What business should i start in a developing country?
>be in Philippines
>be in an urban setting
>everyone thinks employment is the right path
Also, limited startup budget.
And established shops around every corner
Other details i forgot to mention:
low living cost
High consumer expectation
Colonial mentality among countrymen
Lower tax
Lower goods cost
Lower wages (minimum taxable is equivalent to 11$ per 8hr shift)
>>1452376
Define colonial mentality. Is that resentment among native against former colonial powers?
>>1452383
Thinking that imported is better than local products
>>1452414
Buy bulk shit from Ali and stitch/glue western brand names on it to resell.
Or you could suck dicks.
>>1452435
That.....could work..
>>1452414
Experienced this in china but.. well no wonder. they had decent local products and their phones were amazing for the price, but they always went for imports.
>>1452736
I feel it man. Always want imported for prices meant for local products
>>1452368
start a sari sari store
>>1452368
an Uber for those little scooters they ride around on. look up Go Jek which currently operates in Indonesia. Use that company as a reference before they come to the Philippines and take the market from you.