High-Impact Entrepreneurship

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Thinking globally: tips by Endeavor Entrepreneur Guibert Englebienne

This article is translated from Spanish and reprinted with permission from the Endeavor Rosario office in Argentina, which originally published the interview with Endeavor Entrepreneur Guibert Englebienne. All four Endeavor Entrepreneurs from Globant, including Guibert, will be participating in next week’s Endeavor Entrepreneur Summit in San Francisco.

Guibert is the co-founder of Globant, an Argentinean company that outsources information technology. Their principle objective is to create innovative software products that are attractive to a global audience.

In an exclusive interview, the CTO of the company explains why it’s important to think from day one about exporting, in addition to understanding the possibility for business reinvention and adaptation.

Globant has become an expert on some of the most relevant popular technologies, including social networking, videogames and mobile devices. It has also become one of the premiere companies developing specific practices around Google’s popular technologies like OpenSocial, Google Checkout and Google App Engine. Additionally, it has actively contributed to the Open Source community with different applications. These are not small achievements, given that they arose from a country in the middle of economic crisis in 2001.

The leaders of the company, all Endeavor Entrepreneurs, (Martín Migoya, CEO; Martín Umaran, COO; Guibert Englebienne, CTO; and Néstor Nocetti, VP Innovation Labs) have in common an entrepreneurial talent, knowing how to position themselves in the world and why it’s important to think about potential ventures as global ventures from day one. Guibert, the “creative brain” of the company, talks about these aspects and ends with three key pieces of advice that he believes make for a high-impact global business.

Did Globant start as a global business?

Normally, the feeling when starting a business is that you have to go to local markets and work with those you have a strong cultural tie to. We, for several reasons, had little luck in this manner because our market was in very bad shape after the devaluation of 2001 that forced us to look outside. We could have tried to go to traditional markets for Argentine entrepreneurs such as Spain, Brazil and neighboring countries. As it happens, we first studied the market for our services very well and found that 90 percent of the demand for these services came from the U.S., UK and Japan. That’s how we chose to go in the direction we did.

Can all entrepreneurship be thought of in a global manner?

There are some products out there that cannot be thought of in a limitless way because there are markets for different things. That is to say, to build a parking lot in the center of Buenos Aires or Rosario surely would create a good business but it is impossible to export. However, I think our location in Argentina wouldn’t traditionally have made us look outward. Now, we have the example of Brazil, which is a country that is focusing on its own development, and on the other hand, countries like Uruguay that are necessarily forced to look outside for market opportunity. Though the individual cases are different, they operate on a common principle. That which was traditional 15 years ago, focusing on your own pot, today is not. That’s a very important change that has to do with moving to a knowledge economy, allowing us to cross borders without problems.

What happens to those companies that were born looking at a limited market and grow up today in a totally different global landscape? Can you change your platform and go out into the world?

I think you can, but to be sure, it is much easier if you think about it from day one, because somehow this gives you a global focus and it will imprint in your corporate culture. This is not to say that companies cannot reinvent themselves. What’s more, if today you are not constantly reinventing yourself, it is more complicated to create and go to other markets because all the time your business is being challenged by competitors that you want to stay ahead of.

Can you learn to think in a global manner?

I think there are certain things one has to learn. Through Endeavor, I met and learned about a lot of business people and their experiences, and what I realized is that there are certain patterns that a company typically follows to be successful that largely has to do with the level of globalization in the company. In our case, the selection of markets had implications much bigger than one traditionally sees. For example, the level of competition that the company has, especially because we are not competing with other local businesses that people know, is really important given the global competition that you do not know. As an advantage, I think that the aristocracy that the countries in which we work are accustomed to, simplifies things, and tend not to put unnecessary blocks in the development of a new deal. I know many companies that are stuck in very slow decision-making processes, and are not always transparent, to win a contract.

What advice would you give to business people that are starting out with their company?

In principle I would say that the only thing that has not changed is that we live in a time of change. What’s important is to have the capacity to be curious about many things and have a high tolerance, above all the frustration, because they are tools to be competitive in the times to come. Perhaps in the midst of the boom it is not easy.

For our company to bring in talent and grow in the context of inflation is difficult, so we focus more on sales, so that inflation doesn’t pose a big problem. We evaluate the scenario and make the best of it. So a big piece of advice is not to fall asleep during seemingly bad times because opportunities can emerge in times of turmoil. In fact, we began to think about Globant during the crisis. When the dollar was 4 to 1 we saw an opportunity to export. Another fundamental element in starting a business is innovation, for example to think about how to sell the services the company could offer and how to attract talent. Other possibilities are to add other equipment, buying other companies that run the risk of losing sustainability.

Right now, we as entrepreneurs recognize that we are not aware of everything, so it’s essential that we add the equipment and attach it to opportunities and attract customers that help solidify the company. To form a team, it’s important to have a strong leader—someone who provides direction during tough times. Finally, it is important to think long term, set a target you want to reach and to know the variables that impact a company’s sustainability, because the companies that adapt to change are those that immediately detect what they’re doing wrong.

Guibert’s 3 Keys:

1. Generate a culture of innovation to adapt to different situations.
2. Strengthen the culture of forming teams.
3. Always maintain a culture of clear goals for the short and long term.

