UNLEASHING THE ENTREPRENURIAL SPIRIT ENTREPRENEUR TIMES THE Edition February 2024
Real Estate Leader 2024 (Vol 1)
Whiteld CEO, Redene Winning Featuring Proles
Sudhir Director, Inventindia Innovations Pvt. Ltd. President | Broker, Blue Zone Realty International Most
Influential
Tim Fenton Rob
Jyoti
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Edition February 2024 UNLEASHING THE ENTREPRENURIAL SPIRIT
Noah Taylor
Editor’s Note
Pioneering Excellence in Costa Rican Real Estate
Inthisexclusivecoverstory,wearedelightedtopresentTimFenton,the visionaryleaderatthehelmofBlueZoneRealtyInternational,asour"Most InfluentialRealEstateLeaderof2024."AsthePresident&CEOofBlueZone RealtyInternational,Fenton'sunparalleledcontributionstotherealestate landscapeinCostaRicahavegarneredinternationalrecognitionandaccolades.
ThisfeaturedelvesintoFenton'sillustriouscareerspanningover30years, exploringhisjourneyfromtheearlydaysintherealestateandproperty managementfieldtothepinnacleofsuccesswithBlueZoneRealty International.ThearticlehighlightsFenton'sunwaveringcommitmentto excellence,personalizedservice,andinnovationinanever-evolvingindustry.
DiscoverthepivotalmomentsthatshapedFenton'scareer,thechallengeshe navigated,andthemilestonesthathavepropelledBlueZoneRealty InternationaltotheforefrontoftheSouthernPacificZone'srealestatemarket. Fenton'sdedicationtofosteringaclient-centricapproach,coupledwiththe agency'sglobalrecognitionandcommitmenttocommunityengagement, exemplifiesthetransformativepowerofserviceintherealestatesector.
AswerecognizeTimFentonasthe"MostInfluentialRealEstateLeaderof 2024,"weinviteourreaderstoembarkonajourneythroughthedynamicworld ofCostaRicanrealestate.Thiscoverstoryprovidesinsightsintothevisionary leadership,innovativestrategies,andprofoundimpactthatdefineTimFenton andBlueZoneRealtyInternational.
WeextendourcongratulationstoTimFentonandBlueZoneRealty Internationalfortheiroutstandingachievements,settingnewstandardsof excellenceintherealestatearena.Thisfeatureisatributetoaleaderwho continuestoshapethefutureofrealestateintheSouthernPacificZoneofCosta Ricaandbeyond.
Editor-in-Chief The Entrepreneur Times Magazine
Fenton President |
Blue Zone Realty International
Tim
Broker
36.
Innovate or Stagnate: The Entrepreneur's Dilemma
Rob Whitfield, CEO, Redefine Winning
Building Blocks of Success: Key Strategies for Entrepreneurs
Jyoti
Sudhir , Director , Inventindia Innovations Pvt. Ltd.
18. 24. 30.
Tim Fenton
Pioneering Excellence in Costa Rican Real Estate
Tim Fenton President | Broker
Blue Zone Realty International
"In the vibrant Southern Pacic Zone, we don't just sell properties; we curate experiences. Every transaction is a personalized journey, guided by our commitment to client satisfaction."
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"For Blue Zone Realty International, success is not an endpoint but a milestone on a journey to continually set the bar higher and make a meaningful impact."
Tim Fenton, the visionary President & CEO of Blue Zone RealtyInternational,sharesinsightsintohisillustrious30yearcareer,thefoundingofBlueZoneRealtyInternational, and the agency's commitment to excellence and personalizedserviceinthevibrantSouthernPacificZoneof CostaRica.
EmbarkingonaJourney:ALegacyinRealEstate
Tim Fenton's journey in real estate began with his father's wisdom, instilling a belief in the transformative power of hard work. At the age of 20, he obtained his real estate licenseanddelvedintopropertymanagement,climbingthe ranks to senior positions. Over the last 30 years, Fenton's passion for real estate has only grown, shaping a career markedbymilestonesandacommitmenttoexcellence.
