The LAS Team

So if you've seen my last post, I promised to talk a little more about my entrepreneurship project. So here's a picture of the team. It took a some time to find the right project but I think in the end it's a matter of doing what you know.

With that said, I was the project management expert, Sergio (in the middle) is the fish farming expert, and Jiong (on the Right) is a CFA and Enterprise Resource Planning (ERP) Systems expert. Together we developed a business plan to open an ERP consulting company for small-to-medium enterprises in the fish farming sector of Chile.

None of us are from Chile, but the beauty of that country is the openness to foriegn investment. The laws there allow a company to be incorporated with no local ownership. Plus, it's the most stable country in Latin America politically and economically.

After all the research, it turns out that this idea is entirely possible. The problem is that none of has ever installed one of these systems. Even though in theory we have the right expertise, we just lack the experience to have the kind of credibility to get contracts immediately. Although our marketing plan acknowledged this, it's a tough sell. Latin America is a high relationship business enviornment, with the vast majority of the business family-owned, so they aren't going to look at the numbers and just say "Let's do it!"

At any rate, I think we did well and the presentation was as good as we could expect. Let me know if you want to start up a business, I have ideas!!

r_m