By
Gary Scott
Ecuador business opportunities are numerous such
as the idea sent to me by a French delegate from a group we took to Quito. She
wrote:
Ecuador business ideas
question
"Gary, Ever since I came
back from Quito in March after attending your seminar-which I so thoroughly enjoyed-I
have been aware that I would like to start up a small business and in doing
so
help the Ecuadorians in some tiny way.
"It has also become an obsession
to create Ecuador business ideas so in the future I must spend part of my winters
in that wonderful country! (I think in one of my past lives I have lived
there!)
"I bought a couple of sweaters
from Galeria Latina and have shown them to friends both here in France and in
the UK, and they created a lot of interest.
"As you may remember I do
not have a lot of capital to finance my Ecuador business ideas so cannot buy huge
amounts of stock. So this is where I would so much value your opinion and advice.
What about a mail order catalogue or sales on the internet? There is already an
English company which sells Peruvian clothes through a catalogue and some of their
sweaters sell for over £400! I ordered a dress for my niece a couple of
years ago and it took 6 months to arrive!
"I really enjoy reading
all your newsletters about Ecuador business ideas-long may they continue. I appreciate
the fact that you are a very busy person but if you do have a moment to put
down
any ideas on the subject I would be most grateful. Do hope all is well in your
world-please pass on my best wishes to Merri. Strange things seem to be happening
in France at the moment. With kind regards from C."
My reply below provides Ecuador
business idea that will work in many types of small businesses. Here was my reply.
Ecuador Business Ideas
"I am delighted to share some
thoughts on Ecuador business ideas . I see several ways of doing this. First
I have seen the Peruvian catalogue and you are right, they charge an arm
and a leg
for their products.
Ecuador is a perfect place for
small business people as their industries are composed mainly of small businesses.
Few big companies export from there because they cannot get sufficient supply.
I suggest selling from inventory.
Build slowly. If you take orders and then try to get product from Ecuador you
may be overwhelmed with customer service problems. The task of continually telling
everyone when the shipment is coming could be too much to bear. Buy as much as
you comfortably afford, sell it and buy a little more each time.
An alternative is to buy and
show samples, take orders and when you have sufficient orders (with a deposit
that should about equal your purchase price), fly over and buy....plus enjoy your
time there.
Call your service "Andean
Buyers Club" or something like that. The story is simple. There are wonderful
sweaters, coats, clothes, etc., in the Andes, but who has the time to get them
all? You will be the customer's personal buyer. Give them an E catalogue, let
them send you their order with deposit and credit card (so you can charge the
balance when you return with the goods). When you have enough orders to cover
your trip and give you a profit, run for DeGaulle! Good luck!"
You can live inexpensively in
Ecuador and earn in such simple ways.
You can learn more Ecuador business
ideas in our Ecuador Report or GaryScott.com
Sometimes one picture
is worth a thousand words
You can get many Ecuador business ideas
at the famous Otavalo market shown here
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