Washington, DC sixth-grade class interviews an Endeavor Entrepreneur

As part of their global studies curriculum during the 2010-2011 school year, students in Kimberly Clarkson’s 6th Grade class at Sidwell Friends Middle School in Washington, D.C. explored ideas related to entrepreneurship. Students participated in and reflected on online simulation activities, researched and discussed mission statements of established businesses, and learned about and experimented with developing basic business concepts, including options for funding and marketing. They learned about real entrepreneurs, ranging from students their own age to adults.

Part of the experience involved coming up with business concepts that interested them. According to Kimberly, some of the business ideas students proposed included: a cattle ranch where the manure is converted into a source of fuel; an internationally funded organization to buy back weapons from African militants and then melt them for other uses; a microcredit that used profits to fund charity organizations; an organization solely focused on providing comfort items (toys, books and games) to homeless children; a play zone where animals in shelters could be brought to have time away from their enclosures; and a charity which provided financial support to families who have lost wage-earning loved ones in the drug-related violence in Mexico. [Editor's note: what an advanced sixth-grade class!] As a part of their year-end project, students proposed a social or environmental outreach business related to the country on which they had focused their research. As an example, this website was created by one student for her end-of-year proposal.

During the school year, Kimberly contacted Endeavor with a request to put her students in contact with an entrepreneur. The students composed a list of questions and were put in touch with Adolfo Rouillon, an Endeavor Entrepreneur (selected in 2000) and Ernst & Young Entrepreneur of the Year for Argentina for 2011. The students’ questions and Adolfo’s answers are below. The class was thrilled to receive a response from an experienced and internationally recognized entrepreneur, and was inspired to sustain their entrepreneurial spirit in the future.

1. How did you get the idea for the type of business you started? What experience (something that happened or work background) did you have that motivated you to choose it?

My first company was a technology consulting firm. By 2001, we sold it to a big Mexican company called Neoris. We worked with Neoris for five years and by 2006 my business partner and I decided it was time to start a new company again, but we wanted to explore a different industry. We were interested in the food industry, so we started to research what was going on — the trends, challenges and opportunities. In 2007 we started Congelados del Sur was born, as a business which makes frozen food (from pizza to chicken nuggets) in Latin America.

2. Why did you choose this business over another business idea?

We thought there would be good opportunities for growth, as the food business faces serious challenges in the years to come. The combination of global population growth (9 billion people by 2025), a growing middle class (more than 900 million people by 2015), and limited natural resources calls for innovative solutions. Additionally, Latin America has great weather and growing conditions—all of the necessary factors to become a leading supplier of high-quality food products.

3. What or who were your inspirations?

We look to other successful businessmen who build huge companies from scratch, overcoming obstacles and difficulties. One of them is Konosuke Matsushita, the founder of the consumer electronics company Panasonic.

4. How did you choose a way to finance your business? With a bank loan, your own money or another alternative?

We started with our own money. After a year we had a business plan and were able to raise venture capital money and funds from private investors. In the beginning, it’s difficult to get bank loans.

5. How would you raise money to start your business if you were to start over?

I would start the business with my savings, and once I had a clear idea how much money I would need and for what, I would write a business plan.

6. How do you know when a business is a good investment and won’t end up bankrupt?

It’s impossible to know. An investor will look at three things: 1) a good management team, with a credible story and track record; 2) a clear business model in a big market; and 3) a billion dollar industry.

7. What are the disadvantages about being an entrepreneur verses having a “regular” job? Obviously there are advantages, but is there another side to the story?

For one thing, there’s a lot of uncertainty, and everything depends on you which is a big responsibility. Also, you give up the certainty of getting paid every week, since there’s no guarantee of a fixed salary at the beginning. And of course there’s other disadvantages, like a temptation to lose focus and needing to work on limited resources.

8. What age were you when you started your first business? How about your first successful business?

I was 17 years old when I started my first venture as a honey producer (harvesting my own honey) and at 19, I stated a clothing business producing t-shirts. At 23, after finishing my university studies in Business Administration, I started Amtec.net, a technology consulting firm that was very successful.

9. Do you make enemies or rivals in your business?

Of course you have competitors — it’s part of the game. But as a final thought, I love being an entrepreneur. It’s not for everyone, but if you have a big idea, there’s nothing more satisfying that making it happen.

A&N Media makes first Latin American investment in Endeavor firm Socialmetrix

The press release below highlights Endeavor Entrepreneurs Gustavo Arjones, Juan Manuel Damia, and Martin Enriquez‘s social media analysis firm Socialmetrix, and is reprinted from Socialmetrix’s blog.

“Endeavor played a crucial role in helping us raise capital,” says Martin. “They were there throughout the entire process, from making introductions to supporting us as we structured the terms of our agreement.”

Martin first met the investor as an Endeavor candidate at an Endeavor Argentina breakfast event, prior to selection. He made several presentations to investors during the October 2010 Endeavor Tech Retreat in Silicon Valley. After this event, Socialmetrix received three investment proposals, eventually choosing A&N Media.

Congratulations to the Socialmetrix team!

Socialmetrix, the leading Social Media Analytics company in Latin America, today announced that A&N Media (A&N) had acquired a minority stake in the business.

A&N took the decision to invest having monitored Socialmetrix’s rapid growth across South America over the past two years.

Vivian Baring, Chairman of AN International Media said: “This is A&N Media’s first investment in Latin America. Socialmetrix is an exciting, cutting edge company, with a strong entrepreneurial team.

“Socialmetrix offers high quality products and services to both brands and agencies, which should enable it to continue its rapid growth. We look forward to working closely with the founders in driving the business forward.”

