Simplifying office management operations decreases a company’s monthly expenses by 30%.
25% of your human resources team’s time every month is wasted on office management operations, especially restocking supplies.
Yaydoo is providing services for companies headquartered in the largest cities in Mexico including Mexico City, Monterrey, Cancun, and Guadalajara. Simultaneously, they are piloting expanding operations into Puerto Rico by piloting new partnerships with co-working spaces. As with scaling into any new region, Puerto Rico’s office management operations have their own cultural context. As opposed to Mexico and majority of United States where office management and supplies logistics falls onto the role and responsibilities of companies leasing a building, Puerto Rico inverts these responsibilities in that office buildings take over the supplier operations for all the companies in their building. Providing an even easier way to scale by selling to fewer clients (the buildings), and reaching more companies (the subleases). Collectively, these cities in Mexico add up to a total population of just over 18 million people. The economies of these cities and business sectors are flourishing. Guadalajara is the 10th largest GDP city in LATAM, of which most of this GDP comes from commerce that employs 60% of the city. Mexico City’s gross domestic product make it rank 8th in the list of richest cities in the world and is home to the most active startup scene in Mexico along with Monterrey. Cancun is an important tourist destination with a robust economy. Monterrey is a major industrial business center and home to Mexican companies such as Grupo Bimbo, CEMEX, and Heineken as well as a handful of high-profile international companies.
Creating relationships between suppliers, offices and banks open up gateways to new trajectories of high impact growth.
Given the very small early stage investment ecosystem in Latin America, fundraising is even more taxing and time consuming for startups in LATAM.
Yaydoo is providing an innovative holistic office management supply service for an untapped market of consumers. If there was a more robust early stage investment ecosystem in Latin America, Yaydoo would be a clear all-star prospective startup investment. They are currently raising a round and the ideal investor is a single, well-connected investor with great distribution connections or venture capital firms with companies in their portfolios with distribution expertise. Examples include banks, enterprise customers, telephone companies to name a few. Is this you or someone you know? Are you interested in increasing the productivity of SME’s workforce and decreasing the inefficiencies of office management operations?
Are you an investor and interested in increasing the productivity of SME’s workforce and decreasing the inefficiencies of office management operations? Yaydoo is looking for you.
Having participated in Parallel 18 business accelerator in Puerto Rico — the program that provided a bridge that opened them up to the opportunity to pilot scaling into this region– Sergio Almaguer, CEO of Yaydoo, shares the most impactful results of this experience on him and his company including the opening up Yaydoo to learn about expanding in the new market of Puerto Rico as well as the positive supportive community of energy-giving entrepreneurs, mentors, and connections that are key components of the Parallel 18 ecosystem.
Sergio shares two resources that have been especially impactful on his entrepreneurial journey and Yaydoo’s growth. First, is a book that shows the importance of culture in impacting your startup and the value of putting an emphasis on passion over profit. This book by CEO of Zappos, Tony Hsieh, “Delivering Happiness“.
The 2nd book Sergio recommends is Malcolm Gladwell’s “Outliers” that demonstrates there are a lot of factors that must coalesce in a moment that fuels a success story that defies the status quo, but there is one thing you can control to increase your odds — hard work. Hard work is the one thing you can control that increases your odds of success.
” There is one thing you can control to increase your odds of success:
hard work. ”
– Malcolm Gladwell