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IMPACT REPORT 2007–2008 - 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 />

46 47

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