Like with any small business you put in Ecuador, you’re going to have competitors with DEEP multi-million dollar pockets.In my case for my 19 room hotel near the Quito airport, I compete with the Wyndham an international chain. So how can a little guy like me or you when against these corporate dicks. Of course, … Continue reading How to beat the big boys in Ecuador accepting barter
Working near the airport I have a chance to converse daily with travelers who get bumped trying to fly standby to or from Ecuador. Thing is, most international airlines like Delta, United or Copa only have one flight to and from Ecuador daily. So especially in peak season chances of getting on your first try … Continue reading Flying standby to Ecuador without getting bumped
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, … Continue reading How not to start a business in Ecuador
Even Warren Buffett says farm land is one of the best longer-term investments you can make. And in Ecuador, desirable farm land can still be found dirt cheap. For instance, $1000 per hectare or less. Yesterday in fact, I was chatting to one guy who exports plantain weekly from his farm in Santo Domingo to New … Continue reading 3 surprising ways to make more money out of your farm in Ecuador
I got a text earlier this week… “I got what you’re looking for. (In Spanish.) 500 meters oceanview lot in the area you looking for for $25k. Or how about $65k for a 2000m2 beachfront lot?” “Is it negotable? Got anything else cheaper?” I replied. I had no idea who I was talking to. Turns out … Continue reading How ghosts help me find the biggest property deals in Ecuador