1 Ecuador investment that beats the stock market

I’ve never been a fan of investing in the stock market.  

Especially now that it’s at record highs (terrible time to buy in).  

There’s just too much you or I don’t know, and too many others that know so much more.  

Instead, especially for a steady passive income I’d suggest to anyone it’s best to start a business in a place like Ecuador.

Like something new I’m looking into this week from Guayaquil.  

My 3-point formula is simple.  

1. Find a product or service you know well.

2. Someone local you can trust to manage or partner with who will front their time, all while you front the know-how to get started and capital.  

3. And about $5-10,000 only (you won’t be buying any property, just leasing).  Start with the basics, then scale up add equipment with the money you make in sales. 

Bonus tip: Ignore or selectively forget everything you learned in business school, where all they do is teach you to get analysis paralysis.  

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1 Cell Phone-Related Biz-Opp In Ecuador

“I’m starting to think this is hopeless.” I thought as I visited the fifth store dedicated to selling cell phone protective cases in Quito (Ecuador’s capitol city).

You see, in Ecuador, just like the cars on the road, due to the import restrictions there is a very limited variety of cell phones available locally.

And the cell phone case stores cater to only the most popular brands and models of phones in Ecuador.

Yet, there are many people like me who brought their phone from somewhere else. And my poor-little Motorola smart phone is not a common make and model here.

And it’s da-n near impossible to find a case for it.

But I’m not the only one, there are A LOT of people who bring a phone to Ecuador.

Good luck finding a case for it!

Searching online I had slightly better luck, but the one store I found across country said they were sold out of my case, but could order it and it would be here in a month!

I can only imagine what it’s like in the smaller towns of Ecuador to find a case for their phone.

I think this is an opportunity for someone.

You don’t even need a store front. Selling online in Ecuador would be enough.

This is one example of an under-filled niche in Ecuador. There are many similar ones.

I’d focus on what you know…

Why do I share this idea?

Because I already have a business at the current time and I need a case for my phone before I break it!

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