WANTREPRENEURS – Part 1 of 3

WANTREPRENEURS – Part 1 of 3 Ever seen start-up hipster types always talking about their “killer business idea” in vague terms because they are afraid someone will steal it as if the idea is the hard part of starting a company?  If yes, then you have seen this bane of actual businesses. These wannabes Steve Jobs types come from many walks of life. I have noticed that they take pleasure in talking about the startups rather than you know, working on the product and getting it out there — which is exactly why a lot of actual potential value has gone to waste. Companies like Theranos (valued at 10bn at a time WITH NO WORKING PRODUCT) or Nikola (Again no working product, insane valuation, and General Motors buy-out deal) are just the tips of the iceberg. These companies not only lose investors billions of dollars (investors such as your average people to retirement fund managers) but also their employees who could have been working on a viable product (instead of the mad fantasies of someone who has watched too many Sci-fi movies and spent too little time in a lab). One would expect for SEC to have regulations against such things — such as not accepting investments without a working prototype and approval process. These 2 components are important because, as you dig deeper into the minds of these wantrepreneurs, you will find they like to talk about something called “exit strategy”, namely being valued high enough that they can dump all their stock and live comfortable or be acquired by a larger company and wash their hands clean of it: like Myspace and other products. Unlike those products, however, these people have little to no intention of turning a profit. This is of course dangerous, and a trend of this can easily cause another .com bubble.  Now that we have learned what a wantrepreneur is, let’s talk about how to recognize such companies. Every investor wants to beat the market but for every Amazon, 100 Nikolas are operating on the same operational procedure, namely, making no profit for over a decade to increase market share. Wantrepreneurs are a clear dangerous investment. They can hide quite well and usually are very convincing on the surface, led by charismatic manipulators who have little to no technical knowledge or interest. They think that if they throw their “magic” which can be anything besides actual technical work and other people’s money at the problem, the problem will be solved. It worked for every other problem in their usual, very privileged lives. I have observed from multiple angles (unwitting client, employee, and technical partner) how these people will cause so much wasted value, and as such, have noticed a few common patterns in companies like this. I hope by sharing this information, my readers will be able to recognize and avoid such companies. In my next column (part 3), I will try to highlight the effects of such people on those that do not make it to the news.  The first red flag you should be looking for is when they always talk about everything surrounding the product or service but never the actual product. When asked about the product, they explain they need to be careful or afraid that their great idea will be stolen, the reason for not sharing.  In truth, they are afraid of being found out. Quite frankly, as soon as I hear the latter part, I just tune out….. (Part 2, March Issue) Read More From This Writer All Post Art Books Business Culture Education Entertainment Food Government Health Interviews Lower West Side Business & Economic Development Medical Military & Veterans Our Community Peace People Sports Who We Are WANTREPRENEURS – Part 1 of 3 February 13, 2022/No Comments POST TITLE (CAPITAL) Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus Read More FLASHPOINT: TAIWAN January 13, 2022/No Comments FLASHPOINT: TAIWAN In this column, I try to discuss things that I think people should know, although I was hoping Read More GREAT RESIGNATION December 13, 2021/No Comments GREAT RESIGNATION The word, “Great Resignation”, has been going around recently, referencing a recent economic phenomenon where people would, en Read More Load More End of Content.

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INTERVIEW # 15: FEATURING WINNIFER GUERRENO

