Issue link: http://endeavor.uberflip.com/i/1062008
I M P A C T R E P O R T 2 0 1 7 / 2 0 1 8 M A N A G I N G P A R T N E R O F A D V E N T I N T E R N A T I O N A L Ernest Bachrach is a dual US/Argentine national with over 30 years of experience in international private equity. He is a former Managing Partner from Advent International, a global private equity firm. He joined Advent in 1990 and has held several positions including Chairman of the firm's Latin American investment committee. Ernest was on the Advent's global executive committee for 12 years and was a member of Advent's Board of Directors. Ernest currently serves as a member of the board of Bunge Group (NYSE:BG). He has a B.S. in Chemical Engineering from Lehigh University and an M.B.A. from Harvard Graduate School of Business Administration. He also serves on the Board of Governors of the Lauder Institute of the Wharton School of the University of Pennsylvania and on the Board of the Harvard Center for Latin American Studies. Ernest has led investments in 25 companies as a private equity professional and has served on the boards of over a dozen public and private companies in sectors including financial services, healthcare, retail, technology and infrastructure. Over the past five years, he joined the board of Endeavor Miami and Endeavor Peru, and is actively mentoring early stage companies on business development and strategy. What is the best advice you would give to a company looking to scale? Concentrate on generating revenue. It's always easier to subsequently raise more funding if investors can see compelling revenue growth. What is the relationship between company culture and business success? Once you grow beyond having a personal bond with each employee, you need corporate culture to build/sustain that bonding. What have you enjoyed the most throughout your time as Board Member? Working with an organization whose primary objective is to help others succeed. ERNEST BACHRACH endeavormiami.org