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As the successful founder of no less than 3 of his own businesses, Adalberto Vazquez Gomez has had plenty of experience in the entrepreneurial field. He knows that while having a great idea is absolutely a great place to start, it is by no means the end of all your research – starting a business and, more importantly, keeping it afloat, takes a lot more than just vision. Adalberto Vazquez Gomez utilized his background in accounting and his extensive education and experience in the health services field to begin three companies marketing snack foods, candy, and other edibles around Mexico. Having grown up in the family business, Adalberto Vazquez Gomez learned a lot from his parents and older relatives, and then continued that education throughout his schooling years. When he was finally ready to found his own company, he had much of the necessary training under his belt, and those resources were essential to his overall success. In the interest of those who are also looking to start their own company, Adalberto Vazquez Gomez has compiled a few tips on what to prepare beyond that first great idea: First – know your market. It is no good to have a fantastic idea if three other people in your town have already had it. Adalberto Vazquez Gomez made sure before he started any of his companies that he was offering a fresh, original product to consumers – something that they were not getting anywhere else. Of course, Adalberto Vazquez Gomez is not the first person to market lollipops, but his was the first lollipop factory in southern Mexico. Second – know your finances. Adalberto Vazquez Gomez’s background in accounting has been invaluable to him. Starting a business involves a lot of work with money, and if numbers confuse you, then it’s best to find someone comfortable with them. Much of Adalberto Vazquez Gomez’s success comes from the smart, safe handling of money that his accounting background so well prepared him for. Third – know your laws. Similar to knowing your finances, knowing how the relevant laws in your area may or may not affect your business is highly important. Adalberto Vazquez Gomez’s intimate knowledge of the law helps him to not only make sure his businesses started in good standing with the law, but also keeps them there. Of course, there are countless other tips and ideas to running a business, but Adalberto Vazquez Gomez believes that the above three are essential to making your idea a reality. Sources: http://www.sba.gov/content/follow-these-10-steps-starting-business
http://sbinfocanada.about.com/cs/startup/a/10startingtips.htm
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