If you´re planning on starting a business in Colombia or you´re expanding your operations into the country from abroad, knowing how to bridge the culture gap can seem to be somewhat of a minefield. Successfully gaining clients, building a network, and establishing a positive reputation locally are critical first steps when entering a new market, […]
Cultural considerations when doing business in Colombia Read More »
Without a doubt, 2020 has been a difficult year for all. Businesses and entire economies were halted, tested, and altered due to the unprecedented conditions and effects of the coronavirus. In November, the U.S. Congressional Research Service published its findings on the global economic effects of COVID-19. Within the report, researchers estimate the global economic
Craig’s Business Tips for Business Owners in 2021 Read More »
Internationalized brands and businesses are quickly becoming the norm in the world of business nowadays. Technological innovations, streamlined supply chains, and optimized processes all make it easy, and often times more profitable, for companies to operate on a multinational scale. Moreover, significant economic development, trade deals, and political stabilization across a variety of regions and
Understanding the Cultural and Business Environment in Latin America Read More »
New ideas, innovation, invention, and passion all lay the solid foundation for one’s desire to form a startup. Establishing a startup company requires a great deal of tenacity, creativity, diligence, and savviness. Depending on the industry and/or market of the startup, there are different ‘rules’ to play by in order to be successful. Naturally, the
Craig’s Business Tips to Start Your Own Startup Company? Read More »
Nowadays, nearly all companies conduct business on a multinational, globalized scale. Latin America, specifically Colombia, is ripe with untapped opportunity and growing markets for expanding businesses. Now more than ever, foreign companies, entrepreneurs, and investors are moving to and/or starting businesses in Colombia. Expanding operations is no easy task though. Even with welcoming markets and
Craig’s Tips to Understand the Business Culture in Colombia? Read More »
Pursuing a career in entrepreneurship is a very exciting and rewarding path. It takes hard work, dedication, commitment, and perseverance to form and run a successful startup. When pursuing a startup in a foreign country, these traits must be twice the intensity. The StartupVC founder and CEO, Craig Dempsey, self-identified these traits when he was
7 Tips from Craig for Starting a Business in Colombia Read More »
Colombia is one of the best places in Latin America to form a startup and do business. As the region’s fourth largest economy, Colombia has ample opportunity and support for entrepreneurs and established companies. Increasing annual GDP figures, multiple free trade and trade bloc agreements, and increasing levels of foreign direct investment in the country
Craig’s Tips and Advice for Doing Business in Colombia Read More »
Becoming an entrepreneur in Colombia, and Latin America in general, is growing in popularity and attractiveness. With a GDP of $331 billion, Colombia’s economy is the fourth largest in Latin America. This large economy, plus handfuls of free trade agreements, trade blocs, and government-funded “startup supporters,” make Colombia a very attractive market for entrepreneurs. Not
10 Tips for Entrepreneurs Doing Business in Colombia Read More »
Now more than ever, eager entrepreneurs are setting their sights on Latin America as home for their startup business. The region has developed both its political and economic sectors tremendously over the years. What’s more is that many entrepreneurs have already taken that leap of faith and formed their startups in the region. With institutionalized