat rice and beans and kind of [bootstrap] ourselves. But when it comes to having a spouse and children that expect a certain level of resources,â she says itâs different.
Gomez intentionally uses the word âresourcesâ instead of âmoneyâ because she says, âI like to look at families as teams. And someone needs to watch for the nutrition of the rest of the team. And someone needs to watch for the care of the rest of the team.â
Mercedes Gomez, CPA has much more valuable advice to share. You can read it here in Part One. And hereâs the link for Part Two.
DIEGO SAMPAIO - CO-FOUNDER & CEO, GLOBALFY
INDUSTRY: Tech (International E-Commerce)
STEEPED IN SKILLS (mid-career): âGo to networking events from the community. So, for example, here in Florida, we haveâŚÂ Starter Studio.â
He says Starter Studio is an accelerator program with the UCF Business Incubator community that offers meetups and events for helping local entrepreneurs connect with each other.
Note: If you're not in Orlando, contact your local university and see if they can refer you to a similar type of accelerator program.
Interested in learning more information about Diego Sampaio's entrepreneurial journey and how it could help you, click on the link for Part One and Part Two.
BEST TIP FOR WHEN YOUâRE STARTING OVER:
HECTOR GARCĂA - CO-FOUNDER & CEO, INMYTEAM:
INDUSTRY: Tech (Home Health Care)
âTrust young people. Trust people that can help you with your business. Donât do anything by yourself. Try to get a team of people that are prepared and try to get them to help you. Look, the success of the business is not [coming from] the one that has the brightest CEO. But it might be the one that has the brightest team.â
To find out the other wisdom Hector GarcĂa has learned through his experiences, click on Part One and Part Two.
IâLL NEVER DO THAT AGAIN:
ALEX IRIGOYEN AZCONA: CO-FOUNDER & CEO, COFI:
INDUSTRY: Financial planning and management software (SaaS)
Irigoyen says, in the past, he didnât prioritize some tasks and projects correctly.
The lesson he learned and wants to pass along to you is to âorder your different tasks in terms of how critical they are.â
Irigoyen says to âorder the tasks from âmore critical to less.â And then he recommends you âfocus on 1, 2 and 3, the more critical tasks.â
Alex Irigoyen Azcona has lots more to suggest, if youâre in entrepreneurship mode. You can read it all here.
CARLOS PEREZ - FOUNDER & CEO, PEREZ TECHNOLOGY GROUP
INDUSTRY: Internet Technology Services/Cybersecurity
âUnderstand your craft and hone in on that⌠and hit it as hard as you can. Donât try to be the accountant. Donât try to be the marketer. Donât try to be the recruiter⌠More often than not, even if you do get decent at it, the amount of time you spent trying to become okay at something wouldâve been well worth it to pay an expert to just hit a homerun on it â because they do it every day.â
Ready to learn more tips from Carlos Perez? You can - right here in Part One and Part Two.
BEST LIST OF RESOURCES:
JAVIER DIAZ - CO-FOUNDER & CEO, OSI ENGINEERING
INDUSTRY: Talent Resources (Technology and Engineering)
These are some of the programs Javier Diaz provided that may be the right fit for you or that can point you in the right direction:
HITECÂ â Hispanics in Technology
ALPFAÂ â Association of Latino Professionals in Finance and Accounting
Latino Corporate Directors Association
LBANÂ â Latino Business Action Network
SLEIÂ â Stanford Latino Entrepreneurship Initiative
NMSDCÂ â National Minority Supplier Development Council
EY EANÂ â EY Entrepreneurs Action Network
If youâd like to learn more from Javier Diaz, just click on the corresponding links for Part One and Part Two.
BEST ADVICE FROM âLA CASAâ/BEST âHOUSEâ ADVICE:
EIKEL INDA AND MANUEL CASSOLA - CO-FOUNDERS OF CEDRUSMED
INDUSTRY: Tech & Mental Health
Eikel Inda says his mother always said to him, âNadie se come a nadie.â TRANSLATION: âNo one eats anyone else.â Inda learned from that not to be afraid of anyone.
Manuel Cassola remembers his grandfather telling him, âĂrbol que nace torcido, jamĂĄs su tronco endereza.â TRANSLATION: âThe trunk of the tree that grows twisted will never be straight.â Cassola took that to mean that a person who was crooked or shady could never do the right thing.
But he said that, while that quote stays with him, he actually disagrees with it. He believes that everyone, even those who grew up in a bad environment, have the possibility of doing good.
If youâd like to learn more from Eikel Inda and Manuel Cassola, go to the following links for Part One and Part Two.
TATIANA FERNANDEZ - FOUNDER & CEO, PANTERA TECHNICAL SERVICES CORP.
INDUSTRY: Medical Equipment
The best advice Fernandez got came from her daughterâs doctor, Dr. Vives, in Boston.
âHe just told me, âAlways use miel. Con miel, todo se atraye.ââ (Translation: Always use honey. With honey, you attract everything.)
For more valuable advice about overcoming personal and professional challenges to become a small business owner, read more about Tatiana Fernandez here.
đ´ Letâs connect on social media: Facebook, Instagram and Twitter
đ´ Thank you so much for your support for my independent publication!
đ´ Wishing each of you the very best for 2023! #theskyisNOTthelimit