Socialmetrix was founded in 2008. The company specialises in analyzing online information in English, Spanish and Portuguese. It has partnerships with some of the biggest corporations, marketing and PR agencies in the world – helping them to understand what people are saying about their brands in the social media space.

The company has developed its own technology which, contrary to other products in their sector, is based on ontology matching rather than simple keyword counting.

Martín Enriquez, CEO of Socialmetrix, said: “We are delighted to welcome A&N Media’s investment and it is a real honour to be in partnership with them.

“We are confident that we will significantly benefit from A&N’s strategic added value. Its international coverage and extensive expertise in the technology and new media industries will play a pivotal role in expanding Socialmetrix’s reach and helping the company fulfil its considerable potential.

“The investment will directly finance the company’s international expansion, as well as an innovative and aggressive plan in product development.”

Socialmetrix offers two products. The first, Socialmetrix Echo, is a fully customizable solution that monitors not only the social media arena, but also traditional media online.

The second is Socialmetrix Brands, which monitors a pre-defined universe of brands across regions and industries, giving clients the ability to compare and analyze hundreds of brands in different languages and regions/countries.

Keys to a successful partnership: Video presentation by Endeavor Entrepreneur Wences Casares and business partner Micky Malka

Endeavor Entrepreneur and Endeavor Global Board Member Wences Casares, who this week is featured in Newsweek as a “Foreign-Born Job Creator,” recently delivered a talk on collaboration as part of The Stanford Technology Ventures Program (STVP) Entrepreneurship Corner, an online archive of entrepreneurship resources. Joining him was his long-time business partner, Meyer “Micky” Malka.

Click HERE to watch the full video or key excerpts, or to read a transcript of the talk. Or here to see the Stanford blog post.

The lecture is described as such: “The two are serial entrepreneurs who believe in the fundamental power of partnerships. Empowered by working in close collaboration for years, these co-founders have started multiple companies including Patagon, Lemon Bank and Bling Nation. In this lecture, Wences and Micky describe the value of over-communication, the decision process in making a pivot, and the challenges of entrepreneurial ecosystems outside the United States.”

Wences articulates that partnerships are the “core” of successful companies, and that often problems that arise — e.g., running out of money, a perceived bad market fit — stem from the dynamics between partners. When he and Micky advise companies and consider whether they should invest in them, they often discover more by hearing the story of the partnership than by looking at the spec sheets or numbers.

In discussing why their own partnership has been so sustainable and successful, they share lessons they have learned over the last thirteen years of doing business together.

A few excerpts:

ON TRUST

The first night the two met, Micky had flown in from Venezuela. They were starting similar businesses in different countries. Over some beers, the two men got into a fight with someone else and they recall of the night, “something clicked there, some important factor about trust. There we were two guys who met the same day and even after that we were covering one another’s ass and trying to make it out of the place alive. And it has stuck with us.”

ON FRIENDSHIP

Wences: “In general I find a lot more success when the founding team has met and sort of chosen each other based on merit, in some meritocratic way. And maybe then because of the things that you go through together starting a company, you sort of have no choice about but become friends. Often the opposite is not true. When you start, when you see teams that started being friends and then they tried to also become good partners, it brings a yellow light — not a red one — but it’s harder. You have to make a number of decisions that are very hard to make with someone who you didn’t choose based on merit but who you chose based on friendship and attachment or emotion, etc. In our case, it happened by chance the other way around and we think that there is something to that. Becoming a partner starting with something that is based on merit that goes from there to friendship, that’s fine, but don’t go the other way around.”

ON TAKING THE CREDIT

Wences: “We have a lot of ego from the door out, but when we’re together, there is nothing like that. We leave it at the door. I still remember the shock, I left [for a sailing trip across the Pacific] as the CEO and I came back and Micky was the CEO. But all it took was a phone call to understand why it was the best decision. I never doubted that it was done in the best interest of our company. It’s a tricky thing because I believe that to be an entrepreneur, you need to have a high ego or at least a very strong conviction about what you do. It would be very hard to be an entrepreneur with a low ego, I don’t know if that’s possible. So like Micky says, from the door outwards, you need to have a very, high strong ego, strong conviction but between the partners I think a low ego is a requirement. A good partnership cannot work without that. Sometimes you see a partnership when one of the two partners is OK not taking the credit. I think it’s healthier when neither of the partners really cares who takes it, as long as the partnership is successful.”

ON COMMUNICATION

Wences: “It’s being able to communicate more than average. I mean we, we overcommunicate. It’s the way to have a very coherent think-through process. We had times where we were overcommunicating. We were going for lunch everyday just the two of us and going over all the issues that we had in our minds that we wanted to bounce back and forth to make decisions on, etc. And at one point as it all got larger I said, ‘Hey Micky, you know what? Why don’t we start going to lunch. You go with some people and I’ll go with another group. It would probably be good that we don’t do this lunch you and I alone. It would be very helpful that we use lunch to spend time with the rest of the team.’ And, also at the same time we had our desks in an open office but together and I said to put them on opposite ends. And it was a disaster of an experiment. In less than three months we were back to having the lunches just the two of us and the desks together again. We tried to figure out why it didn’t work. You have to feel like one, and for that you have to be really overcommunicated. Also, when we have issues between us — and we have tons of them — that they don’t become public and open to the organization. It’s not a matter of secrecy and not being transparent, it’s sort of the opposite. It is because it would be a problem for people to understand what to do, who to follow. When it’s outward facing we show one face, that we agree. And if there’s something we don’t agree on, it would be very, very counterproductive to the partnership to show those sort of different faces. The organization doesn’t know what to do with that. Acting as one, we think it’s super important and it requires overcommunicating to the point where it can be funny.”

