Showing posts with label smaller countries. Show all posts
Showing posts with label smaller countries. Show all posts

Wednesday, May 09, 2018

Smaller Countries Need to Think Internationally From an Early Stage

©iStock/bbsferrari
A founder in Sweden or Ireland knows from day one that their business needs to be international, if it is ever going to get really big.  Whereas a founder operating in the United States, India or China, for example, can focus 100 percent on their home market and still build a billion dollar business.

Smaller countries need to think international from an early stage.

According to an article published at Venture Beat:
Startups from countries with a population of less than 50 million go international twice as fast as startups from countries with a population of more than 50 million: 1.4 years as opposed to 2.8 years.
Read more about when your startup should expand internationally.