Issue link: http://endeavor.uberflip.com/i/88132
ENDEAVOR IMPACT REPORT 2011 – 2012 QUOTED "When I witness the power of Endeavor's model to pioneer entrepreneurship and to create opportunity, inspiration, and economic growth, I am convinced that Endeavor is instrumental in catapulting emerging markets out of international aid and firmly into international investment." Edgar Bronfman, Jr. Accretive LLC. General Partner Endeavor Global Chairman is giving Starbucks healthy competition — grow their businesses into international brands. Likewise, Endeavor Colombia's office in Bogotá has worked with a number of companies as they expand beyond borders. One such business, Bodytech, recently finalized a partnership with Sportlife to become the largest chain of gyms in Latin America. 10 The results in each country confirm the same initial philosophy: That a small group of entrepreneurs capable of scaling their businesses can have an outsized effect on the economy. PART TWO: FROM CHARMING TO IMPORTANT INTRIGUED BY ENDEAVOR'S growing success, former Warner Music Group Chairman and ceo Edgar Bronfman, Jr., became Chairman of Endeavor's Board of Directors in 2004. "When I witness the power of Endeavor's model to pioneer entre- preneurship and to create opportunity, inspira- tion and economic growth, I am convinced that Endeavor is instrumental in catapulting emerging markets out of international aid and firmly into international investment," he said. Bronfman pushed the organization to ramp up its rate of global expansion. "I believe in the model," he said, "but I think it's charming. If I am going to commit to this organization and get other people involved, it needs to become important." With that in mind, Endeavor established a target LEILA VELEZ (CONTINUED FROM PAGE 9) are routinely audited by an internal quality control team. Leila Velez, and her sister-in-law, Zica, are the dynamic entrepreneurs behind Beleza Natural. The duo grew up in the favelas of Rio, where Zica, a hairdresser, began spending much of her free time developing what became the Super Relaxer. Leila meanwhile got her start as a McDonalds cashier. Since the first Beleza Natural launched in 1993, the company has ballooned into a $70M brand and aims to set up shop in Harlem. CEO since 2009, Leila has been honored by both Ernst & Young and Veuve Clicquot and was recently featured in Forbes. She is a highly active member of the Endeavor network, frequently speaking at entrepreneurship events on Endeavor's behalf. BY THE NUMBERS 350 EMPLOYEES AT SELECTION 1400+ EMPLOYEES 2012 $4.4M $70M REVENUE 2004 REVENUE 2011