Endeavor Entrepreneur of 2011 nominees announced

Congratulations to the nine entrepreneurs nominated for our Endeavor Entrepreneur of 2011 Award, to be revealed at our Endeavor Entrepreneur Summit later this month! These nominations recognize some of the Endeavor Entrepreneurs who have most embodied the spirit of Endeavor and had the highest impact over the past 12 months through a combination of growing his/her company, participating in the network, and giving back to Endeavor.

Rodolfo Montes de Oca and Patricio Miranda
Zott Producciones (Argentina)


The brainchild of childhood friends Rodolfo and Patricio, Zott Producciones exports innovative high-quality corporate promotional products to more than 40 countries. Zott has produced over 100 million products while building a reputation for efficiency, quality, and social responsibility. Zott generates $25 million in revenues and has more than 120 employees. Patricio and Rodolfo have given back to Endeavor in time and in-kind, speaking at conferences, participating in the selection process, and printing Endeavor Argentina’s annual Impact Reports free of charge.

Leila Velez
Beleza Natural (Brazil)


Leila and her co-founder opened the first Beleza Natural salon in 1993, aiming to give underserved women an affordable way to feel “naturally beautiful.” The franchise currently includes 26 salons in Rio de Janeiro and São Paulo. Beleza Natural has also developed a line of hair care products, operates a cosmetic research lab and maintains partnerships with several universities. Since selection by Endeavor, Beleza Natural has increased employment by 214%. The company is in the top 5 Endeavor Brazil companies in terms of revenue and has excellent market foresight, targeting the fastest growing segment of the population in Brazil. Leila has helped Endeavor Brazil at several events, including the Endeavor Entrepreneur Annual Retreat, Gala Dinner, CEO Summit (which she attended as a speaker), and the Entrepreneurship and Competitiveness in Latin America program. She is also a columnist for Endeavor Brazil’s website and was one of the first entrepreneurs to teach in their education program.

Juan Carlos de la Llera
SIRVE (Chile)


SIRVE designs, produces and implements devices that protect structures from damage caused by earthquakes. When SIRVE-equipped buildings withstood the fifth-strongest earthquake ever recorded, SIRVE’s projects tripled. Today, the company is ready to capitalize on the estimated US$300 million seismic protection devices and services market. SIRVE’s significant investment in R&D and its ability to both develop and implement superior technology at a lower cost separates it from its competition. Juan Carlos has been a role model to an entire generation of engineers and entrepreneurs, showing how excellence in creating a better and safer environment is rewarded in the business world.

Kenneth Mendiwelson
Refinancia (Colombia)


Kenneth has developed an innovative approach to Colombia’s Non-Performing Loan (NPL) market, buying NPLs from banks and implementing a unique program for loan collection to treat debtors as respected clients instead of “defaulted loans.” Kenneth has already built a client base of more than 250,000 individuals. The company continues to make a significant social impact in Colombia, a country with almost no history of debt markets and very limited individual access to credit. Kenneth has not only focused on his company’s growth, but also on being an Ambassador for Endeavor Colombia, participating in several events, donating time to the Search and Selection process, and contributing to the World Economic Forum Report “Global Entrepreneurship and Successful Growth Strategies of Early-Stage Companies.”

Amr Shady
T.A. Telecom (Egypt)


T.A. Telecom is positioned to become Middle East North Africa (MENA) region’s premier mobile platform for time- and location-specific content. It recently experienced tremendous growth thanks to an increase in the population’s interest to consume more information. Despite being only recently selected at the Mexico ISP, Amr Shady is very actively involved in Endeavor. He has attended multiple local and international events and is making good use of connections, services and mentorship. He is the first entrepreneur in Egypt to commit to the give-back program.

Mauricio Pariente and Alejandro Chaljub
Procesa Chiapas (Mexico)


Mauricio and Alejandro’s vision was to positively impact employment and wealth in Chiapas, one of the poorest regions in Mexico. In only three years, their company, which commercializes frozen foods and tuna in pouch packets, grew from 100 to 300 employees and more than doubled annual sales from US$7.3 million to US$15.6 million. Mauricio and Alejandro serve on the advisory boards of several other Endeavor Entrepreneurs’ companies and have helped Endeavor set up an office in Chiapas.

Natalie Killassy
Stitch Wise (South Africa)


Since 1997, Stitch Wise has been producing leading-edge safety equipment and protective clothing for mining and other hazardous industries, protecting mining workers from the accidents that crippled its employees in the past. With over half the workforce made up of paraplegic former miners, Natalie’s socially conscious business restores dignity to those whose lives have been forever changed by on-the-job accidents. Natalie was a 2009 Veuve Clicquot “Business Woman of the Year” and was honored as “Entrepreneur of the Year” at Endeavor’s annual Gala in New York City in 2009. She championed the idea of Entrepreneur “Give Back” before a formalized program was in place. She frequently donates her time and resources to the organization and serves on local selection panels.

Bülent Celebi
AirTies (Turkey)


Bülent founded AirTies in 2004 to develop, produce and market network and wireless modems and accessories for the residential and small business market in the Europe, Middle East and Africa (EMEA) region. Since being selected by Endeavor, company revenues have grown by 466%. AirTies continues to create R&D jobs in Turkey and set new standards for management practices and customer support services. An active network member, Bülent serves on the board of another Endeavor company and has participated as a speaker, panelist, search and selection interviewer and ambassador for Endeavor. He is a major supporter of the “Give Back” program and is always ready to share constructive feedback on how Endeavor Turkey can improve their service.

