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RE: Venezuelan student here needing some backup


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Posted by Mar hellz On 2003-02-25 03:08:06
In Reply to Venezuelan student here needing some backup Posted by Guest(Josen) On 2003-02-24 20:46:38

Mar
Mar hellz

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You mention your president making Venezuela "look like hell", so I'm assuming you're not just talking about business opportunities for yourself, but more in the direction of how to stimulate Venezuela's economic growth.

I can't say I know too much about Venezuela, but how technologically advanced is the country? Remember, the rules of supply and demand, dictate prices. If something is rare, the price for the item increases exponentially. Maybe it would be possible to import some form of technology that your country currently does not have access to, and selling the technology for a profit.

If you can't import anything, then look into what it would take to produce the technology you feel you could bring to your country. If you have the resources available in Venezuela, start producing the items yourself, and sell them for a profit.

There are always lots of ways to start your own business. Ideas are floating around everywhere. The difference between succeeding in your own business, and not, is realising those ideas. If you are able to implement something that the masses can't, you are in a position to start collecting the money.

However, it's not just down to good business ideas. It's also down to a strong business sense. Being able to apply successful business management to exploit opportunities, is a skill that may take some failures to get right. Simple things like economies of large-scale production, and when to apply the theory behind it.

Take the time to look around you. See what you have, and what you don't. See what people in other countries have, but your people do not. If you can objectively look at everything around you in this manner, you will be much more likely to come up with an idea for a business plan.

Good luck,

--hellz

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