Winnifer Guerrero, the owner of Elevate Permanent Makeup Studio in Buffalo, New York, realized, what I did. If you try you can’t fail. Physics says energy can be transformed from one form to another but it can neither be created none destroyed.  Experiencing the forward motion of trying is a success. And you earned it — to a higher degree than those standing still will ever know. Never in motion, Latina women statistically have a better chance at cleaning a board room than ever sitting at the table. Women like Winnifer will change that. Kind, hilarious, and inward, she is constantly evolving her energy and craft. She has the skill of seeing people’s beauty stronger than they could ever see it for themselves. Her bright smile is one of a solider though quietly she is fighting centuries of economic exclusion and degradation of her demographic by the hands of history. All competitors in the system of capitalism are made equal, but not with equal access to power. Constantly fighting for a seat at the table (we build and clean), Latinas universally fought for the right to vote until 1942, especially in the case of the Dominican Republic. Undervaluation is a good term to describe the Latina state in economic politics. A valuation is the estimate of something’s worth. Demonstrably, Latinas make 67 cents to every $1.00 dollar a non-Latino white man makes. Aware of these facts, Winnifer doubled up and invested in herself. She is brave, considering that Latinas are often excluded from systems of capital that finance business. Despite that, as an economic community, we are working to address the apparent opportunity gap, specifically when doing business with local, state, and federal governments. For example, the creation of the MWBE Classification (Minority Women Business Enterprise), a classification that opened the door for minority businesses to apply for government contracts. Winnifer Guerrero is a third-generation “Buffalo Beat the odds” businesswoman. Her generation of female entrepreneurs are going to change the way people conduct business. In many ways, they already have. Never count anyone out in capitalism, not because they are too young or too inexperienced, or under-resourced, or whatever descriptor you want to use in place of “young” and “black/brown.” Never. Latinas will find a way. And for those of us who have the “privilege” to have a “seat” at the table we cleaned or built, make our presence reflect our intolerance for the language of sexism, xenophobia, homophobia, ageism, racism, patriarchy, and classism. We are successful. Read Winnifer Guerrero’s full interview: Interview Where were you born and raised? What values were taught in your home?  I was born in Brooklyn NY and came to buffalo when I was 11 years old. I am blessed to have been rooted in values of integrity, humility, and compassion.  What was your experience as a student: As a student I always found myself trying to find new ways to connect with my peers and build connections with people. When did you start working and what was your first/favorite job? My first job was washing hair and doing roller sets at my mother’s salon when I was 15 years old, I was her “little helper”.  I always found ways to make money around the shop.  As her clients sat under the dryer, I would offer to paint their toes and do designs for $5. (lol) I knew I wanted to work with my hands as soon as I realized I had the gift of helping other women feel beautiful. What was the moment you were inspired to take full control of your future? When I was 19 years old, I had my first baby. It was then that I had realized I had to work for something greater, I finished beauty school and took my craft very seriously. That’s when I started to grow my own clientele as a hairstylist and makeup artist. What advice do you have for other Latina females who want their voices to be heard in the community? We all have the gift to be able to inspire and cause a butterfly effect in this community. To inspire and be heard from my experience, you must find what you believe in and really go hard for it. Connecting with other people from our community and sharing your views on what you stand for can really go a long way.  What is your theory on human potential?  I believe humans have unlimited potential. That’s why it’s important to feed your mind positive thoughts to develop unlimited beliefs about yourself and your potential.  What is your opinion on the fact that Latina women are the most underpaid demographic in the United States: The fact that Latina women are the most underpaid should be fuel for us to continue to open our own businesses and create opportunities for each other.  What fuels your ambition? Multiple factors fuel my ambition, family, my heritage, and the women that look up to me fuel my ambition. I want to be able to break the curses that have been subconsciously feeding into us. That “we are not worthy of a certain level of success” or that we have to “work for somebody else in order to create something stable for our families”. Who do you admire as a leader? Anyone that beats the odds in my eyes is a leader. I admire those who speak their truth and continue to enforce what they believe in to empower others. What is your vision for your business? My Husband, David Muniz, and I, just opened our new business together called ELEVATE PERMANENT MAKEUP STUDIO LLC at 207 Niagara Street. This place is very special to us because it’s the same location my mother opened her shop10 years ago and it’s also my grandfather’s building. Our vision is to continue to service our clients with quality service and eventually expand our team. I will also start my permanent makeup courses this year to be able to help others get

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LATINO TRANSPARENCY IN 2022: ACCOUNTABILITY

This year in 2022, let’s open our eyes and be more alert and observant of the way our community functions and is treated by the political community.  Be responsible as a citizen. Since you pay taxes, find out who are the politicians or elected officials that represent the community you live in. Get to know your community leaders and observe how they are doing. Are they legitimate community leaders or “self-proclaimed leaders produced by politicians always looking for easy votes, winning elections without opening their eyes, or accountable to anyone except the few who help in the manipulation and delivery of the community votes? (Empty promises). Let’s start the new year with a commitment to get our house in order – socially, economically, and politically. Let’s get closer to our local organizations, like Hispanic United of Buffalo, PRLC, Father Belle, PRACA, Hispanic Heritage Council, Hispanic Women’s League, El Buen Amigo, El Batey Puerto Rican Center, Pushing Latinos Forward, etc.  Visit them, introduce yourself, ask questions, and request to see the budget, how they operate, what are the salaries of their top personal el, and who’s on their board of directors?  Ask about their mission and purpose in the community. Ask about employees, what they do, and how they get their jobs. What money are they getting from the city, state, and federal government? How is that money spent or utilized?  You need to pay attention to your community. Did you know there are plans for a “Hispanic Heritage Center” planned for Niagara Street, sponsored by the Hispanic Heritage Council? Ask them about who’s involved, and what they have in mind.  Have they talked to you or your neighbors about it, what community people are involved in? Who’s putting up or funding the project? Who’s handling the construction contracts? Who’s getting the jobs? These are all legitimate questions for you to ask, it’s the responsibility of the people, of a community to care.  Join and support some of them, especially if you like what you see and learn. White communities will tell you, “Homie don’t play that.” They demand to be kept informed of what is happening in their communities. We need to do the same.  Unfortunately, the reason why black and Latino communities are always behind the 8 ball is that we don’t ask questions, and we don’t care. Change that in 2022, let’s make our community better, for our children, family, and community.  Let’s meet and talk to our leaders, let us build a better community.  In 2022, work on Transparency.    Read More From This Writer All Post Art Books Business Community Education Entertainment Food & Culture Health Interviews Military & Veterans Peace People Politics LATINO COLLEGE STUDENTS FACE INEQUALITY AND CULTURAL ISOLATION AT THE STATE UNIVERSITY OF NEW YORK at BUFFALO March 25, 2023/No Comments LACK OF COLLEGE SERVICES FOR LATINO STUDENTS: This is in response to a story by UB Spectrum reporter, Kayla Estrada, Read More “GETTING VERY LITTLE FOR THE WHOLE,  BUT GETTING A LOT FOR THE FEW” WHAT TO LOOK FOR IN 2023 January 25, 2023/No Comments While I might appear to be biased and selective, I strongly feel the four people in the photo are the Read More The Isaías González-Soto Branch Library (formerly Niagara Branch) is a member of the Buffalo & Erie County Public Library System December 25, 2022/No Comments When the Hispanic Heritage Council (HHC) moved to rename the Niagara Branch Library several years ago, with the support of Read More Load More End of Content.

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