Twenty years from now you will be more disappointed by the things you didn’t do than by the ones you did do. So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover. -Mark Twain

Friday, November 20, 2009

Did You Lose Your Mind in Puerto Penasco?

-by El Gitano Peñasco, "The Peñasco Gypsy"

From Cabo to Cozumel, San Carlos to Manzanillo and many places in between over the past 20 years I’ve met many U.S. and Canadian citizens who’ve opened up all sorts of businesses in this wonderful nation.

Even here in Peñasco there are ‘Gringos’ scattered about operating businesses and if you ever sit down with one of these owner/operators (anywhere in Mexico) and ask them for some advice about opening up a business in Mexico they may tell you that you’re crazy for even thinking about it followed with endless ‘tales-of-woe’…

Yet, the Heritage Foundation (a rather conservative ‘Grupo’) reports in its 2009 Index of Economic Freedom that “Mexico scores above the world average in eight of the 10 economic freedoms...”
“The Index of Economic Freedom, an annual guide is published by The Wall Street Journal and The Heritage Foundation” and “The Index covers 10 freedoms – from property rights to entrepreneurship – in 183 countries. For the first time, the 2009 edition also analyzes regions to showcase the freest economies in every part of the world.”

Regardless of where a person opens up, operates and manages a business and whether said person is a ‘National’ or ‘Guest’ of a specific region there are always rules of the road to follow and in that regard there is no difference in starting a business in (e.g.) downtown Phoenix/LA or Puerto Peñasco…

Of course in Peñasco if you need a break from running your business you do have those lovely beaches to stroll down while gazing at the Pelicans flying by… or maybe make a quick dash to Old Port for your lunch hour and munch down some scrumptiously delicious fish tacos (and sauces) that are to die for.

And at the end of the business day you can always stop by your favorite Cantina for hora feliz and maybe watch the sunset over the beautiful Sea of Cortez!

¡Viva México y Puerto Peñasco!

Email me: El Gitano Penasco