Foreign investors have been interested in Latin America ever since the early 2000s, and the promising future of the region continues to pique the interest of entrepreneurs around the globe. According to an extensive report from The World Bank in 2014, Latin American countries went through a plethora of institutional and policy changes over the past several years that have led to unprecedented economic growth and stability throughout the entire region.
Many people associate mentoring or counseling with weakness, which couldn’t be further from the truth. It takes more courage to admit your faults and ask for advice instead of pretending like you have everything under control. In addition, having a mentor allows you to have someone to hold you accountable for the goals you set for yourself, check in on you, and provide support when you feel discouraged.
Speaking broadly, an entrepreneur is someone who identifies a need in the market and attempts to fill it. Naturally, this isn’t always the case as the world doesn’t really need another burger joint, but guess what? A new one just opened up somewhere in this fine country of ours as I wrote this. Regardless of whether a need has truly been identified, or you are simply improving on a product that already exists, starting your own business will be difficult with no guarantee of success -- regardless of how well you may plan ahead.