Shaping the Future: Founding Blue Zone Realty International
In 2012, Fenton, inspired by personal challenges as a foreign property buyer in Costa Rica, founded Blue Zone RealtyInternational.Theagencywasbornoutofanecessity for professionalism and client-centered service in an unregulatedmarket.Fenton'svisionwasclear–tosetnew standards of excellence and create lasting relationships throughexceptionalservice.
LeadingwithExcellence:RecognitionsandAwards
UnderFenton'sleadership,BlueZoneRealtyInternational has achieved unparalleled success. Awards such as "Best RealEstateAgency,CostaRica"forfiveconsecutiveyears bytheInternationalPropertyAwardsand"Entrepreneurof theYear" by the LatinAmerican Quality Institute in 2022 and 2024 underscore the agency's commitment to excellence.
Client-CentricApproach:TailoredServicesforEveryJourney
Fenton emphasizes the guiding principles of tailored, customized services, shaping the day-to-day operations at Blue Zone Realty International. The agency's commitment to training, mentorship, and collaboration ensures a responsive and dynamic approach, fostering an environment where every client feels heard, valued, andsupported.
ComprehensiveServices:OrchestratingSuccessinRealEstate
Blue Zone Realty International offers a comprehensive suite of services,withFentonlikeningittoareciperatherthanamenu.The integrated, client-centric approach ensures a seamless and successful real estate experience. Fenton believes it is the careful orchestration of all services that culminates in the distinguished levelofsatisfactionclientsexpectfromtheagency.
Global Recognition: The Impact of Leading Real Estate CompaniesoftheWorld
Membership in Leading Real Estate Companies of the World has been transformative for Blue Zone Realty International. The network provides access to global marketing, branding tools, and educationalopportunities,contributingtotheagency'srecognition as the "Best Real EstateAgency, Costa Rica" by the International PropertyAwards.
FutureVision:SustainedGrowthandInnovation
Looking ahead, Fenton envisions Blue Zone Realty International on a path of sustained and manageable growth. Despite global challenges, the agency has shown resilience and adaptability, achieving remarkable upsurges in sales. Fenton's commitment to excellence, client satisfaction, and community support positions Blue Zone Realty International for a future marked by continued successandinnovation.
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"In the realm of real estate, representation is paramount. At Blue Zone Realty International, we forge new standards of excellence, enriching the communities we passionately serve."
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"Blue Zone Realty International: Navigating challenges with resilience, innovating with the launch of Costa Rica Life & Style Real Estate magazine, and fostering excellence within our team."
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Contributing to Community and Industry
BlueZoneRealtyInternationalactively contributestotherealestatecommunity in Costa Rica. Engaging with local realtorsthroughassociationslikeSPAR, the agency fosters a cooperative environment that elevates the entire sector Beyond transactions, the agency supports local communities through various initiatives, embodying a commitment to building a vibrant and interconnectedCostaRicancommunity
Navigating Challenges: The Resilience of Blue Zone Realty International
Tim Fenton reflects on the challenges facedbyBlueZoneRealtyInternational, particularlyduringtheglobalpandemic in 2019 and 2020. Despite the market fluctuations, the agency demonstrated resilience and adaptability, recovering swiftly and achieving significant sales growth in subsequent years. Fenton credits the team's dedication and strategiesfortheremarkableupswingin sales, showcasing Blue Zone Realty International's ability to navigate and overcomechallenges.
Innovative Marketing: The Launch of Costa Rica Life & Style Real Estate Magazine
Fenton discusses the strategic move of launching the Costa Rica Life & Style Real Estate magazine in 2022 This publication not only serves as a marketing tool but also embodies the lifestyleandvaluesofBlueZoneRealty International Featuring exceptional listings and insights from dedicated agents, the magazine has become an integral part of the agency's
comprehensive marketing strategy, enhancing exposure and captivating a globalaudience.
Personal Growth and Leadership: FosteringExcellencewithintheTeam
Asaleader,TimFentonemphasizesthe importance of personal growth and exceeding expectations Blue Zone Realty International's commitment to training and mentorship ensures that each agent embodies the ethos of personalizedservice.Fentonbelievesin setting high standards for the team and constantly looking for innovative ways toimproveandgrow,fosteringaculture of continuous improvement and excellence.
