Emprendedora

Disenos Ana Palza: Empowering Indigenous Culture

Disenos Ana Palza

The first thing we noticed when we walked into Ana Palza’s design studio, Disenos Ana Palza, were the mannequins adorned in colorful cholita dress, equipped with the iconic bowler hat, plush petticoats, shawl and huge decorative jewelry. Ana is a jewelry designer for Cholita fashion, the style worn by Cholas or Cholitas (the common term given to Bolivian indigenous women).

“It wasn’t too long ago when Cholitas would have been shamed for the way they dressed. They were discriminated against in their education, job opportunities and were even banned from certain parts of the city. Now, Cholita fashion is huge and even non-indigenous Bolivians are taking part, like me.” Ana participates regularly with the numerous fashion shows in La Paz, featuring solely Cholita dress. But, the biggest time in Cholita Fashion is Gran Poder, a two week long Christian religious celebration observed by the indigenous community in La Paz.

A big reason why Cholita fashion has become a movement in Bolivia was the presidential election in 2005 when Evo Morales, Bolivia’s first indigenous president was elected for the first time. His two terms has ushered in pride for Bolivian roots and reduced social injustice. The president was elected for a third term on January 22, 2016 (historically only two, five year terms have been legal).

Cholita fashion

“Fashion is seriously important to Cholita culture. It’s a huge status symbol. Wealthier Cholitas will spend up to 3,000 USD on a piece of jewelry and that doesn’t even begin to cover the expenses regarding their skirts, hat and shawl.” Cholita women who can’t afford a 3,000 jewelry set which includes earrings, pin for their bowler hat and shawl, can rent the jewelry at a lesser cost if they have the money, or settle for cheaply made copper jewelry (keep in mind, minimum wage in Bolivia was set at $215 a month in 2014). Ana is exploiting a middle of the road approach. “Our jewelry sets are about $300 and are handmade by Bolivians.”

It’s also important to Cholitas that they own a unique set of jewelry. The look of the jewelry is fiercely guarded secret in case competing women copy the style.

Ana has been in the jewelry business for 15+ years, starting when her sister and former business partner traveled to China and brought back Chinese styled and priced jewelry back as a gift for Ana. They quickly started a jewelry import business in Zona Sur (The wealthy district in La Paz) and employed over 15 women to help sell and create elaborate pieces. “But, like all good ideas, it was soon copied by other entrepreneurs. Margins slipped, we starting laying people off and eventually closed down the business.”

Two years ago, Ana started Disenos Ana Palza. “We are the only option available in Cholita fashion in the mid-tier price range. But, I know that because we have been successful people will soon start to copy our model. Our competitive advantage is our styles. We mix today’s Cholita fashion with older indigenous styles and modern western flairs. For example, this year our fish and coin jewelry has been very popular.” Ana shows us a special set of jewelry featuring fish (a sign of abundance) and old Bolivian coins. “Pearls have also been a hit.”

“I am very ADD,” admits Ana with a chuckle. “So, I am constantly creating. I think that is a big asset for me. Ideas just fly and I notice new trends all the time. The way my mind works helps me create and helps me stay ahead of the competition.”

Regardless, Ana says, “Entrepreneurs have to be adventurous, risk takers and can’t be afraid of failure.” Her piece of advice for current and wanna-be-entrepreneurs? “Figure out what you love to do and make that your business. If you love what you do, the money will come.”

Cholita 2

Start Up Chile: Can we create an entrepreneurial ecosystem in Chile?

Start Up Chile
Start up chile

“Five years ago, Start-Up Chile was born. Its mission – to literally transform the Chilean entrepreneurial ecosystem. It all began with a single question. What would happen if we could bring the best and brightest entrepreneurs from all around the world and insert them into the local ecosystem?” Would it create an entrepreneurial ecosystem in Chile?

While hanging out at El Centro De Emprendimiento Telefonica Open Future – one of Start-Up Chile’s co-working spaces in the trendy part of Santiago, and looking out at the multitude of entrepreneurs from all around the world, there is no question about it: Start-Up Chile is making a difference for these companies and the local economy.

Today, Start-Up Chile has accelerated 1,100 startups (about 300 per year) from 70 different countries, with about 35% of those entrepreneurs originating from Chile. 79% of those startups are still alive today, 1% have been sold and 20% have died. In addition to providing grants worth 30,000 USD to each team, a six-month mentoring period to jump start their businesses, and a kick-ass academic program, the best startups are also offered a spot on Demo Day where they have the opportunity to connect with investors in Latin America and the rest of the world.  

