“Being entrepreneurial in Latin America is like dancing, two steps forward and one step backwards; but always advancing”, Craig Dempsey, CEO and Founder of the Biz Latin Hub
Craig Dempsey – Australian Entrepreneur in Colombia
Navigating the dynamic landscape of Latin America presents both unique challenges and rewarding opportunities for entrepreneurs and business owners. As the initial point of contact for clients looking to enter this vibrant region, Craig plays a pivotal role in guiding them through the intricacies of the local market. His focus is on helping clients not only understand these complexities but also devise effective strategies to succeed.
“Latin America is one of the fastest-growing regions in the world, characterized by a large and expanding middle class,” Craig explains. “We believe the region is on the cusp of a golden age. However, this potential comes with its own set of unique challenges. Our mission is to empower entrepreneurs, business owners, and managers to recognize and navigate these challenges while seizing the best opportunities. By crafting tailored strategies, we help them move forward with confidence.”
Craig’s work centers on collaborating with strategic clients and partners seeking regional solutions. He assists them in leveraging market synergies, accessing valuable opportunities, and ensuring streamlined operations through effective business structuring. Though based in Colombia, Craig dedicates five to six months each year traveling across Latin America, becoming a familiar face in our offices throughout the region.
Founded on September 1, 2014, the Biz Latin Hub Group has grown exponentially by maintaining a steadfast commitment to service delivery. What began as a single-office startup in Bogotá, Colombia, has evolved into a multinational enterprise encompassing all key markets within Latin America.
“As one of the fastest-growing Australian-owned businesses in the region, we now operate in 18 countries and employ a diverse team representing over 20 nationalities,” Craig notes. “This remarkable growth has been achieved in less than five years, showcasing the potential that Latin America holds.”
Our esteemed client portfolio includes notable companies such as Imperial Group (UK), Cargo Jet (Canada), Sedgman (Australia), Laconia Resources (Australia), MHM Metals (Australia), Horton Works (United States), Ascot Resources (Australia), Hexa Resources (UK), NexPay (Australia), HubSpot (US), Vistra (UK), Velocity Global (US), MedReleaf (Canada), Novum (US), and Hopper (US).
Craig Dempsey is a successful business owner and entrepreneur in Latin America
Before embarking on his entrepreneurial journey in Latin America, Craig served in the Australian Army. As a commissioned officer, he completed multiple combat tours in Central Asia and the Middle East. Following his military career, Craig transitioned into the mining sector, quickly advancing to executive roles across Australia, Canada, Peru, and Colombia.
Craig is a graduate of the Royal Military College and the Australian Defence Force Academy. He is also a qualified Professional Mechanical Engineer from the University of New South Wales and holds a Master’s in Project Management.
“I encourage aspiring entrepreneurs and business owners from Australia and around the globe to take the leap,” Craig shares. “With commitment, determination, and hard work, anything is possible. You just need a solid idea, an opportunity, and a great team behind you.”
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So what advice for new Entrepreneurs?
“My Advice to new entrepreneurs and business owners is to firstly Identity a market opportunity, then to most importantly validate the economics of your business idea, a step often missed by new entrepreneurs. Then once ready, incorporate a local company, hire the best people that you can afford and then do not accept failure.
5 Key Tips for new Entrepreneurs?
- Know your value proposition
- Know your numbers
- Start small but go fast
- Be persistent but pragmatic
- Be willing to pivot with the market
If you would like to speak directly with our entrepreneurial CEO, Craig Dempsey, and explore how he can assist you with your business needs in Latin America, we invite you to reach out. Craig is eager to share his insights and experiences from his extensive time living and working in the region.
In addition to his role at Biz Latin Hub, Craig has recently established StartupVC, a venture capital initiative aimed at supporting innovative startups, and has developed Medical Tourism Packages to enhance healthcare accessibility in the region. You can learn more about these initiatives by following the links: StartupVC and Medical Tourism Packages.
For personalized assistance or to learn more about Craig’s journey and expertise, please feel free to contact him directly. You can also view his LinkedIn profile here. Additionally, we welcome you to visit our corporate office in Bogotá, Colombia, where you can engage with Craig and our team in person. Together, we can discuss tailored strategies and solutions to help your business thrive in this dynamic market.
Biz Latin Hub
The Biz Latin Hub Group is the leading provider of Market Entry, Back Office and Company Formation Services within Latin America; with offices in El Salvador, Guatemala, Honduras, Belize, Panama, Costa Rica, Mexico, Brazil, Colombia, Ecuador, Peru, Chile, Argentina , Dominican Republic, Puerto Rico, Paraguay, Bolivia and Uruguay the Group is able to offer Business Owners and Entrepreneurs in Latin America unparalleled support across the Region. Please see below a short video to learn more about the history of the Group and the services that we can offer to our clients in Latin America.