Gabriel Colla
Infocorp (Uruguay)


Gabriel Colla founded Infocorp at age 22 in 1994 and successfully grew his company at an average of 35% per year for the past seven years. Its products are present in more than 18 countries, and the company has offices in Puerto Rico, Chile, Mexico and Uruguay. In 2009 Gabriel hired a CEO for Infocorp, and transitioned from the role of CEO to that of President, focusing on strategic issues. Gabriel launched a second company, Lynkos, in 2010 together with Federico Cella, another Endeavor Entrepreneur. He donated more than 20 hours as mentor in 2010 and is a member of Endeavor Uruguay’s Board of Directors.

LawForChange features Endeavor Entrepreneur Felipe Vergara

LawForChange, a legal resource and forum for social innovators conducts case studies where social entrepreneurs share their experiences protecting their organizations’ intellectual property , highlighting the legal challenges they faced and overcame and the lessons they learned in the process. They recently spoke with Endeavor Entrepreneur Felipe Vergara, founder of Lumni Inc. The case study is reprinted below, or find the original here.

The Organization: Lumni Inc. is a pioneer is the field of human capital financing. The company designs and manages social-investment funds that invest in the education of diversified pools of students. In exchange, each student commits to pay a fixed percentage of income for a fixed number of months after graduation, with no debt obligations afterward. Through both for-profit and nonprofit funds, Lumni has expanded its work to Chile, Colombia, Mexico and the United States, financing more than 2,000 students to date, the large majority of whom come from low or very low-income backgrounds.

In the Beginning: As the creator of a unique financial model that could be replicated around the globe, Lumni founder Felipe Vergara saw intellectual property as a priority for Lumni since its inception. But, like many social sector organizations, Lumni’s lack of time and resources were formidable obstacles. As Felipe recalls, “We have always wanted to develop our IP strategy, but in the beginning we did not have the means. The key was to find the right partners to execute that strategy.”

Felipe watched other social organizations undergo time consuming name changes because of IP disputes. As Lumni expanded to other jurisdictions, he realized that the potential risks and benefits of IP protection were too great to ignore.

Lumni first set out to trademark its name and brand in the countries where it operates. Linking with organizations like the Lex Mundi Pro Bono Foundation, Lumni has now succeeded in registering in many of the surrounding countries, and is also seeking patent protection for some of its financial models and research methods. It has also taken steps to create security protocols internally.

Why Protect IP? As Felipe describes, “I think [IP strategy] is fundamental. One of the main assets of any organization, particularly social organizations, is the reputation of their brand. So if your reputation is not protected, all the good will that has been built over the years is put at risk. Making sure your core IP is protected is a fundamental step for all the stakeholders, all the investors, and all the staff and board members.”

Lessons Learned:

Pick and choose: “We learned there are different types of brand classes under which we could register, which correspond to the different uses for the brand. This can include anything from a drink to an education service.

“One of our biggest challenges was how to prioritize with limited resources, to decide in which countries we wanted to protect our IP, and which types of brand categories to use. It is important to make sure you register your name in the adequate category, considering your resources, since the more categories you choose, the more expensive it will be to register.

The open source option: In addition to protecting its IP around the world, Lumni has also decided to keep some of its IP as open source for broad dissemination. When asked about the factors that go into making that decision, Felipe noted, “There are things we think might be of interest to the public and to the sector, things that might help advance the sector, and help people understand something as innovative as human capital contracts. In those areas, Lumni is very committed to doing research and publishing.” He added, “[Lumni is] also a small organization without a large research component. Some things we are willing to share so more people are aware of what we’re doing.”

Advice to Others: For other social sector organizations considering their IP strategy, Felipe offers the following advice:

1. Keep it focused: “Some key advice is to focus on what is core. There are so many things that one organization can do, but there are probably one or two things that are most important… You also have to find and register in the countries that are most important for your organization.”

2. Prioritize: “Small organizations have many things to think about, mostly how to survive. Usually they will be primary concerned with protecting their brand and their know-how, if there is something specific about their know-how they can protect. If this is not absolutely key, then go and register the brand.”

Two Endeavor Entrepreneurs named “Women to Watch” by The Next Web

The Next Web, a top blog for tech news and business, has named two Endeavor entrepreneurs to their new list of “Latin American Start-ups: 10 Women to Watch.” The list comes on the heals of Rio de Janeiro’s recent Dell Women’s Entrepreneurs Network, which hosted several leading Latin women in the start-up scene. Profiles of the Endeavor-supported Entrepreneurs are reprinted from The Next Web below:

Julie McPherson is the co-founder and Director of New Business of Tiaxa, a company supported by Endeavor. An American, she met her Chilean husband while working at an investment bank in Chile in 1996. She then returned to the US and co-founded Tiaxa in 2000 with 5 associates. At the time, the company was based in Miami and focusing on services such as WAP portals and ringtones. It changed quite a lot since then: commercially headquartered in Santiago de Chile since 2002, it provides all kinds of data solutions to telcos, from billing infrastructure.

