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WEGrow A success story: Gabriela León Mexican high-growth woman entrepreneur
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WEGrow

A success story: Gabriela León Mexican high-growth woman entrepreneur

Gabriela León: A Mexican high-growth woman entrepreneur

WEGrow: Unlocking the Growth Potential of Women Entrepreneurs in Latin America and the Caribbean 2

About the MIF

The Multilateral Investment Fund (MIF) of the Inter-American Development Bank (IDB) works to support economic growth

and poverty reduction in Latin America and the Caribbean through the promotion of investment and private sector

development. As part of its program, the MIF seeks to support entrepreneurs and small and medium enterprises by

creating a favorable ecosystem for early stage financing through angel investing, seed capital, and entrepreneurship. For

more information, please visit www.fomin.org.

About EY

EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help

build trust and confidence in the capital markets and in economies over the world. We develop outstanding leaders who

team to deliver our promises to all of our stakeholders. In doing so, we play a critical role in building a better working world

for our people, for our clients and for our communities. For more information about our organization, please visit:

www.ey.com/mx.

This publication forms part of the study “WEGrow: Unlocking the Growth Potential of Women Entrepreneurs in Latin

America and the Caribbean.” It was commissioned by the Multilateral Investment Fund (MIF), a member of the Inter-

American Development Bank (IDB), to EY. It has been prepared by EY Mexico with the cooperation and supervision of the

MIF’s Early Stage Equity Group. The following people participated in the review process from the MIF: Susana Garcia-

Robles, Monica Pina Alzugaray, Rebeca Granda Marcos, Xuan-Trang Ho and Elizabeth Terry.

© 2014 Inter-American Development Bank. All rights reserved; may be freely reproduced for any non-commercial purpose.

The opinion expressed in this publication are those of the authors and do not necessarily reflect the views of the Inter-

American Development Bank, its Board of Directors, or the countries they represent.

© 2014 Mancera S.C. Member of Ernst & Young Global All rights reserved

Gabriela León: A Mexican high-growth woman entrepreneur

WEGrow: Unlocking the Growth Potential of Women Entrepreneurs in Latin America and the Caribbean 3

Gabriela León was born into a family of

entrepreneurs in Mexico. Her father had his own

construction business and her mother was a

political activist. Thanks to all the entrepreneurial

experiences that surrounded her, she learned that

she always had to fight in order to be successful

and get the best possible results.

“Having a father who was an entrepreneur made

my siblings and me go through good and bad

times. This taught us to never to give up.”

Gabriela graduated from the Universidad

Autónoma Metropolitana with a degree in

biochemical engineering, a field that has always

fascinated her.

HOW DID SHE GET STARTED?

In 1999, Gabriela and her brother Sergio had both

lost their jobs at the same time, when an

opportunity came up. An important company,

where Gabriela had worked previously, offered to

make them the suppliers of the store’s own line of

antibacterial products. For Gabriela and her

brother, this was the perfect moment to start

their own business.

They started their project with just one employee.

So Gabriela and her brother were working side by

side, manufacturing products, labelling them,

filling them, loading the trucks, selling and

invoicing. In order to make things work, they

divided responsibilities according to their

strengths. Sergio, a graphic designer, was in

charge of product packaging and trading strategy,

while Gabriela took charge of product formulas

and managerial duties.

They started to analyze how much money they

needed to meet their first client’s demand and the

funding sources that were available. They pooled

their savings and supplemented these funds with

a loan from their parents.

Her mother has been an important role model in

this adventure, as she was an example of a person

who always fought for what she believed in, and

also supported Gabriela when nobody else around

her did.

WHAT CHALLENGES DID SHE FACE?

“When I started my business I was single and I

remember that my acquaintances were telling me

not to do it, as it was better to work for someone

else and know that I would get a paycheck.”

When Gabriela and Sergio started Gresmex, their

cleaning product company, the entrepreneurial

environment in Mexico was not as developed as it

is today. However, she mentions that at that point

they had support from their parents, who guided

them through the initial stages of their company.

Gabriela León: A Mexican high-growth woman entrepreneur

WEGrow: Unlocking the Growth Potential of Women Entrepreneurs in Latin America and the Caribbean 4

Working in a male-dominated industry has been

difficult for Gabriela. At the factory, it has been

hard to get the male employees to follow a

woman’s instructions. Also, she says there have

been times where people have refused to meet

with or talk to her just because she is a woman.

However, she believes that when someone is

passionate about what she or he is doing, sooner

or later doors will open.

Being a woman entrepreneur has both

advantages but also some disadvantages.

Gabriela has benefited from this situation by

getting to know her strengths and weaknesses

and using both of them to make her company

grow.

“Women entrepreneurs can be described as

stubborn, but some like to call us persistent

instead.”

