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Interview with Ruben Rojkés, founding father of Avanco

Sam Cowles, May 10, 2019

1. What was the motivation of Engineer Ruben Rojkés to begin when he created Avanco?

AVANCO is an acronym that comes from advancing by building. I’m a civil engineer and construction is a passion for me. I made a decision to move forward in life, building, making, that’s what I’m passionate about. When I ask myself, Ruben, what is what causes you to fill the foremost fulfilled regarding your work, I am not passionate regarding buying and selling only, I need to make, manufacture, develop a product, that’s what I love.

2. What obstacles did you face in the primary years of your business?

The dearth of owned capital, I had to inspire investors and banks to affix my comes, but so as to tempt them I had to supply them an necessary participation in the Real Estate business. It was hard but it definitely helped me within the beginning.

3. What was your initial successful project?

It had been the first building I built which I launched almost twenty eight years ago; it absolutely was a very tiny building, in the street San Luis 77. It consisted of solely 11 units with one or two bedrooms, with a lobby and 2 upper floors, while not elevator. I sold it quickly. It had been my initial work, and thank God, all the works I have done are successful and utterly sold.

4. What’s one means in which operating a business these days is the identical as fifteen years ago, and one method in that it’s totally different?

When the activity began it absolutely was within the year 92 (My son Diego Rojkés was born, these days he’s an architect!). At that stage, Argentina was emerging from a hyperinflation and it had ten years of exchange stability, where one could finance a project in US greenbacks while not any risk for the buyer or the seller. It had been easier than currently, additional predictable.

It absolutely was a period in Argentina when mortgage loans existed and it was easier and fewer risky to finance, buy materials and pay wages.

Today it is terribly tough for individuals to just accept financing in bucks, there are continuous changes in costs, salaries, services, and one is wanting for an index of activity that enables us to finance shoppers and continue working. In my case is that the CAC, that is an index of value variation of the Argentine Chamber of Construction

As of these days mortgage credit will not exist in Argentina.

5. How does one manage the balance between family life and your work?

I suppose family must be considered as the most important COMPANY we tend to have, that implies that we tend to must take care of it, dedicate time to them, correct if one makes a slip, enjoy it. My family is my support, my motivation, I get pleasure from it very a lot of, and I perpetually attempt to make time to share with them. I get pleasure from spending time with my wife and children. While my children are grown, we still share a lot of fine times. I invariably build time those moments, with visits, meals, or taking part in sports with them.

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