The Top 5 Latin American Countries To Start A Small Business

Hey there!

As you can probably tell, I've been on a "business in Latin America" kick lately.

Today I'll be talking about what I deem the most suitable countries for anyone looking to start a business south of the border.

But before I get into all that, a few comments about how I determined the rankings:

Part 5 - E-Commerce In Latin America: How To Make Sales

Hello again!

Welcome to Part 5 of my e-commerce in Latin America series. Parts 1-4 covered how to get your store up and running, how to market your store and whether you should use dropshipping or private label goods.

But none of that means shit unless people are buying your stuff.

The good news is that, if you've followed parts 1-4 of the series, you should know whether you have a viable product for your market.

The bad news is that, when it comes to online shopping, it's much more difficult to bridge the gap between interest and the sale in this part of the world.

Allow me to explain.

Part 4 - Dropshipping or Private Label: Which E-Commerce Model Is Best For Latin America?

Welcome to part 4 of my series on E-Commerce in Latin America. Today I’ll be talking about whether or not you should do dropshipping or private label if you plan to open an online store down here.

For those unfamiliar with these terms as they relate to e-commerce, let me break it down in layman’s terms for you.

Dropshipping – Dropshipping is when the retailer (you) doesn’t keep stock but rather forwards customer orders and shipping information to a manufacturer or wholesaler who ships the customers order directly to them. 

The easiest execution of a dropshipping store is through Shopify, Obrelo and AliExpress.

It works like this.

Part 3 - E-Commerce In Latin America: How To Test Market Demand

Hello again!

You guessed it: another instalment in the E-Commerce series. Although this is Part 3, it really should be Part 1. After all, before you attempt to start any business, you should first make sure people want what you’re offering.

Fortunately, the Internet has made it easy to do this. Many of you may already be familiar with the idea of testing the demand of a product you aren’t selling yet by driving traffic to a sales page to gauge interest and telling any customers that want to buy your product that you’re ‘sold out’. Based on how many inquiries you get, you’ll have an idea if it’s a viable product or not.

This is a commonly-used strategy for hopeful entrepreneurs in the United States, Europe, Australia etc., but hasn’t quite caught on in LATAM.

Part 2 - How To Market Your E-Commerce Business In Latin America

Hello again! It's been awhile.

This is the second instalment of a series that will discuss running an e-commerce business in Latin America.

Part 1 is here: How To Start An E-Commerce Business In Latin America

The first post talked about the things you'll need to get your online store up and running, such as an appropriate niche, a platform like Woo Commerce or Shopify, payment gateways etc.

This post will talk about how you should approach marketing after your store goes live. After all, before people can buy from you, they have to know that you exist.

Part 1 - How To Start An E-Commerce Business In Latin America

If you want to reside in Latin America, you'll need to find a way to make money.

The vast majority of foreigners down here will make their living doing one of the following things:

1) Teaching English

2) Working for a multinational corporation

3) Freelancing from their computers

It makes sense. These are the only immediately apparent options for expats south of the border who aren't citizens of their adopted country. 

But unfortunately, these aren't always ideal work situations.

So, what do you do if you want make money in Central or South America as a foreigner, but aren't interested in any of the above options?

DADA ROOM: The Best Way To Rent A Room In Latin America

One of the biggest hurdles of living in Latin America is finding good accommodation.

Most travellers opt for Airbnb - after all, it's one of the most convenient ways to find a short/long term rental in almost any Central or South American city, and its terms and services protect both owner and tenant from any unexpected issues that may arise.

But, unfortunately, it's not the cheapest option. Airbnb rentals are usually...

Why The F**K Hasn't Maduro Been Overthrown Yet?

It's July of 2017.

Thousands of Venezuelans have taken to the streets to protest President Maduro's increasingly oppressive rule and general incompetence. Mass inflation, food shortages and violent crime have seen the leader's approval rating plummet to about 20%.

Clearly, most Venezuelans think it's time for a regime change.

But how is it that - in a country that has been suffering so long, with many angry, gun-owning citizens - Maduro is able to hold on to power?