Early June I had the opportunity to attend the second cohort of Stanford’s Latino Emerging Leaders Program (SLELP2) held at Stanford University in Palo Alto California. I was selected among 300 candidates from the United States and Puerto Rico to be part of an experimental program for scaling existing businesses. As lectured, the Latino community in the Unites States keeps increasing and by 2060 it will make up 30%+ of the entire US population. This is a significant representation of our community in the landscape of the political and business climate of the USA. However, businesses owned by Latinos have not produced the revenues that are expected from such an increase in population. Hence, business are not producing enough to make a mark in the USA economy.
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It is the objective and intent of the Program to enable Latino business owners with the tools to scale our business and become multi-million and even billion dollars companies in the next 10 years. A series of lectures, videos, role playing, self-study, and mentorship exercises and activities were provided to us in order to learn how to go about scaling our businesses.
Week 1 of 6 of the program allowed to meet my peers, listen to their concerns, challenges and problem solving tools and strategies. It also led me to believe that scaling a business is as much as creating a mindset for it and be willing to drop the tools that made you successful in the past for new ones.
As week 2 & 3 approaches, I will keep you all posted of my progress!
PS – I share with you some photos from week one at Stanford.
This article was written by Leslie Luciano, Fusionworks’ Director.
Fusionworks: experts in Microsoft GP, Microsoft CRM, Oracle Fusion Financials, Oracle EBS, Prophix, SAP Business Objects, Microsoft Power BI.