Global Outreach: Participation in InternationalEvents
BlueZoneRealtyInternationalactively participates in international events like the Boat and Yacht Shows in Miami, Palm Beach, and Fort Lauderdale. Fenton sees these events as proactive opportunities to showcase Costa Rica's real estate to a global audience. The agency's involvement with Haute Residents and Leading Real Estate Companies of the World further positions them on a global stage, contributing to their outreach and engagementefforts.
Building Community Resilience: A HolisticApproach
Fenton highlights Blue Zone Realty Interna
ceted cont
it
engagement and support. The agency actively engages with the South Pacific Association of Realtors (SPAR), collaborates with local organizations,
and sponsors community initiatives. Beyond real estate transactions, their commitment to supporting local soccer clubs, community theater, and disaster relief efforts underscores a holistic approach to building resilient and thrivingcommunitiesinCostaRica.
The Journey Ahead: A Promise to ClientsandCommunity
In closing, Tim Fenton reiterates the agency'scommitmenttoexcellenceand client satisfaction Every award received,everymilestoneachieved,and every community initiative undertaken serves as a reminder that Blue Zone Realty International is just getting started.Fenton'smessageencapsulatesa promise to clients, the community, and the real estate industry that the agency will continue setting higher standards and making a meaningful impact in everythingtheydo.
Connect with Blue Zone Realty International
AsBlueZoneRealtyInternationallooks tothefuturewithoptimism,individuals interested in exploring the vibrant Southern Pacific Zone of Costa Rica or engaging with the agency's services are encouraged to connect with them. Tim Fenton and his team stand ready to deliver an exceptional real estate experience, combining expertise, personalized service, and a deep commitmenttoclientsatisfaction.
Inconclusion,thejourneyofBlueZone Realty International, guided by Tim Fenton's leadership, is a testament to resilience, innovation, and a commitment to excellence in the dynamic world of Costa Rican real estate.
ional's multif
ributions to commu
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t
a
n
y
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ROB WHITFIELD
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REDEFINE WINNING | CEO
TRANSFORMING TEAMS FOR 10X SUCCESS WITH CEO ROB WHITFIELD
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RobWhitfield'sjourneyfroma technologyconsultanttotheCEOof RedefineWinningisatestamenttothe transformativepowerofastrongbelief inthepotentialofhumancollaboration. Hisevolutionfromcodingandtesting tospecializinginbehaviorchangeand transformationrepresentsadeep understandingthatbusinesssuccessis intricatelylinkedtothedynamicsof humaninteractionandcollaboration.
RedefineWinning,underWhitfield's leadership,hasembracedamission thatextendsbeyondconventional successmetrics.Byfocusingon coachingteamstoachieve10X success,thecompanyhascarveda nicheinthemarketforitsholistic approachtoteamdynamicsand performanceenhancement.
Whitfield'smotivationtoestablish RedefineWinningstemsfroma genuinedesiretomakeameaningful impactintheprofessionalworld.His convictionthatinvestingincohesive, high-performingteamscanyield exponentialbusinessresultshasbeen thedrivingforcebehindthecompany's inceptionandgrowth.
Inpracticalterms,RedefineWinning's successisnotjusttheoreticalrhetoric. Whitfieldoffersconcreteexamplesof organizations,likethelargeenergy provider,whosecollaborationwith RedefineWinningresultedina remarkableturnaround.Througha seriesofstructuredsessionsand coaching,theonce-guardedand defensiveC-Suiteteamunderwenta radicaltransformation,fosteringa
cultureoftrust,openness,and collectiveaccountability The impressive138%surgeinEBITDAfor thiscompanyservesasatestamentto thetangibleandsustainableimpactof RedefineWinning'smethodologies.
AtthecoreofRedefineWinning's approachliestheconceptof"recontracting,"aninnovativeprocessthat emphasizestheimportanceof deliberatediscussionsonteam dynamicsandcollaborativepractices. Thisemphasisonintentionalteamwork setsRedefineWinningapart,helping organizationsunlocktheirtrue potentialbyoptimizingtheirworking methodsandenhancingoverall productivity.
