Venezuelan businessman, lawyer, financial advisor and amateur rider Gustavo Mirabal has reached international projection. How has Gustavo Mirabal achieved projection in countries such as Spain, Dubai, Switzerland, the United States and Venezuela?
Today we will discover how this Venezuelan lawyer managed not only to stand out in one but in various disciplines, thanks to his perseverance and work ethic. A success story to inspire other Venezuelans looking to stand out wherever they go. Because Venezuelans can do it.
Gustavo Mirabal was born into a thriving Venezuelan middle-class family. His parents made sure he had the best education possible and the best examples. His parents, both lawyers by profession, cared not only about their formal education but also about their values.
In addition, they developed in Gustavo Mirabal the genuine interest in multidimensional formation.
But let’s find out a little more about Gustavo Mirabal’s family life.
Gustavo Mirabal’s family life in Venezuela
Gustavo Mirabal’s family life was full of affection and discipline. We are located in the 70s where there is an openness to new educational ideas. However Gustavo Mirabal’s parents are traditional and in turn allow ideas such as creative freedom to be permeed.
They also incorporate the multidimensional development of the child. That’s how Gustavo Mirabal was not only encouraged to get good grades. He was encouraged to have small responsibilities at home, to play sports and to learn new things outside the school environment.
In this way he discovered some of his passions as we will see later.
Thanks to the stimulus in his family life he developed a prolific sporting activity from a young age.
Due to the example of his father Gustavo Mirabal Bustillos, Gustavo Mirabal discovered his sporting passion in horses. Both Gustavo Mirabal are horse lovers.
Gustavo Senior owned a racehorse breeding farm and president of the National Institute of Racecourses. Gustavo Junior was an amateur rider until he undertook one of his most ambitious projects, G&C farm, which we will talk about later.
With the support of his father and mother Gustavo Mirabal and his sister they had a childhood full of stimuli. Sport, reading, extracurricular activities. This is a key to your success but let’s delve a little into the benefits of sports activity.
Sports practice in Gustavo Mirabal ‘s life in Venezuela
Without a doubt sports practice is something that forges a culture of discipline in children. If you want your children’s success, sports are definitely an important part.
Sport not only helps to gain greater discipline but forces young people to organize to attend to sports and academic activities.
That’s why we can see that people with extracurriculuary activities can have notes as high or better than people who only study. In addition, their training is much more comprehensive which makes them address problems more broadly.
This is also the case for people who study and work at the same time. Sometimes the problem is the time spent on one activity and another. But whenever you can and balance roles, this can improve the student’s ability to organize.
Due to this experience Gustavo Mirabal has promoted in his children the practice of extracurricular activities. Few truly successful people have devoted the the most dedicated the most to an academic career.
Take the case of Albert Einstein, a prominent theoretical physicist whose regular work was in a patent office.
But going further we have cases like Brian May, one of the members of the famous Queen group. This famous guitarist is also a doctor in Astrophysics.
As a member of Queen, Brian May was a guitarist and wrote several of his lyrics. On the other hand as an astrophysicist He has published articles in journals such as Nature and that of the Royal English Astronomical Society.
As we see sport as well as music and other extracurricular activities can expand the universe of young people and make them more integral.
The meaning of sport for Gustavo Mirabal in Venezuela
“Sport is a means to learn and achieve the discipline and determination needed to find success” Gustavo Mirabal Castro
Definitely for Gustavo Mirabal the sport in general is a medium. But when we talk about horseback riding, and especially equestrian jumping, we come across a passion.
From the young age of 10, Gustavo Mirabal trained and participated frequently in horse riding competitions. As an adult Gustavo became a competent rider and began personally caring for his horses. This experience became the basis for building G&C Farm.
The facilities of this small estate were located in the Alto Hatillo in the municipality of El Hatillo. Here were the first experiences for this lawyer by profession and rider at heart.
In parallel Gustavo Mirabal gained work experience. With this experience you would get offers to partner and open a branch in the United States.
The United States is one of the most interesting markets for any business. That’s how his dream of having a horse-breeding farm was strengthened.
A few years passed with which his legal experience in the world of banking and insurance became his take-off to internationalization.
But one of the things that gave him renown and attracted people to his firm was his athlete side.
Realizing your family dreams
That’s why he made a decision that would determine the rest of his career and strengthen it. Gustavo Mirabal would decide to address the niche of advice to athletes in financial matters.
