It is not that easy to make online business in Mexico, just mostly because of the country’s banking system. So, Uber launches its own debit called ‘UberCard’!
Yes, it is going to be called ‘UberCard’ and all the entrepreneurs are await to see if it survives in the system. Because, it is obvious that if Uber succeed in this project, many startups or investors will be turning their face to the Mexico for new opportunities.
Ride Uber or Go Shopping!
UberCard is being issued by BANKAOOL, which is Mexico’s first online bank and it will be coming with MasterCard’s system. So, as the UberCard is coming with MasterCard’s logo, the card will let you ride uber or go shopping to spend from your UberCard account.
How to get one?
To request the card, customers should first have to top up MXN$200 ($10 USD). Later on, in 5-10 business days, it will arrive to the address.
Wherever you go, Uber gives you ‘first ride free’ if you have an invitation from one of your friends. It is available in Mexico as well. For first time users, Uber gives free rides up to a value of MXN$100 ($5 USD).
As it is quite obvious, many entrepreneurs and even investors are looking forward to seeing how it is going to be in Mexico. Again, let’s repeat it, if Uber succeed, then Mexico will be welcoming thousands of startups or investors to its ecosystem.
We will be keep you up to date with any news on Uber Mexico. We are going to see together, how it goes.
Entrepreneurship is something that is trending in the world of today. Whoever you come across wants to become an Entrepreneur but what is commonly observed is the lack of knowledge about some key terms used in the entrepreneurial world. This is something that you should not be worried about, because we’ve got you covered.
ELEMENTARY FINANCIAL CONCEPTS
In order to set up a basic cost-structure of a company these financial concepts must be on your finger-tips: Read More
It is important to be consistent throughout meetings with investors. As you meet with investors more and more, you will begin to develop your own way of working. To begin, here are some pointers I suggest when meeting with investors through the whole process.
Preparing for your meeting:
Carry out research on the person that you’re meeting with. What makes the person you’re meeting with excited? What grabs their attention? In doing this, you are getting a feel of your investor before you’re on the spot with them. Read More
Starting up a business on your own at times tends to be a recipe for disaster. It gets worse if you are on board with the wrong team and even worst when they do not share the same business goals as you. Having the right team is key for anyone venturing into the business world as a first timer.
But what constitutes to the right startup team?
Well, here are some of the things to consider when it comes to choosing the right startup team for your business. Read More
You must have heard this a trillion times, “the loftier the goal, the farther you fall.” But this is something that should not stop you from progressing. Taking failure as a learning experience isn’t an easy task, but in order to succeed, you must know what failure is.
Remember Thomas Edison? When asked about his feelings regarding facing failure a 1000 times, he replied that the light bulb was an invention with “a thousand steps.” Read More
We currently live in an era of growth hacking in addition to rock star startups taking the world by storm. This has led to many of us focusing on new ways to acquire customer or user acquisition even though it could cost more than customer retention.
Some essential means to help build loyal customer networks are:
Build your network
Having close contacts from business colleagues, partners, suppliers, contractors to prospective and existing customers helps in boosting your sales line. The contacts you have are untapped customer base waiting for you to link up with their needs. Meeting up at networking events or cluttering up business cards does not guarantee one of remembrance after a long while. Networking is a long-term investment which, if done right by adding value to the relationship made between you and the customer can go a long way and actually pay off. Read More
For most startups there are few business guidelines to observe. One of the key guidelines is knowing the pivoting. Knowing when it’s the perfect time to point to another direction is crucial to any entrepreneur. This flexibility trait is undeniably what makes a true entrepreneur.
But the question in mind is why is it so important?
Well here are listings of why pivoting is important in entrepreneurship. Read More
No man is an Island. For every business owner having a network-base is crucial. A network is like a web – it connects you to different people and resources that you cannot reach on your own. Here are five reasons why it’s important to have a network in entrepreneurship.
- Shared Knowledge
Have you ever understood the concept of a library system? Well, it works the same way as a business network when it comes to sharing of knowledge. One book cannot contain all there is to know about life. That’s why a library exists to hold all the different books containing various information. The same way, having a networking system in your business exposes you to the different information that exists. A network enables you to share you different experiences, offering a learning platform for both you and your associates. Read More
It is very difficult to find a great idea. But a business cannot be built just on an idea without a great strategy on how this idea can be executed. In order to convince people that your idea is great and has potential, you should be able to pitch it like a pro! A great pitch can give you the better output. But the question is how to successfully pitch an idea? In this article we will discuss some points so that you can be able to pitch an idea in a better way. Read More
Let’s assume that you want to build a new business company or a startup, but you don’t have enough money to do that. What will you do? You have probably already thought about crowdfunding, but if you haven’t, here you are able to learn more about this option.
Crowdfunding is a technique, which is used by entrepreneurs to coax people via internet to give them some money so they can build their startups. Does it sound strange to you? Yes, this is possible now a day due to the procreation of sites, which allow businesses and NGO’s to raise money. This is the version of e-fundraising. According to the research of Massolution, there are more than 600 firms, which are working as a crowdfunding source and the range of their fundraising is up to billions of dollars annually. Read More