Whitfield'sdeepunderstandingofthe
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challengesfacedbycontemporaryteamshasinformedRedefineWinning's strategies.Byfosteringacultureofopencommunicationandtrust,the companyhelpsteamstranscendthelimitationsimposedbyconventional hierarchicalstructures.RedefineWinning'scommitmenttofacilitatingopen dialogueandpsychologicalsafetyhasproveninstrumentalinnurturingan environmentwhereallteammembersfeelempoweredtocontributetheir insightsandperspectives.
ThesuccessstoriesofRedefineWinningarenotlimitedtoasingleindustry. Thecompany'simpacthasbeenfeltacrossdiversesectors,asexemplified byitsinterventionwithaglobaltelecommunicationscompany.Byinstilling acommonlanguageandfosteringcollaborativeproblem-solvingplatforms, RedefineWinningenabledasubstantialincreaseinsalesproductivity, showcasingthetransformativepotentialoftheircoachingservices.
AcornerstoneofRedefineWinning'sapproachisthe"noriskguarantee," underscoringthecompany'sconfidenceinitsmethodologies.Byprioritizing clientsatisfactionandfosteringacultureofco-creation,RedefineWinning hascementeditspositionasatrailblazerintherealmofteamcoachingand development.
Lookingahead,Whitfieldenvisionsafuture whereagileteamworkisthecornerstoneof success.Bycontinuingtoprioritizethe developmentofstrongrelationshipsand teamingcompetencies,RedefineWinningis poisedtoremainaleadingforcein transformingteamsintocohesive,highperformingunits,readytoachieve10X successinanever-evolvingbusiness landscape.
Guidedbyapersonalphilosophythat championstherealizationofindividualand collectivepotential,RobWhitfieldand RedefineWinningcontinuetoredefinethe veryessenceofwinning,leavingan indeliblemarkontheworldofteam dynamicsandorganizationalsuccess.
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Transforming Ideas into Innovations: An Interview with Jyoti Sudhir, Co-Founder & CEO at InventIndia Innovations Pvt. Ltd.
In the fast-paced world of innovation and
entrepreneurship,JyotiSudhirstandsoutasadynamic leaderandvisionaryinthefieldofindustrialdesignand development. As the Co-founder and CEO of InventIndia InnovationsPvt.Ltd.,shehassuccessfullyledthecompany tobecomeanindustryleaderintheproductdesignspacefor hardwarestartups.Witharichbackground,includingbeinga graduateoftheGoldmanSachs10KWomenProgramfrom IIM Bangalore and a GS 10KAmbassador from ISB, Jyoti has earned accolades such as the "Express WEAwards for Women Entrepreneurs – Technology Rising Segment" and the "Women Entrepreneur of the Year Award" by Amazon Smbhaav
VenturingintoIndustrialDesign:
In a candid interview, Jyoti shared the inspiration behind her foray into industrial design and development. Her journeybeganin2008whenshemarriedSanandanSudhir, anInventorandaDesigneratheart..Together,theydelved into analyzing the global innovation ecosystem and discoveredasignificantgapinIndia'shardwareinnovation landscape.Despitehavingavastpooloftalent,Indiawas lagging in creating intellectual property, with most innovations originating from Europe and the US. This realizationledtothefoundingofInventIndiain2011,with amissiontoputIndiaontheglobalinnovationmap.
Staying Ahead in a Tech-driven Landscape:
In the rapidly evolving technological landscape, InventIndia stays abreast of the latest trends through frequent knowledge-sharing sessions, research and development, and extensive market and technology studies. Jyoti emphasized the importance of a decentralized system, allowing the team to take ownership of projects and fostering a culture of continuous exploration, integration, and deployment.
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Jyoti Sudhir , Director , Inventindia Innovations Pvt. Ltd.