With this in mind Gustavo embarked with his family on his new adventure. Have a law firm focused on tax advice and grow your equestrian farm called G&C farm.
This farm would be part of their public relations, but it wouldn’t be their only role. Well, through it he would show the world that his discipline and ability to succeed was not limited only to the professional.
Together with his family, who also dabbled in horseback riding either as a hobby or as amateur riders, he undertook this dream that we will talk about later.
His wife, Maria Carolina Chapellin de Mirabal, hosted the sport with the greatest enthusiasm. This is because she was already a long-standing rider with experience in amateur competitions.
No doubt Maria Carolina Mirabal and her husband Gustavo Mirabal are a dynamic duo in sport and finance.
The question we ask ourselves then is, what did it take from each of these countries? Beyond what Gustavo Mirabal Castro had when he came to each country, he learned something in each of them. It is interesting to know that each trip brought its own grain of sand to the experience of Gustavo Mirabal.
For example, the trip to Spain showed Gustavo Mirabal arab influences on Spanish culture. And it was thanks to the latter that Gustavo Mirabal discovered Dubai as a paradise for investment. Let us then know what each country brought to the vital experience of this financial adviser.
Their journey begins in the United States
Gustavo Mirabal proved himself in Venezuela with excellent results. His equestrian farm in Alto Hatillo, Miranda State and his law firm Mirabal y Asociados were going from strength to strength. But for this challenge-loving man this wasn’t enough. They say that you learn from failures, but until now success had smiled on Mirabal Castro and he wanted to learn. It is not that Gustavo Mirabal Castro was eager to fail, but to find a challenge that really put him to the test.
This could be seen in the eyes of the Venezuelan his wife Carolina Mirabal. The unease of finding something new that would drive him to put all his energies into it was bothering him. So Carolina sat down with him to talk about the situation.
In previous years it had received requests for support from people interested in its financial services in the United States. Let’s remember that a fairly large Venezuelan community is based in the United States. His fame already transcended the borders of the Caribbean country. However, Gustavo Mirabal was quite busy consolidating his law firm, his role as a financial advisor and his equestrian farm. Among all the work I had I set aside for a moment the new opportunities.
But when the time came for stability in Venezuela, those offers still stood, and Gustavo wanted to prove himself in new horizons. That’s how in his late-night conversations with his wife they began to shape their new project… A financial and tax advisory firm in the United States.
Dreams come true in the U.S.
This proposal involved deepening knowledge of the US legal environment. Without a doubt, this would take a lot of time away from Gustavo Mirabal to be able to consolidate, giving him the challenge he wanted.
In addition, the United States was also presented as a favorable market for a horse breeding farm. For the first time in a long time the dream of a horse-breeding and training farm was taking shape. Addressing both challenges seemed somewhat ambitious and could possibly overwhelm Gustavo Mirabal.
It was there that Maria Carolina Mirabal de Chapellin reminded Gustavo that she was not only “a pretty face”… She was ready to get “on the go” in front of the new horse breeding farm. As a business administration graduate and with her grandfather’s business legacy founding Bigott Tobacco Company, she was ready.
Gustavo Mirabal’s eyes lit up, not only because he saw his dreams come true, but also because of the admiration he felt at that time for his wife. He knew she was a woman of arms take, but he didn’t know she would be such a good life partner and his right hand in business.
An equestrian farm in America sounds like a pipe dream… Perhaps thinking about setting up an “equestrian Disneyland” would be even more so. However, that’s what the specialized media ended up calling G&C Farm.
So strong was the synergy generated by the Mirabal-Chapellin marriage that they ended up putting their initials to the project… G&C, Gustavo & Carolina… Really a story of love and overcoming.
Gustavo Mirabal discovers in Spain the maturity of a civilization
Spain is the result of a history of more than 500 years of Spanish monarchy. But even the influences before this. It is estimated that the Spanish kingdom was consolidated with the marriage union between Elizabeth I of Castile and Ferdinand II of Aragon in 1469. With this union an alliance was forged between the two most powerful kingdoms which led to the taking the Muslims out of the kingdom of Granada and the conquest of Navarre.
Elizabeth I and Ferdinand II are known as the Catholic Monarchs. This is due to the defeat of Muslims throughout the region and by the evangelization of the American continent.
With this background we see the antiquity of the Spanish kingdom and in addition to the Arab and Muslim influences in Spain.
