IMPACT REPORT 2007â2008 - Endeavor Chile
IMPACT REPORT 2007â2008 - Endeavor Chile
IMPACT REPORT 2007â2008 - Endeavor Chile
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MEXICO’S “CONSULTIVO CONSEJO” PROGRAM<br />
CHILE’S ANNUAL RETREAT<br />
<strong>Endeavor</strong> Mexico builds a board of advisors for each of its High-Impact Entrepreneurs.<br />
This board, usually comprised of 3–5 VentureCorps members, a separate <strong>Endeavor</strong><br />
Entrepreneur, and one <strong>Endeavor</strong> staff member, meets quarterly to provide strategic<br />
advice for entrepreneurs. Most <strong>Endeavor</strong> Entrepreneurs are not in a position to have<br />
a formal Board of Directors, but as their businesses expand, discussing key growth<br />
issues with an outside body of individuals is invaluable.<br />
ENTREPRENEUR SPOTLIGHT<br />
DAN SCHWARZBLAT<br />
COMPANY<br />
Chilim Balam<br />
COUNTRY<br />
Mexico<br />
YEAR SELECTED<br />
2005<br />
Dan Schwarzblat founded Chilim Balam<br />
in 1995 when he was just 22 years old.<br />
Since then, he has changed the way<br />
Mexicans purchase their candy by putting<br />
candy stores in malls and offering over 500<br />
varieties of sweet Mexican delicacies. With<br />
<strong>Endeavor</strong>’s support, Chilim Balam has<br />
already doubled its number of employees<br />
and revenues and has opened stores in<br />
35 malls.<br />
As a young entrepreneur in a complicated<br />
industry, Dan needed some strong mentoring.<br />
<strong>Endeavor</strong> formed a non-acting board<br />
of directors that meets four times a year<br />
in person. The board includes a VP of<br />
Expansion from Starbucks International,<br />
an HR VP from Wrigley Mexico, and a<br />
partner at Advent Capital. Together, they<br />
have helped Dan set the ambitious goal<br />
of doubling the number of Chilim Balam<br />
stores in the next two years. They have<br />
not only provided expertise on expansion,<br />
human resources, and financing, but also<br />
given Dan the confidence to THINK BIG<br />
about his business.<br />
WITH ENDEAVOR’S SUPPORT, CHILIM BALAM HAS ALREADY<br />
DOUBLED ITS NUMBER OF EMPLOYEES AND REVENUES AND<br />
HAS OPENED STORES IN 35 MALLS.<br />
Every January, <strong>Endeavor</strong> <strong>Chile</strong>’s entrepreneurs, board members, and VentureCorps<br />
attend a three-day retreat, hosted by an <strong>Endeavor</strong> <strong>Chile</strong> Board Member. In addition to<br />
training seminars and team building exercises, each <strong>Endeavor</strong> Entrepreneur is treated<br />
like a candidate all over again. A team of <strong>Endeavor</strong> <strong>Chile</strong> board members grill and then<br />
offer constructive feedback to the entrepreneurs as they face new and different<br />
challenges than when they were initially selected. In this way, <strong>Endeavor</strong>’s services<br />
are matching the new demands of later-stage businesses.<br />
ENTREPRENEUR SPOTLIGHT<br />
JUAN PABLO SWETT & FELIPE HURTADO<br />
Founded in 1999, Trabajando.com is more<br />
than just an online job site. Trabajando.com<br />
offers a wide range of services within the<br />
labor market, developing personalized<br />
recruitment process software, hosting job<br />
fairs and HR exhibitions, and offering<br />
a human resources consulting service.<br />
Trabajando.com has a client base of more<br />
than 82,000 companies and 3 million users<br />
in the region.<br />
As soon as Felipe & Juan Pablo became<br />
<strong>Endeavor</strong> Entrepreneurs, <strong>Endeavor</strong> <strong>Chile</strong><br />
was ready to help out. So far, so good as<br />
Trabajando.com has already doubled its<br />
revenue, tripled its workforce, and secured<br />
a $15m investment from Santander, a<br />
world-class Spanish bank.<br />
COMPANY<br />
Trabajando.com<br />
COUNTRY<br />
<strong>Chile</strong><br />
YEAR SELECTED<br />
2007<br />
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