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08 Sep, 2017

Young Entrepreneur Magazine

Young entrepreneur magazine The young Entrepreneur Magazine: Matt, to give our readers an idea, can you briefly give us your educational background? Matt Landau: Well, I grew up in Princeton, New Jersey and graduated from Princeton High School with a 3.2 GPA. I then attended the University of Richmond in Virginia where I studied, among other things, cheap alcohol and the phenomenon of young adults thinking they know more than they actually do. I graduated with a major in International Economics and a minor in Spanish. 3.1 GPA. TIEM: So, what was it about the USA young entrepreneur magazine that made you so quickly fly the coop? ML: The rat race wasn't something I was very interested in. I don't like rats. Or races. Through various internships and jobs over the years, I realized that working nine to five and climbing the corporate ladder, were things that just kind of made me depressed. The amount of quality talent in the US is staggering and when it came to going up against that work force, I realized my odds at success were probably greater somewhere else. Central America happened to offer a terrific climate, friendly people, and good infrastructure for doing business. TIEM: So in just a few short years since your graduation, you are now the expert on Panama. How did you come to know everything about travel and investment in that short time? ML: You see, I think that's a misconception. To be an expert, you don't necessarily have to know everything about the subject. You simply have to know more than most people. TIEM: What advice would you give to other young entrepreneur magazine looking to maybe break out of their shell and start a business? What's a good first step? ML: Well my advice would be to work really hard in order to identify a problem; to identify a gap in a market where something (whether it's a product or a service) is missing. That is to say, find a niche that's not yet been tapped. Sometimes, this niche exists just one industry over. Sometimes it's one state over. For me, that niche was a lack of good written information on travel and investment in Panama. There was simply no quality resource for people looking to vacation or buy real estate. You need to use a little intuition here: obviously, there may be a lack of good trampolines for goldfish, but once you've determined there could be a demand, you've made headway. TIEM: Once establishing that first step of identifying a problem, how did you so seemingly effortlessly leverage your way to the top?

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