Entrepreneurship in times of pandemic…

Following the Covid-19, Ecuador has been one of the most affected countries in Latin America, mainly in its economy. Due to the fact that several citizens died, and most of them were the livelihood of their homes. Besides, several companies and commercial establishments had to close their doors because of the confinement, thus producing a high unemployment rate.

Therefore, new economic measures were taken to survive, resulting in several types of enterprises and putting into practice different marketing methodologies. But, how will you know which type of venture is the right one for you?

You will find the answer in these 2 simple steps:

Step 1: Investigate the commercial needs of consumers to propose a product or service.

Step 2: Select the most suitable for your business of interest, considering that it must be innovative.

Once you have done both steps, you will have several options inside your mind. You must opt for the best one and put all your ideas afloat to work as soon as possible in your small business.

Tip: Bellow there are some options that may interest you if you still don’t know what to do. 

1 Food entrepreneurship

The food area will always be the first option since its economic income is daily; whether you sell fast food, traditional dishes, desserts, or drinks. You will always find consumers of your products, especially if your presentation and your seasoning attract them.

2 Clothing business

In this area, you can find several options, from secondhand clothing to imported garments. Everything will depend on you. You can even make your own product with woven clothing or face masks made of anti-fluid fabric, which are well marketed.

Tip: You can use the app “Alibaba” if you choose to start by importing clothes or other items, and get in touch with a supplier as the acquisition cost will be reduced and triple your income.

3 Cosmetics entrepreneurship

Makeup and mainly skincare products have been a “Boom” at least in times of pandemic. Even, most people have taken more care of their esthetic aspect. 

Tip: You can start by contacting cosmetic importers if you are considering this option, and selling combos of products because your earnings will be high.

Note 1: You can easily start your small business if you promote it through all your social networks and applications since the internet will be ideal for getting your business afloat.

Note 2: If you know someone who has an entrepreneurship or is just starting, tell me in the comments, and if you have the page or contact share it!. Because we can all help each other.