This shift reflects the growing importance of data in the operators’ revenues; its clients include Nextel, Vivo and America Movil. Tiaxa is mostly focusing on Latin America, where its main offices are currently located. It’s the area of expertise of its founders and an interesting one: text messaging took off earlier there than in the US. Julie is also based in Latin America; she came back to Santiago to open the local office. According to Julie, Tiaxa has been growing very fast lately and is one of Chile’s main tech exporters. Julie also supports other women entrepreneurs, thanks to the Impakta program initiated in Chile by women from the Endeavor network. Through tailored advice such as business mapping, it helps these female entrepreneurs to take their businesses to the next level.

Martha Debayle, a radio and TV anchor born in Nicaragua, raised in New York City and based Mexico, is the founder of media brand BBMundo (which translates as “Baby World”). Launched in 2000, it includes a web portal, a magazine, a radio program and a discount card. It targets future and current parents, particularly mothers. Its motto is “Because you can always be a better mom”. Since its selection by Endeavor in 2002, its revenues have grown as much as 1,000% thanks to partnerships with brands such as Johnson’s Baby and Nestlé SMA, according to the network’s website.

Martha Debayle is a celebrity in Mexico: to give you an idea, her recent wedding made it to the front page of popular magazine Quién. Last year, she was listed as one of the “10 most influential women in Mexico” by web portal De10, which belongs to Mexican newspaper El Universal.

Endeavor Entrepreneurs share success stories at Dell Women’s Entrepreneur Network event

By Julia Daniel, staffmember at Endeavor Brazil

We just wrapped up 2011′s Dell Women’s Entrepreneur Network (DWEN) event in Rio de Janeiro. Dell partnered with Endeavor Brazil, as well as ForbesWoman publisher Moira Forbes and Ernst & Young Entrepreneurial Winning Women to host the conference, themed “Building the Power of Your Business.”

To learn more, you can also check out an article in USA Today which discusses the conference and highlights Endeavor Entrepreneur and event speaker Leila Velez.

With 150 entrepreneurial women in attendance (as well as a few courageous men!), participants attended panel discussions, hands-on workshops, and informal chats. DWEN was a serious place for us to talk business, “girl-talk” style. We dug deep into the challenges facing entrepreneurs today and heard from top female entrepreneurs from around the world.

Endeavor Entrepreneur Leila Velez, president of Brazilian beauty chain Beleza Natural, participated in a spotlighted interview with Moira Forbes. Leila reminisced about the early days, when she and her partners launched their unique business to handle unruly, curly hair not by straightening it (like most products on the market) but by enhancing it. Leila explained how Beleza Natural identified a real market need felt strongly by the majority of Brazilian women, especially those at the base of the pyramid. She noted how the company overcame initial skepticism to open 26 salons in Rio de Janeiro and São Paulo, which currently serve up to 1,000 customers per day. Leila also joked about earning her “McDonalds MBA” as an employee at the fast food chain, which Forbes remarked is quite common for emerging market entrepreneurs who often learn everything they know about business from previous employers.

Immediately following the interview, Endeavor Entrepreneur Ilana Braun spoke on a panel called “The Business of Beauty.” Drawing on her experience building a market-leading cosmetic brand, Dermage, she contributed insights about the growth of the ‘lipstick economy’ and how it has harnessed the buying power of women during the global recession. Additional notable speakers and panelists included:

- Arianna Huffington, president and editor in chief AOL Huffington Post Media Group
- Carley Roney, founder of popular wedding planning resource, The Knot
- Judith Clegg, founder and CEO of Veturing Unlimed and The Glasshouse
- Sarah Prevette, CEO of Sprouter and recipient of Inc.com’s 30 Under 30 honor
- Neetu Bhatia, founder of India’s Ticketmaster, KyaZoonga
- Amy Millman, president and co-founder of entrepreneur incubator Springboard Enterprises
- Reina Otsuka, founder and CEO of leading Japanese eco-friendly export company Ecotwaza
- Luiza Helena Trajano, founder of the third largest retail chain in Brazil

DWEN provided fertile grounds for networking with some of the world’s most successful entrepreneurial women. Though they came from many different businesses, cultures and life experiences, they were united by their desire to help one another through sharing information and being transparent in voicing their needs.

The tone was set from the beginning, when all participants sat in a semi-circle and were instructed: “Here is a card for you to write down what you need, and what you can offer.” DWEN used these cards to match our “hands” to ensure everyone walked out with a Royal Flush.

Turkish home décor brand ilio gains traction in high-end design world

Endeavor Entrepreneur brother and sister duo Demir and Mehtap Obuz have been making a splash in the international design world. Products from the pair’s recently launched home décor line ilio were showcased among other cutting edge designs at the International Contemporary Furniture Fair (ICFF) and in a limited edition MoMA design store collection, Destination: Istanbul.

The ICFF took place this past May in New York City and showcased 500 contemporary design brands from across the globe. Visitors to the ilio exhibit saw the line’s tableware, accessories and furniture collection and learned the stories behind the pieces.

The MoMa Store collection highlights emerging Istanbul designers in an effort to make available “lifestyle items usually found only in Turkey.” Click here to shop Destination: Istanbul, which features a number of award-winning ilio pieces, such as the forest-handmade crystalline stemware set designed by Demir and the kat kat storage system designed by Mehtap.

Demir and Mehtap are two of Endeavors newest entreprenuers, selected at the May 2011 London International Selection Panel. Mehtap founded Demirden, which she grew into one of Turkey’s leading design and brand management firms, almost two decades ago. Building on the success of Demirden, she and her brother launched ilio two years ago with the goal of achieving success outside Turkey’s borders. It seems like the two are well on their way!

