Franco Parisi speech at the Congress of Entrepreneurs of Chile, Octobre 28, 2013


Good afternoon. Many, but thank you very much for the invitation. First, I have to tell them something loud and clear: do not believe them. You have removed the dirt. Seriously, you have ninguniado them, have treated them badly. They know what has happened to me the same thing to you they grabbed me and made me piece. When he says that he would be president of Chile, they told me "will be president of Kidzania". President of course. And you know what? I not mean, but I'm winning. Choose the survey they want, El Mercurio not vezca me (?), The Third vezca not me, not vezca Channel Thirteen me, like you.
You know what? Chile changed and have not been realized. You have the power. First, kudos to who are gathered here. The most important thing at that meeting is not Andres Claudio, Tomas, Andrew, if not my own, you are! Get to know! Seize the meeting and exchange cards, talk about their projects, perhaps here is your best partner. You will not be able to grow without partners. They have to understand that. This is the importance of this meeting. Not these old who are here on. You are. You are the entrepreneurs, that will change Chile.
Andres share with women. Yes, women need to be supported in the venture, do you know why? Because of directors meeting here in Chile are at eight in the evening. The woman as intelligent, says I want to be CEO, my daughter is fifteen and has a boyfriend of 18 years, I am in the board meeting, I will do grandmother. Oh directory. So we need more women entrepreneurs.
What we need in Chile? First, they are connected. Please be connected. From there they go out of business, there are going to leave their opportunities, their ideas. We need more entrepreneurs. How have I achieved all this? Select required survey. Ten to fifteen percent. I do not care. 10 or 15 percent. I'm winning. To many. In fact, the survey said Cerc am the fifth most political future. It does not come, I'm the fourth. Lauren and Andrew have to grab, I'm third. Meo, Meo down. What you also believe the same? Yes, and I'm second, then. It's like I'm playing tennis in the street, and the Peña came and told me What "Franco want to play the Davies Cup"? Good anymore. I'm playing to the end, and the double. That's entrepreneurship. And as I have achieved? Would I have seen on Channel Thirteen? No, because Luksic I'm going to raise taxes. I do not want elected. Would I have seen in Chilevisión? No. Would I have seen on national television? No, because I have none in the directory. You see, as I have achieved: with this. Is there is man. Seize and take advantage of contact, exchange Facebook, share Twitter. It is most important and we can beat the Mercury. The leaves a leaf in El Mercurio. Is this the Andres Velasco? Ah, you're not. Eh, but Andrés know, eight million.
How many of you can put a page in Mercury pure advertising? No one. You did. He will be my finance minister to follow, if well being carriers, Marcelo Aguilar. An entrepreneur who was lousy, fell in Dicom, his best curriculum is that had a Dicom ... three hundred million? 300 million, is a good Dicom. Proud, it is now two lucas, not to pay the TAC. Three hundred million. A goat that stood, and you know who he won? He won the Coca-Cola. I want you after this meeting, out thinking 'I'm going to win the Coca-Cola. I'm going to beat Apple Computers. I'm going to beat General Motors. I'm going to win several. "
You know what that means? That you can, and not have to duty political favors to any economic group, political party. What do we need? We immediately understand that in Chile there is entrepreneurship, because the authorities scare us. I speak the truth: President Pinera told us how many times the crisis coming? Do you get scared? Sure, because if President Pinera's finance minister, said "comes the crisis, the crisis comes," you're scared, right? Yes, you came scaring the crisis since last year. And one day, Sunday, was a very pleasant, dynamic, cheerful program, cheer you up. Zero tolerance. And he entered the giant, Fernando Villegas, he asked, how is the economy? I say, that of September, the economy is spectacular. We will grow five percent, more employment will go up shortly but the wages will rise. And I said, is it a joke? No. It comes well. And it was marked to the house. I brought all the economists in the world to say that Chile came wrong. And Chile is growing at a 5.25 this year. Who said this? We. They had to change, the Central Bank, its forecasts, because we speak the truth. How do we estimates? Easy, we call the Rock Sisters and they would tell us as the economy.
