{"id":964,"date":"2022-07-12T20:42:56","date_gmt":"2022-07-13T01:42:56","guid":{"rendered":"https:\/\/juanjosegutierrezmayorga.com\/?p=964"},"modified":"2022-08-03T07:46:08","modified_gmt":"2022-08-03T12:46:08","slug":"entrepreneurship-in-guatemala","status":"publish","type":"post","link":"https:\/\/juanjosegutierrezmayorga.com\/en\/entrepreneurship-in-guatemala\/","title":{"rendered":"Entrepreneurship growth in Guatemala"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The Global Entrepreneurship Monitor (GEM) 2018-2019 shows <strong>the rise of Guatemalan entrepreneurship<\/strong> and reveals that Guatemala has one of the highest levels of entrepreneurial activity.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This appointment has come to Juan Jos\u00e9 Guti\u00e9rrez Mayorga\u2019s attention due a huge appreciation and admiration for the Guatemalans who have decided to start their own businesses like his grandfather did more than 100 years ago and has had a huge impact in their country.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to the report in 2019, <strong>Guatemala had the second highest Early Entrepreneurship Rate in the world<\/strong>, with 27.5%. 28 out of every 100 Guatemalans are entrepreneurs with businesses that are less than four years old.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In addition, it is divided into <\/span>startups<span style=\"font-weight: 400;\">, those that have not generated income for the owners, and <\/span>entrepreneurial owners<span style=\"font-weight: 400;\">, those that have generated income, but for about three and a half years.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cIn Established Enterprises, the country is the leader in Latin America and the Caribbean with 38.7%. Every time there is a greater propensity to undertake\u201d, says Mar\u00eda Alejandra Alquijay, director of operations Acton MBA Guatemala.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This study carried out in the national territory by the Kirzner Entrepreneurship Center of the Francisco Marroqu\u00edn University, records that 55% of Guatemalan entrepreneurs are men and are between 18 and 34 years old.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It also confirms that 4 out of 10 businesses start with an investment of less than 5,000 quetzales. <\/span><span style=\"font-weight: 400;\">The report, prepared in 49 countries of the world, also reflects that two out of every three national projects are oriented to the consumer sector, and 93% of them generate five jobs or less.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Business growth figures<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Potential entrepreneurs increased from 10% to 49%<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The early entrepreneurship rate increased from 19% to 28%<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Established ventures increased from 5% to 11%<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Discontinued ventures have remained between 4% and 5%<\/span><\/li>\n<\/ul>\n<h2><span style=\"font-weight: 400;\">What does the Global Entrepreneurship Monitor measure?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">It is <strong>the Global Entrepreneurship Monitor<\/strong> (Global Entrepreneurship Monitor, GEM for its acronym in English), and measures entrepreneurial activity in each country. <\/span><span style=\"font-weight: 400;\">It was founded in order to carry out a Business Competitiveness Index, by professors from the London Business School and Babson College, in 1997.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In 2019, the document celebrates 20 years of being carried out consecutively since the first report prepared in 1999, in which 10 countries and 112 economies participated. <\/span><span style=\"font-weight: 400;\">The countries that have participated in all the reports are the United States, Brazil, Germany, Iran and China.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Global Entrepreneurship Monitor (GEM) 2018-2019 shows the rise of Guatemalan entrepreneurship and reveals that Guatemala has one of the<\/p>\n","protected":false},"author":1,"featured_media":968,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[79,87,90,89],"class_list":["post-964","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-curios-facts-about-latin-america","tag-business","tag-invertir","tag-investment","tag-negocios"],"translation":{"provider":"WPGlobus","version":"3.0.6","language":"en","enabled_languages":["es","en"],"languages":{"es":{"title":true,"content":true,"excerpt":false},"en":{"title":true,"content":true,"excerpt":false}}},"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.4 - aioseo.com -->\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"author\" content=\"Carla Flores\"\/>\n\t<link rel=\"canonical\" href=\"https:\/\/juanjosegutierrezmayorga.com\/en\/entrepreneurship-in-guatemala\/\" \/>\n\t\t<meta 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