Who’s attending the Endeavor Summit? A complete list of registered Endeavor Entrepreneurs

As we all gear up for this year’s Endeavor Entrepreneur Summit in San Francisco (June 28-30, 2011) — register here! — we want to answer a question on everyone’s mind…who’s coming?!

In addition to the speakers, sponsors, and other participants, we’re proud to have a large showing of Endeavor Entrepreneurs. Below is the current list (and growing) of all Endeavor Entrepreneurs scheduled to attend. All of their names are linked to their profile pages on Endeavor.org, so you can learn more about these inspiring individuals.

ARGENTINA
-Sebastian Letemendia and Luis Navas, Conexia, Technology: IT, Software & Computer Services
-Alejandro Larosa, FyO (Futuros y Opciones), Finance & Investment
-Néstor Nocetti, Martín Umaran, Guibert Englebienne, Martin Migoya, Globant, Technology: IT, Software & Computer Service
-Diego Cheja, Medix, Health Care/Life Sciences: Pharmaceuticals & Medical Devices
-Hernán Kazah, MercadoLibre.com, Technology: Internet/Web 2.0
-Esteban Wolf, Progen, Health Care/Life Sciences
-Norberto Loizeau Compte and Pablo Trench, Promored, Business/Professional Services: Advertising, Marketing & PR
-Santiago Pinto, Andres Alterini, Mariano Elizari, Smowtion, Technology: Internet/Web 2.0
-Martin Enriquez, Social Metrix, Technology: Internet/Web 2.0
-Patricio Jutard and Mariano Suárez Battán, Three Melons, Technology: Internet/Web 2.0
-Rodolfo Montes de Oca and Patricio Miranda, Zott Producciones, Consumer Goods & Services: Other

BRAZIL
-Patrick Lisbona, Aorta, Technology: Telecom/Mobile
-Alexandre Pi, APPI Tecnologia, Technology: IT, Software & Computer Services
-Guilherme Bruno, Arizona, Business/Professional Services: Design/Architecture
-Leila Velez, Beleza Natural, Consumer Goods & Services: Health & Beauty
-Luis Alexandre Chicani, BenCorp, Health Care/Life Sciences: Health Care Equipment & Services
-Pedro Paulo Chiamulera and Bernardo Lustosa, Clearsale, Technology: IT, Software & Computer Services
-Rodrigo Azevedo, Comunique-se, Technology: Internet/Web 2.0
-Osvaldo A Lucho Jr, Gigalink, Technology: Hardware & Equipment
-Marcelo Salim da Silva, Ibmec Rio, Government & Nonprofit: Universities & Education
-Arnaldo Goldemberg, LAN Designers, Technology: IT, Software & Computer Services
-Maristela Mafei, Máquina da Notícia, Business/Professional Services: Advertising, Marketing & PR
-Fernando Ortenblad and Daniel Wjuniski, Minha Vida, Technology: Internet/Web 2.0
-Marcelo Sales, Movile, Technology: Internet/Web 2.0
-Alexandre Luis Pigatto, Pigatto, Industrials: Transportation & Logistics
-Daniel Li, Pixel Labs, Business/Professional Services: Advertising, Marketing & PR
-Joao Mendes de Carvalho and Marcelo Romcy, Proteus, Technology: IT, Software & Computer Services
-Eduardo Pizarro Mello Ourivio, Spoleto, Consumer Goods & Services
-Arnold Eugenio, Subway Link, Consumer Goods & Services: Media & Entertainment
-Valério Paz Dornelles, Tecno Logys, Industrials
-Bento Massahiko Koike, Tecsis, Energy & Utilities

CHILE
-Jorge Nazer, Alto, Business/Professional Services: Other
-Tiburcio de la Carcova and Esteban Sosnik, Atakama Labs, Technology: Internet/Web 2.0
-Juan Eduardo Neuenschwander, Autobahn, Industrials: Airlines & Automotive
-Boris Kraizel and Eduardo Stekel, Buscalibre S.A, Consumer Goods & Services: Other
-Greg Barton, Business News Americas, Consumer Goods & Services: Media & Entertainment
-Erik Torreiter, Colaboracion Virtual Comunicaciones Ltda.,Technology: IT, Software & Computer Services
-Javier Donoso, Geomar, Consumer Goods & Services: Food & Beverage
-Mario Araya, Kibernum, Technology: IT, Software & Computer Services
-David Assael and David Basulto, Plataforma Networks, Technology: Internet/Web 2.0
-Luis Vera, Scopix, Technology: IT, Software & Computer Services
-Juan Carlos de la Llera, SIRVE S.A., Industrials: Construction
-Felipe Hurtado and Juan Pablo Swett, Trabajando.com, Business/Professional Services: HR, Training & Recruiting
-Rodrigo Jordán, Vertical, Consumer Goods & Services: Travel & Leisure
-Olivier Paccot, Woodtech, Technology: Hardware & Equipment
-Michael Yorston, Woodtech, Technology: Hardware & Equipment

COLOMBIA
-Andrés Angulo, Hugo Fernando Novoa and Alvaro Hoffmann, Campo Alto, Business/Professional Services: HR, Training & Recruiting
-Diego Ramírez Schrempp, Dynamo, Consumer Goods & Services: Media & Entertainment
-Nicolás Cock Duque, Ecoflora, Healthcare/Life Sciences
-Pedro Tosín, Oruga, Consumer Goods & Services
-Martin Schrimpff, Pagosonline, Technology: Internet/Web 2.0
-Kenneth Mendiwelson, Refinancia, Finance & Investment: Other Financial Services
-Ximena Patiño, Servinformación, Technology: IT, Software & Computer Services
-Ricardo Leyva, Sistole, Business/Professional Services: Advertising, Marketing & PR