According to Gabriela, having the support of your

family is essential to success. Being an

entrepreneur, wife, and mother all at the same

time is hard work. Keeping a balance between her

professional and family lives is a challenge she

faces every day.

“My husband helps me in so many ways”.

Her children are among her biggest supporters.

For Gabriela, one of the things that has helped her

see results is getting her children involved in her

achievements and success. They’re aware that

their mother’s work has a positive impact on

society and they support and encourage her to

keep moving forward.

INNOVATION: ADDING VALUE TO PRODUCTS AND

BEING A PIONEER IN THE NANOTECHNOLOGY

INDUSTRY

In 2008, after they had already been reinvesting

the company’s earnings and growing for almost

nine years, Gabriela and her brother decided to

invest in research and development.

This initiative was motivated by a personal

situation that she faced. Gabriela’s son caught a

rotavirus, and she was not able to find any

products on the market to help her protect her

family from this kind of virus. So she saw an

opportunity to add value to her products and

developed a new line of disinfectant products

with a much broader capacity for protection that

uses nanotechnology and eliminates up to 99.99%

of viruses and bacteria.

Gresmex is a Mexican company that specializes in private-label antibacterial and

household care products. Currently, Gresmex operates from a 2,500 square meter facility that employs 75 people and has a daily output capacity of 90 tons. Its market is divided in two main segments:

Household cleaning products.

High-level disinfectant products with applied nanotechnology (Eviter).

http://eviter.mx/

Gabriela León: A Mexican high-growth woman entrepreneur

WEGrow: Unlocking the Growth Potential of Women Entrepreneurs in Latin America and the Caribbean 5

WHAT ARE SOME LESSONS LEARNED FROM PAST

EXPERIENCES?

Gabriela has always known her strengths and

weaknesses. This is why she focused on

developing a network of mentors around her, and

thanks to their advice, she has been able to

maintain her company’s focus.

“Mentorship has been the key to addressing the

weaknesses we had, especially in developing a

strategic financial approach that helped us grow

our company.”

WHAT ARE HER AMBITIONS?

“My vision for 2030 is to take Gresmex to a global

level. We currently have the capacity for

exponential growth.”

Gresmex plans to position itself on a global scale.

Gabriela and her partner have therefore worked

on organizational development and retaining

talent.

She believes that in order to reach her growth

targets successfully, it is necessary to promote the

credibility of their innovation, which already

creates some uncertainty in the market, as it is

disruptive. The scientific and technological

backing that Gresmex needs has been obtained

through universities and well-known and

regulated laboratories, where everything is

guaranteed by independent third parties. Her

company will continue to follow this strategy,

mainly since it provides greater acceptance in the

market.

Greatest mistake ever made …

Not

communicating

enough.

Have confidence

and trust that

your job provides

a benefit to

society.

Best advice ever received

Communication between the company’s

partners is essential. In Gabriela’s and

Gresmex’s case, a lack of communication has

caused them to make expensive mistakes.

However, Gabriela and her partner have

learned how to strengthen communication,

making it more timely and effective with the

purpose of avoiding misunderstandings,

thereby creating a strong, dynamic and

trustworthy partnership.

Gabriela León: A Mexican high-growth woman entrepreneur

WEGrow: Unlocking the Growth Potential of Women Entrepreneurs in Latin America and the Caribbean 6

WHAT IS THE BEST ADVICE THAT SHE COULD

SHARE?

“There have been very dark moments, to the

point where we considered closing Gresmex due to

a lack of resources and because of unfair

competition in the market. However, this has

helped us to think about and understand what we

have done wrong in order for us to learn from our

mistakes and be able to overcome our obstacles.”

There have been difficult times in the journey to

success, but it’s been these tough times that have

allowed them to understand their abilities and

areas of opportunities.

FROM ENTREPRENEUR TO ENTREPRENEUR, THREE PRACTICAL TIPS FOR BECOMING SUCCESSFUL:

Believe in yourself. It will allow you to struggle, because you have a potential that you don’t realize yet.

Establish clear goals and values in your

company. They will guide you during difficult

moments.

Seek mentorship and training. You will be

able to recognize what you need.

” Family support is essential. They must understand that as an entrepreneur you are adding value to society.”

Gabriela León: A Mexican high-growth woman entrepreneur

WEGrow: Unlocking the Growth Potential of Women Entrepreneurs in Latin America and the Caribbean 7

Gabriela León: A Mexican high-growth woman entrepreneur

WEGrow: Unlocking the Growth Potential of Women Entrepreneurs in Latin America and the Caribbean 8

We’re making it our purpose to help build a better working world, starting with yours. ey.com/betterworkingworld

Facebook: EY_Mexico Twitter: @EYNewsMexico

www.ey.com/mx

Multilateral Investment Fund

1300 New York Avenue, N.W., Washington, D.C. 20577

[email protected]

Facebook: fominbid Twitter: @fominbid

www.fomin.org


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