Tag: el mercurio startups

How To Come Up With Startup Ideas

Note: A version of this post originally appeared in Spanish with the title Cómo encontrar ideas para emprender in El Mercurio, one of Chile’s leading newspapers. I use my monthly column to give mainstream readers exposure to startup ideas. It’s a shortened version of Paul Graham’s original post How to Get Startup Ideas.

Lots of people dream of starting their own business. They want something of their own, to be their own boss and to try to build their business into something big and successful. As an investor, I meet with hundreds of hungry potential entrepreneurs looking for capital to start businesses. Their ideas run the gamut from small businesses to scalable tech startups. Their funding plans cross the specturm from VC, friends and family to bank loans.

The vast majority of the best Latin American companies that I see come from people looking for solutions to problems they’ve seen close up in their daily lives. Paul Graham, the cofounder of Y Combinator, the world’s most successful accelerator, put it extremely directly: (more…)

Startups: Charge US prices, with Latin American Costs

A version of this post originally appeared in Spanish as a column in El Mercurio, with the title Startups: vender a precios de Estados Unidos con costos chilenos.

The internet’s magic is that you can connect anywhere with any part of the world from where ever you are. We notice it when we talk with friends living in other countries, connect on social media, look at photos from around the world and keep up to date with the latest news from all corners of the world. We’re really living in a global world.

Tech startups are also global. A startup’s market can be the entire world from day one. But many Chileans only think about technology businesses from the US and Europe that have gotten to the Chilean market.

We’ve all heard about foreign startups that sell into the chilean market and many chileans have made purchases from sites like Amazon, Asos, Book Depository, Aliexpress and more. But the vast majority think it’s impossible to do the opposite: sell in the US from Chile. (more…)