How not to start a business in Ecuador

Recently, a friend started a pizza shop in Ecuador.

3 months later he was done and out of business.

Another friend just started an Italian restaurant.

He looks to be done within the month.

For me, what´s the key to starting a business that lasts no matter where you are in Ecuador?

Accommodations.

For instance, what if your passion and what you REALLY want to do is start a surf school, or a restaurant, or a yoga retreat center?

Then offer accommodations in the form of a vacation rentals-hotel-B&B and on the side offer the retreat center/restaurant/school.

People got to sleep somewhere, then they gotta eat. Then, they got to be entertained. Might as well all be with you. If you can give them a reason to stick around longer all the better.

This will keep you in business.

Hasta pronto, if you liked this sign up for my Ecuador Insider’s newsletter so you can check out my latest posts(not available online) on living and investing in Ecuador:

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Journeyman Jack Ecuador

Proudly serving Ecuador Expats since 2008, My Services, web links, contact info tel. #'s - US, CAN & EC. are all below: Thank You, Jack Abercrombie, Cumbaya, Quito- ECUADOR S.A. [email protected] [email protected] #StrategicRelocationEcuador "May your strategy be as dark as night and as swift as a boulder rolling down a mountain." ~ Sun Tzu "I'd rather prep 10 years too early than 10 minutes too late." Strategic Relocation Ecuador: http://JourneymanJack.com/ Ecuador Real Estate: http://EcuadorRealEstate.org Call Toll free from U.S. & Canada: Mnts: 770-828-7913, & Coast: 770-988-4492, EC. Off: 02-380-4088, Ec. Cel Claro: 098-828-8953, WhatsApp, Zello, Telegram, Viber, Signal, WIRE, Element, Sessions: +593-98-828-8953, For Virtual Real Estate Tours, PreTrip Planning Video Conference via Zoom, jitsi, "skype" user name: "Jack.Abercrombie"- https://join.skype.com/invite/B4plcVLSCGWk Someone once said that Ecuador is a country that is: •EASY to love- •HARD to understand- •Impossible to forget- 'All the Very Best on Your Endeavors in Ecuador-