This Entrepreneur Is Giving Hondurans Something They Really Want—Jobs - #1138

“Tegu takes us back to the joy of play,” says Jose Zelaya, the Honduran toy manufacturer’s accounting manager. More importantly, the creator of wooden blocks with embedded magnets that fascinate and engage children, is employing people in a country stressed by poverty, unemployment and violence. Tegu, founded by Chris and Will Haughey a decade ago, with the mission to create jobs in a country that desperately needed them. Along the way, they’ve proven that Honduras, less than three hours and just $233 (roundtrip, according to Google) by air from Houston, can be competitive with manufacturing in China and other Asian countries. Ana Sauceda, an industrial engineer for Tegu, visited with me during my on-site research trip. You can view our discussion in the video player at the top of this article. She says the company is now shipping product to a variety of countries around the world, including China, Japan, Malaysia, Switzerland, Argentina, Uruguay and Chile. The company’s biggest market remains the United States. Read the full Forbes article and watch the interview here: http://bit.ly/2GBSHL6. Never miss another interview! Join Devin here: http://bit.ly/joindevin.