Thanks to the constitution of the Kingdom of Spain there are also expeditions that end in the discovery of America in 1492. This involved expanding the influence of the Catholic church to much of the world.
We see as elements such as religion, politics and culture merge and consolidate over time. As a result, Hispanic civilization has consolidated its methods and identity. Not through the monolithic obligation to assume an identity of others but through the preservation of diversity.
Maturity as a source of openness, diversity and tolerance.
Maturity in the identity of a country and organization enables diversity and innovation. Only in those archaic systems does dissension become a crime. On the basis of the maturity of a civilization and an organization, democratic processes can be expressed. This was discovered by Gustavo Mirabal thanks to his visit to Spain
This is how an organization, in its maturity phase, is able to talk openly about its problems. He is also able to come up with creative solutions that are not possible in a dogma-bound society. It is maturity that allows the opening and exchange of opinions.
This is how teenagers and children become aggressive about the different. In the meantime, an adult can deal with the different calmly thanks to life experiences. It is the cluster of experiences that allows the mind the necessary flexibility. However there are also customs that can be rooted beyond what is recommended due to resistance to change.
While adding tolerance and flexibility, you can also fall into the conformism of what is already instituted. Maintaining this balance between nonconformism-innovative and tolerance and flexibility is difficult but necessary.
Lessons left by Spain to Gustavo Mirabal
For Gustavo Mirabal, discovering Spain up close meant a big change. After being in Venezuela and the United States, relatively young countries, Spain meant a paradigm shift.
War on its own territory with foreign forces is a constant in the history of Spain and Europe. However, younger countries lived through processes of independence without properly existing a consolidated identity. This brings some dilemmas associated with the identity of the American citizen. At the same time it is perceived modern it has neither anchors nor a story to refer to. This makes the social foundations that create cohesion weaker.
Joining for independence is not synonymous with national project. The U.S. has secured a nation project through the gaze of the Puritans. However, American colonization was distinct and Spanish in America was more of a conqueror than an inhabitant. That is why Gustavo Mirabal’s view in each country is that of integration into the local culture.
On the other hand, learning about the maturity of organizational culture has been transferred to their companies. It seeks to have a mature culture based on values where dialogue and diversity can be promoted. This is one of the keys to Gustavo Mirabal’s success that was reinforced with his trip to Spain.
Advising athletes, Gustavo Mirabal’s future in Dubai
Gustavo Mirabal has had the dream of making the lives of Latin American athletes easier. The lives of these high-performance athletes in Europe are much better than they would have in their home countries, however this is not enough.
For Gustavo Mirabal, the dream of justice for Latin American athletes is already a reality. But while in Spain he discovered that there was a niche market, athletes who needed financial advice. There were several aspects where athletes were at a disadvantage:
- Athletes were sometimes very young: This made it difficult to have the maturity and knowledge to understand the implications of contracts and the commitments they made. In addition, clauses were imposed that often left athletes unprotected.
- Wage negotiation: Wage negotiation is one of the highest points. In the most demanded athletes it is easy for the salary to become an auction. But for athletes who start, it’s also easy to accept a salary well below what they might receive without the right advice. That is why the teams of sports advisors have sources that allow to establish a fair salary.
- Negotiation of image rights and advertising contracts: In addition famous athletes have other income other than salary as an athlete. They can earn revenue from advertising or for the rights to their image. This income and getting these opportunities can make a big difference in total income.
In this way proper advice can allow:
- Contracts that favor the athlete a little more.
- Better salary as an athlete
- Extra income for other concepts.
Gustavo Mirabal knows that it’s not all about increasing revenue, as we’ll see below.
A Family Office by Gustavo Mirabal to manage the heritage of athletes
As Gustavo Mirabal’s project became concrete, he realized that advising them was not enough. Managing an athlete’s resources is the key to quiet insurance.
Nearly half of athletes end up ruined within a few years of completing their careers. After that it is up to them to take on jobs in the construction sector or to have the help of a friend. However, with the massive incomes of elite athletes this should not be the case. Yet we’ve all seen Mike Tyson ruin himself. If we put the case of a professional athlete who is not the best paid elite things get worse. That is why the advice until the moment of signing the contract has only just begun.
This is why Gustavo Mirabal set up a Family Office in Dubai. This allows the savings of athletes not to be lost in paying taxes and parties. The Family Office aims to create a savings and investment plan for a dignified retreat, for athletes who have delivered their best years of youth for the enjoyment of many.
