Uruguay Forum

MHargraves
Joined 2015
Posts: 16

9 years ago

Money making ideas

9 years ago

Please feel free to post your business ideas of how to make money.

Although many of you may not realize it, most foreigners in countries around the world have learned to survive by working together.

I have lived outside the US for 5 years now. It has been a struggle for many reasons, but I still consider this to be the best part of my life. I have been trying to save up enough money to open a business in a South American country, but so far have not been able to.
However, I thought I would share some of my ideas with others, and see what they think. Because I grew up in a very rural area (Hamilton Montana) I learned that survival is better when you have friends that share in your ideas.

You folks are all in a foreign country living together, and yet may need to learn what I would call the most basic lesson of survival and that is to work together. Support each other, and help each other, and things will be much better for everyone.

Here are some of my ideas:
1. Open a coffee shop, and support each other by patronizing the business and spreading the word when you can. Some things to add would be a business center where folks can use a computer if they do not have one, larger tables with electrical plugins for those executives who need a break from the office or home while working, coffee bean roaster and grinder to make real fresh coffee and how about some cream cheese cinnamon rolls, or fresh bagels?
2. Open a self-service laundry mat where folks can not only wash and dry their clothes and get dry cleaning done, but can wash large items like blankets, bedding, etc. Of course folks can drop off and pick up their laundry the same day.
3. Open a fitness center with either an aerobic / dance focus, or one with weights / machines. It can be in the basement of your home if needed.
4. Open an English Language Center. Hire your expat friends to work there on a salary to help them gain residence or citizenship.
5. If you farm or have a large lot of land, consider cattle ranching as it generates a very good income in Uruguay as 90% of restaurant’s are Parilla’s. You could do an organic chicken farm where you sell organic chicken eggs and chickens.

Believe it or not, I have seen all of these and more (bars and disco techs) being done by expats all over South America with success. If you open a business, banking will be easier for you. You will be able to meet more locals and find out what they think not only about you, but about your business and how to improve it.

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Contribute
Help others in Uruguay by answering questions about the challenges and adventures of living in Uruguay.