Issue link: http://endeavor.uberflip.com/i/210522
SCALING UP team suggested that he consider that his company's focus on providing launching in Miami, where the combina- mobile services for basic phones tion of a need for healthcare profession- was too narrow. To stay relevant, the als and a large immigrant population mentor warned, Naranya would need provided fertile ground for Campoalto to eventually branch into smartphone schools. Andrés decided to take the offerings. As a result, Arturo began team's advice. His company will launch investing aggressively in R&D, launch- its first school in Miami by year-end 2013. ing an Innovation Unit of 20 engineers Following another suggestion from the as well as a start-up accelerator and G-Lab team, Campoalto's Miami campus early stage fund. From 2011 to 2012, the will pair healthcare training with English Mexican company grew revenues by proficiency classes because the United 36% and jobs by 18%. States government requires that most Pozitron, a Turkish mobile B2B board certification classes be taught company, reported that at the 2007 in English. Summit, a mentor told them to "never Endeavor's range of support services delegate negotiation." The founders seeks to connect entrepreneurs to to participate in contract negotiations matter experts who can help them navi- with major clients, which led them to gate problems and seize opportunities. develop and strengthen long-term, A 2013 Endeavor Insight study showed that 65% of the founders of the fastest-growing Endeavor companies reported that the best business advice they had ever received came from an Endeavor mentor. Arturo Galvan of Naranya, for exam- James Wolfensohn Chairman Wolfensohn & Company LLC implemented the advice by continuing a network of executives and subject "You cannot hope to lift economies without promoting entrepreneurship. Endeavor has proven itself the most effective organization at building entrepreneurial ecosystems where none had existed before." sustainable partnerships. Between 2011 and 2012, the company reported 77% growth in revenues and 70% growth in jobs. ple, was advised by an Endeavor mentor Arturo Galván, the founder & CEO of Naranya, in the company's Monterrey, Mexico headquarters.