Posts Tagged ‘Spain#8217;

9
Jan

Chloe Younes, wishes you a Happy New Year.

Written on January 9, 2014 by Eric Rivas in News

CHLOE YOUNES

The 1st term of the Master programs at IE School of Communication is gone, now the students are back from christmas vacation and during the break, Chloe Alexandra Younes, candidate of the #MCC posted a note in her Facebook account entitled, “2013 – Closing Statement <3”

She talks about her first months experience here at Madrid as a student of IE Business School, she writes in a marvelous, and very honest way… I couldn’t feel more related and so I asked her permission to share this with you guys. I hope you all like it!

2013 – Closing statement <3

December 31, 2013 at 3:18pm – Chloe Alexandra Younes “Master in Corporate Communication”

When 2013 began I asked myself a question; which went along these lines:

What am I going to do this year to flourish, to grow more – as an individual?

I decided that I wanted to excel this year. I decided to apply for my Masters.

So I did. I applied for my Masters in Corporate Communication at the IE Business School in Madrid.

As the days started to pass I began to feel frustrated with the burden and anticipation of receiving an interview, let alone an acceptance!

I eventually received THE e-mail from this highly prestigious university – which requested interviews con mi via Skype! YAY! How exciting was that?

I eventually got the acceptance letter I had so eagerly been awaiting!

I knew then and there that this was an opportunity I would not miss out on- not for anything – not for anyone.

BUT….

Before taking the decision to take that leap of faith and leave everyone and everything I ever knew – little did I know that I was making one of the finest decisions of my life. At first it was daunting. It was daunting in such a way that I had constant panic attacks; I had a zillion questions, questions which I had no answers to; I feared the unknown so bad it made me anxious.

I was afraid to leave my dogs. I was afraid to leave the remarkable people and friends whom I loved with every inch of my pumping heart. I was afraid to leave the family whom I was down-right dependent on – and to be thrown into a sphere of uncertainties.

I had no idea what Spain had in store for me.

I had no idea what sort of friends I would encounter;

Would they be kind?

Would we connect? And if so, on what level?

Today, 3 months into Masters, and one year from 2013: I stand proud to say: I did it.

I left everything behind and I did it; I left. I left Beirut. I left everything and everyone I ever cared for.

But here’s the deal: In doing so, I grew tremendously.

I have to point out though: it got harder before it got easier.

“A comfort zone is a beautiful place, but nothing ever grows there”

WAIT, THERE’S MORE…

Not only did I have to adapt to an entire new city, language and culture. I had to deal with a tough and heart-wrecking break up which at the time, thought would demolish me.

But it did not, on the contrary – it made me tougher.

It made me realize that only the strong survive.

It made me realize that when you think it’s bad, It’s not THAT bad – and when it’s THAT bad – it could always be worse.

It made me realize that you have no idea how durable you are capable of being until you are required to fight.

Resilience is key and acceptance is king.

So, ANYWAY … In taking that step, that step that had terrified me for the longest time – I became a fiercer person. I became a different person; a person I never thought I would grow to be.

So far, I’ve crossed paths with genius professors; I made the most savvy, witty and entertaining friends (SHOUT OUT TO ALL* MY FAVORITE-OUT-OF-THIS-WORLD-TO-DIE-FOR MCC’ERS). I left each class richer than ever before. I became familiar with the Spanish culture. I began learning the Spanish language! I was exposed to evermore diverse cultures and evermore diverse values; which is one of the great wonders of globalization.

And this is only the beginning. The very end of 2013, and the beginning of the very interesting journey of 2014 –

 

If I have one piece of advice for anyone today, it would be this:

Take a step outside your comfort zone – you will be surprised by the outcomes.

You will be overwhelmed with what you could accomplish.

You will grow; and what a wonderful feeling it is to grow.

 

I hope you all accomplish great things in this 2014 –

I hope you don’t forget to be RAW*

I hope you don’t forget to DREAM*

 

¡Feliz año Nuevo a todos!

“Cheers to a new year, and another chance for us to get it right”

P.S: A Big thank to my MCC’ers and everyone whose been there – for literally ROCKING* the past 3 months with me and a big thank you in advance – because I expect nothing less from such awesome* people like you – for the coming months!

Let’s do this! (I can’t tag everyone but I do mean this for everyone!)

Chloe Alexandra Younes

26
Jul

 

hernando

Hernando Salazar is a co-founder of  Fábrica Maravillas, which is a brew pub located in the center of Madrid, Spain. Certainly, it has been so successful that they have been currently under the pressure to increase the capacity of production even after a couple of times of capacity increment. Masaaki Hasegawa, from Master in Visual Media, class of 2013, had a chance to explore the key factors that have made them successful. 

 

MH: First of all, let me know more about you. You are IE alumni?

HS: I am an IE alumni of International MBA, class of 2005. I am originally from Colombia, and used to work for the marketing department in Diageo, which is one of the biggest spirits and wine producers in the world, before taking master. Then I came to Spain in 2004 to take MBA in IE. After graduation, I worked for BBVA in Switzerland as a relationship manager in the private banking sector for almost 3 years. After that, I decided to do business on my own and came back to Spain to find an opportunity to achieve it. From then, I have been in several entrepreneurial projects. Since then, I have been working as an entrepreneur last 3 years.

 

MH: And how did you come up with this great idea of having a craft brewery in the center of Madrid?

HS: It was like an accident. At the time I got involved this business, I was doing my other entrepreneurship project, called Housie, which helps International young people, including IE students, find accommodation and information in Madrid. One of master brewers that I knew then had the original idea and business plan but they did not have any specific financial plan and know-how to embody it, and I started working with them to help them develop the financial plan and provided advice from the viewpoint of business, gradually started giving some ideas about vision, and ended up being part of this project.

