New Episode Every Week

Financial
X-Rays
of Real Businesses

What does it actually cost to start a business in Argentina? Every week, real entrepreneurs from across the country sit down and talk numbers — investment amounts, funding sources, recovery timelines, and the mistakes that cost them most.

No financial sector sponsors
Across Argentina
Weekly episodes
Podcast recording studio with microphone and warm lighting
Latest
Bakery in Lanús
Coming Up
Software House, Córdoba
Argentine entrepreneur being interviewed about business finances
"I lost everything in the first year. Nobody told me that was even possible."
— Panadería owner, Lanús

Why do so many business stories skip the numbers?

Most entrepreneurship content focuses on inspiration: the pivot, the breakthrough, the success. What gets left out is the financial reality — the exact amounts invested, the months of negative cash flow, the loans from family, the inventory that never sold.

Celmado exists to fill that gap. We interview real business owners from real Argentine cities and ask them the questions that usually go unasked. Not to celebrate success, but to document reality.

  • Exact investment figures and funding sources discussed openly
  • Recovery timelines — months or years, told as they actually happened
  • The mistakes that cost most — financial, operational, and human
  • What each entrepreneur would do differently if starting today

Stories you won't hear anywhere else

Each episode is a detailed financial portrait of a real Argentine business — told by the person who lived it.

Food & Retail · Lanús, Buenos Aires

The bakery that survived three devaluations

Marcelo opened his panadería with savings and a loan from his father-in-law. He talks about the cost of flour volatility, the decision to fire his first employee, and how he finally got to month-end with money left over.

58 min Lanús Bakery Listen
Software developers at a small tech company in Córdoba
EP. 02
Technology · Córdoba Capital

Building a software house with no investors

Valentina and her co-founder bootstrapped a software development studio with their own savings. She explains the cash flow crisis of month four, why they almost shut down, and the single client that changed everything.

64 min Córdoba Tech Listen
Plant nursery owner in Mendoza among rows of plants
EP. 03
Agriculture · Mendoza

The nursery that grew from a backyard

Ramiro turned a family backyard in Mendoza into a commercial vivero. He details the startup costs, the seasonal cash flow gaps, the irrigation system that broke in year two, and how he finally turned a consistent profit.

52 min Mendoza Agriculture Listen
Food truck owner at their vehicle in Rosario
EP. 04
Food & Mobile · Rosario, Santa Fe

The food truck that ran out of road

Cecilia invested in a food truck during a period of economic uncertainty. She talks about permit costs, the reality of event-based income, and the moment she realized her cost structure was unsustainable — before she fixed it.

61 min Rosario Food Truck Listen

What makes Celmado different?

We follow a structured interview format designed to extract the financial reality of each business — not the polished version.

01

We find real businesses

We seek out entrepreneurs from different sectors and regions across Argentina — not startup founders or venture-backed companies, but real businesses with real financial histories.

02

We ask the hard questions

Every interview follows a structured financial framework: initial investment, funding source, monthly costs, break-even timeline, major financial mistakes, and what they'd do differently today.

03

We publish without filters

No editing out the uncomfortable parts. No softening the numbers. The full conversation is published — including the moments of doubt, regret, and hard-earned clarity.

04

Independent editorial line

Celmado accepts no sponsors from the financial sector. No banks, no fintech platforms, no investment products. This ensures our content is never shaped by commercial interests in that space.

Ready to listen — or share your story?

Start listening today

Browse all published episodes and find stories from businesses like yours. Each episode is a detailed financial conversation — honest, specific, and free to listen.

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Share your business story

Do you run a business in Argentina and want to share your financial experience? We're always looking for real stories from entrepreneurs willing to talk honestly about numbers.

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