
Think Twice Before Jumping Into International Business
I have traveled to some countries around the globe, without a doubt China and India offer an excellent opportunity for start-up business start-ups. BUT, those that travel to Asia without having done any serious homework on business ideology and cultural relationships will find themselves at a great disadvantage. To be successful, you need to ‘re-learn’ almost everything you thought you knew about business.
The saying “When in Rome, do because the Romans” is quite true in Asia. The only real advantage you have is the fact that there are many sellers today than buyers. This gives you some room to negotiate price, but little or no on terms. The few ‘bad apples’ present in both clients, has built up a degree of distrust on both sides.
Entering the Asian market without a minimum of some experienced people behind you does place you at a and the higher chances of failure …
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