|

by Dan
Perkins
Mercedes
LaPorta
is three times a star – a star in business, a star in
her community and a star in her family. Her status as a
business star was affirmed on March 23, 2005, when
members and sponsors of the Women's Business
Enterprise National Council (WBENC) gathered in the
Museum Building in Washington, DC for the organization’s
annual salute to exceptional women business owners.
LaPorta, who is president of the Miami-based Mercedes
Electric Supply, Inc., was one of 14 entrepreneurs
recognized by WBENC as "Women-owned Business Stars." WBENC is the nation’s largest and most widely recognized
third-party certifier of women-owned businesses.
“I
think I was born with the entrepreneurial gene,” said
LaPorta when asked to identify the single key
contributor to her success as a business woman.
Born
in Havana, Cuba, LaPorta came to the United States when
she was six years old. Her father owned several
businesses in Cuba, but lost everything when he and his
family fled Castro’s Revolution in the late 1950s. A
determined and resourceful man, LaPorta’s father found
work in a cookie factory in Chicago.
Eight
years later, he
had saved up enough
money to open a little neighborhood grocery store on
Chicago’s Northside.
According to LaPorta, 85-percent of her extended family
members who came to America from Cuba eventually opened
one or more businesses in a variety of fields, including
freight-forwarding, construction, art framing, and
hospitals. “It’s in our genes,” she explained.
Business acumen is something Mercedes LaPorta intends to
develop within her own children. Her oldest daughter is
currently learning the family business, even though she
does not intend to succeed her mother, at least not
yet. LaPorta is thrilled that her oldest daughter, who
holds a degree in political science, has a real passion
for fashion and intends to own a fashion design business
someday. “Whatever business you own, whether its
fashion design or an electrical distributor, the
principles are all the same,” said LaPorta. She
recently invited her daughter to participate in a
renegotiation of the company’s line of credit. LaPorta
knows such exposure will give her daughter a decisive
advantage as an entrepreneur.
Mentoring comes naturally to LaPorta who learned
important lessons from her father. “I worked with my
dad in his grocery store when he first started the
company,” she said. “I was thirteen years old.”
Years
later, LaPorta went to work for the A&P chain of
grocery stores, also known as The Great Atlantic and
Pacific Tea Company. “I was the first woman buyer
for A&P's Chicago division,” recalled LaPorta who purchased direct-delivery items for
the 463
Chicago area stores A&P operated at that time.
“I
hated the cold weather,” said LaPorta, as she began to
explain the sequence of events that moved her and her
family to their present home in Miami, Florida.
LaPorta’s husband had been working for Sylvania; and
after the family decided to leave Chicago, LaPorta and
her husband met with executives and asked if they could
become Sylvania’s distributor in Miami. The company
agreed and Mercedes Electric Supply was formed. “We started with $15,000 worth of Sylvania lamps,
and they are still the only lamps we carry,” said LaPorta.
Initially housed in a tiny 900 square foot warehouse,
LaPorta and her husband worked diligently to grow their
business into a substantial enterprise. Along the way,
they serviced such notable facilities as the Miami
American Airlines Arena, Nellis Air Force Base in
Nevada, and the Federal Law Enforcement Building. Last
year, Miami International Airport awarded
LaPorta’s company a $10 million contract to supply
electrical distribution, lighting fixtures and
electrical materials at the airport’s north and south
terminals. Today, Mercedes Electric Supply generates
over $20 million in revenues, has 43 employees and
houses over $2 million in inventory within a 30,000
square foot office and warehouse facility.
Although LaPorta is delighted to service high-profile
clients, including Office Depot, she measures her
success more broadly. Community involvement is very
important to LaPorta who is a member of the Miami
Chamber of Commerce and a contributor to the
Diabetes Foundation and Goodwill Industries.
She recently joined the Women Presidents'
Organization (WPO), which opened a Miami chapter
earlier this year. Regarding the WPO, LaPorta said, “We
look forward to doing great things in the community.”
Nurturing fellow women business owners has become a
priority for LaPorta ever since she joined WBENC in
2003. “It’s been a great experience; and the women in
the organization are just incredible,” she said.
LaPorta has been certified by numerous organizations and
is or has been a member of more than 70 business
organizations in the 26 years she has been an
entrepreneur; but she cited WBENC and WPO as the best in
terms of promoting women owned businesses.
Running a business is not easy, as any of WBENC’s 2005
Business Star Awardees can attest. “One of the things
you have to be prepared for when you start your business
is great sacrifice,” said LaPorta. “If you’re not
prepared to sacrifice, you’re never going to make it as
an entrepreneur.”
Achieving success in business has required LaPorta to
miss out on important moments in her two daughters’
lives. She appreciates their acceptance of the
sacrifices the family has had to endure, and she credits her
entire family for seeing her through difficult times.
“My husband, my daughters, my mom, and my dad – my
immediate family has been my support,” said LaPorta.
While LaPorta projected great passion and enthusiasm
when
she discussed her business, WBENC and WPO, her passion
intensified considerably whenever she spoke of her
family. Apparently, for LaPorta, success in business
begins and ends with family. “I have two wonderful
daughters,” she said with a smile that revealed deep
maternal pride. “Plus, I have been married for 30 years
and in business with my husband for 26 years.” (LaPorta’s
husband is vice president of the company). “Now, I call
that success.” |