Ilab360 magazine | 4 Ilab360 Magazine | 4 | Page 21

During his time at Cornell University, Mauricio decides to participate in an entrepreneurship competition, where he comes to know of a type of water filter that’s highly effective, as well as conventional – ideal for rural communities with limited resources. And it’s right then and there that he decides he wants to bring these filters to Mexico; although at the time he didn’t have the financial aid needed to perform such an operation. at first, only one shirt model was in stock, and the project has diversified to the point where today there are more than 13 different shirt models, even Polo shirts and sweatshirts, for both men and women. As every new product does, Dos Banderas has to undergo a maturity process in order to establish themselves as a leading clothing brand – primarily by making sales all over Mexico and not only in the North. Fully aware of “I thought, `how do I do it?’ `how do I gath- his company’s current state, Mauricio doesn’t er the necessary funds to do this?’ So I decide hide from its reality, though he doesn’t let I’m going to create a Mexican clothing brand, this reality overshadow his long-term vision. and for each shirt sold I will give on of these water filters to a person in need. I’m going to cre- Arechavaleta admits, “The filters are a ate a sustainable company that will not rely on short term solution. I want to, later on, prodonations to survive, and I will make deliveries duce or purchase large pumps; technologies all over the country” says Mauricio about his that purify water for years and years. The perthen-new project: Dos Banderas (Two Flags). sonal filter [we currently distribute] purifies a little more than 264 gallons of water and has a lifespan of roughly two years, while the family filter has a lifespan of roughly six and a half years, purifying about 4,755 gallons of water.” He tells us more about how the competition – which consisted of about 200 entrepreneurs – was won, as well as how he motivated himself to make the project a reality. Though the brand’s development has been gradual, it has never stopped growing; Even though there may not be a whole lot of direct competition (in Mexico) as far as brands with altruistic means, Dos Banderas remains a unique brand, given that it’s “100% Mexican; the fabric is bought in Mexico, and the shirts are produced in the country as well.” And it’s precisely these types of details – as well as the impact that is made today in rural communities – that separate this project from other companies in the same industry. 20