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Recipe for entrepreneurs

The articles written by the PÚBLICO Brasil team are written in the variant of the Portuguese language used in Brazil.

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The trajectory of an immigrant in an unknown country is not always easy, due to the many challenges to be faced. But there are many achievements, especially in the case of entrepreneurs.

First of all, to start a business in a country that is not your home country, you need to understand local legislation very well. Any mistake along the way can result in a lot of trouble.

When you have knowledge of the market in which you are going to undertake, boldness emerges as a very important ally for success. And this has not been lacking among Brazilians who cross the Atlantic in search of a better life.

They bring with them a rich tapestry of culture, traditions, knowledge and the will to win, combined with creativity. It’s a good recipe for overcoming obstacles and ensuring resilience. It is no coincidence that they are ahead of all foreign communities living in Portugal when the topic is entrepreneurship.

The rules for entrepreneurs are clear: it is essential to know the market reality, trends, competition and the type of products and services that will be offered. Paying attention to the details of the area in which you intend to operate, it will be possible to adapt intentions to the business plan. This will ensure that the entrepreneur does not have so many surprises along the way and does not invest time and money in a sector with little chance of success.

One of the main advantages of being an entrepreneur in another country is the ability to explore new markets and take advantage of opportunities. History shows that determination and mutual support can transform lives. And inspire, so that others are not left in the middle of the way.

It is important to highlight that Portugal offers support for new ventures, but not everyone who dreams of having their own business is aware of this fundamental support, which is seen by authorities as a way of promoting innovation and investment and producing wealth for the country.

So don’t let these opportunities slip away. There are free programs for training and monitoring entrepreneurs, structuring the business, and financing sources. In this world of such fierce competition, all help is very welcome and should not be wasted.

Furthermore: surround yourself with people who will contribute to your success, not those who will always put obstacles in the way. Choosing partnerships requires a lot of patience. It’s better to wait a little longer than to have to abort your dream idea because someone you trusted decided to go against it.

Know that partnerships can be dissolved at any time, and the decision must always aim at the success of the business you dreamed of. There are even good consultants willing to lend a hand to entrepreneurs, and several of them are in institutions that support foreigners.

Don’t be shy about asking for advice. Absolute certainty can often be a fatal trap. Entrepreneurs who don’t listen, don’t follow through. And always look favorably on those who think differently, but do not position themselves as enemies.

The successful entrepreneur is the one who manages to get rid of his own ego and prioritizes pragmatism. This applies to anyone who wants to build a business in Brazil or Portugal. The lack of humility tends to save many people from failure.

Source

Francesco Giganti

Journalist, social media, blogger and pop culture obsessive in newshubpro

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