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The keys for an Argentine startup to receive local or foreign investment

The keys for an Argentine startup to receive local or foreign investment

I talk daily with foreign clients and investors. Receiving financing can be beneficial to achieving growth objectives and increasing the value of the startup, but throughout my career I have learned that it is also extremely important to maintain control and ownership of the company.

Therefore, the Smart Money Investorthat is, investors or investment funds that not only provide financing, but also contribute their experience, knowledge and connections, can be great allies.

Of course, each investor has their preferences -there are those who seek security, risks, numerical results or achieving dreams-, but they all have something in common: they seek a committed and passionate founderwho aspires to be leader in its market to expand as much as possible. The key is to remain true to ourselves and be our best version to attract investors who are on the same page and bet on us in the long term, without trying to change our essence.

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Of course, being committed and passionate will not be enough to convince a foreign investor, it will also be necessary to have the talented workforce, the potential market, an entrepreneurial pro-business culture and a solid and well-structured plan to demonstrate the reliability and potential of return on investment in Argentina.

Likewise, for a foreign client to turn to use the services of an Argentine company and trust it, it will be necessary offer innovative solutions and be willing to customize them to satisfy your needs. In other words, be proactive, anticipate, anticipate, be willing to continually evolve and improve to offer the best possible service.

Argentina has a great business opportunity. This is first of all because it has highly trained talents and human resources. Second, it has a broad potential customer base and a diversified economy that can support start-ups.

As a third point, we can highlight an innovative business culture and a large number of events and opportunities to connect with other businessmen and learn from the industry. Lastly, the country has a strong presence in the technology and innovation industry, which can help drive the growth and development of new startups.

The challenge is in retain talent due to a combination of factors such as low wages, living conditions, political and economic stability, opportunities for professional development and learning, and a lack of technological and research infrastructure.

As an example, we can make a transpolation between what happens in the sports and professional fields. That is, soccer players choose to go to teams with a better level of competition and resources that allow them to improve their game and increase their chances of performing at a higher level; while professionals in technology and other industries seek opportunities that allow them to grow, develop and have access to more advanced resources.

Despite the fact that Argentina has a great business opportunity, foreigners are afraid to invest in the country and this is due to economic instability, inflation and volatility in the exchange rate. Added to all this is an uncertain or changing regulatory framework that can make it difficult to predict and plan a company’s operations.

CEO and founder of Go Doctor.

Source: Ambito

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