Mexican entrepreneurs

Mexican entrepreneurs

Causes of failure on Mexican entrepreneurs

Mexican is a country fill with entrepreneurs who want to change their country and the whole world, contributing with fresh ideas on the business world, but, although they have everything they need to succeed, some of them do not know how to deal with failure and end up quitting. In this article, we will give you the main causes of failure in Mexican entrepreneurs and how to deal with them.

“Failure is unavoidable when you are looking to reach goals and become successful, you need to accept it and learn the lessons it has to teach you, that will make you stronger and will get you closer to where you intend to go”, said Salomon Juan Marcos Villarreal, president of Grupo Denim.

So why Mexican entrepreneurs stop chasing their dreams? Here are some of the main causes of failure:

  • Lack of plans – Successful entrepreneurs know the importance to set plans, write them down, follow them and modify them as much as it is needed, so if you want to start your own business but do not take necessary time to prepare your plans, be careful.
  • Start without funds – If you start your business without a backup budget, failure might reach you faster than you encounter success.
  • No action – Even if you have the best business model or the most interesting product, you will definitely get nowhere unless you take action.
  • Competition – Do not neglect your competition, or they will be more prepared and you will be closer to failure.
  • Quitting – Before you decide to enter into the complicated world of business, you must be aware that every successful entrepreneur has encounter failure many times, do not be so eager to quit on the first obstacle you encounter.

Salomon Juan Marcos Villarreal also added: “Mexico is a country with many talented persons with everything they need to become successful on the business world”.

Habits to develop your entrepreneurial skills

Habits to develop your entrepreneurial skills

Habits that will develop your entrepreneurial skills

An entrepreneur should always be working on developing his skills to succeed on the business world, by changing the habits and in this article we will show you how you can improve your abilities.

“Good habits can make you a successful person and bad ones can drive you to failure, so it is important to be aware of your habits and if they are getting you closer to your goals”, said Salomon Juan Marcos Villarreal, president of Grupo Denim, about this topic.

Here are some habits that will for sure improve your entrepreneurial skills:

  • Saving – It does not matter how much money you have, you should always having savings. You should always save at least a 25% of your incomes for incidentals.
  • Forget about comfort zone – Comfort zone is the most dangerous place to be, if you are feeling too cozy, it is time to move on and successful entrepreneurs know it well. There will always something different that you might have to do, it might scare you or make you feel uncomfortable, but you must understand that this feeling of inconvenience is part of your growth.
  • Control your emotions – This might be the hardest but one of the most necessary habits that any entrepreneur most develop. Emotional intelligence will allow you to separate your professional and personal life. We go through a lot of different emotions through the day, so the most you can take control over them, the most focused you will be.
  • Wake up earlier – The most successful entrepreneurs wake up pretty early in the morning, keep in mind that the earliest your day begins, the more things you will be able to achieve.

“There are plenty of different habits that a person can implement to improve the entrepreneurial skills, such as reading daily, resting well and surround by positive people, among many more”, said Salomon Juan Marcos Villarreal.

Importance of good partnership in business

Importance of good partnership in business

Importance of choosing great partnerships for your business

If you want to make big things, do them by yourself. If you want to make extraordinary things, do it with a team. This article is intended to show you the importance of surrounding by the right people and choosing the best partnership for your business.

“It is essential to work with the right people that aspire to the same things, search for success as you are doing it and contributes with ideas that will make your company grow up”, advised Salomon Juan Marcos Villarreal, president of Grupo Denim.

But how to know if you are associating with the right partner? First step and maybe the most important one is to trust that person, by trusting your instincts. If you ever think of making a partnership with a person who is highly recommended but you do not feel you can trust him, stop before it is too later. Putting everything in writing is as important as finding the right partner, so always make sure both sides know where the boundaries are, which role you will play and your compensations. A clear contract agreed by both parts is essential before you start any partnership.

Getting a new partner for your business will be, somehow, similar to marrying a person, you have to date him or her to know each other better before you take that very important decision of joining, and the same goes for business, if you want to know if your possible business partner is trustworthy, you must know him for at least one year.

If you have decided to get partners for your company, it will be recommended not to get more than two; many different opinions and way of thinking can cause trouble at a company.

“Partnership should be a tool to make your company stronger, get someone you really trust in, who has strengths that will complement you and ideas that will make your business become more successful”, added Salomon Juan Marcos Villarreal.

Becoming more confident in business

Becoming more confident in business

How to become more confident on business?

Being confident is a powerful tool that can open you many doors at business, so in this article we will give you tips that will help you improve your confidence every day.

“It is important to show confidence personal and professionally, and for that, it is necessary to be prepared, read and learn as much as you can as you will show your confidence on the way you act and the words you say”, advised Salomon Juan Marcos Villarreal, president of Grupo Denim and a Mexican entrepreneur.

