Have you ever thought of ditching the 9 to 5 and taking the risk of starting out on your own? While the United States is an entrepreneurial hub, too often emerging markets, such as South America, are overlooked. Groundbreaking innovations are not a requirement to make lasting change in this continent. Many countries within Latin America are playing catch up with the United States. A savvy entrepreneur could implement already-established innovations into the continent. By employing this strategy, entrepreneurs would avoid competing in a crowded market and increase their likelihood of success by using proven business models. We will be looking at the following areas entrepreneurs could improve upon in Latin America: infrastructure, education, and healthcare.
globalEDGE Blog - By Author: Gabe Guimond
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The Toledo-based pizza Titan, Marco’s Pizza, has plans to expand into Costa Rica, Jamaica, Mexico, Puerto Rico, and the Cayman Islands. The company wants to add over 50 franchise into the international arena by 2025. While these plans seem ambitious, Marco’s Pizza is already experiencing massive success in Puerto Rico. The company entered the U.S. territory in 2015 and will have 19 franchises by the end of the year.