Entrepreneurs are Missing in Latin America

The list of reasons for this serious absence begins with the culture of salaried employees, which is instilled at home and in educational institutions.

Friday, May 8, 2009

In Latin America, the general idea is that the success of a young person is his/her school grades, then how soon he/she graduates from the university and, ultimately, how fast he/she gets a good job. It is not customary for personal goals transmitted through family values to be related to being an entrepreneur.

Emilio Zevallos V., international consultant and researcher specializing in MSMEs in Latin America, said in his analysis of the topic at Elfinancierocr.com that "there are few successful entrepreneurs (or rather, there are not many who make their success public). This is why we would rather look for our "comfort zone" in salaried work. This is not only an obstacle for the novice entrepreneur looking for support to develop a business, but for anyone who, having developed it, fails in the attempt.

More on this topic

"A Lot Of Entrepreneurs, but Few Businessmen"

February 2014

To be successful you need a good idea to accompany an indispensable ability and entrepreneurial drive.

A report entitled "Entrepreneurship in Latin America: A Lot of Companies and Little Innovation," prepared by the World Bank (WB), reports that in the region one in three workers are self-employed or a small employer. However, most of them rarely hire workers and remain small, even after decades of operation.

A Different Breed: Entrepreneurs

April 2012

"Entrepreneurship is not a job, or even a calling, but a thirst."

Successful entrepreneurs - those creatures that we are all now viewing as essential to save the world economy from its troubles - come from different countries, societies, cultural backgrounds and business sectors. There is no single or particular stereotype, however, these individuals have several things in common.

How to 'Woo' to an Investor?

February 2012

Sell the idea, be energetic, have a good team and stay focused on the project; these are some of the qualities that must be developed in order to convince an investor.

The website IProfesional.com lists the 10 qualities that you need to develop in order to "catch" an investor and bring them into your project, according to the Spanish consulting firm Mola.

Better be Employee than Businessman

October 2009

This is how we are raised in Latin America, disapproving or disliking those who earn a lot of money as businessmen.

Latin America does not foster entrepreneurship. Education, specially high school, rises us with the goal of getting a good job, as opposed to owning a business.

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