Tag: finance-economics

Doing Business in Mexico Cultural specialists, such as myself, often will tell you that Mexicans (and Latinos in general) do not respond well to impersonal technologically-oriented means of communication or of selling. Latinos prefer to speak to a human being. It is a culture that is defined by almost everyone as strongly interpersonally oriented. Thus […]

Doing Business in Mexico I always tell my students and seminar participants that Mexico is a complex culture. In some ways is much like the rest of Latin America. Yet in other ways it is more similar to South and East Asian cultures, such as Japan. Various authors have pointed out that in countries such […]

Doing Business in Mexico One thing that often puzzles observers from the U.S. about Mexico is the apparent dichotomy between how Mexicans behave at the personal level, and how they manifest themselves in anonymity. Thus, your Mexican friend is willing to do anything for you in times of need, but that same person – when […]

Doing Business in Mexico Although denied officially and, personally by many Mexicans, racism in Mexico is so evident that most foreigners notice it right away. All you have to do is look at Mexican-produced television programs, especially the internationally-known genre of Mexican telenovelas (soap operas). There you will see many Caucasians playing leading roles, while the darker-complected […]

Doing Business in Mexico I get many inquiries from non-Mexicans interested in investing in or starting a new business in Mexico. The inquiries usually ask the normal “administrative” curiosities: What are the numbers for the industry? (Sales, outlets, what have you). How competitive is the market; how easy/difficult it is to get the legal permits, […]

Doing Business in Mexico A common saying among professionals in the United States goes something like, “I’ve got to take care of number one, you know,” usually when discussing a situation in which the speaker had clearly behaved thinking of what was best for her or him. If you are more trendy and now consider […]

Doing Business in Mexico Every time there are presidential elections in Mexico, there is a panic that the country is about to enter a new crisis. This is to a large extent based on past experience, so much so, that it is part of the “Mexican mindset.” The end of various past administrations has been […]

Doing Business in Mexico To many outside Mexico, the country often seems “exotic.” Described as “surreal,” endless description about the inner soul of Mexico (the ” Mexico Profundo,” or the “Deep Mexico”), complex, traditional, contradictory, passive-aggressive are just but a few words often heard when referring to Mexico. No doubt, the pre-Columbian heritage has added to […]