The Canadian Youth Business Foundation has selected 30 dynamic young Canadian entrepreneurs to form the official Canadian delegation at the G20 Young Entrepreneur Summit (G20 YES) in Nice, France on October 31-November 2, 2011. The G20 YES is an annual international summit that brings together dedicated and influential entrepreneurs of the G20 countries. Mylène Chaumont is a Canadian delegate.
Why I became an entrepreneur:
All the members of my father’s family are entrepreneurs, from my grandfather to all my uncles and parents. When I mentioned to my parents that I wanted to start my own business one day, my dad suggested that I buy one of his companies and do a family transfer. I was hesitant at first because I thought I wanted to be more independent and do things on my own rather than follow my dad’s steps. He also advised me to work in other organizations and companies first so that I could learn new things before I joined the family business.
Later I understood how clever his advice was to work into other environments first. It helped me bring new ways of doing things to the family business and I did not have to start from scratch with all the challenges a company faces in its early life. I wanted to become an entrepreneur because I have the personality for it and I love taking risks and overcoming challenges.
My best moment as an entrepreneur, my success:
I am truly proud of the go-getter attitude I have created within my business. My parents used to be less proactive with new clients and developing new markets. Once I joined the company, I implemented a stronger sales approach and increased the annual revenue by 50% in less than two years.
Also, I applied for two categories of the Business Excellence awards through the Gatineau Chamber of Commerce. I won both prizes, Best Professional Services in 2009 and Best Family Transfer in 2010.
Finally, I have been able to buy my parents’ shares in the company and also to keep them in the business with me for the last five years.
My next challenge:
We are about to expand our company by opening branches in other cities and provinces in Canada. Also, we are increasing our revenues and sales by 30% every year. This means we need to keep our quality of service and recruit new physicians to keep up with the demand.