I have been living in Mexico the last couple years. Theres is tons of manufactures and I have logostics at hand. $100k usd. What would a seasoned entrepreneur do? (I’ve had several small online businesses, restaurants)

  • SerenDipiosa@alien.topBEnglish
    1·
    1 year ago

    Entering the manufacturing sector in Mexico with a budget of $100k USD can be a promising venture, given the country’s strong industrial presence and strategic location. Here are several potential avenues a seasoned entrepreneur might explore:

    Product Manufacturing:
    Leverage your proximity to manufacturers to identify in-demand products with export potential. Consider manufacturing products for local and international markets, targeting industries with growth potential.
    Export Business:
    Explore exporting Mexican-made goods to international markets. Identify products that have demand abroad and build relationships with distributors and retailers in target countries.
    Supply Chain Solutions:
    Offer supply chain and logistics solutions to manufacturers. Given your logistics experience, you could provide services to streamline the production and distribution processes for local manufacturers.
    E-commerce Platform:
    Build an e-commerce platform that connects Mexican manufacturers with international buyers. Facilitate transactions, handle logistics, and provide a platform for manufacturers to showcase their products globally.
    Tech-enabled Solutions:
    Develop or invest in technology solutions that improve efficiency in manufacturing processes. This could include software for inventory management, production planning, or quality control.
    Custom Manufacturing Services:
    Offer custom manufacturing services to small businesses or entrepreneurs who need specific products but may not have the capacity for large-scale production.
    Collaboration with Local Artisans:
    Explore collaborations with local artisans to create unique, handcrafted products for niche markets. This could include textiles, ceramics, or other artisanal goods.
    Renewable Energy Solutions:
    Given the global focus on sustainability, consider ventures related to renewable energy. This could involve manufacturing components for renewable energy systems or developing innovative solutions in the clean energy sector.
    Market Research and Consulting:
    Use your knowledge of the local manufacturing landscape to offer market research and consulting services to businesses looking to enter the Mexican market.
    Diversification within Manufacturing:
    If you identify multiple manufacturers producing different products, consider creating a diversified portfolio by investing in or partnering with several manufacturers.