Bootstrapping in South America?
A friend of mine, a really brilliant guy named Pelle that I met at Reboot 8 has a great post about bootstrapping your business in Argentina. He’s living in Denmark but has been there for a month on work.
Things like this really peak my interest and seem quite viable in many situations. I know for myself, moving to Europe from the US probably wasn’t the best thing from a bootstrapping point of view as it is even more expensive here and I lost money on the conversion. But those are my particular circumstances and I also started SugarStats after I moved. But I do keep up with reading about other entrepreneurs going to more efficient locations for their startups and then returning to the states. Not only does this make for a great travel and cultural experience, but also a wise move financially of course.
One such company I’ve seen is Sproutit, the makers of Mail Room. They are actually from my hometown of San Diego, California and moved to Prague to bootstrap their business and develop their web application. They have become quite successful and have since begun their migration back to the states (this time the bay area I believe).
I would definitely love to travel to South America, hopefully just for pleasure if not for starting a business. From what Pelle says, you can find a lovely place for around $600-$700 per month! Not bad, especially if you take into account 3 course steak dinners for $6-$9. Sweet.
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Posted on September 8, 2006
Filed Under Business, Daily Thoughts, Productivity, Startup, SugarStats, Tech, Travel
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