Pablo Pérez and Mario Puche they are two students of Business Management and Marketing what have set up their own companies while studying. The first has created Texlenet, a professional B2B network that connects the footwear and textile industries to generate new business opportunities, while the latter is responsible for Magma Group, operating in the leisure and restaurant sector. Therefore, they have participated in a round table organized by the CEU of Elche with other students where they have shared their experience.
What has motivated you to start a business project during your university career?
– Pablo Pérez (PP): I started entrepreneurship early during my studies. My main motivation has been to be able to apply my theoretical knowledge taught at the university to my own project that will help me grow professionally and personally. In addition, since I was little I have always wanted to have my own company.
– Mario Puche (MP): In my case, I started my university degree with the intention of continuing to grow as an entrepreneur and be able to diversify within my sector or even unknown sectors. I want to improve the operation of my companies thanks to professional knowledge.
How can you combine all that this implies with the work implicit in the university?
– P.P: The truth is that it is not as difficult a task as it seems. However, you must have work habits and organization well rooted in your routine, since in times of greater workload such as exam periods, you should make the most of your time. For me, one of the keys to being able to carry out all my tasks is to choose very well the way in which you spend your free time, since they are your disconnection times.
– M.P: It is important that the subjects resemble your day to day to make it more enjoyable. Logically this does not happen in all cases. You cannot pursue an “à la carte” degree, but it is important to try to find interest in the subject and to try to relate it to your daily professional activity.
What have been the obstacles that you have encountered to start?
– P.P: The main obstacles have been being able to apply all my knowledge correctly and get the market to need your product and service. The economic part also plays a very relevant role.
– M.P: The greater the opportunity, the greater the risk. And by risk I do not speak of an economic risk but of time. In the end, time is the most valuable thing we have, and each person values their time, so it is important to learn to value it and analyze the opportunity cost of a project.
Where do you want to go with this business adventure?
– P.P: My vision is to be able to scale and replicate this business model in as many sectors as possible, since I believe that digitizing sectors is one of the greatest current competitive advantages that a company can count on.
– M.P: My sector has always been leisure, but, nevertheless, today it is not what I am investing most of my time. I have managed to professionalize them and they are able to support themselves thanks to a good hierarchical structure, and above all an incredible team. This has left me room to dedicate my time to teaching at IMEP, to be able to give conferences at the national level, travel more to broaden my vision, and above all, to diversify into other types of sectors. Currently, in addition to the leisure sector, I am dedicated to the distribution sector, digital marketing and product development, having a brutal growth and with expectations of being able to go as far as I am allowed.
To what extent has what you learned during the race helped you to launch the project?
-P.P: The theoretical knowledge about the different subjects has been of great help to me. However, as a personal advice, I would encourage my colleagues to start starting as soon as possible because it is the only way I know of being able to grow professionally and apply the knowledge acquired.
-M.P: I think it is important to emphasize to students the importance of learning through failure. That said, and thanks to my training at CEU, I have learned to name everything that experience had taught me and I have been able to grow a lot in all my businesses. A company can die of both failure and success and I, being so young, did not know how to carry such exponential growth. To this I would highlight the attention of the CEU teachers who have selflessly helped me at all times and thanks to whom I have been able to continue growing.
Some time ago the term entrepreneurship became fashionable, which seems consolidated. Do you think it is a career path for college students?
– P.P: In the past, entrepreneurship began to be seen as a fad. There were many profiles that called themselves entrepreneurs although a great majority of them did not get to give life to their projects. Currently, entrepreneurship is a great outlet that allows you to solve major existential problems and thus have a job opportunity when you finish your university studies.
– M.P: Entrepreneurs are needed, but entrepreneurs who have things clear and, above all, who do things well. You can work for a few years until you are clear about what you want to undertake, in what way and with what structure.
In your opinion, what requirements, conditions and / or skills should an entrepreneur have?
– P.P: In my humble opinion, an entrepreneur must be an optimistic, calm person, with a lot of patience and above all with a great capacity for work.
– M.P: Constancy, resilience, knowing how to be, vision, and humanity.
Finally, what would you advise your university colleagues who are starting their degree or who are already studying it?
– P.P: My only advice is to tell them that nothing is impossible, never give up. There is no magic potion for success, there is only hard work and dedication so I encourage you to unleash your imagination.
– M.P: I would recommend that you be patient. That they do not undertake something that does not excite them or that has no future, not even in their minds. Let them think big by setting goals, but until reaching the goal, go across small goals. That they value the training they have acquired and know how to appreciate it in their day to day when they experiment. If you can name those experiences, your entire training will have served you well.
Eddie is an Australian news reporter with over 9 years in the industry and has published on Forbes and tech crunch.