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July 13,
2002 (Saturday)
Learning and Growing
Through Business Successes and Failures
Sarian S. Bouma
CEO, Capitol Hill Building Maintenance,
Inc./USA
The Best Always Get
Their Price:
My reason for existence
as a businesswoman presented itself to me in 1994. It became true when I was
awarded two major contracts:
1)
To clean the New Executive Office Building located on the grounds of the
Office of the United States President.
2)
My first multi-million dollar contract to clean over two hundred
buildings at a military base in Maryland.
The prospect of
cleaning those buildings promises to be overwhelming, yet lucrative. When the
opportunity came, I had no choice but to pursue it. Figuring out that these two
contracts would be worth at least $1 million was the easy part. Figuring out
how to proceed proved the challenging part.
This moment of victory
not only brought me my greatest achievement, but also the lowest point of my
life. How in the world can I manage and above all successfully fulfill both
contracts? No FUNDS for working capital! Where can I find two hundred
employees in two months? Is this SUCCESS or FAILURE for a determined
businesswoman whose dreams have come true and prayers
answered by God to make millions in revenue?
I embarked on this
journey for at least three months all at my own expense in the start of these
two major contracts. I didn’t mind nor worry about the time and expense. If
this is what I had to do to get results, so be it.
Each and every hour, I
said a little prayer and went about the business of making sure that these two
first major contracts for my company would indeed go well. Admittedly, I was
lost. I had very few clues to what I was doing. But, I knew one thing. Do it
wrong and I could lose millions – and prove to corporate America that a young,
black, foreign woman is not yet ready to play ball with “those of us that have
been around since the creation of man!”
I tried putting my
preparation package together on my own for the first time, and I only got the
job half done. I couldn’t take any more risk, so I searched for a consultant
through my women’s group network.
To the credit of great
women’s networking, I was referred to several women groups who linked me up with
the U.S. Small Business Administration and the Maryland Small Business
Development Financing Authority.
The six-month process
has been excruciating, but was definitely worth it. We had snagged our first
million-dollar contract and the highest office in the United States. We’ve come
awfully far from the first $12,000 job, when I could barely make payroll.
Winning these contracts
was just the beginning for me. I had to ramp up for the project and I had quite
a way to go.
My first stop was to
secure capital.
One thing I learned
from the last few years working with any federal government throughout the world
is that they are very slow in paying its contractors. With this experience as a
backdrop, I knew what was in store. With a massive organization like the
military, I could not expect to receive my first payment for at least three
months. No way would my staff be able to endure this long wait.
With a tinge of
urgency, I approached my bank of record, which has treated me well through years
of struggle, for a $200,000 loan. Unlike most banks, which do not believe in
women-owned businesses, the Sr. Vice President of my bank, The Columbia Bank of
Maryland, expressed excitement about these contracts and approved the loan.
I am very pleased to
close by saying, not only did I make it through the
first six
months, but performed both contracts back to
back for five full years.
My perseverance, hard
work and the ultimate support of my family and staff members earned our company
the National Award from the U.S. Small Business Administration as the 1998
Welfare to Work Entrepreneur of the Year.
Gisele Rufer
President, Delance, S.A./Switzerland
I was working for OMEGA as a product manager for their
whole collection. OMEGA is particularly orientated towards watches for men, but
I managed to convince my boss that we needed a special watch for women. After a
few attempts, I received carte blanche and a realistic budget to develop a
special new collection for women. I developed a concept and worked like crazy
for more than two years on the Woman’s Watch Project, in addition to all the
other lines I was looking after. In the meantime, my boss left the company and,
unfortunately for me, his successor decided not to continue with my vision of an
Omega watch for women. He said that it was just a woman’s idea, like it was
crazy. After a few days I decided to leave the company disappointed in their
poor respect for women’s opinions and lifestyle.
I have to tell you that I was terribly disappointed to the
point of despair. Back home, it was a nice day and I was on my balcony enjoying
the nice weather thinking of what to do. Why not spend the rest of my life just
enjoying life, just earning some money to eat and leave any ambition on the
balcony?
After a while I decided to count my advantages and
disadvantages. I was 48, a woman in a woman’s world and without money. But I
am courageous, enthusiastic, I can speak 3 languages, I am an artist and an
engineer and I have good skills in management. I have a wide network in the
watch industry and in women’s circles. I love to create and communicate, meet
people of all sorts, develop new products and travel all over the world. And
most of all, I always had the mission to be a mentor for other women. To be a
mentor you need mentorees. And they are not on my balcony, they are waiting to
be encouraged in the hard men’s world. In order to achieve my mission I HAD to
go back in the lion’s den and give them my message of harmony. But I would do
it with a symbol.