 

MH: Why did you decide to take a responsibility to manage the company instead of just consulting or investing money into the business?

HS: First of all, this project, craft brewery, was novelty in Madrid, and people in the project had passion with it. Initially, I just provided some advices but the time when they actually needed to raise money to launch business, it was not easy for them to find an investor to raise the amount of capital that they needed. I sort of rose my hand to be an investor as well because I already had tasted the beer they brewed and felt this would be successful. Then, we became a partner and I started being in the project in depth because I love their passion for this business.

 

MH: What was the first step to make your business realized?

HS: The first step was somewhat related to mentality. It was like facing the fact that “From now on, there is no way back”. It is easy to invest money into the existing business that is already structured that you simply need to observe management and numbers. But, as for the business that is just started, it is like just crossing your fingers that consumer would like your product and service. In fact, it was required to spend almost 2 years to get the business started due to procedure and preparation such as doing paper works, building machines to brew beer, and getting the license. So the first step was making our mind to take the whole risk that you would spend your time and capital asset for this project.

 

MH: Why you chose Madrid, Spain to launch your business?

HS: I particularly like Madrid, Spain and this neighbor Malasaña. People often argue that Spain is now in the crisis and is not currently a proper location to do business. But, I have grown up in the country with crisis all the time, and so for me this is not crisis. Beside, if you start your business in the difficult condition like that of in Spain now, the condition surrounding your business just can be better in the future. In fact our business has never been in red, so the current situation is normal for us and we think we could have cultivated survival skills. Whatever happens next in the economy, it can be positive factor for us.

 

MH: Did you have any specific difficulties when you launched your business? 

HS: At the time when launched this business, no one had experienced this business model before in Madrid. For example, even for brewing machine and tanks, we needed to customize its size to be placed in this location, center of Madrid, meeting the local requirements and regulation, and it was hard to find someone who would be able to deliver it. Also, we had complicated issues in terms of the operating license because beside it is not easy to gain the license, the concept of our business was novel at that moment here that is difficult to be explained well to the authority. 

 

MH: You mentioned that the concept of this business was novel in Madrid, Spain, when you get it started. How did you market it? 

HS: We did not market that is a part of the strategy we have. We spent 2 years to develop and improve our business model that we went over it, including concept and numbers, many times. We presented our business model to many different kinds of people and they often input their experience and ideas. So at the time when we launched the business, our business model was already well thought and sophisticated that is part of initial success. And location, having brewpub in the center of Madrid, itself is already marketing. The whole concept of business that people can see brewer and tanks is our best marketing structure. Mass media are always around the center that is easy to have them come to here, and also our customer themselves promote our place, putting picture on Facebook and all those kinds of SNS, to share their experience here with their friends. 

 

MH: After 8 month of success, what is your current challenge? 

HS: The current challenge is the next step what we are going to do next. For example, our initial plan was not just serving craft beer inside the bar but also producing beer for abroad. However, the consumption of beer here easily exceeded our initial expectation that we are unable to sell beer to other places. We have already increased the capacity and we are planning an additional capacity increment this year, but then it would reach the maximum manufacturing capacity at this location. Thus our next challenge is how we can put Fábrica Maravillas to the next stage of growth. Needless to say, we would be bigger. The question is how. So we have been currently discussing about what options we can take like, franchising, licensing, join venture, and how that strategy would influence on our brand value. We are supposed to set on next step after this summer. Compared to the potential size of the craft beer industry in Spain, our current distribution capacity is quite small. To make it bigger, we need to contemplate the measure to enlarge it. 

 

MH: Do you have some future vision?

HS: We would like to make people know beer as they know about wine. People living here know a lot about wine that is part of culture, but people seldom select and order specific kind of beer and just say “caña” instead. By educating consumer to have more knowledge on beer, we believe that it would be able to generate additional demand of craft beer and we see the potential to expand our business further. Here Fábrica Maravillas provides people with an opportunity to discover craft beer, which is completely different from mass manufactured one, that is designed for customer to learn beer every time they come here. It is a great challenge to change consumer behavior in the market through providing a distinct customer experience. 

 

MH: What you have learned in International MBA helps you manage your business now?

HS: Yes exactly. Especially at the beginning stage of the business, it helped me a lot. For example, when we were developing the business plan, I definitely translated what I learned in IE into our business model development and improved from an idea to the sophisticated business model, including financial model. Initially, whereas the idea and business plan was unique, it lacked a well-developed financial strategy and plan, and what I have learned in IE is absorbed into this business. It was the first as well as direct input from MBA. 

 

MH: Give us a message for future entrepreneurs.

HS:  First of all, do not think you cannot do good business as long as you do not have a completely new idea.  Even if you do not have any idea, just keep looking for it. It does not have to be sophisticated one but can be basic one. It is understandable because media are eager to take up some interesting novel idea to get an attention. But you can even do business with basic concept like selling bread. Once you get an idea, tell it to everybody. Don’t worry about copying. If somebody can copy it quickly, chances are someone has already done it. A lot of first stage entrepreneurs protect their idea and are less likely to share their idea with people for the fear of being stolen by someone. But no one would actually quit his or her job to copy your idea. People love to help you, and so share your idea with others. 

25
Jun

Wally Olins at IE School of Communication

Written on June 25, 2012 by Begoña González-Cuesta in News

Chat between Branding Guru Wally Olins, Chairman and Co-Founder of Saffron Brand Consultants, and IE Professor Vincent Doyle, on why nations need a brand, and in particular, Spain.

Wally Olins lectured at IE on June 13th 2012, on “Why the Nation Needs a Brand” for the #IEComm Talks organized by IE School of Communication – IE University and co-organized by the Master in Visual Media Communication and the Master in Corporate Communication.

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