Tuesday, June 10, 2014

My Childhood is What Drives My Startup

I am the child I’m trying to reach. I grew up with a Latina, Spanish dominant, immigrant and single mother who worked three jobs to make ends meet. My mom use to say, “we may be poor, but we’re not stupid.” Education was the way out of the “hood,” and she was going to ensure I and my siblings would get there. Like many immigrant families with small children I was sent away at 7 years old to the homeland (in this case Panamá) to spend the summers with my grandmother. I didn’t speak a word of Spanish and I was terrified. After three months of full immersion I came back fully bilingual and bicultural. I begged my mom to send me back and she did when I was 9 and 14 years old. I intimately understand what it’s like to be thrusted into a foreign environment where you don’t speak the language.

Ultimately, learning a second language and becoming bicultural opened up many opportunities for me. These new skill sets set the stage for my academic studies and long term career path. I would carry the flag for those who didn’t have a voice to influence change. I would take my skills and knowledge to Sony Music Entertainment and propose a completely out of the box idea (originally met with great resistance). My strategy was to take some of the Latino artists on the Latin label and cross them over to the general market. A multi-million dollar strategy resulting in huge sales. Since then I've been devising winning business strategies to help company's tap into the ever-growing Hispanic market. I opened up an office on the West Coast and provided similar services to the movie studios. One of my many film clients was Mel Gibson and while controversial, I handled all the Hispanic marketing and PR for “The Passion of the Christ;” now a casebook marketing study.

After 10 years in entertainment, I went to work for a visionary man; Mario Baeza the former executive chairman of Vme Media. Alongside a research analyst, we conducted extensive research about the Latino educational crisis. With this research in hand, Mario wrote a white paper about the crisis and how high quality children’s programming could better prepare Latino children for kindergarten. That white paper essentially became the foundation for my startup, Bilingual Children’s Enterprises. My company is an e-learning, multimedia edutainment company developing, aggregating and acquiring bilingual and dual language transmedia properties. Our mission is to provide our users/customer base with appropriate and effective tools to stimulate children’s language and numeracy skills through bilingual and dual language content from an early age. We intend to develop and position original and acquired kid content across multiple platforms including broadcasting, streaming video, web, mobile and tablets. We create products with high pedagogic quality accompanied with a large dose of fun for learning to take its course without the child ever even noticing. Families and educators who are interested in bilingual, dual language and preschool through 1st grade content, are our primary target audience.

In 2011, a small network in the NYC area was awarded a $30 million grant from the US Department of Education. Out of 300 content providers, we were selected as a top three finalist. For this grant submission I assembled an amazing team, invested $10,000 of my own money to create our demo and of course countless hours. While we were waiting for a decision from this network, I submitted our demo and business plan to another network. Ultimately, we didn’t win the grant, but still it gave me the confidence to know we we’re on the right track. We ended up hearing from the second network and began negotiations to give them the distribution rights to the show; all contingent upon us securing the funding for production.  With a distribution contract in hand we also secured investors. However, after a long process of figuring out the production budget, our investors decided to pull the plug at the start line. It took three years of hard work to get to this point and then surprisingly with a three-sentence email, everything came to a halt.  These two huge set backs completely derailed my enthusiasm for my startup and caused my co-founder to leave. I took off almost a year from working on my startup and then to my surprise, a friend wrote me check that ultimately helped me start all over again. So here I am, yet again, persevering through my failures and lessons learned with an even greater level of enthusiasm. I don’t know where this entrepreneurial spirit comes from…sometimes I think it’s a blessing, other times it feels like a curse.


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