Let me tell you something. You have to be optimistic. The Chilean economy is doomed to success the next six to eight years. Therefore, they carry out their projects. Achaquen not. Please take forward their ventures. Because the Chilean economy, China is part, but mostly we do all others. A die: productivity increased 4.9%. Were the Chinese who saw work or were you to work? You were those who work. I was I worked early. So we already know out of the crisis. With work (aperrando) and gritting his teeth, as good entrepreneurs.
I say another thing we have in Chile. Why are there so many entrepreneurs? Say it like it is and not invent stories. There is a bad English instruction. Lousy English instruction. To be an entrepreneur you have to be optimistic and have resources. And having amiguis, because if not amiguis, there is never going to Jumbo, never entering the leader, never entering the Unimarc. It is true. I invite you to end the cronyism and pitutamiento. In the 42 phrases he is missing it. Get pituto. That is the question. Mainly because you need a damn pituto.
What else do we need? End abuses of the greats. At all times we are scoring goals. Truly is another word, but I can not say because I want to be president of Chile. If you for a policeman, is to say "how beautiful your car" or hurt you? Hurt you, man. If a priest says "hey, let's talk to the oscurito". It's going to hurt you. And if your partner says "I want to talk to you," it is because it will hurt.
We must end this situation lords. Yes, why? Because we do not trust. Because they are always the same apitutados. Without giving anything. If we had this forum 50 years or 40 years later, there will be someone's daughter, someone's friend a former senator a former deputy, pure apitutado. Just apitutado. It is doing wrong to Chile. The authorities do not care entrepreneurs. They not interested in men. Shall I tell you what you need, now? Bankruptcy law people. Altero.
We need institutions that promote entrepreneurship in Chile, do not. With the bankruptcy law of the people exchange the picture completely. Or no, my dear Marcelo? Marcelo, a very cheerful guy, empeñoso, I would love to be my Minister. He took away the house. They did pedre, became a bank and smashed it. And then the bank has the face of entrepreneurship. Five years ate garbage. They ninguniaron five years. With a bankruptcy law, it would have been one year. We've been to a lot of talk, and go for the full story of Marcelo. But you know what? With a bankruptcy law would not have happened what happened in the case of Polar. That's what we're saying.
We have to be optimistic and authorities have not mamonas authorities. You are not suckers. Why choose suckers then? That's what we have to change. When the authority tells you that "comes a crisis, is a crisis," and scare you, you're not creative. It will ask for a raise in salary, do not cambiais of hits, even you enamoráis, that is expensive. Gentlemen, we need optimism authorities and speak the truth.
In fact, the same happened to me in September, was invited by President Piñera to lunch. Of course, I sit in last place, I will not serve food - but no matter. From March 2014 I will be sitting in the middle. But all advisers said the president, "President, it is good that the crisis comes, because people are going to scare, and will go up in the polls." I raised my hand and said, "President, please do not listen to his advisers. Because when they fall dizzy Plaza Italia, the economy is good, and you will continue falling in the polls. " They will never invite me.
What do I tell them? The international landscape is extraordinary. They do not believe them. US is growing 3%. China, China is growing at rates they want. It's a lie when they say "China has lowered its growth from 9.2 to 7% Worry little while." Lie. China is growing at the rate they want. They say "and go all Chinese to eat chicken," and will eat chicken. "All to buy houses," everyone will buy houses. A single data. In the next five years, China will build 56 million social housing. Before the built thirty square meters, now they will build 36, further air conditioning. It means how much copper? Now, you brought the country to the city, you have to give food. Flour, fish, rice, meat, hopefully starting to drink milk. What does that mean? More money for Chileans. And also it means you have to give him a car, and can not be self combustion has to be electric car. Less than 23 kilos per car has to be 56, who sells copper? We.