Chile emprendedor

According to recent data released by Start-Up Chile, their startups are having a big impact on Chile’s economy. 32% of startups in Chile have been funded (outside of Start-Up Chile’s grant), amounting to 41,559,000 USD, and their top 5 most successful startups have valuations from 10,000,000 to 75,000,000 USD. These startups are also responsible for job creation in both Chile and abroad; 485 foreign jobs and 974 Chilean jobs have been created thanks to Start-Up generations 1 through 12. The community has also seen an increase in incubators and accelerators. And the Start-Up concept has spread to Brazil, Peru and elsewhere in Latin America.

“There’s still a lot of ground to cover,” says newly promoted, Director Rocio Fonseca. “The future looks awesome and we are continuing to improve Start-Up Chile.” Already, Start-Up Chile has offered new programs ranging in time frames to meet the needs of different types of startups and industries. “We are also working on improving our academic program and building an investor club to help catalyze an investor ecosystem within Chile. As we continue to improve our services for startups we are hoping to retain more and more foreign startups in Chile” (About 10% of foreign startups are choosing to stay in Chile).

According to Apple Co-Founder Steve Wozniak, “It’s the greatest program I’ve seen of this type in the world! I’m gonna recommend it to my own kids.”

Chile emprendedor

5 Reasons Why You Should Choose Start-Up Chile

1.   It goes without saying that the 30,000 USD grant provided by the Chilean government is a tempting treat for any startup looking to make a name for itself.

2.   You are surrounded by some of the most creative, and brightest entrepreneurs in the world. Companies have come from 70 different countries to be part of the program with about 35% of entrepreneurs originating from Chile. As my great-grandfather used to say, “A wise man learns from his experiences, but a super wise man learns from the experiences of others.” By being part of a huge and extremely diverse community of entrepreneurs, you can further your entrepreneurial learning by hanging out with and learning from other startup founders.

3.   They are serious about educating entrepreneurs. Not only do you get access to mentors, but they bring in tons of workshops and events so you can get your learn on. For example, each week they have a intensive pitch training workshop that’s popular with the program’s current entrepreneurs.

4.     El Centro De Emprendimiento Telefonica Open Future Co Working Space is a fun place to work and network. We had the opportunity to sneak in (shhh don’t tell anyone) and hang out with some of the entrepreneurs at Start-Up Chile’s headquarters in Santiago.

5.   Santiago is just plain awesome! Chile’s capital is nestled in a valley of mountains, only a couple of hours from amazing surf, hiking, wine and skiing. The city itself is a fun mixture of cute cafes, businesses and a fun bar scene. Santiago, Chile has been one of our favorite cities (we do play favorites) in South America! What are you waiting for?

Sinergia Co-Work: “You Are Crazy!”

uruguay co work

“You are crazy” that’s what my grandmother loves to say of me for starting a company in Uruguay,” says Macarena Botta, Co-Founder and Executive Director of Sinergia Co-Work in Montevideo, Uruguay. “But I’m doing what I love. What else could I ask for?”

At Sinergia, their mission is to democratize entrepreneurship for the Uruguayan entrepreneurial community. “Before co-working spaces arrived to Montevideo (Sinergia was the first!), the entrepreneurial ecosystem was a bit elitist,” explains Macarena. “You had to know certain contacts to get into the community. With Sinergia, we wanted to create a space where we could democratize entrepreneurship. We wanted to create a place where entrepreneurs and freelancers could come together as a community.”  

Sinergia co work

In order to develop a sense of community, the co-working space has been developed to encourage networking among the members. “From yoga classes to workshops on accounting and sales, we provide activities each day that encourage networking between entrepreneurs.” Sinergia also has spaces where members come together to socialize like a terrace for asados, chill zones, ping pong tables, and an inside café where entrepreneurs can chat.

Macarena and Kaity pose for a photo

Macarena and Kaity pose for a photo

“The cool thing about co-working spaces, especially Sinergia, is that they shorten the entrepreneurial learning path because you share stories and experiences with other entrepreneurs,” explains Macarena. “It’s about learning from other’s mistakes and successes. It also makes being an entrepreneur feel a lot less lonely.”

While Sinergia only began a year ago, they have already added an incubator to their list of services and have plans to open a second co-working space geared towards the tech and robotics industry in the next couple months. “We hope to have five additional co-working spaces in Uruguay within the next five years.” Luckily, Marcena just might be crazy enough to make it all happen.