Good evening forum members.
As you will see from my post count, I am a relatively new-kid on the block, but I have been around the Cyprus-Forum lurking for quite a while. My opening question could be classed as somewhat contentious, or it may be pure urban myth, but I'd like to ask about Cypriot business ethics and the possibility of physical injury or potential repercussions if I step on the wrong toes.
I've been in Cyprus for almost a year now, after moving here from Portugal. I'm a Brit and while I have no desperate need to work, I plan to in order to fill my days and be occupied. The business idea I have is, I believe, fairly unique to Cyprus, but a large part of it will encompass an aspect where there are native Cypriots already well established.
Rightly or wrongly, I have heard that this may not be taken too kindly to. A recent report in the 'Cyprus Mail' suggested that the cost of hiring an arsonist or a 'heavy' was minimal and that the practice was common-place in order to ward off competition. Is this statement likely to be true and do I need to be worried for myself/wife/business/home if I decide to undertake the venture?
What is the likely-hood of my idea being copied and undercut by others? I'm not afraid of competition in a fair and open market, but stories relayed to me suggest that potentially my idea could be easily reproduced at minimal cost (whereas my set-up costs would be considerable) but offered with minimal professionalism and no regard to customer satisfaction or repeat business. Is this true of the general Cyprus market-place and business mindset, or yet again, another urban myth?
Finally, a number of my potential clients will be well-established, large Cypriot-owned businesses. Am I better to employ the services of a native Cypriot to sell my idea to the people that matter (ie those controlling the money), or will I stand any chance as a simple British individual with a good idea to propose?
Hopefully, I will have given you all a laugh by now at how 'green' I appear along with my limited (but slowly-improving) understanding of the Cypriot culture. My last 11 months in Cyprus have been nothing less than pleasurable and I have enjoyed it immensely. I have no desire to upset anyone who is Cyprus-related in any way, so I make my apologies now if I have annoyed anyone with my assumptions or observations.
With kind regards,
DDD