I called my dear friend, Carol, a designer. “Carol I want
to create an icon, a symbol of excellence for women, something great with a very
strong significance. I have no money, but I have a mission, will you help
me?…Yes.” And together, with fun, laughter and passion, we designed DELANCE.
That was the spark that made me move to my destiny. And
then began the long road from the idea to the product and its acceptance, from
the product to the company, from the company to the worldwide distribution.
First, I began to tell my idea to family and friends. The
ones who really loved me could understand my mission, the others thought I was
crazy, and some were frankly bad. On the way, I lost my stepfamily and after a
few years my husband and some friends.
Still very enthusiastic, I went back to the university and
after six months intensive study obtained an entrpreneurship degree. So I was
reactivated and up to date with my knowledge and had the modern tools to be
successful. I can recommend to everyone who wants to create her own company to
do something like this beforehand.
With my business plan I went to the bankers. I could not
convince them – there are enough watches on the market. Why a watch especially
for women? And your idea of this universal symbol is utopian. We are sorry, but
we have no money for you.
Meantime, I was working on the design and the prototype.
The design appeared very quickly to be marvelous. But we had a hard time with
the prototype and it cost quite a lot.
Finally, with the prototype and the business plan I went to
the “big brands.” Some did not give me any time at all, some did and with a
very nice smile, but told me that women were not very important for them. And
anyway women buy men’s watches!
What should I have done? Sometimes I think I should have
stopped there. But my mission was obsessive. I had to continue at all cost.
So I went to the suppliers to find one who could make the
cases. I visited so many of them. Too complicated, impossible to do, we have
no time to lose on a speciality. Finally I went to a supplier whose reputation
was for very macho cases in steel. His father was making cases for my father.
How I convinced him to tool-up to make my case and succeed with its production
and how I lost $200,000 with them is another story completely. What’s important
is that they did a good job and this set the foundation for my future.
I could tell you the detail of building a company and you
would say: never…never. But when you have a dream, a mission you continue,
simply because your life depends on it.
That is why I would like to share with you this sentence:
What Makes A Successful BusinessWoman?
Is it talent? Well, perhaps, although I’ve known many
enormously successful people who were not gifted in any outstanding way, nor
blessed with particular talent. Is it, then, intelligence? What, then, is the
mystical ingredient? It’s persistence. It’s that certain little spirit that
compels you to stick it out just when you’re at your most tired. It’s that
quality that forces you to persevere, find the route around the stone wall.
It’s the immovable stubbornness that will not allow you to cave in when everyone
says give up.
-Estee Lauder
Carmen Villahizan Martin
President, Associacion de Mujeres Profesionales y Empresarias de Alava (AMPEA)/Spain
My “professional independence” began at the age of 32, a
magnificent age for a women to make a significant change in her life that will
mark her personal and professional future. My decision to go independent
was taken after an experience as an employee with a consultancy group, where I
found I was not professionally satisfied for various reasons.
I created a business, technical and economic plan, while
valuing first and with honesty my professional capacity for the planned goal.
In a few years, my professional endeavor was transformed into a Consultancy
comprised of a team of 12 licensed individuals (11 women).
The acquired prestige led 300 enterprises to trust in the
Consultancy’s direction in different areas: fiscal, accounting, socio-labor,
juridical, etc., and more importantly, most of the clients began incorporating
themselves at the recommendation of satisfied clients.
I’ve always maintained that between business success and
personal realization there has to be a balance, because if not growth will be
uneven due to deficiencies that could arise in one of the two camps, thereby
negating a clear vision of the intended enterprise, which could lead it to fail.
From the beginning, the envisioned development and growth
of the enterprise was tied to reality, where money was never the main objective,
and this has helped the staff to live in harmony, but also extending that
harmony to the clients and collaborators.
The staff should always been considered the essential
component of the enterprise, given that, in general, their behavior is a
reflection of those who lead them. The values by which they are trained and
supervised should not be strictly material, as a friendly, social, happy and
mutually-respecting environment will always give better results, including more
profits for the enterprise. A relaxed environment produces better,
professional results than a tense, accelerated environment.