Confidence will give you advantage on business, if you want to improve it, here are some tips that will help you achieving it:

  1. Read – You will always have a different view about things when you read. The more you read, the more prepared you will be to talk about any topic, which will make you feel confident to establish a conversation with anyone.
  2. Keep yourself inform – We are not talking about listening to the news all day long as that will keep you on a constant level of stress. But when you are informed about the situations around you, you will be confident when you talk about a specific topic.
  3. Be humble – It is easy to make mistakes, what is really hard is to accept them, be humble and apologize when you have done wrong, that will help you walking in life with confidence.
  4. Be kind – We mistaken weakness with kindness and they are two different things. Being kind will make you look as a more confident person with everyone around you, and will also produce that others will treat you better.

“Every person has characteristics that make them unique and strength that will give them the confidence to stand out from the rest, but it is necessary to identify them and work on them to improve the self-esteem and become better every day”, added Salomon Juan Marcos Villarreal.

Starting a business from zero

Starting a business from zero

How to start a business from zero?

Every successful business has once started from a dream, and many famous entrepreneurs started their project from zero, if you want any ideas to start your own business the same way, keep on reading this article.

“An entrepreneur must face many challenges on his way to succeed, he must be prepared to face and overcome failure and to handle success too”, advised Salomon Juan Marcos Villarreal, president of Grupo Denim, about this topic.

Here are some ideas that will help you starting your business from zero:

  1. Check on the market – It is not enough to know what your competition knows, you need to go further, submerge on the market, study it as a professional, that will give you a clear advantage over the rest.
  2. Trace financial goals – Every successful entrepreneur knows the importance about setting goals, as that will impulse you working harder not only to get them but to go farther than that.
  3. Sell – If you do not like sales, you might have to think twice about becoming an entrepreneur. Selling will make you reach your financial goals in short terms.
  4. Enjoy the travel – Entrepreneurship is an adventure, a travel you must enjoy; otherwise, you will be constantly thinking about quitting whenever you face any challenge.
  5. Create a list – When you start from zero, you will have to look for customers for your product or service, making a list of contacts will make you find them easily at the beginning. Networking is one of the most powerful tools that new entrepreneurs can use.

“The way to succeed is not an easy one, so only those entrepreneurs who have a clear vision of what they want to achieve will be able to persevere through the obstacles, you can always start a successful company from zero with the right tools, persistence and patience to make it happen”, added Salomon Juan Marcos Villarreal.

Improving your image as a leader

Improving your image as a leader

How to improve your image as a leader

To begin with this topic, we must be very aware than a job position does not turn a person into a leader, as it involves several of different characteristics and in this article, we will help you improving your image to become the leader you aspire to be.

“A leader must inspire respect and trust, must become a person that wants to be followed, instead of a person that must be followed, a true leader is always trying to develop himself personal and professionally”, advised Salomon Juan Marcos Villarreal, a Mexican entrepreneur and president of Grupo Denim.

But how to take care of your image as a leader? Here are some suggestions we hope you find useful:

  1. Verbally – You should be able to communicate with other persons in a clear way. Verbal communications consists in what you say and write; make sure you express what you really mean to.
  2. Not verbally – How you act and react and the way you dress will say more than you can imagine, so you should be conscious of your posture, gestures and the clothes you choose every day. Your body will express your security, remember that.
  3. Every leader must be very aware of his goals and where he is heading his team to; otherwise, he will choose any available ways that cannot only affect him but this whole company. Know your vision and accept your mission responsibly.
  4. A leader will always set the example, if you want your team to dress formally, you must be the first one wearing impeccable clothes, which does not mean spending lots of money on clothes but choosing the right ones and making professional outfits with the garments in your closet.

“A leader must be able to transmit his personality, knowledge and experience, these tools will make him capable to lead a group of people to reach their goals as individuals and as a whole team”, added Salomon Juan Marcos Villarreal.

Emotional control techniques for stress

Emotional control techniques for stress

Emotional control techniques that will help you overcome stress

Most entrepreneurs are under very stressful situations most of the time, this is a physical and mental state that can impulse you to reach your goals, but it can also be harmful when it is not handled the right way, so in this article we will show you emotional control techniques that will help you leading with stress.

“If you do not handle stress and allow you to handle your life, you can damage your business, your personal life and your health, as stress is related with serious diseases, so it is important to find your way to handle it correctly”, said Salomon Juan Marcos Villarreal, president of Grupo Denim, about this topic.

There are three main stress phases:

  1. Alert – When your organism is prepared to produce as much energy as needed to solve a situation.
  2. Adaptation – When you are continuously under stressful situations.
  3. Exhaustion – When your stress is chronic and you feel anxious, your body will start responding with health problems.

