There are several factors that contribute to company failure, some of which are inescapable and inevitable. There are business owners that understand how to steer their company in the direction of success, though. However, it is not a simple road. Entrepreneurs occasionally go above and beyond what they are capable of in order to assure their success in their chosen industry, much like Jose Colmenares. Jose Antonio Colmenares Velasco, also known as Jose, has extensive knowledge in NFT, marketing, investments, life insurance, and finance. His parents José Antonio Colmenares Barradas and Carmen Velasco welcomed him into the world on February 18, 1985, in Caracas, Venezuela. Jose currently lives in Miami, Florida, where he also runs all of his businesses.
It’s More Than Money
According to Jose, time is the most important business resource that entrepreneurs have after money. How can you expect your business to develop if you don’t have time for it? A tough job, building and running a firm. You will fail if you don’t offer anything your whole focus and attention. Because of this, the majority of prosperous entrepreneurs take the risk of quitting their regular, full-time occupations in order to concentrate on their enterprises. They realize that if they want to succeed in business, they must give it their all. Jose asserts that business owners who make time for their operations can handle management tasks with ease. They have time to formulate a business plan, look for customers, speak with potential customers, assemble a team, develop a useful product, etc.
Difference Between Corporate Culture and Entrepreneurship
In his conversation with Jose, he made clear the distinction between an employee of a corporation and an entrepreneur by stating that if you work for a corporation, you have specified responsibilities that you must complete. Among other things, an accountant’s responsibilities include managing cash flow, making payroll, and keeping the books. Finding the best candidates for the job is your responsibility if you work in the recruitment department. If you work on the marketing team, you might be in charge of the company’s graphics, visuals, or multimedia content, or you might be tasked with building a sales funnel for your sales team. You have a specific role in the corporate world, but as an entrepreneur, that role is different. You must realize that you are a one-man team when you decide to become an entrepreneur. Since you will have to handle everything, including hiring, accounting, marketing, and sales, you don’t have an assistant and don’t have a specific job to do.
Starting Early
Jose exhorts all aspiring young businesspeople to launch their ventures now, rather than waiting for the perfect opportunity. When José is 19 years old, he returns to Venezuela and is offered the chance to work for a multinational company from Europe that specializes in industrial maintenance machinery. Even after the business stopped operating in 2013, he kept his job as director of sales. At that point, José committed himself fully to the networks. He began creating content accounts in the same year, utilizing various techniques he had learned from empirical research. At some point, he rose to the position of one of the most important network builders, gaining 14 million followers in total across all the content accounts he is in charge of. In 2017, he began promoting a community centered around trading, discovered blockchain technology, started working with cryptocurrencies, built a signal channel for Criptomonedas, and on December 28 of that same year had the chance to conduct an exclusive interview with John McAfee for the Latincripto channel.
Starting Ups Future
In order to help members make wise investment choices, Jose and Javier Romero (also known as Javier Hala Madrid) co-founded Ups Future, a club that provides members with access to insider knowledge about hot companies, NFTs, and metaverse activities. Everything is aimed at the Hispanic market with the development of a bilingual platform to assist in decentralizing an industry that is more English-centric. Jose discovered after doing a lot of research that there isn’t much to nothing available in Spanish regarding possible investment opportunities and involvement in the metaverse, start-ups, and NFTs. This makes Ups Future unique. Jose and his team want to connect with the communities that have been shut out of the exciting blockchain-related market due to a language barrier.
How to Beat the Competition
Jose claims that successful company owners surround themselves with people who will foster the development of their companies. A mentor or an adviser are two examples. It may also be other prosperous company owners or entrepreneurs. Suppliers and influencers may help businesses increase their marketing. Successful entrepreneurs are already aware that expanding their network inside the sector is necessary for growth. It is simple to break into the industry if you have the correct connections and network. It is therefore advisable to make intelligent buddy selections. Jose advises not to be embarrassed to seek assistance. Make sure to cultivate these connections and ask the appropriate people in your network for assistance.
Excelling in Digital Marketing
Our current digital revolution has significantly altered how we conduct business. Entrepreneurs must comprehend that digital marketing is a crucial component that must be included in their business plans. Because they understand how to use digital marketing to expand their audience, engage with their target market, and increase their cash flow, most entrepreneurs are successful in their businesses. Jose asserts that applying digital marketing strategies to businesses will enable business owners to accomplish a number of goals, including connecting with customers online, reaching (mobile customers), boosting return on investment (ROI), monitoring customer interactions, and increasing conversion rates.
