Entrepreneur or Intrapreneur

Entrepreneur

Entrepreneur or Intrapreneur

Entrepreneurs and intrapreneurs know how to identify opportunities, quantify risks and start working to make their ideas grow up immediately in a creative and innovative way, except that one does it in an external environment, while the second one under an organization’s umbrella.

When we talk about starting something new, we usually think of starting a business of their own; however, during the last years, entrepreneurship has given a new concept for those persons willing to start new things on their own employment, which are the intrapreneurs.

“Entrepreneurs are always willing to take risks, once they have found a business opportunity, with financial intelligence, organizing the resources they have in hand to make it happen, and assuming potential risks they will have to overcome, that is how they are able to become successful”, thinks Salomon Juan Marcos Villarreal, president of Grupo Denim.

An intrapreneur is similar to an entrepreneur, except that he does not want to leave his organization, but is still able to identify new business opportunities that will allow a company to innovate its processes or products, making the business grow up, they are completely valuable for a company.

For an entrepreneur, their success will be remunerated with more earnings and a growing business, for an intrapreneur, their main reward is their achievements, having a successful vision within a company and the recognition of that organization they work for.

Knowledge is the main tool for both, intrapreneurs and entrepreneurs, so they are willing to learn, listening to experiences, read, and everything that will help them have a successful mind, prepared for business.

“Any person who is responsible to transform an idea into a finished product that is economically viable, take risks and innovate is a great intrapreneur and is capable to make a company grow up, create more profits and get new customers, these persons are essential to make a business succeed”, added Salomon Juan Marcos Villarreal.

Bad Habits You Can Drop Today to become ultra successful

Bad Habits You Can Drop Today to Become Ultra-Successful

7 Bad Habits You Can Drop Today to Become Ultra-Successful

These bad habits can creep up on anyone. Learn how you can eliminate them and boost your success. 

The internet is chock full of advice on which habits will boost your success–in the morning, nighttime, and anywhere in between.

To boost your success, below are some bad habits that I suggest you drop to make your way to the top:

Thinking of failure as a bad thing

When you redefine failure, you’re learning what does and does not work throughout your career. The important thing is to make sure that you actually learn from your mistakes, rather than repeating them time and time again.

Saying “Yes” to everything

To start, turn up your turn down skills: creating a polite, default response such as, “I’d love to help you out, but I ‘m honestly too busy,” will ensure that you maintain a semblance of a normal workload and prevent tasks from falling to the wayside.

Comparing yourself to others

Comparing that to someone else’s skill blueprint is a waste of time and drain on your success.

Believing in scarcity

A scarcity mindset is the belief that there’s only so much success to go around. In this age of hyper-competitiveness, thinking that someone else’s victory “steals” from your own success creeps on almost everyone.

Not setting the right goals

If you don’t set concrete goals towards your Genius Zone, then you are unable to channel your energy towards tasks that are leading towards success.

Being set in stone

Being determined and motivated is great. But don’t fall into the trap of mistaking determination for an unwillingness to change.

Believing self-doubt

Even when all the signs are pointing towards success, insecurity can easily kill your dreams. In fact, it’s so prevalent (especially with successful people), that it’s a full-blown condition known as impostor syndrome.

I can attest that the right habits will do wonders. However, the thing about habits is that they’re so ingrained in our minds and so routine that we barely notice them. That’s why many people, even some of the best entrepreneurs, are also stuck with habits that are creeping into their success commented Salomón Juan Marcos Villarreal, president of Grupo Denim.

Payment Plans

Payment Plans

Three Ways to Use Payment Plans to Get Paid Faster

It’s a few days before payroll is due, and you have three outstanding invoices over a week late.  One customer has promised that their check is in the mail, another customer asked to postpone their payment a week until their paycheck clears their account, and the third customer hasn’t returned a phone call or email in two weeks.  These scenarios are common for a small business owner, but the good news is that there are ways to help mitigate late payment issues.  Automatic recurring schedules aren’t just useful for your gym membership or car payments anymore; businesses in various spaces see the benefits of automatic payments.  Here are three things you need to know to make the switch to payment plans and get paid faster.

Get Authorization

Whether a customer is paying from their bank account or a credit card, valid authorization must be obtained prior to the first scheduled payment.  There are a few ways to have your customer authorize a recurring payment schedule – physically sign a form, authorize electronically, or complete an overriding contract/agreement.  Once you have a signed authorization from your customer, you can enter the schedule.

Set Reminders

Once you’ve set up a schedule with your customer, it’s a good idea to send them a recap of when they’ll be seeing debits from your business.  Whether it’s an email or a letter, you should make sure your customer has a copy of the terms they agreed to so they can reference at any time.  This should also help cut back on any future disputes or claims that a payment wasn’t authorized, and your business will also want to keep a copy of the agreement on hand for reference.

