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Albert Domingo

IESE PDD 1997

adm@nextret.net

Company name: NexTReT, S.L.

Company website: www.nextret.net

Year Founded: 1993

Current Revenues: € 5.5 million

Number of employees: 105

Age of entrepreneur (now/at foundation): 38/26

How did you fund the company?: I started on my own as I saw an opportunity not covered in the Spanish market and I knew I could do it.

 

EC: Briefly describe the product or service your company provides/provided.

 

AD: Business IT Solutions specially focused to Quality of Service Management of multichannel applications for wide network companies (wide area network, Internet, automatic telephony…)

 

EC: What is your role in the company?  How many people in your founding team and what are their roles?

 

AD: I am currently the CEO.  I started the company on my own, but today we are 6 executive shareholders running the company.

 

EC: Current stage of development?

 

AD: Maturity in a sector with changes continuously.  Actually we are developing a geographic expansion plan.

 

EC: What do you consider your greatest achievement?

 

AD: Having developed a product in which international business leaders are interested in (a multi-channel monitor).

 

EC: What do you wish you could do over again knowing what you know now?

 

AD: It would have been much easier to achieve the objectives the first time.

 

EC: What do you find the most satisfying about your life as an entrepreneur?

 

AD: You have to write your own rules.

 

EC: What is the hardest part of daily life as an entrepreneur?

 

AD: Often you find yourself lonely.

 

EC: Would you do it all over again?

 

AD: Of course!!!

  

EC:  Do you have any words of advice for students from the IESE MBA that are considering starting their own businesses after graduation?

 

AD: If you have an idea and you think you can do it better than it’s already done in the market, just start your own business.  Always analyze the risks you can afford to take before starting to think of the benefits you can achieve.

 

 

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