EGYPT
-Hind Wassef and Nadia Wassef, Diwan Bookstore, Consumer Goods & Services: Media & Entertainment
-Omar EL Sanhoury and Moatasem Osam, E-Masary, Technology: Telecom/Mobile
-Khaled Ismail, SySDSoft, Technology
-Amr Shady,T.A. Telecom, Technology: Telecom/Mobile
-Basel Mashhour,The Bakery Shop, Consumer Goods and Services: Food & Beverage

GLOBAL
-Wences Casares, Bling Nation, Technology

JORDAN
-Amin Amin, Cader, Business/Professional Services: HR, Training & Recruiting
-Thabet Al-Nabulsi, Challenger Team, Business/Professional Services: HR, Training & Recruiting
-Imad Malhas, IrisGuard, Technology: Other
-Laith Zraikat and Omar Koudsi, Jeeran, Technology: Internet/Web 2.0
-Zafer Younis, Modern Media (The Online Project), Business/Professional Services
-Wael Attili, Mohammed Asfour and Firas Al Otaibi, Think Arabia, Consumer Goods & Services: Media & Entertainment

LEBANON
-Marc Dfouni and Nemr Badine, Eastline Marketing, Technology: Internet/Web 2.0

MEXICO
-Juan Manuel Alvarado, Acento Mexicano, Consumer Goods & Services: Personal & Household Goods
-Alfredo Suárez, AliBio, Health Care/Life Sciences: Biotechnology
-Víctor Calderón, Arccanto, Finance & Investment: Other Financial Services
-Gabriel Oropeza and Guillermo Oropeza, DocSolutions, Technology: Business & Professional Services
-Mois Cherem Arana, Raúl Maldonado and Jorge Camil, Enova, Technology: other
-Patrick Streubi, Fairtrasa, Consumer Goods & Services
-Ezequiel Farca, Ezequiel Farca, Business/Professional Services: Design/Architecture
-Jorge Gonzalez Gasque, G2 Consultores, Business/Professional Services: Consulting
-Pedro Zarur Ménez and Armando Tortoledo, Gruindag, Industrials: Basic Materials & Chemicals
-Jaime Cater, HDS, Technology: IT, Software & Computer Services
-Ricardo Villareal Zambrano, Imagen Dental, Health Care/Life Sciences: Health Care Equipment & Services
-Ernesto Vidal Flores, Christian Vidal Flores and Patrick Vidal Flores, Ingenia Muebles, Consumer Goods & Services: Personal & Household Goods
-Felipe Labbé, Intellego, Business/Professional Services: Consulting
-Guillermo Casares González, Mexis, Technology: IT, Software & Computer Services
-Xavier Briseño, Neve Gelato, Consumer Goods & Services: Food & Beverage
-Enrique Gómez Junco, Optima Energia, Energy & Utilities: Renewable Energy/Clean Tech
-Christian Guerra and Morgan Guerra, Previta, Health Care/Life Sciences: Health Care Equipment & Services
-Mauricio Pariente, Procesa Chiapas, Consumer Goods & Services: Food & Beverage
-Daniel Schneeweiss Bernstein, Tequilera Milagro, Consumer Goods & Services: Food & Beverage
-Moises Guindi, Tequilera Milagro, Consumer Goods & Services: Food & Beverage
-Fernando Martinez, Vialux, Technology: Telecom/Mobile
-Hugo Hernández Basulto, Vidrios Marte, Industrials: Basic Materials & Chemicals
-Jorge Soto and Oscar Salazar, CitiVox, Technology: Internet/Web 2.0 (Monterrey)
-Roberto Quintero, Cinemagic, Technology: Consumer Goods & Services (Puebla)
-Francisco Javier Cardenas Ibarra, Orcius, Technology: Other (Puebla)
-Oscar Carrillo, Mex Q, Industrials (Aguascalientes)

SOUTH AFRICA
-Richard Dewing, Cibecs, Technology: IT, Software & Computer Services
-Robert Sussman and Lance Fanaroff, Integr8, Technology: IT, Software & Computer Services
-Yossi Hasson and David Jacobson, Synaq, Technology: IT, Software & Computer Services
-Vinny Lingham, Yola (formerly Synthasite), Technology

TURKEY
-Bülent Çelebi, AirTies, Technology: Hardware & Equipment
-Emre Aydin, Ciceksepeti.com
-Erdem Yurdanur, Kokteyl, Technology: Other
-Bahadir Kuru, PIWorks, Technology: IT, Software & Computer Services
-Fatih Işbecer, Pozitron, Technology: IT, Software & Computer Services
-Aytül Erçil, Vistek, Technology: Hardware & Equipment
-Melih Ödemis, yemeksepeti.com, Technology: Internet/Web 2.0

URUGUAY
-Gabriel Colla and Martín Naor, Infocorp, Technology: IT, Software & Computer Services
-Federico Cella, Lynkos, Technology: IT, Software & Computer Services
-Ariel Lijtenstein and Pablo Elenter, RobTec, Industrials: Manufacturing/Equipment
-Carlos Ameglio and Andrés Ameglio, Salado Media, Consumer Goods & Services
-Raul Polakof, Scanntech, Technology: IT, Software & Computer Services
-Alvaro Domínguez, Top Systems, Technology: IT, Software & Computer Services

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