There are multiple emotional control techniques that will help you control your stress levels. Here are some suggestions you might want to practice:

  • Deep breathing – Breathing deeply constantly will help you control your physiological reactions. Inspire deeply and count to 4, hold your breath counting to 4, let the air out while you count to 8.
  • Controlling your thoughts – When you start feeling nervous or anxious, it is important to identify your negative thoughts and turn them into positive ones.
  • Muscle relaxation – Sitting down in a comfortable position, closing your eyes and relaxing all the muscles in your body slowly will decrease the levels of stress considerably.

“As an entrepreneur, it is hard to avoid being under stressful situations every day, but it is important to know how to control it instead of letting it control you”, added Salomon Juan Marcos Villarreal.

Applying an effective neuromarketing

Applying effective neuromarketing

Advices for an effective neuromarketing

Nueromarketing is a new science that consists of studying the consumer’s behavior in front of different advertising stimuli, this time we will give you some interesting advices that can help you making this process more effective for your business.

“There are plenty of different marketing strategies nowadays, as the consumers have many different alternatives to get what they are looking for, so it is important to find new ways to call the attention of potential customers, but it is also important to offer the best alternatives, as giving your customer more than what they expect is also a great publicity”, said Salomon Juan Marcos Villarreal, president of Grupo Denim, a jeans manufacturer company in Mexico.

Some of the old marketing strategies are not used anymore, so businessmen must look for new tools that will help them reaching more consumers, and that is why the neuromarketing is so important for them.

A company that wants to increase its numbers must learn to connect emotionally with its consumers, showing them how their product or service are going to solve the costumer’s needs, looking for their benefit instead of seeing the company’s profits only.

Neuromarketing has existed for more than 5 decades, but it has taken much importance in Latin American since 10 years ago. It consists of different investigation techniques that are in charge of studying the human mind and how it reacts to the marketing. With this information, a company can change their publicity according to the results to get more attention from its potential customers.

“We can always take advantage of the new technologies, and the different marketing strategies available are a proof of that, there are multiple different ways to connect with more people and make them know what you offer and why you are the best option to cover their needs”, added Salomon Juan Marcos Villarreal.

Handling your time productively

Handling your time productively

Handling your time productively

A successful businessman knows the importance on time and the advantages of seeing as an active, it is actually one of the most precious assets we own as we cannot recover it, and it is not like money, as time cannot be saved, the only choice you have is how to spend it. This time we will help you handling your time in a more productive way.

“You should always be conscious of how important it is the time you own, being wealthy is not necessarily about how much money you own but how much time you can buy with it, so use it wisely”, said Salomon Juan Marcos Villarreal, president of Grupo Denim and a Mexican entrepreneur.

Time is a resource that we commonly use in the wrong way, so as a businessman, must know that distractions are nothing but a waste of time, if you want to be successful, you must focus on it, that is one of the keys that millionaire entrepreneurs know.

If you want to spend your time in some other important things, the first need you must know is that you cannot do everything for everyone; a good entrepreneur must be able to delegate, and empower the personnel around you to take different responsibilities. That is why it is very important to surround yourself with persons you can trust in.

Technology is also of great help for persons, who want to have more free time for their own, but it is important to use it in your favor; otherwise, it will take more time trying to figure out how to use it or fix it than not using it at all. A systematized company can be highly productive when systems work.

“You are the owner of your time, so you are the one who decides how to spend it every day, just keep in mind that the time you lost the day before, will not come back”, added Salomon Juan Marcos Villarreal.

 

Diversity of talent

Diversity of talent

Diversity of talent: The key to grow up on business in 2017

2016 is almost over, so many companies have already planned their strategies to increase their sales, make their companies grow up and create more job sources, and although 2017 will be a year full of challenges for entrepreneurs, it is also proving to be an excellent year to strengthen strategies that will help them persevere, and, in this article, we will focus quality that will change the companies: diversity of talent.

“Entrepreneurs must see the many benefits that the diversity of talents within a company can carry on, as it is only with a strong teamwork that a company can stand firm through the obstacles”, said Salomon Juan Marcos Villarreal, a Mexican entrepreneur and current president of Grupo Denim.

Organizations looking to have competitive advantages must know the importance of diversity among the members of the company, as each one can offer different abilities that will represent a benefit.

Accepting diversity of talents within a company will mean you will have more alternatives as all members of a teamwork will contribute with their ideas, improving the projects and making it easier to take the best decisions.

Heterogeneity on your company’s talent will help you entering into more markets, and by being more empathic with your customers, you will discover more loyalty from them with your company, decreasing the numbers of your sales and your whole business.

Those companies who embrace diversity have a clear competitive advantage versus their opposites. Some of the biggest enterprises have already noticed its importance and have taken the necessary actions to include more personnel when taking decisions.

“Inclusion and diversity bring many different benefits to a company, by having different perspectives, you can take better decisions for your company’s growth, so it is important to consider the talents of each member of your teamwork”, added Salomon Juan Marcos Villarreal.