Flexibility is Key

One of the perks of using automatic payments is that you can project your deposits and know how much cash you will have available at different times.  However, sometimes unexpected financial issues can hit someone right about the time their invoice to your business is due.

Most importantly, no business can be successful without their customers; why not help make the way they pay your business as hassle-free as possible added Salomón Juan Marcos Villarreal, president of Grupo Denim.

Investing in a startup company

Investing

Investing in a startup company is now easier

It is clear that the future of the worldwide economy will be mainly pushed by the technological innovation. Over the last years, an innovated group of companies have emerged having as their principal function to solve problems by using the technology; these companies are called “startups”.

Having the technology as an advantage, these companies have such a great capacity of scalability, meaning that they could grow a lot without so many resources needed, which generates very attractive performance for their investors; however, it is also clear that these are high risk investments.

Did you know that if you had invested 1,000 pesos in Google back in 1998, you would have 42 million dollars by 2010?

Until a few years ago, investing in a startup could be a difficult task, only for millionaires or investment funds; however, by using Play Business we all could invest in a startup in a simple way by being part of the crowdfunding, which enables to invest 100 pesos per month to start in a company that we could think it is attractive and become a “player”, this is how Play Business call their investors.

Marc Segura, CEO of Play Business, gave some advises on how to invest in startups:

We accept the challenge and we have launched our marketing campaign called Surfing Digital, the first digital academy on how to learn about teaching how the most successful companies in the XXI century operate.

All the big companies that we see nowadays, started as a dream and so small, but by being persistent, action and investment, they have transformed industries. One of the best advantages of technology is that in the present, is so easy and simple to become a part of these startup companies.

“Technology is so strong, every business needs to be online in the present; otherwise, it is death”, said Salomon Juan Marcos Villarreal a successful entrepreneur from Mexico and president of Grupo Denim.

E-businesses taking popularity

e-businesses

Why are the e-businesses taking so much popularity?

E-businesses consist of introducing communication technologies to the regular activities in a company. This is a set of new technologies and business strategies to develop new business on line.

“Technology has helped us improving many aspects of our daily life, Internet has helped us breaking down communication barriers, as we now can communicate with other people at the other side of the world in a matter of seconds”, said Salomon Juan Marcos Villarreal, president of Grupo Denim, a jeans manufacturer in Mexico.

E-businesses are not a technology business; it is actually any type of affairs using technology to improve their negotiations.

E-businesses have been a radical change to the traditional concept of buying, and this arose as an effect of globalization and the need to access to different markets and resources all over the world.

This new concept of doing business gathers all type of economic activities done by the Internet, such as buying, selling products or services.

The only universal requirement to run e-businesses is to have a computer and access to the Internet.

Here are some of the main advantages of the e-businesses:

  • Making business at the same moment your customers access to your site.
  • Having a direct relationship between a customer and a vendor.
  • No need to move from your office to make businesses.
  • Saving time and money
  • No need to have a physical location

E-business can also present difficulties, as customers have better access to the information and the comparison between vendors offering the same service or product is faster, which makes competitiveness harder.

“We are all trying to improve our business and make it simple for our customers, and the Internet is a great tool to have a faster and improved communication with them”, added Salomon Juan Marcos Villarreal about this topic.

E-Commerce killing big retail stores

ecommerce killing big retail stores

E-Commerce killing big retail stores, should we all get on line?

Internet crushed our life upside down. Nowadays we can have friends from the entire world; we can have web conferences, get any kind of information in an instant and buy all kind of products.

The first online stores sold books back in 1992, and now you can buy everything on internet: clothing, tickets, electronics, etc…The only troubles that this system is facing is that the customer does not see the goods and the wait time because when we go into a retail store we see something that we like, we take it and we buy it; however, there are a lot of benefits on the on line shopping and this is why it is getting most popular every day, especially because of the costs, on line stores are much cheaper than a retail store. No rent and bills get paid, only web hosting and technical support.

Right now, all the brands are building their stores online because life is getting by so fast that people do not have enough time to go and buy from retail stores anymore, they want everything to be fast and easy, housewives order their market on line and they can have it on their door by the next day, we can buy our favorite jeans or presents at the same time without running thru all the store.

Jeanswear brands are putting all their collections on line and they are increasing their sales, production orders are increased to contractors and manufacturers in this sector.

Grupo Denim, a manufacturing leader company in Mexico, reports a sales increase after putting a website with all the company information and provided services. For Salomon Juan Marcos Villarreal, its president, even if the ecommerce represent the closing of so many retail stores in the beginning future and even if Grupo Denim does not sale jeans on line, their services are offered on its website and this has been a great jump for the company business. “As Bill Gates said: If your business is not on the internet, then your business will be out of business”, said Salomon Juan Marcos Villarreal.