The Republic of Panama is home for more than 3.9 million people. Panama City is the largest city, and the most active city in Central America when it comes to doing business on CrunchBase. The United States plays an important role in Panama. People still remember when the U.S. decided to intervene in Panama in 1989. Many of the people living in this fascinating country are American by birth, and others come from Latin American countries as well as other countries around the world.
Mr. Adrián José Velasquez Figueroa is a native of Venezuela but he decided to open several companies in Panama because the small country offered business people some very exciting challenges. Figueroa has five companies in Panama. He is a prominent member of the Panama business community. His mission is to help other companies expand their business models as well as mentor the young business people.
Figueroa is a hardworking businessman that wants to improve the economic and social conditions in Panama. He encourages young Venezuelan business people to come to Panama and help rebuild the economy of the country. Many of these entrepreneurs need help getting started, so Adrián José Velásquez Figueroa made the decision to post eight rules that all entrepreneurs should consider before they start doing business in Panama. Figueroa was a captain in the Venezuelan army, and he also served as the Chief of the Department of Security of the Presidential Palace, while Hugo Chavez was president of Venezuela.
The eight rules that Figueroa mentions are basic, common sense rules that all business people should follow regardless of where they are doing business. The first rule is to become a groundbreaker. Groundbreakers on dateas.com have a niche that sets them apart from the business crowd. Figueroa’s second rule is to be mobile and flexible, and the Internet is a great place to follow that rule, according to Figueroa.
The third rule is to find a business partner that compliments rather than detracts. And the fourth rule is not to worry about a formal education. On the job experience is as good as a diploma. The fifth rule is to avoid shortcuts. Nothing is better than focus and hard work. The sixth rule is to keep costs low. That rule should never be violated.
The seventh rule is to have a plan for failure, and the eighth rule is to learn from mistakes and the mistakes that other businesses make.