The training and example that we give our employees should
extend to imparting respect for and training in areas that are not strictly
professional, such as respect for the environment, helping others, tolerance for
different backgrounds, generosity, passion for a job well done, openness to
change, etc.
Once my project had matured, and keeping in mind that
companies/clients require an integral assessment in order to provide better
services, I decided to merge my Consultancy with another that specialized in
areas that we lacked, once I had studied the positive and negative risks that
could arise from expanding my business into areas of distinct specialization.
The integration has been satisfactory, except in one
regard. Some of the men that managed the consultancy into which we integrated
haven’t been able to accept the changes needed to function better. The problem
is fundamental, given that the corrections are proposed and made by a woman
leading a group of mostly women, which had achieved a greater success than the
“group of men led by men.”
As a woman, my experience of merging my consultancy into
another has been very important, but sadly has confirmed that many men still do
not accept as normal being directed by women, celebrating our successes or at
least applauding our skills.
Cristina Dimitrova
Managing Director, Pain d’Or, S.A./Bulgaria
I come from Bulgaria, a
country where for a long period the private businesses and trading did not
exist, where we’re not supposed to be ambitious and we were not supposed to use
our brains. All of a sudden, we found ourselves alone, responsible for our
families and ourselves, fighting, striving, and competing to build our own
future.
I, myself, started this
fight in 1994. At this time, we established the croissant factory, Pain d’Or.
I call it a factory and not a bakery, because we produce more than a hundred
thousand croissants a day.
We started our business
with a perfect start, a dream start of any investor. We were very successful,
and the market was full of our croissants. You could find Pain d’Or croissants
everywhere. But, and always there is a “but,” like most of the other East
European emerging countries, we fell into a bad recession. Business dropped
badly. Our sales fell to less than 50%. Most of our distributors went
bankrupt. Wholesalers closed down. Shops closed down. It was a challenging
time. We were only two years old, healthy and growing, when this first hurdle
crossed our way, big as a mountain.
What we did to survive
was to look for a niche in our market. And this niche was the bread.
Traditional Bulgarian bread, European bread, French baguette, Italian ciabatta,
German rogana, etc. The people cared about their bread. The bread of Pain d’Or
was a hit even during this harsh crisis. From bread we turned to pastry and we
added French pastry and sweets to our selection. This way we were sitting on a
chair with three legs – croissants, breads and sweets. In 1998, after moving to
our new premises, we added the fourth leg to our chair – producing McDonald’s
buns for all their restaurants in Bulgaria.
Then we started opening
our factory outlets in downtown Sofia, where we sold, promoted and merchandised
our products. These shops were not only the façade of Pain d’Or, but also an
excellent research point to study and analyze the customer preferences, comments
and demands.
We were able to survive
this turbulent economic and business environment also through the persistence,
the hard work and the commitment of our
workforce. It is of utmost importance to mention that 80% of our labor force is
women. We spent ample time to train them how to produce and, even better, how
to produce a good quality product. Training our employees is one of the most
important steps towards achieving our goals.
In Pain d’Or we try to
create a work environment where our employees can excel and contribute to the
goals of the company. We care about their problems and listen to their worries
and concerns. We fully recognize the importance of a well-trained work force
and the critical contribution of our employees to our success.
During all these years,
we never lost sight of our priorities: keeping our employees motivated,
producing a high quality product and most important caring about our customers.
After all, a big majority of our clients are children. We know and we do take
very good care to have a clean process and give to our customers a luscious
product, clean and healthy.
In September 2001, Pain
d’Or was the first and only bakery in Bulgaria to be ISO 9001 certified by SGS
(General Society of Surveillance). The ISO 9001 certificate was the measuring
tool to compare ourselves with the European Quality Standards and conform our
quality and safety criteria to those of the international companies we supply
daily – McDonald’s, Shell, Hilton, Metro, Billa, etc.
Through ISO 9001 we
increased the quality and reliability of our production. We better control the
effectiveness of our work, and we optimize the expenses and the incomes.
Acquiring the ISO 9001 certificate was one of the steps on the long and
difficult trip to improvement and success.
Last, but not least,
Pain d’Or is an export-oriented company, since the beginning. Our Sales
Managers participated in all the important Bulgarian and international fairs and
exhibitions. Pain d’Or was one of the first Bulgarian food manufacturing
companies to have a website, since 1998. Today our products are sold in more
than 15 countries and our export sales are increasing every year.
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