michael515
Bronze Contributor
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- Aug 27, 2007
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Has anyone here ever thought about starting an international/global business? (Or at a minimum a business that after started in America, will be able to be expanded globally) Let's assume primarily e-biz as it seems most viable.
I ask as I'm reading "The World is Flat" by Thomas Friedman (excellent book btw), my belief rises that we continue to move into a global economy. Call me paranoid but I believe that if we as entrepreneurs don't look global we should have a bit of fear about the future.
It can be argued that America is the strongest economy but if so, IMO, we won't be forever. Why not hedge our risk and potential for success by looking to other countries for outsourcing our work or i.e. selling products/services via the web to other countries?
I cannot help but look at most other countries as a less competitive market than the US. (I could be wrong there) I see obvious hurdles: learning a language or getting a language converting program, learning the market and the psychographics of the inhabitants of that location, and learning the rules of international trade/business with that country. But beyond that why not?
I ask as I'm reading "The World is Flat" by Thomas Friedman (excellent book btw), my belief rises that we continue to move into a global economy. Call me paranoid but I believe that if we as entrepreneurs don't look global we should have a bit of fear about the future.
It can be argued that America is the strongest economy but if so, IMO, we won't be forever. Why not hedge our risk and potential for success by looking to other countries for outsourcing our work or i.e. selling products/services via the web to other countries?
I cannot help but look at most other countries as a less competitive market than the US. (I could be wrong there) I see obvious hurdles: learning a language or getting a language converting program, learning the market and the psychographics of the inhabitants of that location, and learning the rules of international trade/business with that country. But beyond that why not?
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