Chile has incredible potential. And it is because of you. What else I want to tell. Never that scared. Look. We go to a small class. I know it's a small can for some, but this is important to you. To never do that again. If the Dow Jones is about eleven thousand points, the Americans are consuming like crazy. And if the Americans consume like crazy, it means flowing consumption and hence prices rise. You see how easy? What other indicators important? This, the Volatility Index. This is an index of uncertainty. That was last September. When uncertainty is high, people will not eat. Can you consume when they have uncertainty in your body? No. Therefore, a rising uncertainty about the level of thirty, immediately falling copper prices and the dollar rises. But these are transient movements. So we knew that the crisis was in August last year was temporary. I had to fall. Therefore, they never lie to them, that they will not be advising large corporations who tell them that the economy is not good, see the Dow Jones and the Volatility Index. They'll hit it.
And that's a famous phrase that came to my brother in a cultural program - Morande with Company. They lied! Chile is lined. Chile is a rich, rich, country gentlemen. The problem is that reaches them and is passed onto you. A single die. What is there is Cerro Castillo. Cerro Castillo is beautiful, has two tennis courts, 25 thousand square meters. You know how much it costs? Thirty million dollars. When they bought it? 1929. Don Richard Leigh did a national monument in 2005. I'm not saying you have to sell it because I love to occupy. I imagine the twins running around.
But let me tell you something: he bought in 1929, when the Great Depression. At that time the president said "I'll buy a house." They clapped and reelected assay. The world is falling apart. That is what happens. Are you interested entrepreneurs? He was not interested. So we have to change Chile.
See how much he has grown big fortunes. And now I understand why I do not call in Thirteen. If I'm in the Thirteen, I have to cut this part. The Luksic Group, between 2008 and 2010 billion won. And between 2008 and 2012 eight billion. What are eight billion? For they be clear, it means lotus accumulated drawn weekly for the next twenty years. Would you clear? Again. Eight billion gain accumulated means lotus, weekly, every week, for twenty years. What is the probability that happen? Zero.
Another case. The Matte group. In the past two years, two billion. Okay, I'm happy for them. From 5000 to 9,000,000,000 in two years. Two years. And President Piñera, two hundred million. Why this happens here in Chile? Therefore, gentlemen. This is endemic in Chile, and this is what we have to change, and you have to help me change it. This is the income distribution in Chile. The richest 20% live as Luxembourg, and the poorest 20% live as in the Congo. There is poor Othello, where do poor Othello is? How was it ?, he panicked.
Well, what happens? Let's see. Who is going to be an entrepreneur? Do high levels of income or low income brackets? The high income brackets, do you know why? Because fear of failure is very strong. If you are in Luxembourg and you drop in your failure, you go to Portugal. If you are in Colombia and will go wrong in your enterprise, you go to the Congo. Did it became clear now? This is what we have to change. I am hurry.
Bankruptcy law people. Imperative. And now, that we endeavors. The issue is very clear, if you you take your venture, 68% of the financing you do it yourself. You go into debt at a bank. Places, will evil, falls in Dicom. When falling in Dicom not get hits. No hits you get, you get kicked out of the house. How do we change that? With a bankruptcy law people. You will be able to negotiate one on one with the banks. Why was the case with the North? They said, "Look, we're going to charge a fee of 80%, plus your cornea, plus a kidney, sign here." If no Dicom. That's what they do to you, right? Cámbiamelo! Bankruptcy law people. You know how many times I presented that project? Eleven times. Question: Who would win with this law? The banks or the people? It is clear, right?
Refundemos the venture capital industry in Chile, through the State Bank. We need a duckling bank to help you. The duckling bank if you paste in the night in a escuro alley, and I tell you what makes you. Chair of entrepreneurship in all careers and all CRUCH. Create a safe for venture capital companies, 20%. RUT account for MIPTIMEs now, now! The first sale to VAT, within 120 days is postponed, lending to nine months. That is what we need, Venture Capitalist State Bank. Search partners, and with that term.
Take this meeting, seek partners, MEET, do not fear. They have to have partners. If no partners are not going to grow. Take this stay. And finally, to be connected. They must be connected because it is the only way to beat the big conglomerates. The interest rate's down, give more credit to SMEs, in competitive terms. To you in pieces. Placing restrictions on the deferment of VAT on the part of customers. These are changes that will go right to the vein for you. Very successful, very successful, and followed. Keep lords. Thank you!