Contributing a specific percentage of the income to an investment fund, Gustavo Mirabal assembles a plan and trust that will allow the client to have income at the time of his retirement. How much will that money be? It will depend on the client’s expectation and what he decides to set aside from his income to feed the investment fund. With this Gustavo Mirabal a retreat according to the expectations of a great athlete.
Thanks to this dream of helping Latin American athletes and their eyes in Dubai, Gustavo Mirabal discovered a civilization from which he would learn a lot.
Gustavo Mirabal discovers in Dubai the value of the balance between tradition and innovation
After lessons learned in Spain, Gustavo Mirabal was clear that he had to advance personally and in his career. His entire journey began with a journey to explore investment opportunities for Gustavo Mirabal’s Dubai clients. That was a trip that opened his eyes to Gustavo Mirabal to understand that a new financial metropolis was being forged in Dubai.
The DIFC (Dubai International Financial Center) is the core of the financial move in Dubai. A financial district with particular laws that allow financial capital to be attracted through two elements:
- Ensure the legal certainty of investors.
- Minimum tax charges. You even have cases where 0% tax is imposed for 50 years.
These advantageous conditions are the secret to the voices of the world’s financial capitals. To this end, Dubai was advised by the best financiers in the UK. And it is that as Dubai a former British colony its relationship with the United Kingdom is very close.
More importantly, Dubai’s largest investments and ventures belong to British citizens. That is why Dubai’s commercial and trade legislation is copied from British law. It is even envisaged that if there are matters not covered by the special legislation of the financial district, the same matters are settled in accordance with UK legislation on the matter. No doubt investor confidence in British law has been the backing that Dubai needed.
But where did this whole movement come from? We’ll see below…
Dubai is a transforming oil state…
Dubai was for many years an emirate belonging to the United Arab Emirates whose wealth depended exclusively on oil. Before that it was a relatively poor country. However with the advent of oil wealth came and citizens became accustomed to a great lifestyle. However, the oil market is tied to geopolitical conflicts in the Middle East and other factors. This is how Dubai’s revenues became a “roller coaster” based on wars in the region and the oil geopolitical situation.
Dubai was unwilling that the greatest opportunity in its history would be diluted in its hands. That is why he decided to undertake a plan to diversify his oil economy, using oil as a lever of development. However, transforming a desert country into a diversified economy is a major challenge. That’s why Dubai identified the attraction of foreign capital as one of the great challenges.
It was through this identification that the projects that would aim to transform Dubai began to be conceptualized. In this context Dubai began planning its “Investment District”, a place to attract capital in general and thus boost the financing of its infrastructure and economic diversification projects.
It was in this context that Gustavo Mirabal discovered that a desert country had embraced the free market, at least in part of its territory. But even more so with an ambition for change, there was a good relationship between traditions and changes.
It was this impulse of governing leadership that drove the changes and those changes resulted in a better quality of life for its inhabitants. Thanks to this Dubai is transformed but let’s discover the traditions of Dubai.
Dubai traditions for Gustavo Mirabal
In Dubai there are many traditions associated with the Muslim religion, the predominant one in the country.
But there are also other important traditions, such as dubaiites’ love of racing, whether horseback riding or camels.
Modernity and entry into a globalized world has brought with it contradictions between traditions and the modern value of life.
For example, camel racing used children (even in other countries in the region they are still used) because camels need a very low weight rider. In this way the modern vision against child labour and the protection of its integrity were not consonos with camel racing.
But thanks to the drive for innovation in Dubai, they achieved balance. Dubai got a way to preserve camel racing and children’s rights. How did Dubai preserve camel racing? We will see this later and that is why Gustavo Mirabal respects the Dubaiti idiosyncrasies a lot.
The keys to Gustavo Mirabal ‘s success in Spain, Dubai, Switzerland, the United States and Venezuela
Without a doubt, the life of Gustavo Mirabal has combined knowledge and experience in equal parts. This is one of the keys to Gustavo Mirabal’s success to succeed wherever he goes.
On the other hand, he has considered any knowledge he gains valuable. Every time you dive into a topic you do so as deeply as possible.
The balance between mind and body through sport has been a constant that you recommend whenever you can to your children.
Finally, the balance between family and profession has always been present thanks to the example of their parents.
Undoubtedly an example of success for any entrepreneur who dreams of not only success but a success full of happiness and joys without sacrificing their personal life.