Each summer Endeavor sends a number of incoming second-year MBA students, recruited from top schools, to work on-site with Endeavor Entrepreneurs on projects ranging from strategic planning to market expansion. The program is supported by a generous grant from Barclays. Following is a post from Leire Borderias, a member of the London Business School Class of 2014, who is spending the summer working with Endeavor Entrepreneur Arturo Galvan at Mexico’s Naranya:
I came to Mexico looking forward to being in a fast pace environment, gaining exposure to Latin America and making the most of my time working in a project with high and direct impact. I expected stretching myself further and getting both professional learning and personal growth…but this experience, by far, outweighed my initial expectations!!
Naranya is a mobile media and commerce company developing new products and building the mobile ecosystem for Latin American markets. It has also recently launched an accelerator program and early stage fund in Monterrey to help new start-ups get their business ideas off the ground. During my internship, I have been working with the innovation unit. The project is aimed at leveraging synergies across the company and fostering innovation processes to achieve an agile time-to-market. The broad spectrum that encompasses all the different realities of Latin America poses a great challenge.
In Latin America, mobile will become the primary way to access the internet but the majority of mobile users do not have access to banking and financial services. Nurturing innovation and growth requires solving some of the most basic customer pains such as facilitating access to payment methods. Working in this environment with colleagues who are giving their best and thinking out of the box to solve this sort of dare has been really fascinating and inspiring.
It has also been very rewarding to be part of Endeavor and learn more about how this successful nonprofit is making a significant, social impact all over the world. The local office of Endeavor does an excellent job supporting the entrepreneurs and Endeavor’s networking and mentoring community confers a very unique and valuable resource.
Life outside of work has been just as dynamic. I seized any opportunity to travel and hang out with my work and Endeavor colleagues who have become very close friends of mine. They have been amazingly supportive and their hospitality allowed me to acclimate very quickly and love the country, its culture and gastronomy… Yay.. Mexicooo lindo!!