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Strategies for Successful Product Development:
Jyoti&Sanandanemphasizedtheneedfora systematic innovation mindset, distinguishingitfromtheprevalent"Indian Jugaad" approach. InventIndia adopts an end-to-end approach, addressing gaps in intellectual property, certification, manufacturing,andlogistics.Thecompany hassuccessfullyexecutedover150projects acrossdiverseindustries,includingmedical devices, FMCG, telecom, security, and more.
To ensure successful product development,InventIndiaemploysstrategic Design Process including Design Research (Patents, Forms, Technology trends), Conceptualization, , proof-of-concept validation, , detailed engineering (Mechanical and Electronics),Prototyping and rigorous analytical methods like DFMEA - PFMEA & like. The company's unique research methodologies focus on understanding not just customer needs but their dreams, resulting in game-changing andmeaningfulproducts.
LeadershipandAcademicBackground:
With a Master's degree in Human Development, Jyoti discussed how her academic background contributes to her leadershipstyle.Herprinciple-centeredand trusting leadership approach is characterizedbycollaborationandempathy. Drawingfromherextensiveexperience,she emphasizedtheimportanceofinnovationin improvingIndia'sglobalbusinessposition.
Balancing Innovation and Market Demands:
Navigating the intersection of innovation and market demands, Jyoti acknowledged the complexity of the new product design and development process InventIndia's multidisciplinary team, coupled with a strong process-oriented approach, helps strike a balance. The company fosters a
cultureofinnovationandcreativity,encouraging team members to act quickly, fail quickly, and iteratequickly
Effective Communication in a Global Context:
Given InventIndia's international client base, Jyoti explained how effective communication and co-ordination are ensured across different geographical locations and time zones The company's policy mandates a minimum presence in the office, coupled with a robust IT setup to facilitate remote client calls. Digitization and communication tools like Skype, email, and Zoom further streamline collaboration.
Strategic Partnerships and Quality Assurance:
Strategic partnerships play a pivotal role in InventIndia's seamless product development process. These partnerships undergo stringent due diligence, and external quality control measures are implemented to ensure the reliability and quality of deliverables The company adopts a systems approach to balance theDNAofinnovationandRisk-Takingvisavis the Profitability. The focus is on encouraging newanddisruptiveideasthatcanbepatentedfor clientsorSelf!
StayingAheadinaTech-drivenLandscape:
Intherapidlyevolvingtechnologicallandscape, InventIndia stays abreast of the latest trends through frequent knowledge-sharing sessions, researchanddevelopment,andextensivemarket and technology studies. Jyoti emphasized the importance of a decentralized system, allowing the team to take ownership of projects and fostering a culture of continuous exploration, integration,anddeployment.
IntegrationofInsightsfromCommitteesand Networks:
Jyoti'sactiveinvolvementinvariouscommittees and networks, such as the Confederation of IndianIndustryandWorldDesignOrganization,
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enrichesInventIndia'soperations.The insights gained from industry experts andthoughtleadersareintegratedinto thecompany'sstrategies,contributing toitsgrowthandadaptability
Innovation and Networking for Growth:
Jyoti's proactive engagement in networking extends beyond the confines of InventIndia Her affiliations with prestigious organizations and platforms have
positioned her as an influencer, thoughtleader,mentorandecosystem builder This extensive network has not only facilitated knowledge exchange but has also opened doors for collaborations, partnerships, and industryinsights.
The numerous conferences, seminars, and events where Jyoti has participated as a speaker, panelist, or organizerunderscorehercommitment to staying at the forefront of industry trends. From discussions on AI's
impact on future jobs to organizing virtual seminars on design thinking during challenging times, Jyoti's engagement reflects a holistic approach towards fostering innovationandgrowth.
Adapting to Technological Advancements:
Considering the rapid evolution of technology, InventIndia places a strong emphasis on continuous learningandadaptation.Formaland
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informalknowledge-sharingsessions, coupled with research and development activities and Sandy’s Tech inputs and expertise ensure that theteamremainswell-versedwiththe latest technological trends This commitment allows InventIndia to provide cutting-edge solutions to its clients and maintain a competitive edgeinthedynamicmarket.
