Carlos Michel is proficient in Spanish, holds a Bachelor’s Degree in Computer Science and has nearly 5 ½ years of working with Lockheed Martin. He is the owner of a rapidly growing business that oversees the development of new cloud based technology and helps his clients bridge language barriers in more than a 180 languages and dialects including American Sign Language. Carlos is also the founder and CEO of GAITES Language & Document Management Services.
It’s not wise to jump into an industry without fully understanding it. – Carlos Michel
Carlos emphasized for entrepreneurs to completely understand the industry they’re going into before completely getting into it. You need to know who your top 5 competitors are in order to fully know how well you’re doing. Study your competitors thoroughly. “When you’re adding content to your website that’s when you really learn what your business model may or may not be.”
Carlos’s One Idea
Carlos had worked with Lockheed Martin for 7 years. In 2001, 2002 he got involved in building websites, marketing, graphic designs, etc. He was introduced to a gentleman who owned a non-emergency transportation company. His bid for the contract wasn’t granted by the company took his ideas and applied it to their magazines. This was his first lesson in protecting your proprietary information. Several years later, the same company called Carlos to have him head the company’s marketing department. He worked there for several years learning how the whole business functioned. From the knowledge he gained he started building his own business before the company went out of business.
The Document Management Service portion of his business is the storing and destroying sensitive information. At this time, cloud services started to surface, which allowed him to offer this service as a more viable proposition to offer. His business model pivoted from labor intensive type of services into the Cloud and the internet. Carlos’ company offers language pairs, translation and interpretation in upwards of 200 languages. They translate websites, documents, voice over work and produce media in about 200 languages. His staff is comprised of people who are native speakers of the language clients are requesting and they are highly educated. They are also credentialed for the specific fields they’re needed in.
To connect with Carlos:
Carlos’s Email: email@example.com
Lessons / Struggles
For most entrepreneurs, you get the notion that if they build it, they will come. He had to start finding ways to progress with limited resources. He only had his savings left.
Why weren’t people coming to my store to purchase something that they needed?
“You may have a great idea but it doesn’t necessarily mean the consumers care about it.”
You really have to market yourself. People really gravitate to the individual.
You have to get out and sell what you are. He became a “Yes” man to build his grassroots.
Learn how to be as lean as possible. Have the service pay for itself. Pay your contractors immediately.
5 Moves To Start A New Business
If he were to start another business today, he would concentrate on five are:
- He would do everything exactly what he did. No business will be successful without learning everything about the business.
- Learn how to be lean.
- Learn responsibility & credibility.
- Dive into the industry you want to participate in.
- Ask a thousand questions from a thousand people who know the industry.
Think and Grow Rich by Napoleon Hill
Success comes from mental fortitude that comes from within.
Secret To Success
“Your success depends on who you are. Be the person, not the salesman. The person behind the logo.”