michael515
Regular Contributor
- Joined
- Aug 27, 2007
- Messages
- 91
Rep Bank
$465
$465
User Power: 115%
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?
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Access Restricted: Unlock 1,000,000+ Posts
Stop Peeking Through the Keyhole.
Open the Door.
You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.
- Active Daily: Life-changing content posted dozens of times every day. No dead threads.
- MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
- Vetted Network: Connect with founders scaling to 7 and 8 figures.
- Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."— User Richard Peck
"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?
