Hector Sosa Flores is a serial entrepreneur with several years of experience spanning across multiple industries including law, business, commodities, and software development.
Beginning his education at Boston University, Hector Sosa Flores studied Political Science and Finance. He moved on to Universidad Complutense de Madrid to study International Diplomacy before pursuing a Law degree with a focus on an International Legal program at the San Diego School of Law, with cooperation from Universidad Autonoma de Baja California. For the next five years, he worked at his father’s law firm.
Interested in further education and seeking new opportunities in other fields, Hector Sosa Flores obtained three certifications in Entrepreneurial Essentials, Business Finance, and Negotiation from the esteemed Harvard School of Business. He owned a foreign exchange commodity trading company from 2012 to 2015 and managed 150 million in gold commodities and 550 million in foreign exchange trading in U.S. dollars to Mexican Pesos. Following this venture, in 2013, he decided to open his first company, Axios Group, LLC, a focus commodity company. Axios Group now manages its own mine in Brazil and is known as one of the largest gold consolidators in America.
Still hungry to pursue his next venture, in 2016, Hector Sosa Flores launched Code Loft LLC to create a new software called instaweb.com, which simplifies website building for people of any level of technical expertise.
Why did you decide to pursue several different educational degrees and certifications?
I think that education is very important and a thirst for knowledge is what ultimately gives someone depth and the best chance of success. Over time, you also learn that some educational avenues do correlate with others even though you may initially think they may not be related. The principles you learn through one degree may apply to others. My law degree has helped me understand a lot about entrepreneurship and the laws that govern running a business.
Why did you choose to work in several different industries?
Initially, there was a natural urge to follow in my father’s footsteps in the law profession. But it wasn’t for me. I wanted to follow my passion. Over time, I decided that I wanted more and moved to the commodities space. The software development industry also fascinated me so I moved on. I think diversification in a career path is vital. It shows that you have the tenacity and are a versatile individual that can wear many different hats. And just the same as some principles of education apply to other fields, the same goes for your career. The law governs everything so a firm understanding of it has allowed me to be successful in my other ventures. What I learned from my previous ventures also led me to create my current company.
What led you to create Code Loft LLC?
Through working in multiple industries and starting my own venture, I saw that creating a website can be so challenging if you don’t have the proper technical training. At the time I decided to launch it, I also realized that the web industry was booming at the time and was encouraged by an ad I saw for Squarespace during the Superbowl. I thought it was a great opportunity to do something new and fill that void.
What traits do you possess that make you a successful leader?
First of all, I think it’s my ability to take care of myself which leads to me being able to care for others. I make sure I regularly meditate and take time for myself so that I am more understanding about the wellbeing and time of others. You need to take care of yourself so that you can care for others on your team. It’s also about me accepting failure and getting back up. You’re going to fail every now and then, whether you make a small or a big mistake. But being able to get back up and move forward will show others that you are a strong leader that can be trusted.
What do you love most about your current industry?
I would say it’s that the market is so wide and the possibilities are endless. There are so many people in need of software to help them easily build websites. You can’t target all of them, but you can definitely try your best to get a big piece of the pie.
What advice would you give to those who want to be entrepreneurs?
Be determined and ambitious. Those are two of the most important qualities that any entrepreneur should possess. While they can’t guarantee success, they will help you keep going when times are tough.
What is the biggest lesson you have learned managing your own businesses?
You’re only as good as the people around you. You may have all the tools you need in your toolbox, but if you don’t position your team for success as well, you aren’t giving your business a fighting chance.
What are the biggest challenges that those in the software industry are facing?
It’s a toss-up between the fact that there is a lot of competition and the constant advancements in technology. It can be difficult to make yourself heard when there is a lot of competition in the space. It is equally difficult to navigate the challenges of staying relevant and being up to date on the latest advancements to improve your software and your own technologies. But strong entrepreneurs with ambition, determination, and strong leadership qualities can work to overcome all odds.
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