Why spaniards are lazy
This is one of the few situations where the government is actually betting on start-ups, but the folks aren't buying. Recently, SP attended a free class on how to start your own business, offered by the Community of Madrid, the province that is mostly made up of the capital. It was a full classroom of about 40 individuals, no one under 40, all looking to create clothing shops, convenience stores, or locutorios. Not a single person spoke of e-commerce, technology, or something unique.
The only ideas that came up of financing those small businesses were the banks -- virtually impossible in Spain right now -- and family and inheritance. Up until the crisis, this country's real estate boom was based on parents co-signing their kids' zero-percent-down mortgages.
Now, the banks are foreclosing on that kid's house, that parent's house, and still expecting the both to pay. No fiscal lessons are being learned from the crisis and certainly no one seems to be getting more creative because of it. ESADE's white paper also includes the fact that, while five percent of the Spanish population are small business owners, less than half of these "independent companies" has two or more employees.
Only a mere ten percent, or five out of every thousand small businesses, has ten or more employees. This goes to show how many of the Spanish do share a desire with most cultures to be their own bosses, but that it stops there.
There are, of course, freelancers, particularly in the architecture industry and others impossibly hit by the crisis, who, following their two years of government-funded unemployment, try to outsource themselves to any job they can get.
And there are the shopkeepers. But the majority of these people aren't Zara's Amancio Ortega , who went from owning one clothing shop 40 years ago to being one of the five richest men in the world, but rather they usually only open just one shop or bar, as part of creating a legacy to pass down to their children.
They rarely think of opening an online store, which is a much lower-risk investment, and they don't consider whether that's what their children would like to do anyway. In fact, according to the report by European Commission's Eurostat, Spanish SMBs score average or below average against other EU member states on their ten points of evaluating small businesses, with the exception of Spain doing above average on "Thinking small first.
It just goes to show that Spain's small businesses may be good at thinking independently, but only if small and local. To compound the country's economic problems even more, with fewer job prospects at lower salaries at home, Spanish university grads are looking off the peninsula, causing a brain drain that could be irreparable if and when their home economy bounces back. The Spanish National Statistics Institute revealed last year that twice as many of Spain's youth are currently emigrating than were in This creates a huge risk for the nation's future.
Castellanos are fond of saying poco a poco or little by little. In the meantime, SmartPlanet is happy to continue to highlight the technology and innovation of the few and the proud here in Spain , those still willing to fall on their asses as they go against the grain to start their own businesses.
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Analytics Analytics. What I mean by that is not only do they work long hours but they also really try to do their job well and give the best service they can to the customer.
People from any one country, in my experience, tend to be their own harshest critics. Despite the stereotypes, Americans genuinely are some of the harshest critics of America, Americans, and our government. The same definitely appears to be true in Spain. During my Oktoberfest excursion with my friend, Ana, I got to meet a couple of her friends who were Spanish but had been living and working abroad in Sweden for a few years now.
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