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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 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.

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It is evident that inefficient service delivery annoys many people, but for e.Bricks ventures, this can turn out to be a business venture. The Brazilian firm venture capital plans to invest R $ 300 million in start-ups whose technologies are considered to have the capability in helping enhance the quality in the major regions. For segments were described as targets with top priority: financial amenities, education, health and small and medium enterprises.

Pedro Sirostskiy Melzer who is the managing director of venture capital e.Bricks inform that the fund is raising phase, and the company has an excellent reception from investors. The raising of the funds is done both in Brazil and overseas and the forecast is that the first donations are made from July.

Through the other background, e.Bricks plan to come up with technological solutions that can assist in finding solutions to structural problems. For instance, 50 percent of the total population still does not own a bank account, says Peter Melzer, mitigating the interest around the Fin-tech, financial services firms through the internet.

Eduardo Sirotsky Melzer, the leader of the RBS Group, says that, on top of offering financial assistance, the benefits of e.Bricks ventures is the experience of its chief partners. He goes on to add that capital is essential but limited. There is no set number of business to get investments from this venture. The number of companies will differ depending on the risk of the enterprises and their development ability, in addition to the maturity stage. The businesses that exhibit excellent performance might have a chance to get subsequent rounds of investments.

In spite, the teething troubles of Brazil ranching from the slump and impeaching of President Dilma Rousseff away till the outburst of zika virus, investors from other states are acutely aware of what is going on in the country.

Duda Melzer Takes Up His Role As The President of RBS Group