The focus on surface/form trends, integration, and aesthetics contributestodeliveringproductsthat not only meet but exceed market expectations.
FutureOutlookandGlobalImpact:
Looking ahead, InventIndia Innovations, guided by Founder’s visionary leadership, is poised for continued success and global impact.
The company's commitment to fostering a culture of innovation, staying abreast of technological advancements, and building strategic partnerships positions it as a key player in the ever-evolving landscape ofindustrialdesignanddevelopment.
Jyoti has been on the Jury of StevieAwardsforWomeninBusiness (USA), Global Start Up Awards for SAARC & ASEAN regions for StartUp of the Year and Best Accelerator/IncubatorProgram.
SocietalImpactandRecognition:
Beyond its business pursuits, InventIndia Innovations has contributed significantly to societal and community development By engaging in various industry forums, trade bodies and government
initiatives, Jyoti has played a pivotal role in shaping policies and fostering innovation ecosystems Her leadership in organizations like the Confederation of Indian Industry's IndianWomen's Network exemplifies a commitment to social impact and genderequality
The numerous awards and accoladesbestoweduponJyotiSudhir and InventIndia Innovations underscore the company's excellence inthefieldofindustrialdesign.
Products Designed by InventIndia have bagged some prestigious Design Awards like - iF Design Award, A Design Award, Design Intelligence Award (DIA), International Design Awards, British Invention Show besides being recognized as the India’s Best Industrial Design Studio Award for consecutive 3 years. Some Business Awards include India SME 100 Awardsforbeingamongstthetop100 SME’s in the country, National Entrepreneurship Award including a CashPrizeof5lacsbytheMinistryof S k i l l D e v e l o p m e n t & Entrepreneurship just to mention a few Recently InventIndia was listed onForbesIndia-DGEMS2023aspart ofSelect200Companiesarenotonly testament to individual and organizational achievements but also serve as motivation for continued dedicationtoexcellence.
Overcoming Challenges and ScalingHeights:
JyotiSudhir'sentrepreneurialjourney, as she candidly shares, has been marked by challenges, sacrifices, and moments of triumph. From leaving stableandreputablejobstonavigating the intricacies of a highly niche technicalspace,thepathtosuccesshas beendemanding.However,each
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challenge was met with resilience, innovation, and a commitment to the larger goal of putting India on the globalinnovationmap.
The transition from a basement startup by a Couple Entrepreneur to an award-winning global innovation company is a testament to the Founding Team’s leadership, strategic decision-making, and the collaborative efforts of the entire InventIndia team. The company'sabilitytoscale,winglobalawards,anddeliver impactful products reflects a unique blend of passion, perseverance,andacommitmenttoquality.
LookingtotheFuture:
As InventIndia continues its journey of pioneering innovations, Jyoti Sudhir remains steadfast in her commitment to pushing boundaries and setting new benchmarks The company's focus on path breaking Design, creating intellectual property, certification, and manufacturing,coupledwithamultidisciplinaryteamand anend-to-endapproach,positionsitasaleadernotjustin the Product design space but the entire Start Up Eco system..
InventIndia’s vision to innovate, invent, and export solutions that solve local problems reflects a broader aspiration to contribute to India's economic growthandglobalrecognition.Theemphasisonbuilding global intellectual property and fostering a culture of continuouslearningpositionsInventIndiaasakeyplayer in shaping the future of innovation, both nationally and internationally
In conclusion, the narrative of Jyoti Sudhir and InventIndia Innovations Pvt. Ltd. is one of inspiration, resilience, and a relentless pursuit of innovation. From challenging the status quo to actively contributing to industry forums, Jyoti Sudhir's journey exemplifies the spiritofentrepreneurshipthatpropelsbothindividualand organizationalsuccess.AsInventIndiacontinuestoleave an indelible mark on the global innovation landscape, it serves as a beacon for aspiring start-ups and the entire HardwareEcosystem.
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UNLEASHING THE ENTREPRENURIAL SPIRIT Edition February 2024
Tim Fenton President | Broker Blue Zone Realty InternationalPioneering Excellence in Costa Rican Real Estate