In 2006 I met Rodrigo Hao in high school; he has been my friend during all this years. In 2007 he left school to start working with his older brother that is 30 years old and has created a big textile company, from manufacturing his own clothes, to the distribution in Firenze, Madrid and Shanghai.
He worked during two years in the sales and management area in Madrid, while he closely learned from his brother. In 2010 he went living to shanghai where he started working in the demanding area, where he had to talk to manufacturers and transporters to make sure that the clothes will arrive to each department.
After 3 years working in shanghai, he started seeing a great opportunity, thanks to his progress in Chinese and with a great list of contacts in the textile industry. One day he was back to Madrid, he told me about his idea, starting his own brand.
This idea has always been into his mind, but he saw the moment coming, and he was ready to start. His brother lends him the money to start the business, around 60.000€. So he could start opening one shop and start doing the business.
Since I know him, when he started his company I couldn´t even see him because he is very dedicated to his business and keeps innovating and implementing new growing strategy. After seeing all his efforts and work, I believe he is very dedicated to his business and that he is a real entrepreneur because he is not scared to success in an economic crisis situation.
Opportunity identification.
My friend identified this business opportunity thanks to his background, working and learning how the industry was behaving, and what factors were important in order to make his older brother succeed. He knows that he has a premium access to the clothing manufacturer thanks to his contacts and his fluent Chinese speaking.
His initial idea was to have storage where he could have easy access in order to keep his shops working. But due to the economic problems he